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Unusual Movements in BSE 500 Stocks: April, 16 2026

By HDFC SKY | Updated at: Apr 16, 2026 11:48 AM IST

Unusual Movements in BSE 500 Stocks: April, 16 2026
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ABDL(+8.4%): Allied Blenders and Distillers have launched Zoya Pink Mix Berries Gin through subsidiary ABD Maestro at ₹2,500 in Maharashtra. The premium gin features strawberry, cranberry, blackberry, and raspberry infusions in a small-batch production format, targeting India’s expanding craft spirits market with planned nationwide rollout.
Sun Pharma(-4.2%): Shares of Sun Pharmaceutical Industries Limited fell after reports suggested the company is moving ahead with a binding $12 billion offer for Organon & Co. An Economic Times report said the Mumbai-based drugmaker has completed over three months of detailed due diligence and is now finalising a financing package ahead of submitting a firm offer in the coming weeks.
Infosys(-3.3%) / Coforge (-3.3%): Market speculation suggests the fall may be on the back of Anthropic‘s new controversial tool Mythos. Anthropic’s 244-page System Card described Mythos as “too powerful to release” due to its unprecedented ability to exploit software vulnerabilities.
TCS(-3.2%): TCS posted a Q4 FY26 consolidated net profit of Rs 13,718 crore, a jump of nearly 29 % from the previous quarter, broadly in line with estimates. Revenue from operations rose 5.4 percent quarter-on-quarter to Rs 70,698 crore, ahead of the poll estimate of 3.4 percent growth. While the company reported results largely in line with the Street’s estimate, brokerages remained divided on growth outlook. Most brokerages cited deal wins and artificial intelligence (AI) traction as key positives, while Motilal Oswal Financial Services flagged FY26 as another year of underperformance with recovery remaining patchy.
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