Share prices of Suzlon Energy went down by 2.09% to Rs. 325.20 reported at BSE at 11.19 a.m. on 18 February 2008 against previous day close of Rs 332.15.
Declining share prices may have negative impact on NAV of mutual fund schemes, which holds their stake in the company. HDFC Growth 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. HDFC Growth Fund (G) has 4.30% of its total portfolio size invested in the stocks of the company as on 31 January 2008. The scheme holds 12.45 lakh 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 HDFC Long Term Equity Fund (G) with 19.42 lakh units (4.21% of its portfolio), HDFC Equity Fund - (G) with holding of 63.25 lakh units (4.14%) as on 31 January 2008
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