Atharva Poly-Plast Limited Hits Upper Circuit on BSE, 27 October 2026
- September 21, 2026
- Posted by: Kunal Singla
- Category: News
A one-sided book is the quickest way to read the Atharva Poly-Plast upper circuit on 27 October 2026: bids sat at the ceiling and few shares were on offer. Atharva Poly-Plast Limited (ATHARVA) hit its limit on BSE at Rs 126, a 5% rise from the previous close of Rs 120, and the stock was still locked at that level at the time of writing. The company’s market cap stood at Rs 202.2 crore.
Key Takeaways
- Atharva Poly-Plast Limited (ATHARVA) hit the upper circuit on BSE at Rs 126 on 27 October 2026.
- The session move was +5% against a previous close of Rs 120.
- Market capitalisation stood at Rs 202.2 crore with a PE ratio of 31.27.
- 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 | Atharva Poly-Plast Limited |
| Current Price / LTP | Rs 126 |
| Day Move | 5% |
| Previous Close | Rs 120 |
| Day Open | Rs 123 |
| Day High | Rs 126 |
| Day Low | Rs 123 |
| Upper Circuit Price | Rs 126 |
| Upper Circuit Limit | Rs 126 |
| Market Cap | Rs 202.2 crore |
| Selected Exchange | BSE |
| PE Ratio | 31.27 |
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 123 on BSE, above the previous close of Rs 120, and that opening price was also the low for the day. It then rose to Rs 126, the band limit, and the high for the day is the same figure.
The gain was Rs 6, which is the 5% move in rupee terms. The numbers are BSE figures throughout, because band limits and previous-close values can differ on another exchange.
The range therefore ran from Rs 123 to Rs 126, with the opening price at the bottom and the ceiling at the top.
Why Atharva Poly-Plast Limited Hit Upper Circuit
Buyers lifted the price from its higher open to the exchange band, which is how an upper circuit is recorded. No official company announcement or verified external catalyst had been confirmed at the time of writing, so the move is best read through price action and market sentiment.
As no trigger was confirmed, the article does not tie the rise to earnings, a corporate action, sector news or market rumours. A confirmed announcement, if one arrives later, would be added in a separate update.
The level reached was Rs 126.
What the Atharva Poly-Plast Upper Circuit Means
With the price pinned at the cap, a fresh buy order can only join the back of a queue, while a seller finds plenty of takers at the limit. The ceiling for Atharva Poly-Plast Limited was Rs 126 on 27 October 2026.
Bands exist to slow sharp swings and keep trading orderly. They describe how the market is built and offer no forecast of returns. The circuit only marks where the price was held.
Atharva Poly-Plast Limited Fundamentals and Valuation
The reported data for Atharva Poly-Plast Limited show a PE ratio of 31.27, a PB ratio of 4.41, book value of Rs 27.22 and EPS of 3.84, against a market cap of Rs 202.2 crore. They are reference indicators and not a buy, sell or hold view.
A PB ratio of 4.41 means the market priced the company at a multiple of its reported book value per share. Growth hopes, asset quality or thin trading in a smaller counter could each account for a premium of that kind.
One sharp day draws notice, but valuation and returns on capital remain separate questions that need their own review, apart from the price event. The figures above are the latest reported ones.
Peer and Sector Context
Atharva Poly-Plast Limited belongs to the Plastic Products 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 |
|---|---|---|---|---|
| Polyplex Corporation Ltd. | Rs 2937.08 crore | 18.91 | 0.67 | 1.02% |
| Prince Pipes and Fittings Ltd. | Rs 2809.36 crore | 27.51 | 1.67 | 4.67% |
| Ddev Plastiks Industries Ltd. | Rs 2478.27 crore | 11.61 | 2.3 | 21.84% |
| Nilkamal Ltd. | Rs 2443.49 crore | 19.6 | 1.53 | 7.58% |
| Xpro India Ltd. | Rs 2275.92 crore | 69.68 | 2.97 | 2.94% |
Several of these peers are far larger by market capitalisation than Atharva Poly-Plast Limited. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
Atharva Poly-Plast Limited’s PE ratio was 31.27, compared with an available peer PE average of 29.46, 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 59.83 and the 50-day moving average was 122.05.
What Readers Should Know
The confirmed facts are limited: Atharva Poly-Plast Limited touched the upper circuit on BSE at Rs 126 on 27 October 2026, a 5% move on the day.
Execution is the practical hurdle. Bids queue at the band while sellers stay away, so the quoted price may not be one at which shares can really be bought. No official catalyst had been confirmed when this was written either.
This is a market update and not a conclusion about the business. Strong interest at the band still leaves fundamentals, valuation, liquidity, risk and company disclosures to be checked.
Frequently Asked Questions
Why did Atharva Poly-Plast Limited 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 ATHARVA share price on 27 October 2026?
The last traded price used in this article was Rs 126 on BSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for ATHARVA?
The upper circuit price was Rs 126. The stated exchange upper circuit limit was Rs 126. The event numbers in this article are aligned to BSE.
What is Atharva Poly-Plast Limited’s market cap and PE ratio?
Atharva Poly-Plast Limited’s market cap was Rs 202.2 crore. PE ratio was 31.27.
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 Atharva Poly-Plast Limited 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 Atharva Poly-Plast Limited 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 Atharva Poly-Plast Limited the stated limit was Rs 126. For this session, Atharva Poly-Plast Limited 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.