Birla Cable Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

For existing holders of Birla Cable Ltd., 28 October 2026 brought a gain of 5%, with the stock hitting the upper circuit on BSE at Rs 326.6 against the previous close of Rs 311.05. New buyers face a different picture at the band.

The Birla Cable upper circuit streak has reached 2 straight sessions, and the market cap came to Rs 933.15 crore, with the price locked at the ceiling at the time of writing.

Key Takeaways

• Birla Cable Ltd. (BIRLACABLE) hit the upper circuit on BSE at Rs 326.6 on 28 October 2026.
• The session move was +5% against a previous close of Rs 311.05.
• Market capitalisation stood at Rs 933.15 crore with a PE ratio of 20.18.
• This is the 2nd straight session at the upper 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	Birla Cable Ltd.
Current Price / LTP	Rs 326.6
Day Move	5%
Previous Close	Rs 311.05
Day Open	Rs 319
Day High	Rs 326.6
Day Low	Rs 312.5
Upper Circuit Price	Rs 326.6
Upper Circuit Limit	Rs 326.6
Market Cap	Rs 933.15 crore
Selected Exchange	BSE
PE Ratio	20.18

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

Birla Cable Ltd. opened at Rs 319 on BSE, above the previous close of Rs 311.05, and traded between a low of Rs 312.5 and a high of Rs 326.6, which is also the band price. The change on the day was Rs 15.55, a 5% move.

BSE is the only venue used for these figures, so the numbers can be read against each other. Day range, band limits and previous-close values may differ on another exchange, which is why the event table follows the same single-exchange approach as this text.

The Birla Cable Upper Circuit Streak So Far

This is session 2 of an unbroken run for Birla Cable Ltd. The streak began on 27 October 2026, from a base price of Rs 296.25. Across the run the stock has moved 10.24% in total.

A repeated upper 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 Birla Cable Ltd. Hit Upper Circuit

Buying interest carried Birla Cable Ltd. to the top of its exchange price band, and the upper circuit then held it there. No official company announcement or verified external catalyst had been confirmed when this was written, which leaves price action and sentiment as the fair description of the move.

Earnings, corporate action, sector news and market rumours are left out as explanations for that reason. Any confirmed announcement that emerges later would be added as its own update.

The stock got to Rs 326.6 during the session, which is the upper circuit level.

What the Birla Cable Upper Circuit Means

For a holder, an upper circuit shows the price rising to the highest level the exchange band allows in a session, which for Birla Cable Ltd. was Rs 326.6 on 28 October 2026. For someone looking to buy, the same band caps how far the quote can move and says little about where it goes next.

Bands exist to keep trading orderly during sharp moves, and this one describes the session without forecasting any return.

Birla Cable Ltd. Fundamentals and Valuation

Reported data adds context beyond the price jump. Birla Cable Ltd. has a PE ratio of 20.18, a PB ratio of 2.99, book value of Rs 103.87 and EPS of 15.41, on a market cap of Rs 933.15 crore. These are reported indicators, not a buy, sell or hold view.

A PB ratio of 2.99 means the market valued the company above its book value per share. A premium like that can reflect growth expectations, asset quality, or limited liquidity in a smaller stock, and the data alone cannot say which. The business sits in the electricals sector, in cables.

Holders and prospective buyers alike still need to review valuation and return ratios on their own, since a sharp one-day move shows attention rather than business quality.

Peer and Sector Context

Birla Cable Ltd. belongs to the Cable industry within the Electricals 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
Laser Power & Infra Ltd.	Rs 2987.74 crore	19.71	2.32	23.32%
Paramount Communications Ltd.	Rs 2151.93 crore	29.91	2.34	8.01%
Advait Infratech Ltd.	Rs 1819.63 crore	31	6.19	24.45%
Dynamic Cables Ltd.	Rs 1640.32 crore	17.51	3.4	20.32%
QUADRANT FUTURE TEK LTD	Rs 1635.4 crore	-	6.78	-15.79%

A dash in the PE column means no PE ratio was carried for that company in the source data, which happens when reported earnings are negative or have not been refreshed. Those companies are left out of the average below rather than counted as zero.

Birla Cable Ltd.'s PE ratio was 20.18, compared with an available peer PE average of 24.53, calculated from the 4 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 37.24, the 50-day moving average was 360.82 and the 200-day moving average was 246.67.

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

Birla Cable Ltd. touched the upper circuit on BSE at Rs 326.6 on 28 October 2026, a 5% gain on the day, and that is the extent of what is confirmed.

Holders and new buyers face different limits. A holder sees a gain on the screen, though a quoted price at the band is not the same as a completed sale. A buyer at the band joins a queue, so the quoted price may not be available to trade. No official catalyst was confirmed at the time of writing either.

It is best treated as a market update. Strong near-term interest is what a locked band shows, while business fundamentals, valuation, liquidity, risk and confirmed company disclosures are reviewed separately.

Frequently Asked Questions

Why did Birla Cable 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.

How many sessions has Birla Cable Ltd. hit upper 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 BIRLACABLE share price on 28 October 2026?

The last traded price used in this article was Rs 326.6 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for BIRLACABLE?

The upper circuit price was Rs 326.6. The stated exchange upper circuit limit was Rs 326.6. The event numbers in this article are aligned to BSE.

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

Birla Cable Ltd.'s market cap was Rs 933.15 crore. PE ratio was 20.18.

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 an upper circuit mean Birla Cable 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 Birla Cable 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 Birla Cable Ltd. the stated limit was Rs 326.6. For this session, Birla Cable Ltd. moved 5%.