Univest
Univest
  • Markets

Tuni Textile Mills Ltd. Hits Lower Circuit for the 2nd Straight Session on BSE, 28 October 2026

  • October 9, 2026
  • Posted by: Kunal Singla
  • Category: News
No Comments
Tuni Textile Mills lower circuit streak today on BSE

Tuni Textile Mills Ltd. (TUNITEX) sits in textile weaving, and a sector label cannot say why the Tuni Textile Mills lower circuit streak has now reached 2 sessions. On 28 October 2026 the stock was locked at Rs 2.09 on BSE, 1.88% under the previous close of Rs 2.13.

Market cap is Rs 132.17 crore, and a second session at the band is the detail short-term market participants will want to follow.

Table of Contents

Toggle
  • Key Takeaways
  • Key Market Data
  • Price Action and Trading Activity
  • The Tuni Textile Mills Lower Circuit Streak So Far
  • Why Tuni Textile Mills Ltd. Hit Lower Circuit
  • What the Tuni Textile Mills Lower Circuit Means
  • Tuni Textile Mills Ltd. Fundamentals and Valuation
  • Peer and Sector Context
  • Technical Snapshot
  • What Readers Should Know
  • Frequently Asked Questions
    • Why did Tuni Textile Mills Ltd. hit lower circuit on 28 October 2026?
    • How many sessions has Tuni Textile Mills Ltd. hit lower circuit in a row?
    • What was TUNITEX share price on 28 October 2026?
    • What was the lower circuit price for TUNITEX?
    • What is Tuni Textile Mills Ltd.’s market cap and PE ratio?
    • Which exchange and data source were used?
    • Does hitting a lower circuit mean Tuni Textile Mills Ltd. is a buy or a sell?
    • Can you buy or sell Tuni Textile Mills 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

  • Tuni Textile Mills Ltd. (TUNITEX) hit the lower circuit on BSE at Rs 2.09 on 28 October 2026.
  • The session move was -1.88% against a previous close of Rs 2.13.
  • Market capitalisation stood at Rs 132.17 crore with a PE ratio of 80.39.
  • This is the 2nd straight session at the lower circuit, with the run starting on 27 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 Tuni Textile Mills Ltd.
Current Price / LTP Rs 2.09
Day Move -1.88%
Previous Close Rs 2.13
Day Open Rs 2.09
Day High Rs 2.09
Day Low Rs 2.09
Lower Circuit Price Rs 2.09
Lower Circuit Limit Rs 2.09
Market Cap Rs 132.17 crore
Selected Exchange BSE
PE Ratio 80.39

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

Tuni Textile Mills Ltd. opened at Rs 2.09 on BSE, and the high, low and last price of the day were that same figure, which is also the lower circuit price. The previous close was Rs 2.13.

The stock fell Rs 0.04, a move of -1.88%. With the open, extremes and band identical, the session shows a single price held throughout rather than a spread of trades. Every figure comes from BSE, so the numbers sit on one footing.

Different exchanges can carry different bands and previous-close values, which is why only BSE is used here. The band limit for the session was Rs 2.09.

The Tuni Textile Mills Lower Circuit Streak So Far

This is session 2 of an unbroken run for Tuni Textile Mills Ltd. The streak began on 27 October 2026, from a base price of Rs 2.17. Across the run the stock has moved -3.69% 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 Tuni Textile Mills Ltd. Hit Lower Circuit

Selling pressure pushed Tuni Textile Mills Ltd. into its exchange-defined price band. No official company announcement or verified external catalyst had been confirmed at the time of writing, so price action and market sentiment are the basis for reading the move.

Comparing the stock with textile peers can add colour, but it does not supply a reason for the fall. This note therefore stays clear of earnings, a corporate action, sector news and market rumours, and any confirmed announcement would go into a separate update.

The lower circuit level reached in the session was Rs 2.09.

What the Tuni Textile Mills Lower Circuit Means

The lower circuit is the lowest price a stock may reach in a session under the applicable exchange band. For Tuni Textile Mills Ltd., the recorded level was Rs 2.09 on 28 October 2026.

Such bands are intended to slow extreme moves and keep trading orderly. They describe market structure and do not forecast returns. In this note the circuit records what happened in the session and where the band was hit, and the streak stands at 2 sessions.

Tuni Textile Mills Ltd. Fundamentals and Valuation

Market data adds detail behind the price. Reported figures for Tuni Textile Mills Ltd. are a PE ratio of 80.39, a PB ratio of 2.02, book value of Rs 1.06 and EPS of 0.03, on a market cap of Rs 132.17 crore. Read them as descriptive data rather than a buy, sell or hold view.

At a PB ratio of 2.02, the market priced the company above its reported book value per share. A premium of that kind may reflect growth expectations or asset quality, or it may come from thin trading in a smaller counter.

A peer comparison could place these ratios in context, but it cannot explain a two-session slide on its own. Valuation and returns still need separate review.

Peer and Sector Context

Tuni Textile Mills Ltd. belongs to the Textile – Weaving industry within the Textile 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
Siyaram Silk Mills Ltd. Rs 2091.56 crore 9.29 1.42 16.83%
United Polyfab Gujarat Ltd. Rs 1226.3 crore 44.9 9.46 22.17%
Manomay Tex India Ltd. Rs 449.23 crore 22.3 2.55 12.31%
VTM Ltd. Rs 436.77 crore 51.23 1.38 3.6%
Ludlow Jute & Specialities Ltd. Rs 290.87 crore 16.07 1.51 9.13%

Several of these peers are far larger by market capitalisation than Tuni Textile Mills Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Tuni Textile Mills Ltd.’s PE ratio was 80.39, compared with an available peer PE average of 28.76, calculated from the 5 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 70.56, the 50-day moving average was 1.97 and the 200-day moving average was 1.27.

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 confirmed facts are narrow: Tuni Textile Mills Ltd. touched the lower circuit on BSE at Rs 2.09 on 28 October 2026, a day move of -1.88%, and the streak now stands at 2 sessions.

After a session like this the practical issue is execution. Sell orders pile up at the band with few buyers, so an exit at the quoted price may not be possible, and no official catalyst had been confirmed when this was written.

A lower circuit works as a market update and not a standalone conclusion. It reflects heavy selling for now, and deeper review has to cover business fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Tuni Textile Mills 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.

How many sessions has Tuni Textile Mills Ltd. hit lower circuit in a row?

This is session 2 of the current run, which began on 27 October 2026. This page is updated each session rather than replaced with a new article.

What was TUNITEX share price on 28 October 2026?

The last traded price used in this article was Rs 2.09 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for TUNITEX?

The lower circuit price was Rs 2.09. The stated exchange lower circuit limit was Rs 2.09. The event numbers in this article are aligned to BSE.

What is Tuni Textile Mills Ltd.’s market cap and PE ratio?

Tuni Textile Mills Ltd.’s market cap was Rs 132.17 crore. PE ratio was 80.39.

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 Tuni Textile Mills 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 Tuni Textile Mills 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 Tuni Textile Mills Ltd. the stated limit was Rs 2.09. For this session, Tuni Textile Mills Ltd. moved -1.88%.

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.

Leave a Reply Cancel reply