Top three stocks that saw heavy demand from buyers in the pre-opening session today
Prajwal DSIJCategories: Mindshare, Trending
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 20.95 points or 0.03 per cent.
On the sectoral front, in the pre-opening session, metals jumped by 0.10 per cent, power zoomed by 0.19 per cent, and auto surged by 0.22 per cent.
Meanwhile, Avanti Feeds Ltd, Garware Hi-Tech Films Ltd and Oracle Financial Services Software Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
Morepen Laboratories Ltd, an S&P BSE company, surged 12.85 per cent to trade at Rs 44.36 apiece.
Morepen Laboratories Ltd has secured a multi-year Contract Development and Manufacturing Organisation (CDMO) mandate worth Rs 825 crore (around USD 91 million) from a leading global pharmaceutical company, marking one of the largest single CDMO deals in its history. Supplies are expected to begin within the next 4–5 months and continue through Q1 of the following financial year, subject to regulatory approvals. The deal strengthens Morepen’s presence in regulated markets, backed by USFDA, WHO-GMP and EU-approved facilities, and underscores its strategic expansion into long-term global manufacturing programs.
Jai Balaji Industries Ltd, an S&P BSE company, climbed 9.07 per cent to trade at Rs 69.00 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.
Kitex Garments Ltd, an S&P BSE company, gained 5.67 per cent to trade at Rs 196.65 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.