GENERAL29 Sept 2026
Augmont Enterprises share price touches record high, hits 10% upper circuit for second day | What should investors do? | Stock Market News
Augmont Enterprises shares hit a record ₹1,062.20 on Tuesday, locked in a 10% upper circuit for a second day, after NSE empanelled the firm to promote Electronic Gold Receipts (EGRs) — demat gold backed by physical metal in SEBI-accredited vaults. The stock is up over 24.47% in a week. If you hold it, a research analyst suggests a ₹980 stop-loss, with targets of ₹1,090 and above.
Key Statutory Highlights
- Augmont Enterprises shares touched a record high of ₹1,062.20 and hit the 10% upper circuit for the second straight session on Tuesday, 29 September.
- The stock has rallied over 24.47% in a week and has given 17% returns since it was listed on 31 August.
- NSE empanelled Augmont to help create and extinguish Electronic Gold Receipts, which are demat securities fully backed by physical gold kept in SEBI-accredited vaults.
Actionable Advice for Taxpayers / Founders:If you already hold Augmont, compare it with your own goals and risk limit before acting. The analyst quoted in the report suggests a ₹980 stop-loss with targets of ₹1,090, ₹1,120 and ₹1,150-plus, but that is one view, not a sure outcome, so check with a certified adviser first.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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