These three stocks emerged as the top gainers in today's volatile market
Welspun Enterprises, Mishtann Foods, and Knowledge Marine and Engineering Works are today’s mid-day movers.
Amid weak global cues, the stock market that opened on a negative note is trading flat on Thursday afternoon. At 12:45 pm, the S&P BSE Sensex was at 55,627.62 a 0.45 per cent gain. Let's find out why these stocks are gaining?
Welspun Enterprises, part of the Welspun Group, is an operating company in the infrastructure business. The company has received its single-largest order of Rs 4,636 crore from civic body Brihanmumbai Municipal Corporation (BMC) for the Dharavi Wastewater Treatment Facility. At 12:45 pm, the stock price, jumped 4.88 per cent and the scrip is currently trading at Rs 99.95.
Mishtann Foods is engaged in the business of growing agro-based products. It received a good response for Mishtann pink rock salt and has bagged orders from major retail stores for 1700 metric tons. At 12:45 pm, the stock price rallied 4.85 per cent and the scrip is currently trading at Rs 11.90.
Knowledge Marine & Engineering Works is engaged in the business of owning and operating Marine Crafts. The company has been awarded a contract of Rs 67.85 crore for Capital Dredging at Mangrol Fishing Harbour Phase III Part B by Dredging Corporation of India (DCI) on May 31, 2022, for 12 months. At 12:45 pm the scrip is currently trading flat at Rs 245.