Today, many stocks hit their 20 percent daily limit, indicating strong investor interest in small, fast-growing companies. This surge suggests that investors are increasingly willing to take risks and see potential in undervalued sectors. However, such rapid gains can be volatile, so investors should proceed with caution and conduct thorough research before making any decisions.
Here is a list of stocks that hit their 20 percent upper circuit limit:
Bajaj Consumer Care Limited
Bajaj Consumer Care Limited is a leading player in the Indian personal care sector, best known for its flagship brand Bajaj Almond Drops Hair Oil. The company operates in the fast-moving consumer goods (FMCG) space, focusing on hair oils and related products.
With a market capitalization of Rs. 2,780.80 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 202.90 per share on Tuesday, up from its previous closing price of Rs. 169.09 per share.
Mukand Limited
Mukand Limited is a diversified company engaged in the manufacturing of specialty steel, stainless steel, and industrial machinery. It serves sectors such as automobiles, engineering, and infrastructure, and is recognized for its integrated steel plants and engineering capabilities.
With a market capitalization of Rs. 1,985.37 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 137.40 per share on Tuesday, up from its previous closing price of Rs. 114.50 per share.
The Western India Plywoods Limited
The Western India Plywoods Limited is a prominent manufacturer of plywood, hardboard, and other wood-based panel products. It supplies products for furniture, construction, and interior décor markets.
With a market capitalization of Rs. 146.83 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 173.67 per share on Tuesday, up from its previous closing price of Rs. 144.73 per share. Since then, the stock has retreated and is currently trading at Rs. 173.00 per equity share.
Indifra Limited
Indifra Limited is an Infrastructure company that is involved in infrastructure development and Construction, trades electrical appliances-related services, focusing on construction and project management for public and private sector clients.
With a market capitalization of Rs. 13.12 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 19.30 per share on Tuesday, up from its previous closing price of Rs. 16.10 per share. Since then, the stock has retreated and is currently trading at Rs. 18.00 per equity share.
Rishabh Digha Steel & Allied Products Ltd
Rishabh Digha Steel & Allied Products Ltd operates in the steel processing and allied products sector. The company manufactures and supplies steel products used in the construction and engineering industries.
With a market capitalization of Rs. 30.05 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 54.78 per share on Tuesday, up from its previous closing price of Rs. 45.65 per share.
Saptak Chem & Business Ltd
Saptak Chem & Business Ltd is engaged in the trading and distribution of chemicals and related business services, catering to industrial and commercial clients. With a market capitalization of Rs. 4.12 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 3.84 per share on Tuesday, up from its previous closing price of Rs. 3.20 per share.
Mardia Samyoung Capillary Tubes Company Ltd
Mardia Samyoung Capillary Tubes Company Ltd specializes in manufacturing capillary tubes and other precision components, primarily for refrigeration and air-conditioning industries.
With a market capitalization of Rs. 8.43 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 12.14 per share on Tuesday, up from its previous closing price of Rs. 10.12 per share.
Amkay Products Ltd
Amkay Products Ltd manufactures and markets a range of medical and healthcare products, including disposable medical devices and hospital supplies. With a market capitalization of Rs. 50.40 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 59.67 per share on Tuesday, up from its previous closing price of Rs. 49.73 per share. Since then, the stock has retreated and is currently trading at Rs. 58.23 per equity share.
Written by Sridhar J
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