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 red with a loss of 74.07 points or 0.10 per cent. By 9.15 am, the index stood at 73,011.57 signifying a loss of 131.23 points or 0.18 per cent over its previous closing. 

On the sectoral front, in the pre-opening session, metals rose by 0.44 per cent, power gained 0.26 and auto rose by 0.27 per cent. 

Meanwhile, KPI Green Energy Ltd, Newgen Software Technologies Ltd and Infibeam Avenues Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 

KPI Green Energy Ltd, an S&P BSE company, surged 5.00 per cent to trade at Rs 1895.95 apiece. The company recently announced that it has won the tariff for 200MWAC (240MWp) grid connected Solar Photovoltaic Power Project through competitive bidding process vide RFS No. GUVNL/800 MW/Khavda/Solar (Phase XX) dated May 20, 2023 issued by GUVNL for Procurement of Power from 800 MW grid connected Solar Photovoltaic Power Projects located in Gujarat State Electricity Corporation Ltd (GSECL) Solar Park at Khavda (GSECL Stage 2) with Greenshoe option of additional capacity upto 800MW has been adopted by Gujarat Electricity Regulatory Commission (‘GERC’).

Newgen Software Technologies Ltd rallied 4.50 per cent to trade at Rs 837.00 apiece. The company announced that its wholly owned Subsidiary, Newgen Software Technologies Company Ltd, incorporated under the laws of the Kingdom of Saudi Arabia, has executed Agreements with a customer to provide solutions for the Digital Transformation of Card Origination Business. The aggregate value of the aforesaid agreements is USD 1.30 million.

Infibeam Avenues Ltd, an S&P BSE company, climbed 4.47 per cent to trade at Rs 36.00 apiece. The company announced investment of USD 10 million for the acquisition of a 20 per cent strategic stake in XDuce, a renowned enterprise Application and AI development company based in the United States.

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