SHANTI INORGANICS LIMITED Hits Upper Circuit on NSE, 6 October 2026
- October 6, 2026
- Posted by: Kunal Singla
- Category: News
On 6 October 2026, SHANTI INORGANICS LIMITED (SHANTIINOR) hit the upper circuit on NSE at Rs 201.65, a 19.99% positive move from the previous close of Rs 168.05. The company’s market cap stood at Rs 289.84 crore. The upper circuit price for the session was Rs 201.65.
The SHANTI INORGANICS upper circuit came as buying interest met the exchange-defined price band. At the time of writing the stock was locked at its upper circuit level, which makes the session worth noting for short-term market participants.
Key Takeaways
- SHANTI INORGANICS LIMITED (SHANTIINOR) hit the upper circuit on NSE at Rs 201.65 on 6 October 2026.
- The session move was +19.99% against a previous close of Rs 168.05.
- Market capitalisation stood at Rs 289.84 crore with a PE ratio of 28.36.
- 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 | SHANTI INORGANICS LIMITED |
| Current Price / LTP | Rs 201.65 |
| Day Move | 19.99% |
| Previous Close | Rs 168.05 |
| Day Open | Rs 172 |
| Day High | Rs 201.65 |
| Day Low | Rs 172 |
| Upper Circuit Price | Rs 201.65 |
| Upper Circuit Limit | Rs 201.65 |
| Market Cap | Rs 289.84 crore |
| Selected Exchange | NSE |
| PE Ratio | 28.36 |
All figures above are as of 6 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
SHANTI INORGANICS LIMITED opened at Rs 172 on NSE, compared with a previous close of Rs 168.05. During the session, the stock traded between Rs 172 and Rs 201.65 before touching the upper circuit price of Rs 201.65.
The absolute day change was Rs 33.6, while the percentage move was 19.99%. The event figures are kept to a single exchange so the numbers stay comparable.
The selected exchange matters because price bands, day range and previous-close values can differ across exchanges. This article uses NSE consistently for the event table and narrative. The stated upper circuit limit for the session was Rs 201.65, which is the level the price reached.
Why SHANTI INORGANICS LIMITED Hit Upper Circuit
SHANTI INORGANICS LIMITED hit the upper circuit after buying interest pushed the stock to its exchange-defined price band. No official company announcement or verified external catalyst was confirmed at the time of writing, so the move should be read primarily through price action and market sentiment.
Because no verified catalyst was available, this article does not attribute the move to earnings, corporate action, sector news, or market rumours. If a confirmed announcement becomes available later, it should be added as a separate update.
Within the session the stock reached the upper circuit level of Rs 201.65.
What the SHANTI INORGANICS Upper Circuit Means
An upper circuit is the maximum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For SHANTI INORGANICS LIMITED, the captured upper circuit price was Rs 201.65 on 6 October 2026.
The circuit mechanism is meant to slow extreme price movement and keep trading orderly. It is a market-structure fact, not a return forecast. In this article, the upper circuit explains what happened in the session and where the price band was reached.
SHANTI INORGANICS LIMITED Fundamentals and Valuation
Available market data gives a fuller picture than price action alone. For SHANTI INORGANICS LIMITED, PE ratio was 28.36, PB ratio was 5.37, book value was Rs 31.27, EPS was 5.93, ROE was 27.68%, ROCE was 23.4%, dividend yield was 0% and debt-to-assets ratio was 0.64, on a market cap of Rs 289.84 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.
At the reported PB ratio of 5.37, the market valued SHANTI INORGANICS LIMITED above its reported book value per share. That premium can reflect growth expectations, asset quality, or simply thin trading in a smaller counter.
For investors tracking upper circuit moves, these metrics help separate the price event from the broader financial profile. A sharp one-day move can attract attention, but valuation and return ratios still need to be reviewed separately.
Peer and Sector Context
SHANTI INORGANICS LIMITED 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 3117.13 crore | – | -11.31 | -1244.14% |
| Bhansali Engineering Polymers Ltd. | Rs 3104.51 crore | 15.53 | 2.7 | 17.28% |
| JUBILANT AGRI N CON PRO L | Rs 3096.56 crore | 23.85 | 6.27 | 33.4% |
| Nocil Ltd. | Rs 2769.27 crore | 41.88 | 1.55 | 3.16% |
| JG Chemicals Ltd. | Rs 2388 crore | 31.76 | 4.31 | 13.82% |
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 SHANTI INORGANICS LIMITED. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
SHANTI INORGANICS LIMITED’s PE ratio was 28.36, compared with an available peer PE average of 28.26, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.
Technical Snapshot
Technical indicators were limited in the latest market dataset, so this article does not draw a technical conclusion beyond the confirmed upper circuit event.
What Readers Should Know
The main confirmed fact is that SHANTI INORGANICS LIMITED hit the upper circuit on NSE at Rs 201.65 on 6 October 2026, with a 19.99% day move.
The practical limitation after an upper-circuit session is execution. Buyers queue at the band and sellers step back, so the quoted price is not necessarily a price you can transact at. The other limitation is that no official catalyst was confirmed at the time of writing.
Readers should treat upper circuit events as market updates, not standalone investment conclusions. The price band shows strong near-term interest, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.
Frequently Asked Questions
Why did SHANTI INORGANICS LIMITED hit upper circuit on 6 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 SHANTIINOR share price on 6 October 2026?
The last traded price used in this article was Rs 201.65 on NSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for SHANTIINOR?
The upper circuit price was Rs 201.65. The stated exchange upper circuit limit was Rs 201.65. The event numbers in this article are aligned to NSE.
What is SHANTI INORGANICS LIMITED’s market cap and PE ratio?
SHANTI INORGANICS LIMITED’s market cap was Rs 289.84 crore. PE ratio was 28.36.
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 6 October 2026.
Does hitting an upper circuit mean SHANTI INORGANICS 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 SHANTI INORGANICS 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 SHANTI INORGANICS LIMITED the stated limit was Rs 201.65. For this session, SHANTI INORGANICS LIMITED moved 19.99%.
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.