India Stock Market Insider Trading Week of June 17 - June 22, 2007

This is a new weekly column we plan to implement deals with the insider trading in India. Far recognized as a barometer for how a company will perform in the future because those with the most knowledge (insiders!) typically trade based on private information. Of course this is not always true, but it makes sense doesn't it? Use the list as a tool, and try and profit from it. In this week’s insider trading review, you’ll see JK Tyre & industries liquidated 34% of their JK Sugar Limited holdings. The acquirer of the exact amount of shares is is Netfier Finco Ltd. One needs to research more to determine if there is any significance to the transaction. JK Tyre also sold 8.54% of their JK Paper stock. A big buyer in Sujana Metal Products is Y.S. Chowdary & PACs whom purchased 25% of the shares transacted. Interestingly, two other companies purchased the Sujana shares on the same day. Both Prime Infoinvest and Golkonda Finance Trading bought 8% of the shares each. This data was last updated on Friday, June 22, 2007 Company Name Name of Acquirer / Seller Transaction Date Buy / Sale No.of Shares Transacted Holding after Transaction Qty % Qty % Bilpower Ltd. Choudhary Global Ltd. 19/06/2007 B 614 65878 0.73 Birla Power Solutions Ltd. Birla International Pvt. Ltd. 13/06/2007 S 609661 2.56 795000 3.34 Dolat Investments Ltd., Ramedevi Investments Pvt. Ltd. 21/06/2007 S 2300 2008940 2.28 Gujarat NRE Coke Ltd. HSBC Global Invt Funds (M) Ltd & PAC 20/06/2007 B 250000 0.09 13150000 Hexaware Technologies Ltd. Mr. P. K. Sridharan 13/06/2007 - 15/06/2007 S 12597 662779 0.50 JK Paper Ltd. JK Tyre & Industries Ltd. -- S 6675248 8.54 -- JK Sugar Limited JK Tyre & Industries Ltd. -- S 3621790 34.96 -- JK Sugar Limited Netfier Finco Ltd. -- B 3621790 34.96 3621790 34.96 Man Industries (India) Ltd ICICI Securities Primary Dealership Ltd 18/06/2007 S 688986 2.59 1137937 4.27 Praj Industries Ltd. Mr. Pramod Chaudhari 19/06/2007 - 20/06/2007 S 72550 16433450 19.56 Punj LLoyd Ltd Vimal Kishore Kaushik 13/06/2007 S 5000 110 Sujana Metal Products Ltd. Prime Infoinvest Limited 14/06/2007 B 4076311 7.84 4076311 7.84 Sujana Metal Products Ltd. Golkonda Finance & Trading Pvt. Ltd. 14/06/2007 B 4141011 7.96 4141011 7.96 Sujana Metal Products Ltd. Y. S. Chowdary & PACs 14/06/2007 B 12029378 25.28 23479593 45.18 Venky's (India) ltd. Venkateshwara Hatcheries Private Ltd. 21/06/2007 B 6199 0.06 4272510 45.49
B - Buy
S - Sale