Top gainers and losers, September 11: Hindalco, JSW Steel fall 3%, HDFC Bank jumps 2%; check full list

The SENSEX tumbled as much as 1% to hit an intraday low of 74,160.16. Meanwhile, the NIFTY50 slumped as much as 1.05% to touch the session’s low of 23,231.40.

On September 11, the SENSEX declined by 120.84 points or 0.16% to close at 74,781.76, while NIFTY50 ended at 23,398.10, down by 79.70 points or 0.34%.

NIFTY50 top gainers and losers

Hindalco Industries shares weighed down the NIFTY50 index, closing 3.21% lower.

It was followed by JSW Steel (-2.99%), Eicher Motors (-2.17%), Tata Steel (-2.02%) and Oil & Natural Gas Corporation (ONGC) (-2.01%), which were among the top losers on Friday.

The favourable rulings are significant for HDFC Bank as the lender had invested in these securities, which were subsequently written off. The development comes amid the bank’s broader efforts to address issues related to the Credit Suisse AT-1 bond investment. The HDFC Bank stock turned positive after hitting a 52-week low on September 11.

The other top gainers included Dr. Reddy's Laboratories (-1.97%), Tech Mahindra (-1%), HDFC LIC (0.73%) and Wipro (0.66%).

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge declined by 0.26% or 160.15 points to close at 62,197.20 on September 11.

The top laggards included Cochin Shipyard (-9.17%), Godrej Properties (-6.62%), PI Industries (-4.48%), Supreme Industries (-4.15%) and National Aluminium Company (-3.31%).

Cochin Shipyard shares declined after the company’s management gave a lower-than-expected EBITDA (earnings before interest, tax, depreciation, and amortisation) margin guidance for the 2026-27 financial year (FY27). At the company’s investor call on Thursday, September 10, its management said that it expects the firm’s EBITDA margin to be about 14% in FY27, in contrast to 17% it recorded in the April-June quarter of the current fiscal year and 16% in the 2025-26 fiscal year (FY27).

Furthermore, Cochin Shipyard’s management estimated its shipbuilding margins to stand between 10-12% and its ship repair margins to remain between 22-24% in FY27. The company added that historically its higher margins were bolstered by high-margin nominated orders and interest income on surplus cash.

On the other hand, Yes Bank (5.29%), Indus Towers (4.30%), One 97 Communications (3.94%), Waaree Energies (3.10%) and Blue Star (2.91%) were among the top winners.

The stock of One 97 Communications, the parent company of Paytm, hit a 52-week high on September 11, as analysts from Bernstein shared a positive outlook of the Vijay Shekhar Sharma-led fintech firm.

Analysts at Bernstein in a note on Friday said they expect meaningful operating leverage from Paytm’s existing business. They added that the introduction of merchant discount rate (MDR) on UPI could provide meaningful upside to the company’s profitability. Bernstein also said it sees a clear right to win for Paytm and a long growth runway in merchant lending.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index fell by 0.58% or 115.65 points to end at 19,906.30.

The top losers were Aditya Birla Real Estate (-4.29%), Whirlpool of India (-4.07%), Mangalore Refinery and Petrochemicals (-3.26%), Godawari Power And Ispat (-3.26%) and Welspun Corp (-3.24%).

On the contrary, Pine Labs (14.83%), Physicswallah (7.39%), Five-Star Business Finance (4.67%), Aegis Logistics (3.47%) and Angel One (2.59%) were among the top gainers.