>INSIDER TRADING 09-09-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
519183	Adf Foods Ltd	Mrs Priyanka B Thakkar	10/08/2009	B	33500		113216	0.64
519183	Adf Foods Ltd	Parul B Thakkar	05/08/2009	B	1300		254800	1.44
519183	Adf Foods Ltd	Parul B Thakkar	07/08/2009	B	1000		255800	1.45
519183	Adf Foods Ltd	Parul B Thakkar	10/08/2009	B	14174		271474
519183	Adf Foods Ltd	Parul B Thakkar	10/08/2009	B	1500		257300	1.46
519183	Adf Foods Ltd	Parul B Thakkar	26/06/2009	B	4131		253500	1.43
530715	Alps Industries Ltd	Beaumaris Investments Ltd	03/08/2009	S	8690	0.03	0	0.00
532828	AMD Industries Ltd	Harswarup Gupta	28/08/2009	B	7225		2478545	12.93
500039	Banco Products (India) Ltd	Samir K Patel	12/08/2009	B	8000		3791994	5.34
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	B	62	0.00	581455	5.53
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	B	702	0.00	582157	5.54
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	B	1458	0.01	585682	5.57
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	B	3192	0.03	594007
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	B	5133	0.04	590815
530871	Chembond Chemicals Ltd	Dr. Vinod D Shah	28/07/2009	B	100		450292
530871	Chembond Chemicals Ltd	Nirmal V Shah (HUF)	14/08/2009	S	25		375
500645	Deepak Fertilisers & Petrochemicals Corporation Ltd	Franklin Templeton Mutual Fund	27/08/2009	S	150000	0.17	2610899	2.96
511072	Dewan Housing Finance Corporation Ltd	S Y Sankhe	11/08/2009	B	5000	0.01	5000	0.01
532927	eClerx Services Ltd	Burwood Ventures Ltd	12/08/2009	S	1250000		2063250	10.85
532927	eClerx Services Ltd	Nambe Investment Holdings	12/08/2009	B	1293857		1293857	6.80
532726	Gallantt Metal Ltd	Hipoline Commerce Pvt Ltd	--	B	9030000	11.10	11550000	14.20
530945	Gangotri Iron & Steel Company Ltd	GBK Resources Pvt Ltd	28/08/2009	S	85000	1.10	326971	4.25
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	B	5600	0.12	2448865	51.83
532672	Glodyne Technoserve Ltd	Amit Prakash Jaste	27/08/2009	B	6134		12268	0.05
532672	Glodyne Technoserve Ltd	Annand Sarnaaik	27/08/2009	B	4417863		8835726	39.44
532672	Glodyne Technoserve Ltd	Dhiren B Kothary	27/08/2009	B	2400		4800	0.02
532672	Glodyne Technoserve Ltd	Divyayani A Sarnaaik	27/08/2009	B	2642363		5284726	23.59
532672	Glodyne Technoserve Ltd	Mrs Nita D Kothary	27/08/2009	B	1000		2000
532672	Glodyne Technoserve Ltd	Y Krishnamurthy	27/08/2009	B	1550		3100	0.01
500010	Housing Development Finance Corporation Ltd	Girish V Koliyote	03/10/2008 - 24/08/2009	S	250		84	0.00
532960	Indiabulls Securities Ltd	Ashok Sharma	31/08/2009	B	40000		176000	0.07
522183	ITL Industries Ltd	Manish Jain	13/08/2009 - 14/08/2009	B	1211
522183	ITL Industries Ltd	Shekhar Jain	14/08/2009	B	542
532741	Kamdhenu Ispat Ltd	Kamdhenu Concast Ltd	05/08/2009	B	23500	0.12	120510	0.63
532741	Kamdhenu Ispat Ltd	Kamdhenu Concast Ltd	10/08/2009	B	5000	0.02	125510	0.66
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	14/08/2009	B	4696	0.04	987000	8.27
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	19/08/2009	B	100	0.00	999401	8.37
512559	Kohinoor Foods Ltd	Temptation Foods Ltd	02/07/2009 - 20/08/2009	S	564888	2.00	2213716	7.86
500247	Kotak Mahindra Bank Ltd	Paul Parambi	24/08/2009	S	3200		6775
500247	Kotak Mahindra Bank Ltd	Shivaji Dam	21/08/2009	S	1000		218845	0.06
523323	Kovai Medical Center & Hospital Ltd	Dr Thavamani Devi Palaniswami	07/08/2009	B	33963	0.31	1543278	14.10
526045	Luminaire Technologies Ltd	J K Sethi	--	S
500271	Max India Ltd	Medicare Investments Ltd	21/08/2009	B	55000	0.02	11534898	4.96
500271	Max India Ltd	Medicare Investments Ltd (Revised)	20/08/2009	B	60000	0.03	11479898	4.94
531453	Mohit Industries Ltd	Madhu N Saboo	03/08/2009	B	4000		316100	2.71
531453	Mohit Industries Ltd	Madhu N Saboo	04/08/2009	B	9750		325850	2.79
531453	Mohit Industries Ltd	Madhu N Saboo	05/08/2009	B	100		325950	2.79
