India Hot Stocks: Saregama India adds to gains after block deal Tue Sep 4, 2007 3:40 PM IST
MUMBAI, Sept 4 (Reuters) - The following stocks were on the move at the BSE on Tuesday.
At 3:35 p.m. the benchmark 30-share BSE index <.BSESN> closed provisionally up 0.17 percent at 15,447.90 points.
The 50-share National Stock Exchange Index <.NSEI> ended down provisionally 0.09 percent at 4,470.60 points.
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* Cassette and CD maker Saregama India Ltd (SARE.BO: Quote) extended gains after 1.06 million shares, or 7.57 percent of the equity capital, changed hands in a block deal on the BSE at 250 rupees a share. The stock ended provisionally at 276.65 rupees, up 10 percent. Details of buyer and seller were not immediately available. Fidelity held nearly 10 percent, while T Rowe Price held 7.2 percent in the firm at the end of June quarter.
(3:33 p.m.)
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* Parenteral Drugs India Ltd (PADG.BO: Quote) rose 2.8 percent to 194 rupees after its board approved the issue of one bonus share for every share held.
(1:02 p.m.)
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* Tata Motors Ltd (TAMO.BO: Quote) fell 2.6 percent to 684.90 rupees after India's top bus and truck maker reported a 0.4 percent fall in August vehicle sales to 45,144 units from 45,325 a year earlier.
(10:07 a.m.)
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* Cable maker Paramount Communications Ltd (PCML.BO: Quote) jumped for the third straight day after the company said it had acquired UK's AEI Cable. Financial details were not immediately available. The shares were trading 8.5 percent higher at 36.30 rupees. (10:04 a.m.)
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Source:Reuters
MUMBAI, Sept 4 (Reuters) - The following stocks were on the move at the BSE on Tuesday.
At 3:35 p.m. the benchmark 30-share BSE index <.BSESN> closed provisionally up 0.17 percent at 15,447.90 points.
The 50-share National Stock Exchange Index <.NSEI> ended down provisionally 0.09 percent at 4,470.60 points.
-----------------------------------------------
* Cassette and CD maker Saregama India Ltd (SARE.BO: Quote) extended gains after 1.06 million shares, or 7.57 percent of the equity capital, changed hands in a block deal on the BSE at 250 rupees a share. The stock ended provisionally at 276.65 rupees, up 10 percent. Details of buyer and seller were not immediately available. Fidelity held nearly 10 percent, while T Rowe Price held 7.2 percent in the firm at the end of June quarter.
(3:33 p.m.)
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* Parenteral Drugs India Ltd (PADG.BO: Quote) rose 2.8 percent to 194 rupees after its board approved the issue of one bonus share for every share held.
(1:02 p.m.)
-----------------------------------------------
* Tata Motors Ltd (TAMO.BO: Quote) fell 2.6 percent to 684.90 rupees after India's top bus and truck maker reported a 0.4 percent fall in August vehicle sales to 45,144 units from 45,325 a year earlier.
(10:07 a.m.)
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* Cable maker Paramount Communications Ltd (PCML.BO: Quote) jumped for the third straight day after the company said it had acquired UK's AEI Cable. Financial details were not immediately available. The shares were trading 8.5 percent higher at 36.30 rupees. (10:04 a.m.)
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Source:Reuters
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