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 270.69 points or 0.34 per cent. By 9.15 am, the index stood at 79,818.58 signifying a loss of 231.89 points or 0.29 per cent over its previous closing.
On the sectoral front, in the pre-opening session, metals soared by 0.14 per cent, power jumped 0.15 and auto rose by 0.07 per cent.
Meanwhile, Mahindra Lifespace Developers Ltd, Shilpa Medicare Ltd and Raymond Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
Mahindra Lifespace Developers Ltd, an S&P BSE company, surged 3.48 per cent to trade at Rs 631.25 apiece. The company closes deals worth rs 2050 crore, strengthening presence in key markets.
Shilpa Medicare Ltd rallied 3.44 per cent to trade at Rs 598.05 apiece. Shilpa’s CDMO customer reported positive results from pivotal clinical trial & placed binding purchase order.
Raymond Ltd, an S&P BSE company, climbed 3.20 per cent to trade at Rs 3035.95 apiece. Raymond Limited announced the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty Limited (RRL). Upon completion of this demerger, Raymond Ltd and Raymond Realty Limited (RRL) will operate as separate listed entities within the Raymond Group post all statutory approvals. The new entity will seek automatic listing on stock exchanges and according to the scheme of arrangement, each Raymond Ltd (RL) shareholder will receive 1 share of RRL for every 1 share held in Raymond Limited.
Disclaimer: The article is for informational purposes only and not investment advice.
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