The market on Tuesday was a mix of ups and downs. After a quiet start, Indian equity indices couldn’t maintain their record highs and ended flat, breaking a three-day rallying streak. During the session, the Sensex and Nifty briefly crossed 85,000 and 26,000, respectively. By the end of trading, the Nifty settled at 25,939.05, while the Sensex closed at 84,928.61. Despite the volatility, some stocks stood out as top performers today.
As the market opens at 9:00 AM today, we present 20 stocks to consider adding to your watchlist. Here are ten stocks with the highest trading volume and ten stocks based on their performance at yesterday’s market close.
Top 10 stock performers today from NIFTY 500
Based on the closing figures of 24rd September 2024:
| Sno | Symbol | CMP | Performance |
| 1 | ASTRAZEN | 7720.00 | 14.40 % |
| 2 | JMFINANCIL | 142.00 | 11.01 % |
| 3 | SCHNEIDER | 849.90 | 9.42 % |
| 4 | KPRMILL | 1015.50 | 8.55 % |
| 5 | NATIONALUM | 192.20 | 6.64 % |
| 6 | GPIL | 1049.70 | 6.18 % |
| 7 | FSL | 334.00 | 6.15 % |
| 8 | SAPPHIRE | 372.00 | 5.53 % |
| 9 | KNRCON | 344.50 | 4.95 % |
| 10 | PAYTM | 683.45 | 4.90 % |
Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. Past performance is not indicative of future results.
Understanding the Top 5 stocks of the list:
AstraZeneca Pharma India Ltd:
AstraZeneca India, founded in 1979, is headquartered in Bengaluru, Karnataka. AstraZeneca Pharma India Ltd. (AZPIL) produces and sells pharmaceuticals in areas like cancer, cardiovascular, respiratory, gastrointestinal, neurosciences, and infection. It’s supported by AstraZeneca plc, a global biotech company from England. As of 24th September 2024, its stock delivered a one-year return of 71.87% and a three-year return of 155.57%. In FY2024, the company maintained a dividend payout of 39.3% and earned a net profit of Rs. 162 crore. For the quarter ending June 2024, AZPIL reported a year-on-year revenue growth of 29%. (Source: Annual Report)
JM Financial Ltd.:
JM Financial Ltd. is a financial services group with over 50 years of experience. It offers mortgage lending, distressed credit services, and asset management. The company advises corporations, governments, institutions, and high-net-worth individuals. It also manages investment banking and private equity funds. By FY2024, its private wealth management AUM grew 21% year-on-year, reaching Rs.68,105 crore. Retail wealth management AUM stood at Rs.28,795 crore. JM Financial reported a total income of Rs.4,832 crore, with a net worth of Rs.8,438 crore for FY2024. For the June 2024 quarter, it posted a net profit of Rs.170.70 crore. (Source: Annual Report)
Schneider Electric Infrastructure Limited:
Schneider Electric Infrastructure Limited, founded in 2011, specializes in manufacturing, designing, building, and servicing advanced products and systems for electricity networks. Their product range includes transformers, switchgears (Primary and Secondary), medium voltage switchgear, protection relays, and smart grid solutions. They also offer systems for electricity distribution management, e-House, and smart city applications. The company operates in over 100 countries and filed over 1,000 patent applications globally in 2023. For FY2024, Schneider Electric reported sales of Rs.2,206.7 crore, a 24.2% year-on-year growth. The profit after tax (PAT) stood at Rs.172 crore, reflecting a 39.1% increase, while order inflows reached Rs.1,950.7 crore, growing 26.9%. (Source: Annual Report)
KPR Mill Ltd.:
KPR Mill is a key player in yarn, fabrics, garments, ethanol, and sugar production. It offers a variety of textiles, from ready-made apparel to yarns like compact and polyester. Its brand, FASO, brings top-quality 100% organic innerwear and athleisure wear to the Indian market. In FY2024, KPR’s revenue was Rs. 6126.94 crore, with a PAT of Rs. 805.35 crore and a net worth of Rs. 4358.23 crore. The company exports to over 60 countries and is valued at 2.3 billion USD, earning a spot on Forbes India’s ‘Top 100 Richest’ list. As of 19th September 2024, its stock had a PE ratio of 33.11, slightly lower than the sector’s PE of 37.06, and showed a strong 3-year CAGR revenue growth of 19.7%. (Source: Annual Report)
National Aluminium Company Limited:
National Aluminium Company Limited (NALCO), established in 1981, is one of India’s leading producers of Alumina and Aluminium. As a Navaratna company under the Ministry of Mines, it operates one of the largest Bauxite-Alumina-Aluminium-Power complexes in the country and Asia. In FY2024, NALCO achieved a PAT of Rs. 2,059.95 crore and had an export turnover of Rs. 4,276 crore, with total income reaching Rs. 13,399.86 crore. Its alumina refinery produced 21,24,000 MT of Alumina Hydrate, surpassing the normative capacity of 21,00,000 MT, resulting in 101.15% capacity utilization. (Source: Annual Report)
Top 10 volume gainers from NIFTY 500
Based on the trade volume of 24th September 2024 vs the past one week’s average:
| Sno | Symbol | Volume | Volume Change % |
| 1 | ASTRAZEN | 1598702 | 27216.9 % |
| 2 | SAPPHIRE | 11379551 | 1733.96 % |
| 3 | SCHNEIDER | 5559888 | 881.12 % |
| 4 | GPIL | 3754032 | 791.42 % |
| 5 | IEX | 121891250 | 662.97 % |
| 6 | FSL | 31733407 | 540.45 % |
| 7 | AMBER | 3055636 | 515.98 % |
| 8 | CHALET | 669183 | 509.62 % |
| 9 | IPCALAB | 1459827 | 429.4 % |
| 10 | WELCORP | 2352362 | 394.16 % |
Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. Past performance is not indicative of future results.
