return to news
  1. Wockhardt, Tata Technologies, CAMS, Sobha surge over 7% amid heavy volumes; check full list

Market News

Wockhardt, Tata Technologies, CAMS, Sobha surge over 7% amid heavy volumes; check full list

SUMMARY

Wockhardt shares surged as much as 12.55% to hit an intraday high of ₹1,693 on the National Stock Exchange (NSE) after its operating profit jumped 147% to ₹196 crore in the fourth quarter of financial year 2025-26.

Dr Lal Path Labs shares were trading 15% higher at ₹1,573 during Monday’s trading session.

Dr Lal Path Labs shares were trading 15% higher at ₹1,573 during Monday’s trading session.

The Indian equity benchmarks extended losses in moon deals on Tuesday, May 5, as sentiment remained cautious after tensions in Middle east escalated after Iran attacked UAE with a barrage of missiles and drones, setting an oil refinery ablaze in the eastern emirate of Fujairah leading to surge in crude oil prices in global markets.

Open FREE Demat Account within minutes!
Join now

The SENSEX fell as much as 754 points and NIFTY50 index broke below its important psychological level of 23,900 dragged down by losses in index heavyweights like HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro and Reliance Industries.

As of 12:00 pm, the SENSEX was down 729 points at 76,541 and NIFTY50 index dropped 223 points to 23,896.

Here are stocks witnessing heavier than usual trading volumes:
Wockhardt: Shares of the drugmaker surged as much as 12.55% to hit an intraday high of ₹1,693 on the National Stock Exchange (NSE) after its operating profit jumped 147% to ₹196 crore in the fourth quarter of financial year 2025-26.

The company's revenue jumped 30% to ₹965 crore.

The stock was witnessing higher than usual trading activity as volumes jumped by 26 times 1.21 crore shares compared with an average trading volume of 4.73 lakh shares.

Tata Technologies: Shares of the Tata Group company advanced as much as 11.63% to hit an intraday high of ₹659.80 after the company recorded strong revenue growth in the March quarter results, which in turn supports the profits for the period.

The company’s consolidated financial statements showed that the net profit after tax (PAT) advanced by 8.1% to ₹204.17 crore, compared to ₹188.87 crore in the same period a year ago.

Tata Technologies' revenue from core operations witnessed a 22.29% growth to ₹1,572.22 crore in the fourth quarter of the fiscal year ended 2025-26, compared year-on-year with ₹1,285.65 crore in the same period a year ago.

The stock was very high trading activity as volume jumped by 16 times to 2.28 crore shares compared with an average volume of 14.41 lakh shares.

Computer Age Management Services: Shares of the capital market services provider jumped as much as 8.76% to hit an intraday high of ₹794.90 after the company reported its highest ever quarterly revenue in Q4FY26, fuelled by strong performance in its non-MF business portfolio, which recorded a 24.5% annual growth.

"Improved operational efficiency and a significant ramp-up in automation initiatives helped absolute EBITDA reach an all-time high of ₹183.66 Cr. EBITDA margin was at a healthy 46.5%," CAMS said.

Trading volume jumped four times to 56.62 lakh shares compared with an average volume of 14.63 lakh shares.

Sobha: Shares of the Bengaluru-based real estate company pared gains after surging 9.5% after its net profit in Q4 more than doubled to ₹92 crore.

Revenue jumped 60% to ₹2,030 crore compared to ₹1,270 crore in the year-ago period.

Trading volume spiked by 12.5 times to 16.04 lakh shares compared with an average volume of 1.28 lakh shares.

Credit Access Grameen: Shares of the micro financed lender jumped 8.2% to ₹1,428.30 amid high volumes.

Trading volume more than tripled to 9.85 lakh shares as against an average volume of 3.12 lakh shares.

On the BSE, as many as 52,000 shares changed hands compared with an average of 8,262 shares traded daily in the past two weeks.

About The Author

Abhishek Vasudev.jpg
Abhishek Vasudev is a business journalist with over 15 years of experience covering business and markets. He has worked for leading media organisations of the country.

Next Story