Top three stocks that saw heavy demand from buyers in the pre-opening session today

These three stocks were the top gainers on BSE in the pre-opening session today

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 450.34 points or 0.68 per cent. By 9.15 am, the index further weakened and stood at 66,618.55 signifying a loss of 65.71 points or 0.10 per cent over its previous closing.

On the sectoral front, in the pre-opening session, metals fell by 0.25 per cent, power gained 0.15 and auto rose by 0.03 per cent.

Meanwhile, Aarti Drugs Ltd Titagarh Rail Systems Ltd and CreditAccess Grameen Ltd emerged as the Top Gainers of BSE in the pre-opening session today.

Aarti Drugs Ltd, an S&P BSE company, surged 12.02 per cent to trade at Rs 571.95 apiece.  On July 21, the company announced its financial results for the quarter ended June 30, 2023 reporting a YoY jump of 38.8 per cent in net profit to Rs 48 crore. The company also announced that the board of directors of the company have approved buyback not exceeding 6,65,000 fully paid-up equity shares for Rs 900 per equity share, payable in cash for an aggregate amount of up to Rs 59.85 crore.

Titagarh Rail Systems Ltd rallied 9.17 per cent to trade at Rs 671.25 apiece.  The company posted excellent financial performance for the quarter ended June 30, 2023 with a net profit of Rs 61.78 crore compared to the loss of Rs 6.46 lakh from previous year’s same quarter.

CreditAccess Grameen Ltd, an S&P BSE company, climbed 6.24 per cent to trade at Rs 1393.40 apiece. The company also posted robust financial performance for the quarter ended June 30, 2023 with 151 per cent jump in net profit to Rs 348 crore driven by higher loan sales, better asset quality.

Disclaimer: The article is for informational purposes only and not investment advice.