Asahi Songwon Colors Ltd. Hits Upper Circuit on BSE, 27 October 2026
- October 27, 2026
- Posted by: Kunal Singla
- Category: News
For anyone trying to trade it today, the Asahi Songwon Colors upper circuit means a book tilted entirely one way. Asahi Songwon Colors Ltd. (ASAHISONG) was locked at Rs 362.25 on BSE on 27 October 2026, 5% above the previous close of Rs 345, with the market cap at Rs 406.66 crore.
Buy orders had met the exchange-defined price band, and the stock was still pinned there when this was written.
Key Takeaways
- Asahi Songwon Colors Ltd. (ASAHISONG) hit the upper circuit on BSE at Rs 362.25 on 27 October 2026.
- The session move was +5% against a previous close of Rs 345.
- Market capitalisation stood at Rs 406.66 crore with a PE ratio of 11.67.
- 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 | Asahi Songwon Colors Ltd. |
| Current Price / LTP | Rs 362.25 |
| Day Move | 5% |
| Previous Close | Rs 345 |
| Day Open | Rs 345 |
| Day High | Rs 362.25 |
| Day Low | Rs 341.55 |
| Upper Circuit Price | Rs 362.25 |
| Upper Circuit Limit | Rs 362.25 |
| Market Cap | Rs 406.66 crore |
| Selected Exchange | BSE |
| PE Ratio | 11.67 |
All figures above are as of 27 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 stock opened at Rs 345 on BSE, exactly where the previous close had been. It dipped to a low of Rs 341.55 early on, then moved up to Rs 362.25, the upper circuit price for the session.
The gain came to Rs 17.25 per share, a 5% move. Only BSE numbers are used throughout, since price bands, day ranges and previous-close values can vary from exchange to exchange. The ceiling for the session was Rs 362.25, and that is where the price stopped.
Why Asahi Songwon Colors Ltd. Hit Upper Circuit
Buyers pushed Asahi Songwon Colors Ltd. against the top of its exchange-defined price band, which is what an upper circuit is. As of writing, no official company announcement and no verified outside catalyst had been confirmed, so price action and market sentiment are the only fair way to read the move.
No verified trigger exists, so the article avoids pinning the rise on earnings, a corporate action, chemicals sector news or market rumours. Should a confirmed announcement surface, it would go into a separate update.
What the Asahi Songwon Colors Upper Circuit Means
The upper circuit is the highest price the exchange band permits a stock to touch in a session. Asahi Songwon Colors Ltd. reached that limit at Rs 362.25 on 27 October 2026.
Bands are there to blunt extreme swings and keep trading orderly. They describe how the market is built, not what returns will follow. For this stock the circuit records where the session ran into the band.
Asahi Songwon Colors Ltd. Fundamentals and Valuation
Beyond the price move, the reported data show a PE ratio of 11.67 and a PB ratio of 1.4 for Asahi Songwon Colors Ltd. Book value was Rs 246.38 per share, EPS 29.55, and market cap Rs 406.66 crore. These are indicators for reference, not a buy, sell or hold view.
A PB ratio of 1.4 puts the market price above the reported book value per share. Premiums like that may reflect growth hopes or asset quality, or may owe something to the stock being a smaller counter.
When following upper circuit moves, such figures help keep the one-day price event separate from the wider financial profile. A sharp session draws the eye, though valuation and return ratios deserve their own review.
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.
| Peer Company | Market Cap | PE | PB | ROE |
|---|---|---|---|---|
| Bodal Chemicals Ltd. | Rs 1707.8 crore | 24.87 | 1.44 | 4.23% |
| Shree Pushkar Chemicals & Fertilisers Ltd. | Rs 1587.46 crore | 22.03 | 2.54 | 12.28% |
| Vidhi Specialty Food Ingredients Ltd. | Rs 1531.81 crore | 25.4 | 4.44 | 15.57% |
| Bhageria Industries Ltd. | Rs 1480.63 crore | 21.47 | 2.35 | 7.7% |
| Ultramarine & Pigments Ltd. | Rs 1075.29 crore | 11.66 | 1.19 | 8.76% |
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 11.67, compared with an available peer PE average of 21.09, 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 377.75 and the 200-day moving average was 322.91.
Worth flagging: the last traded price and the 50-day average point in different directions. 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
One fact stands firm: Asahi Songwon Colors Ltd. reached the upper circuit on BSE at Rs 362.25 on 27 October 2026, a 5% day move.
With the book this lopsided, execution is the real constraint. Buyers line up at the band, sellers hold off, and the quoted price may not match a price at which an order gets filled. Nor had any official catalyst been confirmed when this was written.
Treat upper circuit sessions as market updates and not as final judgments. Interest at the band is clear enough, but anything further should rest on business fundamentals, valuation, liquidity, risk and confirmed company disclosures.
Frequently Asked Questions
Why did Asahi Songwon Colors Ltd. hit upper circuit on 27 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 ASAHISONG share price on 27 October 2026?
The last traded price used in this article was Rs 362.25 on BSE. 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 362.25. The stated exchange upper circuit limit was Rs 362.25. The event numbers in this article are aligned to BSE.
What is Asahi Songwon Colors Ltd.’s market cap and PE ratio?
Asahi Songwon Colors Ltd.’s market cap was Rs 406.66 crore. PE ratio was 11.67.
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 27 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 362.25. For this session, Asahi Songwon Colors Ltd. 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.