Mid-day movers: JK Cement, Rane Brake Lining and HG Infra are BSE top gainers!

Shares of JK Cement, Rane Brake Lining and HG Infra Engineering Ltd have rallied in today’s trading session.

While markets opened high, as of noon, BSE Sensex was up by 1.59 per cent. 

HG Infra Engineering Ltd gained more than 10 per cent 

HG Infra Engineering Limited (HGIEL) is an Indian Road Infrastructure company engaged in the business of engineering, procurement and construction (EPC) services, maintenance of roads, bridges, flyovers and other infrastructure contract works. The share has rallied more than 10 per cent in the first half of today's trading session. The company has given investors stellar returns of 108.77 per cent over the last year. The share price of the company stood at Rs 283.2 on March 16, 2021, and since then, it has increased investor wealth by more than 2 times.

Rane Brake Lining jumps more than 6 per cent 

Rane Brake Lining (RBL) is part of the Rane Group of Companies. The company manufactures friction material products such as brake linings, disc pads, clutch facings, clutch buttons and railway brake blocks. The company’s stock soared 6.03 per cent in early trade on Wednesday. On March 15, 2022, promoter Rane Holdings bought 1.3 lakh shares in Rane Brake Lining via open market transactions at an average price of Rs 605.94 per share. 

JK Cement Ltd ascends more than 5 per cent 

Shares of the company engaged in the manufacturing and selling of cement and cement related products have rallied more than 5 per cent in the first half of today's trading session. The stock hit a high price of Rs 2,476 and a low of Rs 2,321 during the session. Yesterday the company received approval for re-classification of Rarnapati Singhania and Kavita Y. Singhania from the 'Promoter Group' Category to 'Public' Category.