>INSIDER TRADING 22-04-10(Edelweiss Finance & Investments Ltd Bought ORBIT CORPORATION LTD.)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
532683	AIA Engineering Ltd	Balkrishna F Shah	01/04/2010	S	2500		136720	0.14	#
532683	AIA Engineering Ltd	Balkrishna F Shah	01/04/2010	S	4500		132220	0.14	#
532683	AIA Engineering Ltd	Balkrishna F Shah	30/03/2010	S	6626		141830	0.15	#
532683	AIA Engineering Ltd	Balkrishna F Shah	31/03/2010	S	2610		139220	0.14	#
500031	Bajaj Electricals Ltd	Bajaj Holdings & Investment Ltd	18/03/2010	B	3964000	0.00	16497840	16.91	#
500031	Bajaj Electricals Ltd	Rahul Bajaj	18/03/2010	S	3000000	0.00	147580	0.15	#
500031	Bajaj Electricals Ltd	Rahul Bajaj	24/02/2010	S	3535000	3.62	3147580	3.23	#
500031	Bajaj Electricals Ltd	Rahul Bajaj HUF	18/03/2010	S	942000	0.00	600	0.00	#
500031	Bajaj Electricals Ltd	Shekhar Bajaj	18/03/2010	B	2000000	0.00	5578285	5.72	#
500031	Bajaj Electricals Ltd	Shekhar Bajaj	29/03/2010	B	17250		5595535	5.74	#
511210	Basil Infrastructure Projects Ltd	Maha Hotel Projects Pvt Ltd	26/03/2010	B	135000	4.73	270000	9.46	#
500480	Cummins India Ltd	Franklin India Flexi Cap Fund	01/04/2010	S	20000	0.01	1435615	0.73	#
532760	Deep Industries Ltd	Kanvel Finance Pvt Ltd	31/03/2010	B	625000		3466080	16.31	#
532760	Deep Industries Ltd	Prabhavati Properties Pvt Ltd	31/03/2010	B	625000		767500	3.61	#
530023	Fortune Financial Services India Ltd	Mrs Jalpa Nimish Shah	05/04/2010	B	149		513051		#
530023	Fortune Financial Services India Ltd	Mrs Jalpa Nimish Shah	05/04/2010	B	149		513051		*
532959	Gammon Infrastructure Projects Ltd	Parvez Umrigar jtly Mrs Farida Umrigar	05/04/2010	S	50000		149975	0.02	#
532959	Gammon Infrastructure Projects Ltd	Parvez Umrigar jtly Mrs Farida Umrigar	05/04/2010	S	50000		149975	0.02	*
532959	Gammon Infrastructure Projects Ltd	Parvez Umrigar jtly Mrs Farida Umrigar	06/04/2010	S	149975	0.02	0	0.00	#
532959	Gammon Infrastructure Projects Ltd	Parvez Umrigar jtly Mrs Farida Umrigar	06/04/2010	S	149975	0.02	0	0.00	*
532636	India Infoline Ltd	Vivek Prakash Khanna	06/04/2010	S	21757		38243		#
500265	Maharashtra Seamless Ltd	Jyanto Majumdar	--						#
513269	Man Industries (India) Ltd	Jagdish Mansukhani	31/03/2010	B	250000		10048265	18.76	#
513023	Nava Bharat Ventures Ltd	N Venkateswara Rao	31/03/2010	S	1325		5475	0.00	#
513023	Nava Bharat Ventures Ltd	N Venkateswara Rao	31/03/2010	S	1325		5475	0.00	*
531726	Panchsheel Organics Ltd	Rajesh A Turakhia	29/03/2010	B	37000		545150	10.87	#
590077	Ranklin Solutions Ltd	M J V V D Prakash	06/04/2010	B	11410		677144	13.43	#
508963	Sterling Guaranty & Finance Ltd	Dhiren D Mehta	30/03/2010	B	170000				#
508963	Sterling Guaranty & Finance Ltd	Sterling Investments (India) Ltd	30/03/2010	S	170000	2.60	1047972	16.03	#
507205	Tilaknagar Industries Ltd	Amit Dahanukar	29/03/2010	S	203380		5389653	16.68	*
507205	Tilaknagar Industries Ltd	Amit Dahanukar	30/03/2010	S	400000		4989653	15.44	*
512229	Veritas (India) Ltd	Kamalasini Tradelink Pvt Ltd	31/03/2010	B	100930	4.17	147130	6.08	#
512229	Veritas (India) Ltd	Nitin Kumar	27/03/2010	B	925000		1596310	65.94	#
512229	Veritas (India) Ltd	Onix Assets Ltd	27/03/2010	B	300000	12.39	300000	12.39	#
