IVR Prime Urban Developers Loses By 3.43%

Share prices of IVR Prime Urban Developers lost by 3.43% to Rs. 284.50 reported at BSE at 10.33 a.m. on 30 January 2008 against previous day close of Rs 294.60.

Declining share prices may have negative impact on NAV of mutual fund schemes, which holds their stake in the company. Benchmark Equity & Derivatives Opportunities 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. Benchmark Equity & Derivatives Opportunities Fund has 1.50% of its total portfolio size invested in the stocks of the company as on 31 December 2007. The scheme holds 44870 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 Kotak Opportunities (G) with 1.00 lakh units (1.01% of its portfolio) and by Benchmark Derivative Fund (G) with holding of 9952 units (0.99%) as on 31 December 2007.