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Amrapali Industries Ltd. Hits Upper Circuit on BSE, 28 October 2026

  • October 14, 2026
  • Posted by: Kunal Singla
  • Category: News
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Amrapali Industries upper circuit today on BSE

Existing shareholders and people thinking of buying now see the same quote after the Amrapali Industries upper circuit, though they stand in different places: Amrapali Industries Ltd. reached Rs 36.06 on BSE on 28 October 2026, up 9.97% from the previous close of Rs 32.79. For a holder that is a gain already on the books, and for a newcomer it is the price to pay. The stock was still at the band level when this note was written.

The company is valued at Rs 168.58 crore by market cap.

Table of Contents

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

Key Takeaways

  • Amrapali Industries Ltd. (AMRAPLIN) hit the upper circuit on BSE at Rs 36.06 on 28 October 2026.
  • The session move was +9.97% against a previous close of Rs 32.79.
  • Market capitalisation stood at Rs 168.58 crore with a PE ratio of 10.62.
  • 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 Amrapali Industries Ltd.
Current Price / LTP Rs 36.06
Day Move 9.97%
Previous Close Rs 32.79
Day Open Rs 32.65
Day High Rs 36.06
Day Low Rs 32
Upper Circuit Price Rs 36.06
Upper Circuit Limit Rs 36.06
Market Cap Rs 168.58 crore
Selected Exchange BSE
PE Ratio 10.62

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

The BSE session began for Amrapali Industries Ltd. at Rs 32.65, slightly under the previous close of Rs 32.79, and the price then dipped to a low of Rs 32 before turning up. Buyers carried it to Rs 36.06, the high of the day and the band price.

The gain over the previous close is Rs 3.27, or 9.97%. Someone who bought at the early low saw a bigger climb than the headline figure, while a buyer arriving at the ceiling meets a price that has already risen. The numbers are BSE numbers only, since a different exchange can show its own band and previous close, and Rs 36.06 is the level reached on this venue.

Why Amrapali Industries Ltd. Hit Upper Circuit

Amrapali Industries Ltd. found enough buying to reach the top of its exchange band, and the upper circuit then kept the price at Rs 36.06. The day produced no company filing and no outside report with a verified explanation, which leaves price action and sentiment as the only way to read the move, and no more than that is claimed.

The rise is not attributed to results, a corporate action, sector news or market talk, because none is confirmed. Should an announcement be confirmed afterwards, it would be written up in a separate update.

The upper circuit level in the session was Rs 36.06.

What the Amrapali Industries Upper Circuit Means

For those already holding, the upper circuit means the stock has risen to the most the band permits in one session, here Rs 36.06 on 28 October 2026. For a prospective buyer it means a quote at a limit, with little supply offered at that level.

Bands are meant to slow sharp swings and keep trading orderly. They record what happened in the session and forecast no return, and they do not fix where the price will be once a new session starts.

Amrapali Industries Ltd. Fundamentals and Valuation

Reported data adds context to the price event. The record for Amrapali Industries Ltd. lists a PE ratio of 10.62, a PB ratio of 3.42, book value of Rs 9.6, EPS of 3.09 and a market cap of Rs 168.58 crore. None of it is a buy, sell or hold view.

The quote sits more than three times above the book value of Rs 9.6 a share, which is what the PB ratio of 3.42 states, and the PE ratio of 10.62 is built on EPS of 3.09. A premium to book can mirror hopes of growth, the quality of assets or thin trading in a smaller counter, and the ratios on their own do not tell which. Its line of business is trading, and peers are left out of the picture.

A near-full-band jump draws attention, but valuation and returns each call for a separate review before a view of the business is formed.

Peer and Sector Context

Amrapali Industries Ltd. belongs to the Trading 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
Confidence Petroleum India Ltd. Rs 2306.09 crore 17.13 1.57 7%
Vintage Coffee & Beverages Ltd. Rs 2263.25 crore 28.74 4.02 17.91%
Aayush Art And Bullion Ltd. Rs 2013.63 crore 255.16 33.13 13.89%
Khazanchi Jewellers Ltd. Rs 1794.4 crore 17.58 5.17 32.45%
Fischer Medical Ventures Ltd. Rs 1787.24 crore 59.93 3.84 9.38%

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

Amrapali Industries Ltd.’s PE ratio was 10.62, compared with an available peer PE average of 75.71, 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 51, the 50-day moving average was 35.55 and the 200-day moving average was 30.57.

What Readers Should Know

The confirmed facts are limited. On 28 October 2026 Amrapali Industries Ltd. rose 9.97% on BSE to the Rs 36.06 band limit.

Holders and prospective buyers both face the same constraint at the ceiling. Buy orders gather while few sellers appear, so the quoted price may not be one at which an order fills, which matters most to a newcomer trying to buy at the limit. Nothing official has been named as the catalyst for the rise.

Read this as a market update and nothing more. Reaching the limit leaves open the questions about the business, its valuation, liquidity, risk and any confirmed company disclosures, which need checks of their own.

Frequently Asked Questions

Why did Amrapali Industries 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.

What was AMRAPLIN share price on 28 October 2026?

The last traded price used in this article was Rs 36.06 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for AMRAPLIN?

The upper circuit price was Rs 36.06. The stated exchange upper circuit limit was Rs 36.06. The event numbers in this article are aligned to BSE.

What is Amrapali Industries Ltd.’s market cap and PE ratio?

Amrapali Industries Ltd.’s market cap was Rs 168.58 crore. PE ratio was 10.62.

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 an upper circuit mean Amrapali Industries 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 Amrapali Industries 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 Amrapali Industries Ltd. the stated limit was Rs 36.06. For this session, Amrapali Industries Ltd. moved 9.97%.

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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