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L&T Technology Services, Fractal Analytics, India Cements shares surge amid spike in volumes

image Abhishek Vasudev
By Abhishek Vasudev

3 min read | Updated on October 21, 2026, 13:10 IST

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SUMMARY

L&T Technology Services shares rose as much as 15% to an intraday high of ₹4,143 after it reported a net profit of ₹548 crore in the second quarter of current financial year, marking an increase of 66% from ₹329 crore in the same period last year.

Stock list

LTTS
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FRACTAL
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INDIACEM
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KALYANKJIL
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PIRAMALFIN
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fpi-sell-off-september-2026-indian-share

Trading volume in LTTS shares jumped by 45.6 times to 58.47 lakh shares compared with an average volume of 1.28 lakh shares. | Image: Shutterstock

The Indian equity benchmarks erased intraday gains in noon deals as spike in crude prices dented investor sentiment towards equities. The SENSEX fell as much as 1,325 points from the day's highest level and NIFTY50 index touched an intraday low of 22,702 after hitting an intraday high of 23,121 dragged down by losses in index heavyweights like HDFC Bank, Bajaj Finance, Axis Bank, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Maruti Suzuki and NTPC.

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As of 12:49 pm, the SENSEX was down 361 points at 73,491 and NIFTY50 index dropped 141 points to 22,747.

Here are share surging amid spike in volumes:
L&T Technology Services: The country's leading information technology company rose as much as 15% to an intraday high of ₹4,143 after it reported a net profit of ₹548 crore in the second quarter of current financial year, marking an increase of 66% from ₹329 crore in the same period last year.

Its revenue from operations jumped 12% to ₹3,040 crore at the end of September quarter from ₹2,713 crore a year earlier. On a sequential basis, its revenue rose 3.4%.

In dollar terms, L&T Technology Services' revenue rose 4.8% to $317 million and operationally company reported stable earnings as its EBIT margin improved by 60 basis points to 16.3%.

Trading volume jumped by 45.6 times to 58.47 lakh shares compared with an average volume of 1.28 lakh shares.

Fractal Analytics: Shares of the software services company advanced as much as 7% to an intraday high of ₹763 after the company informed exchanges that Shilpa Kedia has joined the company as Chief Financial Officer (CFO), effective immediately.

Trading volume on the National Stock Exchange (NSE) jumped by 19.4 times to 50.24 lakh shares compared with an average volume of 2.59 lakh shares.

As many as 3.02 lakh shares changed hands on the BSE compared with an average of 12,000 shares traded daily in the past two weeks.

India Cements: Shares of the country's leading cement maker advanced 7.8% to an intraday high of ₹317 amid spike in trading activity.

Trading volume jumped by 14.9 times on the NSE to 78.93 lakh shares compared with an average volume of 5.3 lakh share.

A total of 3.61 lakh shares changed hands on the BSE as against its two-week average of 1.12 lakh shares.

Piramal Finance: Shares of the Mumbai-based non-banking finance company advanced as much as 4.36% to an intraday high of ₹2,033.15 after it reported a consolidated net profit of ₹545 crore in the second quarter of current financial year, marking an increase of 67% from ₹327 crore in the same period last year.

Its interest income rose 26% to ₹3,253 crore at the end of September quarter from ₹2,585 crore in the year-ago period.

Piramal Finance's assets under management (AUM) increased 24% year-on-year (YoY) to ₹1,13,112 crore, driven by 30% YoY increase in growth AUM, which excludes the discontinued legacy business.

Trading volume in the stock jumped by 5.8 times to 9.85 lakh shares compared with an average volume of 1.7 lakh shares.

Gland Pharma: Shares of the jewellery retailer advanced as much as 3.73% to an intraday high of ₹572.60 amid spike in trading activity.

Trading volume on the NSE jumped by 3.6 times to 1.01 crore shares compared with its average volume of 28 lakh shares.

On the BSE, 5.33 lakh shares changed hands compared with an average of 3.99 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

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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