The markets are stable in afternoon trade with the Sensex up 300 points while the Nifty is hovering close to the 26,000 level. The broader markets too are in the green with steady buying. However, there is lot of action in several individual stocks.
Here are the top movers and shakers at this hour:
Groww (Billionbrains Garage Ventures)
The Groww share price finally paused after an almost breathless run since listing. The stock dropped more than 10% to Rs 169.89 on the NSE, falling from its previous close of Rs 188.77. For a stock that only two days earlier had surged 11% to Rs 193.80 a staggering 94% jump from its IPO issue price of Rs 100 the pullback was unsurprising, yet it still unsettled traders who had grown accustomed to watching it climb without hesitation.
The company informed exchanges that it will hold an earnings conference call on November 21 to discuss its unaudited financial results.
KEC International
KEC International share price came under visible pressure, sliding over 6% to Rs 734.75 on the NSE. The company revealed it had received a letter from Power Grid Corporation of India Limited, dated November 18, stating that KEC has been barred from participating in PGCIL tenders or receiving contract awards for nine months.
Ongoing PGCIL projects remain unaffected, but the exclusion stems from alleged contractual issues related to an earlier matter disclosed on March 24.
Tenneco Clean Air India
Tenneco Clean Air India share price made a strong entry into the market. The stock listed at Rs 505 on the NSE, a premium of 27.20% over the IPO issue price of Rs 397, while the BSE listing came in at Rs 498, up 25.44%.
Infosys
The Infosys share price gained momentum, rising as much as 3.59% to Rs 1,539.80 after the company confirmed the schedule for its Rs 18,000 crore buyback. The programme will open on November 20 and close on November 26, allowing shareholders to tender up to 10 crore equity shares at Rs 1,800 each.
The company said the buyback aligns with its capital allocation strategy and balances operational needs with the objective of returning surplus funds to investors. The update boosted sentiment across the IT basket.
TCS rose 1.8% to Rs 3,142.20, while LTIMindtree advanced 2.7% to Rs 5,907.
The lift in TCS came after the company announced a five-year agreement with NHS Supply Chain for development, support, and maintenance of its core systems and cloud operations.
Tata Consultancy Services (TCS)
The TCS share price rose 2% to Rs 3,149 after investors reacted positively to its new contract with NHS Supply Chain. The mandate covers application development, support, maintenance, and cloud infrastructure over the next five years.
Despite today’s gains, TCS is still far from its 52-week high of Rs 4,494.90 hit in December 2024. The stock has faced a difficult six months, declining about 11% over that period.
Waaree Energies
Waaree Energies share price slipped after the company reported that officials from the Income Tax Department conducted searches at its offices. The stock fell as much as 6.3% to Rs 3,075.1 on the NSE and later steadied around Rs 3,160, still down nearly 4%.
The company said it is extending full cooperation to the authorities and that the proceedings are ongoing. The development overshadowed its strong quarterly performance. Net profit for the September quarter climbed 132.97% to Rs 842.55 crore, up from Rs 361.65 crore a year earlier.
KP Energy
KP Energy share price jumped 8% to an intraday high of Rs 424.95 after the company signed an MoU with Inox Wind. The partnership aims to jointly develop 2.5 GW of wind and hybrid renewable projects across several Indian states.
KP Energy will oversee project development, including approvals, land, connectivity, and EPC works, as well as operations and maintenance for the balance of plant. Inox Wind will provide the turbines, technical designs, commissioning, and O&M for the turbines. The market viewed the division of responsibilities as well-balanced and commercially practical.
MphasiS
Mphasis share price held firm, trading at Rs 2,696.10 after promoter Blackstone offloaded a 9.46% stake for Rs 4,726.06 crore in a bulk deal. Blackstone’s affiliate BCP Topco IX Pte sold 1.80 crore shares at an average of Rs 2,625.59.
After the sale, Blackstone’s holding has fallen from 40.10% to 30.64%. Mutual funds stepped in aggressively. HDFC MF, ICICI Prudential MF, and Kotak Mahindra MF together picked up more than 70 lakh shares, offering a level of support that helped stabilise the stock through the session.
Max Healthcare Institute
Max Healthcare Institute share price climbed 4.14% to Rs 1,162.90 after the company reported a strong financial performance for the September 2025 quarter. The healthcare major posted a 74.34% year-on-year jump in net profit to Rs 491.30 crore, compared with Rs 281.81 crore in the same period last year. Revenue from operations rose 25.07% to Rs 2,135.47 crore from Rs 1,707.46 crore a year ago, driven by robust growth across key business segments and higher patient volumes.
