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 91.78 points or 0.11 per cent. By 9.17 am, the index stood at 81,621.52 signifying a loss of 198.60 points or 0.24 per cent over its previous closing.
On the sectoral front, in the pre-opening session, metals dropped by 0.4 per cent, power zoomed by 0.88 and auto soared by 0.68 per cent.
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Meanwhile, Rallis India Ltd, PNC Infratech Ltd and CIE Automotive India Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
Rallis India Ltd, an S&P BSE company, surged 10.65 per cent to trade at 355.85 apiece. The company has announced its financial results for the quarter and half year ended September 30, 2024
Company said,” We had a strong Q2’ FY25 performance helped by double digit growth in the domestic market, both in the Crop Care and Seeds business. Revenue increased by 11 per cent to reach ₹928 crore and Profit after Tax increased by 21 per cent to reach ₹ 98 crore. Domestic Crop Care delivered volume led revenue growth of 11 per cent with prices impacting overall realization. Seeds revenue was up by 48 per cent due to better Kharif liquidation. International business had volume recovery though prices continue to be a challenge.”
PNC Infratech Ltd rallied 5.30 per cent to trade at Rs 469.70 apiece. The company has received Letters of Acceptance dated 14.10.2024 from Maharashtra State Road Development Corporation (MSRDC) for trvo (2) EPC Road Projects worth Rs 2,268 and Rs 2,362 crores respectively.
S.J.S. Enterprises Ltd, an S&P BSE company, climbed 4 per cent to trade at Rs 1,054 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.