Monday saw the stock market maintaining the uptrend in anticipation of the OEM’s performance numbers and the release of global macro data this week. The markets remained bullish, with NIFTY closing 37 points up at 25,273 and the SENSEX following the green trend, closing at 82,559. While NIFTY50 ruled the trading day yet again with a new closing high of 25,279, 20 other stocks mirrored the positive market sentiment and made it to the top performers and movers of 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 performers today from NIFTY 500
| Sno | Symbol | CMP | Performance |
| 1 | GUJGASLTD | 674.45 | 11.12 % |
| 2 | JIOFIN | 348.00 | 8.18 % |
| 3 | AEGISLOG | 804.00 | 6.83 % |
| 4 | ADANIPOWER | 669 | 5.85 % |
| 5 | SONACOMS | 721.5 | 5.58 % |
| 6 | BAJAJHLDNG | 10599.5 | 5.39 % |
| 7 | ADANIGREEN | 1935 | 5.27 % |
| 8 | JAIBALAJI | 957.25 | 5.0 % |
| 9 | GODREJIND | 1,058.00 | 4.38 % |
| 10 | MOTILALOFS | 750.85 | 4.27 % |
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 Performing Stocks Today
- Gujarat Gas Limited:
Gujarat Gas Limited (GGL) is part of GSPL and is a major player in India’s natural gas sector. GSPL includes Gujarat State Petroleum Corporation (GSPC), India’s top natural gas trading company, and Gujarat State Petronet Limited (GSPL), the second-largest natural gas transmission company. GGL, a government-owned entity, focuses on distributing natural gas to various customers across South & Central Gujarat and Saurashtra. As of FY2024, GGL is nearly debt-free with a net profit of Rs.1,143 crore, down from Rs.1,525 crore in FY2023. However, the company achieved a 21% 5-year CAGR profit growth and 20% RoCE in FY2024. In the June 2024 quarter, it declared a Rs.5.66 per share dividend and reported a 53.14% increase in net profit, reaching Rs.330.71 crore.
- Jio Financial Services Limited:
JFSL, a Core Investment Company with RBI registration, runs financial services through its subsidiaries: Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), Jio Payment Solutions Limited (JPSL), Jio Leasing Services Limited (JLSL), and a JV with SBI, Jio Payments Bank Limited (JPBL). JLSL has a 50:50 JV with Reliance Strategic Business Ventures Limited (RSBVL) called Reliance International Leasing IFSC Limited (RILIL) for ship leasing. For FY24, the company’s total income surged to Rs.1,854.68 crore from Rs.44.84 crore in FY23, with a profit of Rs.1,604.55 crore. Its revenue grew by 1,322.97%, surpassing its 3-year CAGR of 26.79%. For Q1 FY25, the consolidated income was Rs.417.82 crore, and the net profit for the latest quarter was Rs.250.71 crore.
- Aegis Logistics Limited:
Aegis Logistics, formerly Aegis Chemical Industries Ltd., has been functioning since 1956, offering logistics solutions for oil, gas, chemicals, and petrochemicals. As a top player in India’s logistics sector, Aegis operates bulk liquid terminals, LPG terminals, filling plants, pipelines, and LPG stations. In FY2024, the company formed a joint venture with Royal Vopak and called it Aegis Vopak Terminals Ltd. The company’s operational profit rose to Rs.993.62 crore from Rs.815.07 crore in the previous year, 2022-23. In FY2024, it earned a net profit margin of 9.54% and a return on net worth of 14.62%. The company also declared two interim dividends: 250% at Rs. 2.50 per share and 200% at Rs. 2 per share, paid in FY 2023-24.
- Adani Power Ltd.:
Adani Power (APL), part of the Adani Group, is India’s largest private thermal power producer. It sells power through long-term and short-term Power Purchase Agreements (PPAs) and on a merchant basis. As of FY2024, it boasts a production capacity of 16,850 MW, contributing 6% to India’s total thermal power generation and 16% to the private sector’s share. In FY2024, it achieved a 40% revenue increase to Rs.60,281 crore and its highest-ever EBITDA of Rs.82,917 crore (about USD 10 billion), up 45%. The company has seen an 88.5% CAGR profit growth over the last five years and a 47.8% ROE over the past three years.
- Sona BLW Precision Forgings Limited:
Sona BLW Precision Forgings, an India-based automotive technology company, began as a joint venture with Mitsubishi Metal Corporation Ltd., initially named Sona Okegawa Precision Forgings Ltd. In 2016, the agreement with Mitsubishi ended, and in FY19, it acquired Comstar, a leader in charging systems, forming Sona Comstar. The company specializes in designing, manufacturing, and supplying engineered automotive systems and components, including mechanical and electrical hardware, as well as software solutions. In FY2024, its revenue reached Rs.3,184.8 crore, with net profits rising by 31% to Rs.131 crore. It operates 10 manufacturing plants and 4 R&D centers, with a net order book of Rs.22,600 crore. Also, the company’s ROCE and ROE stand at 31% and 28.5%, respectively.
