Friday, July 20, 2007

India Insider Trading the week of July 20, 2007

The weekly list of India insider trading can be found here



Commentary:


Punjab Tractors

There was a lot of buying and selling activity in Punjab Tractors this week. Mahindra & Mahindra had picked up a 64.6% stake recently — reports are that a complete shake up at the top management level is in store for the company. Highly placed sources at the Mohali-based company said the PTL board will meet in New Delhi this Saturday to discuss the changes. The PTL board is expected to select a new Managing Director and Chairman of the Board.



Super Syncotex (India) Limited.

The Company's principal activities are to manufacture and market yarn and fabrics. Some insiders are selling a considerable amount of shares in this stock so be careful.



Latest Syncotex Bulk Trades


Date Company Client Tran Qty Traded Price
13-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 50000 2.38
12-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 75000 2.27
11-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 75000 2.17
11-Jul-07 Super Syncotex (BSE) Upsurge Investment And Finance Ltd SELL 85000 2.17
10-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 50000 2.07
6-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 75000 1.8
5-Jul-07 Super Syncotex (BSE) Upsurge Investment And Finance Ltd BUY 78100 1.64
5-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 75000 1.64
4-Jul-07 Super Syncotex (BSE) Idbi Ltd SELL 65000 1.56



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