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Friday, November 30, 2007

Reliance Petroleum Stocks Likely To Benefit MF Scheme

Share prices of Reliance Petroleum went up by 2.58% to Rs. 220.60 reported at BSE at 10.49 a.m. on 30 November 2007 against previous day close of Rs. 215.05.

ICICI Pru Equity & Derivative -Income Optimiser (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. ICICI Pru Equity & Derivative -Income Optimiser (G) 8.80% of its total portfolio size invested in the stocks of the company as on 31 October 2007. The scheme holds 46.61 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 Canara Robeco Equity - Tax Saver (7.56% of its portfolio) and Standard Chartered Tax Saver (ELSS) (G) (6.22%) as on October 2007.

However, the schemes like, Kotak Opportunities (G) was holding 2.70 lakh units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to gain. Sundaram BNP Paribas Select Focus - (G) also holding 4.87 lakh units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to benefit.
Posted by Indian-commodity at 11:17 AM

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