Univest
Univest
  • Markets

Shree Hari Chemicals Export Ltd. Hits Upper Circuit on BSE, 27 October 2026

  • September 21, 2026
  • Posted by: Kunal Singla
  • Category: News
No Comments
Shree Hari Chemicals Export upper circuit today on BSE

For anyone already holding Shree Hari Chemicals Export Ltd. (SHHARICH), 27 October 2026 brought a visible gain: the Shree Hari Chemicals Export upper circuit was reached on BSE at Rs 280.9, up 4.99% from the previous close of Rs 267.55. A fresh buyer meets a different picture, because the stock was sitting at the band when this was written. Market cap stood at Rs 168.9 crore, and the band price for the session was that same Rs 280.9.

Table of Contents

Toggle
  • Key Takeaways
  • Key Market Data
  • Price Action and Trading Activity
  • Why Shree Hari Chemicals Export Ltd. Hit Upper Circuit
  • What the Shree Hari Chemicals Export Upper Circuit Means
  • Shree Hari Chemicals Export Ltd. Fundamentals and Valuation
  • Peer and Sector Context
  • Technical Snapshot
  • What Readers Should Know
  • Frequently Asked Questions
    • Why did Shree Hari Chemicals Export Ltd. hit upper circuit on 27 October 2026?
    • What was SHHARICH share price on 27 October 2026?
    • What was the upper circuit price for SHHARICH?
    • What is Shree Hari Chemicals Export Ltd.’s market cap and PE ratio?
    • Which exchange and data source were used?
    • Does hitting an upper circuit mean Shree Hari Chemicals Export Ltd. is a buy or a sell?
    • Can you buy or sell Shree Hari Chemicals Export Ltd. shares when the stock is at the upper circuit?
    • What happens the next trading session after an upper circuit?
    • What is the upper circuit limit set at for Indian stocks?

Key Takeaways

  • Shree Hari Chemicals Export Ltd. (SHHARICH) hit the upper circuit on BSE at Rs 280.9 on 27 October 2026.
  • The session move was +4.99% against a previous close of Rs 267.55.
  • Market capitalisation stood at Rs 168.9 crore with a PE ratio of 14.42.
  • 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 Shree Hari Chemicals Export Ltd.
Current Price / LTP Rs 280.9
Day Move 4.99%
Previous Close Rs 267.55
Day Open Rs 280.9
Day High Rs 280.9
Day Low Rs 280.9
Upper Circuit Price Rs 280.9
Upper Circuit Limit Rs 280.9
Market Cap Rs 168.9 crore
Selected Exchange BSE
PE Ratio 14.42

All figures above are as of 27 October 2026, sourced from Univest market data for the BSE listing. Only fields present in the source for this session are shown.

Price Action and Trading Activity

Shree Hari Chemicals Export Ltd. opened at Rs 280.9 on BSE, which was already the band level, and the price never moved off it. Open, high and low all sit at Rs 280.9, so the stock stayed locked at the upper circuit through the whole session instead of trading in a range.

The gain over the previous close of Rs 267.55 was Rs 13.35, or 4.99%. For a holder that is the paper gain on the day; for a would-be buyer it is ground already covered before any order could be placed.

All figures here come from BSE alone, since band limits and previous-close values can differ from one exchange to another, and mixing venues would make the numbers hard to compare.

Why Shree Hari Chemicals Export Ltd. Hit Upper Circuit

Buying interest took Shree Hari Chemicals Export Ltd. up to its exchange-defined price band, which is what an upper circuit means in practice. No official company announcement or verified external catalyst had been confirmed when this was written, so the move is better read as price action and market sentiment than as a response to any specific event.

With no confirmed trigger on record, the article does not link the rise to earnings, a corporate action, sector news or market rumours. Should a confirmed announcement surface later, it would belong in a separate update.

The level touched in the session was Rs 280.9.

What the Shree Hari Chemicals Export Upper Circuit Means

An upper circuit marks the highest price an exchange band lets a stock trade at in a single session. For Shree Hari Chemicals Export Ltd., that captured level was Rs 280.9 on 27 October 2026.

