NSE March 17 Top Gainers: MOIL, Shaily Engineering Plastics Jump 20% 

Mumbai, March 17: Top gainers dominated the market on Tuesday with MOIL share price surging 20.00% to ₹297.65 and Shaily Engineering Plastics share price rising 20.00% to ₹2,298.10 as of 3:30 pm IST, compared to their previous close of ₹248.05 and ₹1,915.10 respectively.

The rally was not isolated. Multiple stocks across sectors posted sharp gains, suggesting strong buying momentum in select counters despite a mixed broader market tone.

Why Top Gainers Stocks Moved

The sharp up moves in stocks like MOIL and Shaily Engineering Plastics appear to be driven by strong buying momentum and possibly stock-specific triggers, though no immediate exchange disclosures were highlighted during the session.

In such cases, circuit-level moves or near-circuit rallies often reflect a combination of momentum trading, improving sentiment, and selective accumulation. The spread of gains across sectors indicates that the rally was not confined to a single theme.

Top 5 Stocks Performance Snapshot

As of 3:30 pm IST on March 17, 2026, MOIL share price emerged as the top gainer, surging 20.00% to ₹297.65. The stock remained largely range-bound in the first half but witnessed a sharp upward spike post noon, eventually touching its day’s high, indicating strong demand and possible upper circuit conditions.

As of 3:30 pm IST on March 17, 2026, Shaily Engineering Plastics share price climbed 20.00% to ₹2,298.10. The stock showed a consistent upward trend through the session, with momentum accelerating in the latter half. It hit its day’s high at current levels, suggesting sustained buying pressure.

As of 3:30 pm IST on March 17, 2026, Websol Energy System share price gained 13.72% to ₹60.60 from ₹53.29. The movement was gradual initially, followed by intermittent spikes. The stock touched a high of ₹63.50 before easing slightly, indicating some profit booking near peak levels.

As of 3:30 pm IST on March 17, 2026, Lloyds Metals and Energy share price rose 7.54% to ₹1,233.70. The stock maintained a steady upward trajectory throughout the session, with limited volatility. It reached a high of ₹1,242.00, reflecting consistent accumulation.

As of 3:30 pm IST on March 17, 2026, Chennai Petroleum Corporation share price advanced 6.21% to ₹1,049.95. The stock traded positively across the day, touching a high of ₹1,077.70 before trimming some gains toward the close, indicating mild profit booking.

What This Means For Investors

Such sharp gains, especially near 20% levels, often indicate heightened momentum but also increased risk of volatility. Stocks hitting upper circuits or near those levels may see limited liquidity for fresh entry.

Investors may prefer to track whether these gains sustain over the next few sessions or reverse due to profit booking. Without confirmed triggers, caution remains warranted despite strong price action.

Broader Market And Sectoral Context

The broader market remained mixed on March 17, 2026, with gains concentrated in select mid-cap and small-cap stocks rather than across indices.

The diversity among top gainers, spanning mining, engineering, energy, and refining, suggests that the rally was driven more by stock-specific momentum than sector-wide tailwinds.

About The Companies

MOIL Limited operates in manganese ore production, playing a key role in the steel value chain. Shaily Engineering Plastics focuses on high-precision plastic components across healthcare and industrial segments.

Websol Energy System is engaged in solar cell and module manufacturing, while Lloyds Metals and Energy operates in iron ore mining and steel-related businesses. Chennai Petroleum Corporation is a refining company under the oil and gas sector.

Conclusion

Top gainers on March 17, 2026, delivered strong returns, led by MOIL and Shaily Engineering Plastics with 20% gains. The rally reflects momentum-driven buying across select stocks, though sustainability will depend on follow-through action and underlying triggers.

Source; https://www.nseindia.com/market-data/top-gainers-losers