Swaraj Suiting Ltd. Hits Upper Circuit on NSE, 27 October 2026
- September 21, 2026
- Posted by: Kunal Singla
- Category: News
Swaraj Suiting Ltd. (SWARAJ) did not go straight to its ceiling on 27 October 2026. The stock opened at Rs 346 on NSE, slipped to Rs 337 at one stage, and then recovered to Rs 348.35, which is where the Swaraj Suiting upper circuit took hold. That is 4.99% above the previous close of Rs 331.8, and the shares were at the band when this was written. Market cap stood at Rs 869.16 crore, so the session is one that short-term market participants may want to note.
Key Takeaways
- Swaraj Suiting Ltd. (SWARAJ) hit the upper circuit on NSE at Rs 348.35 on 27 October 2026.
- The session move was +4.99% against a previous close of Rs 331.8.
- Market capitalisation stood at Rs 869.16 crore with a PE ratio of 16.6.
- 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 | Swaraj Suiting Ltd. |
| Current Price / LTP | Rs 348.35 |
| Day Move | 4.99% |
| Previous Close | Rs 331.8 |
| Day Open | Rs 346 |
| Day High | Rs 348.35 |
| Day Low | Rs 337 |
| Upper Circuit Price | Rs 348.35 |
| Upper Circuit Limit | Rs 348.35 |
| Market Cap | Rs 869.16 crore |
| Selected Exchange | NSE |
| PE Ratio | 16.6 |
All figures above are as of 27 October 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
The previous close was Rs 331.8, and the stock opened well above it at Rs 346. It then dipped to Rs 337, the low of the session, before buyers took over and carried it up to Rs 348.35, the day’s high and also the band price.
The gain over the previous close was Rs 16.55, which matches the 4.99% move. All figures here are NSE figures, as band limits, day ranges and previous-close values can differ between exchanges.
Put simply, the path ran from Rs 346 down to Rs 337 and then up to the band limit of Rs 348.35.
Why Swaraj Suiting Ltd. Hit Upper Circuit
Buying interest took the shares to the price band after the early dip, and that is what an upper circuit means. No official company announcement or verified external catalyst had been confirmed at the time of writing, so the move is best read through price action and market sentiment.
With nothing confirmed, the article does not credit earnings, a corporate action, news from the sector or rumours for the rise. A confirmed announcement, if one is made later, would be added as a separate update.
The session level reached was Rs 348.35.
What the Swaraj Suiting Upper Circuit Means
For holders, the band limits the day’s gain to Rs 16.55 over the previous close. For prospective buyers, it limits access, since orders collect at the ceiling and few sellers appear. The ceiling for Swaraj Suiting Ltd. on 27 October 2026 was Rs 348.35.
Bands exist to slow extreme swings and keep trading orderly. They reflect how markets are organised and make no promise about returns. The circuit tells readers what happened and where the price was stopped.
Swaraj Suiting Ltd. Fundamentals and Valuation
The reported data for Swaraj Suiting Ltd. include a PE ratio of 16.6, a PB ratio of 2.65, book value of Rs 124 and EPS of 19.82, set against a market cap of Rs 869.16 crore. They are reference indicators, not a buy, sell or hold view.
With a PB ratio of 2.65, the market valued the company above its reported book value per share. Growth hopes, asset quality or light trading in a smaller counter could each lie behind a premium like that.
A large one-day move draws attention, but valuation and returns on capital are separate matters that need their own review. Today’s price event says little about how the business itself is doing, and the ratios here are simply the latest ones reported.
Peer and Sector Context
Swaraj Suiting 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 |
|---|---|---|---|---|
| SBC Exports Ltd. | Rs 3033.81 crore | 75.11 | 30.26 | 37.22% |
| Sangam (India) Ltd. | Rs 2905 crore | 23.91 | 2.6 | 7.93% |
| Sportking India Ltd. | Rs 2646.27 crore | 16.38 | 2.22 | 11.28% |
| Kewal Kiran Clothing Ltd. | Rs 2592.88 crore | 17.51 | 2.69 | 17.33% |
| Kitex Garments Ltd. | Rs 2210.46 crore | – | 2.18 | -1.28% |
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.
Swaraj Suiting Ltd.’s PE ratio was 16.6, compared with an available peer PE average of 33.23, 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 61.38 and the 50-day moving average was 340.14.
What Readers Should Know
The confirmed facts are brief: Swaraj Suiting Ltd. reached the upper circuit on NSE at Rs 348.35 on 27 October 2026, a 4.99% move on the day.
After such a session, getting an order filled is the practical difficulty. Buyers queue at the band while sellers stay back, so the quoted price may not be one at which shares can actually be bought. Beyond that, no official catalyst had been confirmed when this was written.
The event is best read as a market update rather than a conclusion about the company. Strong interest at the band still leaves business fundamentals, valuation, liquidity, risk and company disclosures to be checked.
Frequently Asked Questions
Why did Swaraj Suiting 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 SWARAJ share price on 27 October 2026?
The last traded price used in this article was Rs 348.35 on NSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for SWARAJ?
The upper circuit price was Rs 348.35. The stated exchange upper circuit limit was Rs 348.35. The event numbers in this article are aligned to NSE.
What is Swaraj Suiting Ltd.’s market cap and PE ratio?
Swaraj Suiting Ltd.’s market cap was Rs 869.16 crore. PE ratio was 16.6.
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 27 October 2026.
Does hitting an upper circuit mean Swaraj Suiting 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 Swaraj Suiting 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 Swaraj Suiting Ltd. the stated limit was Rs 348.35. For this session, Swaraj Suiting 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.