Top Upper Circuit Stocks: List of Best Upper Circuit Shares to Buy (2024)

Upper circuit stocks are high-flying stocks have taken the market by storm, capturing the attention of investors everywhere with their potential for significant gains and exciting trading opportunities. 

But before you jump in, it’s important to understand the ins and outs of these upper circuit shares. In this comprehensive guide, we’ll take a deep dive into the world of upper circuit stocks, exploring what they are, how they work, how to buy shares in upper circuit, and the strategies you can use to make the most of them.

List of Top Upper Circuit Stocks on NSE

Check out the upper circuit stock list below:

Company Name	Sub-Sector	Market Cap (Rs. in cr.)	Close Price (Rs.)	PE Ratio	1D Return (%)
KPR Mill Ltd	Textiles	31,957.90	934.95	39.68	8.83
Rainbow Children's Medicare Ltd	Hospitals & Diagnostic Centres	14,077.60	1,386.25	64.88	7.29
Asahi India Glass Ltd	Auto Parts	17,221.71	708.45	52.51	5.17
PB Fintech Ltd	Online Services	85,159.99	1,877.45	1271.42	3.98
United Breweries Ltd	Alcoholic Beverages	56,331.52	2,130.50	137.38	3.97
AU Small Finance Bank Ltd	Consumer Finance	55,942.61	752.50	36.45	3.90
Campus Activewear Ltd	Apparel & Accessories	10,696.36	350.35	119.59	3.73
Concord Biotech Ltd	Pharmaceuticals	23,544.40	2,250.55	76.42	3.16
Endurance Technologies Ltd (CN)	Auto Parts	35,587.70	2,530.00	52.30	3.11
Suven Pharmaceuticals Ltd	Pharmaceuticals	30,025.94	1,179.50	100.00	3.04

Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

Note: The data on this list of upper circuit stocks today is from 19th September 2024. This data is derived from Tickertape Stock Screener using the following parameters:

• Stock Universe: Nifty 500
• 1D Return: Sorted from Highest to Lowest

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

Best Upper Circuit Stocks in India (2024): An Overview

KPR Mill Ltd

K.P.R. Mill Limited is a fully integrated apparel manufacturer involved in producing and selling yarn, knitted fabric, readymade garments, and wind power. Its main business segments are textiles, sugar, and other products. The company’s product range includes yarn, fabric, garments, and sugar. Over the last 5 years, the company’s revenue has grown at a yearly rate of 12.36%, higher than the industry average of 4.08%, and its market share increased from 2.55% to 3.67%. 

Rainbow Children’s Medicare Ltd

Rainbow Children’s Medicare Ltd was initially incorporated as a private limited company on 7th August 1998, under the name Rainbow Children’s Medicare Private Limited. This upper circuit share today later converted into a public limited company, with the name officially changed to Rainbow Children’s Medicare Limited on 20th November 2021, as per the new certificate of incorporation issued by the Registrar of Companies, Hyderabad. Over the last 5 years, the company’s revenue has grown at a yearly rate of 19.34%, higher than the industry average of 10.02%, and its market share increased from 1.5% to 2.16%. 

Asahi India Glass Ltd

Asahi India Glass (AIS), India’s largest integrated glass company, produces a wide range of automotive safety glass, float glass, and architectural processed glass. The company is evolving from a glass manufacturer to a solutions provider by advancing in the auto and architectural glass sectors. Over the last 5 years, the company’s net income has grown at a yearly rate of 11.52%, higher than the industry average of 10.9%, and its market share increased from 1.34% to 1.35%. 

PB Fintech Ltd

Policybazaar.com was founded in June 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar as an insurance comparison platform. Initially incorporated as ‘Etechaces Marketing and Consulting Private Limited’ on 4th June 2008, it was later renamed PB Fintech Private Limited on 18th September  2020. Over the last 5 years, the company’s revenue has grown at a yearly rate of 48.5%, higher than the industry average of 23.74%, and its market share increased from 4.95% to 10.7%. 

