Stocks That Hit Circuit Limits On March 6, 2025: Zaggle, Godfrey Phillips and More

On March 6, 2025, BSE Sensex closed 0.83% higher at 74,340.09, while Nifty50 gained 0.93% to close at 22,544.70. Amidst the market volatility, stocks like Zaggle, Godfrey Phillips and Wockhardt hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Lower Circuit on March 6, 2025

Stock Symbol Last Price (₹) Change (%) Price Band (%) Volume (Lakh) Delivery (%)
GENSOL 334.8 -10 10 1.9 6.38
NIRMAN 215.45 -4.98 5 1.67 3.64
COFFEEDAY 31.48 -5.01 5 11.46 3.61
FRESHARA 144.4 -5 5 1.51 2.22
BEWLTD 151.6 -4.98 5 1.18 1.83

Stocks That Hit Upper Circuit on March 6, 2025

Stock Symbol Last Price (₹) Change (%) Price Band (%) Volume (Lakh) Delivery (%)
IGIL 329.8 1.29 5 51.37 173.75
GODFRYPHLP 5,418.60 5 5 1.4 74.79
WOCKPHARMA 1,322.00 2.9 5 5.63 74.62
ZAGGLE 367 1.85 5 17.64 65.55
63MOONS 718.85 -1.51 5 6.5 48.2

Overview of Companies Hitting Circuits Today

  • Gensol Engineering

The stock hit its lower circuit, dropping 10% to ₹334.80. It opened at ₹334.80, which was also its lowest point for the day, and remained at that level, indicating strong selling pressure from the start.

  • International Gemmological Institute (India)

The stock gained 1.29%, closing at ₹329.80. It opened at ₹329, touched a high of ₹341.85, and dipped to a low of ₹327.10 before settling near its opening levels. The previous close was ₹325.60.

  • Godfrey Phillips India

The stock surged 5% to ₹5,418.60, hitting the upper circuit. It opened at ₹5,245.95, reached a high of ₹5,418.60, and had a low of ₹5,181.20. With a previous close of ₹5,160.60.

  • Wockhardt

The stock rose 2.90% to ₹1,322, after opening at ₹1,308. It hit a high of ₹1,348.90 and a low of ₹1,291 before closing higher than its previous close of ₹1,284.70

  • Zaggle Prepaid Ocean Services

The stock gained 1.85%, closing at ₹367. It opened at ₹368, peaked at ₹378.35, and hit a low of ₹362.65 before settling slightly lower. The previous close was ₹360.35

Conclusion

The stock market on March 6, 2025, witnessed significant price movements, with multiple stocks hitting their circuit limits. While stocks like Godfrey Phillips, Wockhardt, and Zaggle surged to their upper price bands, others like Gensol Engineering and Coffee Day faced selling pressure, hitting their lower circuits. Such movements indicate strong market trends, driven by sectoral developments, investor sentiment, and broader economic factors.

As always, investors should exercise caution, conduct thorough research, and assess market conditions before making investment decisions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Axiscades Technologies Share Price Rises 5% on Aerospace and Defence Computing Deal

The stock of Axiscades Technologies surged 5% after its subsidiary, Mistral Solutions, announced a strategic alliance with Altera (an Intel Company) to revolutionise high-performance computing in aerospace and defence.

The announcement, made at an exclusive event in Bengaluru, has sparked investor optimism over Axiscades’ expanding role in India’s defence technology sector.

Partnership Details

Mistral and Altera’s collaboration aims to integrate Altera Agilex 9 Direct RF FPGA technology into next-gen defence applications, including electronic warfare (EW), radar, and signal intelligence (SIGINT), the company said in a press release on the stock exchanges.

This cutting-edge innovation promises real-time data processing and ultra-low latency communication, critical for mission-focused defence operations.

Unveiling Next-Gen Defence Tech

At the Bengaluru event, Mistral also launched its SOSA-Aligned 3U VPX Processing Engines, powered by Altera’s FPGA technology. These rugged processing cards, designed for high-speed, mission-critical environments, are set to transform defence, aerospace, and communication infrastructure.

