It’s a steady mid-week session for the markets as the street awaits for the holiday-shortened week to end soon. The Sensex and the Nifty are stable, led by metals, pharma and select auto stocks. However, there are lots of big buzzers in trade today.
Here is the list of some of the biggest movers and shakers in trade today.
Nykaa
Nykaa or FSN e-Commerce Ventures’ share price is buzzing in trade today. The share price has rallied over 5% after the fashion e-commerce major declared steady Q1 performance. Nykaa sustained a strong momentum in its BPC segment while Fashion registered a pickup in growth this quarter. EBITDA margin expanded 100bp YoY to 6.5% versus consensus of 6.8%. However, the profits came in below estimates. Nivama expects the company to break even on the margin front by the end of FY26.
Suzlon
The Suzlon share price is under pressure. The company’s Group CFO Himanshu Mody has resigned, effective August 31. The company is in advanced stage to appoint a new Group CFO. The company is finalising plans and preparing its business model for export opportunities, with export orders expected to commence by the end of this year. The Management said it is confident of maintaining current momentum of order inflows.
BDL, HAL
The entire list of defence sector stocks are clocking smart intra-day gains. The BDL shares lead the chart with smart 8% gains while the HAL share price also soars over 3% in trade today. Motilal Oswal has upgraded Bharat Dynamics to Buy and also reiterated Buy on HAL after the Q1 performance. According to the brokerage house, HAL’s Tejas and space shuttle push and BDL’s growing defence export pipelines will act as catalysts for the share prices going forward.
Hindalco
Hindalco is one of the top Nifty gainers today. The share price of Hindalco has rallied 5% intra-day today. This is after the company posted Q1 results. The subdued Novelis performance was offset by the the stoing outperformance in India business. The long term outlook for Hindalco continues to remain buoyant and the capex guidance for India operations at at Rs 7,000 -7,500 crore for FY26. The company’s net debt decreased to Rs 34,300 crore in Q1FY26.
Waaree Energies
Most solar energy plays, including Waaree Energies are under pressure. The share price of Waaree Energies is under pressure on news that US has launched countervailing duty probe on solar cell imports from India, Indonesia and Laos. Exports to US comprise a big chunk of business for companies like Waaree Energies and Premier Energies.
However, just to remind our readers, this is not a comprehensive list of all the big buzzers in trade today. There are many other big movers in trade today.