Indian Stocks Roar! Markets Steady But THESE Companies Surge To New Highs!

Industrial Goods/Services

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Updated on 13 Nov 2025, 08:14 am

The Indian stock market displayed steadiness today, with the Nifty holding above 25,900 and the Sensex marking a nearly 300-point gain. Despite quiet indices, stock-specific news drove significant price action. Groww's parent company, Billionbrains Garage Ventures, saw its shares climb an impressive 10% intra-day, extending its gains to nearly 45% above its Rs 100 issue price. Honasa Consumer, the parent of Mamaearth, was a star performer, jumping 9.43% to its highest single-day spike in almost a year, driven by a positive Q2 FY26 margin surprise, with Jefferies forecasting up to 58% upside. Asian Paints also experienced a sharp rise, hitting its 52-week high and becoming a top Nifty gainer, as its strong Q2 performance exceeded market expectations, leading brokerages like Jefferies and Motilal Oswal to raise their targets, suggesting the worst is over regarding input cost swings.

Conversely, Cochin Shipyard's share price slipped 4.77% after reporting weaker-than-expected Q2 earnings. Hindustan Aeronautics (HAL) saw its shares drop over 2% following mixed September quarter results, where profit increased but EBITDA and margins declined. Vedanta's stock moved up 2.66% to its 52-week high as the NCLT heard arguments on its demerger matter, with traders reacting positively to the procedural progress. Endurance Technologies faced pressure, falling 7.87% despite reporting strong half-year numbers. Ashok Leyland, however, was a gainer in the auto sector, climbing 4.67% on steady Q2 FY26 growth, surpassing its previous 52-week high.

Heading: Impact Rating: 7/10

Heading: Definitions * **Q2 FY26**: This refers to the financial results for the second quarter of the fiscal year 2026. Fiscal years often differ from calendar years, and companies report their financial performance in quarters. * **Intra-day**: This refers to movements or trading activity that occurs within a single trading day. * **Issue Price**: The price at which shares are first offered to the public during an Initial Public Offering (IPO). * **52-week high**: The highest price a stock has traded at over the past 52 weeks (one year). * **Brokerages**: Financial firms that provide investment advice and execute trades on behalf of clients. * **Margin Surprise**: An unexpected improvement in a company's profit margin (the profit generated per unit of revenue). * **NCLT**: National Company Law Tribunal, a quasi-judicial body in India that deals with corporate matters. * **Demerger**: The separation of a company into two or more distinct entities, often to unlock value or streamline operations. * **EBITDA**: Earnings Before Interest, Taxes, Depreciation, and Amortization. It's a measure of a company's operating performance. * **P/E (Price-to-Earnings) Ratio**: A valuation metric that compares a company's stock price to its earnings per share.