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  1. Upper circuit stocks today: Senco Gold, Borosil Renewables and Tribhovandas Bhimji Zaveri were locked in 5% upper circuit

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Upper circuit stocks today: Senco Gold, Borosil Renewables and Tribhovandas Bhimji Zaveri were locked in 5% upper circuit

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3 min read | Updated on April 01, 2025, 16:22 IST

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SUMMARY

Despite the weakness in the headline indices, the broader strength of the market remains intact on Tuesday. At 12:30 pm, 1,625 stocks traded in green against 1,062 out of 2,760 stocks that traded on the NSE on Tuesday.

Upper circuit stocks today: Senco Gold, Borosil Renewables and Tribhovandas Bhimji Zaveri were locked in 5% upper circuit

Upper circuit stocks today: Senco Gold, Borosil Renewables and Tribhovandas Bhimji Zaveri were locked in 5% upper circuit | Image: Shutterstock

Indian equity benchmarks fell 1% lower in late morning deals, pressured by Realty, IT and Tech stocks, amid uncertainty surrounding Donald Trump’s impending tariff announcement.

NIFTY50 traded at 23,196 322 points or 1.3% lower, and SENSEX fell by nearly 1000 points.

The broader NIFTY Midcap 100 and Smallcap 100 fell nearly 1%, slightly better performing than the benchmark indices. Sectorally, all the indices traded in the red, except for NIFTY Media. On the other hand, Realty, IT, and Consumer Durable were the top losers, with losses of up to 3.3%.

Despite the weakness, the broader breadth of the market remained strong and in favour of advances. 1,625 stocks traded in green against 1,062 out of 2,760 stocks that traded on the NSE on Tuesday. Similarly, 201 stocks hit the upper circuit as against 38 in the lower circuit.

Here top three stocks that were locked in the upper circuit

Senco Gold

Shares of retail jewellery chain owner Senco Gold were locked in 5% upper circuit at ₹285.95 on Tuesday. The sharp uptick in the share price was fuelled by a surge in gold prices to record high levels in the global markets as well as domestic markets. Globally, gold prices hit $3,139 per ounce on Tuesday morning. Similarly, in domestic markets, gold prices touched ₹89,010 per ounce on Tuesday. Gold prices have jumped 20% in 2025 itself on a YTD basis.

Borosil Renewables

Shares of Borosil Renewables were locked in a 5% upper circuit at ₹502.35 on the NSE after the company announced a major development in the delevraging of the overall group and its step-down subsidiary in Germany. The company announced the settling of dues worth EUR 10.2 billion to HDFC and EUR12 billion to HSBC. The company arranged standby letters of credit (SBLC) for its German stepdown subsidiary, GMB, which was going through the crisis as it had to suspend its operations for solar module plant due to Chinese dumping.

Tribhovandas Bhimji Zaveri

Tribhovandas Bhimji Zaveri's share price was locked in 4.75% upper circuit at ₹192 apiece on the NSE. The shares were in focus after a sharp uptick in gold prices as uncertainty over tariff looms across investors. In addition, the festival demand on the occasion of Gudi Padwa remained robust for gems and jewellery businesses across India. Domestically, gold prices have crossed the ₹89,000 per ounce rate in bullion markets.

Apart from the above three stocks, 198 other stocks also hit the upper circuit levels. The list includes names like Godfrey Phillips, Refex Industries, Panacea Biotech, Hester Biosciences, Kernex Mircrosystems and more.

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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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