CMC Stocks Likely To Benefit MF Scheme

Share prices of CMC went up by 6.10% to Rs. 1260.00 reported at BSE at 10.42 a.m. on 24 December 2007 against previous day close of Rs. 1187.60.

HDFC Multiple Yield 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. HDFC Multiple Yield Fund (G) 4.49% of its total portfolio size invested in the stocks of the company as on 30 November 2007. The scheme holds 50000 units of the company in November 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by ING A.T.M. (Against The Market) Fund (G) with 6,671 units (3.13% of its portfolio), ING Domestic Opportunities Fund (Bonus) with 26,418 units holding (2.15%) as on November 2007.