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  5. Coforge, SRF, Tejas Networks shares surge over 8% amid heavy volumes; check full list

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Coforge, SRF, Tejas Networks shares surge over 8% amid heavy volumes; check full list

Abhishek Vasudev.jpg
By Abhishek Vasudev

3 min read | Updated on May 06, 2026, 13:47 IST

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SUMMARY

Coforge shares rose as much as 10.86% to hit an intraday high of ₹1,295.80 after the company reported a robust set of numbers for the March quarter (Q4 FY26).

Stock list

SRF
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TEJASNET
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COFORGE
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HAPPSTMNDS
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AJANTPHARM
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Top gainers and losers, NIFTY50, SENSEX

The SENSEX fell as much as 902 points from the day's highest level to touch a low of 76,773. | Image: Shutterstock

The Indian equity benchmarks erased intraday gains in noon deals and were trading with a negative bias on Wednesday, May 6, dragged down by losses in index heavyweights like Reliance Industries, Larsen & Toubro, Kotak Mahindra Bank, Infosys and Hindustan Unilever. The SENSEX fell as much as 902 points from the day's highest level and NIFTY50 index dropped below 24,000 after touching an intraday high of 24,251.

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As of 1:08 pm, the SENSEX was down 106 points at 76,912 and NIFTY50 index was up 7 points at 24,039.

Here are stocks witnessing heavier than usual trading volumes:
Coforge: Shares of the country's leading information technology (IT) company rose as much as 10.86% to hit an intraday high of ₹1,295.80 after the company reported a robust set of numbers for the March quarter (Q4 FY26).
The company reported a multi-fold surge in consolidated net profit to ₹612.3 crore for January-March FY26, driven by a major one-time tax benefit and strong operational growth.

The company had posted a net profit (attributable to owners of the company) of ₹261.2 crore in the year-ago period.

Revenue from operations grew 30% to ₹4,450.4 crore in Q4 FY26, from ₹3,422.2 crore logged a year ago.

Trading volume on the National Stock Exchange (NSE) jumped by 15 times to 2.31 crore shares compared with an average volume of 15.33 lakh shares.

Tejas Networks: Shares of the telecom equipment and accessories maker rose as much as 14.87% to hit an intraday high of ₹488.90 amid spike in trading activity.

Trading volume on the NSE jumped by 13 times to 2.62 crore shares compared with an average of 20.48 lakh shares.

On the BSE, as many as 13.49 lakh shares changed hands compared with an average of 1.31 lakh shares traded daily in the past two weeks.

SRF: Shares of the chemical maker advanced as much as 9.18% to ₹2,760 after its revenue in Q4 rose by 7% to ₹4,615 crore. The company’s Operational Earnings before Interest and Tax (EBIT) increased 12% from ₹906 crore to ₹1,011 crore in Q4FY26 compared with corresponding period last year.

The company's board approved capital expenditure plan of ₹2,500 crore for the new generation refrigerants project.

The stock was witnessing higher than usual trading activity as volume jumped by nine times to 33.60 lakh shares compared with an average volume of 3.81 lakh shares.

On the BSE, a total of 1.75 lakh shares change hands compared with an average of 37,000 shares traded daily in the past two weeks.

Ajanta Pharma: Shares of the Mumbai-based drug maker advanced as much as 7.5% to hit an intraday high of ₹3,115 after its net profit in March quarter rose 18% to ₹267 crore from ₹225 crore in the year-ago period.

The company's revenue from operations rose 21% to ₹1,422 crore.

Trading volume jumped by 7.4 times to 5.71 lakh shares compared with an average volume of 77,425 shares.

Happiest Minds Technologies: Shares of the Bengaluru-based IT company rose as much as 7.4% to hit an intraday high of ₹404 mirroring gains in other mid-tier IT companies.

Trading volume jumped by six times to 24 lakh shares compared with an average of 3.86 lakh shares.

On the BSE, as many as 1.22 lakh shares changed hands compared with an average 32,000 shares traded daily in the past two weeks.

About The Author

Abhishek Vasudev.jpg
Abhishek Vasudev is a business journalist with over 15 years of experience covering business and markets. He has worked for leading media organisations of the country.

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