Gainers & Losers: Top 10 stocks that moved the most on August 22
At close, the Sensex was down 693.86 points or 0.85 percent at 81,306.85, and the Nifty was down 213.65 points or 0.85 percent at 24,870.10. About 1695 shares advanced, 2205 shares declined, and 144 shares unchanged.
Bears snapped a six-session winning streak during the last trading day for the week on Friday, August 22, as investors rushed to book profits after a solid run-up. The Nifty 50 gave up the key support level of 25,000, while the Sensex took a 700-point tumble. Market participants awaited cues on interest rates from the upcoming Jackson Hole symposium for the next trigger.
2/11
Divis Laboratories | CMP Rs 6,151 | Shares rose as much as 3 percent on Friday, August 22, after global brokerage Citi turned upbeat on the stock, flagging attractive valuations and sector tailwinds. Citi reiterated its buy call with a price target of Rs 7,750, implying nearly 28.5 percent upside from the last close of Rs 6,028 per share on the NSE. The brokerage said the recent weakness in the stock offers a good entry point, dismissing concerns around Orforglipron, Eli Lilly’s oral GLP-1 candidate.
3/11
Defence Stocks | Stocks surged on August 22 after Russia intensified its attacks on Ukraine despite efforts by the US President Donald Trump-led administration to negotiate a peace deal between the two countries. DCX Systems shares rallied around 10.5 percent, while Hindustan Aeronautics, Bharat Electronics (BEL) and Paras Defence shares gained around 1 percent each.
4/11
Vodafone Idea | CMP Rs 7 | Stock price jumped over 9 percent on August 22 after a report said that the Prime Minister's Office (PMO) is set to take a call on a relief proposal for the telecom major. PMO had received an informal note from the Department of Telecommunication (DoT), proposing multiple relief options for the debt-ridden telecom company, Mint reported, citing people familiar with the matter.
Nazara Technologies | CMP Rs 1,157 | Shares slipped another 4 percent after it said its associate firm, Moonshine Technologies, which operates PokerBaazi and other card-based platforms, has ceased offering online games played with money. The firm sees no impact on its revenue or EBITDA since Moonshine’s revenue is not consolidated in the company’s financial statements.
6/11
Enviro Infra Engineers | CMP Rs 268 | Stock rose as much as 5.3 percent after the company announced that its subsidiary, EIE Renewables Pvt Ltd, has acquired Vento Power Infra Pvt Ltd from PTC India Financial Services for about Rs 115.6 crore in cash. The transaction, completed on August 20, gives Enviro Infra full ownership of the renewable energy developer, the company said in a regulatory filing on Thursday, August 21.
7/11
Lokesh Machines | CMP Rs 224 | Shares of the makers of special-purpose machines, small arms, and cylinder heads for vehicles, were locked in a 10 percent upper circuit after it bagged a registration certificate from the Director General of Quality Assurance (DGQA) to manufacture defence items. "This will extend our existing product portfolio and enable us to manufacture defence products at our in-house facility," the company said in an exchange filing on August 22.
8/11
FMCG Stocks | The shares of major FMCG companies dropped on August 22, pushing the Nifty FMCG index down for the second consecutive session. This comes after the stocks recorded strong gains for three consecutive sessions on optimism over prospective GST reforms. The index had gained nearly 4 percent between August 18 and August 20, after Prime Minister Narendra Modi hinted at the next generation of Goods and Services Tax (GST) reforms to be announced as a Diwali gift for consumers.
Texmaco Rail | CMP Rs 144 | The company's share price rose 2 percent following a supply order win of Rs 103 crore from Leap Grain Rail Logistics. Leap Grain Rail Logistics has awarded an order of Rs 103.16 crore for BCBFG wagons along with BVCM Brake Van to be delivered within 10 months.
10/11
Apollo Micro Systems | CMP Rs 235 | Shares rallied 15 percent to reach a new 52-week high of Rs 236.45 on the BSE. The surge in the stock price follows an announcement that the company has been declared the lowest bidder for orders worth Rs 25.12 crores from DRDO (Defence Research and Development Organisation) and other Defence PSUs (Public Sector Undertakings).
11/11
Mazagon Dock Shipbuilders | CMP Rs 2,700 | Shares slipped over 2 percent after brokerage firm JPMorgan believes that shares still have more downside in store, despite the stock having corrected 27 percent from its recent peak. The stock has declined during Friday's trading session. In a note on Friday, August 22, JPMorgan maintained its "underweight" recommendation on Mazagon Dock, with a price target of Rs 2,468, which implies a potential downside of another 11 percent from Thursday's closing levels.
![Nazara Technologies | CMP Rs x | Nazara Tech said on August 22 its associate firm, Moonshine Technologies, which operates PokerBaazi and other card-based platforms, has ceased offering online games played with money. Shares of the company extended losses after the announcement and were last trading 4% lower at Rs 1,158 apiece. "We wish to inform that, as a matter of abundant caution and in due respect of the Government’s mandate, Moonshine Technologies Private Limited (“Moonshine/Pokerbaazi”), an associate company in which Nazara Technologies Limited holds a 46.07% stake, has ceased offering real money online gaming operations," said the company in a stock exchange filing. The firm sees no impact on its revenue or Ebitda since Moonshine’s revenue is not consolidated in the company’s financial statements](https://images.moneycontrol.com/static-mcnews/2024/05/20240527123838_Xbox-gaming.png "Nazara Technologies | CMP Rs x | Nazara Tech said on August 22 its associate firm, Moonshine Technologies, which operates PokerBaazi and other card-based platforms, has ceased offering online games played with money. Shares of the company extended losses after the announcement and were last trading 4% lower at Rs 1,158 apiece. "We wish to inform that, as a matter of abundant caution and in due respect of the Government’s mandate, Moonshine Technologies Private Limited (“Moonshine/Pokerbaazi”), an associate company in which Nazara Technologies Limited holds a 46.07% stake, has ceased offering real money online gaming operations," said the company in a stock exchange filing. The firm sees no impact on its revenue or Ebitda since Moonshine’s revenue is not consolidated in the company’s financial statements")
![Lokesh Machines, makers of special purpose machines, small arms, and cylinder heads for vehicles, has bagged a registration certificate from the Director General of Quality Assurance (DGQA) to manufacture defence items, sending the shares of the company on 10 percent upper circuit. "This will extend our existing product portfolio and enable us to manufacture defence products at our in-house facility," the company said in an exchange filing on August 22.](https://images.moneycontrol.com/static-mcnews/2025/08/20241027112256_market13.png "Lokesh Machines, makers of special purpose machines, small arms, and cylinder heads for vehicles, has bagged a registration certificate from the Director General of Quality Assurance (DGQA) to manufacture defence items, sending the shares of the company on 10 percent upper circuit. "This will extend our existing product portfolio and enable us to manufacture defence products at our in-house facility," the company said in an exchange filing on August 22.")
