NIFTY50 near 25,950, SENSEX up 244 pts in noon deals; Asian Paints, Groww, Tata Steel among buzzing stocks

The Indian equity benchmark indices recovered early losses and gained momentum on Thursday, November 13, supported by positive cues from Asian markets and strong buying in metal and realty stocks. Meanwhile, Nifty Bank and Nifty Midcap 100 also hit fresh record highs.

At 12:38 PM, the S&P BSE SENSEX was up 244.40 points, or 0.29%, at the 84,710.91 level, while NSE’s NIFTY50 was trading at the 25,944.15 level, rising 68.35 points, or 0.26%.

Asian Paints shares were the biggest contributor, gaining 3.58%, followed by IndiGo (2.23%), ICICI Bank (2.1%), Hindalco Industries (1.44%) and Jio Financial Services (1.2%).

On the flip side, Eternal (-2.09%), Tata Motors CV (-1.34%), Shriram Finance (-1.14%), ONGC (-1.1%), and Tata Motors Passenger Vehicles (-0.87%) were the biggest losers on the NIFTY50 index.

Buzzing stocks on November 13: Check list

Shares of Asian Paints, India's largest paint manufacturer, were trading with impressive gains on the NSE on Thursday, following the company's encouraging set of numbers for the quarter ended September 30, 2025 (Q2 FY26).

The stock advanced as much as 4.59% to hit its 52-week high level of ₹2,897.10 on the NSE. At 12:45 PM, Asian Paints shares were trading at ₹2,870 apiece on NSE, gaining 3.62%. It was the biggest contributor on the NIFTY50 index. With today's rally, the stock has gained nearly 10% in five sessions.

The major paint company on Wednesday reported an increase of 46.8% in consolidated net profit at ₹1,018.23 crore in the September quarter of FY26. The company had logged a net profit of ₹693.66 crore during the July-September period a year ago, according to a regulatory filing by Asian Paints.

Its revenue from sales was up 6.38% to ₹8,513.70 crore in the September quarter of FY26 against ₹8,003.02 crore recorded in the corresponding period a year ago. Asian Paints' total expenses were at ₹7,376.69 crore in the September quarter, up 4% year on year.

Shares of Ashok Leyland jumped 6% to hit a 52-week high of ₹151.46 apiece on Thursday as the country's leading commercial vehicle maker reported a net profit of ₹771 crore in the second quarter of the current financial year, marking a marginal increase of 0.13% from ₹770 crore in the same period last year.

The Chennai-based company's revenue from operations rose 9% in the July-September period to ₹9,588 crore from ₹8,769 crore in the year-ago period.

Ashok Leyland reported stable operational performance in the September quarter as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), also known as operating profit, advanced 14% to ₹1,162 crore as against ₹1,017 crore a year earlier. The company's EBITDA margin improved by 50 basis points to 12.12%.

Ashok Leyland's board of directors approved an interim dividend of ₹1 per share, and the company informed exchanges that the said interim dividend would be paid on or before December 11, 2025.

At 12:47 PM, the shares of the firm were trading at ₹150.06 apiece on NSE, soaring 5.28%.

 Shares of Billionbrains Garage Ventures, the parent company of stockbroker Groww, are trading in the positive territory on the second day of listing on Thursday.

The stock is up 9.87% to ₹144.29 apiece on NSE at 12:50 PM. Its market capitalisation stands at ₹89,010.92 crore. It has jumped 17% to an intraday high of ₹153.50 apiece.

The scrip has risen 35.38% over the issue price of ₹100 per share.

The company's shares opened for trading at ₹112, reflecting a premium of 12% over the issue price on NSE on Wednesday. It was listed at ₹114, up 14% on the BSE.

The IPO was a fresh issue of equity shares valued at ₹1,060 crore, along with an offer for sale (OFS) component of 55.72 crore equity shares worth ₹5,572.30 crore.

Groww's parent, Billionbrains Garage Ventures, which is backed by marquee investors like Tiger Capital, Peak XV and Microsoft CEO Satya Nadella, intends to use proceeds from the public issue to invest in technology development and business expansion.

Shares of Honasa Consumer, the parent of beauty and baby care products maker Mamaearth, rose as much as 9.27% to hit an intraday high of ₹308.20 apiece on NSE, a day after reporting its September quarter earnings.

The stock staged its best single-day move in nearly one year on Thursday after it reported a net profit in the second quarter of the current financial year against a loss in the same period last year. The last time the stock moved over 9% was on November 28, 2024, when it surged 9.99%, data from BSE showed.

Honasa Consumer, post market hours on Wednesday, reported a consolidated net profit of ₹39.2 crore in the July-September period compared to the net loss of ₹18.5 crore posted in the year-ago period.

The company reported revenue from operations of ₹539 crore for the quarter, marking a 16.5% increase from ₹462 crore in Q2 FY25. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) turned positive at ₹48 crore as compared to a loss of ₹30.8 crore on a year-on-year (YoY) basis. Its EBITDA margin came in at 8.8%.

Hindustan Aeronautics (HAL) shares tumbled over 2% to an intraday low of ₹4,636.70 apiece on Thursday, a day after the defence firm announced its September quarter earnings.

The company reported a consolidated net profit of ₹1,669 crore in the second quarter of the fiscal year (Q2 FY26), marking a growth of 10.5% from ₹1,510 crore in the same period last year.

The Bengaluru-based company's revenue from operations advanced 11% to ₹6,629 crore in the July to September period as compared to ₹5,976 crore in the year-ago period.

The company’s net income increased 15.3% to ₹7,516 crore in the reporting quarter from ₹6,519 crore on a year-on-year (YoY) basis.

The state-run fighter jet maker's operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), however, declined 5% to ₹1,558 crore as against ₹1,640 crore in the corresponding period last year.

At 12:56 PM, HAL shares were trading at ₹4,740.90 apiece on NSE, declining 0.16%.

Shares of Nazara Technologies soared as much as 9.44% on NSE to an intraday high of ₹281.60 apiece on Thursday, after declaring its second quarter results for the 2025-26 financial year (Q2FY26). The stock was trading 7.85% higher at ₹277.50 per equity share as of 12:58 PM.

The surge in the scrip comes despite the company reporting a consolidated net loss of ₹33.93 crore during the quarter under review, compared to a profit of ₹16.24 crore in the September quarter of the 2024-25 fiscal year (Q2FY25).

The company stated that the loss was caused by an impairment of ₹914.70 crore on its investment in associate company Moonshine Technologies, which operates PokerBaazi, due to the prohibition on offering online money games following the enactment of the Promotion and Regulation of Online Gaming Act, 2025.

It witnessed a 65.06% year-on-year (YoY) increase in its revenue from operations to ₹526.46 crore for the September FY26 quarter, as against ₹318.94 crore in the year-ago period.

Shares of Tata Steel rose 3% to an intraday high of ₹184 apiece on Thursday following the company's September quarter (Q2 FY26) earnings announcement that was done post-market hours on Wednesday. However, it slipped later and touched an intraday low of ₹175.10 apiece, losing 2%.

The steel major on Wednesday reported an over fourfold jump in consolidated net profit to ₹3,183.09 crore in the September quarter, mainly supported by revenues from the India business.

It had clocked a net profit of ₹758.84 crore in the July-September period of FY25, the company said in an exchange filing.

Tata Steel increased its total income to ₹59,052.84 crore against ₹54,503.30 crore in the second quarter a year ago, posting a rise of over 8% year-on-year.

At 1 PM, the stock was trading at ₹177.50 apiece on NSE, falling 0.62%.