On October 30, 2025, ten stocks hit their 20 percent upper circuit, reflecting strong investor enthusiasm for smaller, growth-oriented companies. This rally highlights rising risk appetite as investors shift focus toward undervalued and emerging sectors.
However, such sharp gains often come with heightened volatility and the risk of sudden corrections. Hence, thorough research, cautious analysis, and prudent decision-making are crucial before investing in these high-momentum stocks.
Here is the list of stocks that reached their 20 percent upper circuit:
South West Pinnacle Exploration Limited
With a market capitalization of Rs. 486.68 crores, the shares of South West Pinnacle Exploration Limited hit a 20 percent upper circuit of Rs. 171.65 per share on Thursday, up from its previous closing price of Rs. 143.05 per share. Since then, the stock has retreated and is currently trading at Rs. 163.15 per equity share.
South West Pinnacle Exploration Limited is an Indian company providing drilling, exploration, and geological services for minerals and coal. They serve mining, water, and unconventional energy sectors with modern rigs and expert teams for accurate exploration and aquifer mapping.
Sarthak Metals Limited
With a market capitalization of Rs. 152.30 crores, the shares of Sarthak Metals Limited hit a 20 percent upper circuit of Rs. 117.80 per share on Thursday, up from its previous closing price of Rs. 98.20 per share. Since then, the stock has retreated and is currently trading at Rs. 111.25 per equity share.
Sarthak Metals Limited manufactures metallurgical cored wires and industrial gases for the steel industry. The company supplies high-quality products across India and abroad, supporting steel manufacturing with precise metallurgy solutions and strict quality control.
Jay Ushin Limited
With a market capitalization of Rs. 406.04 crores, the shares of Jay Ushin Limited hit a 20 percent upper circuit of Rs. 1050.70 per share on Thursday, up from its previous closing price of Rs. 875.60 per share.
Jay Ushin Limited, part of JP Minda Group, manufactures automotive components like switches, lock/key sets, heater control panels, door handles, and latches. Serving major car manufacturers, it emphasizes in-house R&D and operates multiple plants across India.
The Western India Plywoods Limited
With a market capitalization of Rs. 147.59 crores, the shares of The Western India Plywoods Limited hit a 20 percent upper circuit of Rs. 193.20 per share on Thursday, up from its previous closing price of Rs. 161 per share. Since then, the stock has retreated and is currently trading at Rs. 173.90 per equity share.
The Western India Plywoods Limited was established in 1945 and produces plywood, hardboard, densified wood, and furniture. It is a leading integrated wood-products company focused on quality, eco-friendly technologies, and customer satisfaction with extensive manufacturing capacity.
Integra Essentia Limited
With a market capitalization of Rs. 200.73 crores, the shares of Integra Essentia Limited hit a 20 percent upper circuit of Rs. 2.08 per share on Thursday, up from its previous closing price of Rs. 1.74 per share. Since then, the stock has retreated and is currently trading at Rs. 1.88 per equity share.
Integra Essentia Limited deals in life essentials, including organic agro products and textiles. It offers food items like rice and pulses, and fabrics such as bed linen and upholstery. The company emphasizes innovation and caters to multiple life essential sectors.
Keynote Financial Services Limited
With a market capitalization of Rs. 221.11 crores, the shares of Keynote Financial Services Limited hit a 20 percent upper circuit of Rs. 315.05 per share on Thursday, up from its previous closing price of Rs. 262.55 per share.
Keynote Financial Services Limited is a boutique investment bank in Mumbai providing advisory and financial services to mid-market companies, institutional investors, and corporates. It specializes in IPOs, mergers, valuations, and capital market solutions with a strong domestic and global network.
Lancer Containers Lines Limited
With a market capitalization of Rs. 509.30 crores, the shares of Lancer Containers Lines Limited hit a 20 percent upper circuit of Rs. 20.34 per share on Thursday, up from its previous closing price of Rs. 16.95 per share.
Lancer Containers Lines Limited operates as a logistics company providing container transportation and cargo handling services across India. It offers efficient and reliable freight solutions tailored to clients’ needs in domestic and international trade.
Renol Polychem Limited
With a market capitalization of Rs. 71.50 crores, the shares of Renol Polychem Limited hit a 20 percent upper circuit of Rs. 90 per share on Thursday, up from its previous closing price of Rs. 75 per share.
Renol Polychem Limited manufactures chemical additives used in PVC and plastic pipe production. The company produces stabilizers, lubricants, and pigments, supplying specialized polymer materials with a focus on innovation and quality in the chemicals sector.
Eurotex Industries and Exports Limited
With a market capitalization of Rs. 16.38 crores, the shares of Eurotex Industries and Exports Limited hit a 20 percent upper circuit of Rs. 18.72 per share on Thursday, up from its previous closing price of Rs. 15.60 per share.
Eurotex Industries and Exports Limited manufactures and exports cotton yarns and knitted fabrics. It operates two business segments: textile production and real estate development, providing cotton yarn products globally and developing residential flats and shops in India.
Shanthala FMCG Products Limited
With a market capitalization of Rs. 21.67 crores, the shares of Shanthala FMCG Products Limited hit a 20 percent upper circuit of Rs. 38.15 per share on Thursday, up from its previous closing price of Rs. 31.80 per share. Since then, the stock has retreated and is currently trading at Rs. 32.35 per equity share.
Shanthala FMCG Products Limited distributes packaged foods, personal care, stationery, and home care products across India. It handles branded FMCG items like soaps, detergents, ready-to-eat foods, and nutritional products, serving major FMCG companies with a strong distribution network.
Written By – Nikhil Naik
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