Gainers & Losers: Top stocks that moved the most on July 18
Benchmark equity indices declined sharply on July 18, dragged by weak earnings from Axis Bank, continued foreign fund outflows and negative global cues.
Benchmark equity indices declined sharply on July 18, dragged by weak earnings from Axis Bank, continued foreign fund outflows and negative global cues. Sensex tumbled 631 points or 0.76 percent to an intraday low of 81,628.26, while the Nifty declined 186.2 points or 0.74 percent at 24,925.25.
2/10
Axis Bank: Shares of Axis Bank tumbled over 5 percent to Rs 1,099 apiece after the lender posted a weak set of numbers for the June quarter. Profit and net interest income (NII) growth were muted, fresh slippages increased sharply owing to a technical impact, and margins contracted. Brokerages expressed disappointment over the Q1 performance and downgraded their ratings on the stock.
3/10
LTIMindtree : LTIMindtree shares fell over 2 percent intraday after the company posted an in-line set of results for the April-June quarter (Q1FY26). While brokerages maintained their ratings on the stock following the Q1 numbers, they indicated limited upside from current levels. For the June quarter, LTIMindtree reported a 10.6 percent rise in net profit to Rs 1,254.1 crore. Revenue from operations increased 7.6 percent to Rs 9,840.6 crore, compared to Rs 9,142.6 crore in the same quarter of FY25.
4/10
Bharat Dynamics: The shares of defence companies recorded significant losses on July 18, as investors may have continued to book profits at elevated levels. The sharp fall in the share prices pushed the Nifty India Defence index down around 2.2 percent to hover around 8,173 in the afternoon. Bharat Dynamics shares closed over 4 percent lower.
Route Mobile: Shares of Route Mobile tumbled as much as 5 percent after the company reported a weak set of numbers for the first quarter of FY26. Route Mobile reported a 32.23 percent year-on-year decline in net profit to Rs 53.21 crore for the quarter ended June 2025, compared to Rs 78.52 crore in the same period last year.
6/10
Clean Science & Tech: Clean Science & Tech fell 8 percent on July 18 after the company reported its June quarter results and management shared commentary on a potential promoter stake sale. For the June quarter, Clean Science’s revenue rose 8 percent year-on-year to Rs 240 crore, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew 5 percent over the same period to Rs 100 crore.
7/10
Wipro: Shares of Wipro surged over 2 percent to Rs 266 after the company reported a June quarter performance that was better than expected, driven by strong execution of large deals. However, brokerages remain in a wait-and-watch mode as the management has guided for a stronger recovery in the second half of this fiscal year.
8/10
Polycab India: Polycab India shares gained 3 percent intraday after Citi Research and UBS dished out bullish calls on the stock following its first quarter earnings. Net profit for the quarter increased by 50 percent from the year-ago quarter to Rs 600 crore, while revenue from operations for the quarter increased by 25.7 percent to Rs 5,906 crore.
Tata Communications: Tata Communications shares closed 2 percent higher. The company posted a 43 percent dip in consolidated profit to Rs 190.14 crore in the first quarter ended June 30, 2025. The company had posted a net profit of Rs 332.93 crore in the same period a year ago.
10/10
Godrej Properties: Shares of Godrej Properties extended their winning streak to a fifth consecutive session, rising over 1 percent, after the company announced the acquisition of a 48-acre land parcel in Bengaluru, Karnataka. Over the past five trading days, the stock of this real estate company has gained 6 percent, compared with a 0.5 percent decline in the benchmark Nifty 50 index.
