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Saturday, November 10, 2007
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Mutual Fund News
Nov 7 2007 10:57AM
Jindal Steel and power share prices fall
Share prices of Jindal Steel and power lost by 5.09% to Rs. 11502.00 reported at BSE at 10.28 a.m. on 7 November 2007 against previous day close of Rs. 12119.15.

Magnum Equity Fund (D) 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. Magnum Equity Fund (D) has 9.59% of its total portfolio size invested in the stocks of the company as on 31 October 2007. The scheme holds 35,382 units of the company in October 2007 compared to its peer groups who have invested in the stocks of the company.

Principal Junior Cap Fund (G) is also likely to lose as scheme holds 9.11% of its portfolio with 6090 units of the company as on 31 October 2007.

However, the scheme ABN AMRO Dividend Yield Fund (G) is likely to gain as it completely exited from the stocks of the company in October 2007 compared to 5.94% in September 2007.

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