United Breweries Ltd

Founded in 1999, United Breweries Limited manufactures and supplies beer and non-alcoholic beverages in India and internationally. The company began brewing in 1915 with five breweries in South India. Over the last 5 years, the company’s debt-to-equity ratio has been 3.51, much lower than the industry average of 33.47, and its urrent ratio has been 158.66, higher than the industry average of 134.5. 

AU Small Finance Bank Ltd

AU Small Finance Bank began as a Non-Banking Financial Company (NBFC-ND) after receiving its licence from the RBI on 7th November 2000. Initially named AU Financiers (India) Limited, it was rebranded as AU Small Finance Bank Ltd. on 13th April 2017. The bank partnered with HDFC Bank in 2005 to finance commercial vehicles. Over the last 5 years, the company’s revenue has grown at a yearly rate of 29.24%, higher than the industry average of 15.21%, and its market share increased from 2.73% to 5.24%. 

Campus Activewear Ltd

Campus Activewear Limited was initially registered as Action Renewable Energy Private Limited on 24th September 2008, with a Certificate of Incorporation issued by the Registrar of Companies, Delhi and Haryana. On 27th November 2015, shareholders approved a name change to Campus Activewear Private Limited during an Extra-Ordinary General Meeting. Over the last 5 years, the company’s revenue has grown at a yearly rate of 24.3%, higher than the industry average of 7.75%, and its market share increased from 1.31% to 2.58%. 

Concord Biotech Ltd

Based in India, Concord Biotech Ltd is a leading biopharma company, specialising in developing and manufacturing fermentation-based active pharmaceutical ingredients (APIs). It holds a significant market share in immuno-suppressants and oncology, supplying to over 70 countries, including major regulated markets such as the United States, Europe, and Japan, as well as India. Over the last 5 years, the company’s debt-to-equity ratio has been 4.83, lower than the industry average of 24.14, and its current ratio has been 491.79, higher than the industry average of 186.75. 

Endurance Technologies Ltd (CN)

Endurance Technologies Limited began as Endurance Suspension Systems (India) Pvt Ltd on 27th December 1999. It stands as India’s largest manufacturer of components for two- and three-wheelers. The company operates in Europe, boasting advanced manufacturing facilities in Italy and Germany. Additionally, Endurance produces components for four-wheeler passenger vehicles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Over the last 5 years, the company’s debt-to-equity ratio has been 16.19%, lower than the industry average of 68.14%, and its current ratio has been 162.39 higher than the industry average of 107.75. 

Suven Pharmaceuticals Ltd

Suven Pharmaceuticals Limited (SPL), established on 6th November 2018, is a bio-pharmaceutical company focused on developing and manufacturing New Chemical Entity (NCE) based intermediates, Active Pharmaceutical Ingredients (API), speciality chemicals, and formulated drugs. SPL provides contract research and manufacturing services (CRAMS) to global pharmaceutical, biotechnology, and chemical companies. Over the last 5 years, the company’s revenue has grown at a yearly rate of 24.09%, higher than the industry average of 9.04%, and market share increased from 0.17% to 0.3%.

How to Buy Upper Circuit Shares?

At this point, you may be asking yourself, ‘can we buy share with upper circuit?’. Well, look no further! Investing in continuous upper circuit stocks today offers an interesting opportunity, but it’s essential to explore different avenues wisely. First and foremost, stock with upper circuit markets are the primary platform. This is where stocks are traded, so you can invest through a brokerage account. Therefore, keep an eye on news and trading platforms to stay updated on upper circuit stocks. Another way is through mutual funds or exchange-traded funds (ETFs) that focus on specific market segments or themes, including those related to these penny stock upper circuit.

What is an Upper Circuit?

