Menon Pistons Ltd. Hits Upper Circuit on BSE, 27 October 2026
- October 27, 2026
- Posted by: Kunal Singla
- Category: News
Price bands set a hard ceiling on a single day’s move, and on 27 October 2026 Menon Pistons Ltd. (MENNPIS) ran straight into that ceiling on BSE. The Menon Pistons upper circuit stood at Rs 60.5, which is 5% above the previous close of Rs 57.62, and the shares were fixed there when this was written.
The auto ancillary company has a market cap of Rs 293.86 crore, so the band, rather than the order flow, is now what decides where the stock can trade.
Key Takeaways
- Menon Pistons Ltd. (MENNPIS) hit the upper circuit on BSE at Rs 60.5 on 27 October 2026.
- The session move was +5% against a previous close of Rs 57.62.
- Market capitalisation stood at Rs 293.86 crore with a PE ratio of 11.28.
- 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 | Menon Pistons Ltd. |
| Current Price / LTP | Rs 60.5 |
| Day Move | 5% |
| Previous Close | Rs 57.62 |
| Day Open | Rs 60.39 |
| Day High | Rs 60.5 |
| Day Low | Rs 60.39 |
| Upper Circuit Price | Rs 60.5 |
| Upper Circuit Limit | Rs 60.5 |
| Market Cap | Rs 293.86 crore |
| Selected Exchange | BSE |
| PE Ratio | 11.28 |
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
Menon Pistons Ltd. started trading at Rs 60.39, only a shade under the ceiling, and that opening level was also the day’s low. The price then edged up to Rs 60.5, the high and the band limit, leaving a razor-thin range for the session, with barely any room between the low and the high of the day.
Compared with the previous close of Rs 57.62, the gain was Rs 2.88, which is the 5% move in rupee terms. Every quote used here is from BSE, since band levels and reference prices can differ on another exchange.
Why Menon Pistons Ltd. Hit Upper Circuit
The shares rose because buyers kept lifting bids until the exchange band stopped them. For Menon Pistons Ltd. there was no confirmed company announcement or outside trigger on record when this was written, which leaves price action and market sentiment as the only reading on offer.
No cause such as results, a corporate action, sector news or market chatter is assigned to the move, because none was confirmed. If something is confirmed later, it will be handled in a separate update.
The top of the allowed range was Rs 60.5.
What the Menon Pistons Upper Circuit Means
A band works as a rule written into the exchange system: within one session, the price may not travel beyond a set percentage of its reference level. Once Menon Pistons Ltd. reached Rs 60.5 on 27 October 2026, no trade could happen above that figure.
Bands are there to blunt sharp swings and keep order in trading. A later session starts with fresh levels, and nothing about the band itself says what the stock will do then. It records only where the price was held on this day.
Menon Pistons Ltd. Fundamentals and Valuation
Reported figures for Menon Pistons Ltd. include a PE ratio of 11.28, a PB ratio of 1.58, book value of Rs 36.46 and EPS of 5.11, alongside a market cap of Rs 293.86 crore. The company operates in the automobile and ancillaries sector. Treat these as reference points and not as any buy, sell or hold view. They are the latest reported numbers and are set out so the price event can be seen next to the financial picture of the business.
With a PB ratio of 1.58, the market values the shares above their reported book value per share. Growth hopes, asset quality or light trading in a smaller counter are among the things that can lie behind a premium like that.
One eye-catching session is no substitute for a look at valuation and returns on capital, which are better judged separately.
Peer and Sector Context
Menon Pistons Ltd. belongs to the Auto Ancillary industry within the Automobile & Ancillaries 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 |
|---|---|---|---|---|
| Sandhar Technologies Ltd. | Rs 2857.85 crore | 13.74 | 2.09 | 16.07% |
| Divgi Torqtransfer Systems Ltd. | Rs 2786.56 crore | 44.07 | 4.22 | 7.62% |
| CARRARO INDIA LIMITED | Rs 2781.18 crore | 20.94 | 4.67 | 25.54% |
| India Nippon Electricals Ltd. | Rs 2488.47 crore | 22.38 | 3.03 | 14.51% |
| Sundaram-Clayton Ltd. | Rs 2421.33 crore | 9.65 | 1.96 | 22.27% |
Several of these peers are far larger by market capitalisation than Menon Pistons Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
Menon Pistons Ltd.’s PE ratio was 11.28, compared with an available peer PE average of 22.16, 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 49, the 50-day moving average was 69.11 and the 200-day moving average was 67.21.
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
What can be said with confidence is short: Menon Pistons Ltd. reached the upper circuit on BSE at Rs 60.5 on 27 October 2026, a 5% rise on the day.
Getting an order filled is the practical difficulty. Bids crowd the band and sellers hold back, so the displayed price may not be one that is truly available. The other gap is that no confirmed catalyst was on record when this was written.
Read this as a snapshot of the market and not a verdict on the company. A busy band still leaves business quality, valuation, liquidity, risk and company filings to be examined.
Frequently Asked Questions
Why did Menon Pistons 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 MENNPIS share price on 27 October 2026?
The last traded price used in this article was Rs 60.5 on BSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for MENNPIS?
The upper circuit price was Rs 60.5. The stated exchange upper circuit limit was Rs 60.5. The event numbers in this article are aligned to BSE.
What is Menon Pistons Ltd.’s market cap and PE ratio?
Menon Pistons Ltd.’s market cap was Rs 293.86 crore. PE ratio was 11.28.
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 Menon Pistons 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 Menon Pistons 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 Menon Pistons Ltd. the stated limit was Rs 60.5. For this session, Menon Pistons 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.