Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 closed in red on Thursday, the weekly F&O expiry. BSE Sensex fell more than 400 points or 0.6 per cent to trade below 60,650, while NSE Nifty 50 index reclaimed the 18000 level from the bears to end mostly flat.
Despite the decline, here are 5 stocks that hit an upper circuit of 20% on Thursday:
Neuland Laboratories Ltd
The shares of Neuland Laboratories Ltd opened at Rs 1,415 on Thursday and got locked in an upper circuit of 20% to end the day at Rs 1,694.
Neuland Laboratories is engaged in the manufacturing and selling of bulk drugs and caters to both domestic and international markets
Nitta Gelatin India Ltd
The shares of the company opened 16% higher at Rs 660 as against its previous close of Rs 567. During the day it spiked further and was locked in an upper circuit of 20% to close at Rs 676.
Nitta Gelatin India Ltd is primarily engaged in the manufacture and sale of ossein, gelatin, and collagen peptides.
Par Drugs & Chemicals Ltd
The shares of the pharma company opened at Rs 153 on Thursday. During the day it gained 20% and closed at Rs 178.55.
Par Drugs & Chemicals Ltd is primarily engaged in manufacturing Active Pharma Ingredients (APIs) and fine chemicals for domestic & international markets.
Silicon Rental Solutions Ltd
The shares of Silicon Rental Solutions opened 4% higher at Rs 112.8 as against its previous close of Rs 109. During the day it climbed further and hit an upper circuit of 20% to close at Rs 130.80.
Silicon Rentals Solutions Limited is an IT equipment outsourcing company, providing end-to-end IT equipment on a rental and returnable basis in India.
W H Brady & Company Ltd
The shares of the company were locked in an upper circuit of 20% in the early hours of Thursday and ended the day at Rs 232.20.
W.H. Brady & Co Ltd is engaged in the business of trading material handling equipment, manufacturing, aviation support service, general engineering items, and renting space buildings.
Written by Anoushka Roy
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