524816	Natco Pharma Ltd	A K S Bhujanga Rao	--	S
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	11/08/2009	B	200		205850	4.39
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	12/08/2009	B	250		206100	4.40
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	13/08/2009	B	150		206250	4.40
530377	Nila Infrastructures Ltd	Kiran B Vododaria	27/08/2009	B	4900000	0.00	14658100	11.90
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	11/08/2009	S	50000	0.19
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	12/08/2009	S	50000	0.19
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	11/08/2009	B	50000	0.19
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	12/08/2009	B	50000	0.19
531120	Patel Engineering Ltd	Patel Corporation Pvt Ltd	13/08/2009 - 14/08/2009	B	2727	0.00	14264727	23.91
531120	Patel Engineering Ltd	Praham India Pvt Ltd	13/08/2009 - 14/08/2009	B	3000	0.01	13832000	23.18
504288	Polar Industries Ltd	Asset Reconstruction Company (India) Ltd	10/07/2009	B	3074300	14.50	3074300	14.50
500540	Premier Ltd	Doshi Holdings Pvt. Ltd	31/08/2009	B	5000	0.02	12424613	40.91
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	14/08/2009	B	870		9734495	48.67
531273	Radhe Developers India Ltd	Ashish P Patel	06/08/2009	B	68111		20914731	8.31
531273	Radhe Developers India Ltd	Ashish P Patel	07/08/2009	B	250000		21164731	8.40
531273	Radhe Developers India Ltd	Jahnavi A Patel	06/08/2009	B	300000		53396230	21.20
531273	Radhe Developers India Ltd	Jahnavi A Patel	07/08/2009	B	300000		53696230	21.32
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	B	687	0.01	3058595	41.50
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja	28/08/2009	B	950000		1155126	6.06
532886	SEL Manufacturing Company Ltd	Reema Saluja	28/08/2009	B	941000		1131682	5.94
530549	Shilpa Medicare Ltd	Rani Inani / Kamal Kishore Inani	22/08/2009	S	43750	0.20	31250	0.14
530549	Shilpa Medicare Ltd	Suraj Kumar Inani	22/08/2009	B	43750	0.20	311203
532793	Shree Ashtavinayak Cine Vision Ltd	Dehlia Traders Pvt. Ltd	27/08/2009	S	100000	0.09	33566270	32.03
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	11/08/2009	S	74000	0.32	5247517	22.82
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	12/08/2009	S	30000	0.13	5217517	22.69
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	13/08/2009	S	50000	0.22	5167517	22.47
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	04/08/2009	B	3377		245676	11.69
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	31/07/2009	B	10175		241819	11.51
532419	Smartlink Network Systems Ltd	Nitin Kunkolien Ker	29/08/2009	B	956853		1027448	3.42
512413	Spectacle Industries Ltd	Sangita Bansal	14/08/2009	S	20260		0	0.00
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	B	766		750589	5.74
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	28/08/2009	B	2000	0.01	12062	0.10
530239	Suven Life Sciences Ltd	kalyani Jasti	01/07/2009 - 20/08/2009	B	137574	0.12	9951787	8.59
530239	Suven Life Sciences Ltd	Madhavi Jasti	06/07/2009 - 20/08/2009	B	163974	0.14	9917340	8.56
530239	Suven Life Sciences Ltd	NVS Ramakrishna	25/08/2009 - 26/08/2009	S	65000		190000	0.16
501301	Tata Investment Corporation Ltd	Tata Sons Ltd	12/08/2009	B	6155511	14.89	25298149
500427	Uniflex Cables Ltd	F B Virani	04/08/2009	B	274	0.00	274	0.00
512070	United Phosphorus Ltd	HDFC Arbitrage Fund	09/07/2008 - 31/07/2008	S	2800	0.00	0	0.00
512070	United Phosphorus Ltd	HDFC Arbitrage Fund	21/02/2008 - 22/02/2008	B	2800	0.00
512070	United Phosphorus Ltd	HDFC Capital Builder Fund	13/08/2008 - 22/08/2008	B	300000	0.07
512070	United Phosphorus Ltd	HDFC Capital Builder Fund	29/10/2008	B	300000	0.07	600000	0.14
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	12/11/2007	B	19000	0.00
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	23/05/2008	S	4000	0.00
