Stocks in high demand: Top three Group A stocks that surged in the pre-opening session today

Two of these three stocks rally ahead of their ex-dividend date next week.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 66.94 points or 0.11 per cent. By 9.15 am, the index further strengthened to 60,464.26, signifying gains of 349.13 points or 0.58 per cent. 

On the sectoral front, in the pre-opening session, metals shined by 0.6 per cent, power strengthened by 0.08 per cent while auto surged 0.5 per cent. 

Meanwhile, Apollo Pipes, Valiant Organics, and Forbes & Company emerged as the Top Gainers of BSE in the pre-opening session today. 

Apollo Pipes Ltd, an S&P BSE Smallcap company, surged 4.40 per cent to trade at Rs 544 apiece. The company had announced a dividend of Re 1 per equity share, representing 10 per cent of the face value of Rs 10 per equity share. The ex-date for dividend disbursement is September 19, 2022. 

Valiant Organics Ltd, another S&P BSE Smallcap company, rallied 4.37 per cent to trade at Rs 754 apiece. The company had announced a dividend of Rs 3.5 per equity share, representing 35 per cent of the face value of Rs 10 per equity share. The ex-date for dividend disbursement is September 20, 2022. 

Meanwhile, Forbes & Company Ltd climbed 4.05 per cent to trade at Rs 754.80 apiece. The company has not made any significant announcements of late. Hence, the rally in its share price could be driven purely by market forces.