May 21, 2026
Shares of Ola Electric crashed 6% on Thursday before closing the session at Rs 35.51, down 4% after brokerage Emkay Global said it sees up to 35% downside potential after the EV scooter-maker reported a 57% YoY drop in revenue from operations to Rs 265 crore in the fourth quarter of FY26. The company posted a 43% decline in net loss from Rs 870 crore in the year ago period.
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Shares of Jubilant Foodworks crashed nearly 8% on Thursday at Rs 435.65 after the Domino's India operator released its results for the fourth quarter of FY26, with brokerages reducing target prices citing multiple headwinds. The company reported a 66% YoY rise in net profit to Rs 80 crore while revenue from operations grew 19% YoY to Rs 2,499 crore.
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Shares of Protean eGov Technologies surged nearly 20% on Thursday to Rs 654.20 after the company reported its strongest-ever quarterly and annual performance, powered by robust momentum across both core and emerging business segments. The net profit was up 53% YoY while revenue expanded sharply, rising 38% to Rs 308 crore.
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Shares of Grasim Industries ended 6% higher at Rs 3,154 after the Aditya Birla Group flagship company reported a 28% YoY rise in consolidated net profit in Q4F at Rs 3,802 crore. Consolidated revenue from operations climbed 15% YoY to Rs 51,101 crore versus Rs 44,267 crore a year earlier.
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Shares of Apollo Hospitals Enterprise ended with over 3% gains after the company reported a consolidated net profit of Rs 529 crore in Q4 versus Rs 390 crore in the year-ago period, a 36% growth. The hospital chain posted an 18% revenue growth to Rs 6,605 crore in Q4FY26 versus Rs 5,592 crore in the corresponding quarter of the previous financial year.
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