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

The domestic indices were in negative territory, affected by substantial losses in the auto, capital goods, and information technology sectors. In contrast, BSE Healthcare garnered investor interest in the midst of an overall dismal market, posting robust gains of more than 1%.The broader indices mirrored the decline observed in the main indices.

At 10:45 am, the BSE Sensex plunged 0.76%, reaching a level of 71,720. The Nifty 50 index fell 0.69% to the 21,592 level. On the Sensex, Sun Pharmaceutical Industries, Bharti Airtel and Bajaj Finance were among the top gainers, whereas UltraTech Cement, Mahindra and Mahindra and Larsen & Toubro (L&T) were among the market draggers.

Some of the noteworthy volume movers are as follows:

S H Kelkar and Company Ltd

S H Kelkar and Company Shares of the small-cap company experienced a 24-fold surge in trading volume, reaching an intraday high of Rs 150.60 per share on the BSE. The company is one of India’s largest fragrance companies with an ever-expanding global presence, both organically and through acquisitions. It reaches over 90 countries, and its sensorial offerings span a large variety of flavours, fragrances, and aroma ingredients.

Allcargo Logistics Ltd

Allcargo Logistics ltd Shares surged by over 18% in an otherwise weak market, accompanied by an 9-fold increase in trading volume. This uptick occurred as shares were actively traded on a record date for the bonus issue of 3:1. The company specializes in providing integrated logistics solutions and offers a range of specialized logistics services, including multimodal transport operations, inland container depot services, container freight station operations, and more.

Lemon Tree Hotels Ltd

Lemon Tree Hotels Shares experienced a nine-fold surge in volume, reaching a new 52-week high of Rs 130.90 per share on the BSE. The company stands as one of the largest hotel chains in India, operating across both the upscale and mid-priced sectors, which include the upper-midscale, midscale, and economy segments.

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.