GTL Infrastructure and Wockhardt hit the upper circuit on Thursday while Jubilant Industries hit the lower circuit

Domestic equity bourses NIFTY50 index and SENSEX were seen trading in the green on Thursday. As a result, both the frontline indices were seen trading with gains of 0.01%. Nifty Midcap 100 index with gains of 0.24% and the Nifty Smallcap 100 were seen trading with a loss of 0.10%.

In the morning session on Thursday, on NSE, 81 stocks hit the upper price band (Upper circuit) and 46 stocks hit the lower price band (Lower Circuit).

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

Stocks hitting the upper circuit on Thursday (June 27, 2024)

Wockhardt Ltd

The company will hold its 25th Annual General Meeting on Friday, June 28, 2024. As of March 31, 2024, the promoters held a 51.58% equity stake in the company. Of this, around 53.28% was pledged, marking a decline from the earlier level of 74.51% as of December 31, 2023. In March, the company came up with ₹480 crore Qualified Institutional Placement (QIP), where funds owned or managed by ace investors Madhusudan Kela and Prashant Jain have invested. It has a market capitalization of ₹10,300 crore. Over the past year shares of the company have gained by 189%.

GTL Infrastructure Ltd

Post-election, shares of the company started to surge and over the past one month, the scrip has gained 102%, outperforming its benchmark index. In the same timeframe, BSE Telecommunication grew by 10.28%. The stock has a market capitalization of ₹3,996 crore.

Stocks hitting lower circuit on Thursday (June 27, 2024)

Jubilant Industries Ltd

Over the past six months shares of the company have increased by 174%. Today's lower circuit can be attributed to profit booking among the investors after reaching so high in the past six months.