Top Losers Today 08-Nov-2026: Small Caps Lead Declines
Key highlights
- Ovobel Foods fell 19.99% to Rs. 235.55 after its September-quarter results disclosure.
- Pashupati Cotspin and Purple United Sales both closed at their 10.00% lower limits.
- Indo Borax reported Q2 net profit of Rs. 11.47 crore, down 28.71% year on year, and fell 8.73%.
- Nifty 50 closed 0.18% lower at 24,986.40 while Sensex slipped 0.04% to 80,999.40.
powered by IRIS

India's top losers on 08-Nov-2026 were led by Ovobel Foods Ltd, which fell 19.99% to Rs. 235.55, while the Nifty 50 declined 0.18% to 24,986.40 and the Sensex slipped 0.04% to 80,999.40 in the special Muhurat session. Financials, realty and several small-cap event-driven names featured among the declines; advance-decline and FII-DII data were not provided.
Which Large Cap Top Losers fell today?
The large-cap losers were led by Tata Capital Ltd, down 1.62%, while financial-services and realty stocks faced pressure in the shortened session.
Tata Capital (-1.62%)
Tata Capital declined as financial-services stocks were marginally lower during the cautious Muhurat session. No company-specific announcement was provided, leaving the 5.07 lakh-share volume and the broader financial-sector weakness as the available explanation for the move.
Lodha Developers (-1.51%)
Lodha Developers fell alongside the Nifty Realty index, which was down 0.27% during the session. The stock closed at Rs. 1,170.10, still below its 52-week high of Rs. 1,344, and no separate company event was supplied.
LTM (-1.29%)
LTM slipped Rs. 56.10 in a market that ended its seven-session winning run amid weak global sentiment. No company-specific catalyst was disclosed, and the move occurred on 18.66 thousand shares, with the stock remaining well below its Rs. 6,430 52-week high.
SBI Life (-1.12%)
SBI Life declined as financial-services stocks were marginally lower in the special session. No fresh company news was provided, while trading volume of 81.34 thousand shares showed the move was not accompanied by an unusually large reported turnover.
Cholamandalam (-1.00%)
Cholamandalam fell with the softer financial-services segment after the benchmark indices reversed from their seven-day rally. No company-specific filing or results trigger was supplied; the stock traded 57.96 thousand shares and remained below its Rs. 1,952 52-week high.
Which Mid Cap Top Losers fell today?
Sai Life Sciences Ltd led the mid-cap declines, falling 2.25%, as the broader market closed modestly lower and investors remained selective.
Sai Life Sciences (-2.25%)
Sai Life Sciences was the largest mid-cap decliner, falling Rs. 40.10 to Rs. 1,744.90 in the risk-off close. No company-specific news was supplied, but 3.22 lakh shares changed hands as the stock moved away from its Rs. 1,815.55 52-week high.
Sterlite Technologies (-1.84%)
Sterlite Technologies fell 1.84% on volume of 19.39 lakh shares, the highest reported turnover among the mid-cap names listed. With no fresh filing or corporate event provided, the elevated activity and the stock's position below its Rs. 1,054.45 52-week high point to technical selling rather than a disclosed fundamental trigger.
Gujarat Fluorochemicals (-1.56%)
Gujarat Fluorochemicals declined Rs. 72.65 to Rs. 4,585.00, despite chemicals being marginally positive in the available sector data. No company-specific catalyst was disclosed, making the stock-specific price retracement from its Rs. 4,959.45 52-week high the available explanation.
Balkrishna Industries (-1.53%)
Balkrishna Industries fell 1.53% in the selective market session, even as the available sector snapshot showed auto stocks higher. No fresh results, order or regulatory development was provided, and the stock traded 21.13 thousand shares below its Rs. 2,775 52-week high.
