Sterling and Wilson Renewable Energy, Ganesh Housing Corporation and Aurionpro Solutions hit the upper circuit, while Wonder Electricals hit the lower circuit

Shares of Sterling and Wilson Renewable Energy are locked in a 5% upper circuit today at ₹760. After the company announced its year-end financials and held an analyst meeting, the stock hit a back-to-back upper circuit and scaled a new 52-week high at ₹760. In the analyst meeting, the company stated that it is anticipating higher order bookings in FY25 and expecting revenue conversion of ₹6,000 to ₹7,000 crore from the unexecuted order book in FY25. The company is solar engineering, procurement and construction (EPC) solutions provider and has a market capitalisation of ₹17,655 crore. Over the past year shares of the company have surged by 162%.

Ganesh Housing Corporation Ltd stock hit the upper circuit of 5% of ₹889.45. The recent surge in the share price is due to the strong performance in their latest quarter and is rewarding shareholders with a dividend of ₹11 per share. This robust financial performance and commitment create a bullish sentiment around Ganesh Housing Corporation. The company has one of the largest developable land banks in Ahmedabad of 500 acres and has a market capitalisation of ₹7,254 crore. The stock has given over 160% return in the last six months.

Aurionpro shares have hit the upper circuit of 5% in the early trade and are trading at ₹2,525.25. The surge in share price is due to strong quarterly results and the board announcing the issuance of bonus shares in the ratio of 1:1. Additionally it has recommended a dividend of ₹2.5 per equity share (post bonus). Aurionpro Solutions is a technology solutions company catering to the needs of the Banking, Mobility, Payments and Government sectors. It has a market capitalisation of ₹6,971 crore. Over the past year shares of the company advanced by 359%.

Wonder Electricals shares are locked in the lower circuit limit of 5% today at ₹894.70. Over the past one month, the stock has seen volatility after it surged 280% in the last one year. Shares of the company are locking in back-to-back lower circuits and over the past week it has corrected by 22%. On the valuation front, the company is highly overvalued and this could be one of the reasons for dampening investor sentiment and volatility. Today the company scheduled a meeting of the Board of Directors which investors should keep an eye on. Wonder Electricals is a fully integrated end-to-end manufacturer and supplier of ceiling fans, exhaust fans, pedestal fans and brushless DC (BLDC) fans. It has a market capitalisation of ₹1,200 crore.