FASCINATE TEXTILES LTD Hits Upper Circuit for the 2nd Straight Session on NSE, 22 September 2026
- September 22, 2026
- Posted by: Kunal Singla
- Category: News
On 22 September 2026, FASCINATE TEXTILES LTD (FASCINATE) hit the upper circuit on NSE at Rs 52.7, a 4.98% positive move from the previous close of Rs 50.2. The company’s market cap stood at Rs 69.08 crore. The upper circuit price for the session was Rs 52.7.
The move was driven by buying interest against the exchange-defined price band. At the time of writing the stock was locked at its upper circuit level, which makes the session worth noting for short-term market participants.
Key Takeaways
- FASCINATE TEXTILES LTD (FASCINATE) hit the upper circuit on NSE at Rs 52.7 on 22 September 2026.
- The session move was +4.98% against a previous close of Rs 50.2.
- Market capitalisation stood at Rs 69.08 crore with a PE ratio of 4.58.
- This is the 2nd straight session at the upper circuit, with the run starting on 21 September 2026.
- A price band is an exchange trading rule, not a view on the company or a recommendation.
Key Market Data
| Metric | Value |
|---|---|
| Stock | FASCINATE TEXTILES LTD |
| Current Price / LTP | Rs 52.7 |
| Day Move | 4.98% |
| Previous Close | Rs 50.2 |
| Day Open | Rs 52.7 |
| Day High | Rs 52.7 |
| Day Low | Rs 52.7 |
| Upper Circuit Price | Rs 52.7 |
| Upper Circuit Limit | Rs 52.7 |
| Market Cap | Rs 69.08 crore |
| Selected Exchange | NSE |
| PE Ratio | 4.58 |
All figures above are as of 22 September 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
FASCINATE TEXTILES LTD opened at Rs 52.7 on NSE, compared with a previous close of Rs 50.2. During the session, the stock traded between Rs 52.7 and Rs 52.7 before touching the upper circuit price of Rs 52.7.
The absolute day change was Rs 2.5, while the percentage move was 4.98%. The event figures are kept to a single exchange so the numbers stay comparable.
The selected exchange matters because price bands, day range, and previous-close values can differ across exchanges. This article uses NSE consistently for the event table and narrative. The stated upper circuit limit for the session was Rs 52.7, which is the level the price reached.
The Upper Circuit Streak So Far
This is session 2 of an unbroken run for FASCINATE TEXTILES LTD. The streak began on 21 September 2026, from a base price of Rs 47.85. Across the run the stock has moved 10.14% 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 FASCINATE TEXTILES LTD Hit Upper Circuit
FASCINATE TEXTILES LTD hit the upper circuit after buying interest pushed the stock to its exchange-defined price band. No official company announcement or verified external catalyst was confirmed at the time of writing, so the move should be read primarily through price action and market sentiment.
Because no verified catalyst was available, this article does not attribute the move to earnings, corporate action, sector news, or market rumours. If a confirmed announcement becomes available later, it should be added as a separate update.
Within the session the stock reached the upper circuit level of Rs 52.7.
What the Upper Circuit Means
An upper circuit is the maximum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For FASCINATE TEXTILES LTD, the captured upper circuit price was Rs 52.7 on 22 September 2026.
The circuit mechanism is meant to slow extreme price movement and keep trading orderly. It is a market-structure fact, not a return forecast. In this article, the upper circuit explains what happened in the session and where the price band was reached.
FASCINATE TEXTILES LTD Fundamentals and Valuation
Available market data gives a fuller picture than price action alone. For FASCINATE TEXTILES LTD, PE ratio was 4.58, PB ratio was 1.98, book value was Rs 25.36, EPS was 10.97, ROE was 72.08%, ROCE was 54.9%, dividend yield was 0% and debt-to-assets ratio was 0.83, on a market cap of Rs 69.08 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.
A PB ratio above 1 means the market price was above the reported book value per share. That premium can reflect growth expectations, asset quality, or simply thin trading in a smaller counter.
For investors tracking upper circuit moves, these metrics help separate the price event from the broader financial profile. A sharp one-day move can attract attention, but valuation and return ratios still need to be reviewed separately.
Peer and Sector Context
FASCINATE TEXTILES LTD belongs to the Textile 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 |
|---|---|---|---|---|
| Jindal Poly Films Ltd. | Rs 3158.53 crore | – | 0.81 | 36.95% |
| Kewal Kiran Clothing Ltd. | Rs 2995.6 crore | 20.2 | 3.11 | 17.92% |
| Sangam (India) Ltd. | Rs 2918.57 crore | 23.97 | 2.61 | 22.64% |
| Sportking India Ltd. | Rs 2624.04 crore | 16.24 | 2.2 | 72.82% |
| S.P. Apparels Ltd. | Rs 2494.53 crore | 23.18 | 2.52 | 14.16% |
A dash in the PE column means no PE ratio was carried for that company in the source data, which happens when reported earnings are negative or have not been refreshed. Those companies are left out of the average below rather than counted as zero.
Several of these peers are far larger by market capitalisation than FASCINATE TEXTILES LTD. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
FASCINATE TEXTILES LTD’s PE ratio was 4.58, compared with an available peer/sector PE average of 16.72, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.
Technical and Ownership Snapshot
Technical indicators were limited in the latest market dataset, so this article does not draw a technical conclusion beyond the confirmed upper circuit event.
Shareholding details were not available in the latest market dataset, so no conclusion is drawn about promoter, institutional, or public-shareholder activity.
What Readers Should Know
The main confirmed fact is that FASCINATE TEXTILES LTD hit the upper circuit on NSE at Rs 52.7 on 22 September 2026, with a 4.98% day move.
The practical limitation after an upper-circuit session is execution. Buyers queue at the band and sellers step back, so the quoted price is not necessarily a price you can transact at. The other limitation is that no official catalyst was confirmed at the time of writing.
Readers should treat upper circuit events as market updates, not standalone investment conclusions. The price band shows strong near-term interest, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.
Frequently Asked Questions
Why did FASCINATE TEXTILES LTD hit upper circuit on 22 September 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 FASCINATE TEXTILES LTD hit upper circuit in a row?
This is session 2 of the current run, which began on 21 September 2026. This page is updated each session rather than replaced with a new article.
What was FASCINATE share price on 22 September 2026?
The last traded price used in this article was Rs 52.7 on NSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for FASCINATE?
The upper circuit price was Rs 52.7. The stated exchange upper circuit limit was Rs 52.7. The event numbers in this article are aligned to NSE.
What is FASCINATE TEXTILES LTD’s market cap and PE ratio?
FASCINATE TEXTILES LTD’s market cap was Rs 69.08 crore. PE ratio was 4.58.
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 22 September 2026.
Does hitting an upper circuit mean FASCINATE TEXTILES 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 FASCINATE TEXTILES 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 FASCINATE TEXTILES LTD the stated limit was Rs 52.7. For this session, FASCINATE TEXTILES LTD moved 4.98%.
Footer Disclosure
This article is for informational purposes only and does not constitute investment advice. Research services are provided by Uniapps Investment Adviser Pvt. Ltd., a wholly owned subsidiary of Univest, SEBI RIA registration number INA000017639.
