>INSIDER TRADING 29-04-09

511589 Almondz Capital & Management Services Ltd Innovative Money Matters P Ltd 23/04/2009 B 5000 0.05 2139702 21.36 506074 Arshiya International Ltd Mr. Jashay J. Mehta 01/04/2009 - 06/04/2009 B 25000 0.00 75500 0.09 532507 BAG Films & Media Ltd Nalin Satyakam Kohli 27/04/2009 S 46653 53391 0.05 532616 Cambridge Solutions Ltd Xchanging (M) Ltd 09/04/2009 B 64474153 57.89 84699061 76.05 526839 CCAP Ltd Chandra Mukherji 27/04/2009 B 1200 0.03 218446 6.11 526839 CCAP Ltd Chandra Mukherji 28/04/2009 B 1000 0.03 219446 6.14 526839 CCAP Ltd Sisir Kumar Saha 27/04/2009 B 400 5600 0.14 530829 Cil Securities Ltd K K Maheshwari 29/04/2009 B 245000 1072700 21.45 503796 Digjam Ltd Birla Holdings Ltd 28/04/2009 B 448028 0.65 1959491 2.85 532876 Everonn Systems India Ltd Virmac Investments 08/04/2009 S 46000 0.30 739314 4.89 532876 Everonn Systems India Ltd Virmac Investments 08/04/2009 S 54000 0.36 785314 5.19 532876 Everonn Systems India Ltd Virmac Investments 09/04/2009 S 53000 0.35 686314 4.54 532876 Everonn Systems India Ltd Virmac Investments 09/04/2009 S 72000 0.48 614314 4.06 532876 Everonn Systems India Ltd Virmac Investments 15/04/2009 S 7500 0.05 597814 3.95 532876 Everonn Systems India Ltd Virmac Investments 15/04/2009 S 9000 0.06 605314 4.00 532876 Everonn Systems India Ltd Virmac Investments 16/04/2009 S 30000 0.20 567814 3.76 532876 Everonn Systems India Ltd Virmac Investments 23/04/2009 S 67814 0.45 500000 3.31 532642 Jindal South West Holdings Ltd Quantum (M) Ltd 16/04/2009 S 311232 2.80 654759 5.90 514446 Lifestyle Fabrics Ltd Asman Investments Ltd 27/04/2009 S 3949093 71.80 0 0.00 532783 LT Foods Ltd Ashwani Arora 28/04/2009 B 10000 2201830 9.89 532783 LT Foods Ltd Surinder Kumar Arora 28/04/2009 B 10000 2225843 9.99 500257 Lupin Ltd Ashok Kumar Madan 27/04/2009 S 200 0.00 610 0.00 500257 Lupin Ltd Deepak Kasbi 24/04/2009 S 600 0.00 858 0.00 500257 Lupin Ltd Nitin B Vadia 27/04/2009 S 1000 0.00 5550 0.00 500257 Lupin Ltd Udayan S Ambegaokar 27/04/2009 S 100 0.00 5350 0.00 500257 Lupin Ltd Vijaykumar A Kothiwale 27/04/2009 S 1000 0.00 1500 0.00 500267 Majestic Auto Ltd Hero Cycles Ltd 27/04/2009 S 26065 0.25 3006902 -0.25 532307 Melstar Information Technologies Ltd S M Arora 15/04/2009 S 514121 0 532307 Melstar Information Technologies Ltd Sanjay Arora 15/04/2009 S 131300 0 532307 Melstar Information Technologies Ltd Seema Arora 15/04/2009 S 112000 0 532307 Melstar Information Technologies Ltd Sudha Arora 15/04/2009 S 60750 0 511754 Shalibhadra Finance Ltd Mrs. Sheetal M Doshi 15/04/2009 B 51 0.00 1037477 20.73 513262 Steel Strips Wheels Ltd Dheeraj Garg 13/04/2009 B 1000 741811 5.68 507878 Unitech Ltd Morgan Stanley Mauritius Co. Ltd & PACs 23/04/2009 B 103892914 5.08 105836341 5.17 511736 Ushdev International Ltd Prateek Gupta 15/04/2009 B 103 0.00 479789 1.73

B - Buy

S - Sale

RESEARCH REPORTS

>Maruti Suzuki Technical Analysis

Maruti Suzuki (MSIL) has outdone street expectations as volumes have rebounded (up 17%yoy) in Q4FY09 on a high base.

