Archive · 22 Jul 2026
Stocks Midday Movers: Bandhan Bank, Nestle, TVS Motor
On July 22, the Indian stock market was under pressure due to weak global cues and selling in various sectors.
However, some individual stocks performed well due to strong earnings.
Bandhan Bank's share price fell by 15% after it lowered its profitability outlook.
Nestle India and TVS Motor gained over 3% each after reporting strong quarterly results.
Pharma stocks declined due to proposed US tariffs on generic drugs.
HDFC Bank's share price fell by 1% after three consecutive losing sessions.
MTAR Technologies gained 5% after a recent losing streak, and MPS soared 19% after strong earnings and expansion plans.
Bandhan Bank's share price tumbled 15% after lowering its FY27 RoA guidance to 1.2-1.4%.
Nestle India's stock advanced over 3% after reporting a 48% year-on-year increase in Q1 profit.
TVS Motor's share price climbed over 3% after reporting its highest-ever quarterly profit.
Pharma stocks declined due to proposed US tariffs on generic drugs, with the Nifty Pharma index falling 1.7%.
MPS share price soared 19% after strong Q1 performance and plans to expand internationally.
- Who
- Investors, Companies (Bandhan Bank, Nestle India, TVS Motor, etc.)
- What
- Stock price movements due to earnings announcements and market conditions
- When
- July 22, midday
- Where
- Indian equity market
- Why
- Earnings announcements, market conditions, and proposed US tariffs on generic drugs
Market Optimism
Market Pessimism
Earnings Performance
Market Optimism
Strong earnings from Nestle India and TVS Motor boosted investor confidence.
Market Pessimism
Bandhan Bank's lowered profitability outlook led to significant selling.
Sector Performance
Market Optimism
Individual stocks like MPS and MTAR Technologies saw gains due to positive developments.
Market Pessimism
Pharma stocks declined due to proposed US tariffs on generic drugs.
- Date
- July 22
- Nifty Level
- 24,000
- Sensex Level
- 76,800
- Bandhan Bank RoA Guidance
- 1.2-1.4%
- Nestle India Q1 Profit
- Rs 958.7 crore
- TVS Motor Q1 Profit
- Rs 1,174 crore
- Proposed US Tariff on Generic Drugs
- 200%
- MPS Q1 Profit
- Rs 50 crore