Six Trending Stocks At Noon: KPI Green, Swiggy, Cummins, And More

Indian equity benchmark indices were trading lower around midday on Thursday.

The NSE Nifty 50 was down 0.4% at 23,602.30, while the BSE Sensex was 0.43% lower at 77,927.05 as of 12:51 p.m.

Several stocks made significant moves after releasing their third quarter results the previous day and due to business announcements. Here’s a look at six stocks making headlines at noon.

KPI Green Energy Ltd.’s share price surged by 5% to hit the upper circuit limit on Thursday, following the announcement of its third-quarter earnings. The company’s financial performance for the third quarter registered year-on-year growth. KPI Green Energy reported an increase in revenue, which rose by 38.8% to Rs 458 crore from Rs 330 crore. The growth reflected the company’s strong market presence and effective business strategies.

Swiggy Ltd.'s share price declined by 7.85%, as the company’s loss during the third quarter of the financial year ending March 2025 widened from the preceding quarter.

The consolidated net loss for the restaurant-to-quick-commerce aggregator came in at Rs 799.08 crore in the October-December period, compared to a loss of Rs 625.53 crore in the July-September quarter.

Analysts tracked by Bloomberg had expected the company to post a loss of Rs 620 crore.

Cummins India Ltd.'s share price jumped over 5% on Thursday, after it reported revenue and Ebitda growth in the third quarter of fiscal 2025. The company’s revenue rose by 21.8% to Rs 3,096 crore from Rs 2,541 crore. Its Ebitda also saw a positive uptick, increasing by 10.1% to Rs 598 crore from Rs 543 crore.

Info Edge Ltd.'s share price extended gains after posting third-quarter earnings. Based on these results, two brokerages have raised its target price, due to strong margin improvement expectations.

Info Edge’s share price rose by 3.48% during the day.

Shares of Page Industries fell nearly 5% on Thursday, after both Macquarie and Citi took a cautious stance even as the company’s margin surpassed guidance in the third quarter.

The company’s Ebitda margin stood at 23% in the October-December period, compared to an initial guidance of 19-21%.

Shares of Oil and Natural Gas Corp. declined as the day marks the last session for investors to buy shares to qualify for receiving interim dividends before the stock goes ex/record-trade.

Last week, ONGC announced its second interim dividend of Rs 5 per share for the current financial year. The company has set Feb. 7 as the record date for the dividend.