About Axiscades

Axiscades, known for its deep ties with DRDO, ISRO, HAL, and BEL, is expanding its footprint in high-tech defence computing. With a robust technology roadmap, including AI-powered telemetry systems, anti-drone solutions, and radar technologies, Axiscades is well-positioned for future growth.

Axiscades Technologies Share Price Performance

Axiscades Technologies share price surged 4.99% to reach ₹780 at 2:40 PM on the NSE. The stock opened at ₹739.30 and hit an intraday low of ₹739 before climbing to its high of ₹780.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s Credit Card Growth Slows: Disbursement Hits 4-Year Low

India’s credit card industry is witnessing a slowdown, with disbursement growth hitting a 4-year low. January 2025 saw a decline in total spending and a reduction in the number of credit cards in circulation. While major banks still dominate the market, cautious consumer sentiment and market saturation are becoming evident.

Credit Card Sector Faces Slowdown in Growth

India’s credit card industry has experienced a significant deceleration, with credit disbursement growth falling to its lowest level in 4 years. According to a report by ACMIIL, a stock market research firm, January 2025 recorded a drop in both total spending and the number of credit cards in use.

Total credit card spending in January stood at ₹1.84 trillion, reflecting a month-on-month (MoM) decline from ₹1.88 trillion in December 2024. Despite this dip, spending remained 14% higher on a year-on-year (YoY) basis.

The MoM decline was attributed to December’s typically high spending levels due to year-end festivities and New Year celebrations.

Decline in Transactions and Credit Card Count

Transaction volumes also followed a downward trend, dropping 1% MoM to 430 million transactions in January. However, YoY growth remained strong at 31%.

Even so, the report highlighted that this was the weakest YoY growth in transaction volumes since March 2024, signalling a prolonged slowdown in the sector.

Additionally, the total number of outstanding credit cards fell by 1.2 million, reducing the total to 109 million, compared to 110 million in December. The average spend per card also saw a slight decline, dipping to ₹16,911 from ₹17,093 in the previous month.

Market Trends and Consumer Behaviour

Despite the overall slowdown, India’s top 5 banks continue to maintain their dominance in the credit card market, holding a 75% market share in terms of outstanding credit cards. The report suggests that while credit card usage continues to expand on an annual basis, the rate of growth is slowing.

Conclusion

The credit card industry in India remains strong, but its growth trajectory is slowing down. While YoY spending and transaction volumes are still increasing, the decline in MoM figures points to a shift in consumer behaviour.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold vs Gold ETFs: Which One to Choose Amid Rising Prices?

Gold prices have been on a remarkable surge since the beginning of 2025, climbing over 11.35% so far. Despite a recent dip on March 5, the precious metal remains close to its all-time high of ₹86,105 per 10 grams.

With gold remaining a preferred safe-haven asset, investors today have multiple options beyond just physical gold. Among them, Gold Exchange-Traded Funds (ETFs) have emerged as a viable alternative. So, which is the better investment option?

Gold vs Gold ETFs: Key Differences

Both physical gold and Gold ETFs offer similar long-term returns, but they differ in terms of cost-effectiveness and convenience.

1. Cost and Storage Considerations

  • Physical gold, especially in the form of jewelry, incurs additional costs such as making charges and storage expenses.
  • Gold ETFs, held digitally in demat form, eliminate concerns related to storage, purity, and security.

2. Liquidity and Trading

  • Selling physical gold may require authentication and involve transaction costs.
  • Gold ETFs offer high liquidity and can be bought or sold easily on stock exchanges.

3. Investment Flexibility

  • Physical gold purchases require a lump sum investment.
  • Gold ETFs allow investments in smaller denominations and even systematic investment plans (SIPs).

4. Returns Over Time

While physical gold has historically provided slightly higher returns, Gold ETFs are more cost-effective and efficient.

Investment Option 5-Year CAGR 10-Year CAGR 15-Year CAGR
Physical Gold 20% 12% 11%
Gold ETFs 13.8% – 14.07% 10.02% – 10.28% 9.54% – 9.62%

Final Verdict: Which One Should You Choose?

