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 green with a gain of 79.84 points or 0.13 per cent. By 9.15 am, the index was trading flat at the level of 60,135.75, signifying gains of 42.78 points or 0.07 per cent.
On the sectoral front, in the pre-opening session, metals were beaten down by 0.11 per cent, power was up by 0.08 per cent whereas auto was up by 0.05 per cent.
Meanwhile, National Standard India Ltd, Kitex Garments Ltd and Mangalore Refinery & Petrochemicals Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
National Standard India Ltd surged 10 per cent to trade at Rs 7,537.95 apiece. With this, the company's shares have hit their upper circuit. Last week, the company announced its Q3FY23 results. As per the exchange filing, the company's topline grew by approximately 100 per cent.
Kitex Garments Ltd, an S&P BSE SmallCap company, rallied 3.61 per cent to trade at Rs 193.90 apiece. The company had conducted its board meeting last week. In the meeting, the board has inter-alia approved the following: 1. To make investments, give loans, guarantees or provide security under section 186 of the Companies Act, 2013 read with Regulation 23 of SEBI Listing Regulations. 2. Material RPT by the Company with Kitex Apparel Parks Limited (KAPL).
Further, Mangalore Refinery & Petrochemicals Ltd, an S&P BSE 500 company, climbed 3.11 per cent to trade at Rs 59.60 apiece. The company has not made any significant announcements of late. Hence, the rally in their share prices could be driven purely by the market forces.