Five BSE 150 midcap stocks notched fresh 52 week highs, lifting investor optimism even as benchmark indices ended only slightly higher. Vodafone Idea led with standout momentum, alongside SAIL, MCX, Laurus Labs and Ajanta Pharma. Their monthly gains point to continued selective buying despite a subdued overall market mood.
Neuland Laboratories shares surged about 7% after the company delivered a blockbuster Q4. Profit leapt seven-fold year-on-year while revenue doubled, pointing to strong momentum across its key segments. Management said the results reflect broad business strength and highlighted continued investments and strategic moves to support future growth. Investors reacted positively to the jump in earnings power.
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ONGC shares surged around 6% after CLSA said the government’s cut to crude oil and natural gas royalty rates is a major tailwind for upstream producers. The brokerage estimates the change could lift ONGC’s fair value by about 7–9% and Oil India’s by 9–11%, while Oil India shares gained roughly 7.5%. CLSA keeps a high-conviction outperform call.
Adani Power has surged nearly 50% in 2026 to become India’s most valuable listed power company, overtaking NTPC. Investors point to stronger earnings, rising electricity demand, high plant load factors, new tariff-backed power purchase agreements, and growing institutional ownership. The rally looks like a re-rating story, though valuation and downside risks still linger.
Coforge shares surged 6% after its Q4 results, with the stock gaining about 16% over three days. Net profit and revenue came in strong, while brokerages reiterated bullish “Buy” calls. Investors are pointing to fresh deal wins, an expanding order book, and expectations that the Encora acquisition will add meaningful growth momentum ahead.
Arm Holdings rallied after reporting strong quarterly earnings and delivering upbeat guidance that signaled accelerating demand for its AI-focused chip designs. The company also pointed to momentum in next-generation data center CPU platforms, helping fuel renewed investor confidence. The move underscores how fast AI infrastructure demand is translating into measurable results for key semiconductor IP providers.
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One97 Communications, Paytm’s parent company, saw its shares jump up to 6.2% after blockbuster Q4 results. The firm posted consolidated net profit of ₹183 crore in the quarter and, more importantly, reported its first full-year profitability with net profit of ₹552 crore for FY26. Investors are betting on a sustained operational turnaround and renewed growth momentum.
ideaForge Technology shares saw a sharp boost as institutional investors—including BNP Paribas—bought large blocks worth about Rs 39 crore in Tuesday bulk deals. Multiple buyers snapped up shares within a tight price range, pointing to strong, coordinated demand. The purchases came alongside a roughly 10% rise in the stock, underlining growing market confidence in the drone technology firm.
Bajaj Auto and four other BSE 100 stocks hit fresh 52-week highs, with recent rallies reaching as much as 40% over the past month. The group includes Adani Power, Adani Ports, Nestle India, and Cummins India, signaling broad-based strength across sectors rather than isolated momentum.
Adani Energy Solutions has surged about 63% in three months as summer demand sparked fresh investor interest, making it the group’s second-best performer behind Adani Power. But despite the momentum, brokerages remain cautious. The jump appears closely tied to seasonality, raising questions about how sustainable the gains—and the outlook—really are.
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ONGC shares jumped over 4% for a second straight session as crude oil prices climbed, lifting investor sentiment. The rally is tied to escalating US Iran tensions and disruptions around the Strait of Hormuz, which are tightening supply expectations. With higher oil prices improving upstream realisations, traders are betting on a stronger earnings outlook.
Broadcom’s market value surged past $2 trillion, powered by a sharp rise in demand for custom AI chips and cloud networking. The company’s AI semiconductor sales more than doubled, while partnerships with major cloud players like Google and Meta strengthened its foothold in the fast-growing AI infrastructure market. Investors are also reacting to ongoing ETF buzz around the AI trade.
Cathie Wood sold more than $74 million worth of Advanced Micro Devices shares after the stock surged 72% in just one month. She simultaneously increased exposure to Amazon. Even as ARK ETFs saw outflows, Wood doubled down on innovation, rejecting fears that an AI-driven market bubble could be forming.
A BSE smallcap analysis shows ownership rising among foreign institutional investors and retail investors across 164 stocks, even as the broader market saw declines. Yet ten smaller names bucked the trend, rallying sharply with CY26 gains reaching as high as 105%. The shift highlights growing selective bets despite choppy conditions.
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Intel stock surged nearly 28% in a single session, pushing the company above $80 to record highs. The move reflects explosive AI-driven demand, reinforced by strong Nvidia support. A stake said to have been entered near $20 per share in August 2025 is now worth about $36 billion, alongside Intel expanding AI chip production and foundry services tied to U.S. supply-chain priorities.
The combined market valuation of five of India’s top-10 most valued firms jumped by Rs 72,284.74 crore over the past week. Tata Consultancy Services (TCS) and Infosys were the biggest gainers, driving the surge as investor sentiment improved toward leading software bellwethers. The rally highlights how a handful of large caps can noticeably swing overall market wealth.
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