Essar Steel Stocks Likely To Benefit MF Scheme

Share prices of Essar steel went up by 3.07% to Rs. 38.60 reported at BSE at 12.24 p.m. on 1 August 2007 against previous day close of Rs. 37.45.
Sundaram BNP Paribas Select Small Cap (G) is likely to gain 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. Sundaram BNP Paribas Select Small Cap (G) has 0.51% of its total portfolio size invested in the stocks of the company as on June 2007. The scheme holds 4.42 lakh units of the company in June 2007 compared to its peer groups who have invested in the stocks of the company.

However the scheme like Sundaram BNP Paribas Tax Saver (G) is less likely to benefit as it completely exited from the stocks of the company in June 2007 compared to 1.47% hold in May 2007.