Académique Documents
Professionnel Documents
Culture Documents
7 January 2012
Who is an Insider?
Insider is a person who is/was connected to the Company or has or deemed to
have had access or expected to have access to unpublished price sensitive
information in respect of shares of company. As per SEBI (Prohibition of Insider
Trading) Regulations 1992, no insider shall either on his own behalf or on behalf
of any other person deal in securities (shares) of a Company listed on any stock
exchange when in possession of any unpublished price sensitive information or
communicate, counsel or procure directly or indirectly any unpublished price
sensitive information to any person who while in possession of such
unpublished price sensitive information shall not deal in securities.
Should one follow Insiders foot steps?
We hereby consolidated the Insider trades happened during the last fortnight.
Insider acquiring shares in the open market should be viewed from a longer term
perspective. Insider typically increases their stake for foreseeing value
enhancement over an extended period, to raise their control over management or
to avoid the potential take over threat. With the Insider committed to the
company over the long term, in most occasions typically the time horizon does
not match with that of the minority investors.
While a sale need not be always perceived as negative as at times insider pare
their stake to bring in a new investor or to deploy the money in its own business.
However, caution has to be exercised depending upon the utility of the proceeds
and as well if the quantum of stake sale is substantial.
Insider trade in many instance doesnt warrant into a near term price reaction. So
its not prudent to follow the Insiders each and every foot steps as this could
happen for various reasons. However it is vital to keep a track on Insiders
activity.
Please find below the Insider trades.
Date of Acquiring
No. of Shares
Acquired
A2Z Maintenance
19/12/2011
2,995,450.00
12,381,000.00
19/12/2011
100,000.00
29,161,766.00
19/12/2011 21/12/2011
25,664.00
7,776,223.00
Kusum Ansal
19/12/2077 27/12/2011
83,336.00
13,943,665.00
Sushil Ansal
Apollo Hospitals
22/12/2011
4,093,860.00
15,093,850.00
Apollo Tyres
29/12/2011
1,433,933.00
40,095,896.00
Apollo Tyres
20/12/2011
923,605.00
44,341,198.00
Arvind Ltd
29/12/2011
10,688.00
23/12/2011
Ansal Properties
Shares after
Acquisition
Acquirer's Name
14,190.00
450,000.00
11,587,350.00
K Nithyananda Reddy
30/12/2011
138,000.00
79,481,440.00
P V Ramprasad Reddy
Bajaj Finserv
19/12/2011 29/12/2011
39,275.00
56,549,211.00
Bajaj Holdings
23/12/2011
112,000.00
2,612,000.00
Bharti Airtel
19/12/2011
200,000.00
1,735,453,890.00
28/12/2011
73,854.00
Commercial Eng.
30/12/2011
240,137.00
3,213,443.00
D S Kulkarni Dev
19/12/2011- 29/12/2011
56,036.00
3,445,155.00
D S Kulkarni
Dabur India
22/12/2011
4,800.00
Dalmia Bhar.Ent.
19/12/2011
123,207.00
Dish TV
23/12/2011 30/12/2011
15,585,900.00
22/12/2011
6,500.00
815,247.00
22/12/2011
3,415.00
941,555.00
Satpal Singh
19/12/2011 30/12/2011
476,553.00
82,095,003.00
23/12/2011
900,000.00
700,900,000.00
21/12/2011
10,388.00
4,268,538.00
Eveready Inds.
21/12/2011
48,985.00
116,443.00
Everest Inds.
20/12/2011
1,000.00
44,538.00
Everest Kanto
19/12/2011 28/12/2011
120,000.00
Everonn Education
20/12/2011
2,618,120.00
Finolex Cables
19/12/2011- 26/12/2011
421,508.00
Future Ventures
22/12/2011 30/12/2011
1,840,567.00
GSFC
29/12/2011
15,000.00
Aurobindo Pharma
CEAT
Dolphin Offshore
EIH
Electrost Casting.
464,850.00
511,706.00
1,417,809.00
19,830,712.00
3,733,557.00
Ambati Sudhakar
Keshav Power Ltd
Prajatma Trading Company Pvt Ltd
46,643,120.00
111,111,973.00
7,590,071.00
No. of Shares
Acquired
Shares after
Acquisition
Acquirer's Name
27/12/2011
50,040.00
50,040.00
Arjun R Sheth
27/12/2011
105,317.00
105,317.00
Nirja B Sheth
27/12/2011
112,037.00
112,037.00
Nisha B Sheth
Geojit BNP
19/12/2011
52,315.00
40,824,510.00
Mr C J Gerorge
Gitanjali Gems
19/12/2011
150,000.00
42,615,980.00
Mehul C Choksi
Glenmark Pharma.
