Indian stock markets kicked off today’s trading session on a firm note. In the afternoon trade, the Sensex inched up 0.17% and the Nifty was holding steady above the 25,100 mark in intraday trade.
A mix of quarterly results, regulatory updates, and company-specific triggers is keeping traders on their toes. As Dalal Street heads into the afternoon session, here is a roundup of the top movers in the mid-day trade and what is driving the momentum-
Eternal (Zomato)
Eternal share price in the today’s trading session jumped 14.9% to hit a new record high of Rs 311.60. This surge in the share price of the company came even as the company reported a sharp 90% year-on-year drop in consolidated net profit for Q1FY26.
However, the street cheered its revenue growth, which surged 70% YoY to Rs 7,167 crore. This was led by strong performances in both quick commerce (Blinkit) and food delivery (Zomato) segments.
Swiggy
Swiggy share price rose as much as 7% in Tuesday’s trade, continuing their recent upward streak. The boost in the share price of the company came from Eternal’s Q1 earnings, as the company is the parent of Swiggy’s key rivals – Zomato and Blinkit.
Paytm
Share price of Paytm parent One97 Communication climbed 3% intraday to touch Rs 1,054 ahead of its Q1 earnings report. The fintech stock has gained 6% YTD and a 131% in the past year, as investors await the company’s April–June quarter results, expected later today.
HDFC Bank
HDFC Bank share price continued to gain for a second straight session. The share price of the lender rose nearly 3% in 2 days. The rally came after the company’s Q1FY26 earnings announced on July 19, coupled with its first-ever bonus issue and a special dividend announcement.
ICICI Bank
ICICI Bank shares touched a fresh all-time high of Rs 1,479.70 in early trade. The stock gained ground after the lender posted healthy Q1 numbers.
UltraTech Cement
UltraTech Cement shares slipped 3% from their 52-week high, even after posting strong results. The company reported a 49% YoY jump in net profit to Rs 2,226 crore and a 13% revenue rise. Brokerages like Motilal Oswal still remain bullish, citing UltraTech’s industry leadership, cost-saving measures, and expansion plans.
India Cements
India Cements shares jumped 5% in intraday trade. Investors reacted to management commentary aiming for EBITDA per tonne of Rs 1,000 by FY28, a sharp improvement from Rs 376 in Q1FY26. The company also confirmed it will continue to operate independently for now, with a review likely around FY27-28.