Table of Contents
Upper Circuit Stocks — March 31, 2026
A total of five stocks hit the 10% upper circuit on Nepal Stock Exchange on March 31, 2026. This is a notable event that signals strong buyer conviction in these counters. Here is the complete list:
| Symbol | Company | LTP (Rs) | Prev Close (Rs) | Gain (Rs) | Sector |
|---|---|---|---|---|---|
| BJHL | Bhujung Hydropower Limited | 578.60 | 526.00 | +52.60 | Hydropower |
| HFIN | Hotel Forest Inn Limited | 349.80 | 318.00 | +31.80 | Hotels |
| RLEL | RLEL | 399.30 | 363.00 | +36.30 | Other |
| RSML | Reliance Spinning Mills Ltd | 2,679.30 | 2,436.00 | +243.30 | Manufacturing |
| SKHL | Super Khudi Hydropower Ltd | 483.10 | 439.40 | +43.70 | Hydropower |
Close Runners-Up (9-10% Range)
| Symbol | LTP (Rs) | Change (%) | Sector |
|---|---|---|---|
| SKHEL | 378.20 | +9.97% | Other |
What Multiple Upper Circuits Mean for NEPSE
When five or more stocks hit the upper circuit in a single session, it typically signals one or more of the following market conditions:
- Broad bullish sentiment: Buyers are willing to pay the maximum allowed price, indicating strong demand.
- Sector rotation: Today's circuits span four different sectors (Hydropower, Hotels, Manufacturing, Other), suggesting money is flowing broadly rather than into one concentrated theme.
- Momentum continuation: Stocks that hit the circuit often continue to attract buyers in subsequent sessions, especially if the broader market remains positive.
- Potential for follow-through: With NEPSE itself up 0.69% and Manufacturing up 1.94%, the market backdrop supports further momentum in these names.
RSML — The High-Value Circuit Leader
Reliance Spinning Mills (RSML) is particularly notable as it hit the 10% circuit at Rs 2,679.30 — one of the highest-priced stocks on NEPSE. This means each share gained Rs 243.30 in a single session, representing significant absolute value appreciation for holders.
What to Watch in the Next Session
Stocks that hit the upper circuit often open higher the following session if there are unmatched buy orders waiting. Traders should watch:
- Whether BJHL, SKHL, and RSML maintain buying pressure in the next session
- Volume on follow-through days — high volume confirms, low volume warns of fading momentum
- Sector spillover: If Hydropower circiut stocks attract attention, other hydro counters may see increased interest
- HFIN's sustainability: Hotel stocks are less frequently in circuits — sustained buying would be bullish for the Hotels sub-index
FAQs
Which stocks hit upper circuit on NEPSE March 31, 2026?
BJHL, HFIN, RLEL, RSML, and SKHL all hit the 10% upper circuit.
What is the upper circuit limit on Nepal Stock Exchange?
The upper circuit limit on NEPSE is 10% — the maximum a stock can rise in a single trading day.
What price did RSML close at today?
RSML closed at Rs 2,679.30 on March 31, 2026, up 10% from Rs 2,436.
Is buying upper circuit stocks a good strategy?
Upper circuit stocks carry high momentum risk. While they can continue rising, they can also see sharp reversals. Always manage risk carefully.
How many stocks gained on NEPSE today?
Multiple stocks gained on March 31, 2026, with 5 hitting the full 10% circuit and many others posting moderate gains.