Why These Stocks Are Rising and Falling Today: ITI, Engineers India & Dixon Technologies Gain; PB Fintech, Clean Science & IGL Decline

The stock market opened higher on Monday, November 02, with the Nifty gaining 1.11% to trade at 23,307 around 11:45 AM. Institutional flow data showed Domestic Institutional Investors  (DIIs) were net sellers, offloading ₹700 crore in equities, whereas Foreign Institutional Investors (FIIs) were net buyers, purchasing ₹3,344 crore.

Meanwhile, volatile crude oil prices continue to weigh on sentiment. Brent Crude traded around $110.06.87 per barrel at 11:47 AM, with Q4 forecasts of $120 maintaining pressure on import-reliant emerging markets like India. Additionally, the positive results from Reliance Industries helped the Nifty 50 trade in the green today. 

Despite these market conditions, here are the top gainers and losers in the Nifty 500 index.

Top Gainers for November 02: ITI, Engineers India & Dixon Technologies Gain Up to 17%

ITI gain 17%

ITI emerged as the top gainer in the Nifty 500 index on November 02, 2026. At 11:20 am, ITI  share price was trading at ₹254, up 17% from its previous close on the NSE. Trading volumes surged to 1.5 crore shares, compared with the 30-day average volume of 6.3 lakh shares.

Engineers India Rises Over 13.5%

Engineers India share price rose to ₹286 at 11:20 am, gaining 13.5% from its previous close on the NSE. Trading volumes stood at 1.6 crore shares, compared with the 30-day average volume of 62 lakh shares.
Engineers India Limited delivered strong performance for Q2 FY26-27, registering a total income of Rs 8,793.47 million and a Profit After Tax (PAT) of Rs 1,797.50 million on a standalone basis. Additionally, the company secured substantial new business orders totaling Rs 69,147 million throughout the quarter, expanding its overall order book to a robust Rs 204,205 million. 

Dixon Technologies gains 12.1%

The share price of Dixon Technologies Company was recorded at ₹12,336, showing a 12.1% increase from the previous day's closing price of the company's stock on the NSE. In terms of trading volume, the trading volume of the company still remains steady at 9 lakh shares, when compared to the company's average volume of 3 lakh shares over the past 30 days.
Financial performance of Dixon Technologies for the second quarter and half year ending September 30, 2026 has been stated as follows. Reported revenue for Q2 FY27 stood at Rs 21,863 crores, indicating a growth of 42% YoY. The Profit After Tax (PAT) after non-controlling interest for Q2 FY27 stood at Rs 344 crores. During H1 FY27, reported revenue of the company increased by 35% YoY to Rs 37,938 crores.

Top Losers for November 02: PB Fintech, Clean Science & IGL Fall Up to 6.7%

PB Fintech falls over 6.7%

At 11:20 am, the PB Fintech share price was trading at ₹933, down 6.7% from its previous close on the NSE. Trading volumes currently stand at 41 lakh shares, compared with the 30-day average volume of 53 lakh shares.

PB Fintech Limited reported its financial results for the quarter and half-year ended September 30, 2026. Total insurance premium grew 38% year-on-year to ₹9,385 crore, while operating revenue increased 35% to ₹2,178 crore. Profit After Tax (PAT) grew 43% year-on-year to ₹192 crore. Despite overall positive growth, the company shows a negative effect in certain areas, notably showing that new initiatives such as PB Pay and Pensionbazaar experienced a negative adjusted EBITDA margin of -5%.

Clean Science Falls 6%

Clean Science emerged as the top loser in the Nifty 500 index on November 02, 2026. At 11:20 am, the share price was trading at ₹671, down 6% from its previous close on the NSE. Trading volumes stood at 5 lakh shares, compared with the 30-day average volume of 2.4 lakh shares.

Clean Science and Technology Limited reported a mixed financial performance for Q2 FY2027. While consolidated revenue grew by 12% quarter-on-quarter and 22% year-on-year to INR 299 crore, profitability faced certain pressures. Standalone and consolidated EBITDA declined by 5% sequentially, and Profit Before Tax (PBT) dropped by 24% quarter-on-quarter. Additionally, raw material expenses as a percentage of revenue increased to 40.1%, and margins were moderated due to prevailing geopolitical headwinds.

IGL Drops 5.6%

IGL emerged as the top loser in the Nifty 500 index on November 02, 2026. At 11:20 am, the share price was trading at ₹131, down 5.6% from its previous close on the NSE. Trading volumes currently stand at 67 lakh shares, compared with the 30-day average volume of 18 lakh shares.

Results of the standalone unaudited financial performance of Indraprastha Gas Limited (IGL) for the quarter ending September 30, 2026, have been announced. The total income increased to Rs 5,799.51 crore. There has been a considerable fall in the profitability position of the firm, with PAT declining to Rs 24.38 crore from Rs 372.51 crore in the same quarter last year. This fall in the profit level has led to a fall in the profit margin as well. The net profit margin fell sharply from about 8.08% to 0.43%.