Mid-day Movers: Indiabulls, MM Forgings and Balaji Telefilms are the top gainers of BSE!

Shares of Indiabulls Real Estate Ltd, M.M. Forgings Ltd and Balaji Telefilms Ltd have rallied in today’s trading session.

While markets opened flat, as of noon, S&P BSE – 500 declined by 1.19 per cent. 

Indiabulls Real Estate Ltd gained more than 12 per cent  

Indiabulls Real Estate Limited is a holding company, which is engaged in the development of real estate projects and allied activities. The share price of the company has jumped 12 per cent in the first half of today's trading session after clarification on the ED investigation. The company clarified that the Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company. The stock hit a high price of Rs 116.90 and a low of Rs 104.60 during the session.  

MM Forgings Ltd jumps more than 3 per cent 

MM Forgings Limited is engaged in the business of manufacturing Steel Forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless steel. The company has got upward momentum in the first half of today's trading session. The company has rallied 16.77 per cent in the last five days. 

Balaji Telefilms ascends more than 6 per cent 

Balaji Telefilms Ltd is in the business of production of films, event business, B2C and B2B digital content business and operates a subscription-based video on demand (SVOD) over the top (OTT) platform, distribution of films. The share price of the company has rallied more than 6 per cent in the first half of today's trading session. The stock has been in an uptrend for the past six months, increasing more than 37 per cent from Rs 57.85 on August 23, 2021, to Rs 79.7 on February 22, 2022.