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 117.43 points or 0.15 per cent. By 9.16 am, the index stood at 79,150.22 signifying a gain of 67.83 points or 0.09 per cent over its previous closing.
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On the sectoral front, in the pre-opening session, metals jumped by 0.05 per cent, power zoomed by 0.15 and auto slipped by 0.15 per cent.
Meanwhile, Satin Creditcare Network Ltd, BASF India Ltd and Mahindra Lifespace Developers Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
Satin Creditcare Network Ltd an S&P BSE company, surged 8.68 per cent to trade at Rs 169 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.
BASF India Ltd rallied 5.86 per cent to trade at Rs 5780.05 apiece. The company has announced that its Board of Directors has granted in-principle approval for the demerger of its Agricultural Solutions business into a separate listed entity. This move aligns with BASF SE’s global strategy of differentiation and simplification and aims to enhance operational flexibility and value creation. The business, contributing Ra 20,064.6 million (14.57 per cent of FY24 revenues), is part of BASF SE's plan for potential global IPO readiness by 2027. An Independent Committee has been formed to explore and evaluate the demerger process.
Mahindra Lifespace Developers Ltd an S&P BSE company, climbed 5.74 per cent to trade at Rs 494.45 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.