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  5. Gujarat State Petronet, MMTC, Nava shares surge over 10% on heavy volumes; check full list

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Gujarat State Petronet, MMTC, Nava shares surge over 10% on heavy volumes; check full list

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By Abhishek Vasudev

3 min read | Updated on April 17, 2026, 12:30 IST

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SUMMARY

GSPL shares were witnessing heavier than usual trading activity as trading volume spiked by 20 times to 1.82 crore shares compared with an average trading volume of 9 lakh shares on the NSE.

Stock list

GSPL
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NAVA
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MMTC
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On the Nifty Smallcap 100 index almost 89 stocks were trading with gains while 11 were down. Image: Shutterstock

ITC, Hindustan Unilever, Reliance Industries, HDFC Bank and Maruti Suzuki were top movers in the SENSEX. | Image: Shutterstock

The Indian equity benchmarks moved higher in noon deals on Friday, April 17, powered by gains in index heavyweights like ITC, Hindustan Unilever, Reliance Industries, HDFC Bank and Maruti Suzuki. The NIFTY50 index was trading close to its intraday high of 24,300 while the SENSEX rose over 350 points.

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As of 11:52 am, the SENSEX was up 361 points at 78,350 and NIFTY50 index advanced 99 points to 24,296.

Here are stocks witnessing heavier than usual trading volumes
Gujarat State Petronet: Shares of the Gujarat government owned natural gas transmission company rose as much as 14% to hit an intraday high of ₹289.15. The stock came under buying interest after reports suggested that United States and Iran were in talks to hold a second meeting to end their seven-week war and reopen the transit of ships carrying crude oil, natural gas and LPG through the Strait of Hormuz.

Gujarat State Petronet shares were witnessing heavier than usual trading activity as trading volume spiked by 20 times to 1.82 crore shares compared with an average trading volume of 9 lakh shares on the National Stock Exchange (NSE).

On the BSE, a total of 7.72 lakh shares were traded compared with a two-week average trading volume of 33,000 shares.

MMTC: Shares of the state-run trading company jumped as much as 16.25% to hit an intraday high of ₹71.90 amid very high trading volumes.

Trading volume in MMTC shares surged by 14 times to 4.52 crore shares compared with an average trading volume of 32.6 lakh shares.

On the BSE, as many as 17.58 lakh shares changed hands compared with an average of 2.3 lakh shares traded daily in the past two weeks.

Nava: Shares of the Hyderabad-based ferroalloys, power generation, and mining company jumped 14% to hit an intraday high of ₹715, mirroring prevailing positive trend in power and metal stocks.

The stock surged for a seventh straight session on Friday and posted its biggest single day gain in over a year, data from the National Stock Exchange showed.

Meanwhile, the stock was witnessing very trading activity as volumes spiked by 12.6 times to 66.56 lakh shares compared with a two-week average volume of 5.26 lakh shares on NSE.

On the BSE, a total of 4.77 lakh shares were traded compared with its two-week average of 31,000 shares.

IRCON International: Shares of the state-run railway company rose as much as 13% to hit high of ₹159.60 amid spike in trading volumes.

On the NSE, trading volume in IRCON shares spurted by 6 times to 2.99 crore shares compared with an average volume of 48.53 lakh shares.

RVNL: Shares of the state-rain railway construction company posted its biggest single-day gain since September 2 after the company said that it emerged as the lowest (L1) bidder for East Coast Railway's third and fourth lines between Nergundi-Barang (22Km) and Khurda Road-Vizianagaram (363Km) on Bhadrak- Vizianagaram section (385Km).

The work includes construction of three bridges on an engineering, procurement, and construction (EPC) mode on Mahanadi, Kathjori and Kuakhai rivers.

Trading volume in the stock tripled as 2.91 crore shares were traded on the NSE as against its average trading volume of 1.01 crore shares.

On the BSE, as many as 13 lakh shares changed hands compared with an average of 6.25 lakh shares traded daily in the past two weeks.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

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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