Gallantt Ispat, Swaraj Engines, New India Assurance, others rally up to 18%; check list of high-volume stocks

The equity market indices were trading lower during the afternoon hours on Monday, October 12, as investors remained cautious amid the rebound in crude oil prices above $105 per barrel, elevated US Treasury yields and selling pressure from the Asian markets.

NSE data showed that the benchmark NIFTY50 index was down 0.74% at 22,351.80 points during the afternoon market hours on October 12, in comparison to 22,520.45 points at the previous equity market close.

The BSE SENSEX index was trading 0.92% lower at around 71,803 points during the noon deals on Monday’s market, in comparison to 72,472.33 points at the previous stock market close, as per the exchange data.

There were several high-volume stocks on Monday’s market, as investors carried out stock-specific action amid an overall weakness in the broader indices. Here are a few popular stocks on the list.

Stocks witnessing high-volume trading activity

Gallantt Ispat

Shares of Gallantt Ispat rallied 18% to an intraday high of ₹594 apiece during the trading session on October 12, in comparison to ₹503.75 apiece at the previous equity market close, as per NSE data.

Trading volumes surpassed 1.73 crore equity shares during the intraday session on Monday, marking a 244.26 times increase in activity when compared to the average one-week trading volume of 70,994 shares.

The exchange data also showed that the trading activity increase on October 12 triggered the high-volume gains, marking a 288 times increase in volumes over the past two-week average of 60,061 shares.

Swaraj Engines

Swaraj Engines shares rallied nearly 15% to ₹3,949.50 apiece during the trading session on Monday, in comparison to ₹3,439.10 apiece at the previous equity market close, as per the exchange data.

Trading activity in Swaraj Engines surged above 5.09 lakh equity shares, marking a 56.14 times increase in overall volumes when compared to the one-week average of 9,070 shares, and a 57.31 times surge in trading in comparison to 8,884 equity shares, the two-week average.

The filings also showed that the company’s revenue from operations jumped 26% YoY to ₹635 crore in the June to September quarter of FY27, as against ₹504 crore recorded in Q2 FY26.

The company’s margins remained stable, advancing to 13.64% from 13.45% on a YoY basis.

New India Assurance Co.

Shares of New India Assurance Co. rallied 15% to hit an intraday high of ₹186.79 apiece during the trading session on Monday, October 12, compared to ₹162.23 apiece at the previous stock market close, as per NSE data.

Data also showed that the trading volumes surged to 5.49 crore equity shares, marking an increase of 21 times over the previous one-week average trading volume of 26,13,890 equity shares.

The trading volumes increased to Monday’s highs, marking a 22.3 times increase when compared to the two-week average volumes of 24,53,588 equity shares on NSE.

Poonawalla Fincorp

Trading activity surpassed 2.20 crore equity shares on the National Stock Exchange, marking over 19.6 times growth in trading volumes when compared to the one-week average activity of 11,21,694 equity shares.

NSE data further showed that the high-volume gains on Monday marked a 21.5 times improvement in trading activity in comparison to the two-week average of 10,19,105 equity shares.

The company’s stock was reacting to the healthy Q2 earnings performance for FY27 and overall asset quality improvement in the period under review.

Syngene International

Shares of Syngene International surged 7.5% to touch an intraday high of ₹373.50 apiece on Monday’s market, in comparison to ₹347.40 apiece at the previous equity market close, according to NSE data.

Trading activity surged to 27,09,615 equity shares during the trading session on October 12, marking a 7.6 times increase in volumes over the previous one-week average of 3,54,967 equity shares.

The exchange data also showed that high-volume gains were triggered on Monday, marking a 6.9 times increase in overall trading volumes in comparison to the two-week average of 3,89,360 equity shares.