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SENSEX, NIFTY rangebound; Reliance, Relaxo Footwear, Granules India among buzzing stocks

Upstox
By Upstox News Desk

4 min read | Updated on August 29, 2025, 12:52 IST

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SUMMARY

Shares of Relaxo Footwear rose as much as 9.33% to hit an intraday high of ₹489.50 on the back of heavier than usual trading volumes. Trading volume in Relaxo Footwear shares jumped 21 times to 21.21 lakh shares compared with an average trading volume of 1.02 lakh shares.

Stock list

GRANULES
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RELAXO
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RELIANCE
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Buzzing stocks

Shares of ARC Insulation & Insulators made a decent debut on the stock exchanges on Friday. Image: Shutterstock

The Indian equity benchmarks were trading in a narrow range in noon deals on Friday, August 29, as gains in Larsen & Toubro, ITC, Kotak Mahindra Bank, Trent and Hindustan Unilever were offset with losses in Infosys, Mahindra & Mahindra, Eternal, HDFC Bank and NTPC.

As of 12:27 pm, the SENSEX was up 107 points at 80,187 and NIFTY50 index rose 32 points to 24,532.

Here are buzzing stocks in Friday's session:
Relaxo Footwear: Shares of the Delhi-based footwear maker rose as much as 9.33% to hit an intraday high of ₹489.50 on the back of heavier than usual trading volumes.

Trading volume in Relaxo Footwear shares jumped 21 times to 21.21 lakh shares compared with an average trading volume of 1.02 lakh shares.

On the BSE, as many as 1.12 lakh shares changed hands as against an average of 52,000 shares traded daily in the past two weeks.

Granules India: Shares of the active pharmaceutical ingredient (API) maker rose as much as 8.93% to hit an intraday high of ₹509 on the back of heavier than usual trading volumes.

Trading volume on the National Stock Exchange more than doubled to 78.98 lakh shares compared with an average trading volume of 33.33 lakh shares.

On the BSE, as many as 4.2 lakh shares changed hands as against an average of 78,000 shares traded daily in the past two weeks.

Samvardhana Motherson: Shares of the Noida-based auto parts maker rose as much as 3.15% to hit an intraday high of ₹95 on the BSE after the company announced it will acquire an 81% stake in Japan’s Yutaka Giken Co Ltd (YGCL) for $184 million through its indirect subsidiary Motherson Global Investments B.V.

Company's board of directors considered and approved the acquisition of the 81% stake, along with voting rights in YGCL. Furthermore, it also approved the acquisition of an 11% stake in Shinnichi Kogyo Co., a subsidiary of YGCL, from Honda.

Honda Motor currently owns a 69.66% stake in it, with the rest owned by the public, the filing added. Post completion of all steps, Honda shall continue to own the remaining 19% voting rights shares in YGCL, SAMIL said.

CG Power: Shares of CG Power and Industrial Solutions were rallying on Friday, August 29, as the firm’s arm CG Semi Private launched its first Outsourced Semiconductor Assembly and Test (OSAT) plant in Gujarat.

Backed by central and state government support, and in collaboration with Renesas and Stars Microelectronics, CG Semi is investing over ₹7,600 crore (~$870 million) over five years to develop two state-of-the-art facilities (G1 and G2) in Sanand, Gujarat, the company said.

The G1 facility, inaugurated on Thursday, will operate at a peak capacity of approximately 0.5 million units per day. It is equipped to handle end-to-end chip assembly, packaging, testing, and post-test services.

Adani Power: Shares of Adani Power fell as much as 2% to hit an intraday low of ₹583 on the National Stock Exchange.
The country's leading private sector thermal power generator said it has received a letter of award (LoA) for 25 years of long-term procurement of electricity from Bihar State Power Generation Company Ltd. (BSPGCL), which it will supply from a 2,400 MW (800 MW x 3) greenfield ultra-supercritical plant to be set up at Pirpainti in the Bhagalpur district of Bihar.

BSPGCL awarded the LoA to APL on behalf of North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL), the two state utilities. This would be followed by the signing of the power supply agreement (PSA) between the entities.

Reliance Industries: Shares of the country's most valuable company were trading on a flat note ahead of its Annual General Meeting scheduled at 2:00 pm today.
Reliance Industries is likely to announce its telecom arm Jio's share sale via initial public offering (IPO) as the company looks to unlock value for its shareholders, Amit Kumar Gupta, founder of Fintrekk Capital, a SEBI-registered research analyst, told Upstox News.
ARC Insulation: Shares of ARC Insulation & Insulators, a leading manufacturer of fibre-reinforced plastic (FRP) composite products, made a decent debut on the stock exchanges on Friday, August 29.

The stock listed at ₹145 apiece on the SME platform of the National Stock Exchange (NSE), reflecting a premium of 16% over the issue price of ₹125.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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