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Susan Electricals India Limite Hits Lower Circuit on BSE, 28 October 2026

  • October 16, 2026
  • Posted by: Kunal Singla
  • Category: News
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Susan Electricals India lower circuit today on BSE

For Susan Electricals India Limite (SUSAN), 28 October 2026 turned into a session where sellers outnumbered buyers at the price floor. The Susan Electricals India lower circuit came at Rs 227.25 on BSE, 5% under the previous close of Rs 239.2, and the stock was still pinned there at the time of writing.

Its market cap is Rs 486.31 crore. A one-sided book at the band is what short-term market participants will want to keep in view.

Table of Contents

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  • Key Takeaways
  • Key Market Data
  • Price Action and Trading Activity
  • Why Susan Electricals India Limite Hit Lower Circuit
  • What the Susan Electricals India Lower Circuit Means
  • Susan Electricals India Limite Fundamentals and Valuation
  • Peer and Sector Context
  • Technical Snapshot
  • What Readers Should Know
  • Frequently Asked Questions
    • Why did Susan Electricals India Limite hit lower circuit on 28 October 2026?
    • What was SUSAN share price on 28 October 2026?
    • What was the lower circuit price for SUSAN?
    • What is Susan Electricals India Limite’s market cap and PE ratio?
    • Which exchange and data source were used?
    • Does hitting a lower circuit mean Susan Electricals India Limite is a buy or a sell?
    • Can you buy or sell Susan Electricals India Limite shares when the stock is at the lower circuit?
    • What happens the next trading session after a lower circuit?
    • What is the lower circuit limit set at for Indian stocks?

Key Takeaways

  • Susan Electricals India Limite (SUSAN) hit the lower circuit on BSE at Rs 227.25 on 28 October 2026.
  • The session move was -5% against a previous close of Rs 239.2.
  • Market capitalisation stood at Rs 486.31 crore with a PE ratio of 26.65.
  • 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 Susan Electricals India Limite
Current Price / LTP Rs 227.25
Day Move -5%
Previous Close Rs 239.2
Day Open Rs 242.5
Day High Rs 249.95
Day Low Rs 227.25
Lower Circuit Price Rs 227.25
Lower Circuit Limit Rs 227.25
Market Cap Rs 486.31 crore
Selected Exchange BSE
PE Ratio 26.65

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

Susan Electricals India Limite started the day higher, opening at Rs 242.5 on BSE against a previous close of Rs 239.2. The session high was Rs 249.95. From that peak the price fell to Rs 227.25, which is both the day low and the lower circuit price.

The fall from the previous close amounts to Rs 11.95, or -5%. The figures all come from one exchange, so open, range and band line up without any mismatch.

Because price bands and previous-close values may differ between exchanges, this report stays with BSE for every number. The band limit for the session was Rs 227.25, the level the stock reached.

Why Susan Electricals India Limite Hit Lower Circuit

Selling pressure drove Susan Electricals India Limite down into its exchange-defined price band. At the time of writing no official company announcement and no verified external catalyst had surfaced, which leaves price action and market sentiment as the main lens for the move.

For that reason this write-up does not link the decline to earnings, a corporate action, sector news or rumours. Should a confirmed announcement appear later, it would be covered in a separate update.

The stock reached the lower circuit level of Rs 227.25 within the session.

What the Susan Electricals India Lower Circuit Means

Under an exchange price band, the lower circuit is the lowest level at which a stock may trade in a session. For Susan Electricals India Limite, the recorded floor was Rs 227.25 on 28 October 2026.

Such limits are intended to slow abrupt price moves and keep trading orderly. They describe how the market is structured and do not forecast returns. In this report the circuit simply shows what happened in the session and where the band was hit.

Susan Electricals India Limite Fundamentals and Valuation

Market data gives more context than the price move alone. Susan Electricals India Limite showed a PE ratio of 26.65 and a PB ratio of 4.63, along with book value of Rs 51.69, EPS of 8.97 and a market cap of Rs 486.31 crore. These numbers are descriptive only and are not a buy, sell or hold view.

A PB ratio of 4.63 means the market valued the company above its reported book value per share. Such a premium can point to growth expectations or asset quality, though in a smaller counter it can equally reflect thin trading.

Anyone following lower circuit moves can use these ratios to keep the price event apart from the broader financial picture. A sharp single-day move gets noticed, but valuation and returns need separate study.

Peer and Sector Context

Susan Electricals India Limite belongs to the Cable industry within the Electricals 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
Laser Power & Infra Ltd. Rs 2987.74 crore 19.71 2.32 23.32%
Paramount Communications Ltd. Rs 2151.93 crore 29.91 2.34 8.01%
Advait Infratech Ltd. Rs 1819.63 crore 31 6.19 24.45%
Dynamic Cables Ltd. Rs 1640.32 crore 17.51 3.4 20.32%
QUADRANT FUTURE TEK LTD Rs 1635.4 crore – 6.78 -15.79%

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 Susan Electricals India Limite. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Susan Electricals India Limite’s PE ratio was 26.65, compared with an available peer PE average of 24.53, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

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Technical Snapshot

The technical snapshot adds context: RSI was 53.73 and the 50-day moving average was 280.9.

What Readers Should Know

What is confirmed is that Susan Electricals India Limite touched the lower circuit on BSE at Rs 227.25 on 28 October 2026, a -5% day move.

The practical constraint after a lower-circuit session is getting an order filled. Sell orders collect at the band with few takers, so an exit at the quoted price may not go through. There is also the matter that no official catalyst had been confirmed at the time of writing.

Lower circuit events are best read as market updates rather than conclusions on their own. The band signals heavy selling in the near term, and further analysis should look at the business, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Susan Electricals India Limite hit lower circuit on 28 October 2026?

The stock reached its lower price band after selling pressure during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.

What was SUSAN share price on 28 October 2026?

The last traded price used in this article was Rs 227.25 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for SUSAN?

The lower circuit price was Rs 227.25. The stated exchange lower circuit limit was Rs 227.25. The event numbers in this article are aligned to BSE.

What is Susan Electricals India Limite’s market cap and PE ratio?

Susan Electricals India Limite’s market cap was Rs 486.31 crore. PE ratio was 26.65.

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 a lower circuit mean Susan Electricals India Limite 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 Susan Electricals India Limite shares when the stock is at the lower circuit?

It is usually difficult. At the lower circuit, sell orders queue up with few buyers, so exiting at the quoted price may not be possible. Orders can stay unfilled until buying interest returns.

What happens the next trading session after a lower 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 lower 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 Susan Electricals India Limite the stated limit was Rs 227.25. For this session, Susan Electricals India Limite moved -5%.

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.

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