Wednesday, July 25, 2007

GMR Infrasructure Takes A Lead

Among the days top 10 gainers in the A group GMR Infrastructure gained 8.94% on 23 July 2007 as it closed at 960.00 compared to previous close of 881.20 on 20 July 2007. This gain in the stock prices of the company will benefit various mutual fund schemes, which have invested in the stocks of the company. Junior BeES is likely to benefit the most 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. Junior BeES has 6.38% share of its portfolio invested in the stocks of the company with 3898 units in June 2007.

LICMF Unit Linked Insurance Scheme (G) is also likely to benefit as scheme has invested 3.80% of its portfolio with 30000 units in the stocks of the company in June 2007. Sahara Midcap Fund (G) is likely to loose as scheme completely exited from the stocks of the company in June 2007compared to 2.00% in May 2007.

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