Tirupati Forge Ltd. Hits Upper Circuit on NSE, 27 October 2026
- September 21, 2026
- Posted by: Kunal Singla
- Category: News
Within the automobile and ancillaries space, Tirupati Forge Ltd. (TIRUPATIFL) drew attention on 27 October 2026 as the Tirupati Forge upper circuit set in at Rs 64.97 on NSE, a gain of 1.99% over the previous close of Rs 63.7. The stock was at that ceiling when this was written, and its market cap stood at Rs 828.35 crore. Other forgings and auto-parts names offer a natural comparison, though a comparison cannot say what moved this one.
Key Takeaways
- Tirupati Forge Ltd. (TIRUPATIFL) hit the upper circuit on NSE at Rs 64.97 on 27 October 2026.
- The session move was +1.99% against a previous close of Rs 63.7.
- Market capitalisation stood at Rs 828.35 crore with a PE ratio of 135.71.
- No official company announcement or verified catalyst was confirmed at the time of writing.
- A price band is an exchange trading rule, not a view on the company or a recommendation.
Key Market Data
| Metric | Value |
|---|---|
| Stock | Tirupati Forge Ltd. |
| Current Price / LTP | Rs 64.97 |
| Day Move | 1.99% |
| Previous Close | Rs 63.7 |
| Day Open | Rs 64.97 |
| Day High | Rs 64.97 |
| Day Low | Rs 64.97 |
| Upper Circuit Price | Rs 64.97 |
| Upper Circuit Limit | Rs 64.97 |
| Market Cap | Rs 828.35 crore |
| Selected Exchange | NSE |
| PE Ratio | 135.71 |
All figures above are as of 27 October 2026, sourced from Univest market data for the NSE listing. Only fields present in the source for this session are shown.
Price Action and Trading Activity
Tirupati Forge Ltd. started trading at Rs 64.97 on NSE and held exactly that price, so the open, the high and the low are one and the same. It never traded below the band price, which makes a range comparison with peers meaningless for this session.
Against the previous close of Rs 63.7, the stock gained Rs 1.27, a move of 1.99%. Each number comes from NSE, and only NSE, because a mixture of exchanges would blur any side-by-side look at sector names.
The level at the top of the band, Rs 64.97, is also the price the stock stood at when this was written.
Why Tirupati Forge Ltd. Hit Upper Circuit
Tirupati Forge Ltd. reached the ceiling of its exchange-defined price band on the strength of buying alone, as far as the data goes. When this was written, no official company announcement or verified external catalyst was on record, so price action and market sentiment are the only supported readings.
The article therefore does not connect the rise with earnings, a corporate action, sector news or market rumours; a rally among forging or auto-parts peers would not change that. Should a confirmed announcement emerge, a separate update would carry it.
The band price reached was Rs 64.97.
What the Tirupati Forge Upper Circuit Means
An upper circuit is the most an exchange lets a stock rise to in a trading session, and for Tirupati Forge Ltd. that figure was Rs 64.97 on 27 October 2026.
The band is there to restrain abrupt swings and keep dealing orderly. It tells a reader how the market is organised rather than what returns to expect. Looking across automobile and ancillaries names can show whether the strength was widespread, yet the circuit by itself only marks where the price was held.
Tirupati Forge Ltd. Fundamentals and Valuation
The reported numbers for Tirupati Forge Ltd. are a PE ratio of 135.71, a PB ratio of 6.25, book value of Rs 10.19 and EPS of 0.47, alongside a market cap of Rs 828.35 crore. They describe the company’s valuation and carry no buy, sell or hold message.
A PB ratio of 6.25 puts the market price at roughly six times the reported book value per share, and a PE ratio of 135.71 is high next to EPS of 0.47. Premiums like these can reflect hopes for growth, the quality of assets or thin trading in a small counter.
Forging and auto-parts peers would supply a yardstick for such ratios, but a one-day jump is a narrow basis for judging them. Valuation and returns deserve a review of their own, apart from the price event.
Peer and Sector Context
Tirupati Forge Ltd. belongs to the Forgings industry within the Automobile & Ancillaries sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.
| Peer Company | Market Cap | PE | PB | ROE |
|---|---|---|---|---|
| Amic Forging Ltd. | Rs 2426.07 crore | 85.81 | 10.07 | 43.2% |
| MM Forgings Ltd. | Rs 2346.73 crore | 13.86 | 2.32 | 10.56% |
| METALIC TECHNOFORGE LTD | Rs 348.37 crore | 28.18 | 8.73 | 48.66% |
| Kalyani Forge Ltd. | Rs 278.02 crore | 22.44 | 2.78 | 10.06% |
| Krishanveer Forge Ltd. | Rs 142.1 crore | 12.58 | 2.66 | 24.12% |
Tirupati Forge Ltd.’s PE ratio was 135.71, compared with an available peer PE average of 32.57, calculated from the 5 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.
Technical Snapshot
The technical snapshot adds context: RSI was 69.94.
What Readers Should Know
The established facts are brief: Tirupati Forge Ltd. hit its upper circuit on NSE at Rs 64.97 on 27 October 2026, with a 1.99% rise over the previous close.
A peer table can frame the day, though it cannot supply the catalyst that no official source had confirmed when this was written. Execution also limits what the quoted price means, since orders queue at the band and sellers hold back, so a purchase at that price may not be possible.
Take the event as a market update, not a verdict. Fundamentals, valuation, liquidity, risk and company disclosures remain to be reviewed alongside it.
Frequently Asked Questions
Why did Tirupati Forge Ltd. hit upper circuit on 27 October 2026?
The stock reached its upper price band after buying interest during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.
What was TIRUPATIFL share price on 27 October 2026?
The last traded price used in this article was Rs 64.97 on NSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for TIRUPATIFL?
The upper circuit price was Rs 64.97. The stated exchange upper circuit limit was Rs 64.97. The event numbers in this article are aligned to NSE.
What is Tirupati Forge Ltd.’s market cap and PE ratio?
Tirupati Forge Ltd.’s market cap was Rs 828.35 crore. PE ratio was 135.71.
Which exchange and data source were used?
The selected exchange was NSE. The article uses Univest market data available at the time of generation, captured on 27 October 2026.
Does hitting an upper circuit mean Tirupati Forge Ltd. is a buy or a sell?
No. A circuit is an exchange price-band rule that caps how far a stock can move in a single session. It carries no view on valuation or business quality and is not a recommendation. Any decision should rest on fundamentals, valuation, liquidity and your own risk tolerance.
Can you buy or sell Tirupati Forge Ltd. shares when the stock is at the upper circuit?
It is usually difficult. At the upper circuit, buy orders queue up while sellers step back, so there may be no counterparty at the quoted price. Orders can stay unfilled until the band opens up or sellers return.
What happens the next trading session after an upper circuit?
There is no fixed outcome. The band resets each session, so the stock can open freely, hit the same band again, or reverse. The exchange can also revise the applicable band width. The useful signals to watch are whether the company files any disclosure explaining the move.
What is the upper circuit limit set at for Indian stocks?
Exchange price bands are commonly set at 2%, 5%, 10% or 20% depending on the security, and the applicable band can be revised by the exchange. For Tirupati Forge Ltd. the stated limit was Rs 64.97. For this session, Tirupati Forge Ltd. moved 1.99%.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.