Top three stocks that saw heavy demand from buyers in the pre-opening session today

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.

Key Takeaways

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 85 points or 0.11 per cent.

On the sectoral front, in the pre-opening session, metals jumped by 0.40 per cent, power zoomed by 0.10 per cent, and auto surged by 0.18 per cent.

Meanwhile, TVS Holdings Ltd, Mahindra & Mahindra Financial Services Ltd and Tamilnad Mercantile Bank Ltd emerged as the Top Gainers of BSE in the pre-opening session today.

 

TVS Holdings Ltd, an S&P BSE company, surged 4.86 per cent to trade at Rs 14,949.00 apiece. TVS Holdings reported a strong performance for Q1 FY27, with consolidated net profit rising 81.86 per cent year-on-year to Rs 610.25 crore compared with Rs 335.55 crore in the year-ago quarter. Revenue from operations increased 34.01 per cent YoY to Rs 17,076.18 crore, while EBITDA grew 36.1 per cent to Rs 2,789 crore. The company’s EBITDA margin improved to 16.3 per cent from 15.8 per cent in Q1 FY26.

Mahindra & Mahindra Financial Services Ltd, an S&P BSE company, gained 2.67 per cent to trade at Rs 360.00 apiece. Mahindra & Mahindra Financial Services Ltd reported a strong Q1 FY27 performance, with standalone profit after Tax (PAT) rising 70 per cent year-on-year to Rs 899 crore. The company’s assets under management (AUM) grew 13 per cent YoY, while disbursements increased 22 per cent to record the highest-ever first-quarter growth. Net interest margin (NIM) expanded to 7.3 per cent, up around 55 basis points YoY, while credit cost improved to 1.5 per cent during the quarter.

Tamilnad Mercantile Bank Ltd, an S&P BSE company, advanced 2.38 per cent to trade at Rs 838.00 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.