Market Commentary

HDFC Mutual Fund dumps Crompton Greaves



Posted On : 2009-06-17 20:45:59( TIMEZONE : IST )

HDFC Mutual Fund dumps Crompton Greaves

The HDFC Mutual Fund has dumped the shares of Crompton Greaves Ltd shares from several of its schemes. In a disclosure to the stock exchanges, HDFC Mutual Fund has disclosed that it has sold its holding in Crompton Greaves Ltd across various schemes from April 2009 to June 2009.

HDFC Arbitrage Fund has sold 376000 shares between 09/04/2009 - 29/04/2009 thereby reducing its stake to Nil.

HDFC Capital Builder Fund has sold 390000 shares between 13/05/2009 - 21/05/2009 thereby reducing its stake to 700000 shares or 0.19%.

HDFC Equity Fund has sold 2978565 equity shares or 0.56% between 13/05/2009 - 04/06/2009 and reducing its stake to 4600000 shares or 1.25%.

HDFC Growth Fund has sold 90000 shares or 0.02% on 25/05/2009 thereby reducing its holding to 2099819 shares or 0.57%.

HDFC Long Term Advantage Fund has sold between 21/05/2009 - 22/05/2009 150000 shares or 0.04% to reduce its stake to 850000 shares or 0.23%.

HDFC Long Term Equity Fund has sold 557920 shares or 0.15% between 22/05/2009 - 25/05/2009 and reducing its stake to 1725000 shares or 0.47%.

HDFC MF Monthly Income Plan - Long Term Plan has sold 400000 shares or 0.11% between 06/05/2009 - 21/05/2009, thereby reducing its holding to 372500 shares or 0.10%.

HDFC MF Monthly Income Plan - Short Term Plan has sold 34000 shares on 07/05/2009 reducing its stake to 35000 shares or 0.01%.

HDFC Mid Cap Opportunities Fund has sold 500000 shares or 0.14% between 13/05/2009 - 22/05/2009 to reduce its stake to 1622500 shares or 0.44%.

HDFC Multiple Yield Fund has sold 15000 shares on 20/05/2009, thereby reducing its holding to just 12000 shares.

HDFC Premier Multi-Cap Fund has sold 488000 equity shares or 0.13% between 06/05/2009 - 03/06/2009 and reduced its holding to 700000 shares or 0.19%.

HDFC Prudence Fund has on 09/04/2009 sold 800 shares reducing its stake to Nil.

HDFC Prudence Fund has sold between 11/05/2009 - 04/06/2009 1586700 shares or 0.43%, thereby reducing its holding to 2150000 shares or 0.59%.

HDFC Top 200 Fund has sold 200000 shares or 0.05% on 29/05/2009, reducing its holding to 3780983 shares or 1.03%.

In BSE, the Crompton Greaves stock closed the day at Rs.276.70, down by Rs.12.35 or 4.27%. The stock hit an intraday high of Rs.288 and low of Rs.274.

The total traded quantity was 420812 compared to 2 week average of 314630.

Source : Equity Bulls

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