31 January 2013

MARKETS TODAY

WORLD INDICES & INDIAN ADRs (US$)

Trade is expected to be choppy as traders roll over positions to the next month futures contract due to expiry of the Jan derivatives contract. Resistance is seen at 6083 levels & support is seen at 6044 levels. Result: Grasim Ind, ICICI Bk, Lupin, PNB, Siemens, Union Bk, Tata Global Beverages, Satyam Comp, Sobha Developers, Allahabad Bk, CEBCO, Godrej Consumer Prod, HSIL, Nilkamal. Stock Watch: Jindal Steel & Power, Gujarat NRE Coke, Tata Power, Coal India, Jet Airways. Data Watch: India revised GDP, India CPI, India core sector growth, Japan auto exports, UK house prices, France and Italy PPI, US jobless claims, Germany retail trade and jobless claims.

KEY OVERNIGHT DEVELOPMENTS Most Asian indices declined as worries over slowdown in the world's leading economies prompted investors to dump risky assets. US' Oct-Dec GDP unexpectedly contracted by 0.1% annual rate, against a 3.1% growth seen in Jul-Sep, while Japan's industrial output in Dec grew 2.5%. 30-Jan-13

EQUITY Latest 20,005.0 6,055.8 8,303.9

SENSEX NIFTY CNXMIDCAP

1 Day 0.1 0.1 (0.2)

P/E* 16.8 16.6 14.5

P/B* 2.8 2.7 1.6

*Source: Bloomberg

COMMODITIES Latest 1677.1 97.9

GOLD CRUDE OIL

Points 13.3 0.4

FII ACTIVITIES IN DERIVATIVES FII Net Buy (Rs. Crs) Index Futures Index Options Stock Futures Stock Options

NET INFLOWS

333.7 957.7 (161.8) 208.5

30-Jan-13 Open Ch. in Open Interest Int. (DOD) 10598.6 56068.8 36441.9 4711.0

(Rs. Crs.)

FII MF** *YTD From January till date

NET 1006.2 (351.0)

YTD 149257.5 (24071.2)

**As on 28-Jan-13

30-Jan-13 Closing 53.8 72.2 84.6

G.SEC. YIELD GS CG2022 8.15%

15.1 0.6 2.8 (5.6)

29-Jan-13 MTD 19938.5 (3880.9)

EXCHANGE RATE Rs. / $ Rs. / EURO Rs. / UK Sterling

% Chg. 0.8 0.4

% Chg. (0.26) (0.34) (0.17)

30-Jan-13 Rate 102.0

Yield (%) 7.9

Please refer to important disclosures at the end of the report

Sushil Financial Services Private Limited Regd. Office : 12, Homji Street, Fort, Mumbai 400 001.

NIKKEI 225 * HANG SENG * DOWJONES NASDAQ SGX NIFTY FUT* INFY HDFC BANK ICICI BANK TATA MOTORS WIPRO TATA COMM.

* At 08:20 a.m. IST on

Latest 11046.2 23685.6 13910.4 3142.3 6059.0 52.8 40.8 46.4 27.9 9.5 8.7

Points (67.7) (136.4) (44.0) (11.4) 0.0 0.4 0.6 (0.6) (0.2) 0.1 0.2 31-Jan-13

30-Jan-13 % Chg. (0.6) (0.6) (0.3) (0.4) 0.0 0.7 1.6 (1.2) (0.6) 1.2 2.5

MUST KNOW….