23/12/2011
2,000.00
739,543.00
Glenn Saldanha
GMR Infra.
19/12/2011 20/12/2011
30,000.00
872,160.00
Mr G Kiran Kumar
21/12/2011
970,000.00
125,231,815.00
21/12/2011
970,000.00
71,989,620.00
19/12/2011 30/12/2011
349,565.00
209,254,467.00
28/12/2011
9,209.00
34,236,594.00
Manish V Gupta
HDFC
22/12/2011
16,000.00
100,750.00
M Ramabhadran
HDFC Bank
29/12/2011
10,000.00
160,045.00
Mr Sanjay Dongre
Hexaware.
28/12/2011
24,000.00
317,394.00
R V Ramanan
Hindustan Media
19/12/2011
5,017.00
23/12/2011
52,000.00
24,448,327.00
HSIL
19/20/2011 20/12/2011
15,000.00
20,660,308.00
19/12/2011
7,500.00
310,425.00
Chanda Kochhar
19/12/2011
10,000.00
72,225.00
N S Kannan
23/12/2011
1,018.00
1,418.00
Anupama Arora
21/12/2011
1,400.00
1,900.00
Sushmita Ghatak
22/12/2011
2,700.00
2,700.00
Vibha Batra
22/12/2011
7,500.00
37,500.00
Mr Himanshu Kapania
22/12/2011
41,500.00
47,702.00
Mr Pankaj Kapdeo
22/12/2011
300,000.00
300,000.00
Mr Sanjeev Aga
21/12/2011
43,800.00
7,523,800.00
17/12/2011
780,633,530.00
780,633,530.00
23/12/2011
404,366,470.00
1,185,000,000.00
Company name
GE Shipping Co
Godrej Consumer
ICICI Bank
ICRA
Idea Cellular
India Glycols
India bulls Power
SHAMIT BHARTIA
Date of Acquiring
No. of Shares
Acquired
Shares after
Acquisition
Acquirer's Name
30/12/2011
586,637.00
1,459,988.00
Indra pr .Medical
30/12/2011
884,699.00
20,190,740.00
Infotech Enterp.
26/12/2011
12,000.00
14,586,720.00
B V R Mohan Reddy
Jaypee Infra.
22/12/2011
2,500.00
20,500.00
JBF Inds.
20/12/2011
198,000.00
4,897,350.00
JK Paper
19/12/2011-21/12/2011
165,047.00
411,140.00
JM Financial
23/12/2011
280,994.00
8,000,152.00
Vishal N Kampani
JP Associates
22/12/2011
2,500.00
93,000.00
JP Power Ven.
22/12/2011
5,000.00
31,000.00
30/12/2011
16,422.00
6,193,125.00
22/12/2011
1,000,203.00
25,733,079.00
Vardhan Ltd
19/12/2011 28/12/2011
22,470.00
42,417,689.00
Kemrock Industries
28/12/2011 29/12/2011
33,000.00
38,000.00
Binita K Patel
Kirl.Bros.Inv.
23/12/2011
91,000.00
8,000,152.00
Vishal N Kampani
19/12/2011
50,000.00
4,411,322.00
B N Raveendra Babu
21/12/2011
22,000.00
1,035,582.00
P Manomohanan
Mcleod Russel
30/12/2011
87,277.00
5,488,840.00
McNally Bharat
19/12/2011
15,000.00
16,035.00
23/12/2011
3,086,891.00
5,295,760.00
MVL
21/12/2011
9,725.00
33,185,287.00
19/12/2011- 28/12/2011
9,868.00
2,999,478.00
NIIT Tech.
20/12/2011
4,000.00
6,000.00
20/12/2011
4,000.00
1,139,895.00
23/12/2011
10,000.00
42,396,385.00
Nitesh Shetty
19/12/2011 23/12/2011
320,000.00
5,500,000.00
29/12/2011
414,907.00
9,089,218.00
Mr Jayesh Patel
21/12/2011
414,907.00
10,058,578.00
Mr Thomas Dietiker
Orchid Chemicals
19/12/2011 20/12/2011
913,000.00
3,504,977.00
Oriental Hotels
19/12/2011 27/12/2011
6,266.00
6,400,553.00
D Varada Reddy
Pantaloon Retail
22/12/2011- 29/12/2011
1,139,562.00
81,131,421.00
Kanoria Chem.
Manappuram Fin.
