InterGlobe Aviation shares are up 3.89% to ₹4,857 as investors digest Q2 FY27 results, viewing the quarter as a potential trough after the net loss narrowed 27% year-over-year to ₹1,879 crore. The rally is driven by strong pricing power, with passenger yields rising approximately 34% and revenue increasing 26% to ₹23,364 crore, alongside management's explicit guidance to raise fares to offset a 67% surge in fuel costs. While technical momentum supports the move, the stock remains fundamentally pressured by elevated fuel and forex expenses, with intraday indicators suggesting the price is currently overbought.
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Vedanta Power shares are surging 11.39% to ₹32.17 following the release of its Q2 FY27 results, which marked a significant turnaround with a net profit of approximately ₹83 crore compared to a loss of ₹1,690 crore in the same period last year. The strong performance was driven by a 38% year-over-year revenue increase to roughly ₹2,820 crore and record EBITDA, aided by a favorable regulatory ruling that allowed the recovery of ₹58 crore in legacy ash disposal costs. Trading volume spiked to nearly 76 million shares, about 2.8 times the one-month average, indicating robust institutional interest, although technical indicators like an RSI above 85 suggest the stock is currently overbought.
KPR Mill shares are trading up approximately 3.6% to ₹1,121.90 as investors react to strong Q2 FY27 results declared on October 28, which featured a 58% year-over-year jump in net profit to ₹345 Cr and a 19% rise in revenue. The earnings beat is supported by improved EBITDA margins of 27.5% and a broader sector tailwind driven by potential government extensions to cotton import duty exemptions. Technical indicators confirm the momentum, with the stock trading above key moving averages and volume running 1.13 times the one-month average.
Laurus Labs shares are up approximately 3.6% following the release of strong Q2 FY27 results that significantly beat market expectations. Revenue surged 33% year-over-year to ₹2,206 crore, while net profit more than doubled to ₹441 crore, driven primarily by a 75% jump in CDMO revenue and improved operating leverage. The positive reaction is supported by above-average trading volume and strategic announcements, including a new peptide manufacturing acquisition and progress on ADC programs, which reinforce the company's growth trajectory.
Vedanta Oil & Gas shares surged approximately 8.8% to ₹30.30 on heavy volume of 35.7 million shares, driven primarily by strong Q2 FY27 results released the previous evening. The rally reflects investor optimism over a 34% year-on-year jump in EBITDA to ₹1,393 crore, margin expansion to 56%, and a near-zero net debt position, despite a 19% decline in production. The move was further amplified by a relief bounce from near 52-week lows and positive sentiment from broader Vedanta group earnings.
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Deepak Nitrite shares are surging approximately 4.67% to ₹1,545.30 on volume nearly seven times the monthly average, driven by a massive earnings beat in its Q2 FY27 results reported the previous evening. Net profit jumped 235% year-over-year to ₹398 crore, with EBITDA margins expanding significantly to 20.8% as the Phenolics segment led performance. The strong financials, combined with a completed ammonia-to-amines value chain and a robust capital expenditure pipeline exceeding ₹11,500 crore, have triggered a sharp technical rebound from recent weak trends.
Coforge is trading up approximately 3.72% to ₹2,034.90, driven primarily by strong Q2 FY27 results announced on October 23, which featured a 54% year-over-year revenue jump to ₹6,171 crore and a 42% rise in net profit. The positive sentiment is further supported by an upgrade in FY27 EBIT margin guidance to 16.0% and a significant 50.6% quarter-over-quarter increase in fresh order intake to US$1.04 billion. While no specific news broke this morning, the stock is also benefiting from a recent AI-related product launch and a broadly positive tone in the IT sector, though early session volume has not yet strongly confirmed the breakout.