Which fueled nice rally in the whole automobile sector ,Maruti itself saw nice swift one way
rally ,The present wave structure suggest ongoing correction can still continue.

Maruti can be shorted in rises (835-840) could be a perfect short with sl at 872
downside target at 750 a nice 70-90 points with risk of 30 points.
Keep eye on other auto stocks too they usually move in unison.

Check what Research houses say about Maruti.

Maruti Suzuki (IDFC SSKI)

Regards
Rish
RESEARCH REPORTS

>INSIDER TRADING 28-04-09

531400 Almondz Global Securities Ltd Almondz Cap & Mgmt S Ltd 08/04/2009 S 2400 11985605 47.33 531400 Almondz Global Securities Ltd Almondz Cap & Mgt S Ltd 27/04/2009 B 1100 11987524 47.34 531400 Almondz Global Securities Ltd Almondz Cap & Mgt S Ltd 27/04/2009 B 440 11986424 47.34 531400 Almondz Global Securities Ltd Almondz Cap & Mgt Ser Ltd 23/04/2009 B 100 11985984 47.33 531400 Almondz Global Securities Ltd Almondz Cap & Mgt Ser Ltd 23/04/2009 B 274 11985884 47.33 531400 Almondz Global Securities Ltd Almondz Cap & Mngmt S Ltd 13/04/2009 B 5 11985610 47.33 532828 AMD Industries Ltd Adit Gupta 24/04/2009 B 110 2400247 12.52 532995 Avon Corporation Ltd Pankaj P Saraiya 22/04/2009 B 10010 0.00 6697493 40.39 532382 Balaji Telefilms Ltd Mrs. Shobha Kapoor 08/04/2009 B 9000 0.00 9970000 15.28 532382 Balaji Telefilms Ltd Mrs. Shobha Kapoor 22/04/2009 B 22500 0.00 10002500 15.30 531937 Beckons Industries Ltd Gurmeet Singh 22/04/2009 B 62800 1480460 5.49 531937 Beckons Industries Ltd Gurmeet Singh 23/04/2009 B 1347 1481807 5.50 517001 Birla Power Solutions Ltd Lotus Global Invstmt Ltd 23/04/2009 S 1500000 3.53 965136 2.27 517001 Birla Power Solutions Ltd Shearson Invstmt & Tdg Co Pvt Ltd 23/04/2009 B 1500000 3.53 3119800 7.34 526839 CCAP Ltd Chirantan Mukherji 23/04/2009 B 7000 616223 17.25 530871 Chembond Chemicals Ltd Dr Vinod D Shah 09/04/2009 B 215 443869 0.00 530871 Chembond Chemicals Ltd Dr Vinod D Shah 21/04/2009 B 50 443919 0.00 526550 Country Club India Ltd Goldman Sachs Invst Mauritius Ltd 03/04/2009 S 6424250 8.30 522261 Dolphin Offshore Enterprises India Ltd Manjit Kirpal Singh 23/04/2009 B 256 389529 4.07 522261 Dolphin Offshore Enterprises India Ltd Manjit Kirpal Singh 24/04/2009 B 1440 390969 4.09 532707 Dynemic Products Ltd Dalshiben B Patel 13/04/2009 - 21/04/2009 S 30000 30000 0.26 532707 Dynemic Products Ltd Naniben K Patel 21/04/2009 S 43500 0 532707 Dynemic Products Ltd Valiben P Patel 21/04/2009 S 23040 16960 0.14 532015 Gravity India Ltd Dakshaben R. Thakkar 20/04/2009 B 270 0.00 118995 1.32 500467 Harrisons Malayalam Ltd Pankaj Kapoor 16/04/2009 B 3059 81001 0.44 500219 Jain Irrigation Systems Ltd FMR LLC & PACs 23/04/2009 B 148008 0.20 3860214 5.19 500165 Kansai Nerolac Paints Ltd Devendra Motilal Kothari 13/04/2009 S 200 3365 0.01 500165 Kansai Nerolac Paints Ltd Indu Devendra Kothari 13/04/2009 S 200 5613 0.02 512559 Kohinoor Foods Ltd Venture Business Advisors Pvt Ltd 16/02/2009 S 41206 0.15 158794 0.56 512559 Kohinoor Foods Ltd Venture Business Advisors Pvt Ltd 23/03/2009 S 52421 0.19 106373 0.38 500247 Kotak Mahindra Bank Ltd B Gop Kumar 08/04/2009 S 2000 2888 500247 Kotak Mahindra Bank Ltd Dipak Gupta 09/04/2009 S 2500 