>INSIDER TRADING 02-03-2009

532828 AMD Industries Ltd Adit Gupta 26/02/2009 B 8042 2320819 12.10 532828 AMD Industries Ltd Adit Gupta 24/02/2009 B 12994 2312777 12.06 532828 AMD Industries Ltd Harswarup Gupta 26/02/2009 B 2268 2124181 11.08 532828 AMD Industries Ltd Harswarup Gupta 24/02/2009 B 16860 2121913 11.07 507828 Ansal Housing & Construction Ltd., Deepak Ansal 25/02/2009 B 14370 0.08 1932615 11.00 507828 Ansal Housing & Construction Ltd., Deepak Ansal 24/02/2009 B 24281 0.14 1918245 10.92 532797 AUTOLINE INDUSTRIES LTD. M Radhakrishnan 24/02/2009 - 26/02/2009 B 2885 -- 514272 Bhilwara Spinners Ltd Surbhi Holding Pvt. Ltd. 25/02/2009 B 500000 7.40 500000 7.40 514272 Bhilwara Spinners Ltd Kanchi Resorts Pvt. Ltd. 25/02/2009 B 200000 2.96 200000 2.96 514272 Bhilwara Spinners Ltd Anila Surana 25/02/2009 B 100000 1.48 100000 1.48 514272 Bhilwara Spinners Ltd Amit Surana 25/02/2009 B 100000 1.48 100000 1.48 514272 Bhilwara Spinners Ltd Sumit Surana 25/02/2009 B 100000 1.48 100000 1.48 500059 Binani Industries Limited Triton Trading Co. Pvt Ltd. -- B 21200 0.07 58250 0.19 532616 Cambridge Solutions Limited Dilip Keshu 10/02/2009 S 84047 0.07 -- 532339 Compucom Software Lt. Compucom Technologies Pvt. Ltd. -- B 5000 0.01 5294676 10.54 505533 Dhanprayog Investments Co.Ltd. Decent Enterprises 14/11/2008 B 20000 10.00 20000 10.00 505533 Dhanprayog Investments Co.Ltd. Decent Enterprises 24/12/2008 B 650000 4.06 2250000 14.06 532839 Dish TV India Limited Jawahar Lal Goel 26/02/2009 B 200000 209000 0.02 500246 Envair Electrodyne Ltd. Mr. Shripad Mirashi 16/02/2009 B 175 0.01 1562467 51.40 532768 FIEM INDUSTRIES LIMITED Seema Jain 24/02/2009 B 12048 1561513 13.05 532754 GMR Infrastructure Limited GMR Holdings Pvt. Ltd. 18/02/2009 - 24/02/2009 B 700000 0.03 1351904029 74.25 524226 Gujarat Ambuja Exports Ltd. Manish Kumar Gupta. 24/02/2009 B 795 33899498 24.50 518029 Gujarat Sidhee Cement Limited., Sumraj Holdings Pvt Ltd -- S 3000000 2.07 9523092 6.59 532334 HB Estate Developers Ltd. Shri H C Bhasin 27/02/2009 B 19036 0.16 5701694 47.35 532334 HB Estate Developers Ltd. Shri H. C. Bhasin 24/02/2009 - 25/02/2009 B 86543 0.72 5651069 46.93 532333 HB Portfolio Ltd. Shri. H. C. Bhasin 25/02/2009 B 42850 0.36 5638919 47.02 532479 ISMT Limited Mr. A K Jain 25/02/2009 B 20000 2035927 1.39 532976 Jai Balaji Industries Limited M/s Jai Salasar Balaji Industries Pvt. L 24/02/2009 B 10980 0.02 2341798 4.97 532926 Jyothy Laboratories Limited M. P. Ramachandran 24/02/2009 - 25/02/2009 B 37926 34420003 47.43 532942 KNR Constructions Limited K. Narasimha Reddy 18/02/2009 - 24/02/2009 B 20299 9659513 34.35 512559 Kohinoor Foods Ltd Gurnam Arora. 