Saturday, September 22, 2007

IVR Prime Stocks Likely To Benefit MF Scheme

Share prices of IVR Prime went up by 2.70% to Rs. 425.50 reported at BSE at 10.42 a.m. on 21 September 2007 against previous day close of Rs. 414.30. Kotak Contra (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. Kotak Contra (G) has 0.85% of its total portfolio size invested in the stocks of the company as on 31 August 2007. The scheme holds 27671units of the company in August 2007 compared to its peer groups who have invested in the stocks of the company. It is followed by HSBC Unique Opportunities Fund (G) (0.74% of its portfolio), DSP ML India T.I.G.E.R. Fund (G) (0.57%) as on August 2007. Kotak Midcap (G) is less likely to gain as it exited completely from the companies shares as on August 2007.

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