Market Movers: Here are today’s high-volume buzzers!

At 11:23 am, the BSE Sensex surged 0.14%, reaching a level of 76,800. The Nifty 50 index is up 0.23% to the 23,343 level. On the Sensex, Ultratech Cement Ltd, Power Grid Corporation Ltd and Nestle India Ltd were among the top gainers, whereas HCL Technologies Ltd, Infosys Ltd and Tech Mahindra Ltd were among the market draggers.

Some of the noteworthy volume movers are as follows:

Mphasis Ltd

Recording a significant 33-fold surge in trading volume, the shares plunged by 4% today. Mphasis a global Information Technology (IT) solutions provider specializing in providing cloud and cognitive services, applies next-generation technology to help enterprises transform businesses globally. Mphasis Ltd is a mid-sized player catering to the IT/ ITeS/ BPO industry in various domains such as banking and capital markets, communication, insurance, etc. The company has strong domain expertise and offers a wide range of services.

Barbeque-Nation Hospitality Ltd

Witnessing a substantial 29-fold surge in trading volume, the shares surged 4.8%, reaching an intraday high of Rs 560 on the BSE. Incorporated in 2006, Barbeque Nation is one of the leading casual dining chains in India. Barbeque Nation Hospitality Limited (BNHL) is a pioneer in “over-the-table barbeque” live grills embedded in dining tables. Having a significant presence in India’s hospitality sector, Barbeque Nation is one of the most visited and widely recognized restaurant brands in the rapidly growing casual dining restaurant market of India.

Caplin Point Laboratories Ltd

Experiencing a remarkable surge in trading volume of 8 times, the shares surged 13% to Rs 1,543 per share on the BSE from its previous closing of Rs 1,395.95. Caplin Point Laboratories Ltd is engaged in the manufacturing and sourcing of APIs, finished formulations, R&D, and clinical research with a presence in Latin America, Africa, USA and other nations. Presently, the company has a very wide portfolio of pharma products with 4,000+ registered products, 650+ formulations and a presence in 36 therapeutic segments.

Jindal Steel & Power Ltd

Experiencing an impressive 7-fold surge in trading volume, the shares surged 0.62% today. Jindal Steel & Power Ltd is one of India’s leading steel producers with a significant presence in sectors like mining and power generation. The group has a global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.