 Suzlon Group has received an order from Orange Renewable Power for a 50.4 MW wind energy project to be commissioned by Mar. The company will supply, install, operate, and maintain 24 units of its S88 - 2.1 MW wind turbine generator in Jaisalmer, Rajasthan.  Hero MotoCorp Ltd's wage negotiations with the workers' union of its Gurgaon factory remained inconclusive with another round of talks scheduled for Thurs. Output at the Gurgaon factory, however, has normalised after the workers shelved the "go slow" approach they had earlier taken to press hard their demands. "...no solution came out of the discussion yesterday (Tues). We will meet them (the company management) again on Thurs, and hope something comes out this time," a member from the Gurgaon workers' union told.  Larsen and Toubro said it has received a contract from PETRONAS Carigali Myanmar (Hong Kong) Ltd for execution of offshore engineering, procurement, construction, installation, and commissioning at the latter's Yetagun North Field in the Gulf of Martaban, Myanmar. The 19-month project is valued at over $100 mn.  TV18 Broadcast Ltd and Viacom18 Media Pvt Ltd's 50:50 joint venture television channel distribution company IndiaCast has formed a joint venture with UTV Global Broadcasting Ltd, a DisneyUTV group company, for aggregation and wholesale distribution business of TV channels in India. The step-down 74:26 joint venture between IndiaCast and Disney UTV will become operational after necessary regulatory approvals.  NHPC Limited has informed that consequent upon successful trial run and demonstration of peaking capability corresponding to installed capacity of 11 MW, Unit # 4 of Chutak HE Project (4 x 11MW) has been declared under commercial operation w.e.f. 00:00 hrs of Feb 01, 2013. Unit # 1, 2 and 3 of the project are already under commercial operation w.e.f. Nov 29, 2012.  Crompton Greaves Ltd has completed restructuring of its Mechelen facility in Belgium and no further cost associated to this is expected, Laurent Demortier, managing director and chief executive officer, told. For private Circulation Only.

1 : SEBI Regn.No. INB/F010982338 | NSE : SEBI Regn.No.INB/F230607435. Member BSE Phone: +91 22 40936000 Fax: +91 22 22665758 Email : [email protected]

Corporate Announcements & Result Scoreboard  Oracle Financial Services Software Ltd has posted an unaudited net profit of Rs.2552.10 mn for Q3FY13 against Rs.2516.80 mn for Q3FY12. Total Revenue has increased from Rs.8041.40 mn for Q3FY12 to Rs.8456.30 mn for Q3FY13.  Ipca Laboratories Ltd has posted an unaudited net profit of Rs.878.90 mn for Q3FY13 against Rs.639.30 mn for Q3FY12. Total Income is Rs.7049.90 mn for Q3FY13 against Rs.6188.60 mn for Q3FY12.  SJVN Ltd has posted an unaudited net profit of Rs.1920.60 mn for Q3FY13 against Rs.1896.30 mn for Q3FY12. Total Income has decreased from Rs.4161.90 mn for Q3FY12 to Rs.4115.70 mn for Q3FY13.  Indian Overseas Bank has posted an unaudited net profit of Rs.1165.00 mn for Q3FY13 against Rs.1082.70 mn for Q3FY12. Total Income has increased from Rs.50153.30 mn for Q3FY12 to Rs.58469.80 mn for Q3FY13.  National Aluminium Company Ltd has posted an unaudited net profit of Rs.1189.40 mn for Q3FY13 against Rs.512.20 mn for Q3FY12. Total Income has increased from Rs.15770.00 mn for Q3FY12 to Rs.18055.00 mn for Q3FY13.  Dena Bank has posted an unaudited net profit of Rs.2064.40 mn for Q3FY13 against Rs.1866.80 mn for Q3FY12. Total Income has increased from Rs.18102.10 mn for Q3FY12 to Rs.24084.20 mn for Q3FY13.  Central Bank of India has posted an unaudited net profit of Rs.1799.40 mn for Q3FY13 against Rs.1132.40 mn for Q3FY12. Total Income has increased from Rs.50988.60 mn for Q3FY12 to Rs.58188.10 mn for Q3FY13.  Titan Industries Ltd has posted an unaudited profit after taxes of Rs.2037.30 mn for Q3FY13 against Rs.1639.10 mn for Q3FY12. Total Income has increased from Rs.24648.40 mn for Q3FY12 to Rs.30398.10 mn for Q3FY13.  Power Finance Corporation Ltd has posted an unaudited net profit of Rs.11171.00 mn for Q3FY13 against Rs.11079.00 mn for Q3FY12. Total Income has increased from Rs.32836.40 mn for Q3FY12 to Rs.44661.90 mn for Q3FY13.  Gujarat Fluorochemicals Ltd has posted an unaudited net profit of Rs.716.90 mn for Q3FY13 against Rs.2189.80 mn for Q3FY12. Total Income has decreased from Rs.5840.40 mn for Q3FY12 to Rs.3772.80 mn for Q3FY13.

