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 123.51 points or 0.15 per cent. By 9.15 am, the index stood at 80,034.46 signifying a loss of 5.34 points or 0.01 per cent over its previous closing.
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On the sectoral front, in the pre-opening session, metals jumped by 1.10 per cent, power zoomed by 1.11 and auto soared by 0.39 per cent.
Meanwhile, SJVN Ltd, VST Industries LTD and TCNS Clothing Co. Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
SJVN Ltd, an S&P BSE company, surged 11.21 per cent to trade at Rs 156.75 apiece. The Company has received a Letter of Intent for allotment of Darzo Lui Pumped Storage Project from the Government of Mizoram. With an installed capacity of 2,400 MW, the Pumped Storage Project has been proposed across Darzo Nallah, a tributary of Tuipui river. The estimated cost of project on completion is Rs 13,947.50 crores including IDC & Financing costs at April 2023 Price Level. This is the first project of the company in the state of Mizoram
MMTC Ltd rallied 5.84 per cent to trade at Rs 128.66 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces.
VST Industries LTD, an S&P BSE company, climbed 7.90 per cent to trade at Rs 4290 apiece. The Board has recommended issue of bonus Shares in the ratio of 10:1 i.e. ten new bonus equity shares of Rs. 10/- each for every one existing equity share of Rs. 10/- each fully paid up subject to the approval of Members at the ensuing 93 Annual General. Meeting of the Company. The Board has fixed Friday, 30" August 2024 as the Record date to determine the eligibility of Members to receive bonus shares.
Disclaimer: The article is for informational purposes only and not investment advice.