Wednesday, August 22, 2007

Chambal Fertilizers And Chemicals Takes A Lead In Investing In

Among the days top 10 gainers in the A group Chambal Fertilizers and Chemicals gained 19.92% on 20 August 2007 as it closed at 44.85 compared to previous close of 37.40 on 17 August 2007. Gain in the stock prices of the company will benefit various mutual fund schemes, which have invested in the stocks of the company. Tata Dividend Yield Fund (G) is likely to benefit the most as it has the highest percentage hold of the stocks of the company compared to its peer groups who have invested in the stocks of the company. Tata Dividend Yield Fund (G) has 2.63% share of its portfolio invested in the stocks of the company with 11.50 lakh units as on July 2007.

UTI Dividend Yield Fund- (G) is also likely to benefit as scheme has invested 2.57% of its portfolio with 48.36 lakh units in the stocks of the company as on July 2007. However, the scheme like Tata Dividend Yield Fund (G) is likely to benefit to a limited extent as scheme sold 13 shares of the company and holds 11.50 lakh units as on July 2007.

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