Today, seven stocks hit their 20 percent daily limit, suggesting that investors are increasingly willing to take risks and see potential in undervalued sectors. However, such rapid gains can be volatile, so investors should proceed with caution and conduct thorough research before making any decisions.
Here is a list of stocks that hit their 20 percent upper circuit limit:
Max India Ltd
With a market capitalization of Rs. 932.16 crores, the shares of Max India Ltd surged 20 percent, hitting an upper circuit at Rs. 242.85 per share on Wednesday, as compared to its previous closing price of Rs. 200.41 per share.
Archidply Decor Ltd
With a market capitalization of Rs. 58.18 crores, the shares of Archidply Decor Ltd surged 20 percent, hitting an upper circuit at Rs. 106.20 per share on Wednesday, as compared to its previous closing price of Rs. 87.11 per share.
Secmark Consultancy Ltd
With a market capitalization of Rs. 107.83 crores, the shares of Secmark Consultancy Ltd surged 20 percent, hitting an upper circuit at Rs. 103.58 per share on Wednesday, as compared to its previous closing price of Rs. 86.32 per share.
Soma Textiles & Industries Ltd
With a market capitalization of Rs. 159.35 crores, the shares of Soma Textiles & Industries Ltd surged 20 percent, hitting an upper circuit at Rs. 48.24 per share on Wednesday, as compared to its previous closing price of Rs. 40.20 per share.
Raj Oil Mills Ltd
With a market capitalization of Rs. 81.18 crores, the shares of Raj Oil Mills Ltd surged 20 percent, hitting an upper circuit at Rs. 54.16 per share on Wednesday, as compared to its previous closing price of Rs. 45.14 per share.
Manaksia Aluminium Company Ltd
With a market capitalization of Rs. 177.07 crores, the shares of Manaksia Aluminium Company Ltd surged 20 percent, hitting an upper circuit at Rs. 27.02 per share on Wednesday, as compared to its previous closing price of Rs. 22.52 per share.
Rane Engine Valve Ltd
With a market capitalization of Rs. 236.57 crores, the shares of Rane Engine Valve Ltd surged 20 percent, hitting an upper circuit at Rs. 351.80 per share on Wednesday, as compared to its previous closing price of Rs. 293.20 per share.
Written by Shwetha Sairam
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