 Colgate Palmolive (India) Ltd has posted an unaudited net profit of Rs.1110.50 mn for Q3FY13 against Rs.1155.80 mn for Q3FY12. Total Income has increased from Rs.7006.10 mn for Q3FY12 to Rs.7955.10 mn for Q3FY13.  Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on Feb 01, 2013, inter-alia, to consider the following proposals: 1. Mr. Sunil Bharti Mittal to be the Executive Chairman. 2. Mr. Manoj Kohli to be appointed as the Managing Director. 3. Mr. Gopal Vittal to be appointed as an Additional Director and Joint Managing Director.  Bajaj Finance Ltd's rights issue to raise Rs.7.44 bn will open on Feb 6 and end Feb 21, an advertisement in the Business Standard newspaper said. The last date to request for split application forms is Feb 14, it said. Bajaj Finance shares, priced at Rs.1,100 each, will be allotted to shareholders in the ratio of three shares

2

for every 19 held. Bajaj Finance had earlier said it plans to use the proceeds from the rights issue to raise the company's capital base in order to meet its capital adequacy requirement. JM Financial is the lead manager of the issue.  The government has appointed B.K. Srivastava, general manager in Allahabad Bank, as executive director of Corporation Bank. Srivastava's appointment will take effect from the date he takes charge of the post and is up to Dec 31, 2015 or until further orders, whichever is earlier, financial services department said in a notification.  Suzlon Group has received an order from Orange Renewable Power for a 50.4 MW wind energy project to be commissioned by Mar, Suzlon Energy Ltd said in a notice to the stock exchanges. The company will supply, install, operate, and maintain 24 units of its S88 - 2.1 MW wind turbine generator in Jaisalmer, Rajasthan.  Indian Oil Corp Ltd will raise funds through the sale of oil bonds in the secondary market, a company official said. The company will sell 6.90%, 2026 oil bonds, and has invited bids from investors by 1100 IST today. Oil bonds are issued by the government to public sector oil retailers to help minimise their losses on retail sale of fuel at subsidised rates.  Ortel Communications Ltd has sought approval from the Securities and Exchange Board of India to raise up to Rs.1 bn via an initial public offering of shares, the company said in an advertisement in The Financial Express. The issue comprises an offer for sale of up to 4.09 mn shares by private equity firm NSR-PE Mauritius LLC. The Odisha-based company also plans a pre-IPO placement of up to 3.5 mn shares worth Rs.750 mn, said the advertisement. If the pre-IPO placement is completed, the number of shares issued and transferred pursuant to the pre-IPO placement will be proportionately reduced from the fresh issue and offer for sale to make the issue size 25% of the post issue paid-up equity capital being offered to the public, said the advertisement. IDFC Capital Ltd and Equirus Capital Pvt Ltd are the lead managers of the issue. Ortel Communications is a regional cable television service provider engaged in the distribution of analog and digital cable television services, high speed broadband, and voice over internet protocol services.  Tamilnadu Petroproducts Ltd has informed BSE the Board of Directors of the Company at their Meeting held on Jan 28, 2013 inter alia have approved the following: (a) Co-opted Thiru N S Palaniappan, IAS, as Director and Chairman of the Company not liable to retire by rotation representing TIDCO vice Thiru Vikram Kapur, IAS. (b) Co-opted Thiru Muthukrishnan Ravi, as Director representing SPIC (not liable to retire by rotation) and appointed as Managing Director of the Company with effect from Feb 04, 2013 vice Thiru RM. Muthukaruppan whose term of office ends on February 03, 2013. (c) Recorded that the term of office Thiru V Ramani as Director and Chief Financial Officer would end on Feb 03, 2013. (d) Approved the closure of operations of its Epichlorohydrin plant located at Manali. Chennai - 600068 subject to necessary approvals required, if any.  Hero MotoCorp Ltd's wage negotiations with the workers' union of its Gurgaon factory remained inconclusive with another round of talks scheduled for Thurs. Output at the Gurgaon factory, however, has normalised after the workers shelved the "go slow" approach they had earlier taken to press hard their demands. "...no solution came out of the discussion yesterday (Tues). We will meet them (the company management) again on Thurs, and hope something comes out this time," a member from the Gurgaon workers' union told. Hero MotoCorp operates a factory each in Gurgaon and Dharuhera in Haryana and another plant at Haridwar in Uttarakhand. Workers had, from Jan 23, slowed down production at the