13/02/2009 B 240000 0.89 3371507 12.50 512559 Kohinoor Foods Ltd Jugal Kishore Arora. 13/02/2009 B 240000 0.89 2967281 11.00 512559 Kohinoor Foods Ltd Satnam Arora. 13/02/2009 B 240000 0.89 2279768 8.45 500247 Kotak Mahindra Bank Ltd. Mr. Mohan Narayan Shenoi 19/02/2009 B 3800 52800 500247 Kotak Mahindra Bank Ltd. Mr. Paul Parambi 19/02/2009 B 3550 6995 532783 LT Foods Limited Vijay Kumar Arora 24/02/2009 B 5500 2111954 9.48 532783 LT Foods Limited Ashwani Arora 24/02/2009 B 3500 2091120 9.39 513269 Man Industries (India) Ltd Man Aluminium Ltd. 25/02/2009 B 5958 64353 0.12 513269 Man Industries (India) Ltd Man Aluminium Ltde 26/02/2009 B 25004 89357 0.16 531642 Marico Limited Harsh Mariwala 27/02/2009 B 18290 34902890 5.73 532912 Net 4 India Ltd. Suzane Pai -- B 10653 263712 1.57 532466 Oracle Financial Services Software Limited Saurabh Tayal 25/02/2009 S 500 1250 500314 Oriental Hotels Ltd., Mr. D Varada Reddy 16/02/2009 - 20/02/2009 B 4330 0.02 383770 2.15 523023 Sinclairs Hotels Ltd Niren Chand Suchanti 19/02/2009 B 1754 164514 3.53 513530 Stelco Strips Ltd. Stelco International Ltd 26/02/2009 B 667100 7.43 1054300 11.74 532874 Suryachakra Power Corporation Ltd. Mrs. M. Managatayaru 18/02/2009 - 19/02/2009 B 12000 1355041 1.77 532874 Suryachakra Power Corporation Ltd. Mrs. M Managatayaru 30/01/2009 - 02/02/2009 B 3500 1309845 1.71 505397 Techno Electric & Engg. Co. Ltd., Checons Ltd. 25/02/2009 S 25000 0.04 1064403 500148 Uflex Limited Anshika Consultants Pvt Ltd 24/02/2009 - 25/02/2009 B 4000 27818362 532917 VARUN INDUSTRIES LIMITED Shri Kiran N Mehta 27/02/2009 B 30000 8086920 36.56 532917 VARUN INDUSTRIES LIMITED Shri Kailash S Agarwal 27/02/2009 B 30000 5441880 24.60 532917 VARUN INDUSTRIES LIMITED Shri Kiran N Mehta 26/02/2009 B 25000 8056920 36.43 532917 VARUN INDUSTRIES LIMITED Shri Kailash S Agarwal 26/02/2009 B 25000 5411880 24.47 523261 Venky's (India) ltd. Venkateshwara Hatcheries Pvt Ltd. 24/02/2009 - 25/02/2009 B 41951 0.45 4551124 48.46 509055 Visaka Industries Ltd., G Saroja Vivekanand 11/02/2009 - 12/02/2009 B 100000 211139 1.33 509055 Visaka Industries Ltd., Dr.G Vivekanand 10/02/2009 B 50000 5718116 36.01 509055 Visaka Industries Ltd., Dr. G Vivekanand 17/02/2009 B 50000 5768116 36.32 511333 VLS Finance Limited VLS Capital Ltd. 16/02/2009 S 500 0.00 11981800 30.10 526471 Winsome Breweries Ltd. Pentstemon Florist Pvt Ltd 26/02/2009 B 4144800 14.98 4144800 14.98 526471 Winsome Breweries Ltd. Indfish Ltd 25/02/2009 B 5734500 5.00 12594800 45.52 531335 Zydus Wellness Limited Zydus Hospitals & Medical Research P Ltd 20/02/2009 B 24000000 61.42 24000000 61.42

