Tuesday started positively on Dalal Street, but by the end of the trading session, the benchmark indices closed flattish with the backdrop of the semi-annual reshuffle of some of the major indices. The NIFTY closed at 25,279.80, and the SENSEX closed green at 82,555.44. While the major indices ended flattish, some stocks kept the momentum and entered 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 today from NIFTY 500
| Sr no | Symbol | CMP | Performance |
| 1 | GODREJIND | 1273.95 | 20.0 % |
| 2 | JMFINANCIL | 118.30 | 9.58 % |
| 3 | BBTC | 2,665.00 | 8.41 % |
| 4 | QUESS | 834 | 8.09 % |
| 5 | PRSMJOHNSN | 177 | 7.06 % |
| 6 | MAZDOCK | 4454.95 | 6.08 % |
| 7 | POLYMED | 2515 | 5.78 % |
| 8 | RAYMOND | 2,109.80 | 5.1 % |
| 9 | SANOFI | 7,154.75 | 5.04 % |
| 10 | JAIBALAJI | 1000.25 | 5.0 % |
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:
- Godrej Industries Ltd.:
Godrej, founded in 1897 by Ardeshir Godrej, was established to boost India’s economic independence. Godrej Industries, a key part of the Godrej Group, manufactures oleochemicals and supports Godrej Agrovet Ltd and Godrej Properties Ltd. It also holds a stake in Godrej Consumer Products Ltd. For the quarter ending June 2024, Godrej Industries reported a total sales of Rs.4,247.93 crore, down by 5.72% from the June 2023 quarter’s Rs.4,505.66 crore. The profit after tax was Rs.640.86 crore for the June 2024 quarter, and the EPS stood at Rs.9.58. Moreover, the stock returned 112.04% over the past three years as of 3rd September 2024.
- JM Financial Limited:
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, institutions, governments, and high-net-worth individuals while also managing investment banking and private equity funds. As of FY2024, its private wealth management AUM reached Rs.68,105 crore, growing 21% year-on-year. Retail wealth management AUM was Rs.28,795 crore. JM Financial reported a total income of Rs.4,832 crore and a net worth of Rs.8,438 crore for FY2024. In the June 2024 quarter, its net profit was Rs.170.70 crore.
- Bombay Burmah Trading Corporation Limited:
Bombay Burmah Trading Corporation Limited (BBTCL), founded in 1863, is a flagship company of the Wadia Group. Initially, it focused on teak trading for domestic needs but expanded into tea plantations in 1913. Today, BBTCL is involved in various sectors, including tea, coffee, biscuits, dairy, auto electrics, white goods, horticulture, and healthcare products. In FY2024, BBTCL reported total sales of Rs.17109 crores, a net profit of Rs. 1,737.16 crores, and a return on capital employed (ROCE) of 28%. On the other hand, the company stock grew by 172.97% in the last 12 months and by 119.31% in the last three years as of 3rd September 2024.
- Quess Corporation Limited:
Quess Corp Limited is India’s top business services provider, using its deep expertise and digital platforms to boost client productivity through outsourcing. With over 3,000 partners, Quess is one of India’s largest private employers and among the top five staffing companies globally by headcount in India. It offers technology-enabled staffing and outsourcing services across various processes, including sales, customer care, and IT services. As of August 2024, Quess has around 600,000 employees across India, North America, APAC, and the Middle East. The company has shown strong growth, with a 57% CAGR in revenue and 79% in EBITDA over the last ten years. Moreover, the company’s revenue reached Rs.19,100.1 crore, and it posted a net profit of Rs.280.40 crore in FY2024.
- Prism Johnson Limited:
Prism Johnson Limited, a mid-cap company in the cement sector, was established in 1992 and is one of India’s largest building materials companies. They provide a variety of products, including cement, ready-mixed concrete, tiles, sanitaryware, and bath fittings. In the June 2024 quarter, the company reported a revenue of Rs.1,777.14 crore, a 14.93% decrease from the March 2024 quarter’s Rs.2,088.92 crore and a 9.17% drop from the June 2023 quarter’s Rs.1,956.60 crore. The company also reported a net profit of Rs.162 crore in FY2024, with a P/E ratio of 77.72 as of 3rd September 2024.
