NSE Top Gainers on March 26, 2025: TFCI, Capri Global Capital, and Genus Paper lead market surge

The Indian stock market exhibited strong bullish momentum on March 26, 2025, as several stocks across sectors recorded significant gains. The top performers on the National Stock Exchange (NSE) included Tourism Finance Corporation of India Limited (TFCI), Capri Global Capital Limited (CGCL), and Genus Paper & Boards Limited (GENUSPAPER), each registering double-digit percentage increases. The surge reflects growing investor optimism, particularly in financial services, manufacturing, and infrastructure-related sectors, signaling renewed confidence in the country’s economic trajectory.

Why Did Tourism Finance Corporation of India Surge Over 19%?

Tourism Finance Corporation of India Limited (TFCI) topped the NSE gainers’ list with an impressive 19.05% increase, closing at ₹166.49, a sharp rise from its previous close of ₹139.85. The stock touched an intraday high of ₹167.82 before settling slightly lower, with a massive trading volume of 11.83 million shares, amounting to a total turnover of nearly ₹1.91 billion.

The sharp uptrend in TFCI’s stock price can be attributed to multiple factors. As a key player in providing financial assistance to tourism infrastructure projects, the company benefits from India’s surging domestic and international travel demand. The Indian government’s focus on strengthening tourism-related infrastructure, including hotels, resorts, and transport facilities, has provided a favorable environment for lenders specializing in this sector. The growing demand for hotel financing, amusement park development, and airport expansion loans has led to increased investor confidence in TFCI’s long-term growth prospects.

Speculation surrounding potential strategic partnerships or acquisitions could also have contributed to the strong rally. Reports suggest that the company may be exploring expansion opportunities or collaborations with larger financial institutions to enhance its funding capacity, further driving market interest.

How Did Capri Global Capital Gain 17% in a Single Session?

Capri Global Capital Limited (CGCL) saw its stock price jump 17.09%, closing at ₹196.69 from its prior closing price of ₹167.98. The stock recorded an intraday high of ₹201.57, with an extraordinary 46.71 million shares traded, generating a turnover of approximately ₹8.84 billion.

CGCL’s remarkable surge reflects heightened investor enthusiasm for the non-banking financial company (NBFC) sector, particularly in MSME lending. The company has been aggressively expanding its loan portfolio, with a focus on micro, small, and medium enterprises (MSMEs), affordable housing loans, and vehicle financing. India’s growing entrepreneurial landscape has led to increased borrowing demand, positioning Capri Global as a key beneficiary.

Regulatory tailwinds from the Reserve Bank of India (RBI), aimed at supporting liquidity in the NBFC sector, have also played a significant role in bolstering investor sentiment. The financial sector has been witnessing positive reforms, including improved credit flow to smaller businesses, which strengthens the outlook for companies like CGCL. Additionally, market speculation regarding potential banking partnerships or a banking license application has further fueled buying interest.

What Is Driving Genus Paper & Boards’ 13.65% Surge?

Genus Paper & Boards Limited (GENUSPAPER) was among the top gainers, rallying 13.65% to close at ₹19.9, compared to its previous close of ₹17.51. The stock hit a peak of ₹20.37, with 2.88 million shares changing hands, amounting to a total traded value of ₹56.78 million.

The strong uptrend in Genus Paper’s stock price is indicative of rising demand for eco-friendly and recycled paper products, driven by an industry-wide shift toward sustainable packaging solutions. With India implementing stringent regulations on plastic waste reduction, the demand for biodegradable and recycled paperboard packaging has surged, benefiting manufacturers like Genus Paper.

Investors are also responding positively to the company’s expansion initiatives. Genus Paper has been increasing production capacity and enhancing operational efficiencies to cater to growing industry requirements. Market speculation suggests that the company may be considering diversifying its product portfolio to capitalize on emerging opportunities in specialty paper segments, further boosting investor confidence.

Which Other Stocks Saw Notable Gains?

Beyond the top three gainers, several mid- and large-cap stocks posted impressive returns. Pil Italica Lifestyle Limited (PILITA) surged 10.12% to close at ₹13.6, with rising consumer demand for home and office furniture playing a key role in its stock movement. SMS Lifesciences India Limited (SMSLIFE) gained 7.52%, reaching ₹1165, as investors continued to show confidence in pharmaceutical stocks amid strong global demand for active pharmaceutical ingredients (APIs). Lumax Industries Limited (LUMAXIND) advanced 7.07% to ₹2573, supported by steady growth in the automotive lighting industry, as car sales continue to recover in India.

How Did Large-Cap Stocks Perform?

Some heavyweight stocks also recorded significant gains, reinforcing the bullish momentum in the broader market. Reliance Infrastructure Limited (RELINFRA) climbed 6.81%, closing at ₹254, amid growing optimism about infrastructure development projects. With increased government spending on urban infrastructure, power transmission, and transportation, Reliance Infrastructure remains a major beneficiary.

Another notable performer was Siemens Limited (SIEMENS), which saw a 5.68% jump to close at ₹5409.8. The rise in Siemens’ stock price reflects robust demand for industrial automation, smart grid technology, and railway electrification projects, which continue to gain momentum as India accelerates infrastructure modernization.

What Does This Market Rally Indicate?

The broad-based gains across multiple sectors highlight increasing investor confidence in India’s economic resilience. The financial services, infrastructure, and manufacturing sectors have been key drivers of market growth, reflecting strong liquidity and positive business outlooks. Mid- and small-cap stocks have particularly outperformed, indicating that investors are looking for growth-oriented investment opportunities rather than sticking solely to blue-chip stocks.

Looking ahead, the Indian stock market’s trajectory will depend on a combination of factors, including corporate earnings performance, macroeconomic data, and global market trends. With foreign institutional investors (FIIs) actively participating in Indian equities, further upside momentum could be seen, provided external risks remain minimal.

The NSE’s top gainers on March 26, 2025, demonstrate how sector-specific tailwinds and strategic growth opportunities continue to drive market enthusiasm. As companies in tourism finance, NBFCs, and manufacturing sectors capitalize on emerging opportunities, investor interest is likely to remain strong in the coming months.