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  5. JSW Holdings, Wockhardt and Shakti Pumps locked in 5% upper circuit on March 19

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JSW Holdings, Wockhardt and Shakti Pumps locked in 5% upper circuit on March 19

Upstox
By Upstox News Desk

2 min read | Updated on March 19, 2025, 07:22 IST

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SUMMARY

Indian markets have shown resilience against weak global cues on Wednesday as benchmark and broader indices continue their rally for the third consecutive day. The market breadth continued to remain in favour of advances as 2,269 stocks traded in green and 161 stocks were locked in the upper circuit on Wednesday afternoon.

Stock list

JSWHL
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WOCKPHARMA
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SHAKTIPUMP
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JSW Holdings, Wockhardt and Shakti Pumps locked in 5% upper circuit on March 19

JSW Holdings, Wockhardt and Shakti Pumps locked in 5% upper circuit on March 19 | Image: Shutterstock

NIFTY50 and SENSEX traded in green with broader markets continuing their outperformance over benchmark indices. The NIFTY50 and SENSEX traded 0.3% higher at 22,897 and 75,439 at 11:56 am. While NIFTY Mid-cap 100 and Small-cap 100 jumped 1.7% each on Wednesday afternoon.

The Indian market’s resilience continues as market breadth remains in favour of advances, out of 2,780 stocks traded on Wednesday, 2,269 traded in green and 452 traded in red. Similarly, 161 stocks were locked in the upper circuit and 38 in the lower circuit

Here are key stocks that are locked in the upper circuit

JSW Holdings Ltd

Shares of JSW Holdings Ltd were locked in 5% upper circuit on Wednesday at ₹22,121 apiece on the NSE. JSW Holdings holds a stake in key JSW group companies like JSW Steel (7.42%), which is also its largest investment of the total portfolio at 63%. In addition, it also has a stake in associate companies such as Sun Investments (43% stake), and Jindal Coated Steel (50% stake). The shares of the company have rallied 245% in the last year as shares of JSW Steel jumped 28% in a similar period.

Wockhardt

Shares of Wockhardt Pharmaceuticals were locked in 5% upper circuit at ₹1,421 apiece on the NSE on Wednesday. The shares were recently in focus after the company’s Zaynich drug achieved the highest-ever efficacy meeting superiority in a global, pivotal, registration-enabling Phase III study in complicated urinary tract infection (cUTI) achieving a 96.8% clinical cure rate’. The shares are up 162% in last year outperforming benchmark indices and its other pharma peers.

Shakti Pumps

Shares of Shakti Pumps are locked in 5% upper circuit for the second consecutive day at ₹999 apiece on the NSE. The shares are in focus since the Madhya Pradesh Industrial Development Corporation (MPIDC) has sanctioned 113 acres of land to the company. This land will be utilized for setting up a solar cell and PV module manufacturing facility, using wafers as input material.

Apart from the above three key stocks, companies like SW Solar, Sagility India, IGIL,Black Box,Kitex Garments, 63 Moons, EPACK Durables and many others are locked in upper circuit on Wednesday.

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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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