Eight stocks are set to turn ex-date on January 23, 2025, marking important corporate action milestones for investors. The list features prominent companies including Havells and Tips Music, with various corporate actions ranging from dividend payouts to bonus issues and rights offerings.

Key Corporate Actions Overview

The corporate actions scheduled for today include significant shareholder benefits across multiple categories. Investors holding shares before the ex-date will be eligible for the announced benefits, while those purchasing shares on or after the ex-date will not qualify for these corporate actions.

Companies Going Ex-Date

The eight companies turning ex-date today represent diverse sectors of the Indian equity market. Havells and Tips Music are among the notable names in this list, each offering different types of corporate actions to their shareholders.

Impact on Shareholders

Shareholders who purchased shares before January 23, 2025, will be entitled to receive the announced benefits. The ex-date mechanism ensures that only investors holding shares in their demat accounts before this date qualify for the corporate actions. These actions provide multiple benefits including immediate income through dividends and potential portfolio expansion through bonus shares.

Investment Considerations

The combination of dividend payouts, bonus issues, and rights offerings presents varied opportunities for different investor profiles. Income-focused investors benefit from dividend distributions, while growth-oriented shareholders gain from bonus share allocations that increase their shareholding without additional investment.

On January 22, 2026, nine stocks hit their 20% upper circuit limits, demonstrating strong buying interest and rising market optimism across various sectors. The surge reflects increased risk appetite among investors, particularly in smaller and growth-oriented companies.

Market Performance Overview

The following table shows the nine stocks that reached their 20% upper circuit on January 22, 2026:

Leading Performers by Market Capitalization

Bajaj Consumer Care Limited emerged as the largest company by market capitalization at ₹3,895.20 crores to hit the upper circuit. The personal care products manufacturer, known for brands like Bajaj Almond Drops and Nomarks, saw its shares surge to ₹297.05 from the previous close of ₹247.55. The company operates in domestic and international markets as part of the Bajaj Group with a legacy since 1953.

Lotus Chocolate Company Limited, with a market cap of ₹856.75 crores, reached ₹667.20 per share from ₹556.00. The company manufactures and distributes premium chocolate, cocoa derivatives, and confectionery products across consumer, gifting, and industrial segments.

Mid-Cap and Small-Cap Movers

Transworld Shipping Lines Limited (market cap: ₹375.58 crores) hit ₹172.55 per share, up from ₹143.80. The integrated shipping and logistics services provider operates across Indian coastal and international routes. However, the stock later retreated to ₹171.05 per share.

Globe Civil Projects Limited reached ₹57.66 from ₹48.05, with a market capitalization of ₹337.41 crores. The civil engineering and construction company specializes in infrastructure development including roads, bridges, and urban projects. The stock subsequently declined to ₹56.50 per share.

Atmastco Limited (market cap: ₹342.33 crores) surged to ₹138.40 from ₹115.35. The company specializes in precision metal fabrication, heavy structural engineering, and turnkey EPC project solutions for industrial sectors.

Smaller Companies with Strong Gains

Among the smaller companies, Global Vectra Helicorp Limited with a market cap of ₹259.14 crores reached ₹196.04 from ₹163.37. The helicopter services company provides offshore oil and gas support, VIP charters, and specialized aerial services. The stock later retreated to ₹186.00 per share.

Ushanti Colour Chem Limited (market cap: ₹58.43 crores) hit ₹57.60 from ₹48.00. The Gujarat-based manufacturer and exporter of pigments, dyestuffs, and specialty chemicals serves paints, plastics, textiles, and inks industries. The stock subsequently declined to ₹52.00 per share.

Panjon Limited, Excellent Wires and Packaging Limited also joined the upper circuit list with market caps of ₹42.24 crores and ₹28.97 crores respectively. Panjon Limited, an FMCG and pharmaceutical company from Indore, manufactures Ayurvedic formulations and consumer healthcare products under brands like Panjon, Swad, Percy, and Hinkargiri. Excellent Wires and Packaging supplies wire products and packaging solutions to various industries.

Market Implications

The broad-based rally across diverse sectors indicates strong investor confidence and risk appetite. The companies represent various industries including personal care, logistics, construction, food processing, chemicals, aviation services, and FMCG, suggesting widespread market optimism rather than sector-specific momentum.