>INSIDER TRADING 27-07-09

514274	Aarvee Denims & Exports Ltd	Ashish V Shah	08/07/2009	B	50000	0.21	535000	2.28
514274	Aarvee Denims & Exports Ltd	Kalpesh V Shah	08/07/2009	B	40000	0.17	317000	1.35
514274	Aarvee Denims & Exports Ltd	Parmanand Arora	15/05/2009	B	50000	0.21	1175542	5.01
514274	Aarvee Denims & Exports Ltd	Vinod P Arora	09/04/2009	B	30000	0.12	631050	2.68
532057	Abhinav Capital Services Ltd	Bharat H Biyani HUF	--	S	24964	0.36
532057	Abhinav Capital Services Ltd	Bharat H Biyani HUF	--	S	54536	0.78	1053400	15.22
532057	Abhinav Capital Services Ltd	Kailash H Biyani HUF	--	S	25000	0.36
532057	Abhinav Capital Services Ltd	Vinod H Biyani HUF	--	S	5500	0.07	1341800	19.39
532141	Andhra Cements Ltd	G P Goenka	03/07/2009	B	30000	0.02	30000	0.02
532141	Andhra Cements Ltd	G P Goenka	09/07/2009	B	34500		64500	0.05
532141	Andhra Cements Ltd	G P Goenka	14/07/2009	B	26034		90534	0.07
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	--	B	11000	0.05	6837409	34.52
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	--	B	48685	0.25	6826409	34.47
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	--	B	50000	0.25	6777724	34.22
500085	Chambal Fertilisers & Chemicals Ltd	H S Bawa	23/07/2009	B	20000		135500	0.03
511672	Clarus Finance & Securities Ltd	Manakchand Jain	13/03/2009	B	125500	4.18	371770	12.39
511672	Clarus Finance & Securities Ltd	Manakchand Jain	13/11/2008	B	3370		246270	8.20
500135	Essel Propack Ltd		--	B	872440
500135	Essel Propack Ltd		--	S	4028885		8058145
500135	Essel Propack Ltd	UTI Mutual Fund	--	B	8971672
532770	Hanung Toys & Textiles Ltd	JM Financial Mutual Fund through its various schemes	--	S	50000	0.20	772420	3.07
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	--	S	500000	0.32
532636	India Infoline Ltd	Franklin Templeton Mutual Fund	15/07/2009	B	1386618		14298766	5.05
532636	India Infoline Ltd	Orient Global Tamarind Fund Pte Ltd	--	S	1470000		23485155	8.29
532286	Jindal Steel & Power Ltd	Arun Kumar Mukherji	21/07/2009	B	2970		2970
532286	Jindal Steel & Power Ltd	Vikrant Gujral	21/07/2009	B	6600		10700
532741	Kamdhenu Ispat Ltd	Kamdheu Concast Ltd	--	B	15000	0.08	45000	0.24
531731	Kuvam International Fashions Ltd	Sanjeev Kumar Gupta	--	S	39900
531417	Mega Corporation Ltd	Vimi Investments & Finance Pvt Ltd	--	B	2139952	2.14	5681952	5.68
532607	Ontrack Systems Ltd	Ramdevan V Krishnaswamy	17/06/2009	B	14701
532607	Ontrack Systems Ltd	Ramdevan V Krishnaswamy	17/06/2009	B	16610	0.21	16610	0.21
532607	Ontrack Systems Ltd	Ramdevan V Krishnaswamy	17/06/2009	S	3333		11368	0.14
532934	Precision Pipes & Profiles Company Ltd	Nutra Foods India Pvt Ltd	--	B	500		15750	0.11
500540	Premier Ltd	Doshi Holdings Pvt Ltd	--	B	17036	0.06	12251822	40.34
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	06/07/2009	B	7900		9581550	47.90
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	07/07/2009	B	8420		9589970	47.94
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	08/07/2009	B	14745		9604715	48.02
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	09/07/2009	B	14690		9619405	48.09
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	10/07/2009	B	7240		9626645	48.13
531273	Radhe Developers India Ltd	Ashish P Patel	--	S	30		2006863	19.71
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt Ltd	--	S	4500	0.04	3389127	32.34
526981	Shri Bajrang Alloys Ltd	Anand Goel	16/07/2009 - 17/07/2009	B	10000		165985	1.84
531626	Silver Smith India Ltd	B K Narula HUF	01/07/2009 - 08/07/2009	B	58249		221078	5.35
531626	Silver Smith India Ltd	Sidhi Narula	01/07/2009 - 08/07/2009	B	3801		151188	3.66
532667	Suzlon Energy Ltd	Anita I Mangal	16/07/2009 - 17/07/2009	S	40000		640000	0.04
532667	Suzlon Energy Ltd	Avani R Parmar	08/07/2009	B	25000		150000	0.01
532667	Suzlon Energy Ltd	Avani R Parmar	15/07/2009 - 17/07/2009	S	75000		75000	0.01
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	17/07/2009	S	77500		19944520	1.33
532667	Suzlon Energy Ltd	Chaitali R Parmar	08/07/2009	B	50000		150000	0.01
532667	Suzlon Energy Ltd	Chaitali R Parmar	15/07/2009 - 17/07/2009	S	75000		75000	0.01
532667	Suzlon Energy Ltd	Jhanvi B Parmar	08/07/2009	B	50000		76000	0.01
532667	Suzlon Energy Ltd	Jhanvi B Parmar	15/07/2009 - 17/07/2009	S	75000		1000	0.00
532667	Suzlon Energy Ltd	Ranjitsinh A Parmar	17/07/2009	S	100000		14771033	0.99
532667	Suzlon Energy Ltd	Tejjas A Parmar	08/07/2009	B	15000		15000	0.00
532667	Suzlon Energy Ltd	Tejjas A Parmar	17/07/2009	S	10000		5000	0.00
532667	Suzlon Energy Ltd	Vishwajitsinh B Parmar	08/07/2009	B	25000		76000	0.01
532667	Suzlon Energy Ltd	Vishwajitsinh B Parmar	15/07/2009 - 17/07/2009	S	75000		1000	0.00
532757	Voltamp Transformers Ltd	Bhupendra M Sheth	17/07/2009 - 20/07/2009	S	2000		3300	0.03
532757	Voltamp Transformers Ltd	Kanubhai S Patel	03/07/2009	S	49785		10215	0.10
532757	Voltamp Transformers Ltd	Lalitkumar H Patel	03/07/2009	S	260000		296640	2.93
532757	Voltamp Transformers Ltd	T A Frances	17/07/2009 - 21/07/2009	S	3510		1590	0.01

