HARI GOVIND INTERNATIONAL LTD. Hits Lower Circuit on BSE, 28 October 2026
- October 9, 2026
- Posted by: Kunal Singla
- Category: News
A textile name pinned at its floor invites a comparison with sector peers, yet the HARI GOVIND INTERNATIONAL lower circuit on 28 October 2026 is a fact about one counter, not about the group. HARI GOVIND INTERNATIONAL LTD. was locked at Rs 117.7 on BSE, 4.97% under the previous close of Rs 123.85, with a market cap of Rs 105.58 crore.
Sellers dominated until the price reached the exchange-defined band, and it never left that level, which makes the session worth noting for short-term participants.
Key Takeaways
- HARI GOVIND INTERNATIONAL LTD. hit the lower circuit on BSE at Rs 117.7 on 28 October 2026.
- The session move was -4.97% against a previous close of Rs 123.85.
- Market capitalisation stood at Rs 105.58 crore with a PE ratio of 147.26.
- 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 | HARI GOVIND INTERNATIONAL LTD. |
| Current Price / LTP | Rs 117.7 |
| Day Move | -4.97% |
| Previous Close | Rs 123.85 |
| Day Open | Rs 117.7 |
| Day High | Rs 117.7 |
| Day Low | Rs 117.7 |
| Lower Circuit Price | Rs 117.7 |
| Lower Circuit Limit | Rs 117.7 |
| Market Cap | Rs 105.58 crore |
| Selected Exchange | BSE |
| PE Ratio | 147.26 |
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
HARI GOVIND INTERNATIONAL LTD. opened on BSE at Rs 117.7, against a previous close of Rs 123.85. The open, high and low were all the same Rs 117.7, so the stock opened at the band and stayed locked there for the whole session, with no trading range to speak of.
The absolute change came to Rs 6.15, a -4.97% move. Figures are drawn from BSE alone, which keeps the open, high, low and prior close comparable with one another.
Sticking to one exchange keeps the comparison honest, since bands and reference prices can differ between venues. The session limit was Rs 117.7, the level the stock held.
Why HARI GOVIND INTERNATIONAL LTD. Hit Lower Circuit
HARI GOVIND INTERNATIONAL LTD. went to the lower circuit as selling pressure drove the stock onto its exchange-defined price band. At the time of writing, no official company announcement or verified external catalyst had been confirmed, so the move is best understood through price action and market sentiment.
In the absence of a verified trigger, sector and peer movements are not offered as an explanation, nor are earnings, a corporate action or market rumours. A confirmed announcement, if any, would be added as a separate update.
The stock held Rs 117.7 within the session.
What the HARI GOVIND INTERNATIONAL Lower Circuit Means
A lower circuit is the lowest price a stock can trade at in a session under the exchange’s price band. For HARI GOVIND INTERNATIONAL LTD., that level was Rs 117.7 on 28 October 2026.
Comparing a floor-locked counter with textile peers shows only relative price movement. It does not show whether the cause is specific to the company or common across the group, and the circuit itself is a market-structure feature rather than a return forecast.
HARI GOVIND INTERNATIONAL LTD. Fundamentals and Valuation
Market data adds context to the price event. For HARI GOVIND INTERNATIONAL LTD., the PE ratio was 147.26, the PB ratio 14.15, book value Rs 8.75 and EPS 0.84, against a market cap of Rs 105.58 crore. These are descriptive indicators and not a buy, sell or hold view.
The source dataset reports EPS and return on equity pointing in opposite directions for HARI GOVIND INTERNATIONAL LTD., and both cannot be right. No conclusion on profitability is drawn here until that is settled.
A PB ratio of 14.15 means the market valued the company well above its reported book value per share. A premium like that can reflect growth expectations, asset quality, or just thin trading in a smaller counter. Set against textile peers, such a ratio would need context that a single-day price event does not supply.
For readers following lower circuit moves, these figures help separate the price event from the wider financial profile. Valuation and return ratios deserve their own review, apart from the sharp one-day move.
Peer and Sector Context
HARI GOVIND INTERNATIONAL 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 |
|---|---|---|---|---|
| Sangam (India) Ltd. | Rs 2931.38 crore | 24.13 | 2.62 | 7.93% |
| Sportking India Ltd. | Rs 2655.8 crore | 16.43 | 2.23 | 11.28% |
| Kewal Kiran Clothing Ltd. | Rs 2594.11 crore | 17.52 | 2.69 | 17.33% |
| Kitex Garments Ltd. | Rs 2249.36 crore | – | 2.22 | -1.28% |
| S.P. Apparels Ltd. | Rs 2092.06 crore | 19.85 | 2.16 | 11.22% |
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 HARI GOVIND INTERNATIONAL LTD. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
HARI GOVIND INTERNATIONAL LTD.’s PE ratio was 147.26, compared with an available peer PE average of 19.48, calculated from the 4 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 39.15, the 50-day moving average was 155.7 and the 200-day moving average was 166.39.
What Readers Should Know
Confirmed: HARI GOVIND INTERNATIONAL LTD. was locked at the lower circuit on BSE at Rs 117.7 on 28 October 2026, a -4.97% day move. A comparison with peers or the textile sector cannot add a cause, because none was confirmed at the time of writing.
Execution is the practical constraint: with few buyers at the band, an order to sell may not fill at the quoted price.
Lower circuit events are market updates, not standalone investment conclusions. A floor-locked band reflects strong selling in the near term, and any follow-up should weigh fundamentals, valuation, liquidity, risk and company disclosures once confirmed.
Frequently Asked Questions
Why did HARI GOVIND INTERNATIONAL 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 HARI GOVIND INTERNATIONAL LTD. share price on 28 October 2026?
The last traded price used in this article was Rs 117.7 on BSE. That price matched the lower circuit price captured for the event.
What was the lower circuit price for HARI GOVIND INTERNATIONAL LTD.?
The lower circuit price was Rs 117.7. The stated exchange lower circuit limit was Rs 117.7. The event numbers in this article are aligned to BSE.
What is HARI GOVIND INTERNATIONAL LTD.’s market cap and PE ratio?
HARI GOVIND INTERNATIONAL LTD.’s market cap was Rs 105.58 crore. PE ratio was 147.26.
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 a lower circuit mean HARI GOVIND INTERNATIONAL 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 HARI GOVIND INTERNATIONAL 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 HARI GOVIND INTERNATIONAL LTD. the stated limit was Rs 117.7. For this session, HARI GOVIND INTERNATIONAL LTD. moved -4.97%.
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.