Top 10 volume gainers stocks today from NIFTY 500
| Sno | Symbol | Volume | Volume Change % |
| 1 | GUJGASLTD | 45355931 | 2868.24 % |
| 2 | UTIAMC | 1,347,929.00 | 495.12 % |
| 3 | CHALET | 909,609.00 | 463.88 % |
| 4 | UNOMINDA | 3835066 | 463.62 % |
| 5 | ADANIPOWER | 19722464 | 400.93 % |
| 6 | GODREJIND | 1783388 | 386.82 % |
| 7 | ADANIGREEN | 2879665 | 378.76 % |
| 8 | BAJAJHLDNG | 301,687.00 | 299.72 % |
| 9 | SONACOMS | 5,417,369.00 | 242.62 % |
| 10 | JAIBALAJI | 197081 | 238.51 % |
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 volume gainer stocks on the list today
- UTI Asset Management Company Ltd.:
UTI is India’s oldest mutual fund registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It focuses on investment management. It was the first to introduce mutual funds in India and pioneered the launch of equity mutual funds and children’s plans. UTI commands a 5.37% market share in the Mutual Fund industry and a 27.4% share in the National Pension System, with 193 touchpoints across India as of FY2024. In 2023-24, UTI’s Assets Under Management grew to Rs.18.48 lakh crore, with domestic mutual fund QAAUM (Quarterly Average Assets Under Management) at Rs.2.91 lakh crore. The company also saw a 75% increase in consolidated profit after tax, reaching Rs.766 crore.
- Chalet Hotels Ltd.:
Chalet Hotels is in hospitality, commercial, retail, and real estate development. It owns several properties, including Novotel Pune Nagar Road, JW Marriott Mumbai Sahar, and The Westin Hyderabad Mindspace. In FY2024, Chalet added Courtyard by Marriott Aravali Resort and The Westin Hyderabad HITEC City. The company ranked in the top 10 globally among hotels, resorts, and cruise lines in 2023-24. Over the past five years, it achieved a 135% CAGR in profit growth. Additionally, in FY2024, the company’s revenue was Rs.1,437 crore with a 22% growth, ROCE of 12.1%, PAT margin of 19.4%, net worth of Rs.1,851.3 crore, and it held assets with a book value of Rs.3,214.5 crore.
- Uno Minda Ltd.:
Founded in 1958, Uno Minda Ltd is a key player in the automotive industry, providing solutions to Original Equipment Manufacturers. It manufactures automotive switching systems, lighting, acoustics, seating systems, alloy wheels, and electric vehicle products. By FY2024, the company was supplying over 20 categories of components to OEMs across India, Asia, the Americas, and Europe, with 73 manufacturing plants globally. Uno Minda achieved profit growth of 24.7% CAGR over five years as of FY2024, with FY2024 revenue at Rs.14,031 crore and a net profit of Rs.925 crore. In the June 2024 quarter, its net sales increased by 23.44% to Rs.3,817.51 crore, and its net profit rose by 15.21% to Rs.199.03 crore.
- Godrej Industries Ltd.:
Godrej, founded in 1897 by Ardeshir Godrej, aimed to support India’s economic independence. Today, Godrej Industries is a key player in manufacturing oleochemicals. It also backs Godrej Agrovet Ltd. and Godrej Properties Ltd., with a stake in Godrej Consumer Products Ltd. The company has a total income of Rs.18,097 crore and a net profit of Rs.60 crore, with a 0.36% profit margin as of FY2024. For the quarter ending June 2024, it reported a consolidated income of Rs.5,259.41 crore, a 3.07% increase from the March 2024 quarter and a 7.48% up from the June 2023 quarter. The net profit was Rs.580.15 crore as of the June 2024 quarter, and its stock has delivered an 89.28% return over the last three years as of 2nd September 2024.
- Adani Green Energy Ltd.:
Adani Green, part of the Adani Group, is an Indian industrial giant with 10 publicly traded companies across various sectors. The promoter group holds a 56% stake in the company. Founded in 2015, Adani Green Energy Limited focuses on renewable power generation. By FY24, it became India’s largest renewable power producer, with an operational capacity of 10.9 GW, doubling from 5.4 GW in FY22. It’s the 2nd largest Solar PV developer, boasting 18.1 GW of solar capacity globally. In FY24, the company earned Rs.9220 crore in revenue, with a net profit of Rs.1260 crore and an ROCE of 10%. Over the past 5 years, Adani Green has delivered a profit growth of 36.1% CAGR, and the company stock gave a one-year return of 105% as of 2nd September 2024.
While the day ended with Vedanta announcing an interim dividend and indices hitting fresh levels, the market can get volatile amidst the positive ending note. It is good to closely monitor the market triggers to keep your investment in tandem with the changing global cues that can also affect the Indian stock market.
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.
