What happens when stock reaches upper circuit?

If a stock hits upper circuit price, you will have only buyers and no sellers. So you will not be able to buy back the stock sold for intraday. So this intraday trade will end up converting to a delivery trade. If you by chance had this stock in your demat, it will be transferred to the exchange.

Who decides upper circuit?

The circuit levels are determined by the stock exchanges so as to protect investors from an unwanted too much of a surprise moment. When a stock hits an upper circuit, there will be only buyers and no sellers. So, if someone wants to sell the stock, they can do so.

Can upper circuit change?

no. there is not any process for any individual to change circuit limit. circuit limit is set by exchange .

How long does upper circuit last?

A stock, depending on its category, can move by a maximum of 5 per cent, 10 per cent or 20 per cent on either side, on any given trading day. Having said that, the maximum permissible limit for stocks are calculated on the basis of their previous day closing price on exchanges.

Can stock go above upper circuit?

An upper circuit is the maximum price to which a stock is allowed to move upwards. So, the stock price is allowed to move between Rs. 80 to Rs. 120 on that given day.

Can a stock move above upper circuit?

In order for a stock not to be allowed to freely move upwards or fall downwards, exchanges usually limit the maximum (and minimum) price moment of the stock. These limits are called circuit limits. An upper circuit is the maximum price to which a stock is allowed to move upwards.

Can we sell above upper circuit?

Of cource . In upper circuit sellers can sell , only restriction is on buying . Many stocks reopen for regular trading after hitting upper circuit because of the same rule . Like above you can buy in lower circuit but can’t sell .

What will the Alok Industries Ltd (521070) future stock price be?

The Alok Industries Ltd (“521070” ) future stock price will be 70.323 INR . Will Alok Industries Ltd stock price crash? According to our analysis, this will not happen.

What are the key products/revenue segments of Alok Industries?

Alok Industries Ltd. key Products/Revenue Segments include Textile Fabrics which contributed Rs 5317.13 Crore to Sales Value (98.79 \% of Total Sales), Job Work which contributed Rs 59.06 Crore to Sales Value (1.09 \% of Total Sales) and Scrap which contributed Rs 5.76 Crore to Sales Value (0.10 \% of Total Sales)for the year ending 31-Mar-2018.

Why did Reliance Industries invest in Alok Industries?

Alok industries is involved in textile business and textile is a major end use Industry for petrochemicals. Reliance is looking to expand their reach across the value chain which resulted in this investment.