526441	Vision Technology India Ltd	B Ranga Vasanth	03/04/2010	B	2000		2207851	6.24	#
532053	Wallfort Financial Services Ltd	Priya Jain	29/03/2010	S	91000		109000	1.13	*
532053	Wallfort Financial Services Ltd	Priya Jain	29/03/2010	S	91000		109000	1.13	#
532053	Wallfort Financial Services Ltd	Raj Golechha	29/03/2010	S	14100	0.15			#
532053	Wallfort Financial Services Ltd	Raj Golechha	29/03/2010	S	14100	0.15	0	0.00	*
532053	Wallfort Financial Services Ltd	Seema Golechha	29/03/2010	S	39000		100000	1.03	*
532053	Wallfort Financial Services Ltd	Seema Golechha	29/03/2010	S	39000		100000	1.03	#
531396	Women Networks Ltd	Nigania Consultants (P) Ltd	27/03/2010	S	380700	12.63	0	0.00	#

531761	AMULYA LEASING & FINANCE LTD.	Tarini Enterprises Pvt Ltd	29/03/2010	Acq	692500	13.85	692600	13.85	*
512273	ARONI COMMERCIALS LTD.	Ashwin Pannalal Kothari	05/04/2010	Acq	290913	7.05	290913	7.05	#
512273	ARONI COMMERCIALS LTD.	Ashwin Pannalal Kothari	05/04/2010	Acq	290913	7.05	290913	7.05	*
511210	BASIL INFRASTRUCTURE PROJECTS LTD.	Maha Hotel Projects Pvt Ltd	26/03/2010	Acq	135000	4.73	270000	9.46	#
523890	D.S.KULKARNI DEVELOPERS LTD.	Ashok Kumar Parmar	24/02/2009 - 31/03/2010	Acq	2580100	10.00	2580100	10.00	#
532760	DEEP INDUSTRIES LTD.	Kanvel Finance Pvt Ltd	31/03/2010	Acq	625000	2.94	3466080	16.31	#
530023	FORTUNE FINANCIAL SERVICES (INDIA) LTD.	Mrs Jalpa Nimish Shah	05/04/2010	Acq	149	0.00	513051	4.24	#
530023	FORTUNE FINANCIAL SERVICES (INDIA) LTD.	Mrs Jalpa Nimish Shah	06/04/2010	Acq	149		513051		*
532318	GEMINI COMMUNICATION LTD.	R Vijaykumar	--	Acq	200000	0.20	24706760	24.67	*
531892	KHANDWALA SECURITIES LTD.	Tulsi P Khandwala	05/04/2010 - 06/04/2010	Acq	2500	0.02	164571	1.38	#
531892	KHANDWALA SECURITIES LTD.	Tulsi P Khandwala	05/04/2010 - 06/04/2010	Acq	2500	0.02	164571	1.38	*
500310	NOVOPAN INDUSTRIES LTD.	Zinger Investments Pvt Ltd	29/03/2010	Acq	350000		5085199		*
500310	NOVOPAN INDUSTRIES LTD.	Zinger Investments Pvt Ltd	29/03/2010	Acq	3735199		4735199		*
500311	NUCHEM LTD.	APV Shares & Securities Pvt Ltd	31/03/2010	Acq	1150000	3.88	1971896	6.65	*
532837	ORBIT CORPORATION LTD.	Edelweiss Finance & Investments Ltd	22/03/2010	Acq	4600000	8.68	4600000	8.68	#
531726	PANCHSHEEL ORGANICS LTD.	Rajesh Abhaychand Turakhia	29/03/2010	Acq	37000	0.74	545150	10.87	#
531467	POLYPRO FIBRILS (INDIA) LTD.	Status Equity & Finance Pvt Ltd	22/03/2010 - 30/03/2010	Sale	446000	8.60	1915000	37.10	#
590077	RANKLIN SOLUTIONS LTD.	M J V V D Prakash	07/04/2010	Acq	11410	0.22	677144	13.43	#
508963	STERLING GUARANTY & FINANCE LTD.	Dhiren D Mehta	30/03/2010	Acq	170000	2.60	789381	12.08	#
508963	STERLING GUARANTY & FINANCE LTD.	Dhiren D Mehta	30/03/2010	Acq	170000	2.60	789381	12.08	*
512229	VERITAS (INDIA) LTD.	Niti Didwania, Nitin Kumar, Groupe Veritas Ltd (PAC)	27/03/2010	Acq	950000	39.24	1621310	66.97	#
512229	VERITAS (INDIA) LTD.	Onix Assets Ltd	27/03/2010	Acq	300000	12.39	300000	12.39	#
512229	VERITAS (INDIA) LTD.	Kamalasini Tradelink Pvt Ltd	31/03/2010	Acq	100930	4.17	147130	6.08	#
512229	VERITAS (INDIA) LTD.	Kamalasini Tradelink Pvt Ltd	31/03/2010	Acq	100930	4.17	147130	6.08	*
531717	VIDHI DYESTUFFS MANUFACTURING LTD.	Bipin M Manek & Mrs Pravina B Manek (PAC)	27/04/2010	Acq	5000000	10.01	14110333	28.25	@
