L&T Technology Services shares climbed as much as 15% to an intraday high of ₹4,143 after the company announced a net profit of ₹548 crore for the second quarter of the current financial year, a 66% rise from ₹329 crore in the same period last year. The information technology firm’s revenue from operations increased 12% to ₹3,040 crore at the end of September, up from ₹2,713 crore a year earlier, while its EBIT margin improved by 60 basis points to 16.3%. Trading volume surged 45.6 times to 58.47 lakh shares, far above the 1.28 lakh share average.

The Indian equity benchmarks erased intraday gains in noon deals as a spike in crude prices dented investor sentiment towards equities. The SENSEX fell as much as 1,325 points from the day's highest level, and the NIFTY50 index touched an intraday low of 22,702 after hitting an intraday high of 23,121, dragged down by losses in index heavyweights such as HDFC Bank, Bajaj Finance, Axis Bank, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Maruti Suzuki and NTPC. As of 12:49 pm, the SENSEX was down 361 points at 73,491 and the NIFTY50 index dropped 141 points to 22,747.

L&T Technology Services’ revenue in dollar terms rose 4.8% to $317 million. On a sequential basis, its revenue rose 3.4%. The company’s operational earnings remained stable, with an EBIT margin of 16.3%. Trading volume jumped 45.6 times to 58.47 lakh shares compared with an average volume of 1.28 lakh shares, reflecting heightened investor interest in the firm’s robust earnings performance.

Fractal Analytics shares advanced as much as 7% to an intraday high of ₹763 after announcing that Shilpa Kedia has joined the company as Chief Financial Officer, effective immediately. Trading volume on the NSE jumped 19.4 times to 50.24 lakh shares compared with an average volume of 2.59 lakh shares, while 3.02 lakh shares changed hands on the BSE against an average of 12,000 shares traded daily in the past two weeks. India Cements shares rose 7.8% to an intraday high of ₹317 amid a spike in trading activity, with NSE volume jumping 14.9 times to 78.93 lakh shares versus an average of 5.3 lakh shares and 3.61 lakh shares changing hands on the BSE against a two‑week average of 1.12 lakh shares.

Piramal Finance shares advanced as much as 4.36% to an intraday high of ₹2,033.15 after reporting a consolidated net profit of ₹545 crore for the second quarter of the current financial year, a 67% increase from ₹327 crore in the same period last year. Its interest income rose 26% to ₹3,253 crore at the end of September quarter from ₹2,585 crore a year earlier. Piramal Finance’s assets under management increased 24% year‑on‑year to ₹1,13,112 crore, driven by a 30% YoY increase in growth AUM excluding the discontinued legacy business. Trading volume jumped 5.8 times to 9.85 lakh shares compared with an average volume of 1.7 lakh shares.

Gland Pharma shares advanced as much as 3.73% to an intraday high of ₹572.60 amid a spike in trading activity. Trading volume on the NSE jumped 3.6 times to 1.01 crore shares compared with an average volume of 28 lakh shares. On the BSE, 5.33 lakh shares changed hands compared with an average of 3.99 lakh shares traded daily in the past two weeks.