3

Gurgaon plant by 500-600 units a day from the 7,000 units it manufactures daily. The union member said production has been brought back to normal levels after the negotiations on Tues. Hero MotoCorp's employees at the Gurgaon plant have been demanding an increment similar to the one received by workers at Honda Motorcycle and Scooter India's factory in neighbouring Manesar, where a 50% wage hike was recently announced. Hero MotoCorp has agreed to hike monthly wages by an average Rs.7,500 at its Gurgaon factory, but this was unacceptable to the workers. The workers' union demanded a phased salary hike of Rs.17,000-18,000 a month over three years, following which the first round of negotiations was initiated in Aug. While the talks on Tuesday remained largely inconclusive, the workers' union would meet the company management again in the presence of Haryana Deputy Labour Commissioner, Anuradha Lamba, on Thursday, he said. The union member said the workers' union had no plans to go on strike as of now.  KRBL Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on Feb 12, 2013, to consider and take on record the Unaudited Financial Results for the quarter ended Dec 31, 2012 and shall also consider and take a decision on Buy back of equity shares of the Company in accordance with the provisions of Section 77A, 77AA, 77B of the Companies Act, 1956 read with Securities and Exchange Board of India (Buy Back of securities) Regulations 1998, as amended.  PI Industries Ltd has raised Rs.1.17 bn through a qualified institutional placement of 1.92 mn shares at Rs.609.60 per share, the company said in a notice to the exchanges.  In a letter to Telecom Secretary R. Chandrashekhar, Vodafone India Ltd has called the recently-released auction guidelines for the upcoming 2G spectrum auction to be held in Mar as "illegal". The company said that the government couldn't auction spectrum that is currently being used by it, referring to the scheduled auction of the 900 MHz spectrum bandwidth in three circles of Delhi, Mumbai and Kolkata. "Since the same spectrum is already being used expeditiously and extensively in its networks, it cannot be put out for auction, in the manner stated in the guidelines, which implies forcible withdrawal of spectrum from the existing service providers," Vodafone India said. Incumbent operators such as Bharti Airtel and Vodafone India are currently providing telecom services on the 900 MHz bandwidth based on the global system for mobile communications platform in the three circles. The licences remain valid till Nov 2014. The telecom department's guidelines on second round of 2G spectrum auction released on Jan 23 stated that the three circles of 900 MHz bandwidth would be auctioned along with auction of 1,800 MHz spectrum in four circles. As per as the recommendations from the Telecom Regulatory Authority of India, the auction of 900 MHz spectrum bandwidth is to be conducted 18 months before licence renewal. The company has also stated that as per existing licence agreements, the licences for Delhi, Mumbai, and Kolkata could be further extended for a period of ten years if there is a mutual agreement between the company and the government. The company has made a request for the same before the telecom department, which is currently pending, it stated. As such, the company has called for a revision of auction guidelines for 900 MHz and 1,800 MHz spectrum bandwidths.  Larsen and Toubro said it has received a contract from PETRONAS Carigali Myanmar (Hong Kong) Ltd for execution of offshore engineering, procurement, construction, installation, and commissioning at the latter's Yetagun North Field in the Gulf of Martaban, Myanmar. The 19-month project is valued at over $100 mn, the company said in a release to the exchanges. L&T will supply offshore wellhead platform and install a subsea pipeline at a depth of 108 mtr for PETRONAS Carigali Myanmar, it said. The Indian engineering and capital goods company also will undertake "tie-in works" on PETRONAS Carigali

