Top Losers Today 10-Aug-2026: PFC, Bharat Forge

Introduction

Indian equities ended mildly lower on 10 Aug 2026, with the Sensex closing at 78,474.37 after a marginal decline (as per the provided market context). Nifty 50 closing data and the advance-decline ratio were not available in the supplied dataset. The day’s sharpest drawdowns clustered in power and PSU finance names, alongside select cyclicals and small-cap counters that saw gap-down openings and heavy delivery-like volumes. FII and DII flow data was not provided.

Large Cap Top Losers

Power Finance Corporation Ltd (-7.99%) PFC sank as selling intensified across PSU power-finance names, with REC also featuring among mid-cap losers, signalling a sector-led unwind rather than an isolated move. The drop came on very heavy volume (2.97 crore shares), indicating aggressive risk reduction in the theme.

Siemens Energy India Ltd (-2.24%) Siemens Energy India slipped as the stock cooled off from levels closer to its 52-week high, with traders cutting exposure after a strong run-up. The decline played out on active volumes (12.36 lakh), suggesting the move was driven more by positioning than by a fresh corporate trigger in the provided news set.

State Bank of India (-2.19%) SBI declined as banking heavyweights saw profit-taking, dragging the financials pack even as the broader index move was relatively contained. The stock traded 1.83 crore shares, underlining that the weakness was accompanied by sizeable participation.

Lloyds Metals & Energy Ltd (-1.97%) Lloyds Metals fell as metal-linked names faced selling pressure near recent highs, with the stock still not far from its 52-week peak (Rs 2,126.75). The move appeared technical in nature in the absence of a specific catalyst in the supplied database updates.

Canara Bank (-1.71%) Canara Bank eased amid broader PSU bank weakness, with investors trimming positions after prior gains in the theme. The fall came with high volume (2.27 crore shares), pointing to active distribution rather than thin trade.

Mid Cap Top Losers

Bharat Forge Ltd (-7.26%) Bharat Forge dropped sharply as the stock reversed from near its 52-week high zone (Rs 2,293), triggering a momentum-led selloff. The decline was backed by heavy volumes (53.71 lakh), consistent with stop-losses and de-risking after a strong upswing.

NLC India Ltd (-6.16%) NLC India slid on high volumes (91.14 lakh) as selling accelerated in the power and utility space, also reflected in other power-linked names on the losers list. With the stock still well below its 52-week high (Rs 387.70), the move suggested a continuation of the correction rather than a one-off reaction.

REC Ltd (-5.81%) REC fell in tandem with PFC, extending weakness in PSU power financiers as investors cut exposure across the segment in a single session. The stock saw 1.30 crore shares traded, indicating broad participation in the down-move.

Indus Towers Ltd (-4.39%) Indus Towers declined as the stock broke lower on high activity (92.09 lakh shares), pointing to a technical breakdown rather than a news-led move in the provided inputs. The slide also placed it further away from its 52-week high (Rs 481.55), reinforcing the near-term downtrend.

Indo-MIM Ltd (-3.96%) Indo-MIM slipped as traders pared positions after the stock failed to sustain near the upper end of its recent range (52-week high Rs 908.80). The fall on 20.78 lakh shares indicated active selling pressure rather than a low-liquidity dip.

Small Cap Top Losers

Ashapura Minechem Ltd (-12.49%) Ashapura Minechem tumbled after the company published a newspaper extract of its unaudited financial results for the quarter ended 30 June 2026 as part of its regulatory filing (Regulation 30, LODR). The stock’s gap-down trade and elevated volatility (as highlighted in the provided context) indicated that investors used the results-linked update as a trigger to reset positions.

PTC India Ltd (-12.36%) PTC India fell sharply as the stock traded ex-dividend on 10 Aug 2026, with market data in the provided context referencing an interim dividend of Rs 23 per share, which typically leads to a mechanical price adjustment on the ex-date. The decline was accompanied by strong volumes (43.84 lakh), suggesting additional selling beyond the dividend adjustment.

Raymond Realty Ltd (-12.06%) Raymond Realty slid after a sharp gap-down open pushed the stock towards the day’s lower band zone (lower circuit level referenced in the supplied context), triggering momentum selling. With no specific corporate update provided, the move appears driven by technical breakdown and profit-taking after a prior run-up, amplified by 18.97 lakh shares traded.

Atul Auto Ltd (-11.75%) Atul Auto dropped despite reporting Q1 FY2026-27 growth, including standalone revenue of Rs 206.93 crore and PAT of Rs 6.74 crore, while three-wheeler sales rose about 42% YoY to 9,878 units (as per the company’s results update dated 08 Aug). The selloff suggests traders booked profits or reacted to details within the numbers after the event, with 11.41 lakh shares changing hands during the decline.

Ambika Cotton Mills Ltd (-11.65%) Ambika Cotton Mills fell even as market reports in the provided context pointed to a strong Q1 showing, with profit up 61.4% YoY to Rs 25.7 crore and revenue up 34.3% to Rs 257.9 crore. The sharp drop on relatively low volume (1.80 lakh) indicates a price-led reset, likely driven by valuation-sensitive selling after a strong run into results.

Market Overview

The Sensex ended at 78,474.37, down marginally on the day based on the supplied market context, while stock-specific drawdowns were far sharper in several counters. The session’s biggest pressure points were PSU power-finance and power-linked names, reflected in steep declines in PFC, REC, NLC India and PTC India.

Sector cues in the provided dataset also showed weakness in utilities, with the BSE Utilities index down 0.47% at the time referenced in the PTC India context. In small caps, the size of the cuts and gap-down patterns suggested technical selling and event-driven adjustments, including ex-dividend pricing (PTC India) and post-results repositioning (Ashapura Minechem, Atul Auto).

FII and DII net activity, Nifty 50 close, and advance-decline data were not available in the inputs provided for this report.

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