Brightcom, IFCI, Jai Corp shares rise up to 11% on circuit change announcement

Shares of Brightcom Group, IFCI and Jai Corp advanced up to 11 percent in Wednesday’s trade after the exchanges revised their circuit limits.

Brightcom Group's circuit was changed from 5 to 20 percent, while that of IFCI and Jai Corp's circuit was changed to 20 percent from 10 percent.

Jai Corp was among the top gainers on the BSE Smallcap index. The stock rose 13.75 percent to touch an intraday high of Rs 163.71 on the NSE after two straight sessions of losses.

Shares of Brightcom Group gained 15.79 percent to hit an intraday high of Rs 15.11 on the NSE. The stock opened with a gain of 7.28 percent, recovering after three sessions of decline.

IFCI shares also moved higher, rising 7.19 percent to Rs 60.69 on the NSE, rebounding after two consecutive days of fall.Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.