Bands exist to slow sharp swings and keep trading orderly. They describe how the market is built and say nothing about future returns. For existing holders the circuit records what happened today, and for new buyers it shows where the price stopped, not where it goes next.

Shree Hari Chemicals Export Ltd. Fundamentals and Valuation

The reported figures for Shree Hari Chemicals Export Ltd. include a PE ratio of 14.42, a PB ratio of 2.73, book value of Rs 98.03 and EPS of 18.56, set against a market cap of Rs 168.9 crore. They are reference indicators, not a buy, sell or hold view.

A PB ratio of 2.73 means the market priced the stock at a little under three times its reported book value per share. Holders may read that as a vote of confidence in the business, while a newcomer might simply note how much the price already reflects. A premium of that size can also owe something to growth hopes or thin trading in a small counter.

A one-day jump draws attention, but valuation ratios and returns need their own separate review. The numbers quoted here are the latest reported ones, and they do not change because the price touched the band.

Peer and Sector Context

Shree Hari Chemicals Export Ltd. belongs to the Chemicals industry. 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
Chemplast Sanmar Ltd. Rs 3008.83 crore – -10.92 -1244.14%
JUBILANT AGRI N CON PRO L Rs 2912.84 crore 22.43 5.89 33.4%
Bhansali Engineering Polymers Ltd. Rs 2659.05 crore 11.98 2.29 17.28%
Nocil Ltd. Rs 2420.19 crore 36.6 1.35 3.16%
Rossari Biotech Ltd. Rs 2253.43 crore 14.75 1.6 11.88%

A dash in the PE column means no PE ratio was carried for that company in the source data, which happens when reported earnings are negative or have not been refreshed. Those companies are left out of the average below rather than counted as zero.

Several of these peers are far larger by market capitalisation than Shree Hari Chemicals Export Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Shree Hari Chemicals Export Ltd.’s PE ratio was 14.42, compared with an available peer PE average of 21.44, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Want to know more? Log in to Univest for more stock insights.

Technical Snapshot

The technical snapshot adds context: RSI was 61.32, the 50-day moving average was 303.35 and the 200-day moving average was 177.45.

Worth flagging: the last traded price and the 50-day average point in different directions. Indicator values in the dataset can lag the live session, so they should be checked against a live chart before being relied on.

What Readers Should Know

The confirmed fact is narrow: Shree Hari Chemicals Export Ltd. reached the upper circuit on BSE at Rs 280.9 on 27 October 2026, a 4.99% move on the day.

Execution is the practical limit for a new buyer. Orders pile up at the band while sellers hold back, so the quoted price may not be one at which shares can actually be bought. For existing holders, the gain on screen is a mark at the band, and later sessions can open at different levels. A second limit is that no official catalyst had been confirmed when this was written.

Treat the event as a market update and not as a verdict on the business. Strong interest at the band still leaves fundamentals, valuation, liquidity, risk and company disclosures to be checked separately.

Frequently Asked Questions

Why did Shree Hari Chemicals Export 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 SHHARICH share price on 27 October 2026?

The last traded price used in this article was Rs 280.9 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for SHHARICH?

The upper circuit price was Rs 280.9. The stated exchange upper circuit limit was Rs 280.9. The event numbers in this article are aligned to BSE.

What is Shree Hari Chemicals Export Ltd.’s market cap and PE ratio?

Shree Hari Chemicals Export Ltd.’s market cap was Rs 168.9 crore. PE ratio was 14.42.

Which exchange and data source were used?

The selected exchange was BSE. The article uses Univest market data available at the time of generation, captured on 27 October 2026.

Does hitting an upper circuit mean Shree Hari Chemicals Export 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 Shree Hari Chemicals Export 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 Shree Hari Chemicals Export Ltd. the stated limit was Rs 280.9. For this session, Shree Hari Chemicals Export Ltd. moved 4.99%.

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.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

Leave a Reply Cancel reply