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20% Upper Circuit: Avalon, Apar and 11 other stocks that hit upper circuit today

Alex Smith

Alex Smith

1 week ago

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20% Upper Circuit: Avalon, Apar and 11 other stocks that hit upper circuit today

Synopsis: Today, many stocks surged by 20%, signalling strong investor interest in small, fast-growing companies, which include Avalon Technologies, Kitex Garments, Indo Count, Garware Hi-Tech, Carysil, Apar Industries, Apex Frozen Foods, Goldiam International and others

Today, several stocks have hit their 20 percent daily limit, indicating strong investor interest in small, fast-growing companies. This surge suggests that investors are increasingly willing to take risks and see potential in undervalued sectors. However, such rapid gains can be volatile, so investors should proceed with caution and conduct thorough research before making any decisions.

The Benchmark indices Nifty and Sensex rose as much as 4.7% and 4.4%, respectively, in one of the biggest single-day gains after India and the US announced a long-awaited trade deal, easing tariff-related concerns that have weighed on Indian markets for months.

The agreement eases long-standing tariff concerns, boosting prospects for exports, foreign investment, and corporate earnings. This positive market reaction can attract more capital inflows and strengthen overall market sentiment in the near term.

Here is a list of a few stocks that hit their 20 percent upper circuit limits in the days trade

Avalon Technologies Limited

Avalon Technologies Limited, based in Chennai, India, is a leading, vertically integrated Electronic Manufacturing Services (EMS) provider. It specializes in high-value, precision-engineered products, including PCB design, cable assemblies, magnetics, and box-build solutions for sectors like clean energy, aerospace, and mobility. 

With a market capitalization of Rs. 6,827.44 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 1,022.70 per share on Tuesday, up from its previous closing price of Rs. 852.25 per share. 

Kitex Garments Limited

Kitex Garments Ltd | is the world’s second-largest manufacturer of cotton and organic cotton infant garments, primarily exporting to the US and Europe. Incorporated in 1992, this Kerala-based company operates as an export-oriented unit, manufacturing for major brands like Walmart and Amazon. 

With a market capitalization of Rs. 3,919.78 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 196.48 per share on Tuesday, up from its previous closing price of Rs. 163.74 per share. 

Indo Count Industries Limited

Indo Count Industries Limited (ICIL), established in 1988, is a premier Indian manufacturer and one of the world’s largest exporters of bed linen, specializing in bedding, fashion, utility, and institutional products. Based in Maharashtra, the company operates state-of-the-art facilities, exporting to many countries and holding a dominant market share in the US. 

With a market capitalization of Rs. 5,670.89 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 286.33 per share on Tuesday, up from its previous closing price of Rs. 238.61 per share. 

Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited (GHFL), formerly Garware Polyester Limited (est. 1957), is a leading Indian manufacturer and exporter of specialty polyester films, including Sun Control and Paint Protection Films (PPF) for automotive and architectural use. Renowned as the world’s first vertically integrated “chip-to-film” manufacturer.

With a market capitalization of Rs. 9,080.61 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 3,908.60 per share on Tuesday, up from its previous closing price of Rs. 3,257.20 per share. 

Yasho Industries Limited

Yasho Industries Limited, established in 1993 and based in Mumbai, is a manufacturer and exporter of specialty and fine chemicals, offering many products across five main verticals: food antioxidants, aroma chemicals, rubber chemicals, lubricant additives, and specialty chemicals.

With a market capitalization of Rs. 1,749.48 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 1,451.00 per share on Tuesday, up from its previous closing price of Rs. 1,209.20 per share. 

Pokarna Limited

Pokarna Limited, established in 1991 and headquartered in Secunderabad, India, is a premier, vertically integrated company specializing in the quarrying, processing, and export of high-quality granite and quartz surfaces. It is India’s largest exporter of granite and, through its wholly-owned subsidiary Pokarna Engineered Stone Limited (PESL), a major player in the global quartz market under the brand ‘Quantra’. 

With a market capitalization of Rs. 2,706.80 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 873.05 per share on Tuesday, up from its previous closing price of Rs. 727.55 per share. 

Carysil Limited

Carysil Limited, founded in 1987 and based in Bhavnagar, Gujarat, is a leading global manufacturer of premium composite quartz and stainless-steel kitchen sinks, alongside kitchen appliances and bathroom fittings (Sternhagen brand). As Asia’s largest and one of the world’s top four quartz sink producers, it uses specialized German technology to export to many countries. 

With a market capitalization of Rs. 2,639.33 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 972.75 per share on Tuesday, up from its previous closing price of Rs. 810.65 per share. 

Apar Industries Limited

Apar Industries, founded in 1958 and based in India, is a global leader in high-performance conductors, specialty oils (POWEROIL), and cables. The company provides critical energy infrastructure solutions for power transmission, railways, telecom, and automotive sectors across many countries. 

With a market capitalization of Rs. 38,372.79 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 9,795.00 per share on Tuesday, up from its previous closing price of Rs. 8,162.50 per share. 

Apex Frozen Foods Limited

Apex Frozen Foods Limited (AFFL) is an India-based, integrated producer and exporter of aquaculture products, specializing in processed white and black tiger shrimp. Founded in 1995 and headquartered in Kakinada, Andhra Pradesh, the company manages the entire value chain—hatchery, farming, and processing.

With a market capitalization of Rs. 1,043.75 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 352.30 per share on Tuesday, up from its previous closing price of Rs. 293.60 per share. 

Avanti Feeds Limited

Avanti Feeds Limited, incorporated in 1993 and headquartered in Hyderabad, is India’s leading integrated aquaculture company, commanding a high market share in the shrimp feed industry. It specializes in manufacturing shrimp feed, processing/exporting shrimp, and operating hatcheries. 

With a market capitalization of Rs. 12,493.72 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 960.00 per share on Tuesday, up from its previous closing price of Rs. 800.00 per share. 

K.P.R. Mill Limited

K.P.R. Mill Limited is a leading Indian, Coimbatore-based vertically integrated textile manufacturer, specializing in yarn, knitted fabrics, and readymade garments, with significant interests in sugar, ethanol, and renewable power. Founded in 1984 by three first-generation entrepreneurs, the company operates in many modern facilities, employs over 30,000 people, and exports to many countries. 

With a market capitalization of Rs. 34,212.16 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 1,030.80 per share on Tuesday, up from its previous closing price of Rs. 859.00 per share. 

Pearl Global Industries Limited

Pearl Global Industries Limited (PGIL), established in 1987, is a leading Indian-based multinational apparel manufacturer and exporter, providing end-to-end supply chain solutions, including design, manufacturing, and sourcing for major global fashion brands.

With a market capitalization of Rs. 8,278.98 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 1,920.10 per share on Tuesday, up from its previous closing price of Rs. 1,600.10 per share. 

Goldiam International Limited

Goldiam International Limited is a Mumbai-based, net-debt-free exporter specializing in manufacturing and retailing natural and lab-grown diamond (LGD) jewelry for major global retailers, primarily in the US and Europe. The company operates over an Export Oriented Unit (EoU) in SEEPZ, Mumbai.

With a market capitalization of Rs. 4,003.50 crores, it saw its stock surge by 20 percent, hit an upper circuit of Rs. 357.70 per share on Tuesday, up from its previous closing price of Rs. 298.10 per share. 

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