The markets are relatively steady in the afternoon trade, with the Nifty holding well above the 25,900 mark, while the Sensex is up close to 300 points. Earnings, corporate action, and IPOs are among the big focuses for the markets. The midday session carried enough churn to keep investors alert.
Here are the top movers and shakers at this hour:
Tata Motors Passenger Vehicles
The share price of Tata Motors PV came under heavy pressure. It is down over 4% weighed down by Jaguar Land Rover’s disappointing performance and the margin pressure expected as a result. Motilal Oswal has a Sell rating on the stock with a target price of Rs 312 per share. This indicates as much as 20% downside from current levels.
IRB Infrastructure Developers
The share price of IRB Infrastructure Developers jumped up to 7% to Rs 45.93 during the midday trade. The buying interest emerged after IRB Infrastructure Trust received a letter of award from NHAI for the TOT-17 bundle a 366-km stretch spanning the Lucknow-Ayodhya-Gorakhpur corridor and parts of the Lucknow-Varanasi route.
With a 20-year revenue-linked concession, the development injected fresh confidence into the counter, keeping IRB Infrastructure Developers’ share price firmly in demand.
Mahanagar Gas (MGL)
The share price of Mahanagar Gas traded weaker at Rs 1,237.20, down 1.28%, as the company continued dealing with the CNG supply disruption that hit Mumbai over the weekend. A damaged GAIL supply line feeding the Wadala City Gate Station forced MGL to prioritise domestic PNG while several CNG pumps across Mumbai, Thane, and Navi Mumbai stayed shut.
With repairs still ongoing and supply expected to normalise only by Tuesday, MGL share price remained subdued through the midday session.
Groww
The share price of Groww continues its upward trend since listing last week. The market cap has now exceeded Rs 1 lakh crore. The shares have seen a overall jump of 66% from the issue price. Most market observers have given a thumbs up to the business fundamentals and the growth seen thus far.
Marico
The share price of Marico climbed to an all-time high of Rs 764.65 in the midday session before easing slightly. The stock still held gains of nearly 3%. Even though consolidated profit dipped 0.70% YoY to Rs 420 crore, the market focused more on the strong 30.70% surge in revenue to Rs 3,482 crore.
Margins were pinched by cost inflation and a tough base, yet the broader narrative of top-line momentum kept the Marico share price firmly supported.
Narayana Hrudayalaya
The share price of Narayana Hrudayalaya rallied up to 9.2% to Rs 1,923.50 in the midday trade after the hospital chain posted strong numbers for Q2 FY26. Total operating revenue rose to Rs 1,643.8 crore, up 20.3% YoY and 9.1% QoQ, a rare combination of breadth and consistency.
SpiceJet
The share price of SpiceJet gained nearly 7% in the midday session, rising to Rs 37.8 after the airline said it expects to restructure a significant portion of its liabilities over the coming quarters. The update gave investors a rare dose of relief after months of balance sheet strain.
Even after cooling slightly, SpiceJet’s share price stayed firmly higher, reflecting the optimism around potential debt easing.
Sai Life Sciences
The share price of Sai Life Sciences rose 4% to Rs 904, erasing all of the previous week’s decline. As midday trading continued, Sai Life Sciences’ share price held most of its gains, supported by expectations of stable contract-driven revenue.
Ashoka Buildcon
The share price of Ashoka Buildcon dropped nearly 6% to Rs 186.8 in the midday trade after the company posted a sharp 80% decline in consolidated net profit for Q2, falling to Rs 90.7 crore from Rs 462.5 crore last year.
The counter attempted to stabilise but remained under pressure. Ashoka Buildcon’s share price struggled as investors questioned whether the earnings drop was a one-off or a deeper structural problem.
Lenskart
Lenskart Solutions share price is currently trading near Rs 426, up more than 4 percent for the day. The company made its market debut on 10 November 2025, opening about 3 percent below its issue price of Rs 402. It started at Rs 390 on the BSE, slipped to Rs 355.70, then recovered to trade slightly above the issue price. On the NSE, it listed at Rs 395, fell to Rs 356.10, and later bounced back to around Rs 404.
