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 548.02 points or 0.92 per cent. By 9.15 am, the index strengthened to 59,958.74, signifying gains of 113.45 points or 0.19 per cent.
On the sectoral front, in the pre-opening session, metals got hammered by 1 per cent, power weakened by 1.64 per cent whereas auto slipped by 0.69 per cent.
Meanwhile, Morepen Laboratories Ltd, GRM Overseas Ltd and Dhanuka Agritech Ltd emerged as the Top Gainers of BSE in the pre-opening session today. Barring Dhanuka Agritech 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.
Morepen Laboratories Ltd, an S&P BSE SmallCap company, surged 10.92 per cent to trade at Rs 47.25 apiece.
GRM Overseas Ltd, rallied 7.44 per cent to trade at Rs 329.95 apiece. This surge comes after the company's shares touched a new 52-week low of Rs 300.70 on Friday, December 23.
Dhanuka Agritech Ltd, another S&P BSE SmallCap company, climbed 5.28 per cent to trade at Rs 699.50 apiece. This rally came after the company shared the buy-back announcement. The buy-back activity will take place from December 26, 2022 to January 6, 2023.