SENSEX, NIFTY50 trade higher in noon deals; Suzlon Energy, Highway Infra, Astral among buzzing stocks

Shares of Inox Green Energy zoomed 5% on Tuesday after the company entered into an agreement with one of the largest and most diversified Indian conglomerates Tracking most of its Asian peers, the Indian stock market continues to trade positive in the afternoon trade, amid a volatile session on Tuesday, August 12. Rallies in auto, media, oil and gas and IT stocks helped the market to remain buoyant. At 12:40 PM, the S\&P BSE SENSEX was up 155.81 points, or 0.19%, at the 80,759.89 level, while NSE’s NIFTY50 was trading at the 24,637.75 level, rising 52.70 points, or 0.21%. Maruti Suzuki was the most contributing stock, gaining 2.53%, followed by Tech Mahindra (2.26%), Mahindra & Mahindra (1.97%), Hero MotoCorp (1.91%) and Sun Pharma (1.57%). On the flip side, Bajaj Finance (-1.2%), Hindustan Unilever (-0.81%), Grasim Industries (-0.72%), Eternal (-0.61%) and Bharat Electronics (-0.55%) were the top losing stocks on the NIFTY50 index. Also read: Nippon Life AMC, HDFC AMC: Four reasons why mutual funds will continue to see impressive inflows Buzzing stocks on August 12: Check list Astral Shares of Astral Limited slipped 7.5% to its intraday low, a day after the company reported a slow June quarter. The PVC pipes and plastic products maker posted a 32.5% year-on-year (YoY) decline in its consolidated net profit at ₹81 crore in the quarter ended June 2025 (Q1 FY26). In the corresponding period last year, the firm had clocked a profit of ₹120 crore. Its revenue from operations stood at ₹1,361 crore, slipping 2% YoY in Q1 FY26, compared to ₹1,384 crore in the first quarter of the 2024-25 fiscal year (Q1 FY25). On the operational level, Astral Limited’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹185 crore in contrast to ₹214 crore in the same quarter of the previous fiscal year, marking a decline of 13.5%. The EBITDA margin also contracted to 13.5% in Q1 FY26 as against 15% YoY. Following the earnings, shares of Astral slipped to an intraday low of ₹1,278 apiece on NSE. Last seen, it was trading at ₹1,282.10 apiece, slumping 7.20%. Inox Green Energy Shares of Inox Green Energy zoomed 5% on Tuesday after the company entered into an agreement with one of the largest and most diversified Indian conglomerates for the comprehensive O\&M of 182 MW of operational wind projects housed under its renewable energy arm. The projects are located across multiple sites in Western India plugged into the common infrastructure owned by Inox Green. “The agreement involves the conversion of limited scope to comprehensive O\&M for 82 MW of wind projects, as well as the renewal of comprehensive O\&M for another 100 MW of wind projects, much ahead of its due renewal. The contract spans the entire balance life of the wind projects,” the Noida-based firm said. In the afternoon session, shares of Inox Green Energy were trading at ₹160.71 apiece on NSE, gaining 2.86%. Also read: Jaiprakash Associates shares rally for eighth consecutive session, jumps 40% so far this month; here is why Bata India Shares of Bata India tumbled 2.6% on Tuesday, August 12, to an intraday low of ₹1,152.50 apiece on the National Stock Exchange following the company’s disappointing June quarter earnings. The footwear major on Monday reported a 70.13% year-on-year (YoY) decline in its consolidated net profit to ₹52 crore in the June quarter of the 2025-26 financial year. In the corresponding period a year earlier, it had clocked a net profit of ₹174 crore. The profit declined in the face of sluggish consumption momentum during the quarter, Bata stated. Bata's revenue from operations remained fairly stable, falling 0.29% to ₹942 crore during the quarter under review, compared to ₹945 crore in the first quarter of FY25. Last seen, the stock was trading at ₹1,161.40 per share, declining 1.86%. Highway Infrastructure Toll-way collection and infrastructure development and management company Highway Infrastructure Ltd's shares made handsome gains on its listing day. The stock debuted at ₹115 a unit on NSE, a premium of 64.29% over the issue price of ₹70 per unit. It further jumped 5% to its upper circuit limit of ₹120.75. Its market capitalisation stands at ₹866.03 crore. On the BSE, it was listed 67.14% higher at ₹117 a share. Later, it rose another 5% to ₹122.84, its upper limit. The ₹130 crore Highway Infrastructure IPO, which was a fresh issue of ₹97.52 crore and an offer for sale of ₹32.48 crore, had set a price band of ₹65-₹70 per share. The Highway Infrastructure IPO allotment was finalised on August 8. Also read: Hindustan Aeronautics, Bharat Dynamics, Cochin Shipyard: Big day for defence firms today; check details Yatra Online Yatra Online shares were in high demand for the second consecutive session on Tuesday, a day after they got locked in a 20% upper circuit in the previous session. In the last two trading sessions, Yatra Online shares have surged as much as 41% on the BSE to hit an intraday high of ₹134.96. On the NSE, Yatra Online shares have advanced 35% in the last two sessions. Shares of Yatra Online came under buying interest after the company posted its earnings announcement and said that it has signed 34 new customers in the corporate business with an annual billing potential of ₹200 crore. Yatra's net profit in the April-June period surged by four times to ₹16 crore from ₹4 crore in the same period last year on the back of strong performance by hotels and package businesses. Suzlon Energy The renewable energy company trades higher ahead of its June quarter earnings announcement. Last seen, it was up 0.55% at ₹63.67 apiece on NSE. It has touched an intraday high of ₹64.95 per share, rising 2.5% from its previous close. According to a CNBC-TV18 report, Suzlon Energy is expected to see a management shake-up. The company’s Chief Financial Officer (CFO), Himanshu Mody, is expected to resign after four years of joining. The Pune-based firm had reported strong all-around performance in Q4 FY25. The total revenue for the quarter stood at ₹3,825 crore, up by 75% YoY as against ₹2,179 crore in the previous year's similar quarter. The strong growth was largely driven by its core wind turbine business segment, which recorded more than double the revenue for Q4FY25 at ₹3,140 crore as compared to the previous year’s similar quarter. On the operational front, the EBITDA for the quarter also doubled at ₹729 crore as compared to ₹341 crore, and the margins expanded by nearly 350 bps to 19.06% for Q4FY25. Also read: Medi Assist shares zoom 12.5% after 15.67% equity worth ₹578 crore changes hands in block deal HBL Engineering Shares of HBL Engineering surged 4.2% to its intraday high of ₹713 apiece on NSE after the company secured a new order from West Central Railway on Tuesday. The project includes survey, design, supply, installation, testing and commissioning of trackside KAVACH equipment at stations/LC Gates locations, including erection of towers and associated works required for KAVACH in the Kota-Ruthiyai section and the Sogaria-Kota "C" Section (166 Rkm) of the Kota division of the West Central Railway. The total order worth ₹54.12 crore will include 18 stations. The contract is expected to be completed in two years. In the afternoon session, HBL Engineering were trading at ₹706.60 apiece, rising 3.31%.