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 237.80 points or 0.3 per cent. By 9.17 am, the index stood at 78,519.94 signifying a loss of 262.3 points or 0.33 per cent over its previous closing.

On the sectoral front, in the pre-opening session, metals dropped by 0.48 per cent, power plunged by 0.24 and auto slipped by 0.31 per cent.

Meanwhile, Tilaknagar Industries Ltd, Procter & Gamble Health Ltd and Power Mech Projects Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 

Tilaknagar Industries Ltd, an S&P BSE company, surged 6.49 per cent to trade at 310.25 apiece. The company has has announced its financial results for the quarter ended September 30, 2024.

Net revenue from operations grew 5.8 per cent to Rs. 374.9 crore v/s Rs. 354.4 crore; slowdown in growth was driven by the transition to a new policy in our key state. PAT excl. exceptional items increased by 82.4 per cent to Rs. 58.2 crore from Rs. 31.9 crore

Procter & Gamble Health Ltd rallied 5.23 per cent to trade at Rs 5,555 apiece. The company has announced its financial results for the quarter ended September 30, 2024. The company reported sales of Rs. 310 crores, up 3 per cent vs. year ago. The company reported Profit After Tax (PAT) of Rs 82 crores, up 26 per cent  vs. year ago. Operational PAT is up 8 per cent  vs. year ago, excluding one-time impact in the base period.

Power Mech Projects Ltd, an S&P BSE company, climbed 3.31 per cent to trade at Rs 3028.85 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. 

Disclaimer: The article is for informational purposes only and not investment advice.