In vertical circular motion, the tension in the string varies with the position of the mass due to the effect of gravity.
At the top of the circle, both the weight of the stone (\( mg \)) and the centripetal force (\( \frac{mv^2}{l} \)) act in the same direction (toward the center).
The tension \( T \) in the string at the top is given by:
\[
T_{top} = \frac{mv^2}{l} - mg
\]
At the bottom of the circle, the tension must overcome gravity and provide the centripetal force:
\[
T_{bottom} = \frac{mv^2}{l} + mg
\]
Therefore, tension is minimum at the top of the circle and maximum at the bottom.