283000 500247 Kotak Mahindra Bank Ltd Shanti Ekambaram 09/04/2009 S 5000 218800 532783 LT Foods Ltd Surinder Kumar Arora 23/04/2009 B 5048 2215843 9.95 513269 Man Industries India Ltd JPA Holding P Ltd 26/03/2009 B 79410 236994 0.29 513269 Man Industries India Ltd JPA Holding P Ltd (Revised) 27/03/2009 B 102978 339972 0.44 532307 Melstar Information Technologies Ltd Mustaque Shaikh 16/04/2009 S 17636 0 532307 Melstar Information Technologies Ltd Sana Shaikh & Sattar Shaikh 15/04/2009 S 300028 0.00 0 0.00 532307 Melstar Information Technologies Ltd Sattar Shaikh 16/04/2009 S 146652 0 0.00 532307 Melstar Information Technologies Ltd Sattar Shaikh Sana Shaikh 16/04/2009 S 481250 0 0.00 526721 Nicco Parks & Resorts Ltd Rajive Kaul 13/04/2009 B 2840 191597 4.09 526721 Nicco Parks & Resorts Ltd Rajive Kaul 14/04/2009 B 80 191677 4.09 532466 Oracle Financial Services Software Ltd Manmath Kulkarni 23/04/2009 S 1000 63185 532817 Oriental Trimex Ltd Rajesh Kumar Punia 21/04/2009 B 20000 2335446 15.62 531349 Panacea Biotec Ltd First Lucre Partnership Co & PACs 20/04/2009 B 4211 0.00 45629072 0.00 531120 Patel Engineering Ltd Enpro Ltd 15/10/2008 - 22/10/2008 B 42500 0.07 42500 0.07 531120 Patel Engineering Ltd Khizer Ahmed 13/04/2009 B 1100 0.00 3600 0.00 531120 Patel Engineering Ltd Patel Corporation Pvt Ltd 13/04/2009 - 15/04/2009 B 10000 0.01 14254100 23.88 531120 Patel Engineering Ltd Sonal Patel 13/04/2009 B 2500 0.00 256400 0.43 500540 Premier Ltd Doshi Holdings Pvt Ltd 17/04/2009 - 22/04/2009 B 13374 0.04 12035639 39.62 531391 Ratnabali Capital Markets Ltd Suresh Kumar Somani 24/04/2009 B 8271 0.16 662071 12.73 531391 Ratnabali Capital Markets Ltd Vikash Somani 27/04/2009 B 18951 0.37 691800 13.30 531391 Ratnabali Capital Markets Ltd Vikasn Somani 24/04/2009 B 15200 0.29 672849 12.93 526981 Shri Bajrang Alloys Ltd Anand Goel 22/04/2009 B 10410 140985 1.57 532904 Supreme Infrastructure India Ltd Bhawani Shankar Sharma 22/04/2009 B 7000 2809600 20.24 532904 Supreme Infrastructure India Ltd Bhawani Shankar Sharma 23/04/2009 B 10000 2819600 20.31 532667 Suzlon Energy Ltd Devyani K Parmar 21/04/2009 B 50000 904750 0.06 532667 Suzlon Energy Ltd Kiritsinh A Parmar 21/04/2009 B 50000 3776500 0.25 532667 Suzlon Energy Ltd Naliniben R Parmar 21/04/2009 B 50000 750000 0.05 532667 Suzlon Energy Ltd Sheela B Parmar 21/04/2009 B 50000 800000 0.05 590005 Tide Water Oil India Ltd BlueChip Vanijya Pvt Ltd 06/04/2009 B 43100 4.95 86200 0.00 532349 Transport Corporation of India Ltd Chander Agarwal & Dependents 23/04/2009 - 24/04/2009 B 118745 3464793 4.78 531088 Tulip Star Hotels Ltd Dr. Ajit B Kerkar 21/04/2009 B 12000 0.00 12000 0.00 532824 Vijayeswari Textiles Ltd Seshraj Enterprises Pvt Ltd 09/04/2009 - 13/04/2009 B 18438 0.10 7659670 42.15 532824 Vijayeswari Textiles Ltd Seshraj Enterprises Pvt Ltd 27/04/2009 B 7552 0.04 7692187 42.33 522108 Yuken India Ltd Matterhorn Ventures 16/04/2009 S 2719 0.09 176074 5.87 522108 Yuken India Ltd Matterhorn Ventures 17/04/2009 S 138 0.00 175936 5.87

B - Buy

S - Sale

RESEARCH REPORTS

>Oracle financial services software Technical Analysis

Oracle financial services saw 100%+ jump from 400+ odd levels in approximately
3 months.

