Aditya Infotech, Patanjali, Hero Motors among buzzing stocks as SENSEX rises nearly 370 pts; NIFTY trades above 23,400

The Indian benchmark indices, SENSEX and NIFTY50, rallied during the afternoon session on Wednesday, September 23, amid a decline in global crude oil prices and buying in metal, realty and PSU banking stocks.

The SENSEX soared as much as 0.6% to hit an intraday high of 74,973.74. Meanwhile, the NIFTY50 gained as much as 0.6% to touch the session’s peak of 23,466.90.

At 1:19 PM, the S&P BSE SENSEX advanced by 369.14 points, or 0.50%, to trade at 74,898.22, while NSE’s NIFTY50 stood at 23,447.80, marking a 118.80-point, or 0.51% jump.

The NIFTY50 index was supported by gains in Tata Steel, Bajaj Finance, JSW Steel, Hindalco Industries, and Apollo Hospitals Enterprise, which were among the top winners.

On the other hand, the top losers included Titan Company, Coal India, Infosys, Tata Consultancy Services (TCS), and Cipla.

Buzzing stocks on September 23: Check list

Metal stocks like Welspun, Vedanta, Hindustan Copper, SAIL, and Hindustan Zinc, among others, gained up to 4% on Wednesday, September 23, as investors focused on copper prices hitting a fresh all-time high.

Data showed that Copper futures in the US touched an all-time high of $6.92 per pound, rising around 4.6% in the last five market sessions.

Investors were primarily focused on the momentum from copper metal prices, which have successfully risen for the 7th consecutive trading session amid persistent demand and production and supply chain disruption scenario in the market.

With lower copper production in major exporting countries like Indonesia and DRC due to operational incidents, the total output declined, resulting in the creation of supply constraints in the market, which has been supporting prices.

Shares of Adani Group companies were in positive territory in the early session on Wednesday, September 23, after market regulator SEBI on Tuesday settled adjudication proceedings against five Adani group companies.

The proceedings were over alleged violations related to the disclosure of related-party transactions and audits, as well as limited review reports, with the firms collectively paying ₹1.5 crore as a settlement amount.

Shares of Neogen Chemicals, NMDC, Vedanta, Hindustan Copper and GMDC were in focus on Wednesday, after the Mines Ministry on Tuesday said it would soon introduce an incentive scheme to promote the domestic processing of lithium and nickel.

The initiative is intended to support the creation of an integrated critical mineral value chain in the country and lower India's dependence on imported processed materials, Mines Secretary Keshav Chandra said.

"Very soon, we will be launching our scheme for lithium and nickel," Chandra said at the 60th Annual General Meeting of the Federation of Indian Mineral Industries (FIMI).

The government has also cleared proposals for setting up critical mineral processing parks in Gujarat, Maharashtra, Odisha and Andhra Pradesh.

The stock of RHI Magnesita gained as much as 5.74% to hit an intraday high of ₹401 per equity share on the National Stock Exchange (NSE) on September 23, after Dalmia Bharat Refractories on Tuesday divested more than an 11% stake in RHI Magnesita India for ₹826 crore through an open market transaction.

According to block deal data available on the National Stock Exchange (NSE), Dalmia Bharat Refractories Ltd sold 2,29,41,224 shares, amounting to nearly an 11.11% stake in RHI Magnesita India.

The shares were disposed of at an average price of ₹360 apiece, taking the transaction value to ₹825.88 crore. After the latest transaction, Dalmia Bharat Refractories' holding in RHI Magnesita India dropped to 1.43% from 12.54%.

Allcargo Terminals shares jumped as much as 8% to touch the session’s peak of ₹26.30 per unit on the NSE, as the company reported its monthly business update for August 2026.

In its monthly update for August 2026, the company stated that its total volumes, including CFS (Container Freight Station) and IDC (Inland Container Depot, stood at 65.6 thousand twenty-foot equivalents (TEUs), according to a regulatory filing dated September 22.

The company said its total volumes were up 6% year-on-year (Y-o-Y) as against August 2025 and surged 5% month-on-month (M-o-M) compared with July 2026.

Solex Energy shares rose as much as 13.4% to hit an intraday high of ₹770 per equity share, as the company announced that the management is targeting a revenue potential of ₹4,500 crore by FY28, and an order visibility of ₹3,400 crore in the upcoming period.

"The company is targeting revenue potential of more than ₹4,500 crore by FY28, while maintaining a disciplined approach towards capital deployment, execution and technology investments," Solex Energy informed the stock exchanges.

Shares of Aditya Infotech were locked at the 5% upper circuit on Wednesday, September 23, as the company opened its qualified institutional placement (QIP) on September 22.

According to a regulatory filing dated Tuesday, the firm said that its QIP committee considered and approved opening the issue on September 22.

Aditya Infotech set the floor price of the QIP issue at ₹3,648.43 per equity share, “based on the pricing formula as prescribed under the SEBI ICDR Regulations”, it stated.

The company had received shareholder approval to raise up to ₹1,500 crore. The funds are expected to support debt repayment, capital expenditure, inorganic growth and general corporate purposes.

