Top Gainers & Losers: Stocks that moved the most on July 29

Indian stock markets saw sharp ups and downs in today's trading session. After hovering in the deep red, benchmark indices rebounded strongly, closing in the green. Sensex gained nearly 447 points (0.55 percent) to end the session at 81,337.95. Nifty 50 meanwhile rose 140 points (0.57 percent) to 24,821.

Shares of private lender IndusInd Bank gained 2% intraday after it reported better-than-expected results for the first quarter. The lender reported a 68 percent decline in standalone net profit at Rs 684 crore, hurt by a decline in loans and a rise in provisions for potential bad loans. On a consolidated basis, net profit fell 72 percent year-over-year to Rs 604 crore.

Waaree Energies shares jumped 5% intraday after the firm reported a consolidated net profit of Rs 745 crore for the quarter ended June 30, 2025. This marks a 89 percent on-year jump from the Rs 394 crore consolidated net profit reported in the year-ago period. The firm's revenue from operations rose 30 percent on-year to Rs 4,426 crore in Q1FY26 as against Rs 3,409 crore in Q1FY25. Further, the company's board approved capex of Rs 2,754 crore to set up two plants.

The shares of Focus Lighting and Fixtures jumped 5 percent to hit the upper circuit on July 29. This comes after a report said that Panasonic is in talks to acquire a controlling stake in the NSE-listed light fittings-maker for nearly Rs 526 crore. Japan-headquartered Panasonic is planning to acquire the entire 55 percent shareholding of the firm's promoters, The Economic Times reported citing people familiar with the matter. The remaining 45 percent stake is owned by the public.

Adani Power shares rose nearly 4% after the Adani Group company said its board will mull stock split on August 1. Adani Power will also declare its June quarter results on August 1.

Paradeep Phosphates shares rallied 14% intraday after the company reported a net profit of Rs 256 crore for Q1 FY26. This marks a whopping 4,656 percent on-year rise from the Rs 5.38 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose around 58 percent on-year to Rs 3,754 crore in the April June quarter of financial year 2026. The company had earlier reported revenue from operations at Rs 2,377 crore in the year-ago period.

Shares of Bharat Electronics fell 3% intraday after the company's profit jumped 25 percent year-on-year, but witnessed a sequential decline. The state-run defence electronics firm reported a standalone net profit of Rs 969.13 crore for the quarter ended June 2025, up 25 percent from Rs 776.14 crore a year ago. Revenue from operations also edged higher by 5.2 percent to Rs 4,416.83 crore compared to Rs 4,198.77 crore in the same period last year. The stock later recovered all losses to close in the green.

Mazagon Dock Shipbuilders shares dropped  5% intraday after the company reported a net profit of Rs 452 crore for the first quarter of the financial year 2026. This marks a decline of around 35 percent on-year from the Rs 696 crore net profit reported in the corresponding quarter of the previous financial year. Sequentially, the firm's net profit rose nearly 39 percent quarter-on-quarter from the Rs 325 crore reported in Q4 FY25.

Paras Defence shares dropped nearly 6% intraday to trade at Rs 664 apiece. This comes a day after the stock dropped 10 percent to remain locked the lower circuit after releasing its results for the first quarter of the financial year 2026. The company's net profit rose marginally on-year, but fell nearly 25 percent sequentially to Rs 14.87 crore during the quarter under review.