The market had a weak start on Wednesday due to a drop in FII inflows and a shift of funds to other emerging markets with cheaper valuations. However, things turned around later. In the final hour of trading, the market saw a strong comeback. This recovery helped both the Nifty 50 and Sensex reach new milestones despite the earlier dip. Consequently, SENSEX touched a new all-time high at 85,247 and closed for the first time above 85,000 at 85,169 points. Even NIFTY closed above 26,000 for the first time at 26,004. Amidst the surge in the indices, a few stocks made it to the list of top performers for the day.
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 26th September 2024:
| Sno | Symbol | CMP | Performance |
| 1 | EASEMYTRIP | 36.62 | 6.7 % |
| 2 | ELECON | 701.55 | 5.72 % |
| 3 | LLOYDSME | 918.3 | 5.11 % |
| 4 | VEDL | 502.75 | 4.77 % |
| 5 | SWANENERGY | 593.15 | 4.48 % |
| 6 | MARUTI | 13358.65 | 4.48 % |
| 7 | APOLLOTYRE | 567.5 | 4.21 % |
| 8 | NATIONALUM | 203.0 | 4.0 % |
| 9 | SAPPHIRE | 384.95 | 3.87 % |
| 10 | 360ONE | 1074.2 | 3.85 % |
(source: NSE on 26th September 2024)
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:
EASE MY TRIP:
EaseMyTrip is an Indian online travel company that offers a wide range of travel services including flight bookings, hotel reservations, holiday packages, bus bookings, and car rentals. Founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti, the company aims to provide a hassle-free travel experience to its customers by offering competitive prices and a user-friendly platform. EaseMyTrip is known for its “No Convenience Fee” policy, which ensures that customers do not have to pay any additional charges while booking their travel services. The company has grown rapidly and has established itself as one of the leading travel agencies in India. There are many factors influencing this push, the company has been profitable with a revenue of Rs 481 crores in FY 2023-24. Another reason can be the Coldplay’s concerts around the globe the event call for many tourists requiring the services of the company. (Source: Annual Report)
ELECON:
Elecon Engineering Company Limited, established in 1951 and headquartered in Vallabh Vidyanagar, Gujarat, India, specializes in the manufacturing of industrial gears and material handling equipment, operating in two main segments: Transmission Equipment and Material Handling Equipment. The company has shown consistent revenue growth, reporting approximately ₹1,500 crores in revenue and around ₹150 crores in net profit for the fiscal year 2023, reflecting a healthy profit margin. Elecon Engineering’s stock has performed well, with a steady increase in share price over the past year. Recent developments include expanding its product portfolio and market reach, entering new international markets, and investing in research and development to innovate and improve its product offerings with a focus on energy-efficient and sustainable solutions. The company has received several industry awards for excellence in manufacturing and innovation. With a strong focus on innovation and expansion, Elecon Engineering is well-positioned for future growth, aiming to increase its market share in both domestic and international markets, and is committed to sustainability by developing eco-friendly products and solutions.(Source: Annual Report)
Lloyds Metals and Energy Limited:
Lloyds Metals and Energy Limited is a prominent Indian company engaged in the manufacturing and sale of sponge iron products. Established in 1977 and headquartered in Mumbai, India, Lloyds Metals operates across three main segments: Sponge Iron, Power, and Mining. The company produces direct reduced iron (DRI) and various by-products such as char, fly ash, ESP dust, bed materials, and iron ore fines. Additionally, Lloyds Metals is involved in the generation and distribution of power.
In the fiscal year 2024, Lloyds Metals and Energy Limited reported a net profit of ₹13,971 million and revenue of ₹69,734 million. This financial performance underscores the company’s robust growth and its significant role in the industrial metals and mining sector in India. (Source: Annual Report)
Vedanta Limited:
Vedanta Limited (VEDL) is a diversified natural resources company headquartered in Mumbai, India. It explores, extracts, and processes minerals, oil, and gas. The company operates through several segments, including Copper, Aluminium, Iron Ore, Power, Zinc India, Zinc International, Oil and Gas, and Others1. Vedanta’s operations span across India, Europe, China, the United States, Mexico, and internationally. Founded in 1954, Vedanta Limited has grown to become a significant player in the mining and metals industry. The company is known for its extensive operations in iron ore, gold, and aluminium mines located in Goa, Karnataka, Rajasthan, and Odisha. Vedanta is also involved in power generation, with several thermal coal-based power plants and wind power facilities. For the fiscal year 2024, Vedanta Limited reported a net profit of ₹7,537 crore and revenue of ₹146,277 crore. These impressive financial results highlight the company’s strong performance and strategic focus on operational excellence and cost optimization. (Source: Annual Report)
Mahindra Lifespace Developers Ltd:
Swan Energy Limited is a diversified company based in Mumbai, India, with a rich history dating back to 1909. The company operates across multiple sectors, including textiles, real estate, and energy. Swan Energy manufactures and markets a variety of textile products such as cotton, polyester, linen, and viscose fabrics. Additionally, it develops commercial and residential real estate properties. In the energy sector, Swan Energy is involved in the construction and operation of an LNG import terminal at Jafrabad port in Gujarat, with a capacity of 5 MMTPA. The company also engages in the trading of gas commodities and mining activities. For the fiscal year 2024, Swan Energy reported a net profit of ₹3,661 million. The company’s Return on Capital Employed (ROCE) was 9.97%, and it achieved a revenue of ₹54,532 million. (Source: Annual Report)
