CMPDI, Karur Vyas Bank, UltraTech Cement among buzzing stocks as SENSEX falls over 300 pts, NIFTY below 24,150

The Indian benchmark indices, SENSEX and NIFTY50, were trading in negative territory for the second straight session on Tuesday, July 21, amid a sell-off in PSU banking stocks.

The SENSEX tanked as much as 0.5% to an intraday low of 77,337.33. Meanwhile, the NIFTY50 touched the session’s low of 24,135.65.

At 1:01 PM, the S&P BSE SENSEX fell by 340.43 points, or 0.44%, to trade at 77,368.09, while NSE’s NIFTY50 stood at 24,144.80, marking a 93.70-point, or 0.39% decline.

The top losers in the NIFTY50 index were HDFC Bank, Power Grid Corporation, Infosys, Trent and Tata Consultancy Services (TCS).

On the contrary, the top gainers included Shriram Finance, HCL Technologies, InterGlobe Aviation, Kotak Mahindra Bank and Bajaj Finserv.

Buzzing stocks on July 21: Check list

Central Mine Planning & Design Institute (CMPDI) shares surged as much as 7.9% to hit an intraday high of ₹273.50 per unit on the National Stock Exchange (NSE) on Tuesday, July 21, after the company posted a 54% year-on-year (YoY) rise in its net profits in the April to June quarter earnings for the financial year ending 2026-27.

The exchange filings showed that CMPDI posted a 53.8% rise in net profit (attributable to the owners of the company) to ₹116.27 crore in the first quarter of the fiscal year ending 2026-27, compared YoY with ₹75.56 crore in the same quarter of the previous year.

The company’s revenue from core operations advanced 17.6% to ₹481.37 crore in the June quarter, compared with ₹409.25 crore in the same period last year.

Karur Vysya Bank stock jumped more than 11% during the trading session on Tuesday, July 21, as investors focused on the institutional lender’s strong April to June quarter financial performance for the fiscal year ending 2026-27, due to interest income growth.

On July 20, Karur Vysya Bank recorded a 45% year-on-year (YoY) jump in net profit after tax (PAT) to ₹755.70 crore in the April to June quarter of the financial year ending 2026-27, compared to ₹521.45 crore in the same quarter of the previous year, according to the financial statements.

The statements also showed that the bank’s interest income (NII) surged 19% to ₹3,049.42 crore in the first quarter of the current fiscal year, compared to ₹2,568.55 crore in the same period a year ago.

Shares of UltraTech Cement jumped as much as 1.87% to hit an intraday high of ₹12,126 per unit, after the company posted its earnings for the first quarter of the 2026-27 financial year (Q1 FY27).

It posted a 17% YoY surge in its consolidated net profit to ₹2,599 crore during the quarter under review, compared with ₹2,226 crore for the June quarter of the 2025-26 fiscal year (Q1 FY26).

Its revenue from operations soared 16% YoY to ₹24,648 crore in the quarter ended June 30, 2026, as against ₹21,275 crore in the corresponding period of the previous fiscal year, according to a regulatory filing dated July 20.

The stock of One 97 Communications, the parent company of Paytm, slipped into the red after rising up to 2.58% to ₹1,382.40 apiece on the NSE in the early trade on Tuesday, July 21, following the company's June quarter (Q1 FY27) earnings announcement. During the session, it fell as much as 2.89%.

The company said that Q1 FY27 marked a broad-based accelerated growth in Payments and Financial Services for Merchant and Consumer Businesses.

Paytm said its revenue for the period jumped 28% YoY and 8% QoQ to ₹2,448 crore, while EBITDA, or operating profit, came in at ₹203 crore, up 182% YoY and 54% QoQ.

The company's profit after tax (PAT) came in at ₹220 crore, up 79% YoY.

Shares of SBI Funds Management, which serves as the investment manager for SBI Mutual Fund, made a tepid debut on the stock exchanges on Tuesday, July 21.

The stock started trading at ₹613.30 per equity share on the NSE. This reflects a premium of 6.85% over the IPO issue price of ₹574 apiece. On the BSE, the scrip debuted at ₹610, up 6.27% from the issue price.

A lot consists of 26 shares. Investors who received the SBI Funds Management IPO allotment made ₹15,945.8 per lot.

The ₹9,812.91 crore public issue was entirely an offer-for-sale (OFS) of up to 17.09 crore shares by promoters State Bank of India (SBI) and Amundi India Holding.

Shares of Granules India, the country's leading pharmaceutical manufacturing company, surged as much as 3.24% to hit an intraday high of ₹904.50 on the National Stock Exchange (NSE) on Tuesday, July 21, after the company reported its April-June period earnings. On the BSE, Granules India shares advanced as much as 3.27% to touch an intraday high of ₹904.65.

Granules India, in an exchange filing, said that it earned a consolidated net profit of ₹180 crore in the first quarter of the current financial year, marking an increase of 59% from ₹113 crore in the same period last year.

Granules India's revenue from operations during the quarter rose 22% to ₹1,477 crore from ₹1,210 crore in the year-ago period.

The company reported a strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) advanced 37% to ₹339 crore and its EBITDA margin improved by 250 basis points to 22.94%.

The stock of Emcure Pharmaceuticals Ltd jumped 2% on Tuesday, July 21, after it said its co-marketed brand of the innovator semaglutide, Poviztra, will now be available for the treatment of fatty liver.

This followed the Central Drugs Standard Control Organisation's (CDSCO) approval of 'Wegovy' for the treatment of non-cirrhotic metabolic dysfunction-associated steatohepatitis (MASH) in adults with moderate to advanced liver fibrosis, according to a regulatory filing dated July 20.

Poviztra is manufactured and imported from Novo Nordisk's European manufacturing facility and contains innovator rDNA-origin semaglutide, it added.

Shares of Canara HSBC Life Insurance Company rallied 11.3% to hit a 52-week high after it posted a 20.15% YoY increase in its profit after tax (PAT) to ₹28.14 crore in the June FY27 quarter, compared to ₹23.42 crore in Q1 FY26.

Its net premium income saw a 23.83% YoY growth to ₹2,047.5 crore during the quarter under review.