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

Top India Stocks With Big Insider Buying, Buybacks

India Insider Stock Trading July 6, 2007

The strong demand for India stocks has pushed the Sensex to over 15,000.

There is nothing we like to see more than an executive investing in his or her own stock or a large smart investor who likely knows more than we do and has thrown tons of resources breaking down the inherent value of the stock. This scenario can lead to a very nice setup.

That's why at The India Street we keep track of India’s Insider Stock Trading in order for you to make more informed decisions.

Rain Commodities Limited (RACL) makes this week's portfolio. The giant cement manufacturer’s board has decided to merge Rain Calcining with the company effective Apr. 01, 2007. The objective of the merger will be to integrate the Calcined Petroleum Coke business of RCL with the CPC business of GLC Carbon USA, a wholly owned subsidiary of the company.

BSE:500339

NSE:PRIYADCEM

Bloomberg:RCOL@IN

Reuters:PRYC.BO

The top Funds holding Rain are

Portfolio	Scheme	Date	No. of Shares	Value	%*
view	HDFC Tax Saver 96	31-MAY-07	30000	3.22	0.03
view	Tata Growth Fund	31-MAY-07	187255	1.91	0.24
view	Tata Infrastructure Fund	31-MAY-07	5713824	58.28	0.42

In an attempt to drive shareholder value, the company is buying back some of the shares.

Asahi Songwon Colors Ltd. (BSE:ASSC) came to our attention when the DSP Merrill Lynch Mutual Fund bought 380,000 insider shares totaling 3.1% of the outstanding. Their recent IPO was oversubscribed but the stock has trended down since the IPO. If Ashai, a leading Gujarat based company involved in producing Copper Phthalo Cyanine Blue Crude, has Merrill Lynch buying shares, you can bet they know something we don’t. Watch this one carefully.

Top Holders of ACCS

Portfolio	Scheme	Date	No. of Shares	Value	%*
view	J M Emerging Leaders Fund	31-MAY-07	NA	9.02	0.90
view	HDFC Multiple Yield Fund	31-MAY-07	100236	9.02	0.61
view	HDFC Monthly Income Plan - Short Term Plan	31-MAY-07	150385	13.54	0.66
view	Sundaram BNP Paribas Select Small Cap	31-MAY-07	150385	13.54	0.43
view	DSP Merrill Lynch Small and Mid Cap Fund	31-MAY-07	NA	51.99	0.35
view	J M Equity Fund	31-MAY-07	NA	9.02	1.19
view	DSP Merrill Lynch Tax Saver Fund	31-MAY-07	NA	4.66	0.32
view	J M Balanced Fund	31-MAY-07	NA	4.52	2.98

Lastly, we see that Rekha Jhunjhunwala (wife of Famous Rakesh) purchased 73000 shares of Agro Tech Foods Limited

(BSE: 500215 | NSE: ATFL | ISIN: INE209A01019) to increase her overall stake to 584,000 shares. She has been steadily accruing shares over the past year. Does she know something we do not? From the chart, we can see the stock has been steadily rising and in fact has gone up 77.76% in the last year.

Agro Tech Foods Limited operates in the edible oils and branded foods sector in India. It operates in two segments, Branded Foods, and Bulk and Processed Commodities.

Insider Stock Trading for India - Week of June 15, 2007

What is one of the best ways to find stock tips in India?

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 as tool, and try and profit from it.

Another thing, insiders tend to buy for only one reason... think about it. The insider (executive) believes their stock is going up.