NIFTY50 firm above 26,100; Radico Khaitan, JP Power, Hero MotoCorp, Groww among buzzing stocks

The Indian equity benchmarks were trading firmly higher on Thursday, November 20, led by gains in index heavyweights like Reliance Industries, HDFC Bank, Axis Bank, Bajaj Finance, ITC and Bajaj Finserv. The SENSEX rose as much as 312 points and NIFTY50 index touched an intraday high of 26,152 amid positive cues from global markets.

As of 12:12 pm, the SENSEX was up 287 points at 85,474 and NIFTY50 index advanced 92 points to 26,145.

With today's jump in stock price, Radico Khaitan posted its best single-day performance in over a year on the NSE. While, on the BSE, Radico Khaitan posted its best day in over five years, data from BSE showed.

Trading volume in Radico Khaitan shares spiked by 7 times as 14.80 lakh shares changed hands on the NSE compared with an average trading volume of 2.24 lakh shares.

On the BSE, as many as 1.07 lakh shares changed hands compared with an average of 9,204 shares traded daily in the past two weeks.

Adani Enterprises, the flagship firm of Adani Group, outbid Vedanta and Dalmia Bharat to win the bid for JP Associates.

"The Committee of Creditors (COC) of Jaiprakash Associates Limited (JAL), a company undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC), has approved the Resolution Plan submitted by Adani Enterprises Limited (AEL)," AEL said in a stock exchange filing.

Groww debuted on the stock exchanges NSE and BSE on November 12, 2025.

On Monday, November 17, the stock climbed 20% to ₹178.23 per unit, its upper-circuit level, on the National Stock Exchange (NSE).

The company's market valuation crossed the coveted ₹1 lakh crore mark.

On Tuesday, November 18, the stock jumped another 11% to hit a high of ₹193.80 on the NSE. This translated to a whopping 94% jump from the IPO issue price of ₹100.

The stock has been rallying for four sessions and has crossed ₹6,000 per share for the first time since September 2024. At 11:10 AM, Hero MotoCorp shares were trading at ₹6,023 apiece on NSE, rising 2.49%.

The stock has climbed over 9% in a week, while for a three-month period, it has jumped 17%. On a yearly basis, it has zoomed 26%. Since the beginning of 2025, Hero MotorCorp shares have soared more than 44%. The firm has a market capitalisation of ₹1.21 lakh crore.

The company had reported quarterly revenue of ₹12,126 crore, up 16% from ₹10,463 crore in the previous year. For H1 FY26, revenue stood at ₹21,705 crore, reflecting a 5% year-on-year increase.

The stock listed at ₹220 per share on the National Stock Exchange (NSE), reflecting a discount of 3.51% against the IPO issue price of ₹228 a unit.

On the BSE, it started trading at ₹218.40, down 4.1% from the issue price.

The BOM will comprise the CEO, key managerial personnel, and senior business leaders of the company, the electric power generation said in a regulatory filing.