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After Tuesday’s flattish day-end, the Indian market reacted to the overnight global slump. Consequently, the BSE SENSEX slipped to 81,833.7, and the NIFTY closed red at 25,198.70. The market fell after widespread selling in Asia and the US.
The drop was mainly due to a decline in US tech stocks, which declined as recession fears resurfaced with new economic data. However, some stocks managed to stay resilient and made it to the top performers and movers for Wednesday.
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 from NIFTY 500 today
| Sno | Symbol | CMP | Performance |
| 1 | CCL | 813.3 | 12.69 % |
| 2 | JUBLINGREA | 741.00 | 9.98 % |
| 3 | MAZDOCK | 4,786.95 | 7.46 % |
| 4 | BEML | 4108 | 6.68 % |
| 5 | INDIGOPNTS | 1544.95 | 6.59 % |
| 6 | BIOCON | 383.15 | 5.87 % |
| 7 | PNBHOUSING | 1055.5 | 5.26 % |
| 8 | PRESTIGE | 1,880.00 | 5.22 % |
| 9 | JAIBALAJI | 1,050.25 | 5.0 % |
| 10 | KAJARIACER | 1455 | 4.96 % |
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
CCL Products Ltd.:
CCL, registered initially as The Sahayak Finance and Investment Corporation Limited in 1961, became Continental Coffee Limited in 1994, focusing on instant coffee. The name was changed to CCL in 2002. It produces, trades, and distributes coffee, mainly in India, Vietnam, and Switzerland.
Subsidiaries in these countries contribute significantly to the business. As of FY2024, CCL’s wholly-owned subsidiaries include Jayanti Pte (Singapore), Continental Coffee SA (Switzerland), Ngon Coffee (Vietnam), Continental Coffee Pvt Ltd (India), and CCL Food and Beverages Pvt Ltd (India).
For FY2024, CCL achieved a turnover of Rs.2653.70 crore, up from Rs.2071.22 crore in FY2023. However, net profit was Rs.250.08 crore, down from Rs.283.96 crore the previous year. An interim dividend of Rs.2.50 per equity share was paid during FY 2023-24.
Jubilant Ingrevia Limited:
Jubilant Ingrevia is a global leader in Life Science products, serving the pharmaceutical, nutrition, agrochemical, consumer, and industrial sectors. With 130+ products across 8 platforms, produced in 5 facilities, backed by 3 R&D centers, it offers high-quality, cost-effective solutions. It’s #1 globally in 18 pyridine derivatives and Pyridine + Beta Picolines.
In FY2024, 41% of its revenue came from exports to 63 nations and declared a 500% dividend. Recently, it partnered with O2 Renewable Energy XVIII in March 2024. June 2024 results show a net profit of Rs.48.74 crore, down 15.37% from June 2023. However, its stock has risen by 45.52% over the last year as of 4th September 2024.
Mazagaon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited, one of India’s leading shipyards, traces its roots back to 1774. It became a Private Limited Company in 1934 and was taken over by the government in 1960. Since then, Mazagon Dock has evolved into the premier warship builder in India, crafting vessels for the Navy and offshore structures.
By 2024, it had built 802 vessels, including 28 warships and 7 submarines. The company also delivered various commercial vessels and offshore platforms. In FY24, Mazagon Dock secured orders worth over ₹6,000 crores, generated ₹9,466.58 crores in revenue, and achieved a net profit of ₹1936.97 crore. It maintained a 24.5% dividend payout and sustained a 5-year CAGR profit growth of 29.5%.
BEML Limited:
BEML Limited was founded in May 1964 and manufactures rail coaches, spare parts, and mining equipment. It is a ‘Schedule A’ company under the Ministry of Defence, owned 54.03% by the Government of India and 44.97% by others.
Starting with a turnover of Rs.5 crore in 1965, it reached Rs.4054.32 crore in FY2024, mainly from in-house-developed products. In 2023, the company made history by creating India’s first Vande Bharat Sleeper coach.
In FY2024, BEML’s exports hit Rs.1,066 crore, expanding to new markets like Somaliland. The order book grew by 39% to Rs.11,872 crore, with a net worth of Rs. 2642.83 crore and a minimal debt-to-equity ratio of 0.02.
Indigo Paints Limited
Indigo Paints started in 2000, focusing on decorative paints. The company’s product portfolio includes exterior and interior emulsions, putties, primers, and wood coatings. Indigo Paints sells everything under the ‘Indigo’ brand. Based in Pune, it also has plants in Jodhpur, Kochi, and Pudukkottai.
In FY24, Indigo Paints acquired Apple Chemie India, expanding into construction and waterproofing products. After the acquisition, Apple Chemie grew by 50% in Q4 FY2024. For FY2024, it reported revenue of Rs.1,320.3 crore, up 21.87% from FY2023, and a net profit margin of 11.27%, totaling Rs.147.32 crore.
