Deep Polymers Ltd. Hits Lower Circuit on NSE, 24 September 2026

On 24 September 2026, Deep Polymers Ltd. (DEEP) hit the lower circuit on NSE at Rs 43.8, a 4.99% negative move from the previous close of Rs 46.1. The company's market cap stood at Rs 110.26 crore. The lower circuit price for the session was Rs 43.8.

The move was driven by selling pressure against 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

• Deep Polymers Ltd. (DEEP) hit the lower circuit on NSE at Rs 43.8 on 24 September 2026.
• The session move was -4.99% against a previous close of Rs 46.1.
• Market capitalisation stood at Rs 110.26 crore with a PE ratio of 16.27.
• 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	Deep Polymers Ltd.
Current Price / LTP	Rs 43.8
Day Move	-4.99%
Previous Close	Rs 46.1
Day Open	Rs 46
Day High	Rs 46
Day Low	Rs 43.8
Lower Circuit Price	Rs 43.8
Lower Circuit Limit	Rs 43.8
Market Cap	Rs 110.26 crore
Selected Exchange	NSE
PE Ratio	16.27

All figures above are as of 24 September 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

Deep Polymers Ltd. opened at Rs 46 on NSE, compared with a previous close of Rs 46.1. During the session, the stock traded between Rs 43.8 and Rs 46 before touching the lower circuit price of Rs 43.8.

The absolute day change was Rs 2.3, while the percentage move was -4.99%. 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 NSE consistently for the event table and narrative. The stated lower circuit limit for the session was Rs 43.8, which is the level the price reached.

Why Deep Polymers Ltd. Hit Lower Circuit

Deep Polymers Ltd. hit the lower circuit after selling pressure pushed the stock to its exchange-defined price band. No official company announcement or verified external catalyst was confirmed at the time of writing, so the move should be read primarily through price action and market sentiment.

Because no verified catalyst was available, this article does not attribute the move to earnings, corporate action, sector news, or market rumours. If a confirmed announcement becomes available later, it should be added as a separate update.

Within the session the stock reached the lower circuit level of Rs 43.8.

What the 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 Deep Polymers Ltd., the captured lower circuit price was Rs 43.8 on 24 September 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.

Deep Polymers Ltd. Fundamentals and Valuation

Available market data gives a fuller picture than price action alone. For Deep Polymers Ltd., PE ratio was 16.27, PB ratio was 1.03, book value was Rs 44.24, EPS was 2.8, ROE was 5.92%, ROCE was 8.04%, dividend yield was 0% and debt-to-assets ratio was 0.37, on a market cap of Rs 110.26 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.

A PB ratio above 1 means the market price was above the 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

Deep Polymers 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
Bhansali Engineering Polymers Ltd.	Rs 3242.63 crore	16.24	2.83	-
Nocil Ltd.	Rs 3226.92 crore	52.22	1.93	-
JUBILANT AGRI N CON PRO L	Rs 3192.25 crore	25.84	6.79	-
Chemplast Sanmar Ltd.	Rs 3144.8 crore	-	-11.45	-
Rossari Biotech Ltd.	Rs 2449.53 crore	16.69	1.85	-

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.

Several of these peers are far larger by market capitalisation than Deep Polymers Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Deep Polymers Ltd.'s PE ratio was 16.27, compared with an available peer/sector PE average of 56.32, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Technical and Ownership Snapshot

The technical snapshot adds context: RSI was 66.08, the 50-day moving average was 39.49 and the 200-day moving average was 37.15.

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.

Shareholding details were not available in the latest market dataset, so no conclusion is drawn about promoter, institutional, or public-shareholder activity.

What Readers Should Know

The main confirmed fact is that Deep Polymers Ltd. hit the lower circuit on NSE at Rs 43.8 on 24 September 2026, with a 4.99% 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. The other limitation is that no official catalyst was confirmed at the time of writing.

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 Deep Polymers Ltd. hit lower circuit on 24 September 2026?

The stock reached its lower price band after selling pressure during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.

What was DEEP share price on 24 September 2026?

The last traded price used in this article was Rs 43.8 on NSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for DEEP?

The lower circuit price was Rs 43.8. The stated exchange lower circuit limit was Rs 43.8. The event numbers in this article are aligned to NSE.

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

Deep Polymers Ltd.'s market cap was Rs 110.26 crore. PE ratio was 16.27.

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 24 September 2026.

Does hitting a lower circuit mean Deep Polymers 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 Deep Polymers 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 Deep Polymers Ltd. the stated limit was Rs 43.8. For this session, Deep Polymers Ltd. moved 4.99%.

Footer Disclosure