4

Myanmar's existing platform in the Yetagun complex, the company said. L&T's facility in Kattupalli in Tamil Nadu will undertake the fabrication work for the project.  TV18 Broadcast Ltd and Viacom18 Media Pvt Ltd's 50:50 joint venture television channel distribution company IndiaCast has formed a joint venture with UTV Global Broadcasting Ltd, a DisneyUTV group company, for aggregation and wholesale distribution business of TV channels in India. The step-down 74:26 joint venture between IndiaCast and Disney UTV will become operational after necessary regulatory approvals, TV18 Broadcast said in a notice to the stock exchanges. IndiaCast will move its domestic distribution business into the new venture while continuing to manage its international distribution operation as well as new media distribution for TV18, Viacom 18, A+E Networks | TV18 and Eenadu channels. Disney UTV will also move its domestic distribution activities for its entire bouquet of nine channels to the new entity. The new entity will hence provide 35 channels from the TV18, Viacom18, Disney UTV, Eenadu Group and A+E Networks | TV18 to Cable, DTH and HITS platforms in India. The current IndiaCast management, headed by Chief Executive Officer Anuj Gandhi, will manage the joint venture, the release said. TV18 will continue to hold majority economic interest in both IndiaCast and the new step-down joint venture through a combination of its direct holding through TV18 and the indirect holding through Viacom18. TV18's effective economic interest in IndiaCast is 75% and around 56% in the new venture.  Raj Television Network Ltd has informed BSE that the Board of Directors of the Company at its meeting held on Jan 30, 2013, inter alia, has discussed and approved the followings: 1. Authorized the Managing Director of the Company to explore the various opportunities and avenues for fund raising plans of the Company to cater to the ambitious growth plans of the Company. 2. To open subsidiary or branch offices to cater to the ever growing needs at US and European markets and other Asian Countries.  Dewan Housing Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on Jan 30, 2013, inter alia, has considered the following: 1. Borrowings by way of Private Placement of Secured Debentures upto an amount not exceeding Rs.3000 crore, in one or more tranches (including an option to retain over-subscription for issuance of additional NCDs, in such manner as the Board may at its sole discretion determine). 2. Borrowing by way of issue of Unsecured Redeemable NonConvertible Subordinated Debentures (Tier II) upto an aggregate value of Rs.1,000 crore on private placement basis.  NHPC Limited has informed the Exchange that consequent upon successful trial run and demonstration of peaking capability corresponding to installed capacity of 11 MW, Unit # 4 of Chutak HE Project (4 x 11MW) has been declared under commercial operation w.e.f. 00:00 hrs of Feb 01, 2013. Unit # 1, 2 and 3 of the project are already under commercial operation w.e.f. Nov 29, 2012.  Balaji Telefilms Ltd has informed BSE that Mr. Sanjay Dwivedi has been appointed as the Chief Financial Officer of the Company effective Jan 25, 2013.  Parent company GlaxoSmithKline Pte Ltd's open offer to acquire 31.84% stake or 13.39 mn shares in GlaxoSmithKline Consumer Healthcare Ltd has been "more or less" fully subscribed, a source told. "The acceptance (of shares) won't be full now," he said. The British consumer goods maker's open offer for its Indian arm began on Jan 17 and will end. On Nov 26, GlaxoSmithKline, along with Horlicks and UK-based GlaxoSmithKline Plc, had made a voluntary open offer to acquire 31.84% stake in the Indian arm at Rs.3,900 a share. As on Dec 31, GlaxoSmithKline held 43.16% stake in the Indian arm through Horlicks Ltd.

5

If the open offer is fully subscribed, the promoter stake in GlaxoSmithKline Consumer Healthcare will increase to 75%, the maximum permitted level for listed companies.  Indian Overseas Bank's board has approved issue of shares worth Rs.15.42 bn, including premium, on preferential basis to the government and Life Insurance Corp, it said in a notice to the exchanges. Indian Overseas Bank did not specify the number of shares that would be Allotted but said it will convene an extraordinary general meeting on Mar 18 to seek approval from its shareholders for the issue.  In a bid to make its vehicles more cost competitive, Mahindra & Mahindra Ltd may begin assembling its sport utility vehicle Quanto and goods carrier Maxximo in Sri Lanka from Jul-Sep, a source close to the development told. In Apr, Sri Lanka raised the tax payable on imported diesel cars of engine capacity under 1,600cc to 250% from 180%. The tax on three-wheelers and two-wheelers was also nearly doubled to 100%. Tax on a completely built unit of Quanto in Sri Lanka would be 250%, and that on a completely knocked down vehicle would be significantly lower at 50-60%, the source said. Mahindra & Mahindra is considering an assembly capacity of 200-300 units per month in Sri Lanka, the source said. M&M is not the only company considering domestic assembly as an option to improve cost competitiveness in Sri Lanka. "(But) because the government policy is not very clear, they (companies) don't want to invest too much on the assembly side," the source said. "They want to invest the barest minimum and take it from there." The source said M&M's franchisee in Sri Lanka, Ideal Group of Companies, has already tied up land required for assembly of vehicles. The franchisee has hired a project manager, who will engage in discussions with M&M on the level of localisation for the two products, the source said. The source said a warehouse would likely be leased on the outskirts of Colombo to house the assembly operations. M&M also plans to enter the two-wheeler market in Sri Lanka, where Bajaj Auto Ltd is the market leader in this segment. Mahindra 2 Wheelers Ltd will launch two scooters including the Duro, and two motorcycles--Pantero and Centuro--in Sri Lanka in Apr, the source said. Mahindra 2 Wheelers, M&M's two-wheeler business, currently sells four scooters--Rodeo, Duro, Flyte, and Kine, and two motorcycles in India. The company did not confirm the developments. In response to an e-mailed query, a company spokeswoman said, "At the moment, we do not have any update to share in this regard."  Crompton Greaves Ltd has completed restructuring of its Mechelen facility in Belgium and no further cost associated to this is expected, Laurent Demortier, managing director and chief executive officer, told. "...the Mechelen project is over. It has been fully completed on Dec 14," Demortier said. The company's earnings have been under pressure over the past few quarters due to the ongoing restructuring of the Belgium facility. With respect to the Belgium facility, Crompton had incurred employee cost of Rs.1.21 bn and other restructuring related expenses worth Rs.1.08 bn in the quarter ended Dec. This weighed on its bottomline during the Dec quarter as the Avantha-group company posted a consolidated net loss of Rs.1.89 bn against expectations of a profit of Rs.648 mn. While concerns on this front have been abated, the company expects the next two quarters to remain under pressure as it will take time for operations to normalise. The total order inflow during the quarter stood at Rs.22.67 bn. Of this, Rs.12.13 bn were from India while the rest were international orders, the company said. The order backlog as on Dec 31 stood at Rs.92.33 bn.  Central Bank of India has informed BSE that the Board of Directors of the Bank at its meeting held on Jan 30, 2013, inter alia, has considered and approved raising of additional equity capital upto the extent of Rs.2406 crore by way of issue equity shares of face value of Rs.10 each at such price as may be decided as per SEBI (ICDR) Regulations, 2009 in favour of Government of India on preferential basis, subject to