531396	WOMEN NETWORKS LTD.	Nigania Consultants (P) Ltd, Mewar Farms (P) Ltd & Ashok Singhal	27/03/2010	Sale	386800	12.83	0	0.00	#

RESEARCH REPORTS

>INSIDER TRADING 21-04-10(Spencer & Co Ltd bought HARRISONS MALAYALAM LTD.)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
500674	Aventis Pharma Ltd	Hoechst GmbH	30/03/2010	B	2366380	10.27	13904722	60.37	#
500674	Aventis Pharma Ltd	Reliance Tax Saver (ELSS) Fund (Scheme of Reliance Mutual Fund)	22/03/2010	B	79785	0.34	1719027	7.46	#
532845	Bhagwati Banquets and Hotels Ltd	Narendra G Somani	31/03/2010	B	600000		7726289	26.38	#
506197	Bliss GVS Pharma Ltd	Shibroor N Kamath	09/04/2010	S	3300000	3.20	51113024	49.55	#
532678	Bombay Rayon Fashions Ltd	Reynold Shirting Ltd	01/04/2010	B	5800000		9400000		#
530457	Cinerad Communications Ltd	India Emerging Capital Pvt Ltd	08/04/2010	B	21987	0.42	2300810		#
523576	Flawless Diamond (India) Ltd	Kamal U Jain	23/03/2010	B	175223		3051223	1.83	#
523576	Flawless Diamond (India) Ltd	Kamal U Jain	23/03/2010	B	175223		3051223	1.83	*
523576	Flawless Diamond (India) Ltd	Kamal U Jain	25/03/2010	B	150000		3201223	1.92	#
523576	Flawless Diamond (India) Ltd	Kamal U Jain	25/03/2010	B	150000		3201223	1.92	*
523576	Flawless Diamond (India) Ltd	Kamal U Jain	26/03/2010	B	240679		3441902	2.06	#
523576	Flawless Diamond (India) Ltd	Kamal U Jain	26/03/2010	B	240679		3441902	2.06	*
523576	Flawless Diamond (India) Ltd	Kamal U Jain	29/03/2010	B	1000000		4441902	2.66	#
523576	Flawless Diamond (India) Ltd	Kamal U Jain	29/03/2010	B	1000000		4441902	2.66	*
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	23/03/2010	S	5000		6003471	1.12	*
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	23/03/2010	S	5000	0.00	6003471	1.12	#
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	25/03/2010	S	94700		5908771	1.10	#
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	25/03/2010	S	94700		5908771	1.10	*
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	29/03/2010	S	496597	0.09	5412174	1.01	#
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	29/03/2010	S	496597	0.09	5412174	1.01	*
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	29/03/2010	S	94298	0.01	5317876	1.00	#
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	29/03/2010	S	94298	0.01	5317876	1.00	*
500180	HDFC Bank Ltd	A Rajan	29/03/2010	S	1000		46807		*
522064	Honda Siel Power Products Ltd	Takashi Nagai	--						#
532835	ICRA Ltd	Vijay Wadhwa	30/03/2010	B	1000		1020		*
532835	ICRA Ltd	Vijay Wadhwa	30/03/2010	S	820		200		*
532835	ICRA Ltd	Vijay Wadhwa	31/03/2010	B	1000		1200		*
500875	ITC Ltd	K Vaidyanath	31/03/2010	B	189990		628240	0.01	*
531861	Joindre Capital Services Ltd	Neharaj Stock Brokers Pvt Ltd	29/03/2010	B	9603	0.07	1113958	8.05	#
531861	Joindre Capital Services Ltd	Ringmen Investment & Finance Co Pvt Ltd	29/03/2010	B	42500	0.31	50000	0.36	#
532745	JRG Securities Ltd	Regi Jacob	18/03/2010	S	10000		1589189	6.82	#
532745	JRG Securities Ltd	Regi Jacob	23/03/2010	S	1912		1587277	6.81	#
505190	Kinetic Motor Company Ltd	Kinetic Engineering Ltd	08/04/2010	S	502665	2.12	8620766	36.30	#
502250	Marathwada Refractories Ltd	Ashok Ruia	05/04/2010	S	14650	2.09	32125	4.60	#
