A number of stocks hit their 20% upper circuit limit on Friday, indicating strong investor interest across sectors ranging from tourism and textiles to chemicals and financial services.
Here are seven stocks that locked in the upper circuit during the day.
India Tourism Development Corporation Ltd (ITDC)
India Tourism Development Corporation Ltd (ITDC) operates under the Ministry of Tourism and is engaged in hotels, hospitality, travel services, duty-free shops and event management.
Stock movement
- Previous close: ₹589.05
- Upper circuit price: ₹706.85
- Gain: 20%
- Market capitalization: ₹5,849.47 crore
Agri-Tech (India) Ltd
Agri-Tech (India) Ltd is engaged in corporate farming and produces crops such as mangoes, grapes, cotton and sugarcane.
Stock movement
- Previous close: ₹105.55
- Upper circuit price: ₹126.65
- Gain: 20%
- Market capitalization: ₹75.23 crore
RSWM Ltd
Part of the LNJ Bhilwara Group, RSWM Ltd manufactures cotton, synthetic, blended and specialty yarns.
Stock movement
- Previous close: ₹178.10
- Upper circuit price: ₹213.70
- Gain: 20%
- Market capitalization: ₹927.43 crore
Bhageria Industries Ltd
Bhageria Industries Ltd manufactures dyes and chemicals and also has a presence in solar power generation.
Stock movement
- Previous close: ₹169.90
- Upper circuit price: ₹203.85
- Gain: 20%
- Market capitalization: ₹889.69 crore
Shri Balaji Valve Components Ltd
The company manufactures valve components and engineering products used in sectors such as oil and gas, power and process industries.
Stock movement
- Previous close: ₹94.70
- Upper circuit price: ₹113.60
- Gain: 20%
- Market capitalization: ₹88.13 crore
Primo Chemicals Ltd
Primo Chemicals Ltd manufactures industrial chemicals and chemical intermediates used across pharmaceuticals, agriculture and manufacturing.
Stock movement
- Previous close: ₹22.02
- Upper circuit price: ₹26.42
- Gain: 20%
- Market capitalization: ₹640.27 crore
Kreon Finnancial Services Ltd
Kreon Finnancial Services Ltd is an NBFC providing loans and other financial services to individuals and businesses.
Stock movement
- Previous close: ₹34.51
- Upper circuit price: ₹41.41
- Gain: 20%
- Market capitalization: ₹83.74 crore
Stocks that hit the 20% upper circuit
| Company | Upper Circuit Price | Market Cap |
|---|---|---|
| India Tourism Development Corp | ₹706.85 | ₹5,849.47 crore |
| Agri-Tech (India) | ₹126.65 | ₹75.23 crore |
| RSWM | ₹213.70 | ₹927.43 crore |
| Bhageria Industries | ₹203.85 | ₹889.69 crore |
| Shri Balaji Valve Components | ₹113.60 | ₹88.13 crore |
| Primo Chemicals | ₹26.42 | ₹640.27 crore |
| Kreon Finnancial Services | ₹41.41 | ₹83.74 crore |
Investor caution
Stocks hitting upper circuits often indicate strong buying demand, but sharp gains can also bring higher volatility.
Investors typically monitor:
- Trading volumes
- Valuations
- Business fundamentals
- Earnings performance
before taking investment decisions.
TL;DR
Seven stocks, including ITDC, RSWM, Bhageria Industries and Primo Chemicals, locked in the 20% upper circuit on June 5 amid strong buying interest across sectors.
AI summary
- Seven stocks hit the 20% upper circuit on Friday.
- ITDC rose to ₹706.85.
- RSWM and Bhageria Industries were among the gainers.
- Primo Chemicals and Kreon Finnancial Services also locked at upper circuits.
- Strong gains can be accompanied by higher volatility.
