Top Losers Today 12-Nov-2026: Page Industries Falls 12.19%

Page Industries Ltd led the top losers on 12 November 2026, falling 12.19% to Rs. 32,059.50 after Q2 FY27 margin compression outweighed 11.5% revenue growth. The Nifty 50 and Sensex opened lower but recovered intraday, while auto, IT and pharma stocks were under pressure and FIIs had invested Rs. 60,698 crore net in equities during November's first 11 days.

Which large-cap stocks were the top losers today?

Oil & Natural Gas Corpn Ltd was the largest large-cap decliner, while auto-linked and defence names also featured among the five losers.

Oil & Natural Gas Corpn Ltd (-4.36%)

Oil & Natural Gas Corpn Ltd declined as oil and gas stocks faced pressure while crude traded around $91 a barrel. The stock's 2.57 crore-share volume was the highest in this large-cap list, indicating a broad reduction in exposure; no company-specific announcement was supplied.

Hindustan Unilever Ltd (-2.92%)

Hindustan Unilever Ltd fell amid weakness in FMCG, with the Nifty FMCG index quoted down 0.74% in the supplied market context. The stock closed at Rs. 1,961.10, and no fresh company-specific catalyst was disclosed in the input.

Hyundai Motor India Ltd (-2.50%)

Hyundai Motor India Ltd declined in a session where the Nifty Auto index was down 1.02%. The sector move provides the disclosed catalyst, with investors cutting auto exposure as the company fell to Rs. 2,106.00.

Samvardhana Motherson International Ltd (-2.45%)

Samvardhana Motherson International Ltd fell alongside the auto sector, reflecting its automotive-component exposure. The Nifty Auto index's 1.02% decline and heavy volume of 1.81 crore shares point to sector-led selling rather than a disclosed company announcement.

Hindustan Aeronautics Ltd (-2.10%)

Hindustan Aeronautics Ltd slipped 2.10% without a fresh corporate catalyst in the supplied news. Its 27.97 lakh-share turnover accompanied the decline, suggesting trading-driven profit-taking after the stock had remained below its Rs. 5,149.90 52-week high.

Which mid-cap stocks were the top losers today?

Page Industries Ltd was the sharpest mid-cap faller after investors focused on weaker profitability conversion in its Q2 FY27 earnings.

Page Industries Ltd (-12.19%)

Page Industries Ltd plunged after its Q2 FY27 results showed revenue growth of 11.5% but PAT growth of only 4%, prompting investors to penalise the weaker earnings conversion. Revenue was Rs. 1,439.6 crore, PAT was Rs. 202.5 crore and EBITDA margin contracted 80 basis points year-on-year to 20.8%, even as the company declared a second interim dividend of Rs. 150 per share. The stock saw 2.86 lakh shares traded and reversed after three preceding sessions of gains.

Bharat Dynamics Ltd (-3.82%)

Bharat Dynamics Ltd fell 3.82% to Rs. 1,057.00 without a fresh company announcement in the supplied material. Turnover of 60.06 lakh shares accompanied the move, making volume-led selling the available explanation.

Indus Towers Ltd (-3.33%)

Indus Towers Ltd declined 3.33% to Rs. 386.70 in the absence of a disclosed corporate trigger. The 35.24 lakh-share volume indicates active repositioning, while the price remained below its Rs. 481.55 52-week high.

Glaxosmithkline Pharmaceuticals Ltd (-2.55%)

Glaxosmithkline Pharmaceuticals Ltd fell as pharma was among the weaker market sectors, with the Nifty Pharma index quoted down 0.33%. No company-specific news was provided, so the sector decline is the reported catalyst for the move to Rs. 2,657.00.

Welspun Corp Ltd (-2.35%)

Welspun Corp Ltd slipped 2.35% without a company-specific development in the supplied news. The decline came on 10.42 lakh shares of volume and left the stock below its Rs. 2,899.95 52-week high, supporting a technical correction explanation.

Which small-cap stocks were the top losers today?

