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 811.51 points or 1.23 per cent. By 9.15 am, the index stood at 66,965.74 signifying a gain of 63.83 points or 0.10 per cent over its previous closing. 

On the sectoral front, in the pre-opening session, metals rose by 0.26 per cent, power gained 0.48 and auto rose by 0.28 per cent. 

Meanwhile, PCBL Ltd, Metro Brands Ltd and PSP Projects Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 

PCBL Ltd, an S&P BSE company, surged 5.86 per cent to trade at Rs 281.95 apiece. On November 29, the company’s board approved the term sheet for entering into a joint venture with Kinaltek Pty Limited. The Company shall own 51 per cent of the shareholding in the joint venture company, and shall be infusing a consideration of USD 16 million in the JV Company and a commitment to infuse funds up to USD 28 million in stages in the JV Company, for setting up a manufacturing facility.

Metro Brands Ltd rallied 3.46 per cent to trade at Rs 1371.50 apiece. On November 29, the New York-based speciality athletic retailer Foot Locker, Inc. announced the signing of a long-term licensing agreement with Metro Brands Ltd and Nykaa Fashion.

PSP Projects Ltd, an S&P BSE company, climbed 2.66per cent to trade at Rs 776.85 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces. 

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