Asahi Songwon Colors Ltd. Hits Upper Circuit for the 2nd Straight Session on NSE, 28 October 2026

A second session at the ceiling carries a different weight depending on where the stock stands in its longer run, and the Asahi Songwon Colors upper circuit streak is described here only by the sessions themselves: Asahi Songwon Colors Ltd. rose 4.99% on NSE on 28 October 2026 to Rs 378.6, from a previous close of Rs 360.6, for the second straight day at its limit.

The market capitalisation stands at Rs 426.99 crore, and the price had not stepped off the band when this was written.

Key Takeaways

• Asahi Songwon Colors Ltd. (ASAHISONG) hit the upper circuit on NSE at Rs 378.6 on 28 October 2026.
• The session move was +4.99% against a previous close of Rs 360.6.
• Market capitalisation stood at Rs 426.99 crore with a PE ratio of 12.26.
• 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 NSE listing. Only fields present in the source for this session are shown.

Price Action and Trading Activity

The NSE session started at Rs 360 for Asahi Songwon Colors Ltd., a shade under the previous close of Rs 360.6, and that start was also the low of the day. Buyers then pushed the price up to Rs 378.6, the high and the band price, where it remained for the rest of the session.

The gain over the previous close is Rs 18, or 4.99%. All of the rise came after an almost flat opening, which makes the move one steady climb to the ceiling. These numbers are NSE numbers only, because bands and previous closes can differ on another exchange, and Rs 378.6 is the limit for this venue.

The Asahi Songwon Colors Upper Circuit Streak So Far

This is session 2 of an unbroken run for Asahi Songwon Colors Ltd. The streak began on 27 October 2026, from a base price of Rs 345. Across the run the stock has moved 9.74% 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 Asahi Songwon Colors Ltd. Hit Upper Circuit

Asahi Songwon Colors Ltd. drew enough buying to reach the top of its exchange band, where the upper circuit held the price at Rs 378.6. The day brought no company announcement and no verified outside report, so the move is read through price action and sentiment alone, and no stronger claim is made.

The rise is not linked to earnings, a corporate action, sector news or rumours, because none is confirmed. If something is confirmed later, a separate update would cover it.

The upper circuit level in the session was Rs 378.6.

What the Asahi Songwon Colors Upper Circuit Means

A band reads differently near a high than near a low, and a streak makes that difference matter more. Here the upper circuit means the price reached the ceiling for the session, Rs 378.6 on 28 October 2026, for the second day running.

The purpose of a band is to damp sharp swings and keep trading orderly. It records what the sessions did, it forecasts no return, and it does not say where the next session will open once a new limit is set.

Asahi Songwon Colors Ltd. Fundamentals and Valuation

Reported data places the price event in a wider setting. The record for Asahi Songwon Colors Ltd. gives EPS of 29.55, book value of Rs 246.38, a market cap of Rs 426.99 crore, a PE ratio of 12.26 and a PB ratio of 1.47. None of it is a buy, sell or hold view.

The price stands above the book value of Rs 246.38 a share, which is what the PB ratio of 1.47 expresses, and the PE ratio of 12.26 is struck on EPS of 29.55. A premium to book might reflect hopes of growth, the quality of assets or thin trading in a smaller counter, and the ratios alone cannot say which. The company is in chemicals, in dyes and pigments.

Two sessions at the ceiling draw attention, yet valuation, returns and the balance sheet each call for a review of their own before a view of the business is formed.

Peer and Sector Context

Asahi Songwon Colors Ltd. belongs to the Dyes & Pigments industry within the Chemicals sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.

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

Asahi Songwon Colors Ltd.’s PE ratio was 12.26, compared with an available peer PE average of 21.6, 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 85.04, the 50-day moving average was 377.04 and the 200-day moving average was 324.54.

What Readers Should Know

One narrow fact is confirmed. On 28 October 2026 Asahi Songwon Colors Ltd. stood at the NSE ceiling of Rs 378.6 after rising 4.99%, a second session in a row at that limit.

In practice, buy orders gather at the band while sellers stay away, so the quoted price may not be one at which an order fills. No official catalyst has been named for the move.

Read this as a market update. Staying at the limit does not settle what the business is doing, how it is valued, how liquid the shares are, what risks apply or what the company has disclosed, and each of those needs its own check.

Frequently Asked Questions

Why did Asahi Songwon Colors Ltd. 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 Asahi Songwon Colors Ltd. 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 ASAHISONG share price on 28 October 2026?

The last traded price used in this article was Rs 378.6 on NSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for ASAHISONG?

The upper circuit price was Rs 378.6. The stated exchange upper circuit limit was Rs 378.6. The event numbers in this article are aligned to NSE.

What is Asahi Songwon Colors Ltd.’s market cap and PE ratio?

Asahi Songwon Colors Ltd.’s market cap was Rs 426.99 crore. PE ratio was 12.26.

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 28 October 2026.

Does hitting an upper circuit mean Asahi Songwon Colors 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 Asahi Songwon Colors 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 Asahi Songwon Colors Ltd. the stated limit was Rs 378.6. For this session, Asahi Songwon Colors Ltd. moved 4.99%.