  • Choose Physical Gold if you prefer tangible assets with long-term appreciation and don’t mind the storage and security hassles.
  • Choose Gold ETFs if you seek flexibility, easy liquidity, and cost-effective transactions without storage concerns.

Conclusion

Both physical gold and Gold ETFs serve as solid investment options, but the right choice depends on individual financial goals and preferences. If you prioritise owning a tangible asset with long-term value appreciation and are comfortable with storage and security concerns, physical gold is a good option.

However, if liquidity, cost-effectiveness, and hassle-free trading are more important to you, Gold ETFs provide a more flexible and convenient alternative.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

Adani Enterprises Sees Major Stake Sale as IHC Capital Offloads ₹1,832 Crore Shares

Abu Dhabi-based IHC Capital Holding divested ₹1,832 crore worth of Adani Enterprises shares, selling 84.48 lakh shares (0.73% stake) via open market transactions, as per news reports.

Major Stake Sale by IHC Capital

In a notable market move, Abu Dhabi-based IHC Capital Holding divested over 84 lakh shares of Adani Enterprises, amounting to ₹1,832 crore, through open market transactions on Wednesday.

The sale was executed through its subsidiaries—Green Vitality RSC and Green Energy Investment Holding RSC, as per block deal data on the Bombay Stock Exchange (BSE).

Transaction Details

IHC Capital offloaded 84.48 lakh shares, representing a 0.73% stake in Adani Enterprises, at an average price of ₹2,168.1 per share. The total transaction value stood at ₹1,831.82 crore.

Additionally, Envestcom Holding RSC Ltd executed a similar sale, offloading the same volume of shares in two tranches at the same price.

Adani Enterprises’ Market Performance

Despite the stake sale, Adani Enterprises’ stock surged 4.57% on Wednesday, closing at ₹2,244.85 per share on the BSE.

Adani Enterprises Limited traded at ₹2,244.55 at 11:30 AM as of March 6, 2025, reflecting a marginal decline of 0.06% (-₹1.30) from its previous close of ₹2,245.85. The stock opened at ₹2,260, reaching an intraday high of ₹2,261.95 before dipping to a low of ₹2,226.15.

Conclusion

The strategic exit of IHC Capital from a partial holding in Adani Enterprises highlights dynamic shifts in institutional investments.

While the impact of this sale on the broader market remains to be seen, Adani Enterprises continues to attract strong investor interest.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Varun Beverages Share Price in Focus; Gains Over 1% on March 6, 2025

Varun Beverages Limited’s share price traded at ₹479.95, up 0.83% (+₹3.95) at 11:10 AM on the NSE from its previous close of ₹476. The stock opened at ₹482.50, touched an intraday high of ₹487.40, and recorded a low of ₹479.05.

The stock saw consistent upward momentum, with notable gains of 4.79% on March 3 and 4.45% on March 4. The last time it recorded a loss was on March 5, 2025, when it declined 0.27% to ₹476.00, before rebounding on March 6 with a 1.28% gain.

Varun Beverages Q3 FY25 Financial Performance

Varun Beverages recorded a 36.1% year-on-year (YoY) increase in consolidated net profit, reaching ₹195.64 crore in Q3 FY25, driven by robust revenue growth. Net revenues surged 38.3% YoY to ₹3,688.79 crore compared to Q3 FY24.

Total expenses rose 39.8% YoY to ₹3,478.61 crore, primarily due to higher raw material costs (up 41.1% YoY), increased employee expenses, and other operational costs (up 40% YoY).

EBITDA expanded 38.7% YoY to ₹579.97 crore, up from ₹418.29 crore in Q3 FY24, while the EBITDA margin remained steady at 15.7%.

Profit before tax grew 35.2% YoY to ₹254.14 crore, compared to ₹187.98 crore in Q3 FY24. Meanwhile, tax expenses rose 32.3% YoY to ₹58.49 crore during the quarter.

Varun Beverages’ Recent Business Development

Varun Beverages has announced an extension in the timeline for acquiring 100% share capital of SBC Beverages Ghana Limited from Ghana Bottling Company Limited.

