Indian benchmark indices ended Wednesday’s session with moderate gains, supported by selective stock movements amid mixed global cues. The BSE Sensex rose 410.19 points or 0.51% to close at 81,596.63, while the NSE Nifty50 advanced 129.55 points or 0.52%, finishing at 24,813.45.

A number of companies across sectors reported quarterly earnings or announced developments that are likely to influence market sentiment today, May 22.

Stocks in Focus

  • ONGC: Q4 results were in line with estimates. Higher exploratory costs supported EBITDA.

  • Nalco: Reported a margin of 53.72% versus 31.51% a year ago. Revenue rose 47.2% YoY.

  • IndiGo: Q4 results came in above estimates. Margin improved to 31.40% from 24.80% YoY.

  • VA Tech: EBITDA increased 22%, revenue up 23.70% YoY.

  • VRL Logistics: EBITDA rose 76.9%. Margin improved to 23% from 13.7% YoY.

  • Hindustan Zinc: Declared preferred bidder for a 308-acre tungsten and associated mineral block.

  • KEI Industries: Acquired 74,000 sqm land in Rajasthan for ₹93.60 crore.

  • NBCC: Received an order worth ₹161.55 crore from PFC.

  • Havells: Plans to enter the electric vehicle supply equipment space with an investment of ₹7–10 crore.

  • IHCL: Signed an agreement for Taj Pushpabanta Palace in Agartala through a public-private partnership with the Tripura government.

  • Teamlease Services: EBITDA up 29.40%, revenue grew 17.5% YoY.

  • Gulf Oil: EBITDA increased 9.70%, net profit up 6.7% YoY.

  • Gokaldas Exports: EBITDA rose 45%. Margin increased to 12.07% from 10.39% YoY.

  • Interarch: EBITDA up 28.70%. Margin stood at 10.50% versus 9.80% YoY.

  • IndusInd Bank: Reported its first net loss in two decades. Lowest-ever net interest margin. Board is investigating a suspected fraud.

  • Colgate: Revenue missed estimates. Margin declined by 170 basis points YoY.

  • OIL: EBITDA fell 7% QoQ. Margin narrowed to 35.90% from 40.70%.

  • Mankind Pharma: Revenue and margins missed estimates. FY26 margin guidance below expectations.

  • RVNL: EBITDA down 5.25%. Revenue declined 4.28% YoY.

  • IRCON: Margin reduced to 7.66% from 8.74%. EBITDA down 21% YoY.

  • Garden Reach: Bangladesh government cancelled a tug order worth approximately $21 million.

  • Balmer Lawrie: Will not proceed with share buyback due to compliance concerns.

  • GMM Pfaudler: Reported a net loss. EBITDA dropped 57.50% YoY.

  • Astral: Plumbing business volume growth missed guidance. Consolidated margin remained flat YoY.

  • HG Infra: EBITDA declined 28%. Margin fell to 17.6% from 19.5% YoY.

  • Prince Pipes: EBITDA down 41%. Margin decreased to 7.60% from 12.46% YoY.

  • Protean eGov: EBITDA dropped 18.80%. Margin stood at 7.97% versus 9.82% YoY.