Monday, February 11, 2008

Hindustan Unilever Stocks Loses By 2.48%

Share prices of Hindustan Unilever stocks lost by 2.48% to Rs. 206.50 reported at BSE at 11.06 a.m. on 11 February 2008 against previous day close of Rs 211.75.

Declining share prices may have negative impact on NAV of mutual fund schemes, which holds their stake in the company. Franklin FMCG Fund - (G) 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. Franklin FMCG Fund - (G) has 6.74% of its total portfolio size invested in the stocks of the company as on 31 January 2008. The scheme holds 90000 units of the company in January 2008 compared to its peer groups who have invested in the stocks of the company.

Other schemes, which may affect includes BOB Growth (G) with 24000 units (6.72% of its portfolio), ING Dividend Yield Fund (G) with holding of 60125 units (4.30%) as on 31 January 2008.

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