Trent, Vedanta, Honasa Consumer among buzzing stocks as SENSEX gains over 400 pts; NIFTY trades above 22,650

Benchmark indices, SENSEX and NIFTY50, continued trading in the green during the afternoon session on Tuesday, October 6, bolstered by positive global cues and easing global crude oil prices.

The SENSEX surged as much as 0.68% to hit an intraday high of 72,875.26, while the NIFTY50 soared as much as 0.64% to touch the session’s peak of 22,700.70

At 12:23 PM, the S&P BSE SENSEX gained by 447 points, or 0.62%, to trade at 72,829.47. NSE’s NIFTY50 stood at 22,686.15, reflecting a 130.40-point, or 0.58% jump.

The NIFTY50 index was supported by gains in Trent, Kotak Mahindra Bank, BSE, Jio Financial Services, and HDFC Life Insurance Company, which were among the top winners.

On the other hand, the top losers included Tech Mahindra, Coal India, Max Healthcare Institute, Apollo Hospitals Enterprise, and ITC Ltd.

Buzzing stocks on October 6: Check list

Shares of Trent surged as much as 12.8% to hit an intraday high of ₹2,909 per unit on the National Stock Exchange (NSE), after the Tata Group retailer reported a strong business update for the September quarter of the 2026-27 financial year (Q2 FY27).

In its provisional business update shared on Monday, the company said its standalone revenue from operations, excluding GST, rose 23% year-on-year (YoY to ₹5,788 crore in Q2 FY27, compared with ₹4,724 crore a year ago.

Revenue from merchandise sales, excluding other operating income, also grew 23% during the quarter.

The company’s H1FY27 revenue rose 21% YoY to ₹11,454 crore.

The stock of Axis Bank jumped as much as 1.8% to touch the session’s peak of ₹1,244.60 per equity share on Tuesday, October 6, after the private sector lender released its business update for Q2 FY27.

The bank’s gross advances rose 22.7% YoY to ₹13.85 lakh crore while it advanced 8.8% quarter-on-quarter (QoQ).

Its total deposits (end balance) increased 20.7% YoY and 5.8% sequentially to ₹14.52 lakh crore. The lender’s current account savings account (CASA) deposits stood at ₹5.30 lakh crore, rising 10.6% YoY and 1.5% QoQ. Its term deposits jumped 27.3% year-on-year and 8.4% quarter-on-quarter to ₹9.23 lakh crore.

Vedanta shares advanced as much as 4.06% to touch an intraday high of ₹265.40 apiece on the NSE, as the company said its board will be meeting this week to consider and approve its first interim dividend for the financial year 2026-27 (FY27).

In a regulatory filing, the company said it will meet on Thursday, October 8, 2026, for this purpose. “…the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Wednesday, October 14, 2026,” Vedanta said in a statement.

Angel One’s stock rose as much as 3% to hit the session’s peak of ₹293.75 per equity share on Tuesday, after it announced its business updates for the quarter ended September 2026 and its monthly business updates.

The company’s total client base stood at 39.98 million, up 1.1% MoM and 17.3% YoY from 34.08 million. However, the gross client acquisition jumped to 0.45 million, down 19.6% MoM and 17.1% YoY.

Despite the poor acquisition growth, the average client funding book posted tepid growth of 6.1% MoM at ₹78.7 billion vs ₹74.1 billion in the previous month and jumped 41% YoY from ₹55.5 billion.

Shares of Honasa Consumer rallied as much as 11.5% to hit an intraday high of ₹493 per unit, after the company said it expects net sales value (NSV) growth in the early thirties year-on-year in Q2FY27. The growth is expected to be broad-based, supported by traction across its focus categories and brands.

Mamaearth, Honasa Consumer’s largest brand, is expected to post high-teens YoY NSV growth during the quarter, supported by rising brand affinity and a widening offline footprint.

The company’s younger brands, including The Derma Co., Aqualogica, BBlunt, Dr Sheth’s and others, are expected to accelerate growth to around the mid-forties.

