Top Gainers Today 12-Mar-2026: Power, PSU Stocks Surge

Indian benchmark indices closed relatively flat on March 12, 2026, with the Sensex shedding 72 points to 74,029.76 and the Nifty 50 declining 27 points to 22,470.50. However, the session was marked by strong sector-specific momentum, particularly in power and public sector undertaking (PSU) stocks. The Nifty PSE index climbed 1.23%, indicating significant buying interest in government-owned companies, which dominated the top gainers list.

Large Cap Top Gainers

Adani Power Ltd (+7.38%)

Shares of Adani Power surged amid a broad-based rally in the power and energy sector. The stock gained on strong investor interest in power generation companies, driven by expectations of rising energy demand. The significant trading volume of 8.66 crore shares underscores the strong buying momentum.

Coal India Ltd (+5.34%)

Coal India rallied to a new 52-week high of Rs 473.90, propelled by strong performance in the PSU space. As a key player in the energy sector, the company benefited from the positive sentiment sweeping through PSU and power-related stocks. The breakout to a fresh high attracted further technical buying.

Tata Power Company Ltd (+4.44%)

Tata Power shares climbed as part of the sector-wide rally in power stocks. Investors responded positively to the industry's growth prospects, with Tata Power being a key beneficiary due to its integrated presence across the power value chain. The stock saw robust trading volume, reflecting heightened investor confidence.

Mid Cap Top Gainers

NTPC Green Energy Ltd (+12.58%)

NTPC Green Energy shares soared on the back of the strong rally in PSU and renewable energy stocks. As a subsidiary of NTPC, the company attracted significant investor attention, which was reflected in its massive trading volume of over 17 crore shares. The move highlights the market's bullish outlook on the green energy transition.

NLC India Ltd (+6.87%)

NLC India, a government-owned mining and power generation company, gained significantly as part of the broader PSU rally. The stock's rise was supported by the Nifty PSE index's strong performance, drawing investors towards fundamentally sound public sector companies.

Adani Total Gas Ltd (+6.62%)

Adani Total Gas shares jumped, benefiting from dual tailwinds of a rally in Adani Group stocks and positive sentiment in the energy sector. The stock saw high trading volume as investors bought into the gas distribution company amid a favorable sectoral outlook.

Small Cap Top Gainers

C2C Advanced Systems Ltd (+20.00%)

C2C Advanced Systems locked in the 20% upper circuit after a series of major positive announcements. The company revealed multiple order wins, including a contract from the Royal Malaysian Navy and a purchase order for radar display software, alongside a strategic partnership with UK-based ACUA Ocean. These developments triggered a strong positive reaction from investors, leading to a surge in the stock price.

Regaal Resources Ltd (+19.99%)

Regaal Resources hit its 20% upper circuit due to a technical breakout accompanied by exceptionally high trading volume of over 2.12 crore shares. The stock displayed strong momentum, trading above all its key moving averages, which attracted significant buying interest. The company clarified to the exchange that the price movement was market-driven, with no undisclosed price-sensitive information.

Confidence Petroleum India Ltd (+19.97%)

Confidence Petroleum surged to its upper circuit, staging a sharp rebound from its 52-week low. The rally appears to be a technical bounce-back driven by attractive valuations after a period of significant underperformance. Investors reacted to the stock's discounted price, leading to a sharp spike in buying activity and volume.

Market Overview

The Indian stock market ended a volatile session on a subdued note on March 12, 2026. The Sensex closed at 74,029.76, down 0.10%, while the Nifty 50 settled at 22,470.50, a decline of 0.12%. The broader market indices, BSE Midcap and Smallcap, also faced selling pressure, each falling by about 0.5%.

Despite the weakness in headline indices, the day's trading was characterized by a strong sectoral rotation into defensive and value-driven themes. The Nifty PSE index was the standout performer, gaining 1.23%, which fueled a rally in numerous public sector stocks. The Nifty Energy index also saw significant gains, with power generation and distribution companies leading the charge. In contrast, sectors like IT, realty, and media witnessed profit booking, closing in the red.

Explore More Market Movers

Readers can explore the complete list of market movers here:

https://www.multibagg.ai/market-movers/top-gainers