चेन्नई पेट्रो, क्यूपिड और PTC इंडस्ट्रीज; टाइटन, प्राइम फोकस लिमिटेड और एक्मे सोलर डिक्लाइन

Indian equities opened on a weak note on Wednesday, October 7, with the Nifty 50 declining 0.74% to 22,614 around 9:17 AM. The cautious opening was driven by rising crude oil prices, mixed Asian cues and investor nervousness ahead of the Reserve Bank of India’s monetary policy decision. Brent crude rose around 0.88% to $101.4 a barrel, adding to concerns over inflation and the domestic rate outlook.

The RBI raised the repo rate by 25 bps to 5.5%, marking its first rate hike since February 2023, and shifted its stance to calibrated tightening. The rate hike weighed on rate-sensitive sectors, with financials, auto and realty stocks coming under pressure.

Institutional flows remained a key overhang, with Foreign Institutional Investors (FIIs) continuing to sell Indian equities. FIIs were net sellers of ₹2,961 crore on Tuesday, October 6, while Domestic Institutional Investors (DIIs) provided support by buying equities worth ₹5,089 crore.

इस पृष्ठभूमि के बीच, यहां निफ्टी 500 इंडेक्स में टॉप गेनर और लूज़र दिए गए हैं.

Top Gainers for October 7: Chennai Petro, Cupid, & PTC Industries Gain Up to 5.36%

Chennai Petro Price Jumps 5.36%

Chennai Petroleum Corporation Ltd. is among the top gainers in the Nifty 500 today and is trading at ₹1,418 at 9:39 am, gaining 5.36% from its previous close on NSE. The move comes despite a broader cautious market and higher crude oil prices, suggesting that the buying is more stock-specific rather than being driven by a broader decline in crude. CPCL continues to benefit from its strong operating performance, with improved refining margins and higher profitability supporting investor sentiment.

ट्रेडिंग वॉल्यूम 14.5 लाख शेयरों पर था, जबकि 17.5 लाख शेयरों की औसत 30 दिन थी.

Cupid Share Price Rises Over 4.55%

Cupid Ltd. is witnessing strong buying interest, with the stock gaining 4.55% to ₹324.20 on Wednesday, October 7, at 9.39 am, hitting a fresh all-time high of ₹325 on October 6. The rally comes amid continued momentum in the stock following the company’s upward revision of its FY27 revenue and profit guidance, supported by strong business momentum and improving visibility across its domestic and international markets.

Trading volumes stood at 2.8 crore shares, compared with the 30-day average volume of crore shares.

PTC Industries Company gains 4.11%

At 9:39 am, the PTC Industries share price was trading at ₹24,0075, up by 4.11% from its previous close on the NSE. PTC Industries Ltd. is witnessing strong interest in trade after the company launched a ₹1,800 crore Qualified Institutional Placement (QIP). The fundraise is aimed at reducing debt, supporting working capital and funding capacity expansion at its aerospace and defence subsidiary Aerolloy Technologies. The QIP comes at a floor price of ₹22,150 per share, against the stock’s previous close of ₹23,125.

Trading volumes stood at 49 thousand shares, compared with the 30-day average volume of 32 thousand shares.

Top Losers for October 7: Titan, Prime Focus Ltd, & ACME Solar Fall Up to 3.9%

Titan Share Price Falls 3.91%

At 9:39 am, the Titan share price was trading at ₹4,372, down 3.91% from its previous close on the NSE, despite reporting 25% YoY growth across its consumer businesses.

The key concern is jewellery, which grew 21% but saw only mid-single-digit buyer growth, while the festive demand shift into Q3 also weighed on the near-term outlook.

However, the broader business remained strong, with watches and EyeCare growing 30% and 28%, respectively, while Titan added 78 net stores during the quarter

ट्रेडिंग वॉल्यूम 10.5 लाख शेयरों पर था, जबकि 6.6 लाख शेयरों की औसत 30 दिन थी.

Prime Focus Share Price Declines 3.48%

Prime Focus saw selling pressure on Wednesday, October 7 with the stock trading at ₹282 around 9:39 am, dropping 3.48% during morning trade. According to media reports, the Income Tax Department conducted a search at the company’s Mumbai office. The action is reportedly linked to scrutiny of foreign remittances and financial transactions, triggering selling pressure in the stock.

The development has overshadowed recent positive triggers for the company, with investors now focused on the outcome of the tax department’s investigation and any further clarification from the company.

ट्रेडिंग वॉल्यूम 37 लाख शेयरों पर था, जबकि 26 लाख शेयरों की औसत 30 दिन थी.

ACME Solar Share Price Drops 2.79%

ACME Solar share faced selling pressure on Wednesday, October 7, and was trading at ₹435.7, down 2.79% from its previous close on the NSE, despite commissioning an additional 66.68 MW solar capacity in Rajasthan, taking the project’s commissioned capacity to 133.36 MW. The company also has a 300 MW hybrid project under development with an NTPC power purchase agreement. 

The stock is facing profit booking after its strong recent run-up. The stock had touched a record high of ₹476.90 in September

ट्रेडिंग वॉल्यूम 4 लाख शेयरों पर था, जबकि 23 लाख शेयरों की औसत 30 दिन थी.