On March 19, 2025, 16 stocks reached their 20 percent upper limit, indicating strong investor interest in smaller companies with growth potential. This increase suggests that investors are willing to take on higher risks, creating opportunities in undervalued sectors. However, it’s important to note that these stocks can be unpredictable, so conducting thorough research is recommended.
Here is the list of stocks that reached their 20 percent upper circuit:
1. Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders and Engineers Limited is engaged in shipbuilding and engineering services for the Indian Navy and Coast Guard. With a market capitalization of Rs. 18,799.70 crores, surged by 20 percent to reach an upper circuit of Rs. 1,641.15 per share on Wednesday, up from its previous closing price of Rs. 1,367.65 per share.
2. Vibhor Steel Tubes Limited
Vibhor Steel Tubes is engaged in manufacturing and supplying steel pipes and tubes for various industrial applications. With a market capitalization of Rs. 295.62 crores, surged by 20 percent to reach an upper circuit of Rs. 155.90 per share on Wednesday, up from its previous closing price of Rs. 129.95 per share.
3. United Credit Limited
United Credit Limited is engaged in financial services, including lending and investment activities. With a market capitalization of Rs. 17.65 crores, surged by 20 percent to reach an upper circuit of Rs. 33.13 per share on Wednesday, up from its previous closing price of Rs. 27.61 per share.
4. Ksolves India Limited
Ksolves India Limited is engaged in providing software development, IT solutions, and consulting services. With a market capitalization of Rs. 974.92 crores, surged by 20 percent to reach an upper circuit of Rs. 411.15 per share on Wednesday, up from its previous closing price of Rs. 342.65 per share.
Also read: 3 Fundamentally strong stocks with PEG less than 1 to keep on your radar
5. SKP Bearing Industries Limited
SKP Bearing Industries Limited is engaged in manufacturing and supplying bearing rollers, cages, and other precision components for various industries. With a market capitalization of Rs. 413.09 crores, surged by 20 percent to reach an upper circuit of Rs. 248.85 per share on Wednesday, up from its previous closing price of Rs. 207.40 per share.
6. Ador Multi Products Limited
Ador Multi Products Limited is engaged in the manufacturing and marketing of personal care, cosmetic, and skincare products. With a market capitalization of Rs. 14.87 crores, surged by 20 percent to reach an upper circuit of Rs. 31.82 per share on Wednesday, up from its previous closing price of Rs. 26.52 per share.
7. Subam Papers Limited
Subam Papers Limited is engaged in the manufacturing and trading of paper and paper-related products. With a market capitalization of Rs. 247.33 crores, surged by 20 percent to reach an upper circuit of Rs. 106.40 per share on Wednesday, up from its previous closing price of Rs. 88.70 per share.
8. Agarwal Fortune India Limited
Agarwal Fortune India Limited is engaged in the trading and distribution of various steel products. With a market capitalization of Rs. 8.09 crores, surged by 20 percent to reach an upper circuit of Rs. 23.04 per share on Wednesday, up from its previous closing price of Rs. 19.20 per share.
9. Srivasavi Adhesive Tapes Limited
Srivasavi Adhesive Tapes Limited is engaged in the manufacturing and supply of adhesive tapes for various industrial and commercial applications. With a market capitalization of Rs. 100.71 crores, surged by 20 percent to reach an upper circuit of Rs. 72.70 per share on Wednesday, up from its previous closing price of Rs. 60.60 per share. Since then, the stock has retreated and is currently closed at Rs. 71.05 per equity share.
10. Sar Televenture Limited
Sar Televenture Limited is engaged in providing telecommunication infrastructure solutions and services. With a market capitalization of Rs. 1,122.81 crores, surged by 20 percent to reach an upper circuit of Rs. 238.35 per share on Wednesday, up from its previous closing price of Rs. 198.65 per share.
11. Sindhu Trade Links Limited
Sindhu Trade Links Limited is engaged in diversified business activities, including transportation, logistics, mining, and trading of goods. With a market capitalization of Rs. 2,948.17 crores, surged by 20 percent to reach an upper circuit of Rs. 19.12 per share on Wednesday, up from its previous closing price of Rs. 15.94 per share.
Also read: Defence stocks jumps up to 20% as India and Germany boost military budgets
12. Capital Trade Links Limited
Capital Trade Links Limited is engaged in providing financial services, including loans and credit facilities to individuals and businesses. With a market capitalization of Rs. 252.05 crores, surged by 20 percent to reach an upper circuit of Rs. 41.13 per share on Wednesday, up from its previous closing price of Rs. 34.28 per share. Since then, the stock has retreated and is currently closed at Rs. 39.15 per equity share.
13. Asian Energy Services Limited
Asian Energy Services Limited is engaged in providing services to the energy sector, including oil and gas exploration, production, and coal bed methane projects. With a market capitalization of Rs. 1,294.43 crores, surged by 20 percent to reach an upper circuit of Rs. 289.35 per share on Wednesday, up from its previous closing price of Rs. 241.15 per share. Since then, the stock has retreated and is currently closed at Rs. 289.10 per equity share.
14. Brooks Laboratories Limited
Brooks Laboratories Limited is engaged in the manufacturing and marketing of pharmaceutical formulations and products. With a market capitalization of Rs. 320.79 crores, surged by 20 percent to reach an upper circuit of Rs. 122.22 per share on Wednesday, up from its previous closing price of Rs. 101.85 per share.
15. Dolat Algotech Limited
Dolat Algotech Limited is engaged in algorithmic trading and financial market investments. With a market capitalization of Rs. 1,512.72 crores, surged by 20 percent to reach an upper circuit of Rs. 88.06 per share on Wednesday, up from its previous closing price of Rs. 73.39 per share. Since then, the stock has retreated and is currently closed at Rs. 85.95 per equity share.
16. Maiden Forgings Limited
Maiden Forgings Limited is engaged in the manufacturing of high-quality steel products, including bright bars, wires, and other forged components. With a market capitalization of Rs. 85.12 crores, surged by 20 percent to reach an upper circuit of Rs. 62.40 per share on Wednesday, up from its previous closing price of Rs. 52 per share. Since then, the stock has retreated and is currently closed at Rs. 59.89 per equity share.
Written By – Nikhil Naik
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