As Tuesday began on a green note, these stocks are gaining!

Premier Explosives Ltd, Apollo Tyres Ltd and Shakti Pumps Ltd are today’s mid-day movers.

Finally, the market slump ended today. At 2:15 pm the S&P BSE Sensex is at  57,230.78 witnessing a 1.13 per cent gain and NIFTY is at 17,155.70 witnessing a 1.19 per cent gain. In this positive environment, the following stocks saw a surge.

Premier Explosives Ltd is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM. Premier Explosives has bagged an order worth Rs 57.90 crore from the Ministry of Defence, Government of the Republic of India for procurement of 50 MM MTV Flares to be delivered within twelve months from the effective date of contract. Today, at 2:15 pm the stock has jumped 2.51 per cent and the scrip is currently trading at Rs 387.50.

Apollo Tyres Limited is an Indian Multinational tyre manufacturing company. Recently it has announced that it has opened its digital hub in London and has partnered with Glasgow University to work in areas like artificial intelligence, machine learning and data mapping. This will help them to improve their manufacturing efficiency, quality and sustainability. At 2:15 pm the stock has jumped 5.26 per cent and the scrip is currently trading at Rs 202.15. 

Shakti Pumps (India) Ltd is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications. It has invested Rs 50 lakh in its wholly-owned subsidiary, Shakti Green Industries, by subscribing to 5 lakh equity shares of Rs 10 each. The consolidated investment is Rs 51 lakh after subscribing to the aforesaid equity shares. At 2:15 pm the stock has jumped 4.23 per cent and the scrip is currently trading at Rs 556.20