Oracle financial presently trading near resistance.
The wave structure suggests we may be finishing 5 up .Which suggests correction
in this stock.
The dotted trendline gives a clue about shorting point,Presently tested trendline support
This script can be sold at rises,I don't expect a new high (above 945) in this stock for some time.

Check what brokerage houses say about this stock

Oracle financial services software

Regards
Rish


RESEARCH REPORTS

>INSIDER TRADING 27-04-09

512379 Cressanda Solutions Ltd Rahul Agarwal 17/04/2009 S 90000 262800 2.92 512379 Cressanda Solutions Ltd Rohit Agarwal 17/04/2009 S 45000 510000 5.66 509567 Goa Carbon Ltd Shrinivas V Dempo 22/04/2009 B 4000 131400 1.44 509567 Goa Carbon Ltd Shrinivas V Dempo 23/04/2009 B 3000 134400 1.47 524226 Gujarat Ambuja Exports Ltd Shilpa Gupta 08/04/2009 B 20000 1625000 1.17 524226 Gujarat Ambuja Exports Ltd Shilpa Gupta 09/04/2009 B 10000 1635000 1.18 517271 HBL Power Systems Ltd Baby M Deeksha * 15/04/2009 B 50000 0.21 99180 0.41 500284 Lords Chloro Alkali Ltd Ashok Kumar 10/04/2009 B 900000 0 0.00 500520 Mahindra & Mahindra Ltd HSBC Global Investment Funds 06/04/2009 S 200000 0.07 8312016 2.98 514242 MH Mills & Industries Ltd Biren Parikh 23/04/2009 B 258000 0.00 594024 3.61 517334 Motherson Sumi Systems Ltd MothersonSehgal Cables (held jointly in the name of Mr. V C Sehgal & Mrs. Renu Sehgal) 22/04/2009 S 7000000 0 0.00 517334 Motherson Sumi Systems Ltd Renu Sehgal (W/o Mr. V C Sehgal, Director) 22/04/2009 S 1205392 0 0.00 517334 Motherson Sumi Systems Ltd Samvardhana Motherson Finance Ltd part of the promoters group 22/04/2009 B 9609909 2.70 131887802 37.09 511754 Shalibhadra Finance Ltd Sheetal M Doshi 13/04/2009 B 102 0.00 1037426 20.73 532793 Shree Ashtavinayak Cine Vision Ltd Dhilin H Mehta 21/04/2009 B 3000 0.03 1738800 16.59 532833 Sparsh BPO Services Ltd Kapil Puri 17/04/2009 B 6325 0.04 1213577 7.52 531373 Suave Hotels Ltd Boyce Ply Pvt Ltd 31/03/2009 B 1500000 1500000 13.27 519228 Temptation Foods Ltd Venture Business Advisors Pvt Ltd 13/04/2009 B 504147 2.01 6569974 26.13 511736 Ushdev International Ltd Prateek Gupta 13/04/2009 B 170 479686 1.74 532953 V Guard Industries Ltd Kochouseph Chittilappilly 09/04/2009 - 13/04/2009 B 3596 6807958 22.81 512217 Woolite Mercantile Company Ltd Arva Chamdia 26/03/2009 S 45000 2.26 0 0.00 512217 Woolite Mercantile Company Ltd Umesh Chamdia 26/03/2009 B 45000 2.26 1149470 57.70

