The markets ended low with the backdrop of the anticipated monthly jobs report of the USA, lack of fresh catalysts, ongoing concerns over the SEBI protest, and the lingering weak global cues. Result? The SENSEX closed at 82,201.16, while the NIFTY index’s choppy day settled red at 25,145. Even the NIFTY 50 settled 54 points low at 25,145.10. Despite the slumping markets of Thursday, some stocks moved in the right direction and made it to the list of top performers and movers 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 performers from NIFTY 500 today
| Sno | Symbol | CMP | Performance |
| 1 | FLUOROCHEM | 3,545 | 11.9 % |
| 2 | EASEMYTRIP | 42.77 | 9.98 % |
| 3 | UTIAMC | 1,273.00 | 7.16 % |
| 4 | CAPLIPOINT | 2101.1 | 6.72 % |
| 5 | KEC | 988.8 | 6.08 % |
| 6 | TVSSCS | 207 | 5.57 % |
| 7 | VIJAYA | 951 | 5.45 % |
| 8 | CRAFTSMAN | 6,347.15 | 5.44 % |
| 9 | EIHOTEL | 393.45 | 5.36 % |
| 10 | CHOLAHLDNG | 1819.8 | 5.21 % |
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 Fluorochemicals Limited:
Gujarat Fluorochemicals Limited, formerly Inox Fluorochemicals Limited, was incorporated in 2018 following its demerger from GFL Ltd. As part of the INOX Group, it is one of India’s leading producers of fluoro-polymers, fluoro-specialties, chemicals, and refrigerants. Globally, it is among the top five players in the fluoropolymers market, exporting to Europe, the Americas, Japan, and Asia. The company boasts well-known brands like Inoflon, Flounox, Inoflar, Inoclub, and Refron. With a presence in 16 countries, Gujarat Fluorochemicals has achieved a 20% CAGR over the past five years. Backed by 30 years of expertise in fluorine chemistry, it generated Rs.4,281 crores in revenue for FY2024, with Rs.435 crores in PAT and a PAT margin of 10%. The company’s ROCE as of FY2024 stands at 14.63%. Easy Trip Planners Ltd.: [Source: GFCL Annual Report]
EasyMyTrip Planners Ltd. started in 2008 as a bootstrapped company and has remained profitable ever since. It operates through three channels: B2B2C (business to business to customer), B2C (business to customer), and B2E (business to enterprise). The company provides access to over 400 international and domestic airlines, over 10,00,000 hotels, train and bus tickets, and taxi rentals in major Indian cities. In FY2023, the company’s Look-to-book ratio was 3.88%, with a booking success rate of around 98%. It reported Rs.590.57 crore in revenue and Rs.103.17 crore in net profit. For the June 2024 quarter, total income was Rs.109.63 crore, with a net profit of Rs.34.46 crore, an increase from Rs.26.07 crore in June 2023. [Source: Ease My Trip Annual Report]
UTI Asset Management Company Limited:
UTI, India’s oldest mutual fund, is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It was the first to introduce mutual funds in India, pioneering equity mutual funds and children’s plans. With a 5.37% market share in the mutual fund industry and 27.4% in the National Pension System, UTI has a strong presence, operating 193 touchpoints across the country. In 2023-24, its Assets Under Management grew to Rs.18.48 lakh crore, while domestic mutual fund QAAUM reached Rs.2.91 lakh crore. The company also reported a 75% rise in consolidated profit after tax, amounting to Rs.766 crore.
Caplin Point Laboratories Ltd.:
Caplin Point Laboratories Ltd, founded in 1990, manufactures APIs and finished formulations and conducts R&D and clinical research. It has a strong presence in Latin America, Africa, the USA, and other countries. The company started by producing ointments and creams and went public in 1994 through an IPO. Over time, it expanded its product range and production capacity. With over 4,000 registered products and 650+ formulations across 36 therapeutic areas, Caplin Point has a broad portfolio and minimal reliance on any single segment. From FY2019 to FY2024, the company delivered a 21.1% CAGR in profit growth. Its ROE over the last three years stands at 24.7%, and the company is almost debt-free, with a net profit of Rs.461 crore as of FY2024. In the June 2024 quarter, Caplin’s net profit rose by 19.86% to Rs.123.97 crore, compared to Rs.103.43 crore in June 2023.
KEC International Limited:
KEC International is a global leader in infrastructure EPC, working across sectors like power transmission and distribution, railways, civil and urban infrastructure, solar, oil & gas pipelines, and cables. It’s the flagship company of the RPG Group, serving clients in more than 110 countries. In FY2024, KEC recorded revenue of Rs.19,914 crore and held an order book of Rs.29,644 crore. The company completed 2,516 km of transmission lines and has a global manufacturing capacity of 4,32,200 MTPA. KEC also posted a net profit of Rs.347 crore in FY2024, with its stock showing a 49.72% growth over the last twelve months as of 5th September 2024.
