Nuvama Gets SEBI Mutual Fund Approval, Honasa Consumer Targets FY31 Growth, Plus Top Buzzing Stocks Today on June 12, 2026
- June 12, 2026
- Posted by: Ankit Jaiswal
- Category: News
Nuvama: Rs 1,541.50 (+2.07%) | PC Rs 1,510.20 | SEBI grants mutual fund in-principle approval. Honasa Consumer: Rs 419.95 (+0.55%) | PC Rs 417.65 | Management targets strong FY31 growth. Other buzzing stocks: MOFSL +4.83% (UBS Buy), GNG Electronics hit Rs 455 (+8.71% peak), IndiGo +3.40%, HPCL +3.58%, Hexagon Nutrition listed at +7.2% premium (Rs 48.25).
Among the top buzzing stocks today on June 12, 2026, Nuvama Wealth Management is rising 2.07% to Rs 1,541.50 after SEBI granted the company in-principle approval to launch a mutual fund business, marking a significant expansion of its financial services offering. Honasa Consumer at Rs 419.95 (+0.55%) is drawing investor attention after management presented its ambitious FY31 revenue growth outlook, signalling confidence in the long-term trajectory of its Mamaearth and House of Brands portfolio. Beyond these two company-specific catalysts, today’s broader market is generating multiple buzzing stocks today across sectors as Trump’s Iran deal signal drives a broad risk-on rally with the Sensex up 979 points and the Nifty 50 gaining 1.22%.
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Top Buzzing Stocks Today , June 12, 2026
| Stock | NSE | LTP | Change % | News / Catalyst |
|---|---|---|---|---|
| Nuvama | NUVAMA | Rs 1,541.50 | +2.07% | SEBI grants in-principle approval for mutual fund business |
| Honasa Consumer | HONASA | Rs 419.95 | +0.55% | Management presents strong FY31 revenue growth outlook |
| Motilal Oswal Fin. Svcs | MOTILALOFS | Rs 871.75 | +4.83% | UBS initiates Buy coverage with 38% upside target |
| GNG Electronics | EBGNG | Rs 428.50 (H: Rs 455) | +2.38% (+8.71% at peak) | Rs 175 Cr block deal , Motilal Oswal + Goldman Sachs |
| HPCL | HINDPETRO | Rs 378.80 | +3.58% | Brent crude below $90 on Iran deal , OMC margin expansion |
| IndiGo | INDIGO | Rs 4,655.40 | +3.40% | Crude fall: ATF cost relief; largest airline by market share |
| Canara Bank | CANBK | Rs 130.07 | +2.16% | Top Bank Nifty gainer; rate cut expectations on Iran deal |
| Hexagon Nutrition | HEXAGON-BE | Rs 50.66 | +12.6% (IPO: Rs 45) | Listing day: opened at Rs 48.25 (+7.2% premium) |
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Nuvama: SEBI Mutual Fund Approval , What It Means
Nuvama Wealth Management’s in-principle SEBI approval to launch a mutual fund is one of the most significant buzzing stocks today catalysts. Nuvama, with its strong HNI and institutional client base from its broking and wealth management operations, is well-positioned to launch and scale an AMC (Asset Management Company) business. India’s mutual fund industry has been growing at 20-25% CAGR, with total AUM crossing Rs 65-70 lakh crore in recent quarters. For Nuvama, getting an AMC licence creates a long-term high-margin recurring revenue stream: AMCs typically earn 50-100 basis points on equity AUM annually. At Rs 1,541.50 (+2.07%), Nuvama’s stock is pricing in the optionality value of the MF business launch.
Honasa Consumer: FY31 Targets Signal Multi-Year Growth
Honasa Consumer at Rs 419.95 (+0.55%) is among the buzzing stocks today as the parent of Mamaearth, Derma Co, and other premium personal care brands shared its FY31 growth outlook with the market. The FY31 target is a 5-year forward guidance that signals management’s confidence in the structural opportunity in India’s premium personal care and beauty segment. Honasa has been recovering from a distribution channel correction and is rebuilding its presence across modern trade, traditional retail, and digital platforms. The stock had corrected significantly from its listing highs and is now at Rs 419.95, making it an interesting recovery story for investors with a 3-5 year horizon.
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Conclusion
The buzzing stocks today span company-specific catalysts (Nuvama SEBI MF nod, Honasa FY31 guidance, Motilal Oswal UBS Buy, GNG Electronics block deal) and macro-driven moves (IndiGo, HPCL, banking stocks). Track all buzzing stocks today with live prices and news on Univest.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Nuvama share price rising today?
Ans. Nuvama share price is at Rs 1,541.50, up 2.07% from its previous close of Rs 1,510.20, after SEBI (Securities and Exchange Board of India) granted in-principle approval for Nuvama to launch a mutual fund business. This is a significant strategic milestone for Nuvama Wealth Management, which will now be able to offer asset management products directly to clients, expanding its revenue streams beyond its existing broking and wealth management businesses. An SEBI mutual fund nod gives Nuvama access to a fast-growing AUM market: India’s total MF industry AUM has been consistently hitting new highs and the AMC business is a high-margin, recurring revenue model. Analysts view this as a meaningful re-rating trigger for Nuvama’s long-term earnings potential.
What is Honasa Consumer’s FY31 growth target?
Ans. Honasa Consumer, the parent company of the Mamaearth brand and the broader House of Brands including Derma Co, Aqualogica, and Dr. Sheth’s, has presented a strong growth outlook for FY31 to investors and analysts. The management’s FY31 targets represent the company’s 5-year strategic vision for scaling its direct-to-consumer and omnichannel presence across India’s premium personal care and beauty segment. Honasa Consumer at Rs 419.95 (+0.55%) is gaining modestly as investors assess the credibility and achievability of the growth targets. The company has been recovering from a period of channel inventory correction and is rebuilding distribution across modern trade, general trade, and digital channels.
What makes today’s market buzzing and which sectors are most active?
Ans. Today, June 12, 2026, the Indian market is buzzing across multiple sectors driven primarily by Trump’s Iran deal signal which sent Brent crude below $90. The most active sectors are: oil-sensitive stocks (IndiGo +3.40%, HPCL +3.58%, Apollo Tyres +2.41%), banking (Bank Nifty +1.36%, HDFC Bank +1.94%, Canara Bank +2.16%), and company-specific stories (Motilal Oswal +4.83% on UBS initiation, GNG Electronics hit +8.71% on block deal, Hexagon Nutrition listed at +7.2% premium). IPO listings, broker upgrades, block deals, and SEBI regulatory approvals are all creating additional buzz in specific stocks beyond the broader market momentum.
How should investors approach buzzing stocks today?
Ans. When approaching buzzing stocks today, investors should distinguish between macro-driven movers (like IndiGo and HPCL benefiting from crude fall, which reflects a genuine fundamental improvement) and event-driven movers (like GNG Electronics on a block deal or Nuvama on a SEBI nod, where the catalyst is more specific). For macro-driven stocks, the catalyst (Iran deal) is still unconfirmed and could reverse. For event-driven stocks, the news is company-specific and may have longer-term re-rating potential. A key caution for all buzzing stocks is not to chase after a 3-5% gap-up open, as profit-booking often brings prices back to better entry levels. Patient investors can set limit orders below the day’s open for better entry on buzzing stocks today. This is for educational purposes only.