India Hot Stocks Fri Jan 4, 2008 12:36 PM IST

* Ramsarup Industries Ltd (RASW.BO: Quote) extended gains to a new high of 300 rupees after the steel-wire rope maker said it has secured an order worth 440 million rupees from the Indian Railways, to be executed this quarter. The stock is trading at 295.90 rupees, up 4.6 percent.

* Dhanlakshmi Bank Ltd (DNBK.BO: Quote) was up by its maximum daily limit of 5 percent at 131.25 rupees after the private sector lender said its board will meet on Jan. 14 to consider a rights share issue.

* Steel tubes maker ISMT Ltd (ISMT.BO: Quote) rose to a high of 138.50 rupees after 1.6 million shares, or 1.11 percent of its equity changed hands in a block deal on the BSE. Details of the buyer and seller were not immediately available. The stock is trading at 135.50 rupees, up 6.9 percent.

* Kopran Ltd (KPRN.BO: Quote) touched a new 52-week high of 46.35 rupees after the drug maker agreed to sell its over-the-counter brand SMYLE, to Maneesh Pharmaceuticals for 528.8 million rupees. The stock is trading at 45.75 rupees, still up 3.6 percent.

* Consolidated Finvest & Holdings Ltd (CONS.BO: Quote) rose by its maximum daily limit of 5 percent to 108.15 rupees after the photo film maker decided to spin off its investment business to a new firm, and merge another group firm with itself.

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