Optiemus Infracom stock rallied as much as 20% to hit a 52-week high of ₹850.65 per equity share after the government on Tuesday mandated compulsory Bureau of Indian Standards (BIS) certification for smartphone screen protectors, requiring entities to secure regulatory approval before selling such products in India.

The move is expected to curb sales of low-quality smartphone screen protectors and help domestic manufacturers like Optiemus Infracom, analysts noted.

"The provisions of Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021, shall apply to the goods or articles as specified in column 2 (Screen Protectors for smartphones), added to the schedule of the said order by virtue of this notification, for conforming to the corresponding Indian standard as specified in column 3 IS 19348:2025), with effect from 1st April, 2027," a government notification dated September 21 said.

Oswal Pumps shares rallied as much as 8.3% to hit an intraday high of ₹296.35 apiece on the National Stock Exchange (NSE) on Wednesday, September 23, as the company secured an order from the Telangana Renewable Energy Development Corporation Limited (TGREDCO) for the design, supply, installation and commissioning of 2 kilowatt (kW), 5-kW, and 10-kW on-grid solar rooftop photovoltaic (PV) power plants across 9,937 government schools in 33 districts of Telangana.

The project, worth ₹273.19 crore (excluding GST), covers an aggregate capacity of 46,705 kW (46.7 MW) and includes Mono Passivated Emitter and Rear Cell (PERC)/Tunnel Oxide Passivated Contact (TOPCON) solar modules, along with standard structures and remote monitoring systems (RMS).

According to a regulatory filing, the order also includes comprehensive maintenance for a period of five years.

The stock 360 One Wam advanced 4.66% to an intraday high of ₹1,122 after the company informed exchanges that Aashish Agarwal is joining as Chief Executive Officer of the 360 ONE WAM Group, partnering with the firm's founders to further grow and strengthen the business.

Karan Bhagat, currently Managing Director & CEO, will be appointed as Vice Chairman and continue as Managing Director of the Group, driving group strategy, capital allocation and key client and institutional relationships. Yatin Shah, Co-Founder, 360 ONE, will continue to drive 360 ONE’s decade-long leadership in wealth management.

Shares of Skipper Ltd rose as much as 3.3% to touch the session’s peak of ₹580 apiece, as the company secured fresh new orders worth ₹797 crore for domestic and international power T&D projects.

According to a regulatory filing, the order wins include international export orders for the supply of transmission towers and monopoles for power T&D projects in Australia, and a domestic 765 kV transmission line project from a reputed domestic developer.

The stock of Patanjali Foods climbed as much as 2.2% to hit an intraday high of ₹412.90 per equity share, after the global investment firm Jefferies, in a note, said that it remains confident of Patanjali Foods achieving the higher end of edible oil margin guidance of 4% and sustaining 18-20% margins in the home and personal care segment.

Jefferies said that its management highlighted near-term rural demand softness but expects a festive-led recovery driven by resilient urban demand.

Despite sunflower oil supply disruptions and commodity inflation, it maintained FY27 growth guidance of 4% volume for edible oil, 8-10% for foods, and 15% for the home and personal care segment, Jefferies added.

Shares of auto components maker Hero Motors Ltd hit their upper circuit level on Wednesday, September 23, after listing at a discount.

It listed at ₹82 apiece on the NSE. This reflects a discount of 2.38% per share against the IPO issue price of ₹84. On the BSE, the stock is listed at ₹82.10 per unit, down 2.26% from the issue price.

Later, the scrip rose 20% to ₹98.40 per unit on NSE, hitting its upper circuit. Its market capitalisation stands at ₹4,469.48 crore.

Shares of Jindal Supreme (India) Ltd made a robust debut on the stock exchanges on Wednesday, September 23.

The stock is listed at ₹120 per share on the National Stock Exchange (NSE), reflecting a premium of 29.03% over the IPO issue price of ₹93 apiece. On the BSE, it started trading at ₹121.90, up 31.08% from the issue price.

A lot consisted of 161 shares and cost ₹14,973. Investors who received the Jindal Supreme IPO allotment made ₹4,347 per lot, taking the value of their investment to ₹19,320, as per the listing price on the NSE.

The ₹124.88 crore initial public offering was a mix of a fresh issue of 1.07 crore shares worth ₹99.89 crore and an offer-for-sale (OFS) component of 26.87 lakh shares aggregating to ₹24.99 crore by promoter group entity VVJ Enterprise Pvt Ltd.

The stock of SS Retail Ltd on Wednesday, September 23, listed at ₹624, a premium of 47.17% over the issue price of ₹424 on the NSE. It started trading at ₹639.10, up 50.73% from the issue price on the BSE.

A lot consisted of 35 shares and cost ₹14,840. Investors who received the SS Retail IPO allotment made ₹7,000 per lot, taking the value of their investment to ₹21,840, as per the listing price on the NSE.

The initial public offering was booked 103.30 times. It received bids for 90,83,98,995 shares against 87,93,884 shares on offer, as per data available on the BSE website.