Thursday, January 3, 2008

Bombay Dyeing & Manufacturing Company Stocks Likely To Benefit MF Scheme

Share prices of Bombay Dyeing & Manufacturing Company went up by 3.05% to Rs. 928.30 reported at BSE at 10.48 a.m. on 3 January 2008 against previous day close of Rs. 900.85.

Reliance Regular Savings Fund - Equity (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 Regular Savings Fund - Equity (G) was holding 3.76% of its total portfolio size invested in the stocks of the company as on 31 December 2007. The scheme holds 1.49 lakh 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 ABN AMRO Sustainable Development Fund (G) with 26953 units (3.57% of its portfolio), Birla Sun Life Long Term Advantage Fund - Sr.1 (G) with 1.67 lakh units holding (2.78%) as on December 2007.

However, the scheme, Kotak Equity Arbitrage Fund (G) was holding 12,300 units as on 30 November 2007, has sold all its shares as on 31 December 2007 and thus less likely to gain.

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