Strong buying activity pushed several stocks to their 20 percent upper circuit limit on Wednesday. Upper circuits are triggered when demand sharply exceeds available supply, preventing further price movement beyond the prescribed limit.
Here are the seven stocks that touched their upper circuits during the day.
1. Grand Oak Canyons Distillery Limited
Market capitalization: ₹1,955.15 crore
The stock hit a 20 percent upper circuit at ₹37.93, compared with its previous close of ₹31.61. Later, it eased slightly and was trading at ₹37.51.
Grand Oak Canyons Distillery is transitioning from its earlier identity as a finance and investment company and has indicated plans to diversify into new industrial businesses.
2. North Eastern Carrying Corporation Limited
Market capitalization: ₹175.50 crore
Shares touched the 20 percent upper circuit at ₹18.01, up from the previous closing price of ₹15.01. The stock later slipped to ₹17.55.
North Eastern Carrying Corporation (NECC) provides logistics and transportation services and offers integrated freight and supply chain solutions across India.
3. Eurotex Industries and Exports Limited
Market capitalization: ₹19.55 crore
The stock hit its 20 percent upper circuit at ₹22.34, against the previous close of ₹18.62.
Eurotex Industries and Exports manufactures cotton yarn and knitted fabrics and caters to domestic as well as overseas markets.
4. DB (International) Stock Brokers Limited
Market capitalization: ₹109.72 crore
Shares touched the upper circuit at ₹36.20, compared with the previous closing level of ₹30.17.
The stock later retreated and was trading at ₹31.35.
The company offers broking and investment services across:
- Equities
- Derivatives
- Commodities
- Mutual funds
5. Amrapali Industries Limited
Market capitalization: ₹156.24 crore
The stock locked in a 20 percent upper circuit at ₹30.39, up from its previous close of ₹25.33.
Amrapali Industries operates in:
- Bullion trading
- Precious metals
- Commodity broking
- Jewelry-related businesses
6. Vertex Securities Limited
Market capitalization: ₹30.94 crore
Shares hit the upper circuit at ₹4.18, compared with the previous close of ₹3.49.
Based in Kochi, Vertex Securities provides trading and investment services to retail and institutional clients.
7. Gautam Exim Limited
Market capitalization: ₹100.69 crore
The stock surged to its 20 percent upper circuit of ₹40.85, up from the previous close of ₹34.05.
Gautam Exim is engaged in:
- Import of industrial raw materials
- Distribution activities
- Export of recycled and waste paper products
Its customers span industries such as:
- Paper
- Steel
- Textiles
Stocks that hit the 20% upper circuit
| Company | Upper Circuit Price | Previous Close | Market Cap |
|---|---|---|---|
| Grand Oak Canyons Distillery | ₹37.93 | ₹31.61 | ₹1,955.15 crore |
| North Eastern Carrying Corporation | ₹18.01 | ₹15.01 | ₹175.50 crore |
| Eurotex Industries and Exports | ₹22.34 | ₹18.62 | ₹19.55 crore |
| DB (International) Stock Brokers | ₹36.20 | ₹30.17 | ₹109.72 crore |
| Amrapali Industries | ₹30.39 | ₹25.33 | ₹156.24 crore |
| Vertex Securities | ₹4.18 | ₹3.49 | ₹30.94 crore |
| Gautam Exim | ₹40.85 | ₹34.05 | ₹100.69 crore |
TL;DR
Seven stocks hit their 20 percent upper circuit on Wednesday amid strong buying interest. The list includes Grand Oak Canyons Distillery, North Eastern Carrying, Eurotex Industries, DB International Stock Brokers, Amrapali Industries, Vertex Securities and Gautam Exim.
AI Summary
- Seven stocks touched their 20% upper circuit.
- Grand Oak Canyons Distillery rose to ₹37.93.
- North Eastern Carrying hit ₹18.01.
- Eurotex Industries touched ₹22.34.
- Gautam Exim surged to ₹40.85.
