Gainers & Losers: Top stocks that moved the most on July 21

The benchmark equity indices bounced back after a weak start on Monday, with the Sensex rallying over 400 points and the Nifty reclaiming the 25,000-mark, led by buying in banking heavyweights ICICI Bank and HDFC Bank.

The shares of the parent company of Zomato gained 7.5 percent to close at Rs 276.50 apiece on NSE. This followed positive management commentary. The company reported 90 percent year-on-year (YoY) decline in quarterly profit after tax (PAT) at Rs 25 crore in the first quarter (Q1) of financial year 2025-26 (FY26), down from Rs 253 crore in the same period a year ago. Its revenue from operations rose 70.4 percent YoY to Rs 7,167 crore in Q1, up from Rs 4,206 crore a year ago. It had reported a revenue of Rs 5,833 crore in the previous quarter.

India's largest private lender HDFC Bank's shares rose 2% after the lender reported a 12 percent jump in net profit for the quarter ended June 30, 2025. Brokerages rushed to hike their target prices on the bank, expecting stronger growth in the second half of the current fiscal year. HDFC Bank posted a standalone net profit of Rs 18,155 crore for the quarter ended June 2025, marking a 12 percent rise from Rs 16,175 crore in the same period last year. Interest income for the quarter came in at Rs 77,470 crore, reflecting a 6 percent increase over the previous year.

Shares of ICICI Bank Ltd, India's second-largest private lender, gained nearly 3% in trade after investors and experts were positive of the bank's beat on net interest margins (NIMs) for the quarter ended June 30, 2025. ICICI Bank reported a 15 percent year-on-year increase in net profit to Rs 12,768.21 crore for the fiscal first quarter, beating analyst expectations. NII (net interest income), which are the difference between interest earned and interest expended, stood at Rs 21,634.46 crore for the June quarter, up 8.4 percent on-year.

Sona BLW Precision Forgings shares gained nearly 2% after a new joint venture in China. The company has partnered with Hubei-based Jinnaite Machinery Co. Ltd. (JNT) to manufacture and supply driveline systems for automotive OEMs in China and global markets. The joint venture, which is expected to become operational in the second half of FY26, will cater to both electric and internal combustion engine vehicle platforms. Sona Comstar will invest $12 million for a 60 percent stake and retain controlling interest, while JNT will hold the remaining 40 percent by bringing in $8 million worth of assets and operational business.

Shares of Laxmi Dental Ltd rallied 4 percent as the six-month lock-in period for certain pre-IPO shareholders ended today, freeing up a significant chunk of equity for potential trade. According to analysis by Nuvama Alternative & Quantitative Research, nearly 2.06 crore shares—or about 37 percent of the company’s outstanding equity—are set to become eligible for trading following the expiry of the lock-in. While these shares can now be sold in the open market, it does not necessarily mean that they will be, as the decision ultimately lies with the shareholders.

IRCON shares jumped more than 2 percent after the company's joint ventures received a project worth total value of Rs 755.78 crore. Rail Vikas Nigam Limited (RVNL) has awarded a Letter of Award for the project to the joint ventures of company with JPWIPL (i.e., IRCON – 70% & JPIWL – 30%).

BSE, Angel One, other capital market stocks rose up to 2.5% as reports said market regulator SEBI has allowed Jane Street to resume trading. SEBI has allowed Jane Street to restart trading after the US high-frequency trading firm deposited Rs 4,844 crore, two sources aware of the matter told Reuters on July 21. The regulator sent an email to the firm on July 18 in which it said that following the deposit of the money the restrictions imposed by its interim order are no longer applicable, reported Reuters.

RBL Bank shares sank over 3 percent intraday following the bank's earnings show for the quarter ended June. The bank reported a net profit of Rs 200 crore in the first quarter of FY26, showing a sharp rebound from Rs 69 crore in the previous quarter, although it remained 46 percent below the Rs 371.5 crore posted in the same period last year. Standalone income for the quarter rose slightly to Rs 4,510 crore compared to Rs 4,476 crore in Q4 FY25.

Bandhan Bank shares plunged more than 4 percent in the early trading hours of July 21, after the lender reported a 65 percent drop in net profit for the first quarter of the financial year 2026. Bandhan Bank had released its results in the post market hours of July 18 (Friday). The company's net profit stood at Rs 372 crore in Q1 FY26, marking a 65 percent on-year drop from the Rs 1,063 crore reported in the corresponding quarter of the previous financial year. The bank's total income for the quarter stood at Rs 6,201.49 crore, up marginally from Rs 6,081.73 crore in Q1 FY25. Its net interest income fell nearly 8 percent on-year to Rs 2,757 crore during the quarter under review.