B - Buy

S - Sale

RESEARCH REPORTS

>INSIDER TRADING 24-04-09

507852 Addi Industries Ltd., Smt. Urmila Jain 22/04/2009 B 7781 0.07 3320100 30.75 532683 AIA Engineering Ltd. Balkrishna F. Shah 11/04/2009 - 18/04/2009 S 3400 28285 0.03 520077 Amtek Auto Ltd Aarti Jain 15/04/2009 S 60000 0.04 -- 520077 Amtek Auto Ltd Anjali Malhotra 15/04/2009 S 106150 0.07 -- 520077 Amtek Auto Ltd Arvind Dham 15/04/2009 B 166150 0.11 2390645 1.69 508869 Apollo Hospitals Enterprises Ltd., Dr. Prathap C Reddy 18/04/2009 B 1549157 2.51 2754650 4.46 527001 Ashapura Minechem Ltd Chetan N. Shah 21/04/2009 S 87000 10376964 13.13 532995 Avon Corporation Limited Pankaj Saraiya 21/04/2009 B 9000 6687483 40.33 532995 Avon Corporation Limited Pankaj Saraiya 20/04/2009 B 10000 6678483 40.28 531590 Bilpower Ltd. Choudhary Global Ltd. 20/04/2009 B 3785 0.03 423539 4.03 531590 Bilpower Ltd. Choudhary Global Ltd. 21/04/2009 B 22040 0.21 445579 4.24 500040 Century Textiles & Industries Ltd., SBI Mutual Fund 17/04/2009 B 137775 0.15 4671432 5.02 500096 Dabur India Ltd. Sunil Duggal 21/04/2009 S 20000 1424360 0.16 500096 Dabur India Ltd. Ambati Sudhakar 21/04/2009 S 4500 178952 0.02 500096 Dabur India Ltd. Rajan Varma 21/04/2009 S 4750 219309 0.02 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltd 17/04/2009 B 50000 0.08 4595229 7.59 532707 Dynemic Products Ltd. Chetnaben M Patel 21/04/2009 S 60360 71640 0.63 532707 Dynemic Products Ltd. Shashikant P Patel 21/04/2009 S 25000 566344 4.99 501848 Garware Offshore Services Limited Ashok B. Garware 24/03/2009 - 17/04/2009 B 12006 205611 0.86 524164 IOL Chemicals & Pharmaceuticals Ltd indiaSTAR (Mauritius) Ltd. -- B 726664 3.42 3156664 14.88 524164 IOL Chemicals & Pharmaceuticals Ltd Mayadevi Polycot Ltd. -- B 1200000 5.66 9781323 46.10 500247 Kotak Mahindra Bank Ltd. Vikram Sud 17/04/2009 S 20000 -- 500247 Kotak Mahindra Bank Ltd. Venkattu Srinivasan 17/04/2009 S 10000 42821 500247 Kotak Mahindra Bank Ltd. Chetan P. Desai 17/04/2009 S 2000 9100 500247 Kotak Mahindra Bank Ltd. Vivek Anand 17/04/2009 S 3100 4 526721 Nicco Parks And Resorts Ltd. Rajive Kaul 17/04/2009 B 245 192002 4.10 526721 Nicco Parks And Resorts Ltd. Rajive Kaul 09/04/2009 B 320 188697 4.03 526721 Nicco Parks And Resorts Ltd. Rajive Kaul 17/03/2009 B 125 186825 3.99 526721 Nicco Parks And Resorts Ltd. Rajive Kaul 20/04/2009 B 2400 194402 4.15 504864 Orissa Sponge Iron And Steel Limited Prakausali Investments (India) Pvt. Ltd 29/01/2009 S 1900000 9.50 522900 504864 Orissa Sponge Iron And Steel Limited M/s BBN Transportation Pvt Ltd & PACs 05/08/2008 B 5000 0.02 1004324 5.01 531120 Patel Engineering Ltd Patel Corporation Pvt. Ltd 16/04/2009 - 20/04/2009 B 7900 0.01 14262000 23.90 531120 Patel Engineering Ltd Sonal Patel 20/04/2009 B 2547 258947 0.43 523289 Rama Vision Ltd Satish Jain 21/04/2009 B 40000 447678 4.47 523289 Rama Vision Ltd Udit Jain 18/02/2009 - 21/04/2009 B 37336 402749 4.02 523289 Rama Vision Ltd Arhant Jain 22/04/2009 B 35000 405605 4.05 523289 Rama Vision Ltd M/s AUS Finance & Invest P Ltd 21/04/2009 B 180000 1077500 10.75 523289 Rama Vision Ltd M/s RVL Finance & Investments P Ltd 21/04/2009 B 210000 1073550 10.71 500376 Satyam Computer Services Ltd FID FDS - (Mauritius) Ltd. & PACs 06/04/2009 S 12000000 1.78 43595060 6.47 532874 Suryachakra Power Corporation Ltd. M. Mangatayaru 13/04/2009 B 3500 1404341 1.83 532874 Suryachakra Power Corporation Ltd. M. Mangatayaru 17/04/2009 B 3000 1410341 1.84 530363 Ugar Sugar Works Ltd. S B Reshellers Pvt Ltd 13/04/2009 S 110000 0.10 16230093 14.43 530363 Ugar Sugar Works Ltd. S B Reshellers Pvt Ltd 16/04/2009 S 102000 0.09 16128093 14.34 530363 Ugar Sugar Works Ltd. S B Reshellers Pvt Ltd 17/04/2009 S 107000 0.10 16021093 14.24 507458 United Breweries (Holdings) Ltd. Asia Pacific Performance & other Funds -- B 1609022 2.40 5148017 7.70 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 15/04/2009 - 17/04/2009 B 9488 6817446 22.84 532824 Vijayeswari Textiles Ltd. Seshraj Enterprises P Ltd 22/04/2009 B 15943 0.08 7684635 42.29 532893 VTM Ltd Sree Devi Karumari Finance P Ltd -- S 16370 0.41 133630 3.32 532893 VTM Ltd Thirumagal Finance Pvt Ltd -- S 36810 0.92 -- 532893 VTM Ltd Sivakami Textile Traders Pvt Ltd -- S 8460 0.21 --

