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 47.20 points or 0.06 per cent. By 9.15 am, the index stood at 79,246.21 signifying a loss of 221.80 points or 0.28 per cent over its previous closing.
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On the sectoral front, in the pre-opening session, metals jumped by 0.04 per cent, power zoomed by 0.59 and auto soared by 0.21 per cent.
Meanwhile, Authum Investment & Infrastructure Ltd, Kirloskar Oil Engines Ltd and Chemplast Sanmar Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 79,246.21
Authum Investment & Infrastructure Ltd, an S&P BSE company, surged 7.96 per cent to trade at Rs 1159.20 apiece. There is a Resignation of Mr. Vimal Ajmera as Non-Executive Independent Director of the Company and the company has decided not to go ahead with raising of funds by way of QIP, Preferential allotment, etc. at present.
Kirloskar Oil Engines Ltd rallied 5.08 per cent to trade at Rs 1225.55 apiece. The company has announced its first Quarterly Results of Q1FY25 where company reports highest ever Q1 Sales for the standalone business. Revenue growth of 6 per cent for the quarter Y-o-Y, EBITDA margin at 12.9 per cent for the quarter.
Chemplast Sanmar Ltd, an S&P BSE company, climbed 5.03 per cent to trade at Rs 586.60 apiece. The company has reported total revenues of Rs 1,145 crore with an EBITDA of Rs 124 crore, an 11 per cent margin during Q1FY25. The first quarter of the financial year has started on a positive note registering a noteworthy profitability, showing a sign of improvement both on Y-o-Y and on a sequential basis.
Disclaimer: The article is for informational purposes only and not investment advice.