Today, 6 stocks reached their 20 percent upper limit, showing strong investor interest in smaller companies with high growth potential. This increase suggests a higher willingness to take risks, offering possible opportunities in undervalued sectors. However, investors should be careful and do proper research as these stocks can be quite volatile.
Here is the list of stocks that reached their 20 percent upper circuit:
NACL Industries Limited
With a market capitalization of Rs. 2,209.59 crores, the shares of NACL Industries Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 110.79 per share on Monday, up from its previous closing price of Rs. 92.33 per share.
NACL Industries Limited was established in 1986 and is a prominent agrochemical manufacturer, offering technicals and formulations for major crops. It exports to over 30 countries and operates as a reliable contract manufacturer for global MNCs.
Niraj Cement Structurals Limited
With a market capitalization of Rs. 254.24 crores, the shares of Niraj Cement Structurals Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 58.80 per share on Monday, up from its previous closing price of Rs. 49 per share.
Niraj Cement Structurals Limited was established in 1998 and specializes in specialty engineering construction and infrastructure projects, offering end-to-end solutions for highways, bridges, and water supply systems across India.
KPT Industries Limited
With a market capitalization of Rs. 232.15 crores, the shares of Niraj Cement Structurals Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 682.80 per share on Monday, up from its previous closing price of Rs. 569 per share.
KPT Industries Limited was established in 1976 and manufactures electric power tools, spares, control motors, and blowers. The company offers products like drills, grinders, and saws, serving construction, woodworking, and metalworking sectors. It also produces e-vehicles like the E-Cart ‘Pushpak.’
Trio Mercantile and Trading Limited
With a market capitalization of Rs. 7.34 crores, the shares of Trio Mercantile and Trading Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 1.08 per share on Monday, up from its previous closing price of Rs. 0.90 per share.
Trio Mercantile & Trading Limited was established in 2002 and engages in trading and investment activities, along with services and consultancy. The company operates primarily in India with a focus on financial advisory services.
Jainco Projects (India) Limited
With a market capitalization of Rs. 8.35 crores, the shares of Trio Mercantile and Trading Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 8.36 per share on Monday, up from its previous closing price of Rs. 6.97 per share. Since then, the stock has retreated and is currently trading at Rs. 8.35 per equity share.
Jainco Projects (India) Limited was established in 1991 and initially focused on civil, electrical, and building constructions. It later transitioned into a non-banking financial company (NBFC) in 1998, engaging in investment and lending activities.
Yogi Infra Projects Limited
With a market capitalization of Rs. 15.31 crores, the shares of Yogi Infra Projects Limited’s stock surged by 20 percent, reaching an upper circuit of Rs. 9.32 per share on Monday, up from its previous closing price of Rs. 7.77 per share. Since then, the stock has retreated and is currently trading at Rs. 9.09 per equity share.
Yogi Infra Projects Limited was established in 1993 and engages in construction and infrastructure development in India, focusing on real estate, civil structures, and infrastructure projects. The company is part of the Moongipa Group.
Written By – Nikhil Naik
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