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	29/10/2008	B	15000	0.00	30000	0.00
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	24/09/2007 - 22/05/2009	S	634000	0.14
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	25/06/2007 - 06/02/2008	S	273392	0.06
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	29/10/2008	B	705000	0.16
512070	United Phosphorus Ltd	HDFC Equity Fund	09/02/2007 - 02/08/2007	B	1441576	0.32
512070	United Phosphorus Ltd	HDFC Equity Fund	09/05/2007 - 11/08/2009	S	9899847	2.25
512070	United Phosphorus Ltd	HDFC Equity Fund	15/06/2007 - 25/06/2007	B	207203	0.04	44641	0.01
512070	United Phosphorus Ltd	HDFC Equity Fund	29/10/2008	B	4476092	1.02
513216	Uttam Galva Steels Ltd	Ankit Miglani	27/08/2009	B	922500	0.77	1835000	1.53
513216	Uttam Galva Steels Ltd	Anuj Miglani	27/08/2009	B	922500	0.77	2280000	1.90
513216	Uttam Galva Steels Ltd	Archana Miglani	27/08/2009	B	307500	0.26	307500	0.26
513216	Uttam Galva Steels Ltd	Neelam Miglani	27/08/2009	B	1127500	0.94	1791200	1.49
513216	Uttam Galva Steels Ltd	Priyanka Miglani	27/08/2009	B	307500	0.26	307500	0.26
513216	Uttam Galva Steels Ltd	R.K.Miglani	27/08/2009	B	1383750	1.15	2424745	2.02
513216	Uttam Galva Steels Ltd	Sheetal Miglani	27/08/2009	B	153750	0.13	203750	0.17
532953	V Guard Industries Ltd	Mithun K Chittilappilly	07/08/2009 - 11/08/2009	B	43776		4459986	14.94
533011	Vishal Information Technologies Ltd	Chirag Dilipkumar Parekh	10/08/2009	S	100000		500000	0.31
533011	Vishal Information Technologies Ltd	Chirag Dilipkumar Parekh	11/08/2009	S	50000		450000	0.27
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	S	425000	3.26	3189874	24.47

519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd	27/08/2009 - 29/08/2009	Acq	15000	0.18	781009	9.19	#
519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd & PACs	27/08/2009 - 29/08/2009	Acq	15000	0.18	4231644	49.78	#
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	Acq	764	0.00	582157	5.54	#
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	Acq	764	0.00	582157	5.54	*
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	Acq	1458	0.01	585682	5.57	#
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	Acq	1458	0.01	585682	5.57	*
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	Acq	8325	0.07	594007	5.65	*
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	Acq	8325	0.08	594007	5.65	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	18/08/2009	Acq	97832	0.02	46176629	11.09	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	19/08/2009	Acq	445000	0.11	46621629	11.20	#
500085	Chambal Fertilisers & Chemicals Ltd	Poddar Heritage Investments Ltd	19/08/2009	Acq	100000	0.02	115407	0.03	#
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	21/08/2009	Acq	100000	0.02	55543334	13.34	#
530871	Chembond Chemicals Ltd	Nirmal V Shah (HUF)	14/08/2009	Sale	25	0.00	375	0.01	#
530871	Chembond Chemicals Ltd	Dr. Vinod D shah	29/07/2009	Acq	100	0.00	450392	15.01	#
532848	Delta Corp Ltd	Pacific Corporate Services Ltd	12/08/2009	Sale	19422	0.01	8901280	6.57	*
532848	Delta Corp Ltd	Pacific Corporate Services Ltd	31/07/2009	Sale	498	0.00	8920702	6.58	*
532927	eClerx Services Ltd	Burwood Ventures Ltd	12/08/2009	Sale	1250000	6.57	2063250	10.86	#
532927	eClerx Services Ltd	Nambe Investment Holdings	12/08/2009	Acq	1293857	6.80	1293857	6.80	#
512493	Garnet International Ltd	Indira Gaggar	14/08/2009	Acq	5600	0.12	235567	4.99	#
512493	Garnet International Ltd	Indira Gaggar	14/08/2009	Acq	5600	0.12	235567	4.99	*
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	Acq	5600	0.12	2448865	51.83	#
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	Acq	5600	0.12	2448865	51.83	*
532894	Indowind Energy Ltd	Bekae Properties Pvt Ltd	23/07/2009 - 24/07/2009	Acq	60000	0.13	60000	0.13	#
