Buzzing Stocks: Swiggy shares plunge 14% on Q2 losses; Cyient gains 9% as revenue jumps 25%

Shares of Cyient added 9 percent despite the company reported a 7.3 percent year-on-year decline in consolidated Q2 profit to Rs 132.5 crore, while revenue grew 25.5 percent to Rs 2,235 crore. Colgate-Palmolive India share price declined 4 percent despite the company reported a 4.3 percent year-on-year increase in Q2 profit to Rs 341.6 crore, while revenue grew 12.3 percent to Rs 1,705.8 crore. NLC India share price fell 4 percent after the company signed MoUs with the Industrial Promotion and Investment Corporation of Odisha (IPICOL) to explore coal gasification and synthesis gas production for potential use in the fertiliser sector, along with a beach sand mineral processing facility involving a tentative investment of Rs 2,000 crore.

The company also plans to develop a 3,200 MW ultra-supercritical coal-based thermal power plant in Odisha, entailing a potential investment of Rs 35,000 crore. eMudhra share price fell 1.5 percent after the company's board decided to voluntarily withdraw from the global SSL/TLS certificate business and sharpen its focus on core enterprise solutions and trust services outside the SSL/TLS segment. Cholamandalam Investment and Finance Company share price fell 4 percent after the company's board scheduled a meeting for October 28 to consider raising capital through a qualified institutions placement (QIP) of equity shares and seeking shareholders' approval for the proposed fundraising.

Petronet LNG share price fell 1.5 percent after the company signed a binding term sheet with Gruner Renewable Energy to establish a 50:50 joint venture for setting up 10 compressed biogas (CBG) plants across India. Each plant will have a capacity of 18 metric tonnes per day, with the total investment estimated at Rs 1,200 crore. Investors are expected to remain focused on brokerage calls, block deals, order wins, regulatory developments and other company-specific triggers that could drive stock-level volatility during the session.