The Indian stock market displayed mixed signals today with the SENSEX slightly up by 0.07% at 74,608.98 and the NIFTY 50 rising by 0.14% to 23,412.60. Despite this, several stocks faced significant declines. Torrent Power, Gujarat State Petronet, and Cohance Lifesciences emerged as the top losers, with Torrent Power experiencing the steepest drop of 8.79%.
Biggest decliners today
Torrent Power led the decliners, with its stock price falling to ₹1,457.10 from an opening of ₹1,538.20. The stock reached a high of ₹1,561.50 but dropped to a low of ₹1,450.00 during the session. Gujarat State Petronet followed, declining by 7.13% to ₹268.35. The stock opened at ₹287.55, with a high of ₹290.00 and a low of ₹257.15. Cohance Lifesciences also saw a notable decrease, slipping 5.85% to ₹456.30, despite reaching a high of ₹474.80 earlier in the day.
Kirloskar Brothers, another significant decliner, saw its stock price fall by 5.68% to ₹1,583.60. The stock opened at ₹1,705.00 and fluctuated between a high of ₹1,719.00 and a low of ₹1,550.10. Sun TV Network also faced a downturn, with its stock dropping 4.86% to ₹532.95 from an opening of ₹560.50.
Sectoral patterns
While the top decliners spanned various sectors, there was a notable presence of companies from the utilities and energy sectors, such as Torrent Power and Gujarat State Petronet. This suggests a sector-specific trend affecting these stocks. Other sectors represented among the losers include pharmaceuticals and media, with companies like Cohance Lifesciences and Sun TV Network experiencing declines.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Torrent Power | 1,538.20 | 1,561.50 | 1,450.00 | 1,457.10 | -8.79% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Cohance Lifesciences | 448.30 | 474.80 | 443.00 | 456.30 | -5.85% |
| Kirloskar Brothers | 1,705.00 | 1,719.00 | 1,550.10 | 1,583.60 | -5.68% |
| Sun TV Network | 560.50 | 560.50 | 530.00 | 532.95 | -4.86% |
| Poly Medicure | 1,685.00 | 1,687.00 | 1,585.10 | 1,597.70 | -4.39% |
| CREDITACCESS GRAMEEN | 1,390.80 | 1,406.90 | 1,330.00 | 1,334.50 | -4.05% |
| BIRLASOFT | 331.60 | 334.75 | 317.45 | 318.70 | -3.89% |
| Vedant Fashions | 461.30 | 461.30 | 438.95 | 442.35 | -3.84% |
| Syrma SGS Technology | 1,075.00 | 1,104.65 | 1,031.00 | 1,035.65 | -3.68% |
What this means for the market
The declines in these stocks, particularly in the utilities and energy sectors, indicate potential sector-specific challenges or market sentiment shifts. Investors may need to watch these sectors closely for further developments. As the session progresses, it will be crucial to monitor whether these trends continue or if there is a recovery in the affected stocks.
Data as on May 13, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.