M&M Financial, Data Patterns and CRISIL were among the top gainers on July 22, supported by strong earnings and sectoral buying. On the downside, Bandhan Bank plunged after issuing weaker profitability guidance, while Gabriel India and PG Electroplast declined amid broader market selling pressure.
Indian equity markets remained under pressure on July 22 as rising crude oil prices amid ongoing US-Iran tensions affected investor sentiment. Higher crude prices raised concerns over inflation, fiscal pressure and corporate profitability due to India’s dependence on oil imports.
At 11:00 AM, the Nifty 50 declined 162.15 points or 0.67% to 24,025.55, while the Sensex fell 594 points or 0.77% to 76,875.71. Among Nifty 50 stocks, InterGlobe Aviation, Cipla and Axis Bank were the top losers.
The broader market also witnessed weakness, with the Nifty MidCap index declining 0.59% and the Nifty SmallCap index falling 0.92%. Sector-wise, Nifty Realty, Nifty PSU Bank and Nifty Pharma indices recorded the sharpest declines, while Nifty FMCG and Nifty Auto outperformed.
M&M Financial Share Price Surges 10% After Strong Q1FY27 Performance
Mahindra & Mahindra Financial Services Ltd (M&M Financial) emerged as one of the top gainers in the Nifty 500 index, with its share price rising up to 10% on July 22. The stock witnessed strong buying interest, with NSE trading volume rising to 2.6 crore shares compared with its 30-day average volume of 42.8 lakh shares.
M&M Financial is a non-banking financial company (NBFC) providing vehicle finance, rural finance and other lending solutions, mainly catering to semi-urban and rural customers.
The rally was triggered by the company’s strong Q1FY27 performance. As of June 30, 2026, assets under management (AUM) increased 13% year-on-year (YoY) to ₹1.37 lakh crore, while advances grew 22% to ₹15,564 crore.
Total income increased 12% YoY to ₹4,974 crore, while net interest income (NII) jumped 21% to ₹2,766 crore. Net interest margin improved by 60 basis points to 7.3%. Asset quality also improved, with gross non-performing assets (GNPA) declining 30 basis points to 3.5%.
Net profit surged 70% YoY to ₹899 crore, while return on assets (RoA) improved by 80 basis points to 2.4%. The strong profitability, improved asset quality and better growth outlook supported the stock’s rally.
Data Patterns Share Price Gains 7% on Defence Sector Buying
Data Patterns (India) Ltd gained 7% on July 22 and was among the major gainers in the Nifty 500 index. Trading activity increased, with NSE volume rising to 16 lakh shares compared with the 30-day average volume of 10.7 lakh shares.
Data Patterns operates in the defence electronics sector and designs and manufactures electronic systems and subsystems for defence and aerospace applications.
The stock gained due to strong investor interest in defence-related companies. No specific fresh company announcement was identified behind the movement, indicating that the rally was mainly driven by market buying interest.
CRISIL Share Price Climbs 5% After Strong Q2FY26 Results
CRISIL Ltd gained 5% on July 22 after reporting strong Q2FY26 results. The stock recorded trading volume of 2.36 lakh shares compared with its 30-day average volume of 61,250 shares.
The company’s income from operations increased 27.6% YoY to ₹1,075 crore, supported by 21.4% growth in the ratings business. Net profit increased 26.2% YoY to ₹216 crore, leading to positive investor sentiment.
Bandhan Bank Share Price Falls 16.71% After Lower RoA Guidance
Bandhan Bank Ltd was the biggest loser in the Nifty 500 index, with its share price declining 16.71% to ₹173.94. NSE volume crossed 10.35 crore shares amid heavy selling pressure.
The decline came despite the bank reporting a 35% YoY increase in Q1FY27 net profit to ₹501.7 crore. Investors reacted negatively to cautious management commentary, including lower FY27 exit RoA guidance and concerns over margin pressure due to higher deposit costs.
Gabriel India Share Price Drops 7.42%
Gabriel India Ltd declined 7.42% to ₹1,378 on July 22. The automotive component manufacturer, known for shock absorbers, suspension products and ride-control solutions, witnessed NSE volume of 19.03 lakh shares.
No specific negative company-related trigger was identified, suggesting that the fall was mainly due to market-driven selling and profit booking.
PG Electroplast Share Price Falls 5.20%
PG Electroplast Ltd declined 5.20% to ₹578.45. The company manufactures consumer electronics and plastic components, including air conditioners, washing machines and other electronic products.
The stock recorded NSE volume of 20.94 lakh shares. No fresh negative announcement was identified, indicating that the decline was driven by market sentiment and selling pressure.
Conclusion
On July 22, M&M Financial led the gainers after strong Q1FY27 results, with net profit rising 70% and asset quality improving. CRISIL gained following robust Q2FY26 performance, while Data Patterns benefited from buying interest in defence stocks. Meanwhile, Bandhan Bank faced sharp selling after lower profitability guidance, while Gabriel India and PG Electroplast declined due to market-driven pressure.