6

approval of Reserve Bank of India, shareholders and other statutory authorities (if any). In this connection, an Extra-Ordinary General Meeting of shareholders will be held on Mar 18, 2013, to consider and pass the necessary Special Resolution.  HDFC Bank has reduced interest rates on automobile loans by 25-50 basis points, a bank official told. The lower rates will be effective from Fri. "Car loan rates have been cut 25 bps, two-wheeler loan rates have been cut by 50 bps while CV (commercial vehicle) loans have been cut by 25 bps," the official said. The move comes a day after the Reserve Bank of India cut policy rates. The RBI, at the third-quarter review of its monetary policy, cut the repo rate by 25 bps to 7.75% and banks' cash reserve ratio by 25 bps to 4.00%. State-owned IDBI Bank and Royal Bank of Scotland were the first two banks to cut loan rates following the RBI policy. Late Tues, IDBI Bank cut its Base Rate by 25 bps to 10.25%, effective Friday. The bank also cut some retail deposit rates by 25 bps. Royal Bank of Scotland has cut its Base Rate by 75 bps to 9%. Pratip Chaudhuri, chairman of the country's largest lender State Bank of India, has also indicated that there is scope for a Base Rate reduction.

7

Information of Bulk Deals – 30th Jan 2013 on BSE Scrip name

Name of Client

BUY (B) / SELL (S) S

Quantity Shares 143,486

Trade Price/ W Avg. Price 68.18

20 Microns

Manjuben Vithalbhai Bodar

Acil

Jayshree Shankar Bhosle

S

1,200,500

0.11

Asian Granito

Amritlal Futermal Jain

B

781,198

35.6

Asian Granito

Pankaj Patel

S

790,000

35.62

Bemco Hydr

Harsha Hitesh Javeri

B

14,450

55.25

Bemco Hydr

Vsl Securities Pvt Ltd

S

10,000

55

Cressanda Sol

Jaysukh Parekh

B

100,000

10.25

Cressanda Sol

Rohit Agarwal

S

100,000

10.25

Deccan Cements

Bharat Jayamtilal Patel

B

131,229

278.47

Deccan Cements

Jain Ashok Jasraj

S

92,079

278.28

Deccan Cements

Pasha Finance Pvt. Ltd.

