Tuesday, August 7, 2007

Everest Kanto Cylinder Likely To Affect MF Schemes

Share prices of Everest Kanto Cylinder were down by 1.84% to Rs. 1023.00 reported at BSE at 2.20 p.m. on 6 August 2007 against previous day close of Rs. 1042.15. JM HI FI Fund (G) is likely to loose 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. JM HI FI Fund (G) has 4.42% of its total portfolio size invested in the stocks of the company as on July 2007. The scheme holds 12028 units of the company in July 2007 compared to its peer groups who have invested in the stocks of the company.

JM Basic Fund (G) is also likely to loose as scheme holds 1.69% of portfolio in companies shares as on July 2007. However, scheme is likely to gain to a limited extent as scheme sold 1.73% of portfolio as on July 2007 and thus holds 1.69% of portfolio in companies shares as on July 2007 as compared to 3.42% hold in June 2007.

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