3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs

Shares of STC India, ITDC, and KIOCL from the S&P BSE CPSE index were locked at 20 per cent upper circuit, hitting multi-year highs

Shares of State Trading Corporation of India (STC India), India Tourism Development Corporation (ITDC), and KIOCL from the S&P BSE CPSE index were locked in the 20-per cent upper circuit, hitting multi-year highs on Monday, on the back of heavy volumes. In comparison, the S&P BSE Sensex was trading  flat at 66,285 2:26 PM.

The S&P BSE CPSE Index is designed to measure the performance of Central Public Sector Enterprises (CPSEs) that are listed on the BSE. CPSEs are companies for which 51 per cent or more of the direct holding belongs to the Central Government of India.