Top 10 volume gainers stocks from NIFTY 500 today
| Sno | Symbol | Volume | Volume Change % |
| 1 | MFSL | 24718371 | 1732.2 % |
| 2 | SAPPHIRE | 2,582,029.00 | 1490.27 % |
| 3 | FLUOROCHEM | 2,210,288.00 | 1260.49 % |
| 4 | CAPLIPOINT | 3934614 | 993.44 % |
| 5 | VIJAYA | 1290503 | 780.11 % |
| 6 | TVSSCS | 15769940 | 719.68 % |
| 7 | LINDEINDIA | 336432 | 717.06 % |
| 8 | EASEMYTRIP | 106,745,070.00 | 683.21 % |
| 9 | SUNTECK | 2,552,740.00 | 538.82 % |
| 10 | ACC | 1320956 | 465.69 % |
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:
Max Financial Services Limited:
Max Financial Services Limited, part of the Max Group, was incorporated on February 24, 1988. It is the holding company for Max Life Insurance, which also earns income from investments. The company focuses on growing and managing business investments, along with offering management advisory services to its group companies. It holds an 81.83% stake in Max Life Insurance, which is India’s largest non-bank life insurer and the fourth largest private insurer. In FY24, MFSL reported consolidated revenues of Rs.46,618 crore, up 48% due to higher investment income. Excluding investment income, revenues grew 16%, and the profit after tax stood at Rs.393 crore. Moreover, the company stock earned 21.39% over the last twelve months and 4.72% over the previous three years as of 5th September 2024.
Sapphire Foods India Limited:
Sapphire Foods India Limited is India’s largest quick-service restaurant (QSR) company. It’s promoted by Sapphire Foods Mauritius Limited, backed by private equity investors. The promoters have ensured a long-term structure with a 25.1% equity lock-in with YUM. Sapphire Foods operates more than 400 KFC, Pizza Hut, and Taco Bell outlets in India, Sri Lanka, and the Maldives. In FY2024, the company saw a 15% growth in revenue, reaching Rs.2588 crore. As of June 2024, its net profit stood at Rs.8.19 crore, with a 5-year CAGR profit growth of 26% in FY2024.
Vijaya Diagnostic Centre Ltd.:
Vijaya Diagnostic Centre Ltd. is committed to the wealth of health with 125 modern locations across 20 Indian cities. Each center features NABL-certified labs and offers a broad range of diagnostic tests. It also supports Corporate Wellness for over 400 multinational companies in India. On 5th September 2024, the stock price was Rs.951, with a PE ratio of 73.3. For the financial year 2023-24, the company reported an ROCE of 21.6% and a net profit of Rs.120 crore. As of June 2024, the quarterly profit was Rs.156.22 crore, up 29.05% from the June 2023 quarter.
TVS Supply Chain Solutions Ltd.:
TVS Supply Chain Solutions helps manage supply chains for global organizations, government agencies, and businesses of all sizes. For example, it assisted a global wind turbine company with purchasing, assembling parts, kitting, and packing. The company operates in two main areas: Network Solutions and Integrated Supply Chain Solutions. In FY2024, TVS had 6,909 customers, including 78 Fortune Global 500 companies. Its revenue for FY2023-24 was Rs.9,199.98 crore, down from Rs.9,994.38 crore in FY2022-23. Despite a revenue drop of Rs.794.40 crore, it cut its borrowings significantly, reducing them to Rs.793.94 crore from Rs.1,697.31 crore. The company reported a loss of Rs.57.72 crore for FY2024, but its stock grew by 3.43% over the past year as of 5th September 2024.
Linde India Limited:
Linde India Limited, a subsidiary of BOC Group UK with a 75% stake, makes industrial and medical gases and builds air separation plants. The company operates in three main areas: Gas and Related Products, Healthcare, and Project Engineering Division (PED). It also has two joint ventures: Bellary Oxygen Company Private Ltd and Linde South Asia Services Private Ltd (formerly LSAS Services Private Ltd). In FY2024, Linde India’s total revenue reached Rs.276.87 crore, a 6.4% increase from Rs.260.13 crore the previous year. The Gases Division grew by 10.2% to Rs.200.06 crore due to strong demand and reasonable pricing. The Project Engineering Division reported Rs.76.81 crore, a slight decline of 2.2%, but maintained a solid order book. The profit after tax (PAT) was Rs.42.63 crore, with a PAT margin of 15%, lower than the previous year because of a tax reversal.
Markets ended on a weak note after a volatile session. Most global equity indices were mixed, awaiting key US data on Friday. This data might give clues about the Federal Reserve’s stance on interest rates in this month’s policy announcement. During such choppy times, it’s wise to trade carefully and make investment decisions only after thorough market research.
Disclaimer: 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.