Nitesh Estates
NOCIL
Opto Circuits
No. of Shares
Acquired
Shares after
Acquisition
Acquirer's Name
29/12/2011
1,500.00
14,302,800.00
29/12/2011
1,500.00
14,036,500.00
Patni Computer
22/12/2011
113,532.00
6,770,483.00
Pennar Inds.
21/12/2011
29,628.00
4,962,508.00
Piramal Health
26/12/2011
17,500.00
116,163.00
N Santhanam
Polaris Finan.
28/12/2011
100,000.00
20,020,938.00
Ramco Systems
23/12/2011 29/12/2011
113,465.00
1,602,182.00
P R Venketrama Raja
Raymond
21/12/2011- 30/12/2011
113,000.00
2,169,325.00
Reliance Broad.
22/12/2011 30/12/2011
62,569.00
6,193,125.00
Royal Orch.Hotel
23/12/2011
13,979.00
162,895.00
20/12/2011
8,400.00
8,900.00
Pramod Koolwal
29/12/2011- 30/12/2011
340,398.00
21,707,899.00
S Kumars Nation
30/12/2011
1,747,179.00
3,211,839.00
Jyoti N Kasliwal
Shriram Trans.
29/12/2011
192,516.00
Shriram Trans.
21/12/2011- 30/12/2011
3,742,483.00
5,420,440.00
Siyaram Silk
22/12/2011
30,000.00
662,890.00
Rajiv A Poddar
27/12/2011
97,053.00
12,097,756.00
Strides Arcolab
29/12/2011
10,000.00
75,000.00
Mr Deepak Vaidya
Sujana Towers
28/12/2011
1,000,000.00
5,131,350.00
Suzlon Energy
21/12/2011
55,500,000.00
137,013,782.00
28/12/2011
17,203.00
Tata Coffee
28/12/2011
312,118.00
1,232,657.00
Titan Inds.
19/12/2011
100,000.00
3,581,628.00
Torrent Power
30/12/2011
49,038.00
249,437,654.00
TVS Srichakra
30/12/2011
6,703.00
81,211.00
Sri R Haresh
Usher Agro
22/12/2011
35,000.00
3,666,340.00
23/12/2011
500.00
6,500.00
Jignesh Kenia
22/12/2011
220.00
183.00
Vishwas Joshi
21/12/2011
35,000.00
4,815,142.00
29/12/2011
24,557.00
704,061.00
29/12/2011
45,000.00
539,578.00
23/12/2011
32,011,500.00
106,683,960.00
Company name
Patel Engg.
UTV Software
Varun Inds.
West Coast Paper
Zee News
Aroon Purie
Date of Sale
ADF Foods
26/12/2011
61,240.00
1,922,258.00
Ambuja Cem.
29/12/2011
2,000.00
199,250.00
B L Taparia
23/12/2011
12,000.00
453,920.00
Nanik R Vaswani
23/12/2011
12,000.00
232,315.00
Suneeta N Vaswani
Camlin
19/12/2011
170,950.00
535,050.00
Century Textiles
21/12/2011
200,000.00
2,723,517.00
D B Corp
26/12/2011 28/12/2011
31,781.00
19,875,007.00
Dabur India
20/12/2011 22/12/2011
19,800.00
511,706.00
Dabur India
20/12/2011
10,000.00
Dish TV
23/12/2011- 30/12/2011
Everonn Education
Blue Star
Seller's Name
Top Class Capital Market Pvt Ltd
15,585,900.00
33,700,100.00
23/12/2011
190,000.00
583,821.00
27/12/2011
50,040.00
183,808.00
Amita R Sheth
27/12/2011
105,317.00
15,837,490.00
27/12/2011
112,037.00
137,796.00
Jyoti B Sheth
27/12/2011
108,521.00
14,311,239.00
Ravi K Sheth
28/12/2011
2,000.00
17,400.00
Girish V Koliyote
22/12/2011
16,000.00
100,750.00
M Ramabhadran
Hathway Cable
20/12/2011
5,000.00
10,309.00
HDFC Bank
26/12/2011
536.00
9,464.00
17/12/2011
780,633,530.00
404,366,470.00
23/12/2011
404,366,470.00
Nil
ITC
21/12/2011
2,000.00
97,000.00
Kanoria Chem.
22/12/2011
100,023.00
Nil
Kemrock Inds.
21/12/2011
3,100.00
4,900.00
Kirl. Brothers
26/12/2011
48,000.00
12,332.00
Sanjay C Kirloskar
Kirl.Bros.Inv.