S

39,150

278.5

Eco Friendly Food

Madhukar Dubey

S

54,000

24.4

Fact Enterprise

Chetan Mukundrai Parekh

B

100,010

3

Fact Enterprise

Manav Nareshbhai Patel

B

411,127

3.02

Fact Enterprise

Padmanabha Jagannath Kotian

B

100,000

3

Fact Enterprise

Rasika Ravindra Sakpal

S

100,000

3

Fact Enterprise

Sangita Bhuwalka

S

90,000

3

Fact Enterprise

Sukusama Trading & Investments Pvt Ltd

S

130,571

3

Fact Enterprise

Sweta Bhuwalka

S

100,000

3

Filatex Fash

Parameshwari Infraprojects Private Limited

S

78,367

6

Gemstone Invest

Janak Chimanlal Dave

B

426,568

14.9

Gemstone Invest

Kishan Balaram Shigvan

S

404,000

14.9

Gujarat Medi

Prakash Raj Bhansali

S

36,752

17.14

High Str Fila

High Street Fashions Pvt Ltd

B

20,100

52.5

High Str Fila

Moti Lal Baid

S

20,000

52.5

Intellivate Cap

Leena Vipul Modi

S

500,000

96

Intellivate Cap

Olumpus Construction Private Limited

B

500,000

96

Invicta Meditek

Paras Kawar

S

59,298

16.5

Liberty Phos

Credit Suisse (Singapore) Ltd A/C Cr Suisse (Singa

S

102,500

210.15

Madhur Capital

Sher Khan

S

67,639

17.43

Regency Trust

Arvind Chhotalal Morzaria

B

67,800

29.03

Regency Trust

Kiran Madhusudan Sheth

B

56,000

29.4

Regency Trust

Manubha P Vaghela

S

60,000

29.4

Regency Trust

Saurabh Chandrakant Nagarsheth

S

60,000

29

Sanguine Media

Magan Mercantile Pvt Ltd

B

700,000

2.9

Sanguine Media

Naseen Tradelink Private Limited

S

708,000

2.9

Shalibhadra Fin

Desai Smruti Samirbhai

S

44,252

50.45

Shalibhadra Fin

Hinaben Romeshbhai Shah

B

31,000

50.45

Shalibhadra Fin

Hinaben Romeshbhai Shah

B

31,000

50.45

Shreychem

Anandjibhai Gokaljibhai Pansuriya

S

86,479

72.72

8

Shreychem

Ashokbhai Madhubhai Parmar

S

40,000

72.54

Shreychem

Rameshbhai Parshotambhai Bodar

S

46,534

72.41

Shreychem

Vora Jinalben Bhavikbhai

B

100,000

73

Shri Ganesh Spi

Rajesh Baheti

B

8,800,000

0.57

Shri Ganesh Spi

Shriram Credit Company Limited

S

8,291,796

0.57

Subhkam Cap

S R Jute Traders Private Limited

S

78,000

106.08

Subhkam Cap

Saroj Shyamsunder Chandak

B

50,000

105.02

Vaishnavi

Parvathaneni Venkata Siva Gangadhara Rao

S

212,301

7.37

Vaishnavi

Y Sankara Rao

B

104,134

7.36

Vision Cinemas

Shivashankar Cafe & Catering

S

198,295

12

Wagend

Dhan Stock And Share Brokers Pvt Ltd.

