Nine Stocks Hit 20% Upper Circuit on January 22, 2026 Amid Strong Buying Interest
Nine stocks hit 20% upper circuits on January 22, 2026, led by Bajaj Consumer Care (₹3,895.20 cr market cap) and including companies across personal care, shipping, construction, chocolate manufacturing, and other sectors. The broad-based rally indicates strong buying interest and positive investor sentiment across diverse industries.
*this image is generated using AI for illustrative purposes only.
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:
| Company | Market Cap (₹ cr) | Circuit Price (₹) | Previous Close (₹) | Gain (%) |
|---|---|---|---|---|
| Bajaj Consumer Care | 3,895.20 | 297.05 | 247.55 | 20% |
| Transworld Shipping Lines | 375.58 | 172.55 | 143.80 | 20% |
| Globe Civil Projects | 337.41 | 57.66 | 48.05 | 20% |
| Lotus Chocolate Company | 856.75 | 667.20 | 556.00 | 20% |
| Atmastco | 342.33 | 138.40 | 115.35 | 20% |
| Excellent Wires and Packaging | 28.97 | 64.80 | 54.00 | 20% |
| Ushanti Colour Chem | 58.43 | 57.60 | 48.00 | 20% |
| Global Vectra Helicorp | 259.14 | 196.04 | 163.37 | 20% |
| Panjon Limited | 42.24 | 24.61 | 20.51 | 20% |
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.
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