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TARIL

TARIL, Lemon Tree, JK Cement Shares Surge Amid PM-DHARA Approval and Market Volatility

On Thursday, October 1, trading volume in TARIL shares surged 47 times to 3.65 crore shares, compared with an average volume of 7.79 lakh shares on the National Stock Exchange (NSE). The stock rose 11% to an intraday high of ₹298.70 in a session otherwise weak for the market. The rally followed the Union Cabinet’s approval of the ₹1.86 lakh crore PM‑DHARA Scheme, which aims to strengthen intra‑state transmission and deploy 50 GWh of battery storage to evacuate 135 GW of renewable energy, supporting India’s 500 GW renewable target by 2030.

The Indian equity benchmarks nosedived in noon deals on the same day, with the SENSEX falling as much as 952 points and the NIFTY50 breaking below 22,500, touching an intraday low of 22,301. By 1:00 pm, the SENSEX was down 774 points at 71,707 and the NIFTY50 had declined 250 points to 22,370. Losses in index heavyweights such as Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, ITC, Maruti Suzuki and Tata Steel dragged the indices down.

Lemon Tree Hotels shares advanced 7% to an intraday high of ₹111.60, mirroring gains in other hotel shares ahead of the wedding season. Trading volume rose 12.3 times to 2.53 crore shares, compared with an average of 20.51 lakh shares on the NSE. JK Cement shares declined as much as 3.24% to an intraday low of ₹4,910 amid a spike in volumes; trading volume jumped 7.4 times to 3.19 lakh shares, compared with an average of 43,249 shares on the NSE. On the BSE, 34,000 shares changed hands versus an average of 7,508 shares traded daily in the past two weeks.

Welspun Living shares advanced as much as 7.6% to an intraday high of ₹245 amid a spike in trading activity. Trading volume jumped 4.9 times to 1.65 crore shares, compared with an average of 33.47 lakh shares on the NSE. On the BSE, 10.98 lakh shares changed hands compared with an average of 3.86 lakh shares traded daily in the past two weeks. Bajaj Auto shares dropped 8.88% to an intraday low of ₹9,895.40 after its sales declined 12% year‑on‑year to 2,39,771 units in September 2026, compared with 2,73,188 units in the same period last year.

While domestic sales for two‑wheelers declined, Bajaj Auto’s export volumes gained 34% to 2,11,723 units from 1,57,665 units, supporting the overall total sales increase. In the commercial vehicles segment, total sales increased to 86,949 units for September 2026, compared with 79,651 units in September 2025. Trading volume spiked 4.4 times to 11.59 lakh shares, compared with an average volume of 2.62 lakh shares on the NSE. The article is for informational purposes only and does not constitute investment advice.