TOP GAINERS AT OPEN
HDFC Bank shares rose more than 2% at market open after the bank said Sashidhar Jagdishan would retire as MD & CEO effective October 26, 2026, and would not seek reappointment. Sources told CNBC-TV18 that former SBI Chairman Dinesh Khara was among candidates being considered by the board for the role, among several other contenders. The company’s shares had fallen almost 26% since the beginning of the year and more than 22% in the past year. The stock was 4% away from hitting its 52-week low of ₹707. Over 2 crore shares of the company were traded at 1.20 times the stock’s 10-day average.
New India Assurance Company shares rose more than 5% at market open. The company’s shares had risen more than 26% since the beginning of the year and more than 3% in the past year. The stock was at a 10.5% decline from its 52-week high of ₹218 and 68.5% away from hitting its 52-week low of ₹116.97. Over 78 lakh shares of the company were traded on the stock market at 5.36 times the stock’s 10-day average.
Transformers And Rectifiers shares rose up to 5% at market open after the company received a large manufacturing order in the range of ₹100-500 crore from Megha Engineering and Infrastructures. The company’s shares had risen more than 3% since the beginning of the year and plummeted more than 36% in the past year. The stock was at a 73.2% decline from its 52-week high of ₹552 and 42.1% away from hitting its 52-week low of ₹224.05. Over 76 lakh shares of the company were traded at 5.31 times the stock’s 10-day average.
Ather Energy shares rose up to 3% at market open after the company launched Konarc, a new electric scooter priced at ₹99,999, aimed at making EVs mainstream, on Saturday, August 29. The company’s shares had risen more than 122% since the beginning of the year and almost 237% in the past year. The stock hit its 52-week high of ₹1,674.80 in early trade. Over 51 lakh shares of the company were traded at 1.47 times the stock’s 10-day average.
TOP LOSERS AT OPEN
Zee Entertainment shares fell up to 7% at market open after founder-chairman Subhash Chandra issued a fresh statement on the settlement order in his personal insolvency proceedings before the NCLT, under which creditors would recover just ₹6.5 crore against admitted claims of ₹22,006.57 crore, a recovery of about 0.03% and a haircut of roughly 99.97%. The company’s shares had risen more than 4% since the beginning of the year while falling more than 17% in the past year. The stock was at a 29.4% decline from its 52-week high of ₹121.80 and 38.3% away from hitting its 52-week low of ₹68. Over 1 crore shares of the company were traded at 0.61 times the stock’s 10-day average.
NMDC Steel shares fell more than 5% at market open. The company’s shares had risen more than 5% since the beginning of the year and more than 22% in the past year. The stock was at a 15.4% decline from its 52-week high of ₹53.75 and about 41% away from hitting its 52-week low of ₹33.01. Over 55 lakh shares of the company were traded at 0.28 times the stock’s 10-day average.
Newgen Software Technologies shares fell more than 5% at market open. The company’s shares had fallen more than 35% since the beginning of the year and more than 39% in the past year. The stock was at almost a 94% decline from its 52-week high of ₹1,041.95 and about 34% away from hitting its 52-week low of ₹401.05. Over 7 lakh shares of the company were traded at 0.45 times the stock’s 10-day average.
Syrma SGS Technology shares fell up to 4% at market open. The company’s shares had risen more than 97% since the beginning of the year and more than 87% in the past year. The stock was at an 8.6% decline from its 52-week high of ₹1,543. Over 6 lakh shares of the company were traded at 0.70 times the stock’s 10-day average.
Also Read: Stocks to Watch for August 31: Ola Electric, Mahindra & Mahindra, HDFC Bank, NBCC and more