During a trading session, an upper circuit represents the maximum allowable increase in the price of a stock or index. When a stock reaches its upper circuit limit, trading for that stock is suspended either temporarily or for the remainder of the day. This situation typically arises when there is a significant increase in demand or positive news regarding a company or the market. An upper circuit also signals that there are only buyers and no sellers in the market. This occurrence can contribute to a positive sentiment among investors and traders, potentially impacting the market positively.

What are Upper Circuit Stocks on NSE?

Upper circuit stocks are stocks that have hit their upper circuit limit. This means their price has risen to the maximum percentage allowed by the stock exchange for that particular trading day.

How to Identify Upper Circuit Stocks?

The upper circuit limit for a stock is determined by the stock exchange and varies based on the stock’s price and volatility. The circuit limit is a percentage change from the stock’s previous closing price. The percentage change varies from stock to stock and can range from 2% to 20%. For example, if the circuit limit for a stock with upper circuit is set at 10%, it means that the stock can only rise a maximum of 10% from its previous day’s closing price. Let us now learn how to buy upper circuit shares and how they work!

What Happens When a Stock Hits Upper CIrcuit?

An upper circuit represents the highest percentage rise in a stock’s price during one trading session. When a stock reaches its upper circuit, trading for that stock halts temporarily. This measure aims to curb investors from consistently purchasing the stock at exaggerated prices, thus mitigating the risk of market bubbles.

How Does Trading in the Upper Circuit Stocks Work?

Trading in share with the upper circuit in NSE works differently from other stocks. The exchange sets the limit and varies from stock to stock. Once a stock with upper circuit hits its upper circuit limit, trading in that stock is suspended for a certain period. Typically between 15-45 minutes. 

This is done to prevent excessive speculation and price manipulation. Furthermore, it allows the market to cool down and for traders and investors to analyze the situation before resuming trading. During the suspension, only buyers stocks’ orders can be placed. However, the sellers cannot place orders to sell until trading resumes. 

Once trading resumes, the stock may continue to trade at its today’s upper circuit stocks price or may fall below that price.

Who Should Invest in Upper Circuit Stocks?

1. Investing in upper circuit stocks attracts traders and investors seeking potential opportunities in stocks with limited trading availability. 
2. Traders interested in short-term gains and volatility may find upper circuit stocks intriguing due to their restricted trading conditions. 
3. Investors with a higher risk tolerance and an interest in emerging trends might also explore upper circuit stocks NSE today to explore potential growth opportunities. 

However, thorough research and analysis are necessary before investing, as upper circuit stocks can be highly volatile and speculative. Additionally, investors should consider the risks associated with these stocks, such as sudden price reversals and liquidity constraints.

Factors That Can Trigger Upper Circuit in Stock Market

Now that we know how to buy shares in upper circuit, let’s look at a few factors that can trigger upper circuits in the stock market. Several factors can trigger upper circuits stocks in the stock market. Here are a few:

• Positive News and Announcements: Positive news about a company, such as a new product launch, expansion plans, or a significant order win, can trigger an upper circuit in its stock price. For example, if a company announces a major merger or acquisition, it can make its stocks hit the upper circuit as investors rush to buy stocks with upper circuit in the market. 
• Strong Financial Results: When a company reports better-than-expected financial results, it can increase buying interest from investors. As a result, this can lead to an upper circuit in its stock price.
• Positive Market Sentiment: A positive market mood index (MMI), driven by political stability, economic growth, or global market trends, can lead to an upper circuit in stock prices across the market.

When to Invest in Upper Circuit Stocks?

When trading upper circuit stocks, timing is crucial for maximising potential gains. Investors can consider entering the market when there is high demand for the stock, indicated by increased trading volumes and positive market sentiment. Monitoring market trends and news related to the specific stock or industry can help identify opportune moments to engage in upper circuit trading. Additionally, understanding the factors driving the stock’s price movement, such as company performance or industry developments, can aid in making informed decisions on when to participate in upper circuit trading activities.