26/12/2011
48,000.00
12,332.00
Sanjay C Kirloskar
19/12/2011
7,088.00
19/12/2011
6,000.00
22,526.00
M&M
20/12/2011
243,396.00
27,952,544.00
NDTV
20/12/2011
4,030,376.00
Nil
28/12/2011
2,750.00
43,814.00
Kishore Kapoor
21/12/2011
1,500.00
43,958.00
Makarand Padalkar
GE Shipping Co
HDFC
Indiabulls Power
Oracle Fin.Serv.
Bharat K Sheth
Akash Hariani
Mr R Sundarraman
Mr Anand Mahindra,Mr Bharat Doshi,A K
Nanda.
Nomura Mauritius Ltd
Date of Sale
Piramal Health
26/12/2011
Religare Enterp.
Seller's Name
17,500.00
116,163.00
N Santhanam
19/12/2011
13,000.00
Nil
19/12/2011
200,000.00
1,350,000.00
27/12/2011
57,000.00
59,500,000.00
21/12/2011
2,250.00
5,000.00
26/12/2011
473.00
47,488.00
Asha Mahajan
27/12/2011
2,549.00
44,939.00
Siyaram Silk
22/12/2011
30,000.00
7,500.00
UTV Software
22/12/2011
220.00
183.00
Voltas
20/12/2011- 22/12/2011
683,545.00
427,052.00
28/12/2011 30/12/2011
8,300,000.00
Nil
Rolta India
Vishwas Joshi
Tata AIG Life Insurance Company Ltd
Essel Corporate Resources Pvt Ltd
LOCATION
AHMEDABAD
PHONE NUMBERS
079 - 64500318 / 19
E-MAIL ID
dealerahmd@chola.murugappa.com
080- 41503340 / 44
sathyanarayanaN@chola.murugappa.com
baskarans@chola.murugappa.com
mohanvn@chola.murugappa.com
srinivasardv@chola.murugappa.com
KOLKATA
Mr. Sathyanarayana.N
Mr. Baskaran S
Mr. Mohan V N
Mr. Srinivasa Reddy D V
Mr. Kumar Gaurav
MUMBAI
DELHI
CHENNAI
EAST & WEST
SOUTH
Mr. Lakshmanan T S P
Mr. Ananthanarayan J
Mr. Shankar P V
Mr. Alagappan A
Mr. P.Vinayakam
Mr. Sathyanarayanan M
Financial Services
Power
Information Technology
RESEARCH
044-3000 7363
044-3000 7266
044-3000 7361
alagappana@chola.murugappa.com
vinayakamp@chola.murugappa.com
sathyanarayananm@chola.murugappa.com
Mr.Balaji H
Dy.Manager-Compliance
COMPLIANCE
044 - 3000 7370
balajih@chola.murugappa.com
BANGALORE
CHENNAI
COIMBATORE
HYDERABAD
BEM
Mr. swetal
044 - 26208911 / 14
0422- 4292041
040- 23316567/68
033- 44103638 / 39
kumargaurav@chola.murugappa.com
sheetalbheda@chola.murugappa.com
maneeshg@chola.murugappa.com
lakshmanantsp@chola.murugappa.com
ananthanarayanj@chola.murugapa.com
shankarpv@chola.murugappa.com
DISCLAIMER:
The research
researchanalyst
analystwho
whois isprimarily
primarily
responsible
report
certifies
the views
expressed
in thisaccurately
report accurately
or heropinions
personalabout
opinions
about
The
responsible
for for
thisthis
report
certifies
that: that:
(1) all(1)
of all
theofviews
expressed
in this report
reflect hisreflect
or herhis
personal
any and
all
anythe
and
all ofsecurities
the subject
securities
and
of any
of thecompensation
research analyst's
compensation
was,oris,indirectly
or will related
be directly
orspecific
indirectly
related to the or
specific
of
subject
or issuers;
and or
(2) issuers;
no part of
any(2)ofno
thepart
research
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was, is,
or will be directly
to the
recommendations
views
recommendations or views expressed in this report. This report has been prepared on the basis of information that is already available in publicly accessible media or developed
expressed in this report. This report has been prepared on the basis of information that is already available in publicly accessible media or developed through analysis of Cholamandalam
through analysis of Cholamandalam Securities Limited. Cholamandalam Securities Limited makes every effort to use reliable, comprehensive information, but we make no
Securities
Limited. Cholamandalam Securities Limited makes every effort to use reliable, comprehensive information, but we make no representation that it is accurate or complete.
representation that it is accurate or complete.
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