Wockhardt, CP Plus and Thermax Lead Gainers While BDL and GESHIP Drag: Top Movers in Nifty 500

Indian equity benchmarks traded slightly higher on Friday as gains in IT stocks supported sentiment, while investors remained cautious due to lingering Middle East tensions. The Nifty 50 rose 0.13% to 23,935.45, while the Sensex gained 0.24% to 76,053.64. However, the broader Nifty 500 index slipped 0.26%, reflecting stock-specific action driven by earnings, regulatory approvals and profit booking.

Wockhardt Share Price Surges on Drug Approval

Pharmaceutical company Wockhardt was among the top gainers in the Nifty 500, with the stock jumping nearly 12% alongside strong trading volumes.

Wockhardt is a pharmaceutical and biotechnology company focused on medicines, vaccines and advanced antibiotics.

The rally came after the Indian drug regulator approved its antibiotic ZAYNICH for the treatment of complicated urinary tract infections. Investor sentiment was also boosted by strong Q4FY26 earnings.

Revenue rose 30% year-on-year to ₹965 crore, while EBITDA surged 147% to ₹196 crore with margins at 20.3%. The company posted a net profit of ₹164 crore against a loss of ₹45 crore last year. For FY26, net profit stood at ₹199 crore compared to a loss of ₹57 crore in FY25.

CP Plus Shares Rally After Strong Q4 Earnings

Shares of Aditya Infotech, which operates under the CP Plus brand, gained around 10% after reporting robust quarterly earnings and upgrading FY27 guidance.

CP Plus is a surveillance and security solutions company manufacturing CCTV cameras and monitoring systems.

The company reported a 46% jump in Q4FY26 revenue to ₹1,422 crore. EBITDA surged 162% to ₹258 crore, while adjusted net profit climbed 208% to ₹169 crore.

The company also raised its FY27 revenue guidance to ₹6,000–6,500 crore from ₹5,350–5,550 crore earlier. Improved margin guidance and strong business growth further supported the rally in the stock.

Thermax Gains on Healthy Earnings and Order Book

Thermax shares surged around 8% after the company posted healthy quarterly earnings and strong order execution.

Thermax provides industrial energy, environment and water treatment solutions.

Q4FY26 revenue increased 13% year-on-year to ₹3,428 crore, while net profit rose 18% to ₹244 crore. The company ended FY26 with an order backlog of ₹13,604 crore, improving visibility for future growth.

Strong order inflows and better execution drove buying interest in the stock despite modest full-year revenue growth.

Bharat Dynamics Slides After Weak Results

Defence PSU Bharat Dynamics (BDL) fell more than 7% after reporting weak quarterly earnings.

Bharat Dynamics manufactures missiles, ammunition and defence systems for the Indian armed forces.

The company’s Q4FY26 net profit declined 58.5% year-on-year to ₹113 crore from ₹273 crore a year ago. Weak profitability and brokerage downgrades weighed heavily on investor sentiment, leading to sharp selling in the stock.

Great Eastern Shipping Falls on Profit Booking

Great Eastern Shipping (GESHIP) declined over 6% during Friday’s trade.

The company is engaged in crude oil transportation, dry bulk shipping and offshore energy services.

There was no major company-specific trigger behind the decline. Market participants attributed the fall largely to profit booking after the stock’s recent rally and strong gains in shipping stocks over the past few months.

Schneider Electric Infrastructure Under Pressure

Schneider Electric Infrastructure slipped nearly 5% and featured among the top losers in the Nifty 500.

The company provides electrical distribution and energy management solutions.

No major corporate announcement was reported behind the decline. The stock movement appeared to be driven mainly by market forces and profit booking after recent gains.

Overall, Friday’s market action highlighted strong stock-specific moves driven by earnings, guidance upgrades and regulatory developments, even as benchmark indices remained range-bound amid global uncertainty.