Indian Market Review: Vodafone Idea, Prime Focus, and More

Shares of Prime Focus surged 10% to Rs 158.37, Vodafone Idea gained 10% to Rs 7.25, Moschip Technologies hit a fresh 52-week high of Rs 258.33, Netweb Technologies hit the 20% upper circuit to scale a fresh 52-week high of Rs 3,182.50, GMDC jumped 13% to Rs 512, while Varun Beverages fell 4% to Rs 469.50 and Ola Electric dropped 7% to Rs 60.21.

Shares of Prime Focus surged 10% to Rs 158.37 on Friday, hitting the upper circuit at Rs 158.10 on BSE, following a reported large block deal that triggered heightened investor activity [1]. The deal involved around 47.5 lakh shares, representing a 1.53% equity stake in the company. This development comes on the heels of actor Ranbir Kapoor investing between Rs 15–20 crore in Prime Focus Studio through a preferential issue of shares. The company, founded by Namit Malhotra, is known for its visual effects and has seen its stock gain 12.21% over the past year and 13.01% year-to-date (YTD).

Vodafone Idea gained 10% to Rs 7.25, while Moschip Technologies hit a fresh 52-week high of Rs 258.33, extending its winning streak to a sixth straight session and pushing weekly gains to 42% [3]. The Hyderabad-based semiconductor company's rally was driven by record trading volumes and renewed investor optimism following the government's push to strengthen India's semiconductor industry. Prime Minister Narendra Modi's speech at the Semicon India 2025 Summit highlighted India's potential to capture a significant share of the $1 trillion global semiconductor market. The stock has seen an unprecedented surge in activity, with more than 5 crore shares changing hands on Thursday.

Netweb Technologies hit the 20% upper circuit to scale a fresh 52-week high of Rs 3,182.50, while GMDC jumped 13% to Rs 512. Varun Beverages fell 4% to Rs 469.50, and Ola Electric dropped 7% to Rs 60.21.

In other news, shares of NSDL (National Securities Depository Limited) will be in focus on Wednesday as 8 million shares, representing 4% of the company’s outstanding equity, emerge from the one-month shareholder lock-in period [2]. This event, along with similar lock-in expirations for Sri Lotus Developers and M&B Engineering, could lead to increased market volatility.

References:
[1] https://m.economictimes.com/markets/stocks/news/ranbir-kapoor-backed-prime-focus-shares-hit-10-upper-circuit-on-reports-of-block-deal/articleshow/123714204.cms
[2] https://economictimes.indiatimes.com/markets/stocks/news/nsdl-in-focus-as-8-million-shares-up-for-trade-on-1-month-lock-in-expiry-today/articleshow/123668812.cms
[3] https://economictimes.indiatimes.com/markets/stocks/news/moschip-technologies-shares-skyrocket-42-in-1-week-heres-why-the-stock-hit-record-high-today/articleshow/123713719.cms