Embassy Developments Share Price Locked in 5% Upper Circuit on Thursday; Here’s Why

On Thursday, Indian markets traded on a negative note, with the Nifty 50 declining 0.54 per cent to 23,868.20 as of 9:45 AM, compared to its previous close of Rs 23,997.35. Amid this, Embassy Developments‘ share price is trading at Rs 52.85, up 4.99 per cent circuit from the previous close of Rs 50.34 at 9:45 AM, following the company’s Q4 FY26 business update.