Bank of Maharashtra (-1.53%)
Bank of Maharashtra fell Rs. 1.33 as the Nifty PSU Bank index was marginally lower during Muhurat trading. No bank-specific development was supplied, while volume of 44.38 lakh shares indicates active trading in the session.
Got a follow-up? Ask IRIS
Which Small Cap Top Losers fell today?
Ovobel Foods Ltd led small-cap losses with a 19.99% fall after its September-quarter results disclosure, while Pashupati Cotspin Ltd and Purple United Sales Ltd each hit their 10% session limit.
Ovobel Foods (-19.99%)
Ovobel Foods plunged after it disclosed unaudited results for the September 2026 quarter, approved by its board on 6 November. The supplied results announcement contains no financial figures, but the stock closed at its session low of Rs. 235.55 on 90.92 thousand shares, indicating a sharp negative reaction after the disclosure.
Pashupati Cotspin (-10.00%)
Pashupati Cotspin hit the 10% lower limit after reported net profit fell 34%, according to the supplied market context. The fall extended a run of consecutive 10% declines recorded on 4, 5 and 6 November, taking the share to Rs. 97.65 on 41.03 thousand shares.
Purple United Sales (-10.00%)
Purple United Sales hit its 10% lower limit after its board approved unaudited half-year results and authorised issuance of up to Rs. 25 crore of non-convertible debentures through private placement. The supplied disclosure does not provide earnings figures, but the financing decision and results update preceded the decline to Rs. 413.70 on 48 thousand shares.
Indo Borax & Chemicals (-8.73%)
Indo Borax fell after approving its September-quarter and half-year results, with reported standalone Q2 net profit down 28.71% to Rs. 11.47 crore from Rs. 16.09 crore a year earlier. Investors reacted to the earnings contraction by pushing the stock down Rs. 37.10 to Rs. 388.00, with 1.27 lakh shares traded.
TechD Cybersecurity (-8.16%)
TechD Cybersecurity declined without a fresh company announcement in the supplied information, opening at Rs. 554 against a previous close of Rs. 552.50 before falling as low as Rs. 500. Technical selling accelerated after that intraday breakdown, with 32.10 thousand shares traded and the stock ending far below its Rs. 804.90 52-week high.
What was the market overview for 08-Nov-2026?
The Nifty 50 closed 43 points, or 0.18%, lower at 24,986.40, slipping below 25,000, while the Sensex lost 28.62 points, or 0.04%, to 80,999.40. The one-hour Muhurat session ended a seven-session winning streak as investors adopted a selective, defensive approach amid weak global sentiment and concern over the durability of foreign inflows.
Sector performance was mixed. Media, pharma and healthcare led gains during the session, while realty, IT, financial services and PSU banks were lower or marginally lower. The available context also showed India VIX up 4.96% to 18.33, underscoring greater uncertainty despite the traditionally symbolic Diwali trading session.
FII and DII transaction figures and an advance-decline ratio were not provided. Cooling crude prices, renewed foreign buying and better-than-expected corporate earnings were cited as broader supportive factors for the new Samvat, but they did not prevent profit-taking in selected financial, realty and small-cap stocks.
Where can readers explore more Top Losers?
Readers can explore the complete list of market movers here:
https://www.multibagg.ai/market-movers/top-gainers
Conclusion
The day's losers show that stock-specific disclosures and earnings mattered more than the modest index decline in Muhurat trading. Ovobel Foods, Pashupati Cotspin, Purple United Sales, Indo Borax and TechD Cybersecurity accounted for the sharpest falls, with results-related selling, a profit decline, a debt-issuance approval, and technical breakdowns driving the moves.
Investors should next track the detailed September-quarter financial statements of Ovobel Foods and Purple United Sales, including any management commentary not included in the supplied disclosures. For Indo Borax, the focus will be whether the Q2 profit contraction persists, while Pashupati Cotspin's ability to stabilise after repeated 10% declines and TechD Cybersecurity's performance around its Rs. 500 intraday low remain key near-term indicators.