B - Buy

S - Sale

RESEARCH REPORTS

>INSIDER TRADING 23-04-09

507852	Addi Industries Ltd.,	Smt. Urmila Jain	21/04/2009	B	290000	2.68	3312319	30.67
532799	Akruti City Ltd.	Lata M. Shah	26/03/2009	S	300000	0.45	2100000	3.15
532799	Akruti City Ltd.	Falguni V. Shah	26/03/2009	S	3850000	5.77	2510000	3.76
532799	Akruti City Ltd.	Mahipatray V. Shah - HUF	26/03/2009	S	600000	0.89	9000000	13.49
511196	Can Fin Homes Ltd.,	Canara Bank	17/04/2009	B	5888	0.02	8371571	40.86
526839	CCAP Ltd.	Chandra Mukherji	20/04/2009	B	425	0.01	217248	6.08
532696	Educomp Solutions Ltd	Mohit Maheshwari	20/04/2009	B	480		480
505790	Fag Bearings India Ltd.	Acacia II Partners, L.P. & PACs	06/04/2009	B	447177	2.70	1051283	6.33
511618	JIK Industries Ltd	Mr. R. G. Parikh	04/04/2009	B	513050		5738753	22.72
511131	Kamanwala Housing Construction Ltd	Sorabh Gupta	30/03/2009	S	1110		160470	1.14
511131	Kamanwala Housing Construction Ltd	Sudha Gupta	06/04/2009	S	30000		209311	1.48
511131	Kamanwala Housing Construction Ltd	Sudha Gupta	08/04/2009	S	25000		184311	1.31
500247	Kotak Mahindra Bank Ltd.	Dipak Gupta	06/04/2009	S	5000		285500
532783	LT Foods Limited	Ashwani Arora	21/04/2009	B	10250		2181830	9.80
500257	Lupin Ltd	Vinod Dhawan	21/04/2009	S	1000		7150	0.01
500257	Lupin Ltd	Nitin B Vadia	20/04/2009 - 21/04/2009	S	1000		7050	0.01
500257	Lupin Ltd	Udayan S Ambegaokar	21/04/2009	S	100		5450
532865	Meghmani Organics Ltd.	Karana Ramesh Patel	--	B	232874		1232874	48.50
532865	Meghmani Organics Ltd.	Karana Ramesh Patel	--	B	100000		1332874	0.52
532865	Meghmani Organics Ltd.	Karana Ramesh Patel	--	B	36191		1369065	0.53
532865	Meghmani Organics Ltd.	Karana Ramesh Patel	--	B	70000		1439065	0.56
501343	Motor & General Finance (M.G.F.) Lt	MGF Services Ltd.	--	B	792	0.00	521022	2.69
531349	Panacea Biotec Ltd.	First Lucre Partnership Co.	08/04/2009	B	13118	0.02	1941200	2.90
531349	Panacea Biotec Ltd.	First Lucre Partnership Co.	16/04/2009	B	7674	0.01	1948874	2.92
532810	Power Finance Corporation Ltd	Anita Ghulyani	12/11/2008 - 20/04/2009	S	5231		733
532725	Solar Industries Limited	HDFC Core & Satellite Fund	--	B	75000	0.43	--
532725	Solar Industries Limited	HDFC Core & Satellite Fund	--	S	85850	0.49	--
532725	Solar Industries Limited	HDFC Growth Fund	27/01/2007 - 17/04/2009	B	284747	1.64	913257	5.27
532725	Solar Industries Limited	HDFC Growth Fund	17/10/2008	B	200000	1.15	913257	5.27
532725	Solar Industries Limited	HDFC Growth Fund	14/01/2008	S	20000	0.11	913257	5.27
