Genus Power Infrastructures, GE T&D India and Piccadily Agro Industries hit the upper circuit, while Brightcom Group hit the lower circuit

Genus Power share hit a back-to-back upper circuit of 5% at ₹312.35. The company recently released a clean Monitoring Agency (MA) report with no deviations from stated objectives that might be seen as positive by investors, potentially reinforcing their confidence in the company’s ability to deliver good financial results for the fourth quarter end and year end March 2024. The company is engaged in manufacturing and providing Metering and Metering Solutions and undertaking 'Engineering, Construction, and Contracts' on a turnkey basis and has a market capitalization of ₹9,357 crore. The shares of the company have given over 254% return in the past one year.

The shares of GE TD India Ltd hit the upper circuit of 5% at ₹1,186.70. The share hit back-to-back upper circuit mainly due to the future growth potential. Additionally, India’s focus on the power transmission and distribution business, which GE TD caters to, might be attracting investors' attention. This bullish sentiment is reflected in the current high trading price, indicating investors believe the company can capitalise on upcoming market opportunities. The company is scheduled to hold a board meeting to approve the financial results of the fourth quarter ending and financial year end March 2024 on May 21. The company has a market capitalization of ₹30,385 crore. In the past six months, the shares of the company have given over 211% return.

Piccadily Agro Industries is hitting back-to-back the 5% upper circuit after it announced the raising of ₹1,000 crore funds on April 22. Yesterday it held a board meeting to approve raising capital by way of a Qualified Institutions Placement (QIP). The company achieved revenue of ₹285 crore with a growth of 37% YoY in Q4 and an increase in profitability of 585% YoY to ₹43.50 crore in Q4. Lion share i.e. 67% of the revenue was contributed by the company's distillery division. It expanded its domestic market presence to 21 states in India and 21 markets overseas. Over the past month, the stock has jumped by 72.84%. The company manufactures sugar and distillery products at its plant in Haryana and has a market capitalisation of ₹7,015 crore. In the last one year, the stock has risen over 1,507%.

Brightcom Group is a trending company in talks among investors over the past six months due to its problem with management and SEBI actions. The company's stock has been hitting back-to-back lower circuits of 5% and today it locked at ₹11.66 and over the past six months shares of the company have corrected by 32%. Today more than 6 crore shares have been pending in sell orders at BSE and NSE combined. On May 14 NSE notified that trading in the shares of Brightcom Group will be suspended from June 14, till the time the company does not comply with the Master Circular. Brightcom Group have not released their financials for two consecutive quarters i.e. September 30, 2023, and December 31, 2023. Brightcom Group offers digital marketing solutions to businesses, agencies and online publishers worldwide. It has a market capitalisation of ₹2,353 crore.