The Indian market slipped again on Friday, October 31. The Nifty is down 0.3% to below 25,800, while the Sensex has lost 164 points. Weak Q2 earnings from several frontline firms and muted global cues kept sentiment in check.
Metals, banking are under pressure, while select industrial and chemical counters found strength. The overall tone continues to be cautious-
Here are the top movers and shakers at this hour:
Dabur India
Dabur India share price fell nearly 3% after its Q2 earnings disappointed the Street. The FMCG major reported a modest 6.5% year-on-year rise in consolidated net profit to Rs 453 crore for Q2 FY26, up from Rs 425 crore last year. Motilal Oswal downgraded the stock to Neutral from Buy given the slower-than-expected turnaround. The target price has also been revised to Rs 525 per share.
Bandhan Bank
Bandhan Bank share price plunged 6% to Rs 160.31 after the lender’s Q2 FY26 results showed an 88% year-on-year drop in profit to Rs 112 crore, compared to Rs 937 crore in the same period last year.
Navin Fluorine
Navin Fluorine share price surged 13% to Rs 5,670 after a stellar September quarter. The specialty chemicals firm reported a 46.3% YoY jump in revenue to Rs 758.4 crore, while operating EBITDA soared 129.3% to Rs 246.2 crore.
Margins expanded sharply by 1,176 basis points to 32.46%.
Union Bank of India
Union Bank share price rose 5.9% to Rs 148.73 after the PSU lender reported a sharp drop in provisions for bad loans down to Rs 526 crore in Q2 FY26 from Rs 2,504 crore a year earlier.
That reduction directly boosted profitability and eased investor concerns about asset quality. The stock has quietly been among the better-performing PSU banks this year, and today’s move only reinforced that trend.
TD Power Systems
TD Power share price jumped around 8% to a record Rs 747 after the company raised its full-year revenue guidance to Rs 1,800 crore from Rs 1,500 crore earlier.
The management cited strong demand in gas engine and turbine segments and a healthy order pipeline across domestic and export markets. The order book stood at Rs 1,587 crore as of September 2025.
Swiggy
Swiggy share price rose 1.6% to Rs 411 after the company announced plans to raise up to Rs 10,000 crore via a qualified institutional placement (QIP). The move, aimed at funding expansion and strengthening its balance sheet, came alongside its quarterly results.
Motilal Oswal Financial Services (MOFSL)
Motilal Oswal Financial Services share price dropped 5.76% to Rs 966.25 after the firm reported a 68% YoY decline in consolidated profit to Rs 362 crore for Q2 FY26, compared to Rs 1,120 crore in the same period last year.
Earnings from broking and wealth management segments slowed, and the stock lost traction quickly. With valuations already stretched, the disappointment left investors little reason to stay. The company’s market capitalisation slipped below Rs 58,300 crore.
United Spirits
United Spirits share price climbed 6.9% to Rs 1,489 after the Diageo-backed liquor maker posted a strong Q2 FY26 performance. The rally pushed its market capitalisation past Rs 1.06 lakh crore.
The company’s premium portfolio drove growth even as mass-market demand stayed soft. Despite a 12% year-to-date decline, the stock has gained 189% over five years a reminder of how steady premiumisation has worked in its favour.
Welspun Corp
Welspun Corp share price gained over 5% after the company reported record quarterly EBITDA and a strong order book of Rs 23,500 crore. The management sounded confident about US operations, hinting at further growth in margins and order inflow.
The company has consistently beaten its guidance for EBITDA and return on capital employed over the past two years. Traders treated the stock as a momentum play and for now, the momentum looks justified.