These BSE M Group stocks were locked in an upper circuit of 20 per cent on October 11

On a day when most companies traded negatively, these three stocks were the top gainers.

Tracking weak global cues, the frontline index Sensex closed at 57079.17, down by 1.46 per cent or 843 points.

Suratwwala Business Group, U.H.Zaveri and Navoday Enterprises witnessed positive action in today’s session.  

Shares of Suratwwala Business Group opened at 20 per cent upper circuit in today’s session to touch a new all-time high at Rs 264, and the stock was locked in the upper circuit for the rest of the trading session. This Pune-based real estate developer primarily focuses on the development of residential and commercial projects in the Pune district. The stock has given multibagger returns of 277 per cent in the last one year. 

Another constituent of BSE ‘M’ Group that rallied was UH Zaveri gaining 19.98 per cent in today’s session to close at Rs 53.15. The intra-day high of the stock was Rs 53.15 which was also the upper circuit of the stock. 

Navoday Enterprises Ltd also rallied 19.98 per cent at Rs 13.03 over its previous close of Rs 10.86. The stock hit the upper circuit of 20 per cent for consecutive 2 sessions on the back of positive momentum on the back of the proposed board meeting tomorrow where it will consider the issue of bonus shares. The company operates in three business verticals i.e Marketing support and Advertising; Management and Financial Consultancy services; and Component Supply and support services to manufacturers of packaging and allied machines.