TPL Plastech, Zen Technologies, Cupid, Suzlon Energy and Suraj Estate Developers hit the upper circuit

Domestic equity bourses, NIFTY50 and SENSEX, were trading in the green on Tuesday, advancing by 0.22% and 0.14%, respectively. Nifty Midcap 100 index and Nifty Smallcap 100 index were in the green, increasing by 0.60% and 0.92%, respectively.

In the morning session on Tuesday, on the NSE, 96 stocks hit the upper price band (Upper circuit), and 10 stocks hit the lower price band (Lower Circuit).

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

Stocks hitting the upper circuit on Tuesday (July 30, 2024)

TPL Plastech Ltd

In the early morning session today, shares of TPL Plastech soared to a new 52-week high and locked at the 10% upper circuit limit ₹120.71. At BSE today, a spurt in volume can be seen at 3.64 times; on Wednesday as well, the stock hit an upper circuit. This sharp rise is primarily attributed to a bullish breakout in the stock's daily chart pattern, which is accompanied by higher-than-average volumes.

Zen Technologies Ltd

The company designs, develops and manufactures combat training solutions and counter-drone solutions for defense and security forces. It is actively involved in the indigenization of technologies which are beneficial to Indian armed forces, state police forces and paramilitary forces. Company has a market capitalisation of ₹14,000 crore. Over the past year, its shares have climbed 165%.

Cupid Ltd

Cupid operates in the contraceptive and personal wellness industry. It is India's premier manufacturer of male and female condoms, personal lubricant, and IVD kits. The company has recently launched its line of CUPID Deodorants and Pocket Perfumes. The company has a market capitalization of ₹2,600 crore. Over the past year, its shares have climbed 566%.

Suzlon Energy Ltd

Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG manufacturer that also undertakes installation and O&M of all WTG sales. The company has a market capitalisation of ₹93,000 crore. In the last year, its shares have surged 277%.

Suraj Estate Developers Ltd

Suraj Estate Developers is a real estate construction company that develops residential and commercial properties in the South Central Mumbai region. It has a market capitalisation of ₹3,250 crore and has increased its shares by 117% in the last six months.