Even as the market is trading in red, these stocks are still green!

Acrysil Ltd and Shri Bajrang Alliance Ltd have gained almost 7 per cent since the market opened.

From yesterday markets continued to be dominated by the bearish sentiments. Most sectors are trading in red and at 12:40 pm, the S&P BSE is at 53,052, a decline of 0.24 per cent. Regardless of this volatility, these stocks have rallied! 

Acrysil is engaged in the manufacturing and trading of Quartz Kitchen Sinks, Stainless Steel Kitchen Sinks, Bath Products, Tiles, Kitchen Appliances and Accessories. The company informed that its capacity expansion of 160,000 units of Quartz Kitchen Sinks at its Bhavnagar plant in Gujarat has been completed. From today i.e. June 28 2022, the company has commenced the commercial production of additional 160,000 units. The manufacturing capacity of Quartz Kitchen Sinks has expanded from 840,000 units to 1,000,000 units per annum. The shares are up by 8.56 per cent and the scrip is trading at Rs 618.40.

Shri Bajrang Alliance Limited (SBAL) is engaged in the manufacturing of structural steel products. The company announced that it has signed a contract with Abu Dhabi based, LULU Group, for the supply of GOELD Frozen Food items in their middle East Markets and also through their Indian network. It has received purchase orders for the first 2 lots. The shares jumped by 7.45 per cent and the scrip is trading at Rs 178.10.