Why These Stocks Are Rising and Falling Today: TARIL, IDBI & TATAELXSI Gain; POLYCAB, LICHSGFIN, & MEESHO Decline

Indian equities were trading cautiously on Wednesday, October 14, following yesterday’s sharp rally, the Nifty 50 was trading at 22,689, down 0.14% at 9:40 am. Strong IT earnings, short covering and hopes of a review of stock market taxes supported the rebound. However, Brent crude oil trading above $106 per barrel remained a concern, while the rupee’s recovery against the US dollar provided some relief.

Foreign institutional investors (FIIs) sold equities worth approximately ₹1,305 crore on Tuesday, while domestic institutional investors (DIIs) purchased around ₹2,439 crore, helping offset the outflows. Tata Elxsi, Bharat Electronics and Wipro remained in focus amid earnings and company-specific developments. Investors will closely watch crude oil prices, rupee movements, global cues and upcoming corporate earnings for further direction.

Amidst this backdrop, here are the top gainers and losers in the Nifty 500 index.

Top Gainers for October 14: TARIL, IDBI & TATAELXSI Gain Up to 15.5%

Transformers & Rectifiers India Ltd Price Jumps 15.5%

Transformers & Rectifiers India Ltd is among the top gainers in the Nifty 500 today and is trading at ₹351.20 at 9:40 am, gaining 15.5% from its previous close on NSE, following strong Q2 FY27 results. The company reported a 338% year-on-year jump in standalone net profit to ₹75.06 crore, while revenue rose 66% to ₹709.04 crore. EBITDA surged 205%, with margins improving to 16.1%. Fresh order inflows of ₹1,169 crore and a strong order book of ₹7,237 crore further supported investor sentiment.

Trading volumes stood at 3.0 crore shares, compared with the 30-day average volume of 46.5 lakh shares.

IDBI Bank Ltd Share Price Rises Over 10.1%

IDBI Bank Ltd is witnessing strong buying interest, with the stock gaining 10.1% to ₹91.36 on Wednesday, October 14, at 9.40 am, exclusively due to short-term trader momentum ahead of its October 17 board meeting to approve Q2 financial results, which was officially announced just 2 days ago. After a rough week of losses, investors are heavily buying into the stock today

Trading volumes stood at 6.6 crore shares, compared with the 30-day average volume of 1.5 crore shares.

Tata Elxsi Ltd Company gains 7.5%

At 9:40 am, the Tata Elxsi Ltd share price was trading at ₹3,683, up by 7.5% from its previous close on the NSE, following its Q2 FY27 results. The company reported a 10% year-on-year rise in net profit to ₹170.30 crore, while revenue from operations increased 15% YoY to ₹1,055.7 crore. EBITDA grew 7.1% sequentially to ₹231.4 crore, with margins improving to 21.9%. The sharp rally and supported investor sentiment was driven by growth in transportation, media and communications and healthcare segments, along with improving operating performance.

Trading volumes stood at 19.1 lakh shares, compared with the 30-day average volume of 3.5 lakh  shares.

Top Losers for October 14: POLYCAB, LICHSGFIN, & MEESHO Fall Up to 4.6%

Polycab India Ltd Share Price Falls 4.6%

Polycab India share price was trading at Rs 7,906 down 4.6% from its previous close on the NSE at 9.40 am amid concerns over its removal from the NSE Futures & Options (F&O) segment, reports said after its inclusion under the IBC surveillance framework. This development added to investor concerns over insolvency proceedings involving an alleged ₹2.79 crore operational debt, even as the NCLAT granted an interim stay on the insolvency order. The stock came under pressure as investors were wary due to uncertainty over the insolvency proceedings and the impending F&O exclusion.

Trading volumes stood at 1.5 crore shares, compared with the 30-day average volume of 44.5 lakh shares.

LIC Housing Finance Ltd Share Price Declines 3.9%

LIC Housing Finance Ltd. shares saw selling pressure on Wednesday, October 14 with the stock trading at ₹541.85 around 9:40 am, dropping 3.9% during morning trade indicating some profit booking following its recent rally. Meanwhile, elevated crude oil prices and concerns over inflation and interest rates remained key factors influencing sentiment towards housing finance companies.

Trading volumes stood at 21 lakh shares, compared with the 30-day average volume of 38.4 lakh shares.

Meesho Ltd Share Price Drops 3.3%

Meesho Ltd share faced selling pressure on Wednesday, October 14, and was trading at ₹232.60, down 3.3% from its previous close on the NSE amid profit booking following a 4.23% gain in the previous session. The stock had recently attracted buying interest after the company reported a 75% year-on-year jump in orders on the opening day of its Mega Blockbuster Sale 2026, with customer participation rising 60%.

Trading volumes stood at 6.7 crore shares, compared with the 30-day average volume of 2.5 crore shares.