Several stocks attracted strong buying interest during today’s trading session, with shares of these companies hitting their respective 20 percent upper circuit limits. The sharp gains were driven by company-specific developments, business updates, and increased investor interest, leading to strong buying activity.
From technology and electronics to recycling, engineering, pharmaceuticals, real estate, and financial services, several companies emerged as key market movers during the session. Let us take a look at the stocks that touched their 20 percent upper circuit levels today.
Here is the list of stocks that reached their 20 percent upper circuit today
Optiemus Infracom Limited
With a market capitalization of Rs. 6,327.72 crores, the shares of Optiemus Infracom Limited hit a 20 percent upper circuit of Rs. 708.90 per share on Tuesday, up from its previous closing price of Rs. 590.75 per share.
Optiemus Infracom Limited is a technology company based in India which has been operating in the field of telecommunication technology for more than three decades now. Optiemus Infracom Limited deals in a wide range of services related to mobility devices and has partnered with several international brands.
Regaal Resources Limited
With a market capitalization of Rs. 992.55 crores, the shares of Regaal Resources Limited hit a 20 percent upper circuit of Rs. 100.12 per share on Tuesday, up from its previous closing price of Rs. 83.44 per share. Since then, the stock has retreated and is currently trading at Rs. 96.45 per equity share.
Regaal Resources Limited is an agro-processing company in India that mainly deals with maize products. Some of the products include maize starch and specialized forms of starch that are used in various industries such as food and beverage, pharmaceutical, paper, textile, and animal feed among others. It was founded in 2016 and has an integrated plant in Kishanganj, Bihar.
TCC Concept Limited
With a market capitalization of Rs. 1,247.14 crores, the shares of TCC Concept Limited hit a 20 percent upper circuit of Rs. 55.18 per share on Tuesday, up from its previous closing price of Rs. 45.99 per share. Since then, the stock has retreated and is currently trading at Rs. 52.24 per equity share.
TCC Concept Limited is an investment and business conglomerate that is centered on technology, providing services in the field of e-commerce, digital infrastructure, and real estate technology solutions. Its objective is to build value through investments and businesses based on new technology and business models.
Cubex Tubings Limited
With a market capitalization of Rs. 150.13 crores, the shares of Cubex Tubings Limited hit a 20 percent upper circuit of Rs. 104.85 per share on Tuesday, up from its previous closing price of Rs. 87.38 per share.
Cubex Tubings Limited is an Indian company that produces copper and copper alloy products. Their range comprises tubes, wires, sheets, flats, and rods used in boilers, condensers, and heat exchangers among other products including medical gas copper tubes, copper bus bars, and phosphorous de-oxygenated copper tubes.
Race Eco Chain Limited
With a market capitalization of Rs. 207.05 crores, the shares of Race Eco Chain Limited hit a 20 percent upper circuit of Rs. 119.98 per share on Tuesday, up from its previous closing price of Rs. 99.99 per share.
Race Eco Chain Limited is an organization that deals with waste management and the circular economy and specializes in plastic waste collection, aggregation, recycling, and the products recycled. The firm seeks to bring order to the chaotic waste value chain in India through its national network, regional collection hubs, and digital technology.
Namo eWaste Management Limited
With a market capitalization of Rs. 723.87 crores, the shares of Namo eWaste Management Limited hit a 20 percent upper circuit of Rs. 316.55 per share on Tuesday, up from its previous closing price of Rs. 263.80 per share.
Namo eWaste Management Limited is a business that falls under the umbrella of recycling and waste management. This includes activities relating to electrical and electronics products and related products. The objects of Namo eWaste Management Limited include the recycling, manufacturing, importing, exporting, buying, selling, and distributing of electrical products.
Optimus Finance Limited
With a market capitalization of Rs. 124.86 crores, the shares of Optimus Finance Limited hit a 20 percent upper circuit of Rs. 16.71 per share on Tuesday, up from its previous closing price of Rs. 13.93 per share.
Optimus Finance Limited is an RBI registered Non-Banking Financial Company incorporated in 1991 and based in Vadodara, Gujarat. It was formerly called Transpek Finance and it is currently listed in BSE. The main business of the company revolves around investments and trading of marketable securities.
Austin Engineering Company Limited
With a market capitalization of Rs. 56.64 crores, the shares of Austin Engineering Company Limited hit a 20 percent upper circuit of Rs. 162.85 per share on Tuesday, up from its previous closing price of Rs. 135.71 per share.
Austin Engineering Company Limited is an Indian manufacturer of high quality ball and roller bearings along with components. The company was set up in 1973 by five technocrats and now has developed into a manufacturer catering to different industrial needs. The company’s product range includes rolling element bearings with outer diameter ranging from 25mm to 1,800mm.
Striders Impex Limited
With a market capitalization of Rs. 99.13 crores, the shares of Striders Impex Limited hit a 20 percent upper circuit of Rs. 62.75 per share on Tuesday, up from its previous closing price of Rs. 52.30 per share. Since then, the stock has retreated and is currently trading at Rs. 53.25 per equity share.
Striders Impex Limited is a company engaged in the toys and children’s consumer goods industry. Striders Impex Limited is involved in brand licensing, proprietary branding, sourcing, and distribution of products in India and some chosen international markets. Some of the branded products from the company include both licensed brands and proprietary brands including “Pugs at Play.”
CRESTO TECHNO Limited
With a market capitalization of Rs. 26.58 crores, the shares of CRESTO TECHNO Limited hit a 20 percent upper circuit of Rs. 19.21 per share on Tuesday, up from its previous closing price of Rs. 16.01 per share.
CRESTO TECHNO LIMITED, previously named Silly Monks Entertainment Limited, is a media and entertainment firm that operates out of Hyderabad, India. CRESTO TECHNO is engaged in the creation of digital content and their marketing and distribution via various platforms including YouTube, Facebook, Amazon, and Netflix. Their other business operations include the making of films, series, music, creator content, and collaborations with celebrities.
Ansal Buildwell Limited
With a market capitalization of Rs. 66.54 crores, the shares of Ansal Buildwell Limited hit a 20 percent upper circuit of Rs. 90.12 per share on Tuesday, up from its previous closing price of Rs. 75.10 per share.
Ansal Buildwell Limited is an Indian diversified real estate developer and construction company and the flagship company of the Ansal Group. The company, having over forty years of experience, has developed residential and commercial properties, townships, industrial estates, educational institutes, and infrastructure projects both in India and outside India.
Vikram Thermo (India) Limited
With a market capitalization of Rs. 1,201.63 crores, the shares of Vikram Thermo (India) Limited hit a 20 percent upper circuit of Rs. 393.05 per share on Tuesday, up from its previous closing price of Rs. 327.55 per share. Since then, the stock has retreated and is currently trading at Rs. 383.20 per equity share.
Vikram Thermo India Limited is an Indian pharmaceutical excipient manufacturing company which has a history of over four decades in this field. The company was founded in 1985, and it first started making Diphenyl Oxide, and now it deals with pharmaceutical excipients and drug delivery systems. Its products include DRUGCOAT methacrylate copolymers.