Top 10 volume gainers stocks today from NIFTY 500
| Sno | Symbol | Volume | Volume Change % |
| 1 | BBTC | 2615570 | 3317.8 % |
| 2 | SIGNATURE | 5,630,895.00 | 954.41 % |
| 3 | RAYMOND | 3,404,222.00 | 626.06 % |
| 4 | KAYNES | 1987005 | 601.86 % |
| 5 | GODREJIND | 3691753 | 503.57 % |
| 6 | PRSMJOHNSN | 5223761 | 486.16 % |
| 7 | MHRIL | 946560 | 460.58 % |
| 8 | JSL | 5,990,340.00 | 439.87 % |
| 9 | SBICARD | 9,020,038.00 | 385.16 % |
| 10 | RKFORGE | 3013723 | 362.59 % |
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:
- Signature Global (India) Limited.:
Signature Global (India) Limited, incorporated in 2000, is a real estate developer in Delhi NCR, specializing in affordable and mid-segment housing. It’s the largest developer in this segment in Delhi NCR, holding a 13% market share and 27% in Gurugram. By Q1 FY24-25, Signature Global has delivered over 1.1 crore square feet of projects and is working on 1.64 crore square feet more, with 2.96 crore square feet in the pipeline. In FY2024, the company achieved sales of Rs.7270 crore, marking 112% growth from FY2023, with a PAT of Rs.17 crore and a PAT margin of 1.29%.
- Raymond.:
Raymond Limited, established in 1925, is a diverse group engaged in textiles, apparel, real estate, FMCG, and engineering, operating in over 55 countries, including the USA, Europe, Japan, and the Middle East. With 1,638 stores worldwide—1,589 in India and 49 abroad—it’s a major manufacturer of worsted suiting fabric. Recently (June 2023), Raymond demerged its lifestyle business into Raymond Lifestyle Limited (RLL). For the first quarter ending June 2024, Raymond reported a 26.7% increase in net profit from continuing operations, reaching Rs.57.04 crore, up from Rs.45.02 crore of the June 2023 quarter. Revenue also grew to Rs.937.65 crore, compared to Rs.473.37 crore in the June 2023 quarter.
- Kaynes Technology Ltd.:
Kaynes Technology, founded in 2008, is a top player in electronics manufacturing and IoT solutions. It handles everything from design and process engineering to integrated manufacturing and lifecycle support. The company serves major industries, including automotive, aerospace, defense, and IT. In FY2024, Kaynes Technology’s revenue reached Rs.1,804.6 crore, up from Rs.1,126.11 crore in FY2023. Net profit also rose to Rs.183.28 crore from Rs.95.16 crore the previous year. Although the June 2024 quarter showed a net profit of Rs.51 crore, slightly down from March 2024, the company’s stock has delivered a 143.07% return over the past year.
- Mahindra Holidays and Resorts Ltd.:
Mahindra Holidays & Resorts India Ltd. (MHRIL), part of the Mahindra Group, specializes in family holidays through vacation ownership memberships. Since 1996, its flagship brand, ‘Club Mahindra,’ has attracted over 250,000 members. It’s the largest vacation ownership company outside the US and the 6th largest globally, ranking as India’s top leisure hospitality player. In FY2024, MHRIL welcomed 20,019 new members, pushing the total to over 297,000. They expanded their room inventory to 5,327 units, achieving an 85% room occupancy rate. The company’s total income reached Rs.2,819.58 crore, with a PBT of Rs.159.52 crore and a PAT of Rs.116.06 crore for the year.
- JSL Industries Ltd.:
Incorporated in 1966, the JSL Industries Limited began as a subsidiary of M/s. Jyoti Ltd., Vadodara, focusing on engineering products. Today, it’s a public company that makes LT motors and pumps, LT panels, LT switchgear, and control gear like air circuit breakers and motor starters. It’s the largest manufacturer of Oil Immersed starters in India. In FY2024, the company achieved a ROE of 16.3%, well above its 5-year average of 9.74%. Revenue grew by 10.7%, surpassing its 3-year CAGR of 4.14%, with a net profit margin of 11.99% and a net profit of Rs.6.16 crore. Nearly debt-free, it has enjoyed impressive profit growth of 81.6% CAGR over the last 5 years.
One can say to watch the indices keenly because any uptick in buying after its long consolidation could boost market momentum. However, with the benchmark index showing signs of fatigue, it’s wise to stay practical and cautious throughout the trading session.
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.
