India Hot Stocks: Aurobindo Pharma rides up on Pfizer deal

(Adds Aurobindo Pharma)

MUMBAI, March 3 (Reuters) - The following stocks were on the move at the BSE on Tuesday.

At 2:20 p.m. the benchmark 30-share BSE index .BSESN was down 0.2 percent at 8,589.46 points.

The 50-share National Stock Exchange Index .NSEI was flat at 2,675 points.

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* Aurobindo Pharma Ltd (ARBN.BO) reversed losses to ride up more than 11 percent after the world's top drug maker, Pfizer Inc (PFE.N), said it had agreed to license an array of generic pills and injectables medicines from the Indian drug maker. Aurobindo shares are up 9.1 percent at 160.50 rupees.

(2:19 p.m.)

(bharghavi.nagaraju@thomsonreuters.com)

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* Subhash Projects and Marketing Ltd SUBH.BO extended gains and rose as much as 7.19 percent after the company won an order worth 693.7 million rupees from the Karnataka Urban Water Supply and Drainage Board.

Shares were up 4.58 percent at 40 rupees.

(1.59 p.m.)

(nandita.bose@thomsonreuters.com) ----------------------------------------------

* Gemini Communication (GEMC.BO) extended gains and hit an intraday high of 14.29 rupees after it said it won an order worth 670 million rupees from Bharat Sanchar Nigam Ltd.

Shares were up 8.9 percent at 14.20 rupees.

(12.58 p.m.)

(aniruddha.basu@thomsonreuters.com)

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* Turbine maker Suzlon Energy (SUZL.BO) extended gains to a high of 40.10 rupees after a unit won an order to supply 80 turbines to a Chinese power company. The shares later eased to 39.65, still up 3 percent.

(12:54 p.m.)

(ketan.bondre@thomsonreuters.com).

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* Shares in IVRCL Infrastructures and Projects Ltd (IVRC.BO) turned positive after the construction company said it won orders worth 6.7 billion rupees.

The shares were up 1.43 percent at 106.65 rupees.

(12:16 p.m.)

(ketan.bondre@thomsonreuters.com)

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* Shares in TV Today Network Ltd (TVTO.BO) rose 7.4 percent after the firm said it plans to buyback up to 10 percent of the equity at a maximum 115 rupees each. Shares were up 5.55 percent at 59.95 rupees.

(11.36 a.m.)

(swati.pandey@thomsonreuters.com)

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* Shares in PBA Infrastructure (PBAI.BO) rose as much as 13.54 percent in early trade after it won a road project worth 430.36 million rupees late on Monday.

Shares were up 12.66 percent at 25.8 rupees.

(10.08 a.m.)

(nandita.bose@thomsonreuters.com)

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* Tata Motors (TAMO.BO), India's largest vehicle maker, rose as much as 2.8 percent after Economic Times reported it was in talks to raise about $100 million by selling a stake in a group firm. Shares were up 1.96 percent at 148.5 rupees. Dealers, however, said the counter could see some selling pressure later in the day.

(10.06 a.m.)

(swati.pandey@thomsonreuters.com)

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* Ambuja Cements Ltd (ABUJ.BO) rose as much as 2.5 percent after India's thid-largest cement-maker said its shipments in February rose an annual 11.3 percent to 1.65 million tonnes. Shares were up 2.3 percent at 64.55 rupees.

(9.58 a.m.)

(swati.pandey@thomsonreuters.com)

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