IKIO Technologies Ltd emerged as the standout performer on Friday, August 28, with shares surging up to 14% from Thursday's closing price of ₹186.14 during intraday trade. According to latest reports, this marked the stock's biggest single-day rise for August 2026. The LED lighting solutions provider has demonstrated strong momentum with an 8% advance over the five-day period and a nearly 20% rise year-to-date. The stock has gained over 2% in the trailing 12 months, though it remains 18% below its 52-week high of ₹248.88 and more than 103% above its 52-week low of ₹103.53.
Market participation in IKIO Technologies was robust, with over 96 thousand shares being traded intraday at approximately 8.25 times the stock's 10-day average volume, as reported by latest market data. The company's shares have closed in green during three out of the last 10 trading sessions. IKIO Technologies, previously listed as IKIO Lighting Limited, operates in the original design manufacturing (ODM) of LED lighting, switches and reverse voltage (RV) components. The stock made its market debut on June 16, 2023, listing at ₹391 apiece on BSE against an issue price of ₹270-285, while debuting on NSE at ₹392.50, representing a 37.7% premium to the issue price.
GNG Electronics also posted impressive gains, with shares rising up to 7% from Thursday's closing price of ₹580.25 during intraday trade on Friday, August 28. According to CNBC TV18, this marked the stock's biggest monthly gain for August 2026. The Mumbai-based refurbished IT equipment company, which restores and resells used laptops, desktops and other electronic devices, has demonstrated exceptional performance with shares rising almost 100% in 2026 so far and over 83% in the trailing 12 months. The stock is currently 11.3% away from its 52-week high of ₹689.50 and around 159% above its 52-week low of ₹239.
As reported by CNBC TV18, GNG Electronics recently reported strong first quarter earnings, with profit rising 56.2% to ₹28.9 crore from ₹18.5 crore in the previous year. The company's revenue increased 32.1% to ₹412 crore from ₹312 crore across the same period. EBITDA grew 52.8% to ₹49.2 crore from ₹32.2 crore in the previous fiscal, while margin expanded to 11.93% from 10.31%.
