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Wednesday, December 19, 2007
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MutualFund News
Dec 18 2007 10:46AM
Jaiprakash Associates losses by 2.93%
Share prices of Jaiprakash Associates lost by 3.81% to Rs. 385.50 reported at BSE at 10.45 a.m. on 18 December 2007 against previous day close of Rs 400.75.

Taurus Starshare 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. Taurus Starshare has 32.02% of its total portfolio size invested in the stocks of the company as on November 2007. The scheme holds 4.67 lakh units of the company in November 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by Taurus Discovery Stockwith 45,793 units (22.78% of its portfolio), Taurus Bonanza Exclusive Growth Scheme with holding of 47,848 units (13.75%) as on November 2007.

Four mutual fund schemes exited from Jaiprakash Associates in November 2007. However, the scheme DSP ML Savings Plus Fund Aggressive (G) was holding 20,100 units in October 2007, has sold all its shares in November 2007 and thus likely to benefit most among others. DSP ML Savings Plus Fund Moderate (G) was holding 17,425 units in October 2007, has sold all its shares as on 30 November 2007 and thus likely to gain.

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