10 Stocks That Hit Upper Circuit Today: DEE Development Engineers, Mahamaya Steel and MIC Electronics Lead October 21 List

Key Takeaways

• DEE Development Engineers was the largest company on the October 21 upper-circuit list by market capitalisation, at approximately ₹4,176 crore.
• DEE Development Engineers touched its ₹578.70 upper price band during the session but finished at ₹555.30, up 5.55%.
• Mahamaya Steel Industries, MIC Electronics and Virat Industries finished the session at their respective upper price bands.
• Several stocks, including Raj Rayon Industries, Bafna Pharmaceuticals and Panache Digilife, touched their upper bands during trading but subsequently closed below those levels.

Indian equities recorded a number of price-band hits on October 21, 2026. For this list, only main-board equity shares that touched their applicable upper price band during the session were considered. SME securities and non-equity instruments were excluded, and the qualifying stocks were ranked strictly by market capitalisation.

For dual-listed companies, exchange-consistent price, previous-close and price-band data were used to avoid mixing observations between exchanges. DEE Development Engineers, for example, traded as high as ₹578.70 before finishing at ₹555.30.

10 Stocks That Hit Upper Circuit on October 21, 2026

Current security-level data independently confirm MIC Electronics at ₹38.05, up 4.99%, with market capitalisation around ₹1,133 crore. Panache Digilife traded up to ₹682.90 before ending at ₹656.20, while Bafna Pharmaceuticals reached ₹479.95 intraday before finishing lower.

DEE Development Engineers Leads the Upper-Circuit List

DEE Development Engineers ranked first by market capitalisation. The stock's upper price band was ₹578.70, exactly the session high, while the final price was ₹555.30.

The closing price represented a 5.55% rise from the previous session, but the stock did not remain at the upper band through the close. Its status is therefore classified as touched upper circuit, rather than closed at upper circuit.

Mahamaya Steel and MIC Electronics Finish at Their Upper Bands

Mahamaya Steel Industries finished at ₹1,357.40, a 5.00% increase, matching its applicable upper price band. 

MIC Electronics also remained at its upper band, ending at ₹38.05, up 4.99%. The applicable band for MIC Electronics was 5%. Virat Industries similarly ended at ₹402.60, up 4.99%. Exchange-linked circuit data identified all three as upper-band stocks during the session. 

Stocks That Touched Upper Circuit but Closed Below It 

A circuit hit does not necessarily mean that a stock remains locked at that price for the rest of the session. 

Raj Rayon Industries finished at ₹21.62 after reaching its upper band earlier in the session. Bafna Pharmaceuticals ended at ₹461.15 despite trading as high as ₹479.95, while Panache Digilife ended at ₹656.20 after reaching ₹682.90. 

DEE Development Engineers, Systematix Corporate Services, Sreeleathers and Universus Photo Imagings also moved away from their upper bands before the end of trading. 

Stocks Recording the Largest Percentage Moves 

DEE Development Engineers recorded the largest positive closing move among the ten stocks, rising 5.55%. 

Mahamaya Steel Industries gained 5.00%, while MIC Electronics and Virat Industries each finished 4.99% higher. 

In contrast, a circuit touch did not translate into a positive close for every company. Raj Rayon Industries, Bafna Pharmaceuticals, Panache Digilife and Universus Photo Imagings ended below their previous closing prices after touching their respective upper bands intraday. 

An upper circuit represents the maximum upward price movement permitted for a security under its applicable daily price band. Reaching an upper circuit is a market-structure event and does not imply that the stock will continue rising in subsequent sessions.