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  5. HBL Engineering, Wipro, L&T Finance shares spurt amid spike in volumes; check full list

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HBL Engineering, Wipro, L&T Finance shares spurt amid spike in volumes; check full list

image Abhishek Vasudev
By Abhishek Vasudev

3 min read | Updated on October 16, 2026, 12:50 IST

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SUMMARY

HBL Engineering shares rose as much as 15% to an intraday high of ₹814. The stock came under buying interest after Tonbo Imaging, in which HBL Engineering holds significant stake, was witnessing high demand during the ongoing share sale via IPO.

Stock list

THANGAMAYL
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WIPRO
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HBLENGINE
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CCL
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Dow Jones, S&P 500 and Nasdaq futures indicate a positive open ahead of the opening bell on Tuesday, October 6. | Image: Shutterstock

Wipro shares advanced as much as 6.67% to an intraday high of ₹185.30 after it recorded a 1.92% year-on-year decline in its PAT to ₹3,200 crore in Q2. | Image: Shutterstock

The Indian equity benchmarks staged a recovery from lower levels in late morning deals on Friday, October 16. The SENSEX rose as much as 765 points from the day's lowest level and NIFTY50 index touched an intraday high 23,150 led by gains in index heavyweights like Bharti Airtel, Infosys, Tata Consultancy Services, Tech Mahindra, Mahindra & Mahindra, Bajaj Finance and HDFC Bank.

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As of 12:40 pm, the SENSEX was up 410 points at 74,725 and NIFTY50 index advanced 140 points to 23,137.

Here are shares witnessing heavier than usual trading activity:
HBL Engineering: Shares of the industrial products maker rose as much as 15% to an intraday high of ₹814. The stock came under buying interest after Tonbo Imaging, in which HBL Engineering holds significant stake, was witnessing high demand during the ongoing share sale via IPO.

Tonbo Imaging was subscribed 5.45 times by 12:00 pm on the second day of subscription.

Meanwhile, HBL Engineering shares were witnessing spike in trading activity as volumes jumped by 14.9 times to 1.29 crore shares compared with an average volume of 8.65 lakh shares.

CCL Products: Shares of the country's leading tea and coffee producer declined as much as 2.15% to an intraday low of ₹988 after its net profit dropped 85% to ₹43 crore in the second quarter of current financial year from ₹112 crore in the same period last year.

Trading volume in the stock jumped 6.5 times to 6.52 lakh shares compared with an average volume of 99,880 shares on the NSE.

Thangamayil Jewellery:* Shares of the Tamil Nadu based jewellery retailer advanced as much as 8.9% to an intraday high of ₹5,220 amid spike in trading activity.

Trading volume jumped by four times to 1.23 lakh shares compared with an average volume of 31,182 shares on the NSE.

As many as 15,000 shares changed hands on the BSE compared with an average of 4,121 shares traded daily in the past two weeks.

L&T Finance: Shares of the non-banking finance company (NBFC) fell as much 6% to an intraday low of ₹246 after its profit after tax in the second quarter of current financial year stood at ₹975 crore versus ₹735 crore, up 33% year-on-year (YoY).

Trading volume spiked by 3.8 times to 1.66 crore shares compared with an average volume of 43.54 lakh shares on the NSE.

As many as 8.09 lakh shares changed hands on the BSE compared with an average of 5.97 lakh shares traded daily in the past two weeks.

Wipro: Shares of the country's leading information technology company advanced as much as 6.67% to an intraday high of ₹185.30 after it recorded a 1.92% year-on-year decline in its PAT to ₹3,200 crore in the second quarter of the financial year 2026-27, according to a regulatory filing on Thursday, October 15.

The company had posted a post-tax profit of ₹3,262.40 crore a year back. Sequentially, profit fell 4.67%.

Its revenue from operations advanced 9.06% YoY to ₹24,753 crore in Q2 FY27, compared to ₹22,697 crore in the same period of the previous fiscal year. Sequentially, revenue rose 1.12%.

Trading volume jumped by 3.3 times to 4.95 crore shares compared with an average volume of 1.49 crore shares.

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

image Abhishek Vasudev
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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