Synopsis:
Stocks like Billionbrains Garage Ventures, Winny Immigration, VLS Finance, and Sylvan Plyboard hit 20% upper circuits today with broad-based buying across sectors and strong market momentum.
Indian equity benchmarks closed higher on November 17th, with the Nifty 50 index closing at 26,013.45 today, marking a gain of 0.40%. The broader Bank Nifty performed even better, rising 0.76% to settle at 58,962.70, driven by positive momentum in banking stocks. Meanwhile, the Sensex ended the day at 84,950.95, up 0.46% from its previous close, reflecting broad-based buying across multiple sectors.
On the Nifty, top performers included Bajaj Auto, Tata Consumer, Eicher Motors, Max Healthcare, and Maruti Suzuki, while notable decliners were TMPV, Adani Enterprises, Jio Financial, Interglobe Aviation, and UltraTech Cement.
Most sectoral indices closed higher, with auto, banking, realty, capital goods, consumer durables, and PSU banks gaining between 0.5% and 1%. Additionally, the BSE Midcap and Smallcap indices advanced by 0.6% each.
Billionbrains Garage Ventures Ltd
Parent company of the popular investment platform Groww, founded in 2018 and headquartered in Bengaluru. It operates a full-stack digital investment ecosystem, offering retail users access to mutual funds, stocks (including IPOs and US equities), derivatives, and credit products like margin and personal loans. The company merged Groww Inc. into itself in 2024 and became a public limited company in 2025.
With market capitalization of Rs. 1,10,032 cr, the shares of Billionbrains Garage Ventures Ltd are closed at Rs. 178.23 per share, locked at 20% upper circuit from its previous close of Rs. 148.53 per share.
Winny Immigration & Education Services Ltd
A consultancy specializing in immigration and education services. It assists clients with student visas, work visas, family visas, and permanent residency for various countries. The company also offers language training, online education courses, visa interview guidance, and post-landing support, with multiple branches serving a wide client base.
With market capitalization of Rs. 16.67 cr, the shares of Winny Immigration & Education Services Ltd are closed at Rs. 76.80 per share, locked at 20% upper circuit from its previous close of Rs. 64 per share.
VLS Finance Ltd
Established in 1986, VLS Finance is a diversified non-banking financial services firm. Its services include stock broking, proprietary investing, equity research, corporate advisory, and structured finance. The company operates subsidiaries in securities and asset management and is known for a conservative investment approach with a strong proprietary portfolio.
With market capitalization of Rs. 858 cr, the shares of VLS Finance Ltd are closed at Rs. 252.31 per share, locked at 20% upper circuit from its previous close of Rs. 210.26 per share.
Sylvan Plyboard (India) Ltd
A manufacturer of plywood and engineered wood products based in India. Sylvan Plyboard produces plywood, block boards, flush doors, veneer, and sawn timber under its brand. The company caters to both residential and commercial markets and has shown consistent growth in revenue and profitability over recent years.
With market capitalization of Rs. 138 cr, the shares of Sylvan Plyboard (India) Ltd are closed at Rs. 71.40 per share, locked at 20% upper circuit from its previous close of Rs. 59.50 per share.
Written by Manideep Appana
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