531176	Mefcom Capital Markets Ltd	Vijay Mehta	29/03/2010	B	16352	0.20	5100000	62.65	#
504903	Rathi Steel & Power Ltd	Pradeep Rathi & PACs	31/03/2010	B	400000		1895999	6.54	*
530821	SSPDL Ltd	B Lokanath	--						#
507205	Tilaknagar Industries Ltd	Amit Dahanukar	01/04/2010	S	400000		4399653	13.62	*
507205	Tilaknagar Industries Ltd	Amit Dahanukar	01/04/2010	S	400000		4399653	13.62	#

500674	AVENTIS PHARMA LTD.	Hoechst GmbH	30/03/2010	Acq	2366380	10.27	13904722	60.37	#
512253	BIO GREEN INDUSTRIES LTD.	Amrut P Shah	09/04/2010	Acq	395000	4.94	1367450	17.09	*
506197	BLISS GVS PHARMA LTD.	Shibroor N Kamath	09/04/2010	Sale	3300000	3.20	51113024	49.55	#
532678	BOMBAY RAYON FASHIONS LTD.	Reynold Shirting Ltd & PACs	--	Acq	5800000	3.54			*
532678	BOMBAY RAYON FASHIONS LTD.	Reynold Shirting Ltd & PACs	31/03/2010	Acq	5800000	3.54			#
530457	CINERAD COMMUNICATIONS LTD.	India Emerging Capital Pvt Ltd	08/04/2010	Acq	21987	0.42	2300810	44.25	#
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	23/03/2010	Sale	5000	0.00	6003471	1.12	#
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	23/03/2010	Sale	5000	0.00	6003471	1.12	*
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	25/03/2010	Sale	94700	0.01	5908771	1.10	#
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	25/03/2010	Sale	94700	0.01	5908771	1.10	*
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	29/03/2010	Sale	496597	0.09	5412174	1.01	#
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	29/03/2010	Sale	496597	0.09	5412174	1.01	*
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	30/03/2010	Sale	94298	0.01	5317876	1.00	#
531863	GEE KAY FINANCE & LEASING COMPANY LTD.	C R Rajesh Nair	30/03/2010	Sale	94298	0.01	5317876	1.00	*
518029	GUJARAT SIDHEE CEMENT LTD.	Sumaraj Holdings Pvt Ltd	31/03/2010	Sale	4560000	3.15	3963092	2.74	#
500467	HARRISONS MALAYALAM LTD.	Spencer & Co Ltd	31/03/2010	Acq	620000	3.36	935000	5.06	*
500467	HARRISONS MALAYALAM LTD.	Spencer International Hotels Ltd	31/03/2010	Sale	620000	3.36	0	0.00	*
505190	KINETIC MOTOR CO.LTD.	Kinetic Engineering Ltd	08/04/2010	Sale	502665	2.12	8620766	36.30	#
505190	KINETIC MOTOR CO.LTD.	Kinetic Engineering Ltd	08/04/2010	Sale	502665	2.12	8620766	36.30	*
502250	MARATHWADA REFRACTORIES LTD.	Rohini Enterprises	31/03/2010	Acq	33000	4.71	39500	5.64	*
504903	RATHI STEEL & POWER LTD.	DBG Leasing & Housing Ltd	31/03/2010	Acq	1544000	5.33	1544000	5.33	*
504903	RATHI STEEL & POWER LTD.	Pradeep Rathi & PACs	31/03/2010	Acq	3285000	11.33			*
530943	SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD.	Assent Trading Pvt Ltd	27/03/2010	Acq	1375000	8.46	1375000	8.46	*
530943	SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD.	Inayata Constructions Pvt Ltd	27/03/2010	Acq	1375000	8.46	1375000	8.46	*
533164	TEXMO PIPES & PRODUCTS LTD.	Sparrow India Diversified Opprotunities Fund I	25/03/2010	Acq	123081	1.09	956162		#
511507	USHAKIRAN FINANCE LTD.	Krishnaraj Sec Pvt Ltd (PAC)	29/03/2010	Acq	55500	1.65	558350	16.64	#
511507	USHAKIRAN FINANCE LTD.	T Adinarayana	29/03/2010	Acq	17725	0.53	309385	9.22	#
512229	VERITAS (INDIA) LTD.	Niti Didwania, Nitin Kumar, Groupe Veritas Ltd (PAC)	27/03/2010	Acq	950000	39.24	1621310	66.97	*

RESEARCH REPORTS