Pashupati Cotspin Share Price Hits 10% Lower Circuit Ahead of Q2 Results After a Sharp Monthly Rally: What Lies Ahead?

The Pashupati Cotspin share price hit a lower circuit on Wednesday, ending a long run of daily gains in a single session. The stock first touched a 52-week high of Rs 155.40 and then locked at its 10% lower circuit limit of Rs 133.90, ahead of Q2 FY27 results. This guide explains what happened, what is due next and the risks of trading a stock after a sharp rally.

Prices are exchange data as of 12:02 PM IST on 4 November 2026. We found no company announcement that explains the fall, so the reasons below are market explanations, not confirmed causes. The 70% monthly rally in the headline is not independently verified; the price history we can verify is shown below. This is not a recommendation.

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Pashupati Cotspin Share Price: What Happened on 4 November 2026

Price data (BSE)	Value
Previous close	Rs 148.75
Day open	Rs 152.50
Day high (52-week high)	Rs 155.40
Day low and last price	Rs 133.90 (-9.98%) (as of 12:02 PM IST on 4 November 2026)
Volume	About 10.7 lakh shares on BSE, about 74 lakh on NSE

The Pashupati Cotspin share price opened higher, set its 52-week high within minutes and then reversed sharply into the lower circuit. The lower circuit band for the stock is 10%, which means no trade can happen below Rs 133.90 today. At that price, the market capitalisation is roughly Rs 2,110 crore, based on about 15.78 crore shares.

A second lower circuit in the next session is a risk to monitor. Data providers note that before today the Pashupati Cotspin share price had gained for about 15 sessions in a row and was trading above its 5-day, 20-day, 50-day, 100-day and 200-day moving averages. A reversal after such a run is usually driven by short-term selling, not by a change in business, which fits the profit booking explanation.

The Rally Before the Fall

Date	Price	Note
10 Sep 2026	Rs 81.00	Level logged in our Q2 preview
3 Nov 2026	Rs 148.72 (NSE close)	Previous close
4 Nov 2026	Rs 155.49 (NSE high)	New 52-week high
4 Nov 2026	Rs 133.85 (NSE low)	Lower circuit

From Rs 81 in early September to Rs 148.72, the Pashupati Cotspin share price nearly doubled in under two months, a bigger move than the 70% monthly rally in the headline. Even after today's fall, the Pashupati Cotspin share price is still well above its September level, so recent buyers are still in profit while those who bought near Rs 155 are not.

Q2 FY27 Results and Interim Dividend: What Is Due

According to the news report behind the headline, the board will meet to consider the Q2 FY27 results and an interim dividend. We could not confirm the exact meeting date from exchange filings, and 14 November 2026 is the statutory deadline for September-quarter results, so the numbers can be expected by then.

Quarter	Revenue (consolidated)	Net profit
Q2 FY26 (Sep 2025)	About Rs 240 crore	Rs 4.05 crore
Q3 FY26 (Dec 2025)	About Rs 159 crore	About Rs 2.7 crore
Q4 FY26 (Mar 2026)	Rs 170.27 crore	Rs 1.72 crore
Q1 FY27 (Jun 2026)	Rs 130.01 crore	Rs 7.25 crore
Q2 FY27 (Sep 2026)	Due	Due

The Q2 FY27 results will be compared with a base of about Rs 240 crore of revenue and Rs 4.05 crore of profit. Q1 FY27 profit rose about 260% year-on-year, which helped drive the rally, so the market will look for the margin recovery to continue. The previous Q4 showed how quickly profit can fall: it dropped about 77% even though revenue grew.

On the interim dividend, the Pashupati Cotspin share price has little dividend support, because past payouts have been small. The final dividend for FY26 was Rs 0.05 per share, with an ex-date of 23 September 2026, which is a yield of well under 0.1% at current prices. Investors should not expect a dividend to offset a sharp price fall.

