Jubilant Foodworks, Apollo Hospitals, Bosch amid buzzing stocks as SENSEX falls, NIFTY trades flat

The Indian benchmark indices, SENSEX and NIFTY50, slipped into the negative territory during the afternoon session on Thursday, May 21, amid a sell-off in IT stocks.

The SENSEX had surged as much as 0.83% to hit an intraday high of 75,945.79 in morning deals. Meanwhile, the NIFTY50 touched the session’s high of 23,859.90.

However, the markets pared early gains and tumbled into the red zone. At 12:53 PM, the S&P BSE SENSEX was trading 222.94 points or or 0.30% lower at 75,095.45. NSE’s NIFTY50 stood flat at 23,645.50, down by 13.50 points, or 0.06%.

On Wednesday, the foreign institutional investors (FIIs) sold shares worth ₹1,597.35 crore, while the domestic institutional investors (DIIs) bought equities worth ₹1,968.35 crore on a net basis, according to exchange data.

The top gainers of the NIFTY50 index included Grasim Industries, InterGlobe Aviation (IndiGo), Apollo Hospitals, Max Healthcare Institute and Bajaj Auto.

On the contrary, Bajaj Finance, Tech Mahindra, Bajaj Finserv, Tata Consumer Products, and Hindustan Unilever were among the top losers.

Buzzing stocks on May 21: Check list

The stock of Lenskart surged as much as 6.2% to hit an intraday high of ₹517 on the National Stock Exchange (NSE) on Thursday, May 21, a day after it reported its March quarter earnings.

Lenskart in post-market hours on Wednesday said that its net profit in the January-March quarter jumped by 730% or over eight times to ₹164 crore compared with ₹20 crore in the same period last year.

Its revenue from operations advanced 44% to ₹1,470 crore in the fourth quarter of the current financial year from ₹1,022 crore in the year-ago period.

Bosch India shares fell as much as 5.06% to the day’s low of ₹34,965 apiece on the NSE, after its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26) failed to impress investors.

Bosch India reported a consolidated net profit of ₹568.5 crore in Q4 FY26, up 2.69% YoY from ₹553.6 crore in the year-ago period.

Its revenue from operations soared 13.3% YoY to ₹5,566 crore in the latest March quarter, compared to ₹4,911 crore in Q4 FY25.

Its board of directors also recommended a final dividend of ₹270 per equity share, with a face value of ₹10 each, subject to shareholder approval. Furthermore, it fixed August 4, 2026, as the record date.

The stock of Honeywell Automation rallied as much as 14.13% to hit the session’s peak of ₹34,445 apiece, after posting a 14.2% You rise in its consolidated net profit to ₹160 crore for the fourth quarter, compared with ₹140 crore in the corresponding period last year.

Its revenue from operations jumped 5.9% YoY to ₹1,180.7 crore for the reporting quarter, as against ₹1,114.5 crore in Q4 FY25.

Its board of directors also recommended a final dividend of ₹110 per equity share, at 1,100%, with a face value of ₹10 each, for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming annual general meeting.

Shares of Jubilant Foodworks tumbled as much as 8.12% to hit an intraday low of ₹434.20 apiece on the NSE on May 21, 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 the financial year 2026, declined to 6.5% from 7.5% in the previous financial year.

Jubilant FoodWorks post-market hours said that it earned a consolidated net profit of ₹80 crore in the January-March quarter, marking an increase of 67% from ₹48 crore in the year-ago period.

Its revenue from operations in the fourth quarter of the financial year 2025-26 rose 19% to ₹2,499 crore, up from ₹2,095 crore in the same period last year.

The Delhi-based company reported stable operational performance as its EBITDA, also known as operating profit, jumped 24% to ₹485 crore, and its EBITDA margin rose 70 basis points to 19.4%.

The stock of Protean eGov Technologies Ltd hit its 20% upper circuit level on Thursday, May 21, after reporting the latest set of numbers for the fourth quarter of the financial year 2025-26.

The company posted a 48.92% increase in its consolidated profit after tax to ₹30.38 crore in the January-March quarter of FY26, compared to ₹20.40 crore a year back.

Its revenue from operations climbed 38.43% to ₹307.54 crore in Q4 FY26 as against ₹222.15 crore in the corresponding period of the previous fiscal year.

The tax services segment reported a robust 65% YoY revenue growth to ₹177 crore in Q4 FY26 due to a sharp increase in PAN card issuances in the quarter, according to an exchange filing.

Apollo Hospitals Enterprise shares rallied 4% to hit their 52-week high of ₹8,388 per unit on Thursday, as the company’s March quarter earnings boosted investors’ confidence.

The healthcare-providing firm reported a consolidated net profit of ₹529 crore on Wednesday for the fourth quarter of the financial year 2025-26 (Q4 FY26), marking an increase of 36% from ₹390 crore in the same period last year.

The company's revenue from operations grew 18% to ₹6,606 crore in the January-March quarter as compared to ₹5,592 crore in the corresponding quarter of the previous fiscal year.

Apart from earnings, the board of directors of Apollo Hospitals has also recommended a final dividend of ₹10 per equity share (200% of the ₹5 face value) for the financial year 2025–26.

Apollo Micro Systems' stock hit an all-time high of ₹377.70 per equity share on Thursday, May 21, continuing its positive run after declaring the latest March quarter results.

Apollo Micro Systems reported a consolidated profit after tax of ₹37.61 crore in the quarter ended March 2026, reflecting an increase of 168.64% from ₹14 crore a year back.

Consolidated revenue from operations climbed 81.28% to ₹293.25 crore in Q4 FY26, compared to ₹161.76 crore in the corresponding quarter of the previous fiscal year, the company said in a regulatory filing.