September 3 Apeejay Tea

* Apeejay Tea Ltd (APTE.BO: Quote) extended gains after it said its board would meet on September 4 to consider a proposal from the founders of the company to delist shares from the BSE. Shares in the company were up 20 percent at 108 rupees.
(1:37 p.m.)
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* Cable maker Paramount Communications Ltd (PCML.BO: Quote) extended gains for the second straight day on talk of the firm acquiring UK's AEI Cable. Its board met on August 31 to consider the acquisition, but made no announcement on the decision. Chairman and Managing Director Sanjay Aggarwal, when asked about the outcome of the meeting, told Reuters, "It is not the appropriate time to comment". Shares were up 12 percent at 31.85 rupees.
(12:27 p.m.)
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* Cholamandalam DBS Finance Ltd (CHLA.BO: Quote) rose after the financial services firm approved the issue of three rights shares for every eight held at 140 rupees each. The shares were at their days high at 202 rupees, up 7.8 percent.
(10:41 a.m.)
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* Auto parts maker Omax Autos Ltd (OMXA.BO: Quote) extended gains to touch a high of 69.95 rupees a share after its board approved the issue of 2.5 million warrants at 83 rupees each. The shares later came off the high to trade up 2.2 percent at 66 rupees.
(10:38 a.m.)
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* Car maker Maruti Udyog Ltd (MRTI.BO: Quote) rose to a high of 902 rupees after it reported a 27 percent increase in August vehicle sales. The share was trading 2.9 percent higher at 893 rupees.
(10:34 a.m.)
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Top motorcycle maker Hero Honda Motors Ltd (HROH.BO: Quote) was up 1.6 percent at 658.95 rupees after posting a 12 percent increase in August sales.
(10:34 a.m.)
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* Fruit exporter Freshtrop Fruits Ltd (FRSH.BO: Quote) was up 2.09 percent at 127.30 rupees, off a high of 130.90 rupees, ahead of a board meeting on Monday to consider the issue of bonus shares.
(10:34 a.m.)
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* Parenteral Drugs India Ltd (PADG.BO: Quote) was up 5 percent at 188.75 rupees, ahead of a board meeting to consider the issue of bonus shares. Parenteral will also consider a rights issue.
(10:34 a.m.)

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