The Indian stock market experienced a bearish day on April 26th, as the Sensex and Nifty indices both closed with losses. The BSE Sensex fell by 609 points, a drop of 0.82%, ending the day at 73,730.16. Similarly, the Nifty 50 index declined by 150 points, or 0.67%, to close at 22,419.95. The day’s trading range showed slight fluctuations, with the Sensex moving between 73,616.65 and 74,515.91, while the Nifty ranged from 22,385.55 to 22,620.40.

While the broader market showed declines, individual sectors and companies provided bright spots. In this article, we focus on the top performers in the stock market after close.

New India Assurance Company Ltd

Despite the broader market downturn, New India Assurance Company Ltd emerged as a top gainer, with its stock price surging by 9.76% to close at Rs 249.05. This significant increase can be attributed to investor optimism around the company’s strong growth prospects and strong fundamentals. Trading volume for the day was notably high, with the price trading between Rs 225.35 and Rs 249.60. With a market capitalization of 401.56 billion INR and a relatively high P/E ratio of 44.03, the company stands out in the insurance sector for its scale and operational excellence.

Glenmark Life Sciences Ltd

Glenmark Life Sciences Ltd also stood out with an 8.46% rise in its stock price, closing at Rs 814.00. The company’s shares hit a daily high of Rs 825.00 after opening at a lower Rs 755.40. This rise reflects continued investor confidence in Glenmark’s business model and growth trajectory in the pharmaceutical sector. With a market capitalization of 99.51 billion INR and a healthy dividend yield of 4.05%, the company continues to attract attention for its financial health and promising outlook.

Zensar Technologies

Zensar Technologies Ltd experienced a commendable upsurge, with its stock increasing by 7.80% to close at Rs 619.50. The company’s performance is indicative of the robust demand for technology services, underscored by a significant daily trading range of Rs 585.20 to Rs 643.70. Zensar’s market capitalization has grown to 140.62 billion INR, supported by a P/E ratio of 23.13, which investors might find attractive given the company’s consistent growth and strategic market positioning.

Westlife Foodworld Ltd

The company behind McDonald’s operations in western and southern India, saw its stock price increase by 6.71%, ending the day at Rs 878.00. This jump is part of a broader trend as consumers continue to show a strong preference for quick-service restaurants. The stock traded between Rs 823.10 and Rs 896.75 throughout the day, reflecting active investor interest. With a sky-high P/E ratio of 155.49, the company’s valuation reflects its growth potential and dominant market position.

Tech Mahindra 

The company also showed strong performance, with its stock price increasing by 7.55%, closing at Rs 1,280.15. This growth is part of a larger trend among IT services companies, which continue to benefit from global digital transformation initiatives. Tech Mahindra’s trading range for the day was between Rs 1,241.00 and Rs 1,347.00, highlighting strong investor interest. With a market cap of 1.25 trillion INR and a dividend yield of 2.19%, the company remains a solid choice for investors looking for stable returns in the IT sector.