Published on 06/04/2026 12:54 PM
This 'consensus buy' stock has seen its biggest single-day gain in 17 yearsThe rally was backed by strong volumes. Over 2 crore shares changed hands during Monday's session, significantly higher than the 20-day average of around 14 lakh shares.By Meghna Sen April 6, 2026, 12:54:26 PM IST (Published)2 Min ReadShares of Zydus WellnessLtd. surged as much as 18% on Monday, April 6, bucking the broader market trend, with the Nifty 50 down over 1%, while midcap and smallcap indices traded marginally higher.
This marks the stock's biggest single-day gain in 17 years, last seen in December 2009.
Zydus Wellness is also the top performer on the Nifty 500 index for the day. The stock had earlier recorded a 20% rise on December 1, 2009.
The rally was backed by strong volumes. Over 2 crore shares changed hands during Monday's session, significantly higher than the 20-day average of around 14 lakh shares.
There has been no material announcement from the company to explain the sharp move.
In its December quarter results, Zydus Wellness reported a net loss of ₹40 crore, compared to a net profit of ₹6.4 crore in the year-ago period.
The loss was driven by a sharp rise in expenses, which nearly doubled to ₹1,000 crore from ₹455 crore last year. Advertising and promotion spends nearly tripled, along with a surge in other expenses. The company also reported a one-time impact of ₹6.6 crore due to the new labour code.
Despite the recent weak earnings, sentiment remains positive, with all eight analysts covering the stock maintaining 'buy' ratings.
The stock was trading 17.65% higher at ₹521.25, taking its gains for the year so far to over 12%.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Tagsshare market todayZydus Wellness