20% Upper Circuit: 13 Stocks that hit upper circuit today; Do you own any?

On October 8, 2025, 13 stocks surged to their 20 percent upper circuit, highlighting strong investor interest in smaller growth-oriented companies. This reflects a higher risk appetite as investors explore lower-valued sectors. However, such sharp gains come with risks, so careful research and caution are crucial before investing.

Here is the list of stocks that reached their 20 percent upper circuit:

Salzer Electronics Limited

With a market capitalization of Rs. 1,623.89 crores, the shares of Salzer Electronics Limited hit a 20 percent upper circuit of Rs. 918.35 per share on Wednesday, up from its previous closing price of Rs. 765.30 per share. 

Salzer Electronics Limited was established in 1985 and specializes in electrical solutions such as switchgears, wires and cables, and energy management systems. It is India’s largest manufacturer of CAM-operated rotary switches and wire ducts, serving both domestic and international markets.

Eimco Elecon (India) Limited

With a market capitalization of Rs. 1,327.31 crores, the shares of Eimco Elecon (India) Limited hit a 20 percent upper circuit of Rs. 2,301 per share on Wednesday, up from its previous closing price of Rs. 1,917.50 per share. 

Eimco Elecon (India) Limited was founded in 1974 and manufactures equipment for underground and opencast mines, including side dump loaders and load haul dumpers. It is a leading supplier of mining and construction machinery in India with a strong engineering and manufacturing base.

Essar Shipping Limited

With a market capitalization of Rs. 698.75 crores, the shares of Essar Shipping Limited hit a 20 percent upper circuit of Rs. 33.76 per share on Wednesday, up from its previous closing price of Rs. 28.14 per share. 

Essar Shipping Limited was incorporated in 2010 and operates a diversified fleet of vessels for the sea transportation of crude oil, petroleum products, and dry bulk cargo. It provides integrated logistics, port terminal services, and oilfield support operations across international and coastal routes.

Kalyani Forge Limited

With a market capitalization of Rs. 286.75 crores, the shares of Kalyani Forge Limited hit a 20 percent upper circuit of Rs. 788.20 per share on Wednesday, up from its previous closing price of Rs. 658.20 per share. 

Kalyani Forge Limited is a leading manufacturer of precision forged and machined components for automotive and industrial applications. It specializes in hot, warm, and cold forging technologies and supplies global automotive and engineering clients.

Hercules Hoists Limited

With a market capitalization of Rs. 667.68 crores, the shares of Hercules Hoists Limited hit a 20 percent upper circuit of Rs. 208.65 per share on Wednesday, up from its previous closing price of Rs. 173.88 per share. 

Hercules Hoists Limited, now restructured as Hercules Investment Limited, was a manufacturer of material handling equipment like hoists and cranes under the Bajaj Indef brand. 

Hybrid Financial Services Limited

With a market capitalization of Rs. 57.25 crores, the shares of Hybrid Financial Services Limited hit a 20 percent upper circuit of Rs. 19.45 per share on Wednesday, up from its previous closing price of Rs. 16.21 per share. 

Hybrid Financial Services Limited was incorporated in 1986 and provides financial services such as equipment leasing, hire purchase, loan syndication, and merchant banking. It operates as a non-banking financial company with a focus on corporate finance solutions.

We Win Limited

With a market capitalization of Rs. 60.97 crores, the shares of We Win Limited hit a 20 percent upper circuit of Rs. 60 per share on Wednesday, up from its previous closing price of Rs. 50 per share. 

We Win Limited is a provider of digital customer experience and BPO services, including contact center operations and e-governance solutions. It serves the government, BFSI, healthcare, and retail sectors across India in multiple languages.

Beacon Trusteeship Limited

With a market capitalization of Rs. 112.91 crores, the shares of Beacon Trusteeship Limited hit a 20 percent upper circuit of Rs. 62.50 per share on Wednesday, up from its previous closing price of Rs. 52.10 per share. 

Beacon Trusteeship Limited was established in 2015 and offers technology-enabled trustee services such as debenture, security, and AIF trustee solutions. It manages over $180 billion in assets and is ranked among the top debenture trustees in India.

Modi Rubber Limited

With a market capitalization of Rs. 347.24 crores, the shares of Modi Rubber Limited hit a 20 percent upper circuit of Rs. 138.67 per share on Wednesday, up from its previous closing price of Rs. 115.56 per share. 

Modi Rubber Limited manufactures automobile tyres and tubes in technical collaboration with Continental AG, Germany. It operates modern tyre plants in Modipuram and Modinagar and is part of the B.K. Modi Group.

Aksh Optifibre Limited

With a market capitalization of Rs. 139.92 crores, the shares of Aksh Optifibre Limited hit a 20 percent upper circuit of Rs. 8.60 per share on Wednesday, up from its previous closing price of Rs. 7.17 per share. 

Aksh Optifibre Limited manufactures optical fiber, fiber cables, and FRP rods for telecom and infrastructure sectors. It also provides e-governance and FTTH services, serving both domestic and international markets.

Keynote Financial Services Limited

With a market capitalization of Rs. 209.14 crores, the shares of Keynote Financial Services Limited hit a 20 percent upper circuit of Rs. 297.99 per share on Wednesday, up from its previous closing price of Rs. 248.33 per share. 

Keynote Financial Services Limited is a boutique investment bank offering merchant banking, corporate advisory, M&A, and ESOP services. It has executed over 400 transactions and advises mid-market and growth companies.

Trust Fintech Limited 

With a market capitalization of Rs. 158.32 crores, the shares of Trust Fintech Limited hit a 20 percent upper circuit of Rs. 66.45 per share on Wednesday, up from its previous closing price of Rs. 55.40 per share. 

Trust Fintech Limited provides core banking, ERP, and GST software solutions for the BFSI sector. It is a CMMI Level 5 and ISO 27001 certified IT services company with a global presence in over 25 countries.

N R Agarwal Industries Limited

With a market capitalization of Rs. 811.64 crores, the shares of N R Agarwal Industries Limited hit a 20 percent upper circuit of Rs. 483.05 per share on Wednesday, up from its previous closing price of Rs. 402.55 per share. 

N R Agarwal Industries Limited manufactures paper and packaging boards using 100% recycled waste paper. It is a leading eco-friendly paper producer with operations in Gujarat and a presence in over 20 countries.

Written By – Nikhil Naik

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