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Pine Labs Ltd, Cochin Shipyard Ltd, Sun TV Network Ltd, Granules India Ltd are among the other stocks to see a surge in volumes on NSE today, 11 September 2026.
Authum Investment & Infrastructure Ltd recorded volume of 48.96 lakh shares by 14:14 IST on NSE, a 10.41 times surge over two-week average daily volume of 4.70 lakh shares. The stock gained 5.21% to Rs.539.00. Volumes stood at 68818 shares in the last session.
Pine Labs Ltd recorded volume of 2037.23 lakh shares by 14:14 IST on NSE, a 8.45 times surge over two-week average daily volume of 241.00 lakh shares. The stock gained 14.32% to Rs.197.97. Volumes stood at 159.11 lakh shares in the last session.
Cochin Shipyard Ltd notched up volume of 51.54 lakh shares by 14:14 IST on NSE, a 7.57 fold spurt over two-week average daily volume of 6.81 lakh shares. The stock slipped 8.64% to Rs.1,389.00. Volumes stood at 10.53 lakh shares in the last session.
Sun TV Network Ltd notched up volume of 28.08 lakh shares by 14:14 IST on NSE, a 6.78 fold spurt over two-week average daily volume of 4.14 lakh shares. The stock rose 5.52% to Rs.480.70. Volumes stood at 2.9 lakh shares in the last session.
Granules India Ltd saw volume of 71.46 lakh shares by 14:14 IST on NSE, a 5.33 fold spurt over two-week average daily volume of 13.41 lakh shares. The stock increased 1.42% to Rs.912.00. Volumes stood at 15.97 lakh shares in the last session.
The brokerage highlighted Pine Labs' leadership in merchant payments and its high-margin value-added businesses. It also expects strong earnings growth.
Pine Labs has more than 20 lakh point-of-sale (POS) terminals. The brokerage estimates the company has a 17% share of the overall POS terminal market and more than 60% share among enterprise merchants.
The brokerage also highlighted Pine Labs' affordability solutions, including POS financing, as an important value-added business.
Pine Labs processes around 85% of offline white-goods buy-now-pay-later (BNPL) transactions. The company works with more than 450 brands and over 40 financial institutions.
Pine Labs is a technology company focused on digitising commerce through digital payments and issuing solutions for merchants, consumer brands, enterprises and financial institutions.
The company's consolidated revenue grew 20% YoY to Rs 737 crore, while profit after tax increased fourfold to Rs 20 crore from Rs 5 crore in Q1 FY26. Profit before tax stood at Rs 38 crore, compared with a loss of Rs 5 crore in the year-ago quarter.
The company reported a profit before tax (PBT) of Rs 37.73 crore in Q1 FY27, compared with a loss before tax of Rs 4.84 crore in Q1 FY26.
On a segmental basis, revenue from the digital infrastructure business increased 14.90% YoY to Rs 499.12 crore in Q1 FY27 from Rs 434.37 crore in Q1 FY26. Revenue from the issuing and acquiring platform business rose 30.90% YoY to Rs 237.80 crore from Rs 181.54 crore in the corresponding quarter of the previous year.
Adjusted EBITDA improved 4.13% YoY to Rs 126 crore in Q1 FY27 from Rs 121 crore in Q1 FY26. However, adjusted EBITDA margin narrowed to 17.1% from 19.6% a year earlier.
Pine Labs said merchant digitisation continued to gather pace during the quarter, with platform gross transaction value (GTV) remaining above $45 billion, reflecting growing adoption by merchants and banking partners. The company's Digital Checkout Points (DCPs) grew 18% YoY to 2.17 million, while more than 70% of transactions were processed through UPI, highlighting the increasing shift towards digital, UPI-first payment solutions.
The company maintained its leadership in the enterprise merchant segment in India while expanding its presence in the mid-market, where the merchant base grew over 40% YoY with the addition of more than 1.3 lakh DCPs. Flow, Affordability and Transaction Processing GTV increased over 54% YoY to Rs 91,000 crore, driven by more than 80% growth in UPI GTV and over 40% growth in Dynamic Currency Conversion (DCC) GTV.
In the online business, Pine Labs added more than 40 merchants across quick commerce, e-commerce, direct-to-consumer (D2C), travel and enterprise segments during the quarter. Shopflo Checkout processed more than Rs 400 crore of D2C and SMB volumes, while the company expanded its government footprint with key wins, including the Delhi Metro Rail Corporation (DMRC), and strengthened its hospitality merchant business.
Internationally, revenue rose 21% YoY to Rs 114 crore, contributing around 16% of consolidated revenue. The company expanded its presence across 22 countries by scaling deployments with GCash in the Philippines, launching new affordability programmes in the UAE and Singapore, adding airline partnerships with British Airways and TAROM, launching the Suntec Mall Card programme in Singapore, and expanding engagements with Emirates NBD and Wio Bank across the UAE, Saudi Arabia and Egypt.
The scrip was down 4.48% at Rs 146.15 on the BSE.
The company’s board has approved this acquisition in April 2026.
Shopflo is engaged in the business of development, deployment, operation and commercialization of a direct-to-consumer checkout platform and offers engine and e-commerce enablement services and/or solutions and technology. The company had recorded turnover of Rs 14.73 crore for the year ended in March 2025.
The aforesaid stake was acquired for a cash consideration of Rs 88 crore.
Pine Labs had stated that Shopflo will help the company offer D2C merchants an integrated, end-to-end platform that spans in-store payments and merchant solutions; online checkout, conversion optimization and D2C growth tools; consumer engagement and retention capabilities and seamless data and insights across channels.
“Consequent to completion of the acquisition, Shopflo has become a wholly owned subsidiary of the company with effect from 10 June 2026,” Pine Labs announced in a statement filed with the domestic bourses yesterday.
Pine Labs is a technology company focused on digitizing commerce through digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions.
The company had reported a net profit of Rs 59 crore in Q4 FY26 as against a net loss of Rs 29 crore recorded in Q4 FY25. Revenue rose by 17% year-on-year (YoY) to Rs 701 crore during the period under review.
The scrip shed 0.53% to currently trade at Rs 149.55 on the BSE.
For the full year,net profit reported to Rs 112.51 crore in the year ended March 2026 as against net loss of Rs 145.49 crore during the previous year ended March 2025. Sales rose 19.19% to Rs 2710.59 crore in the year ended March 2026 as against Rs 2274.27 crore during the previous year ended March 2025.
For the full year,net profit rose 434.90% to Rs 149.88 crore in the year ended March 2026 as against Rs 28.02 crore during the previous year ended March 2025. Sales rose 20.58% to Rs 1926.09 crore in the year ended March 2026 as against Rs 1597.31 crore during the previous year ended March 2025.