Understanding the stocks of the list:
Sapphire Foods India Limited:
Sapphire Foods India Limited is one of India’s largest quick-service restaurant (QSR) companies, supported by Sapphire Foods Mauritius Limited and private equity investors. It has a long-term ownership structure, with a 25.1% equity lock-in with YUM. The company runs more than 400 KFC, Pizza Hut, and Taco Bell outlets in India, Sri Lanka, and the Maldives. In FY2024, Sapphire Foods saw its revenue grow 15% to Rs. 2588 crore. For the June 2024 quarter, it reported a net profit of Rs.8.19 crore. Over the last five years, it has achieved a 26% compound annual growth rate (CAGR) in profit growth. (Source: Annual Report)
Godawari Power & Ispat Limited:
Godawari Power & Ispat (GPIL) focuses on mining iron ore and manufacturing products like iron ore pellets, sponge iron, steel billets, wire rods, and ferro alloys, along with electricity generation. It has two captive mines—Ari Dongri (2.35 mn MTPA) and Boria Tibu (0.7 mn MTPA)—with 165 MnT reserves and a 35+ year lifespan. GPIL meets 85% of its iron ore needs from its own mines, saving significantly on raw material costs. In FY 2024, GPIL saw record-breaking growth, with steel billet production up 48%, sponge iron by 20%, and ferro alloys by 18%. It also completed a buyback of 2.15 million equity shares at Rs.1400 per share in July 2024. The company reported a total revenue of Rs.5,455 crores, with PAT up 18% YoY and a strong ROCE of 28%. (Source: Annual Report)
Indian Energy Exchange Ltd.:
Indian Energy Exchange Ltd, established in 2007, provides an automated platform for trading electricity units for physical delivery. It’s India’s first Power Exchange licensed by the Central Electricity Regulatory Commission (CERC) for spot trading in electricity and Renewable Energy Certificates (REC) as well as ESCerts. The platform helps in efficient price discovery, boosting accessibility and transparency in the Indian power market while speeding up trade execution. In FY2024, the company traded 110.1 BU with a 14% YoY growth. Its consolidated revenue stood at Rs.550.8 crore, a 16% increase YoY. The consolidated PAT was Rs.350.8 crore, up 15% YoY, while net profit jumped by 48.7% from FY2023, reaching Rs.341.4 crore. (Source: Annual Report)
Firstsource Solutions Limited:
Firstsource Solutions Limited is a leading name in Business Process Management (BPM). Part of the RP-Sanjiv Goenka Group, it provides customized services in sectors like Banking, Healthcare, Communications, Media, and Technology. The company boasts over 150 global clients, including 18 Fortune 500 and 3 FTSE 100 companies. In FY23, the US contributed 66% to its revenue, while the UK accounted for 33%. For FY2024, Firstsource delivered a dividend yield of 1.21% and achieved a net profit of Rs. 515 crore. By the end of June 2024, net sales reached Rs. 1,791.10 crore, reflecting a 17.13% increase from the same quarter in 2023. Additionally, its shares outperformed NIFTY50, with a one-year growth rate of 105.86%. (Source: Annual Report)
Amber Enterprises India Ltd.:
Amber Enterprises India Ltd, established in 1956, has a strong 23.6% share in India’s Room Air Conditioner (RAC) market. It is a top air conditioner OEM/ODM industry provider, holding 29% of that market. Amber offers a range of products, including complete RACs, heat exchangers, and fans. Recently, it ventured into washing machines through a partnership with Resojet Private Limited and acquired Ascent Circuits for PCB production. In June 2024, revenue surged by 41% due to high RAC demand from the hot summer. Amber also increased its stake in ILJIN and Ever to 90.2%. For FY2024, total revenue reached Rs. 6,729 crore, with a profit of Rs. 139 crore. The company’s ROCE was 12.61%, and the PAT stood at Rs.75 crore with a 3.1% margin. (Source: Annual Report)
The market posed an undecisive stance on Tuesday, with mixed red and green conclusions. Trading or investing in such a market requires careful consideration of all the factors affecting the indices, including global economic factors. So, before you finalize an investment, brainstorm well and check if it aligns with your investment objectives.
Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis – Research & Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL & the certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.
