Synopsis: 11 stocks, including MOIL, DCM Shriram International, Rudrabhishek Enterprises, Oil Country Tubular, and Aksh Optifibre, hit the 20% upper circuit, reflecting strong buying interest and rising investor sentiment in the segment.
On March 17, 2026, several stocks hit the 20 percent upper circuit, reflecting strong buying interest in the market. This sharp rise highlights increasing investor confidence in micro-cap companies. However, investors should stay cautious, conduct proper research, and avoid chasing sudden price spikes to minimize the risk of potential losses. Here is the list of stocks that reached their 20 percent upper circuit:
MOIL Limited
With a market capitalization of Rs. 6,059.79 crores, the shares of MOIL Limited hit a 20 percent upper circuit of Rs. 297.80 per share on Tuesday, up from its previous closing price of Rs. 248.20 per share.
MOIL Limited was founded in 1962 and is an Indian state-owned mining company primarily engaged in the extraction and processing of manganese ore. Headquartered in Nagpur, Maharashtra, it is one of the largest producers of manganese ore in India and a key supplier to the country’s steel industry.
Rudrabhishek Enterprises Limited
With a market capitalization of Rs. 140.09 crores, the shares of Rudrabhishek Enterprises Limited hit a 20 percent upper circuit of Rs. 79.39 per share on Tuesday, up from its previous closing price of Rs. 66.16 per share. Since then, the stock has retreated and is currently trading at Rs. 77.74 per equity share.
Rudrabhishek Enterprises Limited was founded in 1992 by Pradeep Misrais and engaged in providing engineering consultancy, project management, urban infrastructure planning, and sustainability services for government and private sector projects in India.
Oil Country Tubular Limited
With a market capitalization of Rs. 230.63 crores, the shares of Oil Country Tubular Limited hit a 20 percent upper circuit of Rs. 44.36 per share on Tuesday, up from its previous closing price of Rs. 36.97 per share.
Oil Country Tubular Limited (OCTL) was founded in 1985 and is an Indian manufacturing company specializing in oil country tubular goods (OCTG) and drill pipes used in the exploration and production of oil and natural gas. It is a key domestic supplier to India’s energy sector and exports to several international markets.
Mittal Life Style Limited
With a market capitalization of Rs. 37.73 crores, the shares of Mittal Life Style Limited hit a 20 percent upper circuit of Rs. 0.85 per share on Tuesday, up from its previous closing price of Rs. 0.71 per share.
Mittal Life Style Limited was founded in 2005 and is an Indian textile and apparel manufacturing company specializing in denim fabrics and related products. Based in Mumbai, the firm is recognized for its role in the domestic denim market and its broad range of fabric varieties catering to jeans and casual wear manufacturers across India.
Ramdevbaba Solvent Limited
With a market capitalization of Rs. 168.49 crores, the shares of Ramdevbaba Solvent Limited hit a 20 percent upper circuit of Rs. 73.70 per share on Tuesday, up from its previous closing price of Rs. 61.45 per share.
Ramdevbaba Solvent Limited was incorporated in 2008 and is an Indian agro-processing and edible oil company based in Maharashtra, focused primarily on rice bran oil and its by-products. It supplies refined rice bran oil to major FMCG players and also sells branded consumer packs, alongside a range of animal-feed and industrial by-products.
DCM Shriram International Limited
With a market capitalization of Rs. 732.82 crores, the shares of DCM Shriram International Limited hit a 20 percent upper circuit of Rs. 84.24 per share on Tuesday, up from its previous closing price of Rs. 70.20 per share.
DCM Shriram International Limited is an Indian public company of the DCM Shriram Industries Limited group, focused on rayon and nylon-based industrial fibers and related international businesses. It has evolved into a diversified industrial and manufacturing platform with growing global trade and engineering activities.
Aksh Optifibre Limited
With a market capitalization of Rs. 79.72 crores, the shares of Aksh Optifibre Limited hit a 20 percent upper circuit of Rs. 5.06 per share on Tuesday, up from its previous closing price of Rs. 4.22 per share. Since then, the stock has retreated and is currently trading at Rs. 4.90 per equity share.
Aksh Optifibre Limited is engaged in manufacturing optical fiber cables, providing telecom infrastructure solutions, and offering broadband and digital connectivity services across India and global markets.
D & H India Limited
With a market capitalization of Rs. 220.67 crores, the shares of D & H India Limited hit a 20 percent upper circuit of Rs. 215.60 per share on Tuesday, up from its previous closing price of Rs. 179.70 per share.
D & H India Limited is an Indian manufacturing company specializing in welding consumables and metallurgical cored wires, with a strong presence in welding electrodes and related products. It supplies a wide range of welding solutions to core industrial sectors such as infrastructure, power, steel, and shipbuilding.
Shalimar Wires Industries Limited
With a market capitalization of Rs. 77.81 crores, the shares of Shalimar Wires Industries Limited hit a 20 percent upper circuit of Rs. 18.20 per share on Tuesday, up from its previous closing price of Rs. 15.17 per share.
Shalimar Wires Industries Limited is an Indian public company specializing in industrial wire cloth, paper machine clothing, and filtration products. Established in 1962 near Kolkata, it supplies critical wire cloth and fabric solutions to the paper, pulp, filtration, and general process industries in India and overseas.
Vista Pharmaceuticals Limited
With a market capitalization of Rs. 45.61 crores, the shares of Vista Pharmaceuticals Limited hit a 20 percent upper circuit of Rs. 7.41 per share on Tuesday, up from its previous closing price of Rs. 6.18 per share.
Vista Pharmaceuticals Limited is engaged in manufacturing pharmaceutical formulations, healthcare products, and providing contract manufacturing services to domestic and international pharmaceutical companies.
Enbee Trade & Finance Limited
With a market capitalization of Rs. 79.75 crores, the shares of Enbee Trade & Finance Limited hit a 20 percent upper circuit of Rs. 0.45 per share on Tuesday, up from its previous closing price of Rs. 0.38 per share.
Enbee Trade & Finance Limited was incorporated in 1985 and is engaged in providing financial services, investment activities, and trading operations while functioning as a non-banking financial company in India.
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