The equity market has been quiet in the midday session with the Nifty 50 hovering around 25,770, while the BSE Sensex traded near 83,730. Individual stocks, however, continue to see strong traction.
Here are the top movers and shakers at this hour:
Coal India
Coal India remained firmly in focus, trading over 3% higher intraday, with the stock moving between Rs 427.40 and Rs 442 on the NSE. Shares are up 4.7% this week and nearly 10% over the month, driven by the massive investor response to the Bharat Coking Coal (BCCL) IPO.
Operationally, December coal production rose 4.6% year-on-year to 75.7 million tonnes, although year-to-date output of 529.2 MT remains 2.6% lower. Coal India has achieved about 60% of its FY26 target of 875 MT, with the market betting on a stronger second half.
Billionbrains Garage Ventures (Groww)
The share price of Billionbrains Garage Ventures, parent firm of Groww, saw a sharp decline in today’s trade. The shares plunged 3$ intraday in response to the Q3 results and saw a slight recovery after that. The Q3FY26 profit declined 28%. The Q3 revenue, however, saw a 25% jump.
In December, the company launched Groww Lite, a web-based emergency trading portal designed to allow users to exit positions during platform outages. The feature followed large-scale internet disruptions and was positioned as a safeguard rather than a growth lever.
Hindustan Zinc, metals pack
Metal stocks were the clear outperformers. The Nifty Metal index was up around 2.7% by midday, with most constituents trading in the green. Hindustan Zinc surged more than 6.5%, hitting a fresh 52-week high near Rs 671, supported by the ongoing global rally in silver.
Hindustan Zinc‘s positioning is unique. It is India’s only producer of primary silver directly from mined ore, with silver recovered as a high-margin by-product of zinc and lead operations. That mattered today, as silver crossed $90 an ounce internationally for the first time, briefly touching above $91.
The strength spilled over. Vedanta, the parent, scaled a new record high with gains above 6%. National Aluminium Company touched a fresh lifetime high near Rs 369.50, while Hindustan Copper traded over 4% higher around Rs 562.
Kotak Mahindra Bank
The 1:5 stock split of Kotak Mahindra Bank is effective starting today. The share price adjusted to the stock split, opening near Rs 426 per share.
The split does not change value or ownership, but it does alter optics. With a lower price per share and higher count, liquidity typically improves.
NLC India
NLC India stood out among PSUs, gaining close to 4% intraday after signing a non-binding MoU with the Government of Gujarat. The agreement outlines potential investments of about Rs 25,000 crore for large-scale renewable projects across solar, wind, hybrid, and battery storage.
Execution will be routed through NLC India Renewables, aligning with the company’s stated ambition of reaching 10 GW of renewable capacity by 2030.
RailTel Corporation of India
RailTel Corporation of India moved the other way. The stock slipped around 2.5% at its worst point after the Bihar Education Project Council cancelled orders worth about Rs 89.92 crore. The cancelled contract involved the supply of teaching and learning material for government schools.