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Indo Rama Synthetics (India) Ltd. Hits Lower Circuit for the 2nd Straight Session on BSE, 22 October 2026

  • October 22, 2026
  • Posted by: Kunal Singla
  • Category: News
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Indo Rama Synthetics (India) lower circuit streak today on BSE

On 22 October 2026, Indo Rama Synthetics (India) Ltd. (INDORAMA) hit the lower circuit on BSE at Rs 75, a 9.96% negative move from the previous close of Rs 83.3. The company’s market cap stood at Rs 2175.07 crore. The lower circuit price for the session was Rs 75.

The Indo Rama Synthetics (India) lower circuit streak has now run for 2 straight sessions. At the time of writing the stock was locked at its lower circuit level, which makes the session worth noting for short-term market participants.

Table of Contents

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  • Key Takeaways
  • Key Market Data
  • Price Action and Trading Activity
  • The Indo Rama Synthetics (India) Lower Circuit Streak So Far
  • Why Indo Rama Synthetics (India) Ltd. Hit Lower Circuit
  • What the Indo Rama Synthetics (India) Lower Circuit Means
  • Indo Rama Synthetics (India) Ltd. Fundamentals and Valuation
  • Peer and Sector Context
  • Technical Snapshot
  • What Readers Should Know
  • Frequently Asked Questions
    • Why did Indo Rama Synthetics (India) Ltd. hit lower circuit on 22 October 2026?
    • How many sessions has Indo Rama Synthetics (India) Ltd. hit lower circuit in a row?
    • What was INDORAMA share price on 22 October 2026?
    • What was the lower circuit price for INDORAMA?
    • What is Indo Rama Synthetics (India) Ltd.’s market cap and PE ratio?
    • Which exchange and data source were used?
    • Does hitting a lower circuit mean Indo Rama Synthetics (India) Ltd. is a buy or a sell?
    • Can you buy or sell Indo Rama Synthetics (India) Ltd. 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

  • Indo Rama Synthetics (India) Ltd. (INDORAMA) hit the lower circuit on BSE at Rs 75 on 22 October 2026.
  • The session move was -9.96% against a previous close of Rs 83.3.
  • Market capitalisation stood at Rs 2175.07 crore with a PE ratio of 10.32.
  • This is the 2nd straight session at the lower circuit, with the run starting on 21 October 2026.
  • A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric Value
Stock Indo Rama Synthetics (India) Ltd.
Current Price / LTP Rs 75
Day Move -9.96%
Previous Close Rs 83.3
Day Open Rs 81.75
Day High Rs 81.75
Day Low Rs 75
Lower Circuit Price Rs 75
Lower Circuit Limit Rs 75
Market Cap Rs 2175.07 crore
Selected Exchange BSE
PE Ratio 10.32

All figures above are as of 22 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

Indo Rama Synthetics (India) Ltd. opened at Rs 81.75 on BSE, compared with a previous close of Rs 83.3. During the session, the stock traded between Rs 75 and Rs 81.75 before touching the lower circuit price of Rs 75.

The absolute day change was Rs 8.3, while the percentage move was -9.96%. 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 BSE consistently for the event table and narrative. The stated lower circuit limit for the session was Rs 75, which is the level the price reached.

The Indo Rama Synthetics (India) Lower Circuit Streak So Far

This is session 2 of an unbroken run for Indo Rama Synthetics (India) Ltd. The streak began on 21 October 2026, from a base price of Rs 92.55. Across the run the stock has moved -18.96% in total.

A repeated lower 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 Indo Rama Synthetics (India) Ltd. Hit Lower Circuit

Indo Rama Synthetics (India) Ltd. hit the lower circuit after selling pressure 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 lower circuit level of Rs 75.

What the Indo Rama Synthetics (India) Lower Circuit Means

A lower circuit is the minimum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For Indo Rama Synthetics (India) Ltd., the captured lower circuit price was Rs 75 on 22 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 lower circuit explains what happened in the session and where the price band was reached.

Indo Rama Synthetics (India) Ltd. Fundamentals and Valuation

Available market data gives a fuller picture than price action alone. For Indo Rama Synthetics (India) Ltd., PE ratio was 10.32, PB ratio was 3.31, book value was Rs 25.16, EPS was 8.07, ROE was 33.85%, ROCE was 17.84% and dividend yield was 0%, on a market cap of Rs 2175.07 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.

At the reported PB ratio of 3.31, the market valued Indo Rama Synthetics (India) Ltd. 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 lower 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

Indo Rama Synthetics (India) Ltd. belongs to the Textile – Manmade Fibres industry within the Textile 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
Ganesha Ecosphere Ltd. Rs 2661.11 crore 47.1 2.04 3.2%
Raj Rayon Industries Ltd. Rs 1202.25 crore 34.57 8.69 15.28%
AK Spintex Ltd. Rs 1119.34 crore 25.73 5.6 29.55%
Sarla Performance Fibers Ltd. Rs 715.53 crore 369.21 1.66 -2.87%
Pasupati Acrylon Ltd. Rs 632.58 crore 6.62 1.37 17.49%

Indo Rama Synthetics (India) Ltd.’s PE ratio was 10.32, compared with an available peer PE average of 96.65, calculated from the 5 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 42.66, the 50-day moving average was 92.19 and the 200-day moving average was 58.29.

What Readers Should Know

The main confirmed fact is that Indo Rama Synthetics (India) Ltd. hit the lower circuit on BSE at Rs 75 on 22 October 2026, with a -9.96% day move.

The practical limitation after a lower-circuit session is execution. Sellers queue at the band with few buyers, so exiting at the quoted price may not be possible. The other limitation is that no official catalyst was confirmed at the time of writing.

Readers should treat lower circuit events as market updates, not standalone investment conclusions. The price band shows heavy near-term selling pressure, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.

Frequently Asked Questions

Why did Indo Rama Synthetics (India) Ltd. hit lower circuit on 22 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.

How many sessions has Indo Rama Synthetics (India) Ltd. hit lower circuit in a row?

This is session 2 of the current run, which began on 21 October 2026. This page is updated each session rather than replaced with a new article.

What was INDORAMA share price on 22 October 2026?

The last traded price used in this article was Rs 75 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for INDORAMA?

The lower circuit price was Rs 75. The stated exchange lower circuit limit was Rs 75. The event numbers in this article are aligned to BSE.

What is Indo Rama Synthetics (India) Ltd.’s market cap and PE ratio?

Indo Rama Synthetics (India) Ltd.’s market cap was Rs 2175.07 crore. PE ratio was 10.32.

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 22 October 2026.

Does hitting a lower circuit mean Indo Rama Synthetics (India) 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 Indo Rama Synthetics (India) Ltd. 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 Indo Rama Synthetics (India) Ltd. the stated limit was Rs 75. For this session, Indo Rama Synthetics (India) Ltd. moved -9.96%.

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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