On Wednesday, October 28, the Indian equity benchmarks displayed a partial recovery in noon deals, with the SENSEX falling 278 points to 73,320 and the NIFTY50 gaining 22 points to 22,727. Gains were led by Larsen & Toubro, HDFC Bank, State Bank of India, Axis Bank and Mahindra & Mahindra, while the market remained in negative territory due to weakness in Reliance Industries, Infosys, Bharti Airtel, ICICI Bank and TCS. Trading activity was notably heavy, with Piramal Pharma, United Breweries and Syngene among the most active stocks, each experiencing trading volumes far above their averages on the National Stock Exchange.

Piramal Pharma, a Mumbai‑based drugmaker, saw its shares climb as much as 18% to a fresh 52‑week high of ₹234.35, following a return to profit in the July‑September quarter. The company posted a net profit of ₹6 crore for Q2 FY27, compared with a net loss of ₹99 crore in the same period a year earlier. Revenue from operations rose 28% to ₹2,617 crore YoY, driven by strong performance across all three businesses. Trading volume surged 37.5 times to 9.61 crore shares, against an average of 25.62 lakh shares on the NSE.

United Breweries, the Kingfisher beer maker, advanced 15% to an intraday high of ₹1,316 after reporting a net profit of ₹136 crore in the second quarter of the current financial year, up 190% from ₹47 crore in the same period last year. Revenue from operations increased 24% to ₹4,621 crore, compared with ₹3,736 crore YoY. Earnings before interest, taxes, depreciation and amortisation (EBITDA) doubled to ₹260 crore from ₹130 crore. Trading volume spiked 35.2 times to 39.77 lakh shares, versus an average of 1.13 lakh shares on the NSE.

Syngene International, a pharma research company, saw its shares rise 12% to ₹412.35 amid a spike in trading activity. Trading volume jumped 17 times to 1.15 crore shares, compared with an average of 6.77 lakh shares. On the BSE, 8.91 lakh shares changed hands, up from an average of 1.37 lakh shares traded daily over the past two weeks.

AWL Agri Business, formerly Adani Wilmar, experienced a decline, dropping as much as 9.5% to a fresh 52‑week low of ₹159.65 after reporting a net profit of ₹239 crore for July‑September, down 2.3% from ₹245 crore YoY. The decline was attributed to higher expenses and a one‑time tax expense, including a minimum corporate tax on revenue from a Bangladesh subsidiary. Trading volume jumped 8.3 times to 97.67 lakh shares, against an average of 11.79 lakh shares.

PG Electroplast, an electronics manufacturing services company, advanced 8.65% to ₹543.25 after reporting a fourfold jump in net profit for Q2 FY27. The company posted a consolidated net profit of ₹14 crore, up 353% from ₹3 crore a year earlier. Revenue from operations rose 43% to ₹934 crore from ₹655 crore YoY. Trading volume increased 7.1 times to 1.03 crore shares, compared with an average of 14.48 lakh shares.