The final trading session of the week opened with a firmer undertone and, by midday, that tone largely held. The Nifty was higher by about 0.50%, hovering around 25,930 levels, while the Sensex climbed a similar 0.50% at around 84,880 levels. Beneath the surface, the action was stock-specific and, in places, sharp. Corporate actions, court relief, fund-raising announcements, and management decisions drove price moves, not the index mood.
Here are the top movers and shakers at this hour:
Ola Electric Mobility
Ola Electric Mobility share price jumped 10%, hitting the upper circuit, as sentiment flipped sharply following clarity on promoter-level transactions. The company confirmed that the founder’s limited monetisation exercise has fully repaid a Rs 260 crore loan and released all previously pledged shares. Promoter pledge now stands at zero.
ICICI Prudential AMC
ICICI Prudential AMC share price jumped over 20% on a strong market debut. The stock listed well above its IPO price, delivering immediate gains to allottees. The issue was entirely an offer for sale, meaning no fresh capital for the company, but that did not dampen demand.
Vodafone Idea
Vodafone Idea share price jumped around 3.5% following the announcement that its infrastructure arm raised Rs 3,300 crore through non-convertible debentures. The proceeds will be used to meet payment obligations to the parent company and support capital expenditure.
Reliance Industries
Reliance Industries share price jumped nearly 2%, placing it among the top gainers on the Nifty benchmark index. The move followed news that Reliance Consumer Products acquired a majority stake in Udhaiyams Agro Foods, bringing a regional staples brand into its expanding FMCG portfolio.
HCL Technologies
HCL Technologies share price declined marginally by around 1.2% after the company announced the acquisition of Hewlett Packard Enterprise’s Telco Solutions Business for $160 million, including performance-linked incentives. The market reaction was restrained. Investors appeared to be weighing the strategic merit rather than celebrating the announcement. The company said the deal will strengthen its engineering and AI-led network offerings and deepen relationships with global communication service providers.
BLS International Services
BLS International Services share price jumped more than 4% after the Delhi High Court set aside the Ministry of External Affairs’ debarment order against the company. The relief was decisive. The company confirmed that the two-year ban on participating in MEA tenders now stands quashed.
Shree Cement
Shree Cements share price declined about 1% after the company disclosed a lockout at its Baloda Bazar plant in Chhattisgarh due to non-cooperation by workmen. Management said it is monitoring the situation and will update on developments.
