Paytm, Alphalogic hit upper circuit, while Puravankara hits lower circuit

On Monday, the BSE Sensex hit an all-time high at 75,679.67 levels. After hitting this milestone, the index trimmed its gains and was trading around the level of 75,628.83 up by 218 points. Additionally, the BSE Midcap index has also hit all-time highs at 43,887.7 and BSE Smallcap Index is trading at 48,000 levels.

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 Monday (May 27, 2024)

Earlier the company reported it has started experimenting with ONDC and on May 22, the company declared its financial results and that day too it hitted 5% upper circuit. Here is the table for financial results on a consolidated basis (in ₹ crores).

Alphalogic Techsys is in the business of providing Information Technology and related services. It has a market capitalisation of ₹1,800 crore. Here is the table for financial results on a consolidated basis.

Shares of RIR Power Electronics locked in a 5% upper circuit at ₹1,775.95 amid strong financial results for the fourth quarter and financial year that ended on March 31, 2024. Additionally, the company recommended a final dividend of ₹2 per equity share. The company is engaged in the manufacturing of semiconductor devices, semiconductor modules and equipment (power rectifier, battery charger, universal control card).

It has a market capitalisation of ₹1,235 crore. Over the past year shares of the company have climbed by 338%. Here is the table for financial results on a consolidated basis.

Stocks hitting lower circuit on Monday (May 27, 2024)

Shares of Puravankara delivered returns of over 385% in the past one year. However, on Monday, the stock locked in a 5% lower at ₹403.55. It hit a lower circuit, courtesy of reporting a net loss for the quarter that ended March 2024. The company is in the business of development and sale of real estate. It has a market capitalisation of ₹9,570 crore. Here is the table for financial results on a consolidated basis.