The Domestic equity indices concluded Monday’s volatile session in the red territory. The BSE Sensex fell 250.86 points or 0.41% to 60,431.84 and NSE Nifty 50 plunged 85.60 points or 0.48% to end at 17,770.90 levels.
Despite a volatile market, here are 3 stocks that hit the 20% upper circuit on Monday’s session:
KPT Industries Limited
The shares of KPT Industries Ltd opened at Rs 249.30 levels and gained as much as 20 percent to reach a 52-week high of Rs 289.55. The stock ended at 288.65 levels. In a year’s time frame, the stock has delivered a multibagger return of 103 percent.
KPT Industries Limited is engaged in the business of manufacturing Electrical Power Tools and Roots Blowers, Electric CVs, and power generation through windmills.
Motor & General Finance Limited
Motor & General Finance saw its shares open 12 percent higher at Rs 39.70 as compared to its previous close of 34.50. During the day, it further gained and hit a 20 percent upper circuit at Rs 41.40. In a year, it has logged 65 percent.
Motor & General Finance Limited, the flagship company of MGF Group, is engaged in the single primary business of Rental/ leasing of Immovable Property.
Sam Industries Limited
Sam Industries Limited saw its share reach a new 52-week high on Monday after the stocks hit an upper circuit of 20 percent and ended the day at Rs 55.55 levels. In the span of six months, the stock has jumped by 95 percent.
Sam Industries Limited is in the business of Real estate, Renting of immovable properties, and Investment business.
Written by Anoushka Roy
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