Unusual Movements in BSE 500 Stocks

Authored By Prime Research | Last Modified: Apr 22, 2026 03:28 PM IST

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ABB (+4.6%)

Company said that demand had remained resilient despite uncertainties triggered by the Middle East conflict, as the Swiss engineering company raised its full-year sales outlook. ABB said it now expected its 2026 sales to increase by a high single-digit to low double-digit percentage, up slightly from its previous view for comparable annual revenue growth of 6-9%. Company will invest approximately $75 million to expand manufacturing footprint and R&D capabilities in all business areas in India. These expanded facilities will support growth prospects in India as well as enhance capabilities to serve other markets in the region.

Persistent Systems(-4.3%)

Persistent Systems’ profit for the fourth quarter (January-March) of financial year 2025-26 (Q4FY26) grew 33.7% to ₹529.2 crore year-on-year (Y-o-Y), compared to ₹395.7 crore recorded in Q4FY25. On a sequential basis, profit was up 20.4%. Revenue for the quarter at ₹4,055.9 crore was up 25% Y-o-Y. On a sequential basis, revenue was up 7.3%.

TARIL (-8.5%):

TARIL reported 3.3 % year-on-year (YoY) decline in consolidated profit after tax at ₹91.1 crore against ₹94.17 crore in Q3FY25. Revenue from operations grew 15.7% YoY to ₹782.67 crore from ₹676.48 crore in a year ago quarter. EBITDA margin contracted 210 bps to 17.5% against 20.2 %.

HCL Tech(-9.8%)

The IT major reported net profit of Rs 4,488 crore for Q4FY26, up 10.1 percent sequentially and 4.2 percent year-on-year, but below the estimates of Rs 4,696 crore. Revenue stood at Rs 33,981 crore, rising 0.3 percent quarter-on-quarter and 12.4 percent year-on-year, also missing expectations. The outlook further dampened sentiment, with HCL Tech guiding for FY27 revenue growth of 1-4 percent in constant currency, below Street expectations. Services growth is expected at 1.5-4.5 percent, while EBIT margin is guided at 17.5-18.5 percent.

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