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Purple Wave Infocom Ltd. Hits Lower Circuit for the 2nd Straight Session on BSE, 27 October 2026

  • September 25, 2026
  • Posted by: Kunal Singla
  • Category: News
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Purple Wave Infocom lower circuit streak today on BSE

Purple Wave Infocom Ltd. opened at Rs 352.2 on BSE on 27 October 2026 and never left that price. The Consumer Durables name was locked at the lower circuit all session, 4.99% under the previous close of Rs 370.7, and the Purple Wave Infocom lower circuit streak now stands at 2 straight sessions.

Market cap sat at Rs 342.75 crore while the stock was pinned at the band, a detail that matters mostly to short-term participants watching the counter.

Table of Contents

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  • Key Takeaways
  • Key Market Data
  • Price Action and Trading Activity
  • The Purple Wave Infocom Lower Circuit Streak So Far
  • Why Purple Wave Infocom Ltd. Hit Lower Circuit
  • What the Purple Wave Infocom Lower Circuit Means
  • Purple Wave Infocom Ltd. Fundamentals and Valuation
  • Peer and Sector Context
  • Technical Snapshot
  • What Readers Should Know
  • Frequently Asked Questions
    • Why did Purple Wave Infocom Ltd. hit lower circuit on 27 October 2026?
    • How many sessions has Purple Wave Infocom Ltd. hit lower circuit in a row?
    • What was PURPLEWAVE share price on 27 October 2026?
    • What was the lower circuit price for PURPLEWAVE?
    • What is Purple Wave Infocom Ltd.’s market cap and PE ratio?
    • Which exchange and data source were used?
    • Does hitting a lower circuit mean Purple Wave Infocom Ltd. is a buy or a sell?
    • Can you buy or sell Purple Wave Infocom Ltd. shares when the stock is at the lower circuit?
    • What happens the next trading session after a lower circuit?
    • What is the lower circuit limit set at for Indian stocks?

Key Takeaways

  • Purple Wave Infocom Ltd. (PURPLEWAVE) hit the lower circuit on BSE at Rs 352.2 on 27 October 2026.
  • The session move was -4.99% against a previous close of Rs 370.7.
  • Market capitalisation stood at Rs 342.75 crore with a PE ratio of 25.53.
  • This is the 2nd straight session at the lower circuit, with the run starting on 26 October 2026.
  • A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric Value
Stock Purple Wave Infocom Ltd.
Current Price / LTP Rs 352.2
Day Move -4.99%
Previous Close Rs 370.7
Day Open Rs 352.2
Day High Rs 352.2
Day Low Rs 352.2
Lower Circuit Price Rs 352.2
Lower Circuit Limit Rs 352.2
Market Cap Rs 342.75 crore
Selected Exchange BSE
PE Ratio 25.53

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 open, high and low were all Rs 352.2, so the stock started at the band and stayed there with no trading range above it. Against the previous close of Rs 370.7, that is a fall of Rs 18.5 per share, or -4.99%.

All figures here come from BSE alone. Band levels, day ranges and previous closes can differ from one exchange to another, so mixing venues would make the comparison unreliable. The band limit of Rs 352.2 is the same price the stock was quoted at.

The Purple Wave Infocom Lower Circuit Streak So Far

This is session 2 of an unbroken run for Purple Wave Infocom Ltd. The streak began on 26 October 2026, from a base price of Rs 390.2. Across the run the stock has moved -9.74% in total.

A repeated lower 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 Purple Wave Infocom Ltd. Hit Lower Circuit

Selling pressure took the stock straight to its exchange-defined price band and kept it there. No official company announcement or verified external catalyst had been confirmed when this was written, which leaves price action and sentiment as the only readable signals.

For that reason the move is not tied to results, corporate actions, sector news or market chatter. A confirmed disclosure, if one appears later, would belong in a separate update.

What the Purple Wave Infocom Lower Circuit Means

Under an exchange price band, the lower circuit is the lowest price a stock may trade at in a session. For Purple Wave Infocom Ltd. that floor was Rs 352.2 on 27 October 2026.

Bands exist to slow sharp swings and keep order in trading. They describe how the market is structured and say nothing about where a stock heads next. Here, the circuit simply records what happened in the session.

Purple Wave Infocom Ltd. Fundamentals and Valuation

Market data adds context beyond the price move. Purple Wave Infocom Ltd. carried a PE ratio of 25.53 and a PB ratio of 5.95, with book value of Rs 62.27 per share, EPS of 14.52 and a market cap of Rs 342.75 crore. These are reference indicators, not a buy, sell or hold view.

A PB of 5.95 means the market priced the company well above its book value per share. Such a premium may reflect growth hopes, asset quality or just a thinly traded smaller counter.

For anyone following circuit events, the ratios help keep the day’s price move apart from the longer business picture. A steep one-day fall draws attention, yet valuation and returns need their own review.

Peer and Sector Context

Purple Wave Infocom Ltd. belongs to the Consumer Durables – Electronics industry within the Consumer Durables 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
IKIO Lighting Ltd. Rs 1266.63 crore 27.24 2.09 7.23%
Wonder Electricals Ltd. Rs 932.83 crore 77.88 10.07 10.61%
Mirc Electronics Ltd. Rs 921.6 crore – 4.14 -41.32%
Arham Technologies Ltd. Rs 413.34 crore 33.87 4.36 19.38%
Elin Electronics Ltd. Rs 361.58 crore – 0.68 4.14%

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.

Purple Wave Infocom Ltd.’s PE ratio was 25.53, compared with an available peer PE average of 46.33, calculated from the 3 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Want to know more? Log in to Univest for more stock insights.

Technical Snapshot

The technical snapshot adds context: RSI was 54.36, the 50-day moving average was 392.32 and the 200-day moving average was 250.46.

What Readers Should Know

The firm facts are narrow: Purple Wave Infocom Ltd. was locked at the lower circuit on BSE at Rs 352.2 on 27 October 2026, down 4.99% on the day.

Execution is the practical catch after a session like this. Sellers line up at the band with few buyers opposite them, so an exit at the quoted price may simply not be available. No official catalyst has been confirmed either.

A lower circuit is best read as a market update rather than a conclusion in itself. It points to heavy selling in the near term, and any deeper view should weigh the business, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Purple Wave Infocom Ltd. hit lower circuit on 27 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.

How many sessions has Purple Wave Infocom Ltd. hit lower circuit in a row?

This is session 2 of the current run, which began on 26 October 2026. This page is updated each session rather than replaced with a new article.

What was PURPLEWAVE share price on 27 October 2026?

The last traded price used in this article was Rs 352.2 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for PURPLEWAVE?

The lower circuit price was Rs 352.2. The stated exchange lower circuit limit was Rs 352.2. The event numbers in this article are aligned to BSE.

What is Purple Wave Infocom Ltd.’s market cap and PE ratio?

Purple Wave Infocom Ltd.’s market cap was Rs 342.75 crore. PE ratio was 25.53.

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 a lower circuit mean Purple Wave Infocom 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 Purple Wave Infocom 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 Purple Wave Infocom Ltd. the stated limit was Rs 352.2. For this session, Purple Wave Infocom Ltd. moved -4.99%.

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.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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