Top Buzzing Stocks Today: ITC, Dixon Tech, IndusInd Bank, and More - Read Now 

The few that emerged as the glittering stocks as the domestic equity market suffered a heavy bruising on Friday, 25th of October, were buzzing amid a wave of quarterly earnings and heavy profit-booking. At midday, BSE SENSEX fell by 726.44 points to 79,338.72 and NSE NIFTY50 fell by 264 points to 24,135.55, symbolizing a weak day for India's stock market.

Dixon Tech shares plummet despite the company reporting strong Q2 Profit
Shares of Dixon Technologies plunged as much as 13.23% before closing at ₹13,062.30 on the BSE after the company reported a net profit, which increased threefold from Q2 FY25 to ₹411.7 crore, buoyed by wholesome growth of its Mobile and EMS Division. While this has been a good Q2, profit booking on a 100% gain in the YTD period in a bid to increase on recent highs has warranted this drop in the stock.

IndusInd Bank Stock Drops After Weak Q2 Results
IndusInd Bank dived 17.8% to ₹1,052.05, after the bank released poor Q2 numbers. Its provisions and contingencies jumped 87% YoY to ₹1,820 crore and weighed significantly on investor confidence. This is where the significant downhill march of IndusInd Bank's stock shows the market's anxiety over the spiking provisions and its inability to deliver steady profit growth.

ITC ticks up even as FMCG Sector Falters
ITC was notable in an otherwise dull FMCG sector and its shares soared 4.6% to ₹493.50 on the NSE. The company reported a 1.8% YoY rise in consolidated net profit at ₹5,054.43 crore for the September quarter. ITC's performance stood out in contrast to HUL and Nestle India, which have shown weaker Q2 earnings. Growth was underpinned by solid performance in FMCG and hotel segments, driving market confidence in ITC.

PNB Housing Finance and Bikaji Foods End at Well-Positive Values 
PNB Housing Finance was found trading 4 per cent higher at ₹970 per share after reporting a 22.6 per cent rise in its Q2 net profit to ₹469.68 crores. The strong financials meant the stock was gaining heavily as investors positively reacted to the company's performances.

Bikaji Foods rose nearly 4% to ₹867.55 after the firm announced a rise of 14.72% in consolidated net profit at ₹68.58 crore. Demand for snacks and packaged sweets picked up over the festive season, driving growth for this firm into investor's radars.

Laurus Labs and Glenmark Life Sciences Expected to Have Mixed Results
Shares of Laurus Labs jumped over 6 per cent as the stock rose to ₹473.90 yesterday, on a day when the drug major's Q2 net profit declined to ₹19.8 crore or 46.5% less than the previous year. Optimism regarding the overall market opportunities that the company presents could be one of the reasons for the rising stock price.

Meanwhile, Glenmark Life Sciences fell 10% as the stock traded at ₹937 on the BSE. In comparison, the pharmaceutical company saw its net profit dive 20% YoY following a stoppage for some time in its manufacturing facility at Gujarat.

Also Read: ITC Stock Jumps Nearly 5% After Q2 Earnings: Should You Buy? - All You Have To Know