Gainers & Losers: Top stocks that moved the most on August 30

About 2,115 shares advanced, 1,630 shares declined, and 117 shares unchanged.

Indian benchmark indices extended bull run for the ninth straight day. At close, the Sensex was up 321.64 points or 0.39 percent at 82,456.25, and the Nifty was up 83.90 points or 0.33 percent at 25,235.90. About 2,115 shares advanced, 1,630 shares declined, and 117 shares unchanged.

Sugar stocks | Sugar stocks were in for a sweet surprise on Dalal Street on August 30, thanks to a new government policy allowing sugar mills to produce ethanol from cane juice or syrup for the upcoming Ethanol Supply Year (ESY) 2024-25. Nearly all sugar companies saw their shares rise, with Dalmia Bharat Sugar, Shree Renuka Sugar, Triveni Engineering, and Bajaj Hindusthan climbing up to 16 percent.

Fortis Healthcare | CMP: Rs 551 | The stock soared 4.5 percent to an all-time high of Rs 563 on August 30, fuelled by a spike in trading volumes in the counter. Heavy trading volumes were seen in the counter as 26 lakh shares changed hands on the exchanges so far, significantly higher than the one-month daily traded average of 20 lakh shares.

Bharti Airtel | CMP: Rs 1,586 | The stock rose close to 3 percent and hit a record high of Rs 1,608.40 on August 30, as the Supreme Court reviews the curative petitions filed by Bharti Airtel and Vodafone Idea in the Adjusted Gross Revenue (AGR) case.

Tata Elxsi | CMP: Rs 7,960 | The stock continued their upward march, scaling fresh highs, adding another five percent on August 30 to take the gains to 15 percent in five sessions, riding on the heavy trading volumes in the counter.

Lupin | CMP: 2,245 | The pharma surged 3 percent to Rs 2,57, a fresh all-time, on August 30 after international brokerage firm Nomura recommended a 'buy' call on the counter and raised the target price. With a target price of Rs 2,427, Nomura envisions a 9 percent upside from the last close on the NSE. It expects improved growth and profitability across key markets, which could position the company for a premium over peers.

City Union Bank | CMP: Rs 171 | The stock jumped up to 4 percent on August 30 amid heavy volumes. Recently, the Tamil Nadu-based lender opened a new branch in Trichy - taking the total number of branches count to 807.

SpiceJet | CMP: Rs 62 | The stock fell sharply by 6 percent on August 30 after aviation watchdog Directorate General of Civil Aviation (DGCA) placed the airline under ‘enhanced surveillance.’ This measure includes more frequent spot checks and night surveillance to ensure the safety of SpiceJet’s operations.

Patel Engineering | CMP: Rs 57 | The stock jumped up to 6 percent on August 30 after the company said that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL), a state-owned railway company.

ITI | CMP: Rs 302 | The telecom equipment company jumped over 4 percent after the company announced that it has secured its first Electronic Voting Machine (EVM) order from the State Election Commission (SEC) of West Bengal.

Garden Reach Shipbuilders and Engineers | CMP: Rs 1,813 | The stock jumped over 7 percent on August 30 after it signed an MoU with National Highway Infrastructure Development Corporation for the fabrication, supply, and launching of Double-Lane Class 70 Modular steel & Bailey bridges