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Hardwyn India Drops Over 13% to Lead BSE ‘B’ Group Losers

Hardwyn India Ltd witnessed a sharp decline during market hours on 18 August 2026, dropping 13.66 percent to trade at Rs 9.48 by 14:31 IST. The sharp downturn positioned the company as the biggest loser within the BSE’s ‘B’ group segment. Multiple other counters across the group also experienced significant downward pressure, with NELCO Ltd, Krishival Foods Ltd, Karma Energy Ltd, and Growington Ventures India Ltd registering double-digit declines alongside shifts in trading volumes.

What Happened

During trading on 18 August 2026, Hardwyn India Ltd led the losses in the Bombay Stock Exchange (BSE) ‘B’ group, slumping 13.66 percent to reach Rs 9.48 by mid-afternoon. Trading participation on the counter showed a notable surge, with 6.49 lakh shares changing hands on the BSE up to 14:31 IST, compared to its one-month daily average volume of 1.94 lakh shares.

NELCO Ltd emerged as the second-largest decliner in the segment, falling 12.41 percent to Rs 947.4. The counter witnessed 82,883 shares traded on the exchange, surpassing its one-month average daily trading volume of 32,277 shares.

The third-largest decline was recorded by Krishival Foods Ltd, which dropped 12.26 percent to stand at Rs 359. Trading volume for the company stood at 17,146 shares, higher than its one-month average of 11,742 shares.

Karma Energy Ltd fell 11.68 percent to Rs 35.32, ranking as the fourth biggest loser in the group. On the BSE, 5 shares were traded on the counter, below its one-month average daily volume of 411 shares.

Rounding out the top five decliners, Growington Ventures India Ltd declined 10.53 percent to Rs 0.85. The counter logged trades of 34.7 lakh shares, compared to its average daily volume of 37.09 lakh shares over the preceding month.

Key Highlights

  • Hardwyn India Ltd: Slumped 13.66% to Rs 9.48; daily trading volume reached 6.49 lakh shares versus a monthly average of 1.94 lakh shares.
  • NELCO Ltd: Decreased 12.41% to Rs 947.4; volume stood at 82,883 shares against an average daily volume of 32,277 shares.
  • Krishival Foods Ltd: Tumbled 12.26% to Rs 359; volume recorded at 17,146 shares compared to an average of 11,742 shares.
  • Karma Energy Ltd: Shed 11.68% to Rs 35.32; recorded 5 shares traded against a 30-day average of 411 shares.
  • Growington Ventures India Ltd: Lost 10.53% to Rs 0.85; trading activity touched 34.7 lakh shares compared to an average of 37.09 lakh shares.

Why This Matters

Price movements and trading turnover offer measurable data on intra-day shifts in market participation within specific exchange categories. In the case of Hardwyn India, NELCO, and Krishival Foods, price drops coincided with trading volumes that exceeded their respective one-month daily averages. Conversely, Karma Energy experienced an 11.68 percent drop on a low volume of 5 shares, while Growington Ventures recorded volume slightly under its monthly daily average.

What to Watch Next

Market observers will monitor the final closing prices and total daily turnover for these five companies at the end of the trading session on the BSE.

Frequently Asked Questions

Which stock recorded the steepest decline in the BSE ‘B’ group on 18 August 2026?

Hardwyn India Ltd recorded the steepest drop in the BSE ‘B’ group, sliding 13.66 percent to Rs 9.48 at 14:31 IST.

How did trading volume for Hardwyn India compare with its historical monthly average?

Hardwyn India recorded 6.49 lakh shares traded on the BSE by 14:31 IST, compared with its one-month average daily volume of 1.94 lakh shares.

Which other stocks were among the top five losers in the group?

The other top decliners were NELCO Ltd (down 12.41%), Krishival Foods Ltd (down 12.26%), Karma Energy Ltd (down 11.68%), and Growington Ventures India Ltd (down 10.53%).

Source: Business Standard / Capital Market News