S

605,000

20.7

Quantity Shares 20642400

Trade Price/ W Avg. Price 9

20642400

9

Information of Bulk Deals – 30th Jan 2013 on NSE Scrip name

Name of Client

Trident Limited

Madhuraj Foundation

BUY (B) / SELL (S) B

Trident Limited

Trident Group Limited

S

9

Declaration made under SEBI (Insider Trading) Regulation 2002 Company Name

Name of Acquirer / Seller

Transaction Date

Buy / Sell

Amtek India Ltd

Amtek Auto Ltd

14/01/2013

B

23590

170670170

61.49

Amtek India Ltd

Amtek Auto Ltd

15/01/2013

B

18070

170688240

61.5

Baba Arts Ltd

Gordhan P Tanwani

14/01/2013

B

37039

57880562

56.09

D B Realty Ltd

Pramod K Goenka

21/11/2012

S

500000

Eros International Media Ltd

Surender Sood

10/1/2013

S

8000

240

Excel Crop Care Ltd

Kamaljyot Investments Ltd

11/1/2013

B

5210

163337

1.48

Firstsource Solutions Ltd

Aranda Investments Mauritius Pte Ltd

11/1/2013

S

2860999

Genus Power Infrastructu Ltd

Rajendra Kumar Agarwal

11/1/2013

B

35000

975250

0.61

Graphite India Ltd

The Bond Company Ltd

14/01/2013

B

17149

16291979

8.33

Indusind Bank Ltd

Anil M Rao

15/11/2012

S

5000

167500

Jubilant FoodWorks Ltd

Weston Investments Ltd

11/1/2013

S

22367

3953809

6.06

Jubilant FoodWorks Ltd

Weston Investments Ltd

11/1/2013

S

9430

3944379

6.04

Jubilant FoodWorks Ltd

Weston Investments Ltd

14/01/2013

S

106358

3838021

5.88

Jubilant FoodWorks Ltd

Weston Investments Ltd

14/01/2013

S

23000

3815021

5.84

Microsec Financial Servic Ltd

Topview Enclaves LLP

14/01/2013

B

21380

5121955

16.1

NK Industries Ltd

N K Proteins Ltd

14/01/2013

B

688

363888

6.05

Pradeep Metals Ltd

Kewal K Nohria

11/1/2013

B

2315

442342

2.56

Rolta India Ltd

Rolta Shares & Stocks Pvt Ltd

15/01/2013

B

469000

9400000

5.82

Ruchi Soya Industries Ltd

A B Rao

15/01/2013

S

14000

150

SKS Logistics Ltd

Sarvesh Kumar Shahi

14/01/2013

B

50

781507

5.39

South Indian Bank Ltd

The India Fund

11/6/2009

S

2199386

3401439

3

South Indian Bank Ltd

The India Fund

4/12/2006

B

1046100

Sudar Industries Ltd

Valliammal MuruganThevar

11/1/2013

S

100000

116250

0.52

TCFC Finance Ltd

Greenstone Investments Pvt Ltd

11/1/2013

B

3111

10

No. of Shares Transacted Qty%

Holding after Transaction Qty%

Rating Scale This is a guide to the rating system used by our Institutional Research Team. Our rating system comprises of six rating categories, with a corresponding risk rating.

Risk Rating Risk Description

Predictability of Earnings / Dividends; Price Volatility

Low Risk

High predictability/ Low volatility

Medium Risk

Moderate predictability / volatility

High Risk

Low predictability/ High volatility

Total Expected Return Matrix Rating

Low Risk

Medium Risk

High Risk

Buy

Over 15 %

Over 20%

Over 25%

Accumulate

10 % to 15 %

15% to 20%

20% to 25%

Hold

0% to 10 %

0% to 15%

0% to 20%

Sell

Negative Returns

Negative Returns

Negative Returns

Neutral

Not Applicable

Not Applicable

Not Applicable

Not Rated

Not Applicable

Not Applicable

Not Applicable

Please Note  Recommendations with “Neutral” Rating imply reversal of our earlier opinion (i.e. Book Profits / Losses). ** Indicates that the stock is illiquid With a view to combat the higher acquisition cost for illiquid stocks; we have enhanced our return criteria for such stocks by five percentage points. “Desk Research Call” is based on the publicly available information on the companies we find interesting and are quoting at attractive valuations. While we do not claim that we have compiled information based on our meeting with the management, we have taken enough care to ensure that the content of the report is reliable. Although we have christened the report as “Desk Research Calls” (DRC), we intend to release regular updates on the company as is done in our other rated calls. For any information or suggestion, please contact the below mentioned…

Vatsal Shah ([email protected])

Nishita Shah ([email protected])

Bhaveshkumar Jain ([email protected])

Sushil Financial Services Private Limited Member BSE: SEBI Regn.No. INB/F010982338 | Member NSE: SEBI Regn.No.INB/F230607435. Office: 12, Homji Street, Fort, Mumbai 400 001. Phone +91 22 4093 6000 Fax +91 22 2266 5758 Additional information with respect to any securities referred to herein will be available upon request. This report is prepared for the exclusive use of Sushil Group clients only and should not be reproduced, re-circulated, published in any media, website or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Sushil Financial Services Private Limited. Any unauthorized use, disclosure or public dissemination of information contained herein is prohibited. This report is to be used only by the original recipient to whom it is sent. This is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. While utmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk. This report has been prepared for information purposes only and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. The information, on which the report is based, has been obtained from sources, which we believe to be reliable, but we have not independently verified such information and we do not guarantee that it is accurate or complete. All expressions of opinion are subject to change without notice. Sushil Financial Services Private Limited and its connected companies, and their respective directors, officers and employees (to be collectively known as SFSPL), may, from time to time, have a long or short position in the securities mentioned and may sell or buy such securities. SFSPL may act upon or make use of information contained herein prior to the publication thereof.

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