On Tuesday, 2,189 stocks advanced, 2,018 declined and 201 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.08 indicating a positive closing.
The trend of the major indices on Tuesday’s trading is given in the table below.
On NSE, 94 securities advanced and closed at a new 52-week high whereas 39 securities sank to close at their new 52-week lows. Nifty Auto, Nifty India Defence and Nifty Metal were among the biggest gainers. Nifty PSU Bank, Nifty IT and Nifty FMCG were among the biggest losers.
NHPC (-0.85%) reported methane gas burst caused an explosion inside the Head Race Tunnel at NHPC’s Teesta Stage VI Hydroelectric Project in South Sikkim on July 20, 2026, resulting in 10 confirmed deaths. Rescue operations continue for the remaining trapped personnel with support from multiple emergency agencies. NHPC is conducting an investigation and providing full support to victims’ families.
Patel Engineering (-1.23%) reported a methane gas leak-triggered explosion at its Samardung Tunnel project in North Sikkim on 20 July 2026, trapping 25 personnel and causing casualties. Rescue efforts are underway in coordination with disaster response teams and local authorities. It has initiated an investigation and expressed condolences to affected families.
Atlanta Electricals (-4.77%) posted a 50.5% year-on-year increase in net profit to ₹46.84 crore for Q1FY26-27. Revenue from operations grew 48% to ₹466.33 crore in the same period.
Choice International’s (+0.23%) consulting subsidiaries secured government contracts worth ₹191.38 crore in Q1FY26-27 across sectors such as e-governance, infrastructure, and digital transformation. The orders span 23 assignments awarded by central and state agencies. This reinforces the company’s leading role in public sector consultancy.
Batliboi (+11.18%) won a ₹52 crore contract from SAEL Industries to design, supply, and commission pollution control equipment for a solar cell manufacturing facility in Uttar Pradesh. The project is expected to be completed within six to eight months. This order supports the company’s expansion in environmental engineering solutions.
IndiGo (+1.45%) signed a landmark MoU with CFM International for over 1,000 LEAP-1A (high-bypass turbofan jet engine) to power 510 Airbus A320neo Family aircraft, marking the largest order for these engines. The agreement includes support for IndiGo’s upcoming engine maintenance and overhaul facility.
Zen Technologies (+3.94%) secured a ₹180 crore defence order, boosting its portfolio in defence training simulators and anti-drone systems. The company ended FY26 with a record order book of ₹1,336 crore. This contract aligns with India’s focus on indigenous defence procurement.
NLC India (-0.42%) issued ₹150 crore in commercial paper on July 20, 2026, to enhance liquidity and manage financial operations efficiently. The move complies with SEBI’s regulatory framework for listed companies. NLC India continues to focus on sustainable growth in mining and power sectors.
E2E Networks (+5.00%) reported a 334% year-on-year revenue increase to ₹156.8 crore in Q1 FY27, driven by the launch of its B200 AI cloud GPU cluster. EBITDA margin expanded to 75.2%, with net profit rising to ₹43.9 corore. It is investing in GPU capacity expansion and organisational capabilities to meet AI ecosystem demands.
Zaggle (-0.80%) approved an investment of up to ₹7.97 crore to acquire a 19.9% stake in Unobanc Private Limited, a digital cross-border payments company. The acquisition aims to expand Zaggle’s capabilities in foreign exchange and remittance services. The deal is subject to regulatory approvals and expected to conclude within 90 days.
Steel Exchange India (-0.33%) posted a 47% y-o-y net profit increase to ₹15.03 crore for Q1 FY27 on revenue of ₹270.70 crore. The company improved profitability through cost management and a reduced debt-to-equity ratio. Capital raised via preferential allotment enhanced liquidity for growth opportunities.
Granules India (-0.05%) reported a 22% year-on-year revenue increase to ₹14,768 million and a 60% rise in net profit to ₹1,800 million for Q1 FY27. EBITDA margin stood at 23%, supported by geographic and product diversification.
Arvind Fashions (-0.78%) achieved 15.5% revenue growth to ₹1,279 crore in Q1 FY27, driven by improved sales across segments. However, profit after tax declined to ₹10 crore from ₹13 crore due to lower other income.
Glenmark Pharmaceuticals (+0.12%) received FDA approval for expanded use of its RYALTRIS nasal spray in children aged 6 to under 12 years for Seasonal Allergic Rhinitis. The approval was based on a Phase 3 trial demonstrating safety and efficacy. This broadens treatment options in the US pediatric market.
TVS Motor allotted 50,000 senior unsecured non-convertible debentures worth ₹500 crore at a 7.30% coupon rate with a 36-month tenure. The issue was completed through private placement and will be listed on NSE. Interest payments are scheduled annually starting July 2027.
PNB Housing Finance (-0.40%) disclosed a ₹421.81 crore fraud involving borrower Happy Home Corporation related to credit facilities from 2016 to 2021. The fraud has been written off, causing no financial impact on the company. Legal action is planned, and regulatory compliance has been maintained.
Ambuja Cements (+0.70%) received an NCLT order to hold a shareholders’ meeting on September 28, 2026, to discuss the proposed amalgamation with Orient Cement. The meeting will be conducted via video conferencing. This step advances the ongoing merger process between the two companies.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
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