Stocks that hits 20% upper circuit today; Do you hold any?
In the volatile stock market, a 20% upper circuit signals explosive potential, reflecting overwhelming investor confidence and unparalleled market momentum. This rare phenomenon represents a critical inflection point, where market sentiment, technical indicators, and fundamental dynamics converge to create a transformative investment opportunity.
1. Adani Green Energy
Adani Green Energy Limited (AGEL), part of the Adani Group, is a leading renewable energy company in India established in 2015. AGEL is dedicated to developing and operating solar and wind energy projects, with a vision to become a global leader in renewable energy.
The company targets achieving 25 GW of renewable energy capacity by 2025, significantly contributing to India’s clean energy goals and carbon emission reduction efforts. AGEL has invested heavily in solar parks and wind farms nationwide, reinforcing its commitment to sustainability and environmental stewardship. Its strategic initiatives and expansion plans aim to position AGEL as a key player in global energy transition.
The share price of Adani Green Energy Limited went up by 25.8 percent to Rs. 1,368 per share on Friday, an increase from its previous close of Rs. 1,087.2 per share. The market capitalisation now stands at approximately Rs. 2,08,308 crore as of November 29, 2024.
2. United Heat Transfer
United Heat Transfer Limited (UHTL), established in 1995, is a specialised manufacturer of critical industrial equipment, including heat exchangers, pressure vessels, and process flow skids. The company’s product range encompasses Shell & Tube Heat Exchangers, Air Cooled Heat Exchangers, Marine Heat Exchangers, and Pressure Vessels.
UHTL caters to diverse sectors like automotive, marine, power generation, and oil & gas, adhering to international standards such as TEMA and ASME. With a focus on quality and innovation, UHTL has built a reputation for providing reliable solutions that meet the complex demands of its clientele across industries.
The share price of United Heat Transfer Limited went up by 20 percent to Rs. 97.50 per share on Friday, an increase from its previous close of Rs. 81.25 per share. The market capitalisation now stands at approximately Rs. 185.29 crore as of November 29, 2024.
3. Ahlada Engineers
Ahlada Engineers Limited is a prominent Indian engineering company specialising in the design, manufacturing, and installation of advanced equipment for sectors such as defence, aerospace, and industrial applications. Known for its expertise in heavy engineering, the company emphasises innovation and quality to deliver tailored solutions for its diverse customer base.
Ahlada Engineers leverages cutting-edge technology and robust engineering practices to meet industry challenges, positioning itself as a reliable partner in India’s growing industrial landscape. Its commitment to excellence has established the company as a key player in engineering solutions.
The share price of Ahlada Engineers Limited went up by 20 percent to Rs. 103.28 per share on Friday, an increase from its previous close of Rs. 86.07 per share. The market capitalisation now stands at approximately Rs. 133.45 crore as of November 29, 2024.
Also read….
4. Madhav Copper
Madhav Copper Limited, founded in 1992, is a leading manufacturer of high-quality copper products in India. The company specialises in copper wires, rods, and strips, which are essential for industries such as electrical, construction, and automotive. Renowned for its focus on quality and sustainability, Madhav Copper utilises advanced technologies to produce reliable and efficient copper solutions. With a strong commitment to environmental responsibility, the company ensures its processes align with modern standards, making it a preferred partner for clients in India and beyond.
The share price of Madhav Copper Limited went up by 20 percent to Rs. 50.18 per share on Friday, an increase from its previous close of Rs. 41.82 per share. The market capitalisation now stands at approximately Rs. 136.20 crore as of November 29, 2024.
5. Soma Textiles & Industries
Soma Textiles & Industries Limited, established in 1989, is a prominent Indian textile manufacturer specialising in cotton yarn and fabric production. The company serves both domestic and international markets, offering a diverse range of textile products.
Soma Textiles prioritises quality and innovation, integrating sustainable practices throughout its operations. Its commitment to eco-friendly production and consistent delivery of superior textiles has positioned it as a key player in the global textile sector, catering to the growing demand for high-quality and ethically sourced fabric solutions.
The share price of Soma Textiles & Industries Limited went up by 4.9 percent to Rs. 65.8 per share on Friday, an increase from its previous close of Rs. 54.84 per share. The market capitalisation now stands at approximately Rs. 217.36 crore as of November 29, 2024.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!