Shivalic Power Control Ltd. Hits Lower Circuit on NSE, 28 October 2026

For existing holders, the Shivalic Power Control lower circuit on 28 October 2026 is the headline: Shivalic Power Control Ltd. (SPCL) was locked at Rs 40.65 on NSE, down 9.97% from the previous close of Rs 45.15. For anyone weighing a fresh entry, the same print reads differently, since the band limits where the price can trade. Market cap stood at Rs 108.88 crore at that level.

Selling pressure met the exchange-defined price band, and the stock sat at its floor when this was written, which keeps the session on the radar of short-term participants.

Key Takeaways

• Shivalic Power Control Ltd. (SPCL) hit the lower circuit on NSE at Rs 40.65 on 28 October 2026.
• The session move was -9.97% against a previous close of Rs 45.15.
• Market capitalisation stood at Rs 108.88 crore with a PE ratio of 9.25.
• 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

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

Shivalic Power Control Ltd. opened at Rs 45.5 on NSE, against a previous close of Rs 45.15, and that open was also the session high. Sellers then took the price down to Rs 40.65, the day low, where it touched the lower circuit.

The absolute change came to Rs 4.5, a move of -9.97%. All figures here come from NSE alone, which keeps the open, range and previous close comparable with each other.

Price bands and reference prices can differ between exchanges, so the NSE band limit of Rs 40.65 is the level used throughout this article.

Why Shivalic Power Control Ltd. Hit Lower Circuit

Selling pressure pushed Shivalic Power Control Ltd. down to its exchange-defined price band, and that is the extent of what can be confirmed. No official company announcement or verified outside trigger was available when this was written, so the fall is best read through price action and market mood.

With no confirmed trigger on record, this piece links the move to nothing in particular: not earnings, not a corporate action, not sector news and not market talk. Should a verified announcement surface later, it belongs in a separate update.

The stock reached the band level of Rs 40.65 during the session.

What the Shivalic Power Control Lower Circuit Means

A lower circuit marks the lowest price a stock may trade at in a session under its exchange price band. In this case the captured level for Shivalic Power Control Ltd. was Rs 40.65 on 28 October 2026.

Bands exist to slow sharp moves and keep trading orderly. They describe market structure rather than offering a return forecast, and here the circuit simply records where the price hit its limit.

Shivalic Power Control Ltd. Fundamentals and Valuation

Market data adds context beyond the price move. Shivalic Power Control Ltd. showed a PE ratio of 9.25 and a PB ratio of 0.88, with book value at Rs 51.08 and EPS at 4.88, on a market cap of Rs 108.88 crore. These are reference indicators and are not a buy, sell or hold view.

On a day like this, such metrics keep the price event apart from the wider financial profile. A steep one-day fall draws attention, yet valuation and returns need their own review.

Peer and Sector Context

Shivalic Power Control Ltd. belongs to the Electric Equipment industry within the Capital Goods 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 Shivalic Power Control Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Shivalic Power Control Ltd.’s PE ratio was 9.25, compared with an available peer PE average of 151.89, 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 61.28.

Worth flagging: the RSI reading sits on the opposite side of neutral to the day move. 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 one firm fact is that Shivalic Power Control Ltd. hit the lower circuit on NSE at Rs 40.65 on 28 October 2026, a -9.97% day move.

Existing holders should know that exits are hard in such a session: sellers queue at the band with few buyers, so selling at the quoted price may not be possible. Anyone new faces the same limitation, and no official catalyst was confirmed when this was written.

Lower circuit events work as market updates rather than standalone conclusions. The band signals heavy near-term selling, and any follow-up should weigh fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Shivalic Power Control Ltd. 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 SPCL share price on 28 October 2026?

The last traded price used in this article was Rs 40.65 on NSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for SPCL?

The lower circuit price was Rs 40.65. The stated exchange lower circuit limit was Rs 40.65. The event numbers in this article are aligned to NSE.

What is Shivalic Power Control Ltd.’s market cap and PE ratio?

Shivalic Power Control Ltd.’s market cap was Rs 108.88 crore. PE ratio was 9.25.

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 a lower circuit mean Shivalic Power Control 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 Shivalic Power Control 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 Shivalic Power Control Ltd. the stated limit was Rs 40.65. For this session, Shivalic Power Control Ltd. moved -9.97%.