HCLTech, Nestle, Adani Power among buzzing stocks as SENSEX, NIFTY50 fall nearly 1%

The Indian benchmark indices, SENSEX and NIFTY50, were trading in the red zone during the afternoon session on Wednesday, April 22, amid weak global sentiments and a decline in IT stocks.

Investors turned cautious after the United States and Iran failed to hold talks for a peace agreement in West Asia.

The SENSEX declined as much as 1.05% to touch an intraday low of 78,442.30. Meanwhile, the NIFTY50 fell as much as 0.91% and reached the session’s low of 24,352.90.

At 12:49 PM, the S&P BSE SENSEX slumped by 673.69 points, or 0.85%, to 78,599.64, while NSE’s NIFTY50 was trading at 24,408, reflecting a 168.60-point, or 0.69%, drop.

Buzzing stocks on April 22: Check list

Shares of Sunteck Realty skyrocketed as much as 12.10% to ₹382.4 per unit on the National Stock Exchange (NSE) on Wednesday, April 22, after the company announced its latest set of data for the fourth quarter of the financial year 2025-26 (Q4 FY26).

In an exchange filing on Tuesday, Sunteck Realty Ltd announced that it posted a 27% year-on-year (YoY) increase in consolidated net profit to ₹63.75 crore in the three months ended March 2026. The company had reported a net profit of ₹50.38 crore a year back.

Its total income advanced 60.16% to ₹348.88 crore during the January-March quarter of FY26 from ₹217.83 crore in the same period of the preceding year.

The stock of Nestle India advanced as much as 3.28% to hit a 52-week high of ₹1,425.20 per equity share on the NSE, a day after reporting its earnings for Q4 FY26.

Its net profits rose 26% to ₹1,114 crore in the January to March quarter of the financial year ended 2025-26, compared to ₹885 crore in the same quarter of the previous financial year.

The FMCG company’s revenue from core operations rose 23% to ₹6,748 crore in the fourth quarter, compared year-on-year with ₹5,504 crore in the same period a year ago, according to the filings.

BEML shares soared as much as 8.04% to reach an intraday high of ₹1,910 apiece in early trade on Wednesday, April 22, as the company bagged a supply order from the Ministry of Defence.

The Ministry of Defence on Tuesday said that it has signed contracts worth ₹975 crore with BEML and Electro Pneumatics and Hydraulics (India) Private Limited for the procurement of trawl assembly for T-72 and T-90 tanks.

The agreements with the two companies were inked in the presence of Defence Secretary Shri Rajesh Kumar Singh in New Delhi.

The trawl assemblies for the T-72 and T-90 tanks are critical pieces of equipment developed by the Defence Research and Development Organisation (DRDO) to enhance the Indian Army's minefield-breaching capability.

“It would generate additional capability of creating vehicle safe lanes through minefields with anti-tank mines with proximity magnetic fuses, thus enhancing the op

The stock of HCL Technologies (HCLTech) tumbled as much as 10.91% to touch a 52-week low of ₹1,284 per equity share on the NSE on Wednesday, April 22, as the IT major, in post-market hours on Tuesday, released its financial results for the quarter and year ended March 31, 2026.

The company posted a 4.20% YoY rise in consolidated net profit to ₹4,488 crore for the January-March quarter of FY26 (Q4 FY26), even as the management flagged a highly volatile demand environment shadowed by tariffs and softened discretionary spends, giving an FY27 growth guidance of 1-4%.

The Noida-headquartered firm had reported a consolidated net profit of ₹4,307 crore in the same period of FY25.

The firm's revenue from operations rose 12.34% to ₹33,981 crore in Q4 FY26, up from ₹30,246 crore seen in Q4 FY25.

Shares of Cyient DLM rallied as much as 5.9% to ₹384.60 apiece on the NSE on Wednesday, following the company's March quarter (Q4 FY26) results announcement on Tuesday, post-market hours.

The electronic manufacturing services (EMS) firm on Tuesday reported a 27.7% YoY decline in consolidated net profit at ₹22.44 crore for the March quarter of FY26. Profit in the year-ago period was ₹31 crore.

Its revenue from operations came in 13.8% YoY lower at ₹369.07 crore in Q4 FY26, as compared to ₹428.05 crore logged a year ago. On a quarter-on-quarter (QoQ) basis, profit and revenue rose 99.8% and 21.7%, respectively.

Cyient DLM's order book stood at ₹2,416.6 crore at the end of the March quarter.

Central Mine Planning & Design Institute (CMPDI) stock fell 4% to its intraday low of ₹176.40 post the opening bell on Wednesday, April 22, after the Coal India subsidiary firm recorded a 32% fall in its March quarter net profits for the financial year ended 2025-26, according to an exchange filing on Tuesday.

The NSE filings showed that CMPDI’s net profit fell by 32% to ₹187 crore in the fourth quarter, compared year-on-year (YoY) with ₹277 crore in the same period a year ago, according to the financial statements.

Although the PSU company witnessed an 11% YoY rise in its revenue from core operations to ₹827 crore in the March quarter of FY2025-26, compared to ₹740 crore in the same period a year ago, the profits reduced for Q4 on rising expenses.

Shares of Adani Power gained as much as 5.84% to hit a 52-week high of ₹214.84 apiece on the NSE, after it incorporated a nuclear energy subsidiary.

In a regulatory filing dated Tuesday, the company said that it has incorporated a wholly-owned subsidiary named Rawatbhata-Raj Atomic Energy Limited (RRAEL) on April 20 in India.

RRAEL was incorporated to generate, transmit, and distribute power derived from nuclear and/or atomic energy.

It was incorporated with an authorised capital of ₹5,00,000 divided into 50,000 equity shares of ₹10 each, with Adani Power holding 100% stake in it.