The deal, valued at $15.06 million (₹1,271 million), was originally set to be completed by February 28, 2025 but has now been extended to March 31, 2025. The acquisition remains subject to necessary regulatory approvals, including clearance from PepsiCo Inc.

Conclusion

Varun Beverages continues to demonstrate strong market momentum, with its share price extending gains amid rising summer demand. The company’s impressive Q3 FY25 performance, marked by substantial revenue and profit growth, reinforces investor confidence.

Additionally, its ongoing expansion efforts, including the acquisition of SBC Beverages Ghana Limited, highlight its commitment to global growth.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Voltas Share Price Gains Over 2% on Strong Cooling Demand Outlook

Voltas Limited share price traded at ₹1,418.50, up 2.21% (+₹30.70) at 10:30 AM on the NSE from its previous close of ₹1,387.80. The stock opened at ₹1,410, touched an intraday high of ₹1,421.55, and recorded a low of ₹1,388.40.

Heatwave Predictions Drive Cooling Appliance Demand

The resilience of cooling appliance stocks comes as the India Meteorological Department (IMD) forecasts above-normal temperatures across most parts of the country between March and May.

Rising temperatures are already being observed, with warmer-than-usual minimum temperatures expected, except in Northwest India and parts of the South.

This has fuelled expectations of strong demand for air conditioners and cooling appliances, boosting investor confidence in stocks like Voltas and Blue Star, as per news reports.

Voltas’ Strategic Stake Transfer in Saudi Ensas

On February 28, 2025, Voltas successfully transferred its 92% stake in Saudi Ensas Company for Engineering Services W.L.L. to Universal MEP Projects, Singapore (UMPPL) for ₹61.84 crore.

The transaction was completed after securing all necessary approvals and meeting required conditions. This move is part of Voltas’ strategy to streamline operations and strengthen its global footprint.

The divestment has bolstered investor confidence, contributing to the recent rise in the company’s share price.

About Voltas

Founded in 1954, Voltas, a subsidiary of the Tata Group, is India’s largest air conditioning company, offering comprehensive engineering solutions across cooling products, engineering projects, and services.

The company holds a market capitalisation of ₹45,003.63 crore as of March 3, 2025, and is a key constituent of the NSE Midcap50 index.

Conclusion

Voltas’ recent share price surge reflects strong investor confidence driven by rising cooling demand, heatwave predictions, and strategic business moves. With the IMD forecasting above-normal temperatures, the demand for air conditioners is set to rise, further strengthening the company’s market position.

Additionally, the successful divestment of its Saudi Ensas stake aligns with Voltas’ long-term growth strategy, enhancing its operational efficiency and global presence.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

TCS Share Price in Focus as Vantage Towers Partnership Boosts Telecom Digitisation

In a major development for the European telecom industry, Tata Consultancy Services (TCS) has joined hands with Vantage Towers, the continent’s second-largest telecom tower operator, to launch a state-of-the-art digital service platform, the company said in a press release on the stock exchanges.

The Vision Behind the Partnership

Vantage Towers, with its extensive network of 86,000 sites across ten countries, plays a crucial role in Europe’s connectivity landscape. Recognising the need for an advanced digital infrastructure to streamline interactions with property owners, the company has chosen TCS as its strategic technology partner.

The collaboration aims to simplify service processes for property owners, ensuring a seamless and efficient telecom site management system. This initiative is expected to strengthen partnerships with landlords, thereby facilitating long-term collaborations essential for network expansion and digitalisation efforts.

The Role of ServiceNow and Advanced Digital Workflows

TCS is collaborating with ServiceNow, a leading digital workflow solutions provider, to further enhance the platform’s capabilities. By integrating ServiceNow’s intelligent workflow automation, the partnership will allow landlords to raise service requests effortlessly while optimising overall operational efficiency.

TCS Share Price Performance

As of March 6, 2025, Tata Consultancy Services (TCS) share price traded at ₹3,544.30 at 10:00 AM on the NSE, down 0.08% (-₹2.75) from its previous close of ₹3,547.05. The stock opened at ₹3,557.00, reached an intraday high of ₹3,573.00, and touched a low of ₹3,536.10.

