From Paytm to Radico Khaitan, here are the best performing stocks of August 30, 2024
On August 30, 2024, several stocks across different sectors displayed impressive performance, reflecting positive momentum in the Indian stock market. The top gainers of the day hailed from industries such as online services, sugar, breweries, private banking, heavy engineering, and real estate. Below is a detailed look at the best-performing stocks of the day.
1. One 97 Communications (Paytm) – Online Services
- Closing Price: ₹617.25
- Change: ₹62.75
- Percentage Gain:32%
One 97 Communications, the parent company of Paytm, emerged as the top gainer with an 11.32% increase in its stock price. Paytm is a major player in the Indian fintech space, offering digital payments, financial services, and e-commerce platforms.
2. Triveni Engineering & Industries Ltd. – Sugar
- Closing Price: ₹476.80
- Change: ₹37.70
- Percentage Gain:59%
Triveni Engineering, a significant entity in the sugar industry, witnessed an 8.59% gain in its stock price. The company operates in sugar manufacturing, power cogeneration, and distillery businesses.
3. Radico Khaitan Ltd. – Breweries & Distilleries
- Closing Price: ₹1,964.00
- Change: ₹146.40
- Percentage Gain:05%
Radico Khaitan, a key player in India’s liquor industry, recorded an 8.05% increase. The company is renowned for its wide range of alcoholic beverages, including premium brands like Magic Moments Vodka and 8 PM Whisky.
4. AU Small Finance Bank Ltd. – Private Sector Banks
- Closing Price: ₹682.30
- Change: ₹41.95
- Percentage Gain:55%
AU Small Finance Bank, a prominent private sector bank, saw a 6.55% rise in its stock price. The bank provides a variety of financial services, particularly targeting underserved segments in rural and semi-urban areas.
5. Praj Industries Ltd. – Heavy Engineering
- Closing Price: ₹775.35
- Change: ₹46.40
- Percentage Gain:37%
Praj Industries, a leader in heavy engineering, particularly in bioenergy and environmental solutions, experienced a 6.37% increase in its stock price. The company is known for its technological solutions in bioethanol production and wastewater treatment.
6. Shree Renuka Sugars Ltd. – Sugar
- Closing Price: ₹50.37
- Change: ₹2.96
- Percentage Gain:24%
Shree Renuka Sugars, one of India’s largest sugar producers, posted a 6.24% gain. The company is involved in sugar production, ethanol, and power generation.
7. Prestige Estates Projects Ltd. – Real Estate
- Closing Price: ₹1,829.15
- Change: ₹103.60
- Percentage Gain: 6%
Prestige Estates, a leading real estate developer, recorded a 6% increase in its stock price. The company has a vast portfolio of residential, commercial, and retail properties in major cities across India.
8. Garden Reach Shipbuilders & Engineers Ltd. – Heavy Engineering
- Closing Price: ₹1,842.30
- Change: ₹85.25
- Percentage Gain:85%
Garden Reach Shipbuilders & Engineers, a prominent name in the heavy engineering sector, particularly in shipbuilding, saw its stock rise by 4.85%. The company is involved in designing and building ships for the Indian Navy and Coast Guard.
9. Rail Vikas Nigam Ltd. – Miscellaneous
- Closing Price: ₹606.95
- Change: ₹27.15
- Percentage Gain:68%
Rail Vikas Nigam, a government-owned entity focusing on rail infrastructure development, posted a 4.68% gain in its stock price. The company plays a crucial role in the expansion and modernization of the Indian railway network.
10. UNO Minda Ltd. – Auto Ancillaries
- Closing Price: ₹1,179.45
- Change: ₹52.60
- Percentage Gain:67%
UNO Minda, a key supplier of automotive components, particularly headlamps and lighting systems, saw its stock price rise by 4.67%. The company is a major player in the auto ancillaries sector, serving a wide range of automotive manufacturers.
