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Amidst the ups and downs in the Indian stock market, tremendous action is being seen in some selected stocks today. Investors’ focus remained on stock-specific activities in the session of Wednesday October 14, where many stocks were running like rockets with high volumes. In this era of boom IDBI Bank, Quick Heal Technologies And Transformers & Rectifiers An impressive rise of 15% to 17% has been recorded in its shares. Let us know what is the real reason behind this sudden rise in these big stocks.
Transformers & Rectifiers: Shares rise by 17% due to excellent quarterly results
There was a huge rush of buyers in the shares of Transformers and Rectifiers today, due to which the shares jumped from the previous closing level of Rs 304. Rs 355 Reached the level of. Close to stock like this Tremendous increase of 17% Has been registered.
The September quarter financial results recently released by the company have been excellent. The company has informed that in the second quarter of the current financial year, its total revenue has increased by almost 61% on an annual basis to ₹ 739.44 crore. Apart from this, the net profit of the company has also increased to ₹79.8 crore. The strong order book and better operational performance of the company have supported the strong buying sentiment in this stock.
IDBI Bank: Shares rise by more than 11% amid news of privatization
Included in BSE 200 index IDBI Bank Today, due to strong buying, a rise of about 13% has been seen in the shares. Shares rose from the previous closing price of Rs 82.92. Rs 93.62 Touched the upper level of. It is worth noting that this stock had reached the level of Rs 95 in the month of August, after which it was going through a period of sluggishness and decline.
However, behind the sudden high volume of buying today are the news floating in the market, according to which the government may soon make a big announcement regarding the process of bank privatization and selling its stake. Although, these news have not been officially confirmed yet, but the enthusiasm of investors on this stock is clearly visible.
Quick Heal Technologies: Stock regains its glory after huge fall
facing constant lethargy Quick Heals Technologies Strong action has also been seen in the shares today. In early trade itself this share increased from the previous closing level of Rs 136. Rs 157 Reached the upper level of Rs., due to which it registered a gain of more than 15%.
It is noteworthy that this stock was under pressure for some time and till now in the year 2026, it had fallen by about 42% and by 50% in a year. The stock was trading around its yearly low of Rs 125 made on March 30, while it was at a high of Rs 371 a year ago. This sudden rise today has given a sigh of relief to the investors.