{"id":137731,"date":"2026-07-01T18:22:00","date_gmt":"2026-07-01T12:52:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=137731"},"modified":"2026-07-01T18:22:02","modified_gmt":"2026-07-01T12:52:02","slug":"lexus-granito-share-price-10-percent-upper-circuit","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/","title":{"rendered":"Lexus Granito Share Price Jumps Nearly 10 Percent to Hit Upper Circuit"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Lexus Granito locked near 10% upper circuit, Rs 15.21. Up from prev close Rs 13.83. Morbi Gujarat vitrified tiles manufacturer. High debt to equity.<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/lexus\/lexus-granito-(india)-ltd-share-price-today\">Lexus Granito<\/a> share price jumped 9.98 percent to hit its upper circuit at Rs 15.21 on Wednesday, up from its previous close of Rs 13.83, as the Morbi, Gujarat based vitrified tiles manufacturer saw a sharp rise in buying interest during the session.<\/p>\n<p>No specific corporate announcement has surfaced alongside today&#8217;s rally, and the move places Lexus Granito among a cluster of small and micro-cap stocks that hit their upper circuits in the same session, a pattern broadly attributed to momentum chasing and thin free float rather than any confirmed company specific news. This is a key data point for anyone tracking the Lexus Granito share price today.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=lexus-granito-10-percent-upper-circuit\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#What_Lexus_Granito_Does_and_Why_Its_Share_Price_Moved\" title=\"What Lexus Granito Does and Why Its Share Price Moved\">What Lexus Granito Does and Why Its Share Price Moved<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#Lexus_Granito_Key_Metrics\" title=\"Lexus Granito Key Metrics\">Lexus Granito Key Metrics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#Key_Risks_to_Watch_on_Lexus_Granito_Share_Price\" title=\"Key Risks to Watch on Lexus Granito Share Price\">Key Risks to Watch on Lexus Granito Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#FAQs_on_Lexus_Granito_Share_Price\" title=\"FAQs on Lexus Granito Share Price\">FAQs on Lexus Granito Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#1_Why_did_Lexus_Granito_share_price_hit_its_upper_circuit_today\" title=\"1. Why did Lexus Granito share price hit its upper circuit today?\">1. Why did Lexus Granito share price hit its upper circuit today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#2_What_does_Lexus_Granito_manufacture\" title=\"2. What does Lexus Granito manufacture?\">2. What does Lexus Granito manufacture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#3_What_is_Lexus_Granitos_debt_to_equity_ratio\" title=\"3. What is Lexus Granito&#8217;s debt to equity ratio?\">3. What is Lexus Granito&#8217;s debt to equity ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#4_What_is_the_52_week_range_of_Lexus_Granito_shares\" title=\"4. What is the 52 week range of Lexus Granito shares?\">4. What is the 52 week range of Lexus Granito shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#5_How_has_Lexus_Granitos_revenue_trended_recently\" title=\"5. How has Lexus Granito&#8217;s revenue trended recently?\">5. How has Lexus Granito&#8217;s revenue trended recently?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lexus-granito-share-price-10-percent-upper-circuit\/#6_Is_todays_rally_backed_by_any_confirmed_positive_news\" title=\"6. Is today&#8217;s rally backed by any confirmed positive news?\">6. Is today&#8217;s rally backed by any confirmed positive news?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Lexus_Granito_Does_and_Why_Its_Share_Price_Moved\"><\/span><strong>What Lexus Granito Does and Why Its Share Price Moved<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/univest.in\/stocks\/lexus\/lexus-granito-(india)-ltd-share-price-today\">Lexus Granito (India)<\/a>, originally formed as a partnership firm called M\/S Vitco Vitrified in Morbi, Gujarat in 2008 before converting into a public limited company in 2017, manufactures and markets vitrified ceramic tiles and wall tiles for domestic and international markets from its integrated manufacturing unit. The company&#8217;s products, known for low porosity and water and frost resistance, serve as an alternative to natural marble and granite flooring. Investors watching the Lexus Granito share price should note this development closely.<\/p>\n<p>Today&#8217;s rally comes against a backdrop of weak underlying fundamentals, with the company reporting revenue de-growth of around 36 percent on a trailing basis and a high debt to equity ratio of roughly 939 percent, financial metrics that place it firmly in the higher risk category of small cap building materials stocks. This risk profile is essential context for anyone evaluating Lexus Granito share price today. This detail is central to the near term outlook on the Lexus Granito share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lexus_Granito_Key_Metrics\"><\/span><strong>Lexus Granito Key Metrics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>CMP<\/td>\n<td>Rs 15.21<\/td>\n<\/tr>\n<tr>\n<td>Previous Close<\/td>\n<td>Rs 13.83<\/td>\n<\/tr>\n<tr>\n<td>52 Week High<\/td>\n<td>Rs 39.25<\/td>\n<\/tr>\n<tr>\n<td>52 Week