The BSE Sensex rallied 1,534.16 points or 2.91% to close
at 54,326.39. During the day, it surged 1,604.2 points or 3.03% to 54,396.43.
The broader NSE Nifty gained 456.75 points or 2.89% to settle at 16,266.15.

The broader indices ended in green with the BSE Midcap
index up by 1.98% and the Smallcap index up by 2.13%. On the sectoral front,
the top gaining indices were Realty up by 4.22%, Metal up by 3.75%, Capital
Goods up by 3.14%, Industrials up by 3.05% and Healthcare up by 3.04%, while
there were no losing sectoral indices on the BSE.

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Here are the key stocks that moved the most on May 20:

Dr Reddy Labs: The share price surged 7.60% to close at
Rs 4,228.00 despite the company reporting a 76% year-on-year decline in
consolidated net profit at Rs 88 crore, significantly below analysts’
expectations of Rs 677 crore, largely due to impairment of non-current worth Rs
751.5 crore. The company reported a 15% YoY rise in consolidated revenues from
operations to Rs 5,437 crore.

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Ashok Leyland: The stock jumped 6.18% to close at Rs
130.50 after the commercial vehicle maker reported a 274% YoY jump in net
profit at Rs 901.4 crore for the fourth quarter. Total income came in at Rs
8,744.3 crore during the period, up 24.9% from Rs 7,000.5 crore in the
corresponding quarter of the previous financial year. Its truck market share
for the March 2022 quarter improved to 30.6% against 28.9% in the same quarter
of previous financial year, the highest share seen in the last 11 quarters.

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Hindustan Aeronautics: The share price surged 3.82% to
close at Rs 1,750.10 after the company announced that the Type Certification of
the first Indigenous Light Transport civil passenger aircraft ‘Hindustan
228-201’ was handed over today by the Directorate General of Civil Aviation
(DGCA) to Transport Aircraft R&D Center, HAL Kanpur at DGCA HQ New Delhi.
It said this was the first Type Certified fixed-wing aircraft in India
complying with the latest FAR 23 certification requirement which is a major
milestone towards the vision of building a new Atmanirbhar Bharat.

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Godrej Consumer: The stock price fell 4.35% to close at
Rs 761.00 after the firm reported a 1% decline in net profit to Rs 363 crore
for the March 2022 quarter due to a slowdown in consumption and high commodity
prices. Revenue surged 7% YoY to Rs 2,920 crore. Total cost surged 12% YoY to
Rs 2,540 crore.

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NTPC: The stock surged 0.91% to close at Rs 149.35 after
the company reported a 14% growth in consolidated net profit at Rs 5,167 crore
in the fourth quarter of the financial year 2022 compared with Rs 4,542 crore
reported in the year-ago period. Consolidated revenue for the state-owned
utility major surged 23% YoY to Rs 37,085 crore from Rs 30,103 crore in the
year-ago period. The company board has recommended a final dividend of Rs 3 per
share for fiscal 2022.