Suraj Industries Ltd. Hits Upper Circuit on BSE, 30 September 2026
- September 30, 2026
- Posted by: Kunal Singla
- Category: News
On 30 September 2026, Suraj Industries Ltd. (SURJIND) hit the upper circuit on BSE at Rs 58.32, a 4.99% positive move from the previous close of Rs 55.55. The company’s market cap stood at Rs 268.38 crore. The upper circuit price for the session was Rs 58.32.
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
- Suraj Industries Ltd. (SURJIND) hit the upper circuit on BSE at Rs 58.32 on 30 September 2026.
- The session move was +4.99% against a previous close of Rs 55.55.
- Market capitalisation stood at Rs 268.38 crore with a PE ratio of 57.13.
- 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 | Suraj Industries Ltd. |
| Current Price / LTP | Rs 58.32 |
| Day Move | 4.99% |
| Previous Close | Rs 55.55 |
| Day Open | Rs 57.98 |
| Day High | Rs 58.32 |
| Day Low | Rs 55.01 |
| Upper Circuit Price | Rs 58.32 |
| Upper Circuit Limit | Rs 58.32 |
| Market Cap | Rs 268.38 crore |
| Selected Exchange | BSE |
| PE Ratio | 57.13 |
All figures above are as of 30 September 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
Suraj Industries Ltd. opened at Rs 57.98 on BSE, compared with a previous close of Rs 55.55. During the session, the stock traded between Rs 55.01 and Rs 58.32 before touching the upper circuit price of Rs 58.32.
The absolute day change was Rs 2.77, while the percentage move was 4.99%. 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 BSE consistently for the event table and narrative. The stated upper circuit limit for the session was Rs 58.32, which is the level the price reached.
Why Suraj Industries Ltd. Hit Upper Circuit
Suraj Industries 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 58.32.
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 Suraj Industries Ltd., the captured upper circuit price was Rs 58.32 on 30 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.
Suraj Industries Ltd. Fundamentals and Valuation
Available market data gives a fuller picture than price action alone. For Suraj Industries Ltd., PE ratio was 57.13, PB ratio was 1.64, book value was Rs 33.94, EPS was 0.97, ROE was 6.58%, ROCE was 3.95% and dividend yield was 0%, on a market cap of Rs 268.38 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.
At the reported PB ratio of 1.64, the market valued Suraj Industries Ltd. above its 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
Suraj Industries Ltd. belongs to the Trading 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 |
|---|---|---|---|---|
| Confidence Petroleum India Ltd. | Rs 2894.82 crore | 21.5 | 1.97 | 7% |
| Vintage Coffee & Beverages Ltd. | Rs 2669.75 crore | 33.9 | 4.74 | 17.91% |
| Fischer Medical Ventures Ltd. | Rs 2358.76 crore | 79.09 | 5.07 | 9.38% |
| Aayush Art And Bullion Ltd. | Rs 1995.18 crore | 252.82 | 32.83 | 13.89% |
| Khazanchi Jewellers Ltd. | Rs 1770.02 crore | 17.34 | 5.1 | 32.45% |
Several of these peers are far larger by market capitalisation than Suraj Industries Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
Suraj Industries Ltd.’s PE ratio was 57.13, compared with an available peer PE average of 80.93, 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 42.67, the 50-day moving average was 59.41 and the 200-day moving average was 54.22.
Worth flagging: the RSI reading sits on the opposite side of neutral to the day move and 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
The main confirmed fact is that Suraj Industries Ltd. hit the upper circuit on BSE at Rs 58.32 on 30 September 2026, with a 4.99% 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 Suraj Industries Ltd. hit upper circuit on 30 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.
What was SURJIND share price on 30 September 2026?
The last traded price used in this article was Rs 58.32 on BSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for SURJIND?
The upper circuit price was Rs 58.32. The stated exchange upper circuit limit was Rs 58.32. The event numbers in this article are aligned to BSE.
What is Suraj Industries Ltd.’s market cap and PE ratio?
Suraj Industries Ltd.’s market cap was Rs 268.38 crore. PE ratio was 57.13.
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 30 September 2026.
Does hitting an upper circuit mean Suraj Industries 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 Suraj Industries 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 Suraj Industries Ltd. the stated limit was Rs 58.32. For this session, Suraj Industries 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.