530721	ANG Auto Ltd	Rajasthan Global Securities Ltd	07/07/2009	Acq	431511	3.44	900168	7.18	*
531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	16/07/2009	Acq	1803	0.03	852871	12.10	*
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	15/07/2009	Acq	50000	0.25	6777724	34.22	#
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	16/07/2009 - 17/07/2009	Acq	59685	0.30	6837409	34.52	#
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	16/07/2009 - 17/07/2009	Acq	59685	0.30	6837409	34.52	*
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	08/07/2009	Acq	337000	0.08	54813334	13.17	#
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	09/07/2009	Acq	130000	0.03	54943334	13.20	#
511672	Clarus Finance & Securities Ltd	Manakchand Jain	13/11/2008 - 13/03/2009	Acq	128870	4.30			*
511672	Clarus Finance & Securities Ltd	Manakchand Jain	13/11/2008 - 13/03/2009	Acq	128870	4.30	371770	12.39	#
532848	Delta Corp Ltd	Pacific Corporate Services Ltd	02/07/2009	Sale	39500	0.03	8922490	6.58	*
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	17/07/2009	Sale	500000	0.32	9250000	5.88	#
530005	India Cements Ltd	Mellon Capital Management Corporation & PACs	23/07/2009	Acq	1179199	0.42	15005191	5.31	*
532659	Infrastructure Development Finance Company Ltd	CIFM Asia Pacific Advantage Fund & PACs	09/07/2009	Acq	12221172	0.94	68056141	5.25	#
514034	JBF Industries Ltd	Vaidic Resources Pvt Ltd	09/07/2009	Acq	75000	0.12	3708804	5.96	#
532934	Precision Pipes & Profiles Company Ltd	Nutra Foods India Pvt Ltd	15/07/2009 - 17/07/2009	Acq	500	0.00	15750	0.11	#
532934	Precision Pipes & Profiles Company Ltd	Nutra Foods India Pvt Ltd	15/07/2009 - 17/07/2009	Acq	500	0.00	15750	0.11	*
526753	Roselabs Ltd	Nirmaladevi Agrawal	07/07/2009	Sale	13711	0.12	1210	0.01	*
526753	Roselabs Ltd	Roselabs Ltd (Formerly Known as Singhal Overseas Ltd)	07/07/2009	Sale	42000	0.37	242460	2.13	*
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt Ltd & PACs	09/07/2009	Sale	4500	0.00	5140037	49.05	#
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt Ltd & PACs	09/07/2009	Sale	4500	0.04	5140037	49.05	*

