Stories
Nifty 500 Stocks Surge: Transformers and Rectifiers Jumps 15% While Bank of Baroda Drops 3%
C
CNBC TV18•14-10-2026, 10:02
Nifty 500 Stocks Surge: Transformers and Rectifiers Jumps 15% While Bank of Baroda Drops 3%
- •Transformers and Rectifiers shares surged over 15% after reporting a strong second-quarter net profit of ₹79.8 crore and a 60.7% growth in revenue.
- •Tata Elxsi shares climbed more than 7% following its Q2 results which showed a revenue rise to ₹1,055.7 crore and improved operating margins.
- •Bharat Coking Coal rose over 6% after approving a price rationalisation for raw coking coal in the non-regulated sector.
- •Polycab India shares dropped up to 5% after the NCLAT put on hold an NCLT order that had started insolvency proceedings against the company.
- •Bank of Baroda fell over 3% after Dr B R Shetty filed a $15 billion damages suit against the bank and 25 others alleging collusion in fraud.
Key Questions Answered
Transformers and Rectifiers shares surged over 15% at market open following strong second-quarter financial results that included a net profit increase to ₹79.8 crore and revenue growth of 60.7% to ₹739.4 crore.
MMTC shares surged over 5% at market open after the Supreme Court rejected the company's plea against the National Spot Exchange Ltd settlement to traders.
Bank of Baroda shares fell over 3% at market open after Dr B R Shetty filed a $15 billion damages suit alleging that bank officers colluded in fraud involving NMC Healthcare and UAE Exchange.
