Honeywell Automation, IRB Infrastructure, Sammaan Capital Among Top Gainers; Jubilant FoodWorks, PI Industries Top Losers

The Indian equity markets wiped out their entire intra-day gains on Thursday, May 21, due to heavy selling in IT, FMCG, and oil & gas sectors which resulted in losses in key benchmarks.

As at 2:00 PM, the Nifty 50 lost 14.55 points, or 0.06%, to close at 23,661.15, and the Sensex shed 158.74 points, or 0.21%, settling at 75,171.86.

Although the markets were trading lower, selected Nifty 500 scrips showed considerable volatility due to quarterly results and dividend payouts.

Honeywell Automation Share Price Jumped 14%

One of the biggest gainers from the Nifty 500 Index was Honeywell Automation India, whose operations involve providing industrial automation as well as software-based process solutions.

The shares of Honeywell Automation shot up by almost 14% and reached their highest point at Rs 34,500 compared to their last close of Rs 30,180. Volume was up at 1.01 lakh stocks traded on NSE, with the turnover reaching Rs 337.82 crore.

The reasons behind the increase include good Q4 FY26 performance as well as the declaration of a substantial dividend. The net profit grew by 14.15% YoY to Rs 159.7 crore, and revenues climbed by 5.93% to Rs 1,180.7 crore.

IRB Infrastructure Share Price Rose 12%

IRB Infrastructure Developers, which is one of India’s largest road and highway infrastructure companies, was yet another big winner on Thursday.

The IRB Infrastructure stock price was up by 11.81%, and touched an intra-day high of ₹23.95 from its previous closing of ₹21.13. Volume for the day was at 19.73 crore, and the turnover was ₹455.98 crore.

This stock’s performance can be attributed to their impressive Q4 FY26 results. The consolidated net profit saw a YoY rise of 38% to ₹296.3 crore. Additionally, the profit before tax saw a rise of 26% to ₹405.6 crore. Despite the 10.33% decline in revenue from operations, the earnings were up.

Sammaan Capital Share Price Gained 9%

Sammaan Capital, a housing finance company that was undergoing strategic restructuring, witnessed an increase of more than 9% owing to heavy trading activity.

The share price reached a high level of ₹158.60 compared to its previous day closing price of ₹141.80. The volume of trading increased to 9.93 crore stocks, whereas turnover was ₹1,529.54 crore.

The surge was witnessed despite poor quarterly profits as investors were confident about the future plans of the company after becoming a subsidiary of IHC Group based in Abu Dhabi.

Total asset under management for the firm stood at ₹53,160 crore as on March 2026, while its net worth was ₹18,991 crore. In addition to this, the company is looking forward to raising capital by issuing debt securities up to ₹10,000 crore.

Jubilant FoodWorks Share Price Fell Over 7%

Among the top losers in Nifty 500 stocks was Jubilant FoodWorks, who runs Domino’s Pizza and Popeyes in India.

Its shares fell 7.26% from ₹472.55 to ₹438.25, amid fears of weak growth in same-store sales and margins, despite good profit growth for the quarter.

PI Industries Share Price Tumbled Nearly 7%

PI Industries, an agrochemical and specialty chemicals company, fell 6.64% to ₹2,708.50 and hit its 52-week low during the session.

The decline followed disappointing Q4 FY26 earnings after the company reported a sharp fall in quarterly profit. Weak agrochemical demand and global destocking concerns also weighed on sentiment.

Conclusion

Select Nifty 500 stocks saw strong buying interest on May 21 driven by earnings, dividend announcements, and strategic developments. Honeywell Automation, IRB Infrastructure, and Sammaan Capital emerged as key gainers, while Jubilant FoodWorks and PI Industries remained under pressure due to earnings-related concerns and profit booking.