Conclusion

The partnership between TCS and Vantage Towers marks a significant step towards digitising telecom site management across Europe. By leveraging advanced digital solutions and workflow automation with ServiceNow, this initiative aims to enhance efficiency, transparency, and long-term partnerships with property owners.

As TCS strengthens its presence in the European telecom sector, its stock remains in focus, reflecting investor interest in its strategic collaborations and digital transformation efforts.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JSW Steel, Tata Steel Share Prices in Focus as Met Coke Curbs Threaten Production

India’s import restrictions on low-ash metallurgical coke (met coke) have raised concerns among steel manufacturers, with ArcelorMittal-Nippon Steel India (AM/NS India) warning of potential production cuts and expansion delays, as per Reuters Report.

Impact of Import Restrictions on Steel Production

ArcelorMittal-Nippon Steel India (AM/NS India) has expressed serious concerns over India’s recent import restrictions on low-ash metallurgical coke (met coke).

The company has warned that these restrictions could force it to significantly reduce steel production and delay its expansion plans.

In a letter to India’s Commerce Minister, Piyush Goyal, AM/NS India has requested additional allocations from Poland and Japan, citing the inability of local suppliers to meet the required quality standards for met coke, as per Reuters Report.

Potential Shutdown and Business Disruptions

The restrictions, imposed in December 2024, aim to boost the domestic coke industry by capping total imports at 1.4 million metric tons for the first half of 2025.

However, AM/NS India has stated that these limitations could lead to a complete shutdown of its blast furnace operations by June 2025 or a reduction in production starting in April.

Industry-Wide Concerns Over Met Coke Supply

The import curbs have sparked fears of business disruptions among foreign-owned steelmakers, as domestic suppliers are unable to meet both the demand and quality requirements.

Other major steel manufacturers, including JSW Steel and Tata Steel, have also opposed the move, emphasising the need for high-quality met coke for efficient steel production. India’s met coke imports have more than doubled in the past four years, and the restrictions could significantly impact steel production in the country.

Share Price Performance

JSW Steel share price traded at ₹1,002.55, slightly down by 0.01%, while Tata Steel’s share price traded at ₹147.71, up by 1.10% at 9:35 AM on the NSE.

Conclusion

With a 5% share of India’s steelmaking market, AM/NS India’s operations in Gujarat are at risk due to the import curbs. The company remains committed to engaging with policymakers to find a mutually beneficial solution that ensures continued production and expansion. As the Indian government weighs the possibility of extending the restrictions, steel manufacturers are urging reconsideration to avoid disruptions in the industry.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Aurobindo Pharma Share Price in Focus as Company Ends Vaccine Licensing Deal

Aurobindo Pharma recently announced that its subsidiary, Auro Vaccines, has terminated its licensing agreement with Singapore-based Hilleman Laboratories. The agreement, originally signed on September 27, 2023, the company said in a press release on the stock exchanges.

No Significant Impact on Financials or Operations

In a regulatory filing on Wednesday, Aurobindo Pharma clarified that Auro Vaccines, a wholly-owned step-down subsidiary, is not considered a material subsidiary. As a result, the termination of the agreement is not a significant event for the company.

The Hyderabad-based pharmaceutical firm further assured stakeholders that this decision would not have any substantial impact on its financials, subsidiaries, or overall business operations.

Strategic Decision for Future Growth

Since the vaccine asset was still in its early stages, Aurobindo Pharma’s decision to end the agreement aligns with its broader strategic goals. By effectively allocating resources to its core pharmaceutical developments, the company continues to prioritize innovation and sustainable growth in the healthcare sector.

Share Price Performance

As of March 6, 2025, Aurobindo Pharma’s share price traded at ₹1,099.70 at 9:20 AM on the NSE, reflecting a 0.61% increase from its previous close of ₹1,093.

Conclusion

The termination of the licensing agreement between Auro Vaccines and Hilleman Laboratories reflects Aurobindo Pharma’s commitment to strategic resource allocation. While this decision will not impact the company’s financials, it underscores a focus on core business areas that drive long-term growth and innovation. Investors and stakeholders can remain confident in the company’s future prospects.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.