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Purple Wave Infocom Ltd. Hits Upper Circuit on BSE, 27 October 2026

27 Oct 2026 • 3:23 pm

Purple Wave Infocom Ltd. Hits Upper Circuit on BSE, 27 October 2026

Anyone hoping to trade it today will find a lopsided book behind the Purple Wave Infocom upper circuit. Purple Wave Infocom Ltd. (PURPLEWAVE) was locked at Rs 389.2 on BSE on 27 October 2026, up 4.99% from the previous close of Rs 370.7, after starting the day well below that mark. The market cap stood at Rs 342.75 crore.

Buying interest met the exchange-defined price band, and the stock remained at that limit when this was written.

Key Takeaways

  • Purple Wave Infocom Ltd. (PURPLEWAVE) hit the upper circuit on BSE at Rs 389.2 on 27 October 2026.
  • The session move was +4.99% against a previous close of Rs 370.7.
  • Market capitalisation stood at Rs 342.75 crore with a PE ratio of 25.53.
  • 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 Purple Wave Infocom Ltd.
Current Price / LTP Rs 389.2
Day Move 4.99%
Previous Close Rs 370.7
Day Open Rs 352.2
Day High Rs 389.2
Day Low Rs 352.2
Upper Circuit Price Rs 389.2
Upper Circuit Limit Rs 389.2
Market Cap Rs 342.75 crore
Selected Exchange BSE
PE Ratio 25.53

All figures above are as of 27 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

The session began at Rs 352.2 on BSE, under the previous close of Rs 370.7, and that opening print also marked the low of the day. From there the stock climbed all the way to Rs 389.2, the upper circuit price for the session.

Compared with the previous close, the change was Rs 18.5, or 4.99%. The numbers are drawn from BSE only, as price bands, day ranges and previous-close values can differ between exchanges. The band limit of Rs 389.2 is the level the climb ended at.

Why Purple Wave Infocom Ltd. Hit Upper Circuit

Buyers lifted Purple Wave Infocom Ltd. from a weak open to the top of its exchange-defined price band, and the upper circuit was the result. As this was written, no official company announcement or verified outside catalyst had been confirmed, so price action and market sentiment are the sound way to read the move.

With no verified trigger on record, the article does not put the gain down to earnings, a corporate action, consumer durables sector news or market rumours. If a confirmed announcement turns up, it would be added as a separate update.

What the Purple Wave Infocom Upper Circuit Means

An upper circuit is the highest price the exchange band lets a stock reach in one session. For Purple Wave Infocom Ltd., that limit was recorded at Rs 389.2 on 27 October 2026.

The band exists to dampen extreme swings and keep trading orderly. It is a feature of market structure and not a statement about future returns. In this case it tells the reader how far the session travelled and where it was held.

Purple Wave Infocom Ltd. Fundamentals and Valuation

Reported figures add context to the price move. Purple Wave Infocom Ltd. had a PE ratio of 25.53 and a PB ratio of 5.95, with book value of Rs 62.27 per share, EPS of 14.52 and a market cap of Rs 342.75 crore. These are reference indicators, not a buy, sell or hold view.

A PB ratio of 5.95 shows the market priced the shares at a large multiple of reported book value. Gaps of that size can reflect growth hopes or asset quality, or can simply come with a smaller counter.

For readers watching upper circuit moves, such numbers help separate the day's price event from the wider financial profile. A big one-day move gets attention, but valuation and return ratios need their own review.

Peer and Sector Context

Purple Wave Infocom Ltd. belongs to the Consumer Durables – Electronics industry within the Consumer Durables 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
IKIO Lighting Ltd. Rs 1266.63 crore 27.24 2.09 7.23%
Wonder Electricals Ltd. Rs 932.83 crore 77.88 10.07 10.61%
Mirc Electronics Ltd. Rs 921.6 crore - 4.14 -41.32%
Arham Technologies Ltd. Rs 413.34 crore 33.87 4.36 19.38%
Elin Electronics Ltd. Rs 361.58 crore - 0.68 4.14%

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.

Purple Wave Infocom Ltd.'s PE ratio was 25.53, compared with an available peer PE average of 46.33, calculated from the 3 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Want to know more? Log in to Univest for more stock insights.

Technical Snapshot

The technical snapshot adds context: RSI was 54.36, the 50-day moving average was 392.32 and the 200-day moving average was 250.46.

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

What is confirmed is simple: Purple Wave Infocom Ltd. reached the upper circuit on BSE at Rs 389.2 on 27 October 2026, a 4.99% day move.

Execution is the hurdle after a session like this. Buyers wait at the band, sellers step aside, and the quoted price may differ from one at which an order is filled. No official catalyst had been confirmed at the time of writing, either.

Take upper circuit sessions as market updates rather than finished conclusions. Strong interest at the band is visible, but a fuller view should cover business fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Purple Wave Infocom Ltd. hit upper circuit on 27 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 PURPLEWAVE share price on 27 October 2026?

The last traded price used in this article was Rs 389.2 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for PURPLEWAVE?

The upper circuit price was Rs 389.2. The stated exchange upper circuit limit was Rs 389.2. The event numbers in this article are aligned to BSE.

What is Purple Wave Infocom Ltd.'s market cap and PE ratio?

Purple Wave Infocom Ltd.'s market cap was Rs 342.75 crore. PE ratio was 25.53.

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 27 October 2026.

Does hitting an upper circuit mean Purple Wave Infocom 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 Purple Wave Infocom 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 Purple Wave Infocom Ltd. the stated limit was Rs 389.2. For this session, Purple Wave Infocom Ltd. moved 4.99%.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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