The markets steadied in afternoon trade after a sharp sell-off in the morning. The Nifty hovered around 25,900 while the Sensex is down 200 points. Though the benchmark indices were drifting, several independent stocks have seen a sharp reaction in intra-day trade.
Here are the top movers and shakers at this hour:
Groww
Groww share price declined nearly 5% in early trade, before settling into a narrower 3% loss by midday. And the market knows exactly what it’s reacting to: an upcoming unlock of 149.2 million shares, amounting to 2% of equity, scheduled for December 10. The estimated value of about Rs 2,252 crore is large enough that holders are pre-emptively reassessing short-term positioning.
PhysicsWallah
Another new listing PhysicsWallah saw sharp intra-day gains of as much as 5% after strong Q2 showing. The share price of PhysicsWallah is now up 1%. The company delivered a 70% year-on-year rise in net profit to Rs 69.7 crore, especially after delivering losses in Q1.
IndiGo
The downtrend in IndiGo share price continues but it has recovered from its lows earlier this week. Reports indicate that the DGCA may have cut IndiGo’s approved Winter flight schedule by 5%, citing “large-scale flight disruptions.”
The regulator has also ordered the airline to file a revised schedule by Wednesday, 5 pm a requirement that underlines how seriously the ministry is taking the operational strain.
LT Foods
LT Foods share price has seen a sharp deline in today’s trade. The stock plunged as much as 7% in early trade. This is after US President Donald Trump had unveiled a multibillion-dollar farm relief package and warned of fresh tariffs on India and other rice exporters. However, stocks stabilised after knee jerk reaction as the market evaluated the actual impact. Exports to IS are less than 5% from India.
Waaree Energies and Premier Energies
Waaree Energies share price fell around 1% by midday, even though the company recently secured a sizeable 288 MW module supply order in the United States through its subsidiary. The order itself had supported sentiment last week, but the broader renewable pack was mixed on Tuesday, and traders leaned toward booking profits in names that had rallied hard through 2025. Premier Energies share price slipped more than 1%.
NTPC Green Energy
NTPC Green Energy share price declined about 1%. The company had informed the exchanges just days earlier about the incorporation of Chhattisgarh NTPC Green Energy Limited, a 74:26 joint venture with the state’s power generation company. While the JV shows the firm’s expansion path within state-linked renewable infrastructure, the market showed little appetite for accumulation in the morning session, mirroring the cautious tone across the segment.
Fujiyama Power Systems
Fujiyama Power Systems share price rose around 5% in morning trade after the company posted a striking Q2 performance. Net profit surged 97.4% year-on-year to Rs 62.9 crore, while revenue leapt 72.6% to Rs 567.9 crore. EBITDA also climbed 105.7%, with margins improving to 18.1%, a sign that scale and integration are beginning to work in tandem.
The company also disclosed expansion plans: a 1 GW DCR solar cell facility at Dadri targeted for Q3 FY26, and a 2 GW fully integrated solar power manufacturing unit at Ratlam that remains on track for commissioning in Q4 FY26. For a stock that has been volatile since listing, the numbers offered a strong counterweight to selling pressure in the broader renewables basket.