Paradeep Parivahan Ltd led small-cap losses, while sharp post-results and technical reversals also hit logistics, e-waste and engineering counters.

Paradeep Parivahan Ltd (-10.64%)

Paradeep Parivahan Ltd fell after reporting H1 FY27 numbers, as investors appeared to take profits following a strong run despite the operating growth disclosed by the company. H1 revenue rose 17.6%, EBITDA rose 27.6% and PAT increased 8% to Rs. 18.47 crore; it also reported a Rs. 1,050 crore secured order book and 150 EV orders. The stock closed at its intraday low of Rs. 286.00 and was down from its Rs. 340.10 52-week high.

Committed Cargo Care Ltd (-9.29%)

Committed Cargo Care Ltd opened at Rs. 300 against a previous close of Rs. 330 and traded in a narrow Rs. 300.00-Rs. 300.90 range, signalling acute selling pressure. No corporate news was supplied, while the low 8,400-share volume points to limited liquidity amplifying the fall to Rs. 299.35.

Namo eWaste Management Ltd (-8.97%)

Namo eWaste Management Ltd declined after its recent H1 FY27 results approval, with no adverse financial details disclosed in the supplied announcement. The move followed a 7.18% gain on the previous day, so the reversal is consistent with post-results profit-taking; 3.82 lakh shares changed hands and the stock touched an intraday low of Rs. 293.60.

Lokesh Machines Ltd (-8.64%)

Lokesh Machines Ltd fell after approving Q2 and half-year FY27 results and announcing management changes, including a redesignation of its Managing Director and appointments of a new Managing Director and Company Secretary. The disclosures did not provide earnings figures, leaving investors without a quantified operating update; 5.83 lakh shares traded as the stock corrected to Rs. 368.00.

Fedders Holding Ltd (-8.45%)

Fedders Holding Ltd fell 8.45% on exceptionally high turnover of 38.95 lakh shares, the largest volume among the small-cap losers shown. No fresh company announcement was supplied, making the volume-backed technical sell-off the available explanation for the decline to Rs. 57.06.

What happened in the Indian stock market today?

The available market updates show a volatile, mixed session rather than final official closing levels. The Nifty 50 opened 41.55 points lower at 25,213.50 and the Sensex opened 117.13 points lower at 81,762.27, before both recovered in early trade; a later supplied update quoted the Nifty at 25,299.35 and the Sensex at 81,911.01. Final benchmark closing levels were not included in the provided data.

Sector rotation was clear. Financials outperformed, with Nifty Financial Services up 1.42% and Nifty Bank up 1.19% in the supplied update, while Nifty Auto fell 1.02%, Nifty FMCG declined 0.74%, Nifty IT lost 0.41% and Nifty Pharma was down 0.33%. BSE breadth at mid-session was still positive, with 2,487 advances against 1,900 declines and 265 unchanged shares.

Foreign flows remained a support: FIIs bought a net Rs. 12,563.33 crore of equities on 11 November, while DIIs sold Rs. 8,434.53 crore. FIIs' net investment over the first 11 days of November was reported at Rs. 60,698 crore, while investors also assessed crude near $91 a barrel and awaited India's October retail inflation data.

Where can readers find more top losers and market movers?

Readers can explore the complete list of market movers here:

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

Conclusion

The day's losing list was dominated by stock-specific earnings reassessment at Page Industries Ltd and sharp technical or liquidity-driven reversals in several small caps. Auto-sector weakness weighed on Hyundai Motor India Ltd and Samvardhana Motherson International Ltd, while FMCG and pharma sector declines added pressure to Hindustan Unilever Ltd and Glaxosmithkline Pharmaceuticals Ltd.

Investors will watch Page Industries Ltd's ability to restore EBITDA margin after the 80-basis-point contraction, along with Paradeep Parivahan Ltd's execution of its Rs. 1,050 crore order book and 150 EV orders. The disclosed calendar also includes Page Industries Ltd's Rs. 150-per-share interim-dividend record date of 18 November 2026, while macro attention remains on October inflation and the durability of foreign institutional buying.