Apr 27, 2026

Gainers & Losers: Cohance Lifesciences and IndusInd Bank among 9 big movers on Monday

Shivendra Kumar, ETMarkets.com

Newsmakers of D-Street

Domestic stock markets ended higher after strong buying action across the board, triggered bulls. Sectors that saw major action were pharma, IT, auto and metals, helping benchmark indices end their three-session losing streak. While the 50-stock Nifty surged 194.75 points or 0.81% to finish at 24,092.70, Sensex gained 0.83% points or 639.42 points to settle at 77,303.63.Here are 7 stocks that saw action today:

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Cohance Lifesciences:

Shares of Hyderabad-based CDMO player Cohance Lifesciences hit the 20% upper circuit of Rs 432.10 on NSE announcing that former Cipla CEO Umang Vohra will lead the company as Executive Chairman & Group CEO from next month. Vohra succeeds Vivek Sharma, who steps down as Executive Chairman for personal reasons.

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IndusInd Bank:

Shares of IndusInd Bank ended 6% higher at Rs 900.15 on Monday on the NSE after a string of brokerages raised their target prices following Q4 results that signaled the beleaguered lender may finally be turning the corner with profit surging 331% sequentially and asset quality showing the first credible signs of stabilization.

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M&M Financial Services:

Shares of Mahindra & Mahindra Financial Services surged 10% intraday before closing with gains of 8% at Rs 317.70 on the NSE as investors cheered a strong Q4FY26 performance. The NBFC reported a sharp 55% YoY jump in standalone net profit to Rs 873 crore compared to Rs 563 crore a year ago.

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Shyam Metalics:

Shares of Shyam Metalics and Energy surged 10% intraday before closing with 8% gains at Rs 886.15 after Goldman Sachs initiated coverage on the counter with a Buy rating and a target price of Rs 1,065, implying an upside potential of around 30%. It said the company has a unique business model globally, with horizontal exposure across carbon steel, stainless steel and aluminium foil.

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India Cements:

Shares of The India Cements, an UltraTech Cement subsidiary, rallied as much as 10% to their day’s high of Rs 450 on the NSE on Monday after the company’s consolidated March quarter net profit jumped a staggering 300% year-on-year to Rs 60 crore. The stock finally ended at Rs 435.10, gaining Rs 27.40 or 6.72%.

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Sun Pharmaceutical Industries:

Shares of Sun Pharma settled at Rs 1,733.50 on the NSE, rising by Rs 113.10 or 7% after the company informed that it will buy U.S. drugmaker Organon & Co in an all-cash deal valued at about $11.75 billion including debt, for the largest overseas acquisition by an Indian pharmaceutical company.

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Axis Bank:

Shares of private lender Axis Bank tumbled 5% intraday to Rs 1,300 on the NSE before closing with cuts of 3% at Rs 1,324.20 after it reported a standalone net profit of Rs 7,071 crore in Q4FY26, compared with Rs 7,118 crore in the same period last year, reflecting a marginal decline of 0.64%. Interest income for Q4FY26 rose 4.7% YoY to Rs 32,724 crore.

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RBL Bank:

The shares of RBL Bank dropped around 5% on Monday after the bank released its results for Q4FY26, where its net interest margin fell to 4.41%, the lowest in the past five quarters. However, the stock recovered to close at Rs 312.80, still down by Rs 8.60 or 2.68 as its net profit saw a three-fold surge to Rs 230 crore from Rs 69 crore in Q4FY25.

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Shriram Finance:

Shares of Shriram Finance tumbled 3.6% to Rs 974.65 on Monday as the investors were not impressed with the company's 41% YoY surge in its standalone net profit to Rs 3,014 crore in Q4FY26. Top brokerages continue to be bullish with 'Buy' ratings and target prices implying strong upside potential.

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