Monday, January 14, 2008

Adani Enterprises Losses By 3.42%

Share prices of Adani Enterprises lost by 3.42% to Rs. 1037.95 reported at BSE at 10.34 a.m. on 14 January 2008 against previous day close of Rs 1074.70.

LICMF Children's Fund is likely to lose 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. LICMF Children's Fund has 4.80% of its total portfolio size invested in the stocks of the company as on 31 December 2007. The scheme holds 6999 units of the company in December 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by Reliance Growth Fund - (G) with 23.71 lakh units (4.25% of its portfolio), DBS Chola Midcap Fund (G) with holding of 13459 units (3.95%) as on 31 December 2007.

Two mutual fund schemes exited from Adani Enterprises in December 2007. However, the scheme Sundaram BNP Paribas Growth Fund - (G) was holding 28775 units in November 2007, has sold all its shares in December 2007 and thus likely to benefit most among others. Sundaram BNP Paribas India Leadership Fund - (G) was holding 28932 units in November 2007, has sold all its shares as on 31 December 2007 and thus likely to gain.

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