Wednesday, September 12, 2007

HCL Infosystem Stock Likely To Benefit MF Schemes

Share prices of HCL Infosystem went up by 2.69% to Rs. 221.05 reported at BSE at 10.19 a.m. on 11 September 2007 against previous day close of Rs. 215.25.

DSP ML Technology.com (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. DSP ML Technology.com (G) has 2.98% of its total portfolio size invested in the stocks of the company as on 31 August 2007. The scheme holds 2.48 lakh units of the company in August 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by Kotak LifeStyle Fund (G) (2.64% of its portfolio), Tata Dividend Yield Fund (G) (2.30%) as on August 2007.

DSP ML Equity Fund (D) was holding 5.53 lakh units on 31 July 2007, has sold its 18,142 units to 5.34 lakh units as on 31 August 2007 and thus less likely to gain.

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