532725	Solar Industries Limited	HDFC Multiple Yield Fund	14/01/2008	B	20000	0.11	20000	0.11
532725	Solar Industries Limited	HDFC Infrastructure Fund	--	B	200000	1.15	--
532725	Solar Industries Limited	HDFC Infrastructure Fund	--	S	200000	1.15	--
532725	Solar Industries Limited	HDFC MF Monthly Inc Plan-Short Term Plan	01/08/2007	B	27537	0.15	--
532725	Solar Industries Limited	HDFC MF Monthly Inc Plan-Short Term Plan	13/08/2007	S	27537	0.15	--
532725	Solar Industries Limited	HDFC Mid-Cap Opportunities Fund	27/06/2007 - 02/08/2007	B	130415	0.75	583180	3.36
532725	Solar Industries Limited	HDFC Mid-Cap Opportunities Fund	31/07/2007 - 13/08/2007	B	113387	0.65	583180	3.36
532725	Solar Industries Limited	HDFC Mid-Cap Opportunities Fund	29/09/2008 - 18/02/2009	S	144379	0.83	583180	3.36
532725	Solar Industries Limited	HDFC Mid-Cap Opportunities Fund	01/08/2008	S	200000	1.15	583180	3.36
517224	Sujana Universal Industries Ltd.	Sujana Finance & Trading Private Ltd	13/04/2009	S	3388293	2.74	17728642	14.32
532904	Supreme Infrastructure India Limited	Bhawani Shankar Sharma	20/04/2009 - 21/04/2009	B	27000		2802600	20.18
500408	Tata Elxsi Ltd	HDFC Long Term Advantage Fund	05/12/2007 - 07/12/2007	S	116500	0.37	383500	1.23
500408	Tata Elxsi Ltd	HDFC Long Term Equity Fund	16/06/2006 - 26/07/2006	B	299500	0.96	--
500408	Tata Elxsi Ltd	HDFC Long Term Equity Fund	13/02/2007 - 30/11/2007	S	1005000	3.22	--
500408	Tata Elxsi Ltd	HDFC Long Term Equity Fund	23/03/2007 - 11/07/2007	S	975000	3.13	--
500408	Tata Elxsi Ltd	HDFC Balanced Fund	16/10/2007	S	175000	0.56	--
500408	Tata Elxsi Ltd	HDFC Long Term Advantage Fund	15/05/2007	B	500000	1.60	--
500408	Tata Elxsi Ltd	HDFC Balanced Fund	23/03/2007	B	175000	0.56	--
500408	Tata Elxsi Ltd	HDFC Mid-Cap Opportunities Fund	11/07/2007 - 16/10/2007	B	475000	1.52	--
500408	Tata Elxsi Ltd	HDFC Mid-Cap Opportunities Fund	25/06/2007 - 24/07/2007	B	300039	0.96	--
500408	Tata Elxsi Ltd	HDFC Mid-Cap Opportunities Fund	23/07/2007	S	39		--
500408	Tata Elxsi Ltd	HDFC Mid-Cap Opportunities Fund	03/12/2007 - 15/04/2009	S	775000	2.48	--
532349	Transport Corporation of India Ltd	Vineet Agarwal & Dependents	20/04/2009	B	136900		3526916	4.86
532349	Transport Corporation of India Ltd	Chander Agarwal & Dependents	21/04/2009	B	35000		3346048	4.61
524129	Vinyl Chemicals (India) Ltd.,	Bijal V Thakkar J/w N K Parekh	07/04/2009	S	28500		0
524129	Vinyl Chemicals (India) Ltd.,	Smt. Bharati N Parekh J/w N K Parekh	07/04/2009	B	28500		42750	0.23

