Several Small-Cap Stocks Trade Near Upper and Lower Circuit Limits
A mixed trend was witnessed among select small-cap and SME stocks on the exchange, with several counters trading close to their upper and lower circuit limits, reflecting stock-specific action amid thin volumes.
On the upper circuit side, MAL emerged as the top gainer, rising 4.81% to trade near its 5% price band, indicating strong buying interest. CEREBRAINT followed with a 3.63% gain, also operating within a 5% circuit limit, while SITINET advanced 3.03% despite a narrower 2% price band, suggesting restricted upward movement but steady demand. Other stocks such as SETUINFRA and COMPINFO also posted gains of over 2%, hovering close to their respective upper bands.
In contrast, ITTL was seen trading near its lower circuit, declining 2%, which corresponds with its 2% price band, signaling selling pressure and limited downside flexibility. Market participants remained cautious in such counters due to low liquidity and restricted price movement.
Overall, trading activity remained stock-specific, with most counters recording modest volumes and low traded value, highlighting the speculative nature of movement in circuit-bound stocks. Analysts advise investors to exercise caution, as circuit-filter stocks can witness sharp moves with limited exit opportunities.
