Up 2 percent at 3,995.85 points

April 16 (Reuters) - The following stocks were on the move at the BSE on Monday.
At 2:11 p.m. the benchmark 30-share BSE index <.BSESN> was up 1.86 percent at 13,632.90 points.
The 50-share National Stock Exchange Index <.NSEI> was up 2 percent at 3,995.85 points.
-----------------------------------------------
* Sun TV Network Ltd. (SUTV.BO: Quote) extended gains on news the company's board would meet on April 24 to consider a bonus issue of shares. Shares were trading 3.9 percent higher at 1,722 rupees.
(2:10 p.m.)
-----------------------------------------------
* Goldstone Technologies Ltd. (GOLD.BO: Quote) jumped 8.7 percent to to a high of 69.50 rupees on news it had signed a deal with Zee Telefilm Ltd.'s Mauritius unit, Asia Today Ltd., to distribute Zee channels to eight countries in the Asia Pacific region. Goldstone's shares were later trading 7.8 percent higher at 68.50 rupees.
(11:08 a.m.)
-----------------------------------------------
* Welspun Gujarat Stahl Rohren Ltd. (WGSR.BO: Quote) extended gains to hit an all-time high of 132.25 rupees after securing orders worth 10.89 billion rupees. Earlier in the day, the company's board approved raising $50 million through issue of convertible or non-convertible securities or warrants to the promoter group to fund operations and investments. The stock was at 129.85 rupees, up 4.4 percent.
(10:58 a.m.)
-----------------------------------------------
* Indiabulls Financial Services Ltd. (IBUL.BO: Quote), touched a high of 535 rupees after the securities and broking firm posted a 95 percent jump in March-quarter consolidated net profit to 1.57 billion rupees. Shares were trading up 4.6 percent at 527 rupees.
(10:32 a.m.)
-----------------------------------------------
* Essar Steel Holdings Ltd. (ESRG.BO: Quote) climbed nearly 4 percent to 42.10 rupees on news its parent, Essar Global, had agreed to buy Canadian steelmaker Algoma Steel Inc. (AGA.TO: Quote) for C$1.85 billion ($1.63 billion) in cash.
(10:24 a.m.)

Comments