PNB Housing Finance, Lemon Tree Hotels Shares Surge on Heavy Volumes: Full List

The Indian equity benchmarks were trading sharply higher in afternoon deals on Tuesday, April 21, ahead of the weekly expiry of NIFTY50 futures and option contracts. This surge was led by gains in heavyweights like HDFC Bank, ICICI Bank, Bajaj Finance, Axis Bank, Bharti Airtel, and Trent. The SENSEX rose as much as 778 points, and the NIFTY50 index touched an intraday high of 24,571, fueled by expectations of successful talks between the United States and Iran to agree on peace in West Asia.

As of 1:38 pm, the SENSEX was up 727 points at 79,247, and the NIFTY50 index advanced 181 points to 24,546.

Here are stocks witnessing heavier than usual trading volumes:

Lemon Tree Hotels: Shares of the hospitality chain operator surged as much as 13.5% to hit an intraday high of ₹128.38 on the National Stock Exchange (NSE) amid a spike in trading activity. Trading volume in the stock jumped by 22 times to 9.69 crore shares compared with an average trading volume of 44.15 lakh shares. On the BSE, as many as 18.78 lakh shares changed hands compared with an average of 2.78 lakh shares traded daily in the past two weeks. The company last week informed exchanges about signing a deal for Lemon Tree Hotel, Garudeshwar, Gujarat, further expanding its presence in the state. With this addition, the company will have 32 properties in Gujarat (11 operational and 21 upcoming), reflecting its focus on building scale across tourism and pilgrimage-driven markets.

PNB Housing Finance: Shares of the mortgage lender jumped as much as 11.05% to hit an intraday high of ₹1,007 after the firm recorded a 14% year-on-year (YoY) rise in the March quarter net profits to ₹648.70 crore, compared to ₹567.11 crore in the same period a year ago, according to an exchange filing. PNB Housing Finance’s revenue from core operations, which includes interest income, rose by 6.8% to ₹2,169.86 crore in the fourth quarter of the year ended 2025-26, compared to ₹2,029.94 crore in the same quarter of the previous fiscal year. The stock was witnessing higher than usual trading activity as volume on the NSE jumped by 11 times to 1.75 crore shares compared with an average of 15.72 lakh shares. On the BSE, a total of 10.08 lakh shares changed hands compared with an average of 35,000 shares traded daily in the past two weeks.

Ramakrishna Forgings: Shares of the auto component maker jumped as much as 7.67% to hit an intraday high of ₹570.55 amid a spike in trading activity. Trading volume jumped by eight times to 28.35 lakh shares compared with an average of 3.48 lakh shares. On the BSE, 47,000 shares changed hands compared with its two-week average of 9,848 shares.

Five Star Business Finance: Shares of the non-banking finance company (NBFC) jumped as much as 12% to hit an intraday high of ₹527.45, mirroring gains in other NBFC shares. The stock witnessed heavier than usual trading activity as volume spiked by eight times to 1.04 crore shares compared with an average of 13.35 lakh shares. On the BSE, a total of 8.59 lakh shares changed hands compared with an average of 87,000 shares traded daily in the past two weeks.

Sobha: Shares of the Bengaluru-based real estate developer advanced as much as 6% to hit a high of ₹1,389.90. Trading volume in the stock jumped 5.2 times to 4.19 lakh shares compared with an average trading volume of 80,707 shares.

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