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

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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 158 points or 0.19 per cent.

On the sectoral front, in the pre-opening session, metals dropped by 0.34 per cent, power plunged by 0.19 per cent, and auto slipped by 0.12 per cent.

Meanwhile, Garware Technical Fibres Limited, Power Mech Projects Limited and Indus Towers Limited emerged as the Top Gainers of BSE in the pre-opening session today.

 

Garware Technical Fibres Limited, an S&P BSE company, surged 5.46 per cent to trade at Rs 699.55 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. 

Power Mech Projects Limited, an S&P BSE company, climbed 4.49 per cent to trade at Rs 2,459.00 apiece. Power Mech Projects Limited announced that its wholly owned subsidiary, PM Green Private Limited, has received a large BESS (Battery Energy Storage System) contract from WBSEDCL for setting up a 250 MW/1,000 MWh facility at Goaltore, with an additional greenshoe option for another 250 MW/1,000 MWh at Durgapur, taking total revenue potential to Rs 3,126 crore. The project will follow a BOO model with a 15-year term (extendable by 5 years) and an 18-month Construction period. Management said the contract marks a major step in the company’s renewable energy strategy and showcases its capability to execute large, complex energy storage projects.

Indus Towers Limited, an S&P BSE company, rose 4.42 per cent to trade at Rs 450.00 apiece. Indus Towers Limited informed the stock exchanges that NSE Sustainability Ratings and Analytics Limited has independently assigned the Company an ESG Rating of 70 for FY 2025, reflecting a 1-point improvement over the previous rating of 69. The Company clarified that it did not engage NSE Sustainability for this assesSMEnt, which was based solely on public disclosures.

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