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SENSEX holds 300-point gain; Jupiter Wagons, New India Assurance, Clean Science among buzzing stocks

Upstox
By Upstox News Desk

4 min read | Updated on August 21, 2025, 13:00 IST

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SUMMARY

Hindustan Aeronautics shares rose as much as 1.30% to hit an intraday high of ₹4,525.85 after the company confirmed that the government cleared the proposal to purchase 97 Light Combat Aircraft Mk-1A, along with associated equipment from HAL for the Indian Air Force.

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Shares of insurance companies gained after government proposed exempting life and health insurance policies for individuals from GST. Image: Shutterstock

The Indian equity benchmarks were holding on to gains but came off intraday highs in noon deals owing to some profit booking ahead of weekly expiry of NIFTY50 futures and option contracts. Meanwhile, upmove in Thursday's session was supported by buying in heavyweights like Reliance Industries, ICICI Bank, Larsen & Toubro, HDFC Bank, Bajaj Finance and Infosys. Earlier in the day, SENSEX rose as much as 373 points and NIFTY50 index touched an intraday high of 25,146.

As of 12:29 pm, the SENSEX was up 202 points at 82,059 and NIFTY50 index rose 47 points to 25,097.

Here are buzzing stocks in Thursday's session:
Jupiter Wagons: Shares of the Kolkata-based railway freight wagons and passenger coaches maker rose as much as 12.77% to hit an intraday high of ₹372 on the BSE after it said that its material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory, has received a Letter of Intent (LOI) dated August 19, 2025, for the supply of a total of 5,376 wheelsets for the Vande Bharat Train for an order value of approximately ₹215 crore.
RailTel Corporation: Shares of broadband and VPN services provider to Indian Railways rose as much as 4% to hit an intraday high of ₹373.80 after the company said it has received the work order from Higher Education Department, Govt Of Odisha for Work Order amounting to ₹15.42 crore (including Tax). The order is for the design and development of CMS-based Bilingual Websites for Colleges for the Higher Education Department.
New India Assurance, SBI Life, other insurance shares: Shares of insurance companies gained on Thursday after government proposed exempting life and health insurance policies for individuals from GST.

Currently, health and life insurance premiums attract 18% GST. The 13-member state Group of Ministers on insurance held a meeting on Wednesday.

Almost all states were in favour of the proposal, but they asked the GST Council to devise a mechanism by which the GST rate cut benefits are passed on to the customer, said Telangana Deputy Chief Minister Mallu Bhatti Vikramarka, a member of the GoM.

About ₹9,700 crore in annual revenue loss is estimated on account of GST exemption for individual insurance policies, he said.

Clean Science Tech: Shares of Clean Science Technology caught investors' eyes in the opening deals on Thursday, August 21, as something unusual happened.
The stock, which was slated to see a block deal in the pre-open session, witnessed an extraordinary volume due to a fat-finger error.

The stock crashed as much as 9.3% to ₹1,070.50 on the NSE in the early deals as data showed that a total of six crore shares changed hands. This was three times the block size expected.

After the sharp fall, the stock turned positive, too, for a brief period.

Ola Electric: Shares of electric two-wheeler maker fell as much as 8.73% to hit an intraday low of ₹48.66 as investors got jittery after VAHAN data showed Ola Electric had recorded 9,522 registrations as compared to 10,248 for Arther Energy as of August 20.

Ola Electric shares of the company gained 30.5% in two sessions as investors were confident in the positive outlook. Founder Bhavish Aggarwal had shared plans for upcoming launches and growth strategy in the following quarters.

Godrej Properties: Shares of Godrej Properties jumped nearly 2% after the company emerged as the highest bidder for a 7.8-acre land parcel in Hyderabad. Earlier in August, the company entered Baroda by acquiring 90 acres of land.

Godrej Properties (GPL) participated in an e-auction conducted by the Telangana Housing Board (TGHB) for a Residential Group Housing Project, where GPL emerged as the highest bidder for a 7.825-acre land parcel in Kukatpally (KPHB), Hyderabad, with a total combined bid value of ₹547.75 crore.

Hindustan Aeronautics: Shares of the Bengaluru-based fighter jet maker rose as much as 1.30% to hit an intraday high of ₹4,525.85 after the company confirmed that the government cleared the proposal to purchase 97 Light Combat Aircraft Mk-1A, along with associated equipment from HAL for the Indian Air Force.

The proposal was cleared by the Ministry of Defence, Cabinet Committee of Security (CCS) on Tuesday, August 19, HAL said in a regulatory filing.

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.
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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.