Top 10 volume gainers from NIFTY 500
Based on the trade volume of 26th September 2024 vs the past one week’s average:
| Sno | Symbol | Volume | Volume Change % |
| 1 | CGCL | 2708326 | 1610.22 % |
| 2 | PRSMJOHNSN | 73605461 | 1206.38 % |
| 3 | INTELLECT | 2118592 | 936.73 % |
| 4 | ELECON | 5018892 | 839.0 % |
| 5 | FIVESTAR | 22433614 | 653.76 % |
| 6 | RAINBOW | 3572175 | 581.85 % |
| 7 | POLICYBZR | 10662189 | 508.68 % |
| 8 | SWANENERGY | 7409410 | 491.2 % |
| 9 | CROMPTON | 11057819 | 348.15 % |
| 10 | GRINDWELL | 135779 | 321.7 % |
(source: NSE on 26th September 2024)
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:
Capri Global Capital Limited:
Capri Global Capital Limited (CGCL) is a prominent non-banking financial company (NBFC) in India, specializing in providing a range of financial services including loans for MSMEs (Micro, Small, and Medium Enterprises), housing finance, and construction finance. Established with a vision to empower businesses and individuals through financial inclusion, CGCL has steadily grown its footprint across the country. For the fiscal year 2024, CGCL reported a net profit of ₹388.75 crore, a Return on Capital Employed (ROCE) of 12.66%, and achieved a revenue of ₹13.35 billion. CGCL’s consistent performance and strategic initiatives have positioned it as a key player in the financial services sector, contributing significantly to the economic growth and development of its clients and the broader community. (Source: Annual Report)
Prism Johnson Limited:
Prism Johnson Limited (PRSMJOHNSN) is an integrated building materials company headquartered in Mumbai, India. Established in 1992, the company operates through four primary segments: Cement, Tile and Bath (HRJ), Ready Mixed Concrete (RMC), and Insurance. Prism Johnson offers a diverse range of products including Portland pozzolana and Ordinary Portland cement under the Champion brand series, ceramic and vitrified tiles, sanitaryware, bath fittings, and engineered marble and quartz products under the Johnson brand names. Additionally, the company provides general insurance services covering health, motor, home, and office insurance.
For the fiscal year 2024, Prism Johnson reported a net profit of ₹1.81 billion, a significant turnaround from a loss in the previous year3. The company’s revenue for FY 24 was ₹75.9 billion, reflecting a 3.1% increase from FY 23. The Return on Capital Employed (ROCE) for the same period was 6.42%. (Source: Annual Report)
Intellect Design Arena Limited:
Intellect Design Arena Limited is a global leader in financial technology for banking, insurance, and other financial services. The company offers a comprehensive suite of products and solutions that cater to retail and corporate banking, insurance, treasury, and capital markets. Intellect’s innovative and composable solutions are designed to drive higher business growth, reduce costs, and mitigate risks sustainably. With a strong focus on digital transformation, Intellect leverages cutting-edge technologies like AI and machine learning to empower financial institutions worldwide. For the fiscal year 2024, Intellect reported a net profit of Rs 339 crore, a Return on Capital Employed (ROCE) of 22%, and total revenue of Rs 2522 crore. Intellect continues to lead the fintech industry with its innovative solutions and strong financial performance, making significant strides in digital transformation for its clients globally. (Source: Annual Report)
Five-Star Business Finance Limited:
Five-Star Business Finance Limited, established in 1984 and headquartered in Chennai, operates as a non-banking financial company (NBFC) in India. The company specializes in providing small business and mortgage loans, catering to various needs such as business expansion, home renovation, and other mortgage purposes. With a strong focus on serving the financial needs of small and medium enterprises (SMEs), Five-Star Business Finance has built a reputation for its customer-centric approach and robust financial solutions. Demonstrating strong financial performance in FY 2024, the company reported a net profit of ₹835.92 crore, a return on capital employed (ROCE) of 20.46%, and revenue of ₹2,195 crore. This success is driven by its strategic focus on the SME sector and its commitment to providing accessible financial services. (Source: Annual Report)
Gland Pharma Ltd.:
Rainbow Children’s Medicare Ltd. (commonly known as Rainbow Hospitals) is a leading multi-specialty pediatric and perinatal healthcare provider in India, established in 1999. Headquartered in Hyderabad, Rainbow Hospitals operates a network of hospitals across major cities including Bangalore, Chennai, Delhi, and Vijayawada, offering services such as pediatric intensive care, neonatal intensive care, pediatric surgery, and obstetrics. Renowned for its state-of-the-art facilities, advanced medical technology, and highly skilled healthcare professionals, Rainbow Hospitals reported a net profit of ₹214 Crores and a total revenue of ₹1,236 Crores for FY 2024, with a Return on Capital Employed (ROCE) of 17.16%. The hospital chain continues to expand its footprint and enhance its service offerings, aiming to provide world-class healthcare to children and mothers across India. (Source: Annual Report)
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.
