>INSIDE TRADING 04-05-09

524804	Aurobindo Pharma Ltd	Prasad Reddy Kambam	16/04/2009	B	21220	0.03	88724	0.16
526839	CCAP Ltd	Chirantan Mukherji	02/04/2009	B	5000		608113	17.03
526839	CCAP Ltd	Sisir Kumar Saha	02/04/2009	B	600		5200	0.14
500096	Dabur India Ltd	Ambati Sudhakar	15/04/2009	S	5000		183452	0.02
500096	Dabur India Ltd	Rajan Varma	16/04/2009	S	3696		224059	0.02
500096	Dabur India Ltd	Sunil Duggal	15/04/2009	S	20000		1444360	0.16
532707	Dynemic Products Ltd	Kirtibhai Patel	13/04/2009	S	22200		34900	0.31
532707	Dynemic Products Ltd	Palak D Patel	09/04/2009	S	10000		0	0.00
532707	Dynemic Products Ltd	Palak D Patel	13/04/2009	S	65950		76605	0.67
532857	Glory Polyfilms Ltd	Yogesh P Kela	28/04/2009	B	50000		4860470	27.82
532857	Glory Polyfilms Ltd	Yogesh P Kela	28/04/2009	B	53302		4810470	27.53
509567	Goa Carbon Ltd	Shrinivas V Dempo	27/04/2009	B	604		135004	1.47
509567	Goa Carbon Ltd	Shrinivas V Dempo	28/04/2009	B	2896		137900	1.50
530773	IVRCL Infrastructures & Projects Ltd	E Sudhir Reddy	28/04/2009	B	10000		5264100	3.94
500227	Jindal Poly Films Ltd	Rashid Jilani (Revised)	09/04/2009	S	300		0	0.00
532942	KNR Constructions Ltd	K Narasimha Reddy	06/03/2009 - 28/04/2009	B	16460		9730472	34.60
524522	Laffans Petrochemicals Ltd	Sandeep Seth	23/04/2009	B	1410000	0.00	2688418	33.60
500257	Lupin Ltd	Chandru Chawla	27/04/2009	S	1000		2240	0.00
500257	Lupin Ltd	Debabrata Chakravorty	28/04/2009	B	3450		3510	0.00
500257	Lupin Ltd	Shrikant Kulkarni	28/04/2009	B	700		700	0.00
500257	Lupin Ltd	Udayan S Ambegaokar	28/04/2009	B	700		6050	0.00
500257	Lupin Ltd	Vijaykumar A Kothiwale	28/04/2009	B	750		2250	0.00
515037	Murudeshwar Ceramics Ltd	ICG Q Ltd Sub account of India Invstmt of Partners Ltd	15/04/2009	S	720891	4.12	348167	1.99
523523	Rainbow Papers Ltd	Nikita Ajay Goenka	16/04/2009	B	190000		336336
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio P Ltd	29/04/2009	B	144000	0.94	6141567	40.07
500368	Ruchi Soya Industries Ltd	Nitesh Shahra	29/04/2009	B	92547	0.05	419667	0.22
526981	Shri Bajrang Alloys Ltd	Anand Goel	15/04/2009	B	75		130575	1.45
532531	Strides Arcolab Ltd	Reliance Mutual Fund	28/04/2009	B	547250	1.36	2343399	5.84
532917	Varun Industries Ltd	Kailash S Agarwal	29/04/2009	B	25000		5746880	25.98
532917	Varun Industries Ltd	Kiran N Mehta	29/04/2009	B	25000		8391920	37.94
532824	Vijayeswari Textiles Ltd	Seshraj Enterprises Pvt Ltd	29/04/2009	B	6583	0.04	7698770	42.37
524200	Vinati Organics Ltd	Vinati Saraf	16/04/2009 - 23/04/2009	B	7507	0.08	107379	1.09
524200	Vinati Organics Ltd	Vinati Saraf Mutreja	28/04/2009	B	1700	0.01	109079	1.10

531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	16/04/2009	Acq	3764	0.05	692244	9.82	*
531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	28/04/2009	Acq	75790	1.07	784937	11.13	#
524804	Aurobindo Pharma Ltd	Prasad Reddy Kambam	13/04/2009 - 15/04/2009	Acq	21220	0.03	88724	0.16	#
526839	CCAP Ltd	Chandra Mukherji	08/04/2009	Acq	169	0.01	1274679	35.70	#
500153	Ganesh Benzoplast Ltd	India Debt Mgt P Ltd	25/04/2009	Acq	800000	2.73	8308694	28.37	#
509567	Goa Carbon Ltd	Shrinivas V Dempo	27/04/2009 - 28/04/2009	Acq	3500	0.03	137900	1.50	#
509567	Goa Carbon Ltd	Shrinivas V Dempo	27/04/2009 - 28/04/2009	Acq	3500	0.03	137900	1.50	*
532777	Info Edge India Ltd	Citigroup Global Mkt (M) P Ltd	28/04/2009	Acq	449554	1.65	1422379	5.21	*
515037	Murudeshwar Ceramics Ltd	ICG Q Ltd Sub a/c India Invstmt Partners Ltd	15/04/2009	Sale	720891	4.12	348167	1.99	#
531746	Prajay Engineers Syndicate Ltd	Citigroup Global Mkt (M) Pvt Ltd	16/04/2009	Acq	215965	0.54	2097263	5.28	*
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio P Ltd	29/04/2009	Acq	144000	0.94	6141567	40.07	#
532531	Strides Arcolab Ltd	Reliance Growth Fund	28/04/2009	Acq	547250	1.36	2343399	5.85	#

RESEARCH REPORTS