Tata Steel Stocks Likely To Benefit MF Scheme

Share prices of Tata Steel went up by 4.29% to Rs. 1031.35 reported at BSE at 10.52 a.m. on 26 October 2007 against previous day close of Rs. 988.90.

BOB Baroda Global Fund (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. BOB Baroda Global Fund (G) has 10.85% of its total portfolio size invested in the stocks of the company as on 30 September 2007. The scheme holds 7,000 units of the company in September 2007 compared to its peer groups who have invested in the stocks of the company. It is followed by BOB Growth (G) (8.77% of its portfolio), Taurus Bonanza Exclusive Growth Scheme (8.15%) as on September 2007.

Tata Select Equity Fund - (G) was holding 40,000 units on 31 August 2007, has sold all its shares as on 30 September 2007 and thus less likely to gain. Principal Infrastructure & Services Industries (G) was holding 85,988 units on 31 August 2007 has sold its 62,128 units as on 30 September 2007 and thus less likely to benefit.