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The 3:2 Bonus Issue and Capital Plan

Detail	Status
Bonus ratio	3 new shares for every 2 held
Reserves capitalised	Up to Rs 23.68 crore
Paid-up capital	Rs 15.78 crore, rising to up to Rs 39.46 crore
Authorised capital	Raised from Rs 16 crore to Rs 40 crore (proposed)
Shareholder approval	Postal ballot e-voting from 8 October to 6 November 2026
Record date	Not yet announced

The board recommended the 3:2 bonus issue on 3 October 2026, subject to the postal ballot. A bonus issue does not create value for investors and does not stop the Pashupati Cotspin share price from adjusting: the share count rises and the price adjusts on the record date. It follows a 10-for-1 stock split in April 2026 that cut the face value from Rs 10 to Re 1.

Business Snapshot

Pashupati Cotspin is a cotton ginning and spinning company that makes cotton yarn and related products. Investors tracking the Pashupati Cotspin share price should know that cotton yarn margins swing with raw material costs. FY26 consolidated revenue was Rs 687.81 crore and net profit Rs 10.42 crore. Margins depend on the gap between cotton prices and yarn prices, which makes quarterly profit uneven. Craft Emerging Market Fund PCC held a 6.42% stake as per July 2026 disclosures.

What Lies Ahead: What to Watch

Watch-point	Why it matters
Q2 FY27 margins	Shows whether the Q1 recovery is lasting
Interim dividend amount	Signals the board's cash view
Postal ballot result and record date	Decide when bonus shares arrive
Next session's circuit	A second lock would show heavy supply
Cotton prices	Drive profit more than sales growth

Key Risks to Watch

Risk	Why it matters
Result risk	A weak Q2 after such a run can trigger more selling
Circuit lock	Sellers may be unable to exit at the price they want
Small size	A market cap near Rs 2,100 crore means large swings
Margin swings	Cotton cost moves can erase profit quickly
Bonus adjustment	Price will be cut after the record date, but value is unchanged

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Conclusion

The Pashupati Cotspin share price fall to the lower circuit shows how fast a crowded rally can reverse before a result. For the Pashupati Cotspin share price, the next checkpoints are Q2 FY27 profit, the interim dividend and the bonus record date. Investors should judge the stock on earnings and liquidity, not on the size of the recent rise.

Frequently Asked Questions on Pashupati Cotspin Share Price

Why did the Pashupati Cotspin share price hit the lower circuit?

Ans. The stock locked at its 10% lower circuit of Rs 133.90 on 4 November 2026 after touching a 52-week high of Rs 155.40. We found no company announcement behind the fall, so the likely reasons are profit booking after a sharp rally and caution ahead of Q2 FY27 results.

What is the lower circuit limit for Pashupati Cotspin?

Ans. The stock has a 10% price band. With a previous close of about Rs 148.75 on BSE, the lower limit for the day was Rs 133.90. Exchanges can revise the band, so check the current limit on NSE or BSE before placing orders.

When are the Pashupati Cotspin Q2 results?

Ans. The report behind the headline says the board will meet to consider Q2 FY27 results and an interim dividend, but we could not confirm the exact date. The statutory deadline for September-quarter results is 14 November 2026. Check NSE and BSE announcements for the final date.

What did Pashupati Cotspin earn in Q1 FY27?

Ans. Consolidated revenue was about Rs 130 crore and net profit about Rs 7.25 crore, roughly 260% higher than the same quarter a year earlier. Standalone figures were slightly lower at Rs 122 crore of revenue and Rs 7.2 crore of profit.

What is the Pashupati Cotspin bonus issue?

Ans. The board recommended a 3:2 bonus issue, meaning three new shares for every two held, by capitalising up to Rs 23.68 crore of reserves. It needs shareholder approval through a postal ballot that runs until 6 November 2026, and the record date has not been announced.

Does a bonus issue make the share more affordable to buy?

Ans. The price per share falls on the record date, but the value of your holding does not change because you receive more shares. A bonus issue improves liquidity and affordability, not the company's earnings, so it should not be treated as a reason to buy by itself.

How much dividend does Pashupati Cotspin pay?

Ans. The final dividend for FY26 was Rs 0.05 per share, with an ex-date of 23 September 2026. That is a yield of well under 0.1% at today's price. Any interim dividend amount depends on the board's decision and has not been confirmed.

Should I buy Pashupati Cotspin after the lower circuit?

Ans. This article cannot give a personal recommendation. The stock rose sharply before the fall, Q2 results are pending and a circuit lock can trap sellers. Review the numbers, your risk tolerance and diversification, and consult a SEBI-registered advisor before deciding.