Indian markets closed weaker on 20 May, with midcaps and smallcaps under pressure amid profit-booking. The Sensex fell about 1 per cent on the day. Tech and specialty stocks led the advance, while several heavyweight names slipped. Notable gainers and losers showed sharp moves driven by company results, sector news, and broader trends.
Top Gainers
Newgen Software (up ~16.9 per cent) – Shares jumped after robust Q4 results and fresh business wins. Newgen reported Q4 net profit of Rs 108.3 crore (+2.8 per cent YoY) on revenues of Rs 429.9 crore (+14.6 per cent). Management highlighted strong deal wins in the US and APAC and a growing base of large customers. The company also disclosed a newly granted Indian patent for a data-compression system, and a $1.63 million Saudi subsidiary contract for software licenses, boosting investor optimism. Newgen’s focus on AI-driven products (launching “Lumyn”, “Harper”, “Marvin” AI agents) and rising license sales underpinned the rally.
Pfizer (up ~10.8 per cent) – The pharmaceutical major leapt on Q4 earnings and a special dividend. Pfizer’s March quarter PAT soared 85 per cent YoY to Rs 330.9 crore, largely on a one-time exceptional gain from a land sale, with operating revenue up 8 per cent to Rs 591.9 crore. The board proposed a record total dividend of Rs 165/share (including a Rs 100 special dividend for its 75th anniversary and Rs 30 special for the land-sale gain). These factors – a big profit beat and cash return to shareholders – drove the stock higher.
CCL Products India (up ~9.7 per cent) – The instant-coffee maker surged after blowout quarterly results. Q4FY25 net profit hit a record Rs 102 crore, up about 57 per cent YoY, on revenue of Rs 836 crore (+15 per cent YoY). Strong global demand for its coffee and beverage ingredients lifted operating margins (EBITDA +38 per cent YoY). Investors cheered the earnings surprise and healthy order book, pushing CCL to new highs.
BASF India (up ~8.3 per cent) – The speciality chemicals producer rallied on dividend news despite weak profits. The board recommended a final dividend of Rs 20/share (200 per cent) for FY2025 – up from Rs 15/share last year – reflecting confidence in steady cash flows. BASF’s Q4 profit had plunged 83 per cent YoY to Rs 27 crore, revenue down about 2 per cent, but investors bid up the stock on the large dividend payout and hopes raw-material costs are easing. The robust dividend and views that the worst of the downturn may be over helped lift shares.
Zensar Technologies (up ~6.8 per cent) – The IT services firm jumped after solid quarterly results and shareholder returns. Q4FY25 profit rose about 10 per cent YoY, with a final dividend of Rs 11 per share. Revenue grew modestly in constant currency, but the company beat estimates and maintains a strong balance sheet (net cash ~$290.5 million). Management noted broad-based demand and key deal wins in banking/financial services and manufacturing.
Zydus Wellness (up ~4.7 per cent) – The consumer-goods company rallied on corporate actions and results. Q4 net profit rose 15 per cent YoY to Rs 171.9 crore, driven by strong domestic sales of health foods and personal-care products. The board also approved the first-ever 1:5 stock split and declared a Rs 6/share final dividend.
Chennai Petroleum (up ~3.5 per cent) – The refinery gained with its oil-sector peers. Global Brent crude prices slid below $60 in early May, improving refining margins. Lower oil costs helped downstream refiners like CPCL see profits perk up. The broader sentiment carried into 20 May, lifting Chennai Petroleum alongside BPCL and HPCL.
Top Losers
Cochin Shipyard (down ~8.4 per cent) – The PSU shipbuilder plunged after a recent rally. Despite an 11 per cent YoY rise in Q4 PAT (to Rs 287 crore) and a declared final dividend, investors booked profits. Analysts warned that Cochin’s future order backlog is under pressure due to delays in the IAC-II aircraft carrier project. Lack of fresh catalysts led to the sell-off.
Bajaj Holdings & Investments (down ~7.4 per cent) – The investment company slid on profit-taking after a strong recent rally (up 12–13 per cent). The decline appears technical, a short-term reversal rather than fundamental.
RITES (down ~6.6 per cent) – The rail-engineering consultancy sank amid a broader sector selloff. Railway-related stocks had rallied on optimism of resumed orders but retraced on weakening markets. The fall reflected the unwinding of recent euphoria after the Sensex fell 1 per cent.
HEG (down ~6.4 per cent) – The graphite-electrode maker slumped after dismal Q4 results. HEG posted a consolidated net loss of Rs 73.7 crore, versus a profit of Rs 32.9 crore a year ago. EBITDA swung negative, reversing prior optimism after supply disruption elsewhere. Traders sold shares on collapsing profitability.
Data Patterns India (down ~6.0 per cent) – The aerospace-defence electronics supplier gave back recent gains after a strong quarterly beat. Q4 PAT jumped 60 per cent YoY to Rs 114.1 crore, with a proposed Rs 7.90/share dividend. However, investors booked profits amid a weak market, trimming the rally.
APL Apollo Tubes (down ~5.7 per cent) – The steel-tubes maker reversed course after recent highs. Reported Q4 revenue up 12.6 per cent YoY and PAT up 163 per cent to Rs 150.9 crore, with a Rs 5.75/share dividend. Profit-taking set in on 20 May amid a negative market mood, linked to broad indices falling rather than company weakness.
Titagarh Rail Systems (down ~5.3 per cent) – The rail-PSU stock was hit by sector-wide profit-booking after hopes of large rail orders faded with the market fall.
Emami (down ~5.1 per cent) – The consumer-products company eased on market weakness. Q4 sales rose about 8 per cent YoY to Rs 963.1 crore—no company-specific catalyst; pullback due to investors rotating out of defensive names.
Disclaimer: This story was created with the assistance of artificial intelligence and is intended for informational purposes only. Please take it with a pinch of salt and do your own research or consult a financial advisor before making investment decisions.
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