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 green with a gain of 154.99 points or 0.19 per cent.
On the sectoral front, in the pre-opening session, metals slipped by 0.02 per cent, power zoomed by 0.3 and auto soared by 0.7 per cent.
Meanwhile, RR Kabel Ltd, Netweb Technologies India Ltd and Redtape Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
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RR Kabel Ltd, an S&P BSE company, surged 15.04 per cent to trade at Rs 1,179.80 apiece. The company has approved a significant capacity expansion at its Waghodia and upcoming Silvassa units. At the Waghodia facility, the company will add 36,000 MT per annum to its existing 67,200 MT capacity for wires and cables, with investment of around Rs 1,050 crore by March 2028. At Silvassa, the first phase of 12,000 MT will become operational by March 2026, followed by an additional 6,000 MT by December 2026. The combined Silvassa investment is estimated at Rs 400 crore. Both projects will be financed through internal accruals and debt to meet rising demand.
Netweb Technologies India Ltd, an S&P BSE company, jumped 10.04 per cent to trade at Rs 1,563.05 apiece. The company reported its highest-ever annual performance with operating income of Rs 11,584 million and PAT of Rs 1,145 million for FY25. In Q4 FY25 alone, the company posted an operating income of Rs 4,147 million, marking a 55.9 per cent YoY growth. Operating EBITDA stood at Rs 598 million with a margin of 14.4 per cent, while PAT rose 45.0 per cent YoY to Rs 430 million with a margin of 10.3 per cent. The company reported a net debt of Rs (1,621.3) million and an order book of Rs 3,252 million as of March 2025. Income from AI systems surged 112.0 per cent YoY, contributing 14.8 per cent to total operating revenue. The Board also declared a final dividend of Rs 2.50 per share for FY 2025.
Redtape Ltd, an S&P BSE company, rose 7.32 per cent to trade at Rs 140.00 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.