Five stocks are leading the early trade gainers list on Friday, May 22, with Honasa Consumer, Rashtriya Chemicals and Fertilizers, JSW Cement, Sheela Foam, and Elecon Engineering all posting sharp moves at the open.
Honasa Consumer: up 7.52% at ₹387.60
Mamaearth’s parent company is surging after Q4 FY26 profit nearly tripled to ₹69.4 crore on revenue of ₹657 crore, up 23% year-on-year. Management’s concall guidance of high-teens CAGR over five years and a 500 basis point EBITDA margin improvement target is driving the re-rating. The Derma Co. doubled year-on-year and Reginald Men crossed ₹100 crore ARR. The company also declared its first-ever dividend of ₹3 per share.
Rashtriya Chemicals and Fertilizers: up 6.25%
The state-owned fertiliser company reported a blowout Q4 FY26 with revenue surging 49.6% to ₹5,581 crore, EBITDA rising 81.6% to ₹324 crore with margin improving 100 basis points to 5.8%, and net profit jumping 157.5% to ₹186.7 crore. The combination of revenue scale and dramatic profit acceleration is what the market is pricing in today.
JSW Cement: up 6.21%
The stock is extending Thursday’s post-earnings gains despite a pre-open block deal of 4.28 crore shares worth ₹530.94 crore at ₹124 per share changing hands before market open. Q4 FY26 EBITDA jumped 52% to ₹364.1 crore with margins expanding to 19.2% from 14.1%, and a ₹146.77 crore deferred tax write-back drove profit to ₹361.65 crore from just ₹16.21 crore in Q4 FY25.
Sheela Foam: up 5.91%
Shares of Elecon Engineering Company rose 5.48% after management commentary from Sheela Foam Limited highlighted strong operational momentum in Q4FY26. The company said Kurlon integration is largely complete and focus has shifted towards profitability. Sheela Foam reported record EBITDA of over ₹414 crore on FY26 revenue of ₹3,821 crore, while Q4 profit surged nearly seven-fold YoY. Management also reiterated a 15%+ long-term growth outlook, supported by omni-channel expansion and premium comfort products.
Elecon Engineering: up 5.48%
This article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.