NIFTY50 at 25,463, SENSEX down 201 pts in noon deals; Bharti Airtel, BHEL, ABB India among buzzing stocks

The equity benchmark indices continued to trade lower in the afternoon session on Friday, November 7, dragged by IT and consumer durables stocks amid weak global cues. However, the indices have recovered from the day’s low.

Bharti Airtel shares were the biggest laggard, losing 4.33%, followed by IndiGo (-1.57%), Apollo Hospitals (-1.3%), Tech Mahindra (-1.3%) and Wipro (-1.21%).

Buzzing stocks on November 7: Checklist

Bharti Airtel

Shares of Bharti Airtel slipped 4.6% to an intraday low of ₹1,997.90 apiece on Friday after over 5.1 crore shares of the telecom firm were sold via a block deal.

According to media reports, Singapore’s Singtel was likely the seller. Citing sources, CNBC TV18 on Thursday reported that Singapore Telecommunications Ltd (Singtel) is likely to offload around a 0.8% stake in Bharti Airtel.

The report stated that the total block deal size is estimated at ₹10,300 crore, with a floor price of ₹2,030 per share—a 3.1% discount to the company’s prevailing market price.

At 12:18 PM, Bharti Airtel shares were trading at ₹2,008.20 apiece on NSE, declining 4.14%. It was the biggest laggard on the 50-share index.

BHEL

Bharat Heavy Electricals Limited (BHEL) shares rose as much as 1.5% to an intraday high of ₹263.95 apiece on Friday as the state-owned engineering firm secured an order worth ₹6,650 crore from NTPC Ltd for setting up an 800 MW unit at the Darlipali Supercritical Thermal Power Project Stage-II in Sundargarh district, Odisha.

“BHEL has received a notification of award from NTPC Ltd for 1x800 MW Darlipali STPP, Stage-II,” a regulatory filing said.

The nature of the order is EPC (engineering, procurement and construction) works, including design, engineering, supply of equipment along with erection & commissioning and civil works.

Broad consideration for the size of the order is over Rs 6,650 crore excluding GST, the filing said.

About the time frame for completion of the order, it stated that the completion of work is expected in 48 months from the date of notification of award.

At 12:20 PM, BHEL shares were trading at ₹263 apiece on NSE, gaining 1.13%.

Cummins India

Cummins India shares rallied over 4% to touch a 52-week high of ₹4,495 apiece on Friday, a day after the firm reported its September quarter earnings.

The company’s revenue increased 28% year-on-year (YoY) to ₹3,122 crore for the quarter ending September 30, 2025 (Q2 FY26), from ₹2,448 crore in the same period last fiscal year.

Cummins India reported a 41.4% jump in its standalone net profit for the reporting quarter at ₹638 crore as against ₹451 crore in Q2 FY25.

For Q2 FY26, Cummins’ earnings before interest, taxes, depreciation and amortisation (EBITDA) surged 48% YoY to ₹647 crore from ₹437 crore in the corresponding quarter of the previous fiscal year. Its margin for Q2 FY26 expanded to 20.7% in contrast to 17.8% YoY.

After opening at ₹4,399.90 per share on Friday, Cummins India stock touched an intraday high of ₹4,495 apiece and a low of ₹4,251 apiece. Though the stock was trading in green, it lost momentum later following weak market sentiment. At 12:22 PM, the stock was trading at ₹4,287.90 apiece on NSE, falling 0.65%.

Amber Enterprises

Shares of electronics manufacturing company Amber Enterprises fell as much as 14% to hit an intraday low of ₹6,736.50 on NSE, a day after the company reported a net loss in the September quarter against a profit in the same period last year.

Amber Enterprises post-market hours on Thursday reported a loss of ₹33 crore in the second quarter of the current financial year against a net profit of ₹19 crore in the same period last year. The company’s loss came on the back of weak performance by the room air conditioner vertical.

Its revenue from operations declined 2% in Q2 to ₹1,647 crore from ₹1,685 crore a year earlier.

The company reported weak operational performance, as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), also known as operating profit, declined 21% to ₹91 crore, and its operating profit margin contracted by 130 basis points to 5.53%.

As of 12:24 PM, Amber Enterprises shares were seen 7.91% lower at ₹7,213 apiece on NSE.

ABB India

ABB India shares were under pressure in the early trade on Friday, a day after the company reported its financial results for the quarter ended September 30, 2025. The stock slipped as much as 5% to ₹4,962.5 on the NSE. At 12:26 PM, ABB India shares were trading at ₹5,001.50 apiece on NSE, declining 4.33%.

The electrification and automation major ABB on Thursday reported a 7% decline in net profit to ₹409 crore for the September quarter (Q3 FY26), mainly due to rising material costs. The company follows a January-to-December fiscal year.

It had posted a net profit of ₹440 crore in the quarter ended September 30, 2024, a company statement said.

The company's revenue grew 14% to ₹3,311 crore for the September quarter from ₹2,912 crore a year ago.

All business areas posted a growth in revenue during the quarter, led by robotics and discrete automation, it stated.

Studds Accessories

Shares of helmet maker Studds Accessories made a weak debut on the stock exchanges on Friday.

The stock started trading at ₹565 apiece on the National Stock Exchange (NSE). This reflects a discount of 3.42% against the IPO issue price of ₹585 per share.

On the BSE, the scrip listed at ₹570 per share, down 2.56% from the issue price.

The ₹455.49 crore initial share sale was completely an offer for sale of 7,786,120 equity shares by promoters and shareholders. The price range was set at ₹557 to ₹585 per share.

The initial public offering was subscribed 73.25 times, with bids for 39,923,6150 equity shares as against 5,450,284 shares on offer, according to the NSE data.

Studds Accessories, incorporated in 1983, designs, manufactures, and sells two-wheeler helmets and motorcycle accessories. It is among the largest 2-wheeler helmet manufacturers by revenue in the financial year 2023-24 in India and also the world’s largest by volume in CY24.

Lupin

Shares of Lupin Ltd advanced as much as 2.38% to an intraday high of ₹2,002 apiece on NSE after it posted its Q2 FY26 earnings. The stock was trading 0.64% higher at ₹1,968 per equity share as of 12:30 PM.

The drug maker reported a 73.34% YoY increase in its consolidated net profit to ₹1,477.92 crore in the September quarter of FY26, led by robust sales in the US and emerging markets. During the corresponding period, its net profit stood at ₹852.63 crore.

The Mumbai-based drug manufacturer witnessed a 24.3% YoY surge in its sales, which stood at ₹6,831.43 crore during the quarter under review, compared to ₹5,497.01 crore in the second quarter of the previous fiscal year.

On a geographic scale, the United States contributed 40% to its sales, followed by India at 30%, other emerging markets (Latin America, South Africa, the Philippines, and the rest of the world) at 14%, other developed markets (Canada, Australia, Europe, and others) at 12%, and API at 4%.

At an operational level, its EBITDA, also known as operating profit, was at ₹2,431.3 crore in Q2FY26, representing a 75.8% YoY jump from ₹1,382.7 crore in the year-ago period. Its EBITDA margin expanded by 1,040 bps annually to 35.6% during the quarter, as against 25.2% in Q2FY25.