Amal Ltd. Hits Lower Circuit on BSE, 16 October 2026

On 16 October 2026, Amal Ltd. (AMAL) hit the lower circuit on BSE at Rs 752.4, a 20% negative move from the previous close of Rs 940.5. The company's market cap stood at Rs 1162.71 crore. The lower circuit price for the session was Rs 752.4.

The Amal lower circuit came as selling pressure met the exchange-defined price band. At the time of writing the stock was locked at its lower circuit level, which makes the session worth noting for short-term market participants.

Key Takeaways

• Amal Ltd. (AMAL) hit the lower circuit on BSE at Rs 752.4 on 16 October 2026.
• The session move was -20% against a previous close of Rs 940.5.
• Market capitalisation stood at Rs 1162.71 crore with a PE ratio of 39.14.
• The most recent reported development, dated 16 October 2026 at 12:47 pm, is covered below.
• A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric	Value
Stock	Amal Ltd.
Current Price / LTP	Rs 752.4
Day Move	-20%
Previous Close	Rs 940.5
Day Open	Rs 950
Day High	Rs 1008
Day Low	Rs 752.4
Lower Circuit Price	Rs 752.4
Lower Circuit Limit	Rs 752.4
Market Cap	Rs 1162.71 crore
Selected Exchange	BSE
PE Ratio	39.14

All figures above are as of 16 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

Amal Ltd. opened at Rs 950 on BSE, compared with a previous close of Rs 940.5. During the session, the stock traded between Rs 752.4 and Rs 1008 before touching the lower circuit price of Rs 752.4.

The absolute day change was Rs 188.1, while the percentage move was -20%. The event figures are kept to a single exchange so the numbers stay comparable.

The selected exchange matters because price bands, day range and previous-close values can differ across exchanges. This article uses BSE consistently for the event table and narrative. The stated lower circuit limit for the session was Rs 752.4, which is the level the price reached.

Why Amal Ltd. Hit Lower Circuit

The most recent development reported for Amal Ltd., dated 16 October 2026 at 12:47 pm, is this: AMAL's second-quarter revenue surged to 1.3 billion rupees, a substantial increase compared to the 540 million rupees reported in the same period last year. This strong year-over-year growth indicates robust performance and potential market share gains for the company. Investors will likely view this as a positive development, suggesting improved sales momentum and a favorable business outlook.

That is the nearest dated development on record ahead of the lower circuit session. Whether it caused the move is not something the price data alone can confirm, so it is reported here as context rather than as an established cause.

Within the session the stock reached the lower circuit level of Rs 752.4.

Recent News for Amal Ltd.

These are the developments reported for Amal Ltd. over the last 24 hours, newest first. They are listed as reported, not ranked by influence on the price.

• 16 October 2026 at 12:47 pm: AMAL's second-quarter revenue surged to 1.3 billion rupees, a substantial increase compared to the 540 million rupees reported in the same period last year. This strong year-over-year growth indicates robust performance and potential market share gains for the company. Investors will likely view this as a positive development, suggesting improved sales momentum and a favorable business outlook.
• 16 October 2026 at 12:47 pm: AMAL announced its second-quarter financial results, posting a consolidated net profit of 62 million rupees. This represents a marginal increase compared to the 61 million rupees reported in the same period last year. The slight year-over-year improvement suggests stable performance for the company.

What the Amal Lower Circuit Means

A lower circuit is the minimum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For Amal Ltd., the captured lower circuit price was Rs 752.4 on 16 October 2026.

The circuit mechanism is meant to slow extreme price movement and keep trading orderly. It is a market-structure fact, not a return forecast. In this article, the lower circuit explains what happened in the session and where the price band was reached.

Amal Ltd. Fundamentals and Valuation

Available market data gives a fuller picture than price action alone. For Amal Ltd., PE ratio was 39.14, PB ratio was 8.48, book value was Rs 110.9, EPS was 24.03, ROE was 20.39%, ROCE was 26.06%, dividend yield was 0.16% and debt-to-assets ratio was 0, on a market cap of Rs 1162.71 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.

At the reported PB ratio of 8.48, the market valued Amal Ltd. above its reported book value per share. That premium can reflect growth expectations, asset quality, or simply thin trading in a smaller counter.

For investors tracking lower circuit moves, these metrics help separate the price event from the broader financial profile. A sharp one-day move can attract attention, but valuation and return ratios still need to be reviewed separately.

Peer and Sector Context

Amal Ltd. belongs to the Chemicals 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
JUBILANT AGRI N CON PRO L	Rs 2840.33 crore	21.88	5.75	33.4%
Nocil Ltd.	Rs 2723.34 crore	41.18	1.52	3.16%
JG Chemicals Ltd.	Rs 2465.39 crore	32.79	4.45	13.82%
Rossari Biotech Ltd.	Rs 2418.51 crore	16.05	1.78	11.88%
Oriental Aromatics Ltd.	Rs 1952.58 crore	367.03	2.93	0.5%

Amal Ltd.'s PE ratio was 39.14, compared with an available peer PE average of 95.79, 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 77.27, the 50-day moving average was 750.22 and the 200-day moving average was 666.38.

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 main confirmed fact is that Amal Ltd. hit the lower circuit on BSE at Rs 752.4 on 16 October 2026, with a -20% day move.

The practical limitation after a lower-circuit session is execution. Sellers queue at the band with few buyers, so exiting at the quoted price may not be possible.

Readers should treat lower circuit events as market updates, not standalone investment conclusions. The price band shows heavy near-term selling pressure, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.

Frequently Asked Questions

Why did Amal Ltd. hit lower circuit on 16 October 2026?

The stock reached its lower price band after selling pressure during the session. The nearest dated development on record, from 16 October 2026 at 12:47 pm, is: AMAL's second-quarter revenue surged to 1.3 billion rupees, a substantial increase compared to the 540 million rupees reported in the same period last year. This strong year-over-year growth indicates robust performance and potential market share gains for the company. Investors will likely view this as a positive development, suggesting improved sales momentum and a favorable business outlook.

What was AMAL share price on 16 October 2026?

The last traded price used in this article was Rs 752.4 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for AMAL?

The lower circuit price was Rs 752.4. The stated exchange lower circuit limit was Rs 752.4. The event numbers in this article are aligned to BSE.

What is Amal Ltd.'s market cap and PE ratio?

Amal Ltd.'s market cap was Rs 1162.71 crore. PE ratio was 39.14.

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 16 October 2026.

Does hitting a lower circuit mean Amal 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 Amal 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 Amal Ltd. the stated limit was Rs 752.4. For this session, Amal Ltd. moved -20%.