Top 10 volume gainers stocks from NIFTY 500 today
| Sno | Symbol | Volume | Volume Change % |
| 1 | CCL | 9215530 | 6119.81 % |
| 2 | JUBLINGREA | 13,960,903.00 | 2004.65 % |
| 3 | INDIGOPNTS | 883,203.00 | 1994.76 % |
| 4 | MASTEK | 1591203 | 1546.12 % |
| 5 | BEML | 2271100 | 963.73 % |
| 6 | AETHER | 486004 | 924.39 % |
| 7 | KAJARIACER | 1154263 | 879.1 % |
| 8 | METROBRAND | 801,449.00 | 853.72 % |
| 9 | PRSMJOHNSN | 9,036,843.00 | 618.9 % |
| 10 | ALKYLAMINE | 392897 | 604.42 % |
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
- Mastek Limited.:
Founded in 1982, Mastek is a key player in enterprise tech solutions. With nearly 40 years in IT, it has grown from providing IT solutions to becoming a digital transformation partner. Mastek offers services like application development, support, ERP and cloud migration, business intelligence, agile consulting, and digital commerce.
In Q1 FY2025, Mastek launched its icxPro platform with NVIDIA, marking a major step in its growth strategy. Revenue stood at ₹812.9 crore, showing a 9.9% year-over-year increase. However, PAT was ₹71.5 crore, down 2.8% YoY, with a ROCE of 15.4%. Also, the company’s stock grew 20.88% in the last twelve months.
Aether Industries Limited
Incorporated in 2013, Aether Industries Limited, based in Surat, Gujarat, manufactures specialty chemicals. The company focuses on advanced intermediates and specialty chemicals, serving the pharmaceutical, agrochemical, and oil and gas sectors. It has seen impressive growth, with a CAGR of 28.74% from FY 2018 to FY 2024.
Aether is a leading CRAMS provider, leveraging advanced R&D and Pilot Plant facilities. It is a UN Global Compact Network India member who earned the Silver EcoVadis Medal. The company went public with an IPO in June 2022. For FY 2024, Aether reported a total income of Rs.637.38 crore (5% lower than FY 2023) and a net profit of Rs.82.49 crore, a 37% decrease from FY 2023’s Rs.130.41 crore.
Kajaria Ceramics Ltd.
Kajaria Ceramics Ltd. is a leading manufacturer and trader of ceramic and vitrified tiles in India. It’s the largest in India and the 8th largest globally. Their products include ceramic wall and floor tiles, polished and glazed vitrified tiles, bathware, and plywood. In FY23, tiles brought in about 88% of the revenue, with other products making up the remaining 12%.
For FY2024, Kajaria posted a 9.22% net profit margin, with a net profit of ₹422 crore and a return on capital employed of 21.90%. Their net worth stands at ₹2,617 crore, with revenue reaching ₹4,578 crore. In the June 2024 quarter, net sales were ₹1,113.69 crore, up 5% from the previous year, and net profit was ₹89.82 crore.
Metro Brands Ltd.:
The company is a leading Indian footwear and accessories retailer. It is recognized for its in-house brands like Mochi, Metro Shoes, and Walkway, along with third-party brands Crocs, Fitflop, Foot Locker, and Fila. It offers a diverse range of products for men, women, and children, suitable for any occasion.
As of June 2024, it operates 854 stores across 31 states and territories, boasting over 65 years in the industry, 250+ footwear vendor partners, and a presence in 195 cities. In FY2024, the company partnered strategically with Foot Locker to meet premium sportswear and athleisure demand, extended its collaboration with Crocs, surpassed 800 stores, and merged FILA into Metro Brands Limited. Revenue for FY2024 reached Rs.2,357 crores, down 10.8% from FY2023, with 73% coming from in-house brands.
Prism Johnson Ltd.
Prism Johnson Limited, a mid-cap cement company founded in 1992, is a major player in India’s building materials sector. It offers cement, ready-mixed concrete, tiles, sanitaryware, and bath fittings. For the June 2024 quarter, Prism Johnson reported revenue of Rs.1,777.14 crore, down 14.93% from Rs.2,088.92 crore in March 2024 and 9.17% from Rs.1,956.60 crore in June 2023.
The company’s net profit for FY2024 was Rs.162 crore, with a P/E ratio of 82.6 as of 4th September 2024. Moreover, the company stock grew 28.62% over the last twelve months and 42.38% over the previous three years as of 4th September 2024.
US manufacturing might be contracting, putting the soft landing expectations at risk. This soft landing has been a critical support for the US market and others. Now, there’s a bit of uncertainty. Will this trend continue or change? It’s wise to be cautious and thoroughly research before seizing any opportunities.
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.