B - Buy

S - Sale

RESEARCH REPORTS

INSIDER TRADING 27-02-2009

523377 Apar Industries Ltd Dr. N D Desai 19/02/2009 B 8 6609806 20.44 523377 Apar Industries Ltd Shri Kushal N Desai 17/02/2009 - 19/02/2009 B 6983 6564729 20.30 523377 Apar Industries Ltd Shri C N Desai 18/02/2009 - 19/02/2009 B 167 6476099 20.02 526556 Avery India Ltd. Life Insurance Corporation Of India 07/04/2005 - 09/02/2009 S 547581 5.56 77476 0.78 508136 B & A Ltd. Hemendra Prasad Barooah 24/02/2009 B 400 862437 27.82 512018 CNI Research Ltd K P Ostwal - HUF 20/02/2009 B 50000 0.16 330250 1.08 512018 CNI Research Ltd Sangita Ostwal 20/02/2009 B 50000 0.16 4372250 14.28 532684 Everest Kanto Cylinders Ltd. Mrs. Suman Khurana 17/02/2009 B 10000 0.01 13955507 13.80 532684 Everest Kanto Cylinders Ltd. Mrs. Suman Khurana 20/02/2009 B 30000 0.03 13985507 13.83 532684 Everest Kanto Cylinders Ltd. Mrs. Suman Khurana 24/02/2009 B 10000 0.01 13995507 13.84 501848 Garware Offshore Services Limited Mr. Ashok B. Garware 05/02/2009 - 18/02/2009 B 13507 168605 0.71 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Imtiaz Khoda. 14/02/2009 B 1537433 11.32 1562844 11.50 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Faizal Patel. 14/02/2009 B 1001655 7.37 1001655 7.37 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Inayat Abdullah Munshi. 14/02/2009 B 1001655 7.37 1001655 7.37 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Mohd Hanif Patel. 14/02/2009 B 914779 6.73 914779 6.73 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Rakesh Soni. 14/02/2009 B 682250 5.02 682250 5.02 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Ilyas Ahmed. 14/02/2009 B 682250 5.02 682250 5.02 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Siraj Valli Umerji Buma. 14/02/2009 B 682250 5.02 682250 5.02 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Anwar Hushen Isaphbhai Patel. 14/02/2009 B 682250 5.02 682250 5.02 531863 Gee Kay Finance & Leasing Co. Ltd. Mr. Khalil Patel. 14/02/2009 B 682250 5.02 682250 5.02 532734 GODAWARI POWER AND ISPAT LTD. Ram Real Mart Pvt Ltd. 16/02/2009 - 18/02/2009 B 46790 0.16 168211 0.59 532734 GODAWARI POWER AND ISPAT LTD. Ram Real Mart Pvt Ltd. 20/02/2009 B 20000 0.07 188211 0.67 532951 GSS AMERICA INFOTECH LIMITED K. Vasudeva Rao 11/02/2009 B 40000 0.30 174750 1.31 532333 HB Portfolio Ltd. Shri. H. C. Bhasin 24/02/2009 B 59804 0.50 5596069 46.66 532479 ISMT Limited Mr. A. K. Jain 24/02/2009 B 20000 2015927 1.37 532644 J.K. CEMENT LTD Mr. K. B. Agarwal 24/02/2009 B 3975 4985 532976 Jai Balaji Industries Limited M/S Jai Salasar Balaji Industries Pvt Lt 19/02/2009 B 389 2314818 4.92 500219 Jain Irrigation Systems Ltd., FID FDS-(Mauritius) Ltd. & Pac's 18/02/2009 B 59528 0.08 3632994 5.02 504823 Mahindra Ugine Steel Co. Ltd., HSBC Global Inv. Funds BRIC Freestyle 20/02/2009 S 1000000 3.07 1316587 4.05 513269 Man Industries (India) Ltd Man Aluminium Ltd. 20/02/2009 - 24/02/2009 B 55357 58395 0.11 532950 Manjushree Extrusions Ltd Ramesh Kumar Agarwal 17/02/2009 S 7050 0.05 -- 532950 Manjushree Extrusions Ltd Sashi Agarwal. 17/02/2009 S 6550 0.05 -- 532950 Manjushree Extrusions Ltd Saroj Agarwal. 17/02/2009 S 8500 0.06 -- 532950 Manjushree Extrusions Ltd Ramesh Agarwal. 17/02/2009 S 8600 0.06 -- 532950 Manjushree Extrusions Ltd Bhagawati Prasad Jajodia. 17/02/2009 S 1000 0.01 -- 532950 Manjushree Extrusions Ltd Mahabir Prasad Agarwal. 17/02/2009 S 2000 0.01 -- 532950 Manjushree Extrusions Ltd Indra Mani Agarwalla. 17/02/2009 S 1800 0.01 -- 532950 Manjushree Extrusions Ltd Rajesh Singhania. 17/02/2009 S 500 -- 532950 Manjushree Extrusions Ltd Ram Narayan Kedia. 17/02/2009 S 20500 0.15 -- 532950 Manjushree Extrusions Ltd Ram Narayan Kedia & Sons HUF. 17/02/2009 S 4500 0.03 -- 532950 Manjushree Extrusions Ltd Saroj Singhania. 17/02/2009 S 1000 0.01 -- 532921 Mundra Port and Special Economic Zone Limited Gautambhai Shantilal Adani 20/02/2009 S 20000 620811 0.15 530377 Nila Infrastructures Ltd Nila M. Vadodaria 20/02/2009 B 52000 3753848 3.04 530377 Nila Infrastructures Ltd Mr. Manoj B. Vadodaria 20/02/2009 B 54500 0.04 677487 0.54 533015 Nu Tek India Limited Sumati Sharma 17/02/2009 B 3700 257545 522205 Praj Industries Ltd. Mr. Parth Chaudhari 24/02/2009 B 12913 1543363 0.84 500404 Sunflag Iron & Steel Co. Ltd., Supra Corporation Ltd. 24/02/2009 B 647596 0.39 4145236 2.55 530845 Sunshield Chemicals Ltd. Shri. Amit C. Choksey 19/02/2009 - 20/02/2009 B 4919 508199 6.91 531830 Today's Writing Products Ltd. Mr. Rajesh Kumar Drolia 19/02/2009 - 20/02/2009 B 12778 2702878 21.09 532917 VARUN INDUSTRIES LIMITED Shri. Kailash S. Agarwal 24/02/2009 B 25000 5386880 24.35 532917 VARUN INDUSTRIES LIMITED Shri. Kiran N. Mehta 24/02/2009 B 25000 8031920 36.32 532917 VARUN INDUSTRIES LIMITED Ami Patel 18/02/2009 S 671995 3.03 1362622 507685 Wipro Ltd., Girish S. Paranjpe 19/02/2009 S 37000 12000 507817 Wires & Fabriks (SA) Ltd., W & F Securities Pvt Ltd. 20/02/2009 B 14500 0.47 1637756 53.58

B - Buy

S - Sale

RESEARCH REPORTS