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  1. Honeywell Automation, JSW Cement, IRB Infra shares surge amid spike in trading activity; check full list

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Honeywell Automation, JSW Cement, IRB Infra shares surge amid spike in trading activity; check full list

SUMMARY

Honeywell Automation shares rose as much as 18.4% to hit an intraday high of ₹35,735 a day after it reported its January-March quarter earnings.

Top gainers and losers

The SENSEX fell as much as 949 points from the day's highest level and NIFTY50 index touched an intraday low of 23,596. | Image: Shutterstock

The Indian equity erased morning gains and were trading lower in afternoon trading on Thursday, May 21, ahead of weekly expiry of SENSEX futures and option contracts due later in the day.

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The SENSEX fell as much as 949 points from the day's highest level and NIFTY50 index touched an intraday low of 23,596 after hitting an intraday high of 23,860 dragged down by losses in index heavyweights like Bharti Airtel, HDFC Bank, Reliance Industries, Infosys and Kotak Mahindra Bank.

As of 1:43 pm, the SENSEX was down 191 points at 75,123 and NIFTY50 index was down 10 points at 23,648.

Here are stocks witnessing heavier than usual trading volumes:
Honeywell Automation: Shares of Honeywell Automation rose as much as 18.4%, its biggest single day jump since May 16, 2024, to hit an intraday high of ₹35,735 on the National Stock Exchange (NSE) a day after it reported its January-March quarter earnings. On the BSE, Honeywell Automation shares advanced as much as 18.55% to touch an intraday high of ₹35,770.

Honeywell Automation post market hours on Wednesday said that it earned a net profit of ₹160 crore in fourth quarter of financial year 2025-26, marking an increase of 14% from ₹140 crore a year earlier.

Its revenue from operations jumped 6% to ₹1,181 crore in Q4 compared with ₹1,115 crore in the year-ago period.

The company reported stable operational performance as its EBITDA also known as operating profit rose 16% to ₹1,85 crore and its EBITDA margin expanded by 130 basis points to 15.65%.

The stock was witnessing heavier than usual trading activity as volumes jumped 27.2 times to 1.39 lakh shares compared with an average volume of 5,137 shares.

JSW Cement: Shares of billionaire Sajjan Jindal group's cement maker rose as much as 9.27% to ₹132 after it posted a 991% year-on-year (YoY) increase in its consolidated net profit at ₹371 crore in the quarter ended March 31, 2026.

In the corresponding period last year, the firm had clocked a profit of ₹34 crore.

The cement maker's total revenue from operations stood at ₹1,895 crore, growing 11% YoY in Q4 FY26, compared to ₹1,709 crore in the fourth quarter of the 2025-26 fiscal year (Q4 FY25).

On the operational level, JSW Cement’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹366 crore in contrast to ₹240 crore in the same quarter of the previous fiscal year, marking a jump of 53%.

Trading volume jumped by 20.6 times to 1.66 crore shares compared with an average volume of 8.11 lakh shares.

IRB Infrastructure Developers: Shares of the road construction company jumped as much as 13 % to hit an intraday high of ₹23.95 after its profit jumped 38% to ₹2,962.59 crore in March quarter compared with ₹2,147 crore in the same period last year.

Its revenue from operations declined 17% to ₹15,264 crore from ₹18,426 crore.

Trading volume in the stock jumped 15 times 27.39 crore shares compared with an average volume of 1.82 crore shares.

Jubilant FoodWorks: Shares of Domino's Pizza chain operator in India, Jubilant FoodWorks, fell as much as 8.04% to hit an intraday low of ₹434.65.

Jubilant FoodWorks shares came under selling pressure after the company in a letter to its shareholders said that same store sales growth also known as like for like (LFL) growth for Domino's in financial year 2026 declined to 6.5% from 7.5% in the previous financial year.

Jubilant FoodWorks said that average bill value moderated during the FY26 due to affordability-led interventions, including lowering the free delivery threshold to ₹99, targeted cashbacks, and zero packaging charges in select markets.

Trading volume jumped 11 times to 1.41 crore shares compared with an average volume of 12.82 lakh shares.

Medplus Health Services: Shares of healthcare service provider rose 5% to ₹956.55 amid spike in trading activity.

Trading volume jumped 8 times to 17.09 lakh shares compared with an average volume of 2.11 lakh shares.

On the BSE, as many as 1.34 lakh shares changed hands compared with an average of 35,000 shares traded daily in the past two weeks.

About The Author

Abhishek Vasudev.jpg
Abhishek Vasudev is a business journalist with over 15 years of experience covering business and markets. He has worked for leading media organisations of the country.

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