Swiggy, Navin Fluorine, Power Grid among buzzing stocks as SENSEX jumps nearly 170 pts, NIFTY trades flat

Benchmark indices, SENSEX and NIFTY50, continued trading in the green during the afternoon session on Thursday, August 6, bolstered by positive global cues and buying in defence stocks.

The SENSEX gained as much as 0.4% to hit an intraday high of 78,904.37, while the NIFTY50 rose as much as 0.2% to reach the session’s peak of 24,677.05

At 1 PM, the S&P BSE SENSEX advanced by 169.52 points, or 0.22%, to trade at 78,750.52. NSE’s NIFTY50 stood at 24,632.10, reflecting a 7.45-point, or 0.03% jump.

Buzzing stocks on August 6: Check list

Shares of PTC Industries advanced as much as 2.48% to hit an intraday high of ₹18,540 apiece on the National Stock Exchange (NSE) on Thursday, August 6, after the company said that its wholly owned subsidiary, Aerolloy Technologies, has signed a landmark deal with Airbus.

The deal was signed for the development, production and supply of Titanium castings for Airbus aircraft programmes, according to a regulatory filing. The agreement relates to Titanium casting requirements for major Airbus aircraft families, including the A320neo, A330neo and A350 programmes.

Under the deal, Aerolloy will supply Titanium castings in a fully machined, ready-to-fit condition, manufactured through its integrated route from Titanium material to finished aerospace components.

The stock of Kolte Patil Developers soared as much as 10.1% to touch the session’s peak of ₹432.25 per equity share on Thursday, after the company announced major contract wins in the Mumbai metropolitan region.

According to a regulatory filing, the company announced the addition of six society redevelopment projects across prime locations in the Mumbai Metropolitan Region (MMR), with a combined estimated GDV (Gross Development Value) of ₹6,000 crore.

The new redevelopment projects secured in Mumbai are spread across the MMR region. The highest GDV value project was secured in Santacruz West, with a total development value of ₹1,930 crore, followed by Andheri West at ₹1,420 crore, Oshiwara at ₹800 crore, Versova at ₹750 crore, Ghatkopar East at ₹600 crore and Vashi at ₹500 crore.

Swiggy shares rally 5.2% to touch an intraday high of ₹305 apiece on Thursday, August 6, as the on-demand convenience platform said it is expecting ₹10,000 crore in adjusted EBITDA by FY31, backed by affordability in food and a differentiated Instamart strategy.

In its Capital Markets Day 2026, the company outlined its FY31 vision, targeting ₹10,000 crore in adjusted EBITDA while aiming to more than triple consolidated Gross Order Value (GOV) to around ₹2.5 lakh crore from ₹67,734 crore in FY26. This implies a GOV CAGR of over 30% through 2031, alongside a focus on improving profitability.

Swiggy expects to deliver more than 30% consolidated GOV CAGR through FY31 while expanding consolidated adjusted EBITDA margin to approximately 4% of GOV, taking overall adjusted EBITDA to approximately ₹10,000 crore.

The stock of Neuland Laboratories soared as much as 11.7% to hit a record high of ₹22,490 per equity share on the NSE, after it reported strong June quarter earnings.

Neuland Laboratories on Wednesday said that its net profit in the April-June period jumped over 10-fold or 962% to ₹148 crore from ₹14 crore in the same period last year.

Its revenue from operations more than doubled to ₹642 crore compared with ₹293 crore a year earlier.

Neuland Laboratories reported strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 540% to ₹224 crore from ₹35 crore.

Shares of Navin Fluorine International rallied 12% to hit an all-time high of ₹8,523 apiece, as the company reported a robust first quarter of the current fiscal year.

The specialty chemicals firm reported a 108% year-on-year surge in consolidated net profit to ₹243 crore for the quarter ended June 30, 2026 (Q1 FY27). In the corresponding quarter last year, the company had posted a net profit of ₹117 crore.

Led by volume and higher realisations, its revenue from operations increased 44% year-on-year (YoY) to ₹1,045 crore as compared to ₹725 crore in Q1 FY26.

Power Grid Corporation shares dropped 4% on Thursday, August 6, as investors focused on the flat earnings performance of the company in the April to June quarter results for the financial year 2026-27.

Power Grid Corp recorded a 0.8% decline in its consolidated net profit to ₹3,598 crore for the April to June quarter of the financial year 2026-27, in comparison to ₹3,631 crore in the same period a year earlier.

Amid the 2.6% flat Q1 revenue growth, the company's earnings were also impacted due to higher tax expenses in the period under review.

Data showed that the company’s tax expenses increased 1.7%, while the profits were also impacted by the movement in regulatory deferral account balances in the period.

The stock of PB Fintech, the parent company of Policy Bazaar, jumped as much as 3.3% to hit an intraday high of ₹1,673.90 per equity share, on the back of strong results for Q1 FY27, as the company saw its consolidated net profit soar 92% YoY.

Its revenue from operations advanced 40.1% YoY to ₹1,888.28 crore in the June quarter of FY27, as against ₹1,347.99 crore in the year-ago period. Its top line has soared at a compound average growth rate (CAGR) of 51% from ₹239 crore in Q1 FY22.

Shares of MV Electrosystems made a robust stock market debut on Thursday, August 6. The stock listed at ₹520 per equity share on the NSE. This reflects a premium of 22.35% over the initial public offering (IPO) issue price of ₹425 apiece. On the BSE, it started trading at ₹519, up 22.12% from the issue price. A lot consisted of 34 shares and cost ₹14,450. Investors who received MV Electrosystems IPO allotment made ₹3,230 per lot, taking the value of their investment to ₹17,680, as per the listing price on the NSE.

The initial share sale was subscribed a massive 188.85 times, with bids for 75,30,51,278 shares against 39,87,491 shares on offer, according to the NSE data.

The stock of Juniper Green Energy started trading at ₹245 per unit on the NSE on August 6. This reflects a premium of 8.89% over the IPO issue price of ₹225 apiece. On the BSE, the stock debuted at ₹242 per equity share, up 7.56% from the issue price.

A lot consisted of 66 shares and cost ₹14,850. Investors who received Juniper Green Energy IPO allotment made ₹1,320 per lot, taking the value of their investment to ₹16,170, as per the listing price on the NSE.

The initial share sale was subscribed 7.97 times, with bids for 46,96,00,758 shares versus 5,89,16,709 shares on offer, according to the NSE data.