Aurionpro Solutions, Suzlon Energy, Suraj Estate Developers, PC Jeweller, Shakti Pumps (India) and Sky Gold hit the upper circuit

Domestic equity bourses, NIFTY50 and SENSEX, were trading in the red on Thursday, declining by 0.42% and 0.49%, respectively. Nifty Midcap 100 index and Nifty Smallcap 100 index were in red declining by 0.50% and 0.48%, respectively.

In the morning session on Thursday, on the NSE, 100 stocks hit the upper price band (Upper circuit), and 30 stocks hit the lower price band (Lower Circuit).

Here is the list of stocks (market cap above ₹1,000 crore) locked in upper circuits in today’s trading session.

Stocks hitting the upper circuit on Thursday (July 25, 2024)

Aurionpro Solutions Ltd

As of Q1FY25, the company order book stands at ₹1,000 crore plus. Aurionpro Solutions is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments and Government sectors. The company converges multiple technology solutions under our umbrella, acting as one platform for Advanced and Accelerated Platform-led Transformation, guiding businesses to ADAPT to a new paradigm in Digital. The company has a market capitalisation of ₹9,100 crore. In the last year, shares of the company have surged 218%.

Suzlon Energy Ltd

Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG manufacturer that also undertakes installation and O&M of all WTG sales. The company has a market capitalisation of ₹85,800 crore. In the last year, its shares have surged 231%. .

Suraj Estate Developers Ltd

Suraj Estate Developers is a real estate construction company that develops residential and commercial properties in the South Central Mumbai region. The company has a market capitalisation of ₹2,800 crore and has increased its shares by 92% in the last six months.

PC Jeweller Ltd

The stock of a popular jewellery brand was locked in a back-to-back upper circuit for the past few trading days today, and it also locked in an upper circuit of 5% in the morning session at the price of ₹81.75. The company received approval on the One Time Settlement (OTS) proposal submitted to the Bank of Baroda on July 20, 2024. The company had opted for OTS to settle the outstanding dues.

Shakti Pumps (India) Ltd

Company has announced that it will target new opportunities in the Electric Vehicle Segment. The board has approved investments of ₹114.3 crore in their subsidiary Shakti EV Mobility. This subsidiary company is engaged in the manufacturing and sale of EV motors, charging stations, battery management systems, electric control panels, smart electric control panels, VFDs and other items.

Shakti Pumps (India) Ltd is primarily engaged in manufacturing pumps and motors of various kinds. It also offers advanced water pumping solutions for a wide range of applications, such as irrigation, horticulture, domestic water supply, and commercial and industrial applications. Over the past year, the company's shares have zoomed by 536%. It has a market capitalisation of ₹9,200 crore.

Sky Gold Ltd

After this move, there has been a shine in jewellery stocks. While consumers are being rewarded, the companies are also set to benefit as lower prices can increase their topline, with volume growth to more than offset the decline in prices. Reflecting the potential benefit of increased revenue and profits.

In the last year, the company's shares have given staggering returns of over 700%. Sky Gold designs, manufactures, and markets gold jewellery. It has a market capitalisation of ₹3,500 crore.