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  5. Shakti Pumps, Senco Gold and Blue Jet Healthcare shares hit upper-circuit levels; Gensol Engineering hits 5% lower circuit

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Shakti Pumps, Senco Gold and Blue Jet Healthcare shares hit upper-circuit levels; Gensol Engineering hits 5% lower circuit

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By Upstox News Desk

3 min read | Updated on March 18, 2025, 12:40 IST

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SUMMARY

Shares of Uttam Sugar, E2E networks, Websolar, Epack Durables, and Orchid Pharmaceuticals among 94 other stocks were locked in the upper circuit amid a broad base rally on Tuesday. On the contrary, 101 stocks were locked in the lower circuit on Tuesday.

Stock list

SENCO
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BLUEJET
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SHAKTIPUMP
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52_Week_High_1 (1).webp

Shakti Pumps, Senco Gold and Blue Jet Healthcare shares hit upper-circuit levels | Image: Shutterstock

NIFTY50 and SENSEX extended their early morning gains on Tuesday to trade nearly more than 1% higher in late morning deals at 11:30 am. The broader indices too participated in the rally as they jumped up to 2% on Tuesday. The NIFTY midcap 100 and small-cap 100 are up 1.5% and 2% respectively. Sectorally, all the indices traded in green with Consumer Durables, Media and Financial services among top gainers with more than 2% gains.

The broader market breadth also went in favour of advances as 2,219 stocks traded in green as against 504 stocks in the red. 89 stocks hit the upper circuits while 98 hit the lower circuit on Tuesday.

Here are key stocks that upper circuit on Tuesday

Senco Gold

The shares of retail jeweller Senco Gold hit a 5% upper circuit of ₹249.5 apiece on the NSE. Shares are locked in the upper circuit after a relentless 70% drop in the share price since its record high level of ₹774 touched in October 2024. Today’s rally is partially led by a rise in gold prices to new record levels and management’s optimistic guidance for Q4FY25 and FY25 results on CNBC TV-18 interview.

Blue Jet Healthcare

The Blue Jet Healthcare share price hit 5% upper circuit levels of ₹929 apiece on Tuesday amid rising optimism on the stock. The company is engaged in the manufacturing of pharmaceutical products and APIs ( Active pharma ingredients). The company’s 80% of the revenue is generated from Europe and the rest from India and the USA. In the last year the share price has rallied nearly 154%. The shares are in focus after global brokerage firm Macquarie published a positive sector outlook report on the pharmaceutical sector in India, in the backdrop of growing CDMO (Contract Research, Development, and Manufacturing Organization) players in India.

Shakti Pumps

Shares of Shakti Pumps (India) locked in a 5% upper circuit at ₹956 apiece on the NSE. The shares were in focus after the company recently announced of setting up new plant in Madhya Pradesh. 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. The company is engaged in the manufacturing of technology-based solar/electricity-operating submersible pumps in India.

Apart from these, shares of Uttam Sugar, E2E networks, Websolar, Epack Durables, Orchid Pharmaceuticals among 94 other stocks were locked in the upper circuit. On the contrary, shares of Gensol Engineering, NACL Ltd, JP Associates, International Gemmological Institute and others were locked in the lower circuit on Tuesday, March 18.

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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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