ABC Gas (International) Ltd. Hits Upper Circuit on NSE, 28 October 2026

Price bands work off the previous close, and for ABC Gas (International) Ltd. (ONIXSOLAR) that reference of Rs 293 put the ceiling at Rs 307.65, a 5% rise. The ABC Gas (International) upper circuit was hit on NSE on 28 October 2026, and the stock was held at that level as this was written.

Its market cap works out to Rs 1086.31 crore, as of the session. For short-term traders, a stock pinned at its band is a session worth noting.

Key Takeaways

• ABC Gas (International) Ltd. hit the upper circuit on NSE at Rs 307.65 on 28 October 2026.
• The session move was +5% against a previous close of Rs 293.
• Market capitalisation stood at Rs 1086.31 crore with a PE ratio of 34.51.
• 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	ABC Gas (International) Ltd.
Current Price / LTP	Rs 307.65
Day Move	5%
Previous Close	Rs 293
Day Open	Rs 298.9
Day High	Rs 307.65
Day Low	Rs 296.25
Upper Circuit Price	Rs 307.65
Upper Circuit Limit	Rs 307.65
Market Cap	Rs 1086.31 crore
Selected Exchange	NSE
PE Ratio	34.51

All figures above are as of 28 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

ABC Gas (International) Ltd. opened at Rs 298.9 on NSE, above the previous close of Rs 293, and dipped to a low of Rs 296.25 before buyers took it up to Rs 307.65, the band limit for the day.

The gain on the day was Rs 14.65, or 5%. Every figure here is from NSE alone, since band levels, day ranges and previous-close values can differ on another exchange, and a single venue keeps the comparison clean.

Rs 307.65 was both the day's high and the ceiling for the session. It stayed above the previous close for the whole session.

Why ABC Gas (International) Ltd. Hit Upper Circuit

No official company announcement or verified external catalyst had been confirmed for ABC Gas (International) Ltd. at the time of writing. Buying interest lifted the stock to the exchange-defined price band, so price action and market sentiment are the only lens this note applies.

For that reason the rise is not tied to earnings, a corporate action, sector news or rumours. If a confirmed announcement emerges later, it would be covered in a separate update.

The stock reached Rs 307.65 within the session.

What the ABC Gas (International) Upper Circuit Means

The band marks the highest price an exchange allows a stock to trade at in one session, and the upper circuit is the point where the stock meets it. For ABC Gas (International) Ltd. that point was Rs 307.65 on 28 October 2026.

Limits like this exist to slow extreme moves and keep trading orderly. They are part of market structure and imply nothing about returns. Here the circuit just records where the session went and where the band stopped it.

ABC Gas (International) Ltd. Fundamentals and Valuation

Market data adds detail beyond the price move and helps frame what the session means for the business. ABC Gas (International) Ltd. has a PE ratio of 34.51 and a PB ratio of 1.27, with book value of Rs 232.47 and EPS of 8.54, on a market cap of Rs 1086.31 crore. These are reference indicators and not a buy, sell or hold view.

A PB ratio of 1.27 means the stock was valued a little above its book value per share. Such a premium may reflect growth hopes, asset quality, or limited trading in a smaller counter.

Whoever follows circuit sessions should keep the price event separate from the financial profile, because one sharp day draws attention while valuation and returns need their own review. None of these figures says anything about how the next session will go.

Peer and Sector Context

ABC Gas (International) Ltd. belongs to the Metal – Non Ferrous industry within the Non – Ferrous Metals 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
Sunlite Recycling Industries Ltd.	Rs 833.46 crore	20.33	5.16	25.37%
ANB Metal Cast Ltd.	Rs 417.77 crore	19.47	4.25	32.44%
Nile Ltd.	Rs 407.49 crore	8.4	1.26	19%
Shera Energy Ltd.	Rs 398.48 crore	10.78	1.93	21.3%
PARMESHWAR METAL LIMITED	Rs 393.36 crore	12.11	5.56	37.6%

ABC Gas (International) Ltd.'s PE ratio was 34.51, compared with an available peer PE average of 14.22, 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 55.37, the 50-day moving average was 345.33 and the 200-day moving average was 528.24.

Worth flagging: 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 one settled fact is that ABC Gas (International) Ltd. reached the upper circuit on NSE at Rs 307.65 on 28 October 2026, a 5% day move.

Getting an order filled is the practical difficulty once a stock sits at its band: buyers queue, sellers hold off, and the displayed price may not be one that can be transacted at. No official catalyst had been confirmed when this was written, either.

Events like this are market updates rather than investment conclusions. The band shows strong near-term interest, but further study should look at business fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did ABC Gas (International) Ltd. hit upper circuit on 28 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 ABC Gas (International) Ltd. share price on 28 October 2026?

The last traded price used in this article was Rs 307.65 on NSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for ABC Gas (International) Ltd.?

The upper circuit price was Rs 307.65. The stated exchange upper circuit limit was Rs 307.65. The event numbers in this article are aligned to NSE.

What is ABC Gas (International) Ltd.'s market cap and PE ratio?

ABC Gas (International) Ltd.'s market cap was Rs 1086.31 crore. PE ratio was 34.51.

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 28 October 2026.

Does hitting an upper circuit mean ABC Gas (International) 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 ABC Gas (International) 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 ABC Gas (International) Ltd. the stated limit was Rs 307.65. For this session, ABC Gas (International) Ltd. moved 5%.