Transrail Lighting, Pace Digitek, Optiemus Infracom Shares Surge Amid High‑Volume Trading on September 22
On Tuesday, September 22, the Indian stock market indices reversed early gains to trade lower as investors remained cautious amid elevated U.S. Treasury yields and volatile oil prices amid geopolitical uncertainties. The benchmark NIFTY50 and BSE SENSEX opened higher but later declined into negative territory during the intraday session, with a focus on foreign capital outflow and sell‑off pressure in high‑growth sectors. At 2:32 pm IST, the NIFTY50 was down 0.09% at 23,394 points, while the BSE SENSEX was down 0.13% at 74,761 points, reflecting the cautious sentiment that dominated the session.
Transrail Lighting shares rallied 17% during the session, reaching an intraday high of ₹485 per share from ₹414.20 at the previous close. Trading volumes exceeded 1.69 crore equity shares, a 53‑fold jump over the National Stock Exchange’s average of 3,19,673 shares, triggering the high‑volume gains. The company announced on Monday evening that phase 1 of the brownfield expansion for conductor manufacturing at its Silvassa location had been completed, increasing total installed capacity to 40,800 Km/annum from 24,000 Km/annum.
Pace Digitek’s stock surged more than 13%, touching an intraday high of ₹175.37 from ₹154.86 at the previous close. Trading volumes rose to over 2.05 crore equity shares, a 39.23‑fold increase over the average weekly volume of 5,22,987 shares. The momentum was driven by the company’s announcement that it secured a ₹488 crore BESS order from NTPC GE Power Services Private Limited, with completion expected by December 31, 2026 and a 12‑year maintenance period.
Jain Resource Recycling shares jumped about 10%, reaching an intraday high of ₹299.80 from ₹272.75 at the previous close. Trading volumes spiked by over 19 times to 1.16 crore shares, compared to an average weekly volume of 6,04,605 shares, and nearly 12 times the two‑week average of 9,71,577 shares. The company’s board last week approved an additional corporate guarantee of up to ₹50 crore to ICICI Bank to secure credit facilities for its subsidiary Jain CY Circular Solutions Private Limited. C.E. Info Systems shares rose 7.6%, hitting ₹969.80 from ₹900.50, with volumes 14.21 lakh shares, a 12.55‑fold jump over the weekly average of 1,13,229 shares.
Optiemus Infracom shares rallied 20%, hitting its upper circuit at ₹708.90 from ₹590.75 at the previous close. Trading volumes surged 12.76 times to 80 lakh shares, compared to a weekly average of 6,26,882 shares. On Tuesday, the company informed exchanges that its board approved an expansion of the existing partnership with Nothing Electronics Private Limited by entering into a binding term sheet for the commercialization and sale of CMF products, including mobile phones and sub‑assemblies such as the Nothing Phone, CMF Buds, and CMF Headphones.
India Tourism Development Corp’s stock surged 11%, reaching an intraday high of ₹723.70 from ₹651.95 at the previous close. Trading volumes surpassed 29.39 lakh shares, a 31‑fold increase over the past week’s average of 94,679 shares, and 2.43 times the two‑week average of 12,09,314 shares. The high‑volume gains were triggered by massive investor interest, reflecting the heightened activity across the market on September 22.