Low<\/td>\n<td>Rs 16.90<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>~939%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Building Materials Sector Data<\/strong><\/a><\/p>\n<p>Even after today&#8217;s move, the stock remains far below its 52 week high of Rs 39.25, having declined nearly 40 percent over the trailing year, underscoring that this rally represents only a modest bounce within a much larger downtrend for the stock. This longer term chart context is important when reading today&#8217;s Lexus Granito share price action. This is likely to remain a talking point for the Lexus Granito share price in coming sessions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_on_Lexus_Granito_Share_Price\"><\/span><strong>Key Risks to Watch on Lexus Granito Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company&#8217;s very high debt to equity ratio and negative return on equity are significant red flags that investors should weigh heavily against any short term price strength, since highly leveraged small cap manufacturers can face acute financial stress if revenue trends do not improve. Given the absence of any confirmed positive corporate development behind today&#8217;s move, this rally should be treated as speculative rather than a signal of improving fundamentals. This factor will continue to influence the Lexus Granito share price over the next few quarters.<\/p>\n<p><em>Quick take: Lexus Granito share price strength today stands in sharp contrast to the company&#8217;s weak balance sheet and declining revenue trend, a gap investors should not overlook.<\/em><\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Lexus Granito&#8217;s live price and corporate updates.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lexus Granito share price hit its upper circuit on sharp buying interest, without any specific corporate news identified as the trigger, even as the company continues to carry a very high debt load and declining revenue. Investors should treat today&#8217;s rally with particular caution given these weak underlying fundamentals, focusing on any future deleveraging or revenue stabilisation as the more meaningful signals for this stock&#8217;s longer term prospects. This article is for educational purposes and is not investment advice; consult a SEBI-registered investment adviser before making any investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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 Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Lexus_Granito_Share_Price\"><\/span><strong>FAQs on Lexus Granito Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Why_did_Lexus_Granito_share_price_hit_its_upper_circuit_today\"><\/span><strong>1. Why did Lexus Granito share price hit its upper circuit today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock jumped nearly 10 percent on sharp buying interest, though no specific corporate announcement has been identified as the trigger for today&#8217;s move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_What_does_Lexus_Granito_manufacture\"><\/span><strong>2. What does Lexus Granito manufacture?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lexus Granito (India) manufactures and markets vitrified ceramic tiles and wall tiles for domestic and international markets from its facility in Morbi, Gujarat.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_What_is_Lexus_Granitos_debt_to_equity_ratio\"><\/span><strong>3. What is Lexus Granito&#8217;s debt to equity ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company carries a high debt to equity ratio of roughly 939 percent, a significant risk factor for investors to consider.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_is_the_52_week_range_of_Lexus_Granito_shares\"><\/span><strong>4. What is the 52 week range of Lexus Granito shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock has a 52 week high of Rs 39.25 and a 52 week low of Rs 16.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_has_Lexus_Granitos_revenue_trended_recently\"><\/span><strong>5. How has Lexus Granito&#8217;s revenue trended recently?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company has reported revenue de-growth of around 36 percent on a trailing basis, reflecting weak underlying business momentum.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Is_todays_rally_backed_by_any_confirmed_positive_news\"><\/span><strong>6. Is today&#8217;s rally backed by any confirmed positive news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, no specific corporate announcement has surfaced to explain the move, which appears consistent with broader speculative activity across small cap stocks in the session.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did Lexus Granito share price hit its upper circuit today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock jumped nearly 10 percent on sharp buying interest, though no specific corporate announcement has been identified as the trigger for today's move.\"}},{\"@type\":\"Question\",\"name\":\"What does Lexus Granito manufacture?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lexus Granito (India) manufactures and markets vitrified ceramic tiles and wall tiles for 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