Upper circuit stocks in volatile market: HCC, IFB Agro Industries, RattanIndia Power zoom
A number of low-scrip stocks continued to gain thereby, locking in their respective upper circuits.
Sensex and Nifty witnessed increased volatility on Friday. Recovering from the day’s low, Sensex closed at 52,344.45 levels, up by 21.12 points or 0.04 per cent. Unbothered by the volatility in markets, some stocks locked in their upper circuits on Friday.
The shares of IFB Agro Industries gained after the company announced improved financial results for Q4FY21. Revenue from operation rose by around 30 per cent to Rs 549.46 crore in Q4FY21 compared to Rs 432.96 crore in Q4FY20. The company posted a net profit of Rs 14.45 crore for Q4FY21 as against a net loss of Rs 1.11 crore incurred in Q4FY20.
A number of low-scrip stocks continued to gain thereby, locking in their respective upper circuits. On Friday also, ADAG companies continued their strong rally.
A total of 373 companies locked in their respective upper circuits on Friday with two belonging to Group A and around 37 companies from Group B.
|
Company name
|
Circuit limit (per cent)
|
LTP (Rs)
|
|
IFB Agro Industries
|
19.99
|
646.95
|
|
Elixir Capital
|
19.98
|
55.25
|
|
Reliance Power
|
4.98
|
16.23
|
|
Reliance Communications
|
4.98
|
4.64
|
|
HCC
|
4.97
|
13.1
|
|
Majesco
|
4.96
|
91
|
|
Proseed India
|
4.87
|
4.52
|