Zen Tech, HDFC Bank, JK Tyre among buzzing stocks as NIFTY50, SENSEX trade flat in noon session

The Indian benchmark indices, SENSEX and NIFTY50, were trading flat during the afternoon session on Wednesday, May 27, amid subdued market sentiment, impacted by the rising uncertainty over US-Iran negotiations and rising oil prices.

At 12:58 PM, the S&P BSE SENSEX was trading flat at 75,976.73, down by 0.04% or 32.98 points. Meanwhile, NSE’s NIFTY50 stood at 23,916.10, edging higher by 0.01% or 2.40 points.

On Tuesday, the foreign institutional investors (FIIs) sold shares worth ₹2,407.87 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹1,361.43 crore on a net basis, according to exchange data.

The top gainers on the NIFTY50 index included Hindalco Industries, Tata Steel, Power Grid Corporation of India, Bajaj Auto and NTPC.

On the other hand, ONGC, Coal India, HDFC Bank, Wipro, and SBI Life Insurance Company were among the top laggards.

Buzzing stocks on May 27: Check list

Shares of Procter & Gamble Health rallied as much as 18.5% to touch an intraday high of ₹6,700 apiece on the National Stock Exchange (NSE) on Wednesday, May 27, a day after reporting a 56% YoY jump in its consolidated net profit to ₹95 crore in the fourth quarter of the fiscal year ending March 31, 2026 (Q4 FY26).

In the year-ago period, the company had logged a profit of ₹61 crore, according to a regulatory filing dated May 26.

The profit growth was led by superior brand-building activities and supported by strengthened supply chain and go-to-market capabilities, P&G Health said in a statement.

The Mumbai-based company's revenue from operations increased 19% on a year-on-year (YoY) basis to ₹370 crore in the January to March quarter, as against ₹311 crore seen in Q4 FY25.

The stock of Zen Technologies gained as much as 7.41% to hit an intraday high of ₹1,721.70 per equity share on the NSE on Wednesday, as it announced the launch of its Integrated Smart Border Suite (ISBS), a next-generation border security ecosystem designed to support India’s emerging “Smart Border” vision.

The announcement comes days after Union Home Minister Amit Shah declared that India would roll out a nationwide “Smart Border” project aimed at securing nearly 6,000 km of border with Pakistan and Bangladesh using advanced technologies, including drones, radars and smart surveillance systems.

KEC International shares rose as much as 2.4% to touch an intraday high of ₹511.30 apiece on Wednesday, May 27, as the global infrastructure EPC major secured new orders worth ₹1,303 crore.

The orders were bagged across various verticals, including transmission and distribution (T&D), civil, renewables and cable and conductors.

The company’s T&D business has secured multiple new orders across India and the Americas. These include contracts for 400/220 kV substations along with associated transmission lines from a private developer in Southern India, as well as orders for the supply of towers, hardware and poles in the Americas, further adding to its T&D order book.

Coal India (CIL) stock tumbled as much as 6.49% to ₹428.40 apiece on the NSE in the early trade on Wednesday, as the government plans to sell up to a 2% stake in the Maharatna PSU through an offer for sale (OFS) at a floor price of ₹412 apiece, beginning Wednesday.

The sale of up to a 2% stake, or about 12.32 crore shares at ₹412 apiece, would fetch about ₹5,000 crore to the exchequer.

The OFS opened for non-retail investors on May 27, and for retail investors, the stake sale will open on May 29.

"Government of India announces OFS in Coal India Limited with a base offer of 1% of its equity and an additional 1% Green Shoe Option in case of oversubscription."

The stock of HDFC Bank, India’s largest private sector lender, slipped as much as 2.36% to ₹760.5 apiece on the NSE during morning trade on Wednesday, May 27, amid fresh reports related to alleged irregular payment practices and internal governance concerns.

These payments, the Indian Express investigation, based on internal records, has revealed, were meant for MSRDC as “differential interest,” i.e., interest over and above the specified rate, on its deposits.

Shares of Indian Railway Catering & Tourism Corporation Ltd (IRCTC) declined by 2.82% to touch an intraday low of ₹522 apiece on Wednesday, May 27, after the company reported a 8.88% decline in its consolidated net profit to ₹326.39 crore in the financial quarter of the financial year 2025-26. The company had posted a post-tax profit of ₹358.22 crore a year back.

Its revenue from operations climbed 15.07% to ₹1,459.71 crore in Q4 FY26, compared to ₹1,268.52 crore in the same period of the previous fiscal year.

The stock of Oil & Natural Gas Corporation (ONGC) fell over 4%, despite reporting a 53% rise in its consolidated net profit at ₹13,678 crore for Q4 FY26, as compared to ₹6,470 crore for the same quarter in the previous year.

On a standalone basis, the company has reported 3.13% rise in its net profit at ₹6,649.97 crore for Q4FY26 as compared to ₹6,448.28 crore for the same quarter in the previous year.

Shares of Transrail Lighting declined as much as 7.38% to touch the session’s low of ₹480.80 per unit on the NSE, as its revenue from operations during the Q4 FY26 slipped 4% YoY to ₹1,863 crore, while EBITDA stood at ₹207 crore, down 13% YoY.

Tax expenses during the quarter under review slipped 5% YoY to ₹47 crore, and operating profit after tax (PAT) declined 24% YoY to ₹97 crore.

The company said that PAT excludes the provision made of ₹17 crore in Q3 FY26 towards the new labour code.

Operating Profit After Tax Margin stood at 5.1% against 6.5% in the year-ago period.

JK Tyre & Industries stock rallied as much as 7.23% to hit an intraday high of ₹422.65 per equity share on the NSE on Wednesday, May 27, as it posted a 79.80% YoY surge in its consolidated net profit to ₹178 crore. In the corresponding period of the preceding fiscal year, it had clocked a profit of ₹99 crore, according to a regulatory filing.

Its revenue from operations soared 12.34% YoY to ₹4,223 crore during the quarter under review, compared with ₹3,759 crore in Q4 FY25.