Top three stocks that saw heavy demand from buyers in the pre-opening session today

These three stocks were the top gainers on BSE in the pre-opening session today.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 248.90 points or 0.40 per cent. By 9.15 am, the index further weakened to 61,512.13, signifying loss of 286.90 points or 0.46 per cent.

On the sectoral front, in the pre-opening session, metals and power weakened by 0.60 per cent whereas auto slipped by 0.50 per cent.

Meanwhile, Krishna Institute of Medical Sciences Ltd, Venky's India Ltd and Nava Ltd emerged as the Top Gainers of BSE in the pre-opening session today. Barring Nava Ltd, the other two companies have not made any significant announcements of late. Hence, the rally in their share prices could be driven purely by the market forces. 

Krishna Institute of Medical Sciences Ltd, an S&P BSE 500 company, surged 12.98 per cent to trade at Rs 1599.90 apiece.

Venky's India Ltd, an S&P BSE SmallCap company, rallied 7.18 per cent to trade at Rs 2124.95 apiece.

Nava Ltd, another S&P BSE SmallCap company, climbed 5.73 per cent to trade at Rs 213 apiece. Yesterday, the company announced that The Arbitral Tribunal has issued a “Consent Award” settling all the claims and confirming the payment plan to liquidate the outstanding arrears following an agreement reached between MCL and ZESCO. To give a brief background, the company’s step-down down subsidiary, Maamba Collieries Limited (MCL), has been pursuing International Arbitration against Zambia Electricity Supply Corporation Limited (ZESCO) for outstanding receivables.