Cello World, Star Health, HEG Advanced Materials Shares Surge Amid Volume Spike
On Tuesday, October 6, trading volume in Cello World shares surged 22 times to 81.7 lakh shares, compared with an average volume of 3.65 lakh shares on the National Stock Exchange. The houseware products maker’s shares rose as much as 14% to an intraday high of ₹388 amid the spike in trading activity. As many as 7.94 lakh shares changed hands on the BSE, compared with an average of 36,000 shares traded daily in the past two weeks. The surge coincided with a broader market rally as crude oil prices fell below $100 per barrel.
The Indian equity benchmarks extended gains in afternoon deals, with the SENSEX rising as much as 601 points and the NIFTY50 index touching an intraday high of 22,732. Heavyweights such as Reliance Industries, Kotak Mahindra Bank, Trent, Axis Bank, Bharti Airtel, ICICI Bank and Hindustan Unilever led the gains. As of 2:15 pm, the SENSEX was up 570 points at 72,952 and the NIFTY50 index advanced 166 points to 22,720.
Trent, the Tata Group‑owned retail chain operator, saw its shares climb as much as 13% to an intraday high of ₹2,914.55 after reporting a strong business update for the September quarter (Q2 FY27). In its provisional update, the company said its standalone revenue from operations, excluding GST, rose 23% year‑on‑year to ₹5,788 crore in Q2 FY27, compared with ₹4,724 crore a year ago. Revenue from merchandise sales, excluding other operating income, also grew 23% during the quarter. Trading volume jumped 5.8 times to 54 lakh shares, compared with an average volume of 9.34 lakh shares.
HEG Advanced Materials, a graphite electrodes maker, saw its shares rise 9.42% to an intraday high of ₹256 amid a spike in trading activity. Trading volume on the NSE jumped 41.44 lakh shares compared with an average volume of 9.8 lakh shares. A total of 3.5 lakh shares changed hands on the BSE, compared with an average of 1.39 lakh shares traded daily in the past two weeks.
Honasa Consumer, the operator of Mamaearth, advanced as much as 11.6% to an intraday high of ₹492.90 after announcing expectations of another robust quarter. The company said it expects net sales value growth in the early thirties, underpinned by broad‑based traction in focus categories across brands. It also expects high‑teens year‑on‑year growth during the quarter, supported by rising brand affinity and a widening offline footprint. Trading volume jumped four times to 2.15 crore shares, compared with an average volume of 53.34 lakh shares.