507852	Addi Industries Ltd.,	URMILA JAIN	21/04/2009	Acq	290000	2.69	3312319	30.68	#
507852	Addi Industries Ltd.,	URMILA JAIN	21/04/2009	Acq	290000	2.69	3312319	30.68	*
532799	Akruti City Ltd.	LATA M SHAH	24/03/2009	Sale	300000	0.45	2100000	3.15	*
532799	Akruti City Ltd.	MAHIPATRAY V SHAH HUF	24/03/2009	Sale	600000	0.90	9000000	13.49	*
532799	Akruti City Ltd.	FALGUNI V SHAH	24/03/2009	Sale	3850000	5.77	2510000	3.76	*
532799	Akruti City Ltd.	HI-TECH HOUSING PROJECT P. LTD (PLEDGEE)	30/01/2009 - 21/04/2009	Sale	3333000	5.00	0	0.00	*
532799	Akruti City Ltd.	MAHIPATRAY V SHAH HUF	24/03/2009	Sale	600000	0.90	9000000	13.49	#
532799	Akruti City Ltd.	FALGUNI V SHAH	24/03/2009	Sale	3850000	5.77	2510000	3.76	#
532799	Akruti City Ltd.	LATA M SHAH	24/03/2009	Sale	300000	0.45	2100000	3.15	#
531400	Almondz Global Securities Limited	ALMONDZ CAPITAL & MANAGEMENT SERVICES LTD &PAC	08/04/2009	Sale	2400	0.01	11985605	47.33	*
531381	Arihant Foundations & Housing Ltd.	STERLING PROJECTS & ENG. LTD & PAC	21/04/2009	Acq	1994	0.03	700723	9.94	*
511196	Can Fin Homes Ltd.,	CANARA BANK	17/04/2009	Acq	5888	0.03	8371571	40.87	#
526839	CCAP Ltd.	CHANDRA MUKHERJI & PACS	20/04/2009	Acq	425	0.01	1286204	36.02	#
532608	Deccan Chronicle Holdings Ltd.	SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND	16/04/2009	Acq	300000	0.12	--		#
532608	Deccan Chronicle Holdings Ltd.	SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND	16/04/2009	Sale	18877	0.01	12310977	5.03	#
505790	Fag Bearings India Ltd.	ACACIA II PARTNERS , LP & PACS	06/04/2009	Acq	447177	2.70	1051283	6.33	#
524164	IOL Chemicals & Pharmaceuticals Ltd	MAYADEVI POLYCOT LTD & PAC	21/04/2009	Acq	1200000		10937953	51.55	*
524164	IOL Chemicals & Pharmaceuticals Ltd	INDIA STAR (MAURITIUS) LTD.	21/04/2009	Acq	726664		3156664	14.88	*
500520	Mahindra & Mahindra Ltd.	HSBC GLOBAL INV FUNDS (M) LTD & PAC	06/04/2009	Sale	200000	0.00	8312016	2.98	*
501343	Motor & General Finance (M.G.F.) Lt	MGF SERVICES LTD.	--	Acq	792	0.00	521022	2.69	#
531349	Panacea Biotec Ltd.	FIRST LUCRE PARTNERSHIP CO & PAC's	08/04/2009	Acq	13118	0.02	45592545	68.21	#
531349	Panacea Biotec Ltd.	FIRST LUCRE PARTNERSHIP CO & PAC's	16/04/2009	Acq	7674	0.01	45600219	68.22	#
531349	Panacea Biotec Ltd.	FIRST LUCRE PARTNERSHIP CO & PAC's	21/04/2009	Acq	11441	0.02	45640513	68.28	*
526049	Shri Lakshmi Cotsyn Limited	JAYANT TEXTILES (P) LTD	31/03/2009	Acq	400000	2.42	840000	5.39	#
508976	Spanco Ltd.	INTELL INVOFIN INDIA (P) LTD	31/03/2009	Sale	1085000	5.25	409	0.00	*
532904	Supreme Infrastructure India Limited	BHAWANI SHANKAR SHARMA	20/04/2009 - 21/04/2009	Acq	27000	0.19	2802600	20.19	#
506685	Ultramarine & Pigments Ltd.,	RANGASWAMY PARTHASARATHY	17/04/2009	Acq	4838	0.02	1133547	3.89	#
506685	Ultramarine & Pigments Ltd.,	BHOOMA PARTHASARATHY	17/04/2009	Acq	7199	0.02	651183	2.23	#
530665	Zenith Health Care Ltd.	AKSHIT M RAYCHA	06/04/2009	Acq	11000	0.02	745055	1.39	#

RESEARCH REPORTS