Shares of Panabyte Technologies Ltd began Monday's trading at ₹27.10. The shares reached 20% upper circuit limit of ₹29.41 during the session. This surge followed announcements of two major contract work orders: over ₹2.62 crore from DRDO laboratory for access control systems and over ₹1.99 crore from Mangalore Refinery & Petrochemicals Limited for attendance monitoring systems.