Synopsis: Stocks across auto accessories, engineering, textiles, industrial equipment, alcoholic beverages, and gems & jewellery hit the 20 percent upper circuit during Tuesday’s trading session, driven by stock-specific triggers, strong investor participation, and sustained buying momentum across select counters.
Indian equity markets witnessed active stock-specific action during Tuesday’s trading session, with several counters registering sharp gains and hitting their respective upper circuit limits. The strong upward movement in these stocks reflected heightened investor interest and increased trading activity, helping them emerge among the top-performing stocks of the day.
Studds Accessories Limited
Studds Accessories Limited is one of India’s leading manufacturers of two-wheeler helmets and motorcycle accessories. The company offers a wide range of products under the Studds and SMK brands and exports its products to several countries across Europe, Asia, and the Americas.
With a market capitalization of around Rs. 2,070 crore, the shares of the company hit a 20 percent upper circuit of Rs. 527.15 per share on Tuesday, up from its previous closing price of Rs. 439.30 per share.
JNK India Limited
JNK India Limited is engaged in providing process-fired heaters, reformers, and cracking furnaces primarily for the oil refining, petrochemical, and fertilizer industries. The company offers engineering, procurement, manufacturing, and commissioning services for thermal equipment projects.
With a market capitalization of approximately Rs. 2,781 crore, the shares of the company hit a 20 percent upper circuit of Rs. 502 per share on Tuesday, up from its previous closing price of Rs. 418 per share.
Menon Bearings Limited
Menon Bearings Limited manufactures engine bearings, bushings, thrust washers, and other precision-engineered components used in automotive and industrial applications. The company supplies products to leading OEMs and export markets.
With a market capitalization of nearly Rs. 953 crore, the shares of the company hit a 20 percent upper circuit of Rs. 170.90 per share on Tuesday, up from its previous closing price of Rs. 142.42 per share.
Electrotherm (India) Limited
Electrotherm (India) Limited is a diversified engineering company engaged in manufacturing steel products, induction melting equipment, electric vehicles, and engineering solutions. The company serves customers across domestic and international markets.
With a market capitalization of around Rs. 1,321 crore, the shares of the company hit a 20 percent upper circuit of Rs. 1,063.70 per share on Tuesday, up from its previous closing price of Rs. 886.45 per share.
Orbit Exports Limited
Orbit Exports Limited is engaged in the manufacturing and export of novelty fabrics, woven textiles, and embroidered products. The company caters to apparel, fashion, home furnishing, and decorative textile segments across global markets.
With a market capitalization of approximately Rs. 594 crore, the shares of the company hit a 20 percent upper circuit of Rs. 222 per share on Tuesday, up from its previous closing price of Rs. 185 per share.
Eurotex Industries and Exports Limited
Eurotex Industries and Exports Limited operates in the textile sector and is involved in the manufacturing of cotton yarn and textile products. The company serves both domestic and export markets and has a presence across various segments of the textile value chain.
With a market capitalization of nearly Rs. 17 crore, the shares of the company hit a 20 percent upper circuit of Rs. 18.62 per share on Tuesday, up from its previous closing price of Rs. 15.52 per share.
Grand Oak Canyons Distillery Limited
Grand Oak Canyons Distillery Limited is engaged in the alcoholic beverages business and focuses on the production, marketing, and distribution of various liquor products. The company operates in the Indian spirits market through multiple brands and distribution channels.
With a market capitalization of around Rs. 1,697 crore, the shares of the company hit a 20 percent upper circuit of Rs. 32.49 per share on Tuesday, up from its previous closing price of Rs. 27 per share.
Amrapali Industries Ltd
Amrapali Industries Ltd is engaged in the trading of precious metals, jewelry, diamonds, and related products. The company operates across bullion and gems segments and caters to both wholesale and retail customers.
With a market capitalization of approximately Rs. 130 crore, the shares of the company hit a 20 percent upper circuit of Rs. 25.33 per share on Tuesday, up from its previous closing price of Rs. 21.11 per share.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
