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  5. SENSEX recovers over 440 points; YES Bank, KEC International, Pidilite among buzzing stocks

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SENSEX recovers over 440 points; YES Bank, KEC International, Pidilite among buzzing stocks

Upstox
By Upstox News Desk

4 min read | Updated on September 23, 2025, 12:48 IST

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SUMMARY

KEC International said it has secured new orders worth ₹3,243 crore for Transmission & Distribution projects for 400 kV transmission lines in the United Arab Emirates (UAE) and for supply of towers, hardware and poles in the Americas.

Stock list

KEC
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YESBANK
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PIDILITIND
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KEC International shares were witnessing heavier than usual trading volumes as the trading volume spiked by 37.8 times to 1.35 crore shares. Image: Shutterstock

The Indian equity benchmarks recovered early losses in noon deals on the back of buying interest in Maruti Suzuki, Bajaj Finance, HDFC Bank, State Bank of India, Axis Bank, Mahindra & Mahindra and Infosys. The SENSEX recovered over 440 points from the day’s lowest level and NIFTY50 index reclaimed its important psychological level of 25,200 after falling below 25,100.

As of 12:41 pm, the SENSEX was up 76 points at 82.235 and NIFTY50 index rose 17 points to 25,219.

Here are buzzing stocks in Tuesday's session:
KEC International: Shares of the global engineering, procurement, and construction (EPC) company rose as much as 8.32% to hit an intraday high of ₹938 after the company post market hours on Monday said that has secured the largest ever EPC order till date worth over ₹3,000 crore.

In its regulatory filing, the RPG Group company said it has secured new orders worth ₹3,243 crore for Transmission & Distribution projects for 400 kV transmission lines in the United Arab Emirates (UAE) and for supply of towers, hardware and poles in the Americas.

The stock was witnessing heavier than usual trading volumes as the trading volume spiked by 37.8 times to 1.35 crore shares as against average trading volume of 3.57 lakh shares.

Pidilite Industries: Shares of the adhesive maker fell as much as 2.32% to hit an intraday low of ₹1,483.70 after its board approved a 1:1 bonus issue.

This means if an investor held 100 shares of Pidilite as of Monday's close, they would receive 100 bonus shares under the 1:1 ratio, bringing total holdings to 200 shares. However, the overall value of the investment would remain unchanged, as the share price adjusts proportionately to the bonus issue.

YES Bank: YES Bank shares, the country's leading private sector lender, have been witnessing strong buying interest since the start of September. The stock has advanced nearly 12% so far this month to hit its highest level in nearly four months of ₹21.37, data from the stock exchanges showed.

The bank came on investors' radar after one of Japan's largest banking groups, Sumitomo Mitsui Banking Corporation (SMBC), got an approval last month from the Reserve Bank of India (RBI) to acquire up to 24.99% of its paid-up share capital or voting rights.

Maruti Suzuki: Shares of automobile majors such as Maruti Suzuki India was trading higher after the carmaker on Monday saw bumper sales with buyers queuing up to buy their favourite models at lower price tags under the new GST regime.

Maruti shares advanced as much as 3.2% to hit their fresh record high of ₹16,325 apiece on the NSE.

Refex Industries: Shares of Refex Industries, a diversified company with strategic interests in refrigerant gases, coal and ash management, power trading, renewable energy, clean mobility (electric vehicles), and medical technologies, were in heavy demand . The stock jumped as much as 19% to hit a high of ₹402.40 on the NSE.

Shares of Refex Industries skyrocketed after the company, in its press release on Monday, said that its Board of Directors has approved a composite scheme of amalgamation and arrangement to restructure and unlock the potential of its Green Mobility Business for all the shareholders of the company.

JBM Auto: JBM Auto shares surged as much as 7% to touch an intraday high of ₹790 apiece after its subsidiary JBM Electric Vehicles entered into a strategic partnership with Dubai-based Al Habtoor Motors to deliver next-generation electric buses to the UAE market.

Under this partnership, Al Habtoor Motors will serve as the exclusive importer and distributor of JBM’s electric buses in the UAE, supporting nationwide deployment and service infrastructure.

Shilpa Medicare: Shares of Shilpa Medicare soared 5% to an intra-day high of ₹859.35 after the Karnataka-headquartered firm received the initial authorisation from the European Medicines Agency (EMA), recommending the grant for a final marketing approval for its Rivaroxaban 10 mg, 15 mg, and 20 mg orodispersible films (ODF), a drug used for the treatment of blood clotting, heart attacks, and strokes, it said in a regulatory filing on Monday.
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.

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