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Top Gainers & Losers on Mar 12: Piramal Pharma, Tejas Networks, Apollo Tyres, PG Electroplast among top losers

Analysis of this story by livemint_markets · 12 Mar 2026, 3:40 PM IST (about 2 months ago)

AI Analysis

The broader market decline, especially impacting auto stocks, suggests a risk-off sentiment due to external geopolitical factors. This could lead to a re-evaluation of growth-oriented sectors.

Trading Insight

Maintain a defensive stance; consider short-term hedges or reducing exposure in cyclical sectors like auto until geopolitical stability improves.
Quick check: PIRAMALPH neutral, TEJASNET neutral (-4.7% 1d).

Key Evidence

  • Indian stock market extended losses on March 12.
  • Nifty 50 was down 1% and Sensex down 1.08%.
  • Tensions in the Middle East affected investor sentiment.
  • Auto stocks were particularly impacted.
  • Piramal Pharma, Tejas Networks, Apollo Tyres, PG Electroplast were among top losers.

Affected Stocks

PIRAMALPHPiramal Pharma
Negative

Mentioned as a top loser on March 12.

TEJASNETTejas Networks
Negative

Mentioned as a top loser on March 12.

APOLLOTYREApollo Tyres
Negative

Mentioned as a top loser on March 12, and auto stocks were specifically impacted.

PGELECTROPG Electroplast
Negative

Mentioned as a top loser on March 12.

Sources and updates

Original source: livemint_markets
Published: 12 Mar 2026, 3:40 PM IST
Last updated on Anadi News: 12 Mar 2026, 3:58 PM IST

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