The BSE, Small-cap index outperformed the broader indices on the first trading day of the new financial year by appreciating 2.5% as compared to 1% rise in the Sensex and Mid-cap index. Twenty-two stocks from the Small-cap index had closed upper limit of circuit filter.
The non-A group stocks were on a roll with as many as 300 companies closing at upper level of circuit filters on the Bombay Stock Exchange (BSE).
The stocks traded under non-A group hitting upper circuit limit indicates the return of retail investors, say market analysts. As many as 157 stocks from B group, 110 from S group, 19 from S group, 12 from TS group and Coral News and MH Mills from the Z group frozen upper limit of circuit filter.
Out of the 300 stocks that closed at its higher level circuit, as many as 14 were frozen at 20%, 67 at 10% and the remaining 219 at 5% circuit filter on the BSE.
Company | Closing price March 31 (Rs) | Closing price April 1 (Rs) | Change (%) |
Man Aluminium | 44.00 | 52.80 | 20.00 |
Anil Products | 102.55 | 123.05 | 19.99 |
Shree Ram Urban Infra | 115.65 | 138.75 | 19.97 |
Hindustan Hardy Spicer | 75.00 | 82.50 | 10.00 |
Money Matters Fin | 415.10 | 456.60 | 10.00 |
Jost's Engineering Co | 448.30 | 493.10 | 9.99 |
Rollatainers | 327.85 | 360.60 | 9.99 |
Websol Energy | 123.65 | 136.00 | 9.99 |
Mahalaxmi Rubtech | 94.65 | 104.10 | 9.98 |
UB Engineering | 131.75 | 144.90 | 9.98 |
Golden Tobacco | 110.30 | 121.30 | 9.97 |
Choice International | 74.84 | 82.30 | 9.97 |
Best Eastern Hotels | 102.35 | 112.55 | 9.97 |
Bhagwati Banquest | 67.30 | 74.00 | 9.96 |
KIC Metaliks | 46.25 | 50.85 | 9.95 |
The sectoral trend shows that 48 stocks were from non-banking financial companies (NBFC), 40 from information technology, 39 from textiles, 11 from pharmaceuticals, 10 from each from constructions and hotels and 8 each from engineering and the trading sector.
Man Aluminum, Anil Products, Shree Ram Mills, Sterling Hotel Resorts and IOL Netcom are among few had frozen 20% upper limit of circuit filter today.