SENSEX, NIFTY50 recover from day’s low; HUL, Kaynes Tech, Jio Financial among top buzzing stocks

The Indian stock market staged a steep recovery in the afternoon session on Wednesday amid a rally in the banking sector. SENSEX recovered over 700 points from the day's low, while the 50-share NIFTY50 reclaimed the 24,850 level.

Investors, however, remain cautious following US President Donald Trump’s tariff imposition on India.

On the contrary, Hindustan Unilever soared 3.29%, taking the lead among gainers. Jio Financial Services (2.83%), JSW Steel (1.35%), Power Grid (1.09%), and Eternal (1.01%) were the other top gainers on the 50-share index.

Buzzing stocks on July 30: Checklist

Shares of FMCG major soared over 4% to touch an intraday high of ₹2,536.90 apiece after the company reported steady June quarter earnings.

Hindustan Unilever (HUL) reported a 6% increase in its consolidated net profit at ₹2,756 crore for the quarter ended June 30 of fiscal year 2025-26 as compared to ₹2,610 crore in the same quarter of the previous fiscal year. The company’s revenue from operation stood at ₹16,296 crore in Q1 FY26 in contrast to ₹15,497 crore in the corresponding quarter of last year, marking a growth of 5%.

On the operation level, HUL’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) marginally declined by 1% at ₹3,500 crore in the reporting quarter as against ₹3,534 crore in Q1 FY25. The margin, however, contracted to 21.5% in Q1 FY26 in contrast to 22.8% YoY.

The FMCG firm reported a consolidated Underlying Sales Growth (USG) of 5% and an Underlying Volume Growth (UVG) of 4%. On a standalone basis, HUL reported an underlying sales growth of 4%, an underlying volume growth of 3%, and a PAT growth of 8%.

Last seen, the stock jumped 3.42% on NSE to trade at ₹2,520.8 per share.

Shares of Jio Financial Services (JFSL) rallied as much as 3.5% to hit an intraday high of ₹331.70 apiece on the NSE on Thursday as Reliance Industries Chairman Mukesh Ambani and his promoter group will infuse ₹15,825 crore in the NBFC firm, which would make them hold over a 51% stake in the company.

This will be done to strengthen the balance sheet of the NBFC. The fund infusion will take place through preferential issue of convertible warrants to the promoter group.

Jio Financial promoters, including the Ambani family and different group holding entities, together own 47.12% of the company.

At the time of writing the piece, shares of Jio Financial Services were trading at ₹329.40 apiece, rising 2.84% on NSE.

Shares of Brigade Hotel Ventures made a weak stock market debut, listing at ₹81.10 apiece on the NSE. This reflects a 9.89% discount against the IPO issue price of ₹90 per share. On the BSE, it started trading at ₹82, reflecting a decline of 8.89% from the issue price.

Last seen, the stock was trading at ₹86.09 apiece, gaining 6.15% on NSE.

An application consisted of a lot size of 166 shares. Investors who received the Brigade Hotel Ventures IPO allotment made ₹13,462.6.

The ₹759.60 crore initial share sale was subscribed to 4.48 times, with bids for 22,951,4588 shares compared to 5,119,3987 shares on offer, as per the NSE data.

The qualified institutional buyers (QIBs) category attracted 5.42 times the subscription, as they bid for 138,149,848 shares against 25,468,941 shares on offer.

Shares of Indus Tower slumped 5.79% to an intraday low of ₹361.55 apiece on the NSE on Thursday after the company announced its first-quarter results for the 2025-26 financial year (Q1FY26). In the afternoon session, the stock was trading at ₹370.90 per share, declining 3.36%.

During the June quarter of FY26, the telco’s consolidated net profit fell 9.82% year-on-year (YoY) to ₹1,736.8 crore, compared to ₹1,925.9 crore in the first quarter of the previous fiscal year.

Indus Towers said there were doubts on the receivables from a large customer of the group, which accounts for a substantial part of its revenue from operations for the quarter. The said customer constituted a significant part of outstanding trade receivables and unbilled revenue as of June 30.

HEG Ltd, a leading exporter of graphite electrodes, witnessed a sharp rise in its share price today despite subdued sentiments in the broader markets after the United States announced a 25% tariff and penalty on Indian goods exports.

The stock surged 11.8% intraday on NSE today to a high of ₹597.80 per share, reacting to upbeat quarterly earnings. The company reported a multi-fold rise in standalone net profit to ₹71.8 crore compared to ₹2.6 crore in the same quarter last year. Meanwhile, its revenue from operations rose 7.3% YoY to ₹613 crore.

On a consolidated basis, revenue rose 8.05% YoY to ₹617 crore, while net profit jumped 356% YoY to ₹105 crore.

Last seen, the stock was trading at 610.85 per share, soaring 14.34% on NSE.

Shares of Kaynes Technology, an electronic products maker, rose over 11% to hit an intraday high of ₹6,284 on the NSE a day after it reported June quarter earnings.

Kaynes Technology's net profit in the April-June period rose 47% to ₹75 crore from ₹51 crore in the same period last year.

The company reported strong operational performance in Q1 as its EBITDA, also known as operating profit, rose 69% to ₹113 crore from ₹67 crore in the year-ago period. Its EBITDA margin improved by 350 basis points to 16.8% from 13.3%.

The company's revenue advanced 34% to ₹673.5 crore as against ₹504 crore in the same period last year. Kaynes Technology's order book rose to ₹7,401 crore at the end of the June quarter from ₹5,038.6 crore.

Last seen, the stock was up 10.06% at ₹6,205 per share on NSE.

Technology-enabled services provider Sagility India’s shares soared 10% to hit an intraday high of ₹46.60 apiece on NSE after it reported a strong set of numbers for the quarter ended June 30, 2025 (Q1 FY26).

The company, which listed its shares on the bourses last year, reported a revenue of ₹1,538.9 crore (US$180.4 million) for the quarter under review, a year-on-year (YoY) growth of 25.8% (and 23.1% in constant currency or CC terms).

Sagility India reported an organic growth of 17.9% YoY and 15.4% in CC terms.

Further, it said that adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortisation, came in at ₹368.70 crore (US$43.2 million) at 24.0% of revenue and a YoY growth of 26.5%. However, adjusted EBITDA margin came in at 24% against 23.8% in the year-ago period.

Adjusted PAT stood at ₹199.70 crore, up 38% YoY from ₹144.70 crore logged in the corresponding period of the previous fiscal year. The figure was 13% of revenue.

At the time of writing the article, shares of Sagility were trading at ₹46.09 apiece on NSE, surging 8.73%.