⁠Kotak Mahindra Bank stock surged as much as 4.4% to hit an intraday high of ₹434.40 per equity share on October 6, as the company, in its business updates for the September quarter, showed that its net advances surged 24.7% year-on-year (YoY) to ₹5,77,094 crore, in comparison to ₹4,62,688 crore in the same period a year earlier.

The private bank’s CASA (current account savings account) deposits surged 11.3% YoY as of the period under review to ₹2,49,105 crore, from ₹2,23,791 crore in the same period a year earlier.

The data showed that the total deposits of the bank surged 23.2% YoY to ₹6,51,491 crore in the September quarter. Kotak Mahindra Bank’s FCNR(B) deposits aggregated to $5.78 billion or ₹55,344 crore due to RBI’s India's swap facility for FCNR(B) deposits.

The shares of Transrail Lighting climbed as much as 4.9% to reach the session’s peak of ₹485.50 apiece on Tuesday, after the company secured new orders worth ₹412 crore in its core Transmission & Distribution (T&D) business.

According to a regulatory filing, the order wins mainly include projects in the domestic market for transmission line reconductoring through HTLS conductors.

Post these new orders, the order intake for the year has grown to ₹2,021 crore. The company has further L1 (lowest bidder) orders totalling ₹409 crore.

Amber Enterprises India stock increased by as much as 2.2% to hit an intraday high of ₹6,730 per equity share on the NSE, as the company incorporated a new wholly owned subsidiary company in India, namely Amber Digital Technologies Private Limited.

Amber Digital has been incorporated to commence the business of manufacturing mobile phones, as per a regulatory filing.

Furthermore, Amber Enterprises infused ₹1 lakh as subscription money in Amber Digital.

The company reported an 18.4% rise in standalone revenue from operations to ₹19,206.18 crore for the second quarter ended September 30, 2026.

It had posted revenue from operations of ₹16,218.79 crore a year ago, Avenue Supermarts said in a regulatory filing on Saturday.

"Standalone Revenue from operations for the quarter ended (QE) September 30, 2026, stood at ₹19,206.18 crore," the company said in its update at the end of the quarter.

Rentomojo stocks surged more than 10% during the trading session on Tuesday, October 6, as investors analysed the company’s first-ever earnings report for the April to June quarter of FY27.

Although Rentomojo’s consolidated net profit after tax (PAT) declined nearly 39% year-on-year (YoY), the overall revenue growth, combined with the one-time expenses from the fire incident in Noida and the increase in operating profits, resulted in the stock’s rally on Tuesday’s market.

NSE data showed that Rentomojo shares jumped 10.1% to touch an intraday high of ₹562.60 apiece during the trading session on October 6, in comparison to ₹510.95 apiece at the previous equity market close.

Shares of SRIT India Ltd made a decent debut on the stock exchanges on Tuesday, October 6.

The stock started trading at ₹148 per share on the NSE. This reflects a premium of 13.85% over the IPO issue price of ₹130 per share. At the BSE, it listed at ₹139.80, a premium of 7.54%.

A lot consists of 115 shares and costs ₹14,950. Investors who received the SRIT India IPO allotment made ₹2,070 per lot, taking the value of their investment to ₹17,020, as per the listing price on the NSE.

The initial public offering was subscribed 125.16 times, as it received bids for 1,47,18,85,805 shares versus 1,17,60,000 shares reserved, according to the NSE data.

Shares of retail stockbroking and financial services firm Shah Investor's Home got listed with a premium of more than 2% over the IPO issue price of ₹167 on Tuesday, October 6.

The company's stock started trading at ₹171 per share, rising 2.40% from the issue price on the National Stock Exchange and the BSE.

A lot consists of 85 shares and costs ₹14,195. Investors who received the Shah Investor's Home IPO allotment made ₹340 per lot, taking the value of their investment to ₹14,535, as per the listing price on the NSE.

The IPO was subscribed 38.12 times, as it fetched bids for 14,40,60,040 shares versus 37,79,440 shares reserved, as per the NSE data.