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

After a sharp decline in the previous trading session, domestic indices showed a positive turnaround today, largely driven by significant gains in the telecommunications, power, utilities, and oil & gas sectors. Broader indices made efforts to recuperate from the significant losses witnessed in yesterday’s trading session.

At 10:30 am, the BSE Sensex edged up by 0.05% reaching a level of 72,799. The Nifty 50 index gained 0.14% to the 22,028 level. On the Sensex, Mahindra & Mahindra, Larsen & Toubro and Bharti Airtel were among the top gainers, whereas JSW Steel, Tata Steel and State Bank of India were among the market draggers.

Some of the noteworthy volume movers are as follows:

1. Andhra Paper Ltd

   Andhra Paper Ltd observed a significant 16-fold increase in trading volume as its shares experienced a slight downturn, hitting an intraday low of Rs 477.20 per share on the BSE. The company specializes in the production of writing and printing paper, copier paper, as well as various specialty papers utilized in diverse applications such as photography, battery manufacturing, cup production, charts, and packaging solutions.

2. Kisan Mouldings Ltd

   Kisan Mouldings Ltd witnessed a remarkable 15-fold surge in trading volume, coupled with heightened buying interest, causing its shares to be locked at the 2% upper circuit and reaching a 52-week high of Rs 50.70 per share on the BSE. The company specializes in manufacturing PVC pipes, fittings, and allied products utilized for various purposes such as water management, irrigation, water distribution, cable ducting, drinking water systems, tube wells, and sewage disposal.

3. India Pesticides Ltd

   India Pesticides Ltd faced significant selling pressure, leading its shares to be locked at a 10% lower circuit, settling at Rs 227.70 per share on the BSE. The company stands as one of the leading agro-chemical manufacturers in India with a global presence, specializing in various technical products including Folpet, Thiocarbamate Herbicide, and several others.

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.