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	14/08/2009	Acq	4696	0.04	987000	8.27	#
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	19/08/2009	Acq	100	0.00	999401	8.37	#
509732	Kothari Industrial Corporation Ltd	Pradip D Kothari	10/08/2009	Acq	585690	4.69	1366288	10.94	*
523323	Kovai Medical Center & Hospital Ltd	Dr. Thavamani Devi Palaniswami	07/08/2009	Acq	33963	0.31	1543278	14.10	#
532819	MindTree Ltd	Kotak Mahindra (UK) Ltd	26/08/2009	Acq	55504	0.14	2010553	5.13	#
532819	MindTree Ltd	Kotak Mahindra (UK) Ltd	26/08/2009	Acq	55504	0.14	2010553	5.13	*
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	11/08/2009	Sale	50000	0.00	1215300		#
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	11/08/2009	Acq	50000		50200		#
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	12/08/2009	Sale	50000	0.00	1165300		#
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	12/08/2009	Acq	50000		100200		#
513228	Pennar Industries Ltd	Spinnaker Global Emerging Markets Funds Ltd (Revised)	27/08/2009	Sale	2586480	2.04	4289398	3.40	*
513228	Pennar Industries Ltd	Spinnaker Global Opportunity Fund Ltd (Revised)	27/08/2009	Sale	1724370	1.36	2859681	2.26	*
513228	Pennar Industries Ltd	Spinnaker Global Strategic Fund Ltd (Revised)	27/08/2009	Sale	789150	0.62	1308721	1.03	*
504288	Polar Industries Ltd	Asset Reconstruction Company (India) Ltd	10/07/2009	Acq	3074300	14.50	3074300	14.50	#
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	Acq	687	0.01	3058595	41.50	#
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	Acq	687	0.01	3058595	41.50	*
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja & Reema Saluja	28/08/2009	Acq	1891000	9.92	10407637	54.61	#
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja & Reema Saluja	28/08/2009	Acq	1891000	9.92	10407637	54.61	*
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	Acq	766	0.01	750589	5.74	#
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	Acq	766	0.01	750589	5.74	*
513262	Steel Strips Wheels Ltd	Dheeraj Garg & PACs	28/08/2009	Acq	766	0.01	6796946	52.02	#
513262	Steel Strips Wheels Ltd	Dheeraj Garg & PACs	28/08/2009	Acq	766	0.01	6796946	52.02	*
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	01/09/2009 - 02/09/2009	Acq	1755	0.01	13817	0.11	*
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	28/08/2009	Acq	2000	0.01	12062	0.10	*
530199	Themis Medicare Ltd	Dr Dinesh S Patel	12/08/2009	Acq	335	0.00	406795	5.05	*
530199	Themis Medicare Ltd	Mrs. Jayshree D Patel	12/08/2009	Acq	500	0.00	508132	6.31	*
524717	Titan Biotech Ltd	Titan Securities Ltd	18/08/2009	Acq	651	0.01	1588908	28.68	#
513216	Uttam Galva Steels Ltd	Anju Miglani	27/08/2009	Acq	922500	0.77	2280000	1.90	#
513216	Uttam Galva Steels Ltd	Ankit Miglani	27/08/2009	Acq	922500	0.77	1835000	1.53	#
513216	Uttam Galva Steels Ltd	Archna Miglani	27/08/2009	Acq	307500	0.26	307500	0.26	#
513216	Uttam Galva Steels Ltd	Nilam Miglani	27/08/2009	Acq	1127500	0.94	1791200	1.49	#
513216	Uttam Galva Steels Ltd	Priyanka Miglani	27/08/2009	Acq	307500	0.26	307500	0.26	#
513216	Uttam Galva Steels Ltd	R.K. Miglani	27/08/2009	Acq	1383750	1.15	2424745	2.02	#
513216	Uttam Galva Steels Ltd	Sheetal Miglani	27/08/2009	Acq	153750	0.13	203750	0.17	#
513005	VBC Ferro Alloys Ltd	Madhuri Damani	19/08/2009	Acq	10000	0.24	213089	5.08	*
531544	Vertex Spinning Ltd	Drishti Finvest Pvt Ltd	10/08/2009	Sale	10000	0.01	3708944	1.85	*
517498	Webel-Sl Energy Systems Ltd	Mavi Investment Fund Ltd	10/08/2009	Acq	300000	3.08	542000	5.57	*
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	Sale	425000	3.26	3189874	24.47	#
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	Sale	425000	3.26	3189874	24.47	*
530665	Zenith Healthcare Ltd	Akshit M Raycha	17/08/2009	Acq	9000	0.02	1006523	1.87	#
530665	Zenith Healthcare Ltd	Akshit M Raycha	18/08/2009	Acq	125	0.00	1006648	1.87	#

RESEARCH REPORTS