PTC Industries, IPCA Labs, Physicswallah shares surge amid spike in volumes; check full list

The Indian equity benchmarks staged a partial recovery in afternoon trading owing to buying interest in index heavyweights like Reliance Industries, Axis Bank, Tata Steel, Bajaj Finance and HDFC Bank. The SENSEX recovered as much as 475 points from the day's lowest level and NIFTY50 index touched an intraday high of 24,360 after hitting a low of 24,226.

As of 1:52 pm, the SENSEX was down 179 points at 77,830 and NIFTY50 index was down 27 points at 24,338.

Here are stocks witnessing heavier than usual trading activity:

PTC Industries

Shares of the castings and forgings company rose as much as 8.72% to hit an intraday high of ₹20,709 after the company reported strong earnings in June quarter.

PTC Industries' net profit jumped 466% to ₹292 crore in Q1 from ₹52 crore a year earlier.

Its revenue from operations jumped 83% to ₹1,971 crore.

The stock was witnessing very high trading activity as volume on the National Stock Exchange (NSE) jumped by 18.8 times to 2.15 lakh shares compared with an average volume of 11,510 shares.

Physicswallah

Shares of the e-learning services provider advanced as much as 9.5% to hit an intraday high of ₹128 after the company post market hours on Friday reported an EBITDA positive quarter at ₹52 crore in the first quarter of current financial year.

The company saw 24% year-on-year growth in revenue from operations to ₹1,054 Cr and a significant improvement in operating profitability.

Trading volume jumped by 17 times to 7.99 crore shares compared with an average volume of 46.96 lakh shares.

IPCA Labs

Shares of the drugmaker rose as much as 12.19% to hit an intraday high of ₹1,945 amid spike in trading activity.

Trading volume on the NSE jumped 10.3 times to 58.61 lakh shares compared with an average volume of 5.69 lakh shares.

As many as 3.36 lakh shares changed hands on the BSE compared with an average of 41,000 shares traded daily in the past two weeks.

Motilal Oswal Financial Services

Shares of the financial services firm advanced as much as 7.32% to hit an intraday high of ₹962 amid spike in trading activity.

Trading volume on the NSE jumped by 5.9 times to 40.18 lakh shares compared with an average volume of 6.78 lakh shares.

As many as 3.31 lakh shares changed hands on the BSE compared with an average of 54,000 shares traded daily in the past two weeks.

Oberoi Realty

Shares of the real estate developer gained as much as 5.5% to hit an intraday high of ₹1,945 amid heavy volumes.

Trading volume on the NSE jumped four times to 12.82 lakh shares compared with an average volume of 3.18 lakh shares.