Zelio E Mobility Limited Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

The size of the move tells something about the band: on 28 October 2026 a rise of just 2% was enough for Zelio E Mobility Limited (ZELIO) to reach its limit on BSE, at Rs 1040, against a previous close of Rs 1019.65. That is the setting for the Zelio E Mobility upper circuit streak, which now stands at 2 sessions.

A narrow band makes the ceiling easy to reach and the day’s range easy to pin down. Market cap stood at Rs 2156.56 crore.

Key Takeaways

• Zelio E Mobility Limited (ZELIO) hit the upper circuit on BSE at Rs 1040 on 28 October 2026.
• The session move was +2% against a previous close of Rs 1019.65.
• Market capitalisation stood at Rs 2156.56 crore with a PE ratio of 75.97.
• This is the 2nd straight session at the upper circuit, with the run starting on 27 October 2026.
• A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

All figures above are as of 28 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

Open, high and low were all Rs 1040, so the stock began the session at the limit and never traded away from it. Against the previous close of Rs 1019.65, that is Rs 20.35 per share, or 2%.

With no gap between the day’s high and low, the intraday range is zero and the price on screen is the band itself. All figures come from BSE alone, because band limits and previous-close values can differ between exchanges. The limit for the session was Rs 1040, and because the open, the high and the low all equal it, there is no separate level to report for any of them.

The Zelio E Mobility Upper Circuit Streak So Far

This is session 2 of an unbroken run for Zelio E Mobility Limited. The streak began on 27 October 2026, from a base price of Rs 999.7. Across the run the stock has moved 4.03% in total.

A repeated upper circuit matters more than a single one. It says the order book has stayed one-sided across multiple sessions rather than reacting to a single day of news, and for anyone holding the stock it means the price on screen has been hard to trade at for several days running.

This page is the running record for the streak and is updated each session rather than being replaced by a fresh article. That keeps one address for the event instead of splitting the same story across competing pages.

Why Zelio E Mobility Limited Hit Upper Circuit

Demand took Zelio E Mobility Limited to the edge of its exchange-defined price band and held it there. Neither an official company announcement nor a verified external catalyst had been confirmed when this was written, so price action and market sentiment are the only available readings.

Since nothing verified exists, the rise is not tied here to earnings, a corporate action, sector news or market rumours. A confirmed announcement, if one comes, would be covered in a separate update. The stock reached Rs 1040 and stayed there.

What the Zelio E Mobility Upper Circuit Means

An upper circuit is the top price an exchange band permits in a session. For Zelio E Mobility Limited, that top was Rs 1040 on 28 October 2026.

Bands are set to slow sharp moves and keep trading orderly, and each session works from its own reference price. That is how the mechanism operates, and it says nothing about where the price goes from here, so the hit is a market-structure fact and not a forecast of returns.

Zelio E Mobility Limited Fundamentals and Valuation

The reported ratios add detail to a price that did not move all day. Zelio E Mobility Limited had a PE ratio of 75.97 and a PB ratio of 19.34, with EPS of 13.42 and a book value of Rs 52.73, on a market cap of Rs 2156.56 crore. Read these as plain descriptions of the company and not as advice to buy, sell or hold.

A PB ratio of 19.34 means the market valued the company at many times its reported net worth per share. Growth expectations, asset quality or thin trading in a smaller counter could each play a part, though the numbers do not say which. A sharp one-day move draws attention, but valuation and return ratios need their own review.

Peer and Sector Context

Zelio E Mobility Limited belongs to the Automobile Two & Three Wheelers industry within the Automobile & Ancillaries sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.

Zelio E Mobility Limited’s PE ratio was 75.97, compared with an available peer PE average of 111.31, 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 44.39, the 50-day moving average was 1055.71 and the 200-day moving average was 756.39.

Worth flagging: the RSI reading sits on the opposite side of neutral to the day move and 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 facts are brief: Zelio E Mobility Limited reached the BSE upper limit of Rs 1040 on 28 October 2026 after a 2% rise, and no official catalyst has been confirmed.

For anyone wanting to trade, a stock fixed at its limit is hard to deal in. Orders gather at the ceiling with few offers against them, so the quoted level may not be a price at which an order fills.

The session is a market update and not a conclusion. Business fundamentals, valuation, liquidity, risk and confirmed company disclosures each need a separate look.

Frequently Asked Questions

Why did Zelio E Mobility Limited hit upper circuit on 28 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.

How many sessions has Zelio E Mobility Limited hit upper circuit in a row?

This is session 2 of the current run, which began on 27 October 2026. This page is updated each session rather than replaced with a new article.

What was ZELIO share price on 28 October 2026?

The last traded price used in this article was Rs 1040 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for ZELIO?

The upper circuit price was Rs 1040. The stated exchange upper circuit limit was Rs 1040. The event numbers in this article are aligned to BSE.

What is Zelio E Mobility Limited’s market cap and PE ratio?

Zelio E Mobility Limited’s market cap was Rs 2156.56 crore. PE ratio was 75.97.

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 28 October 2026.

Does hitting an upper circuit mean Zelio E Mobility Limited 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 Zelio E Mobility Limited 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 Zelio E Mobility Limited the stated limit was Rs 1040. For this session, Zelio E Mobility Limited moved 2%.