What Are Top Gainers?
Top gainers are stocks that have seen the most significant percentage rise in price over a specific timeframe, usually within a single trading day. This substantial price movement suggests robust investor enthusiasm and a favorable market outlook.
Top Monthly Gainers August 2024
Here’s a table showcasing the stocks with the top monthly gainers in August 2024:
| Monthly Gainers | LTP | Change % | Monthly Change % | Volume |
| Bajaj Auto Limited | 10808 | 151.10 (1.4%) | 13.90% | 693.5K |
| Bajaj Finserv Limited | 1756 | 42.15 (2.5%) | 10.70% | 5.5M |
| Shriram Finance Limited | 3201 | -1.35 (0.0%) | 9.40% | 1.2M |
| Bharat Petroleum Corporation Limited | 356.5 | 8.30 (2.4%) | 8.40% | 13.1M |
| HCL Technologies Limited | 1752 | 32.40 (1.9%) | 7.10% | 5.1M |
| Tech Mahindra Limited | 1647 | 20.00 (1.2%) | 6.90% | 2.2M |
| LTIMindtree Limited | 6132 | 4.55 (0.1%) | 5.90% | 613.1K |
| Asian Paints Limited | 3116 | -9.65 (-0.3%) | 5.60% | 849.9K |
| SBI Life Insurance Company Limited | 1844 | 0 | 5.30% | 2.2M |
| Sun Pharmaceutical Industries Limited | 1799 | -12.65 (-0.7%) | 5.00% | 3.2M |
Introduction Of Top Gainers This Month August 2024
Bajaj Auto Limited:
Bajaj Auto Limited is a leading manufacturer of two-wheelers and three-wheelers globally, renowned for its motorcycles, scooters, and auto-rickshaws that combine quality and innovation in affordable transportation solutions. The company has a significant export presence, serving numerous markets around the world.
Bajaj Finserv Limited:
Bajaj Finserv Limited operates in the Indian financial services sector, offering a diverse range of financial products including insurance, wealth management, and lending solutions to individuals and businesses. It is recognized for its innovative use of technology to simplify financial services.
Shriram Finance Limited:
Shriram Finance Limited is one of India’s largest asset financing companies, specializing in commercial vehicle loans and consumer finance, with a strong presence in rural and semi-urban India. The company also provides financial services to small businesses and micro-entrepreneurs.
Bharat Petroleum Corporation Limited:
Bharat Petroleum Corporation Limited is one of India’s leading state-controlled oil and gas companies, involved in refining, distributing, and marketing petroleum products across the country. It also has ventures in upstream and downstream petroleum sectors, including exploration and production.
HCL Technologies Limited:
HCL Technologies Limited is a global IT services company from India, providing software services, IT infrastructure management, and business process outsourcing solutions to a wide array of industries. The company is also known for its commitment to sustainability and ethical business practices.
Tech Mahindra Limited:
Tech Mahindra Limited specializes in providing IT solutions and services, including digital transformation, consulting, and business re-engineering solutions to enterprises across various sectors worldwide. It also offers cutting-edge solutions in blockchain, artificial intelligence, and IoT.
LTIMindtree Limited:
LTIMindtree Limited is a merger between Larsen & Toubro Infotech and Mindtree, creating a major IT services entity focused on digital transformation services and tailored IT solutions. The combined entity aims to leverage synergies to drive innovation and deliver enhanced value to clients.
Asian Paints Limited:
Asian Paints Limited is India’s largest and Asia’s third-largest paint company, offering a wide range of paints, coatings, and home décor products for both residential and commercial consumers. It is celebrated for its color consultancy services and innovative product offerings.
SBI Life Insurance Company Limited:
SBI Life Insurance Company Limited is a leading life insurance provider in India, offering a comprehensive portfolio of life insurance and pension products, and is a joint venture between the State Bank of India and BNP Paribas. The company is also noted for its extensive reach and deep penetration in the Indian market.
Sun Pharmaceutical Industries Limited:
Sun Pharmaceutical Industries Limited is the largest pharmaceutical company in India and a global leader in generics, with a strong portfolio in branded generics, specialty generics, APIs, and complex therapies. The company focuses on therapeutic areas such as psychiatry, neurology, cardiology, and gastroenterology.
Top Gainers Monthly August 2024 – FAQs
Gainers in stocks are equities that have risen in value during a defined period, often signaling positive market sentiment and heightened investor expectations or improved company performance from earlier sessions.
Gains in stocks are achieved when the sale price surpasses the purchase price, yielding a profit. This gain is actualized when shares are sold for more than their initial purchase price.
Top gainers are identified by the highest percentage growth in their price from the previous trading day’s close. Stocks that exhibit the most substantial percentage increases within a specified timeframe are noted as top gainers.
Investing in top gainers can carry risks, as such stocks may be near their peak, potentially leading to increased volatility. Thorough research to understand the reasons behind their gains and careful timing are essential before making investment decisions.
To effectively invest in top gainers, actively track market performance, utilize financial news updates, stock screeners, and analytical tools to spot stocks with rapid appreciation. It is important to evaluate the market environment and the durability of the stocks’ upward trend prior to investing.
Disclaimer: The above news is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