Benefits of Investing in Upper Circuit Stocks NSE

Now that we know what is upper circuit in share market, let’s explore a few benefits of investing in these shares. Investing in NSE upper circuit stocks today NSE can offer potential benefits, but it’s essential to understand the associated risks and exercise caution. Here are some potential advantages:

• High Growth Potential: Upper circuit stock today usually shows strong upward momentum. This, in turn, can attract investors who might be seeking substantial returns within a short period.
• Market Sentiment: These UC stocks can often garner attention due to positive news, market sentiment, or favourable developments.
• Liquidity: During the trading halt caused by an upper circuit, investors may have the time to assess their positions and make informed decisions. This can help prevent hasty or impulsive trading.

Now that we know how to find upper circuit stocks, it is important to employ strategies to upper circuits to your advantage.

Strategies to Use Upper Circuit Or Price Bands to Your Advantage

Here are some strategies you can use for investing in upper circuit stock list today to your advantage: 

Understand Market Trends and Sentiments

Keep an eye on the overall market trends and sentiments, as these can impact upper circuit stocks. Look for sectors that are performing well or have positive news. As these can be good places to start your research.

Plan Your Entry and Exit Points

If you plan to invest in a particular stock, it can be a good idea to check its today upper circuit stocks and lower circuit stock limits. Thus, you can use these limits to determine the stock’s entry and exit points.

Conduct Thorough Research

Before investing in an upper circuit stock, conduct thorough research on the company, its financials, and its future growth prospects. Thus, look for strong fundamentals and positive news supporting the stock price increase.

Be Aware of Trading Patterns and Volume

Closely monitor trading patterns and volume for upper circuit & lower circuit stocks. High trading volumes can be a positive sign and indicate a lack of liquidity.

Manage Your Risk

Circuits or price bands can help you manage your risk. If you have invested in a stock that has hit its circuit limit, you can be sure that the price will not move beyond a specific range in a single trading session. Thus, this can help you limit your losses and manage your risk effectively.

Set Realistic Profit Targets and Minimize Losses

Determine your entry and exit points for upper circuit stocks, and set realistic profit targets based on your research.

Avoid Sudden Price Movements

Circuits or price bands can help you avoid sudden price movements in a stock. If a stock has hit its circuit limit, therefore, the trading in that stock will be suspended for some time.

As always, please do your own research and/or consult a financial advisor before investing.

Factors to Consider While Investing in Upper Circuit Stocks

If you find yourself wondering, ‘can we buy shares after upper circuit?’, consider these following options, Though investing in continuous upper circuit stocks in NSE today can potentially lead to high returns, it is important to consider the following factors, now that we know how to buy shares in upper circuit:

• Lack of Liquidity: Daily Upper circuit stocks list NSE today can have low trading volumes, which can make it difficult to buy or sell UC stocks when you need to. This can result in higher bid-ask spreads, which might impact your returns.
• Limited Price Discovery: The upper circuit limit can artificially inflate the stock price, making it difficult to determine its fair value. This can lead to increased volatility in the stock price when trading resumes.
• Risk of Price Manipulation: The limited price discovery and lack of liquidity can make today upper circuit shares vulnerable to price manipulation. This can result in sudden and sharp price movements, impacting your returns.
• Potential Downsides: Investing in continuous Nifty upper circuit stocks can yield high returns. However, it is important to note that there are potential downsides. Such as a sudden drop in the stock price when trading resumes or a lack of fundamentals to support the price increase.

To Wrap It Up…

Investing in upper circuit stocks can be a potentially rewarding but risky venture. Hence, to avoid the potential downsides and use circuits or price bands to your advantage, it is important to conduct thorough research and follow all the strategies that we have shared above.  Moreover, when approaching investing, you can also consider using smallcase. It is a platform that provides pre-built portfolios of stocks that align with different investment themes and strategies.

Frequently Asked Questions About Upper Circuit Stocks

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