Top gainers and losers: Stocks that moved the most on August 29

Top gainers and losers: Stocks that moved the most on August 29

The Sensex slipped 270 points on Friday to close at 79,809.65, as renewed concerns over fresh US tariffs on Indian exports dampened risk appetite and kept foreign inflows subdued. Market breadth was weak, with 12 of 16 sectoral indices closing lower, underscoring broad-based pressure.

Still, there were pockets of resilience. Consumer-oriented stocks gained nearly 0.6%, supported by expectations that the upcoming GST Council meeting may bring in measures favourable to the sector.

On the index front, ITC and HDFC Bank provided notable support. Defensives and financials showed some resilience, but the overall mood stayed cautious.

Top Gainers

1. RBL Bank (CMP: Rs 261.05 ; up by 4.07%) RBL Bank shares went up by around 4.3% following Societe Generale's bulk purchase of 32.78 lakh shares at Rs 250.57 per share. This substantial institutional buying signaled confidence in the bank's prospects, giving a positive boost to its share price today.
2. Thejo Engineering (CMP: Rs 1939.30 ; up by 1.01%) Thejo Engineering shares rose about 4% due to plans for manufacturing expansion and technology upgrades, which investors expect will drive capacity growth and strengthen the company's competitive position in the market.
3. ITC Ltd (CMP: Rs 409.75 ; up by 2.21%) ITC gained over 2% today. The stock saw buying interest backed by steady domestic demand and optimism about the company’s diversified portfolio in FMCG, cigarettes, and packaged foods. ITC’s dividend yield and stable earnings outlook kept investor sentiment positive despite broader market weakness.
4. Shriram Finance (CMP: Rs 580.25 ; up by 1.50%) The gains were supported by expectations of a good quarter from the NBFC sector, along with improved credit demand and pickup in loans. Institutional buying and stability in the finance sector also helped its stock price. 5. Larsen & Toubro (CMP: Rs 3,601 ; up by 1.15%) The stock benefited from optimism around the company’s capital goods and infrastructure projects, which are expected to see steady execution and revenue inflows in the coming quarters.

1. Shanthala FMCG Products (CMP: Rs 38.50 ; down by 3.87%)

2. GSS Infotech (CMP: Rs 28.66 ; down by 12.62%)

The fall is attributed to weak market sentiment for technology stocks and lack of any positive triggers or news, leading to profit booking after a recent upmove. The company reported a consolidated net loss in its recent earnings, with standalone net sales for June 2025 down 6.97% year-over-year (announced on August 6, 2025).

3. KCK Industries (CMP: Rs 44.20 ; down by 9.15%)

KCK Industries is seeing continued low trading volumes and little investor interest, which has caused increased volatility and sharp downward movement. No major fundamental news combined with technical weakness and sector-specific selling activity likely drove the fall, with its intraday lowest being at -9.20%.

4. Adani Enterprises (CMP: 2,244.70 ; down by 1.34%)

The decline is linked to broader market weakness and some profit booking following prior gains. The stock fell as low as 1.55% at intraday. The modest drop is part of a continued multi-day decline (six consecutive sessions of losses in late August), amid broader Adani group pressures.

5. Apollo Hospitals (CMP: Rs 7,610 ; down by 1.53%)

The fall is related to profit booking after recent gains and uncertain outlook in the healthcare sector. The stock fell as much as 2% during trading today. The drop occurred on the day of the company's AGM (August 29, 2025), where a Rs 10 per share final dividend for FY25 was up for approval amid strong prior Q4 growth.

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