10 Stocks That Hit the 20% Upper Circuit Despite a Market Decline Today
Today, several stocks have hit their 20 percent daily limit, indicating strong investor interest in fast-growing companies. This surge suggests 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.
Savita Oil Technologies Limited
Savita Oil Technologies is a specialty petroleum products company with more than six decades of experience. It manufactures transformer oils, white oils, liquid paraffins, lubricants, greases, and specialty polymer products. The company also has a renewable energy business focused on wind power and serves customers across domestic and international markets.
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With a market capitalization of Rs. 4,902.07 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 860.40 per share on the day’s trade, up from its previous closing price of Rs. 717.00 per share.
Ircon International Limited
Ircon International is a government-owned engineering and construction company under the Ministry of Railways. It undertakes large infrastructure projects across railways, highways, bridges, tunnels, and railway electrification. The company operates as a turnkey construction specialist and has executed projects in India as well as international markets.
With a market capitalization of Rs. 10,937.26 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 122.96 per share on the day’s trade, up from its previous closing price of Rs. 102.47 per share.
Sun TV Network Limited
Sun TV Network is a major Indian media and entertainment company operating television channels across seven languages. Its businesses include television broadcasting, DTH services, FM radio, newspapers, magazines, film production and sports franchises. The company’s network reaches many households in India and also has an international presence.
With a market capitalization of Rs. 23,487.44 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 663.90 per share on the day’s trade, up from its previous closing price of Rs. 553.25 per share.
Ester Industries Limited
Ester Industries manufactures polyester films, recycled PET (rPET) and specialty polymers for applications across packaging, textiles, electrical insulation, automotive, electronics and other industries. The company operates manufacturing facilities in Uttarakhand and Telangana and supplies products to customers across more than 50 countries.
With a market capitalization of Rs. 1,049.83 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 101.46 per share on the day’s trade, up from its previous closing price of Rs. 84.55 per share.
Essar Shipping Limited
Essar Shipping is a maritime logistics company with more than four decades of experience in owning and operating shipping assets. Its shipping operations deploy vessels through spot markets, Contracts of Affreightment and long-term contracts. The company also operates an oil and gas drilling business with land and offshore rigs.
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With a market capitalization of Rs. 392.63 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 20.34 per share on the day’s trade, up from its previous closing price of Rs. 16.95 per share.
Alicon Castalloy Limited
Alicon Castalloy is an aluminium casting manufacturer offering lightweight alloy solutions and integrated casting services. The company specialises in low-pressure die casting, gravity casting and sand casting for customers across industries. Its capabilities cover the value chain from design and engineering to manufacturing, serving automotive and other industrial applications globally.
With a market capitalization of Rs. 1,427.50 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 869.80 per share on the day’s trade, up from its previous closing price of Rs. 724.85 per share.
JHS Svendgaard Laboratories Limited
JHS Svendgaard Laboratories is an integrated oral-care contract manufacturer. Its product portfolio includes toothbrushes, toothpaste, mouthwash, talcum powder and denture tablets. The company supplies products to domestic and international customers and has worked with major brands including Hindustan Unilever, Amway and Walmart, alongside developing its manufacturing capabilities.
With a market capitalization of Rs. 108.82 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 12.45 per share on the day’s trade, up from its previous closing price of Rs. 10.38 per share.
GenXAI Analytics Limited
GenXAI Analytics is an enterprise technology company focused on artificial intelligence, data and automation solutions. The company helps businesses improve workflows, analyse data and enhance operational efficiency through AI-driven technologies. Its reported business segment is focused on developing bots and related technology solutions, supporting enterprises in their digital transformation initiatives.
With a market capitalization of Rs. 162.84 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 90.75 per share on the day’s trade, up from its previous closing price of Rs. 75.65 per share.
VijayPD Ceutical Limited
VijayPD Ceutical is a pharmaceutical and consumer-goods distribution and supply company. It acts as a distributor, supplier, stockist, dealer, agent, trader and packer, supplying pharmaceutical, wellness and FMCG products through its distribution network to pharmacies, healthcare institutions and other customers.
With a market capitalization of Rs. 154.67 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 79.20 per share on the day’s trade, up from its previous closing price of Rs. 66.00 per share.
DSM Fresh Foods Limited
DSM Fresh Foods operates the Zappfresh brand, an online meat and seafood business offering fresh chicken, mutton and seafood along with cold cuts, ready-to-cook products and ready-to-eat frozen snacks. Its technology-enabled model covers sourcing, processing, packaging, and home delivery across key Indian markets.
With a market capitalization of Rs. 138.29 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 70.14 per share on the day’s trade, up from its previous closing price of Rs. 58.45 per share.