>INSIDER TRADING 03--03-2009

523377 Apar Industries Ltd Dr. N. D. Desai 20/02/2009 - 26/02/2009 B 18850 6628656 20.49 523377 Apar Industries Ltd Mr. Kushal N. Desai 26/02/2009 B 15000 6579729 20.34 523377 Apar Industries Ltd Mr. C. N. Desai 20/02/2009 - 26/02/2009 B 24384 6500483 20.10 531881 Arvind Chemicals ltd. Ruchika Tradelink Pvt Ltd 26/02/2009 B 50000 0.25 6527824 32.96 532454 Bharti Airtel Ltd. Mrs. Archana Gupta 25/02/2009 - 26/02/2009 S 30000 1091692 0.06 500059 Binani Industries Limited Lucknow Properties & Finance Pvt Ltd. -- B 27500 0.09 1419547 4.79 500059 Binani Industries Limited Lexus Holdings & Finance Pvt Ltd. -- B 11300 0.03 1036300 3.50 511196 Can Fin Homes Ltd., Canara Bank 16/02/2009 - 20/02/2009 B 3531 8233847 40.19 532548 Century Plyboards (India) Ltd. Mittu Agarwal. 24/02/2009 S 118850 0.05 3932140 526550 Country Club (India) Ltd. Y. Rajeev Reddy 17/02/2009 - 18/02/2009 B 184000 0.24 18736140 24.20 522261 Dolphin Offshore Enterprises (India) ltd. Rear Admiral Kirpal Singh 25/02/2009 - 27/02/2009 B 562 496025 5.19 532684 Everest Kanto Cylinders Ltd. Mrs. Suman Khurana 26/02/2009 B 5000 14000507 13.84 532754 GMR Infrastructure Limited GMR Holdings Pvt Ltd. 26/02/2009 - 27/02/2009 B 100000 1352004029 74.25 524226 Gujarat Ambuja Exports Ltd. Manish Kumar Gupta. 25/02/2009 B 1199 33900697 24.50 532334 HB Estate Developers Ltd. Shri H C Bhasin 26/02/2009 B 31589 0.26 5682658 47.19 532333 HB Portfolio Ltd. Shri H C Bhasin 26/02/2009 B 43973 0.37 5682892 47.39 500187 Hindustan Sanitaryware & Industries Paco Exports Ltd. 17/02/2009 B 185000 0.34 20264476 36.83 500187 Hindustan Sanitaryware & Industries New Delhi Industrial Promoters & Inv.Ltd 19/02/2009 - 20/02/2009 B 200470 0.36 2851794 5.18 532174 ICICI Bank Ltd. Life Insurance Corporation Of India Ltd 21/11/2007 - 17/02/2009 B 22798223 2.04 104418299 9.38 532479 ISMT Limited Mr A K Jain 26/02/2009 B 20000 2055927 1.40 532644 J.K. CEMENT LTD Dr. K. B. Agarwal 25/02/2009 B 2190 7175 532644 J.K. CEMENT LTD Dr. K B Agarwal 26/02/2009 B 4535 11710 532783 LT Foods Limited Vijay Kumar Arora 25/02/2009 B 4554 2116508 9.51 532783 LT Foods Limited Ashwani Arora 25/02/2009 B 3700 2094820 9.41 500257 Lupin Ltd Satish S Khanna 26/02/2009 B 8850 8850 0.01 500257 Lupin Ltd Naresh Kumar Gupta 26/02/2009 B 2100 2760 500257 Lupin Ltd Udayan S Ambegaokar 26/02/2009 B 1000 5650 500257 Lupin Ltd Parari A Patil 26/02/2009 B 1350 3000 532541 NIIT Technologies Limited Ms. Neeti Pawar. 24/02/2009 - 25/02/2009 B 435227 705097 1.20 500311 Nuchem Ltd., Mr. Arvind Barar 14/02/2009 B 96850 272090 0.91 532944 OnMobile Global Ltd. Amit Kumar Dey 24/02/2009 S 2613 432531 0.74 532944 OnMobile Global Ltd. Amit Kumar Dey 02/03/2009 S 3000 432144 0.74 504864 Orissa Sponge Iron And Steel Limited Torsteel Research Foundation in India -- S 1990000 9.95 3237505 16.19 523523 Rainbow Papers Ltd., Niyati Ajay Goenka 25/02/2009 B 35909 163900 523523 Rainbow Papers Ltd., Niyati Ajay Goenka 26/02/2009 B 35000 198900 523523 Rainbow Papers Ltd., Niyati Ajay Goenka 20/02/2009 - 24/02/2009 B 69091 127991 523523 Rainbow Papers Ltd., Niyati Ajay Goenka 27/02/2009 B 35000 233900 507649 Rasoi Ltd., J. L. Morison (India) Ltd. 13/02/2009 - 20/02/2009 B 7966 0.41 290338 15.02 531033 Regal Entertainment & Consultants Ltd. Shri Satish Kusumbiwal 17/02/2009 - 19/02/2009 B 1400 -- 532638 Shopper's Stop Ltd. Mr. B. S. Nagesh 20/02/2009 - 24/02/2009 B 7702 308446 0.88 517166 SPEL Semiconductor Ltd. Ar Rm Arun 30/01/2009 - 26/02/2009 B 31762 386762 0.84 500404 Sunflag Iron & Steel Co. Ltd., Supra Corporation Ltd 25/02/2009 B 53442 0.03 4198678 2.58 500251 Trent Ltd [Lakme Ltd] Siddhartha Yog. 24/02/2009 B 8377 0.04 545220 2.79 511147 Wall Street Finance Ltd. Mr. Areef A. Patel. 24/02/2009 B 20000 170000 1.46

B - Buy

S - Sale

RESEARCH REPORTS