Synopsis : Indian markets turned negative by midday, but LT Foods, TVS Supply Chain Solutions, Vishal Mega Mart, Hexaware Technologies and Urban Company rallied sharply on heavy volumes, strategic developments, leadership continuity, AI growth plans and FTSE index inclusion.
Indian equity benchmarks slipped into negative territory by midday after giving up their early gains, but several individual stocks continued to see sharp buying interest.
The Nifty was hovering around 24,190, down approximately 0.28%, while the Sensex was near 77,290, lower by around 0.32%.
Despite the broader market weakness, LT Foods, TVS Supply Chain Solutions, Vishal Mega Mart, Hexaware Technologies and Urban Company emerged among the major gainers during the session.
Here’s a look at what triggered the moves.
LT Foods jumps 15% amid massive trading volumes
LT Foods was the biggest mover among the stocks in focus, with its share price jumping around 15% by midday.
The sharp rally was accompanied by unusually heavy trading activity.
Volumes on the NSE surged to nearly 55 times the stock’s average trading volume. More than 2 crore shares were traded during the session, compared with an average daily volume of approximately 4.21 lakh shares.
The unusually high volumes contributed to the sharp movement in the stock, placing LT Foods among the top gainers during the session.
Investors will now be watching whether the increased trading activity continues and whether the rally is supported by further company-specific developments.
TVS Supply Chain Solutions climbs 13.6% on Sankyu partnership
TVS Supply Chain Solutions gained around 13.6% by midday after the company announced a new agreement with Japan-headquartered logistics and engineering company Sankyu Inc.
The partnership triggered strong buying interest in the stock and pushed it among the major gainers during Monday’s trading session.
The agreement highlights TVS Supply Chain Solutions’ efforts to strengthen its business relationships and expand opportunities in the global logistics ecosystem.
The market reacted positively to the development, with investors betting that the collaboration could potentially support the company’s future business growth.
Vishal Mega Mart surges 11.4% after CEO reappointment
Vishal Mega Mart’s share price jumped approximately 11.4% by midday after the company announced the reappointment of Gunender Kapur as Founder, Managing Director and Chief Executive Officer.
His new five-year term will begin on September 1, 2026.
The announcement generated strong buying interest in the stock.
Morgan Stanley also reportedly viewed the extension of Kapur’s tenure as a positive development, adding to investor confidence.
Leadership continuity can be an important factor for companies undergoing expansion, particularly when investors see the existing management team as central to the company’s execution strategy.
The market’s reaction suggests that investors welcomed the decision to retain continuity at the top.
Hexaware Technologies gains 7.7% on ambitious AI growth plans
Hexaware Technologies rose approximately 7.7% by midday, marking its strongest single-day gain of the year.
The rally came after the company outlined its AI-focused growth strategy and announced plans to double revenue to around $3 billion by 2029 from approximately $1.5 billion currently.
The company expects growth to be supported by several areas, including:
- Expansion of AI-related services
- Growth in West Asia
- Opportunities in the technology vertical
- Private equity partnerships
The announcement attracted significant investor interest.
Trading volumes on the NSE were around 12.8 times the average, indicating strong participation in the stock.
The market is increasingly focused on how IT companies can convert AI adoption into actual revenue growth.
For Hexaware, the ability to scale its AI services while expanding into new geographies could become an important part of its long-term growth strategy.
Urban Company rises 6.1% after FTSE index inclusion
Urban Company gained approximately 6.1% by midday after FTSE added the company to three major benchmark indices as part of its latest semi-annual review.
The company is set to be included in:
- FTSE Emerging Markets All Cap Index
- FTSE SmallCap Index
- FTSE Global Total Cap Index
The changes are scheduled to take effect from September 21, 2026, subject to the completion of the review process.
Index inclusion can increase a company’s visibility among institutional investors and may result in additional demand from funds that track or benchmark themselves against those indices.
The announcement therefore triggered buying interest in Urban Company during the session.
Conclusion
While the Nifty and Sensex moved into negative territory, stock-specific developments continued to drive sharp movements across the market.
LT Foods saw the biggest gain, supported by extraordinary trading volumes. TVS Supply Chain Solutions rallied after its partnership with Sankyu Inc., while Vishal Mega Mart gained on management continuity.
Hexaware Technologies attracted buying interest after laying out an ambitious AI-led growth roadmap and a plan to double revenue to around $3 billion by 2029.
Urban Company, meanwhile, benefited from its inclusion in three major FTSE benchmark indices.
The sharp divergence between the broader indices and individual stocks highlights how company-specific announcements, strategic partnerships, management changes, growth targets and index inclusion can continue to drive significant price action even when the overall market is weak.
Disclaimer : This article is for informational and journalistic purposes only and does not constitute investment advice or a recommendation to buy, sell or hold any security. Stock prices can be volatile, and investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.
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