Dredging Corporation Of India Stocks Likely To Benefit MF Scheme

Share prices of Dredging Corporation of India went up by 3.74% to Rs. 1278.95 reported at BSE at 10.10 a.m. on 15 November 2007 against previous day close of Rs. 1232.85.

Reliance Long-Term Equity 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. Reliance Long-Term Equity Fund (G) 2.22% of its total portfolio size invested in the stocks of the company as on 31 October 2007. The scheme holds 7.11 lakh units of the company in October 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by Sundaram BNP Paribas Select Small Cap (G) (2.19% of its portfolio), Magnum SFU - Contra Fund (G) (1.89%) as on October 2007.

Tata Contra Fund (G) was holding 36,999 units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to gain. Tata Equity P/E Fund - (G) was holding 20,000 units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to gain.