RESEARCH REPORTS

>INSIDER TRADING 24-07-09

531525	ACE Software Exports Ltd	Vikram B Sanghani & Sanjay H Dhamsania Jtly Held	22/07/2009	B	25098		112888	2.41
511636	DJS Stock & Shares Ltd	Sohesh Shah Dev	21/07/2009	S	103800		477200	9.49
532219	Energy Development Company Ltd	Amar Singh	16/07/2009	B	34500		304831	1.11
532219	Energy Development Company Ltd	Amar Singh	17/07/2009	B	53622		358453	1.30
532219	Energy Development Company Ltd	Amar Singh	20/07/2009	B	70000		428453	1.56
532219	Energy Development Company Ltd	Amar Singh	21/07/2009	B	30000		458453	1.67
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	--	S	500000	0.32
532175	Infotech Enterprises Ltd	S Nataraja	17/07/2009 - 20/07/2009	S	5500		9400
532286	Jindal Steel & Power Ltd	Anand Goel	21/07/2009	B	5000		15100
532286	Jindal Steel & Power Ltd	Dinesh Kumar Saraogi	21/07/2009	B	2500		7500
532286	Jindal Steel & Power Ltd	Rakesh Jindal	21/07/2009	B	2500		6900
532286	Jindal Steel & Power Ltd	Saikat Basu Majumdar	21/07/2009	B	2475		2475
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	--	B	6346	0.05	915000	7.66
500271	Max India Ltd	Liquid Investment & Trading Company	--	B	66000	0.03	22190342	9.55
522249	Mayur Uniquoters Ltd	Manav Poddar	13/06/2009 - 21/07/2009	B	13412		906949	16.75
513023	Nava Bharat Ventures Ltd	N S Prakash Babu	17/07/2009	S	200		1690
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	03/07/2009	B	120		202980	4.33
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	06/07/2009	B	560		203540	4.34
532722	Nitco Ltd	Tusk Investments Fund 2	15/07/2009	B	1937747	6.03	1937747	6.03
590077	Ranklin Solutions Ltd	M J V V D Prakash	13/07/2009	B	23017
531233	Rasi Electrodes Ltd	B Popatlal Kothari	20/07/2009 - 21/07/2009	B	19250		517759	10.87
519260	Sanwaria Agro Oils Ltd	Rajul Agrawal	10/07/2009	B	5000		810000	0.47
532498	Shriram City Union Finance Ltd	Indopark Holdings Ltd	--	S	4000000	8.72	0	0.00
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	03/07/2009	B	50		169827	8.09
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	07/07/2009	B	820		170647	8.13
505160	Talbros Automotive Components Ltd	QH Talbros Ltd	--	B	286615	2.32	947899	7.68
530091	Zyden Gentec Ltd	Deepak Real Estate Developers (I) Pvt Ltd	15/07/2009	B	450000	9.43	471704	9.89

531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	17/07/2009	Acq	5199	0.07	858070	12.17	#
531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	17/07/2009	Acq	5199	0.07	858070	12.17	*
531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	17/07/2009	Acq	6069	0.09	864139	12.26	#
531381	Arihant Foundations & Housing Ltd	Sterling Projects & Engg Ltd & S Jayalakshmi	18/07/2009	Acq	6069	0.09	864139	12.26	*
511636	DJS Stock & Shares Ltd	K Annamalai	03/06/2009	Sale	33000	0.66	1400		#
511636	DJS Stock & Shares Ltd	Sohesh Shah	03/06/2009	Sale	3800	0.08	939800		#
511636	DJS Stock & Shares Ltd	Shohesh Shah & K Annamalai	03/06/2009 - 24/06/2009	Sale	140000	2.78	838000	16.66	*
511636	DJS Stock & Shares Ltd	Sohesh Shah	06/07/2009	Sale	65900	1.31	770700		#
511636	DJS Stock & Shares Ltd	Shohesh Shah	06/07/2009 - 08/07/2009	Sale	115900	2.30	720700	14.33	*
511636	DJS Stock & Shares Ltd	Sohesh Shah	08/07/2009	Sale	50000	0.99	720700		#
511636	DJS Stock & Shares Ltd	Sohesh Shah	24/06/2009	Sale	103200	2.05	836600		#
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	21/07/2009	Sale	500000	0.32	8750000	5.56	#
513428	Indo Zinc Ltd	ICL Financial Services Ltd	19/07/2009	Acq	1787700	39.84	2371300	52.84	#
513428	Indo Zinc Ltd	ICL Financial Services Ltd	19/07/2009	Acq	1787700	39.84	2371300	52.84	*
532605	JBM Auto Ltd	Zeal Impex & Traders Pvt Ltd	22/07/2009	Acq	1000000	9.80	1003542	9.83	*
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	21/07/2009	Acq	6346	0.05	915000	7.66	#
532722	Nitco Ltd	Tusk Investments Fund 2	15/07/2009	Acq	1937747	6.03	1937747	6.03	#
532722	Nitco Ltd	Tusk Investments Fund 2	16/07/2009	Acq	1937747	6.03	1937747	6.03	*
513121	Oricon Enterprises Ltd	Nupur Somani	20/07/2009	Acq	2200	0.02	254850	2.64	*
590077	Ranklin Solutions Ltd	M J V V D Prakash	13/07/2009	Acq	23017	0.46	542817	10.77	#
531901	Saarc Net Ltd	Govind Sharda	21/07/2009	Sale	477326	0.00	22917819		#
532498	Shriram City Union Finance Ltd	Norwest Venture Partners X FII - Maruritius	14/07/2009	Acq	3842479	8.38	3842479	8.38	#
530091	Zyden Gentec Ltd	Deepak Real Estate Developers (I) Pvt Ltd	15/07/2009	Acq	450000	9.43	471704	9.89	#

RESEARCH REPORTS