Top gainers and losers on November 12: Asian Paints, Adani Enterprises shares surge over 5%, check full list

The Indian equity benchmarks surged for a third straight session on Wednesday, November 12, as investor sentiment turned positive after exit polls indicated that the Bharatiya Janata Party-led (BJP) National Democratic Alliance (NDA) will come back to power in Bihar, indicating policy stability.

The SENSEX rose as much as 781 points and NIFTY50 index touched an intraday high of 25,935 led by gains in index heavyweights like Reliance Industries, Bharti Airtel, Tata Consultancy Services, Infosys, Asian Paints and Tech Mahindra.

The SENSEX ended 595 points higher at 84,466.51 and NIFTY50 index advanced 181 points to close at 25,875.80.

NIFTY50 top gainers and losers

The company's revenue in July-September period advanced 6% to ₹8,531 crore from ₹8,028 crore in the year-ago period.

Asian Paints reported strong operational performance as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also known as operating profit jumped 21% to ₹1,503 crore from ₹1,239 crore a year earlier.

Adani Enterprises surged 5% to close at ₹2,485 after the company shared details of its ₹25,000 crore rights issue.

In a regulatory filing, the Gautam Adani-led firm said that at its meeting on November 4, 2025, the Board approved the issuance of partly paid-up equity shares with a face value of ₹1 each, for an amount of up to ₹25,000 crore through a rights issue. Subsequently, the Rights Issue Committee, at its meeting on November 11, 2025, approved the detailed terms and conditions of the issue.

Tech Mahindra (3.48%), TCS (2.56%) and Bajaj Finserv (2.49%) were also among the gainers.

On the flipside, Tata Motors Commercial Vehicles was top loser in the NIFTY50 index, the stock fell 1.49% close at ₹330 on listing after getting demerged from Tata Motors Passenger Vehicles.

Tata Motors Passenger Vehicles (-1.3%), Tata Steel (-1.29%), Shriram Finance (-1.23%) and Bharat Electronics (-0.91%) were also among the laggards.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index advanced 0.79% or 474 points to close at record high of 60,902. As many as 67 shares ended higher while 31 closed lower.

Biocon was top gainer in the NIFTY Midcap 100 index, the stock rose 5.22% to close at ₹405 after it posted a consolidated net profit of ₹85 crore in the second quarter ended September 30.

The Bengaluru-based firm had reported a net loss of ₹16 crore in the July-September quarter of last fiscal year.

Revenue from operations rose to ₹4,296 crore in the second quarter as against ₹3,590 crore seen in the year-ago period, Biocon Ltd said in a statement.

Max Financial Services (5.09%), BSE (4.77%), IndusInd Bank (4.29%) and Premiere Energies (3.4%) were also among the gainers.

On the other hand, PI Industries (-5.46%), Prestige Estates (-3.57%), Torrent Power (-3.32%), M&M Financial Services (-2.69%) and Ashok Leyland (-2.62%) were laggards in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index advanced 0.82% or 149 points to close at 18,250. As many as 69 shares ended higher while 31 closed lower in the NIFTY Smallcap 100 index.

BLS International was top gainer in the NIFTY Smallcap 100 index, the stock rose 8.72% to close at ₹335 after it reported highest ever quarterly performance and continued to strengthen its global footprint and diversify its portfolio with key contract wins and strategic initiatives across multiple geographies.

Tejas Networks (8.2%), Poonawalla Fincorp (4.37%), The Great Eastern Shipping (4.3%) and Firstsource Solutions (3.92%) were also among the gainers.

On the contrary, Hindustan Copper (-5.62%), MRPL (-2.78%), HBL Engineering (-2.33%), Aptus (-1.74%) and Five-Star Business Finance (-1.51%) were top losers in the NIFTY Smallcap 100 index.