Rajath Finance Ltd. Hits Lower Circuit for the 2nd Straight Session on BSE, 28 October 2026

Existing holders of Rajath Finance Ltd. (FYNX) have now seen the shares at the floor for a second day, and a buyer stepping in today would be entering a name that sellers have not let go. The Rajath Finance lower circuit streak has reached 2 straight sessions, with the stock at Rs 5.69 on BSE, 4.85% below the previous close of Rs 5.98.

The market cap stands at Rs 119.6 crore, and the lock at the band is what short-term participants are tracking.

Key Takeaways

• Rajath Finance Ltd. hit the lower circuit on BSE at Rs 5.69 on 28 October 2026.
• The session move was -4.85% against a previous close of Rs 5.98.
• Market capitalisation stood at Rs 119.6 crore.
• This is the 2nd straight session at the lower 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	Rajath Finance Ltd.
Current Price / LTP	Rs 5.69
Day Move	-4.85%
Previous Close	Rs 5.98
Day Open	Rs 6.27
Day High	Rs 6.27
Day Low	Rs 5.69
Lower Circuit Price	Rs 5.69
Lower Circuit Limit	Rs 5.69
Market Cap	Rs 119.6 crore
Selected Exchange	BSE

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

This session began higher. The stock opened at Rs 6.27, which also marked the day's high, and that was above the previous close of Rs 5.98. Sellers then dragged the price down through the day until it met the floor at Rs 5.69.

The net fall from the previous close was Rs 0.29, a move of 4.85%. The numbers come from BSE only, so the open, the range and the reference close share one source and can be compared directly.

Because bands and reference closes can differ from exchange to exchange, the table and this narrative do not mix venues. The lower limit that applied was Rs 5.69.

The Rajath Finance Lower Circuit Streak So Far

This is session 2 of an unbroken run for Rajath Finance Ltd. The streak began on 27 October 2026, from a base price of Rs 5.7. Across the run the stock has moved -0.18% in total.

A repeated lower 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 Rajath Finance Ltd. Hit Lower Circuit

Selling pressure took Rajath Finance Ltd. down to its exchange-defined price band, and the record stops there. No company announcement and no verified outside catalyst had been confirmed at the time of writing, so the move is better understood as price action and sentiment.

In the absence of a confirmed trigger, the fall is not put down to results, corporate action, sector news or market talk. A verified disclosure, if one emerges, would be covered in a separate update.

The stock fell as far as Rs 5.69 in the session.

What the Rajath Finance Lower Circuit Means

The lower circuit is the lowest price at which an exchange allows a stock to trade during one session. For Rajath Finance Ltd., that level was Rs 5.69 on 28 October 2026.

Limits like this exist to curb abrupt moves and keep trading orderly. They describe market structure and make no prediction about returns. Here, the circuit records what happened in the session and the level where the band was reached.

Rajath Finance Ltd. Fundamentals and Valuation

Market data gives context that the price move cannot. Rajath Finance Ltd. showed a PB ratio of 10.12, a book value of Rs 0.59 per share and EPS of -0.31, against a market cap of Rs 119.6 crore. These are descriptive figures and not a buy, sell or hold view.

A PB ratio of 10.12 means the market was valuing the company at roughly ten times its reported book value per share. A premium of that size can reflect growth hopes, asset quality, or thin trading in a small counter.

The company also reported a negative return on equity, meaning a loss against shareholder funds in that period. That is worth weighing against any single session, whichever way the price moves.

With EPS below zero, an earnings multiple gives no usable reading, so valuation has to be assessed through other measures rather than assumed high or low.

For readers following lower circuit moves, such figures keep the price event apart from the wider financial profile. One sharp session draws attention, but valuation and profitability still need their own review.

Peer and Sector Context

Rajath Finance Ltd. belongs to the Finance – NBFC industry within the Finance 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
Indostar Capital Finance Ltd.	Rs 3105.68 crore	-	0.83	3.68%
Ashika Credit Capital Ltd.	Rs 2657.25 crore	34.39	2.12	5.92%
Mufin Green Finance Ltd.	Rs 2567.7 crore	67.83	4.5	7.01%
Muthoot Microfin Ltd.	Rs 2428.66 crore	9.9	0.83	6.25%
Dhenu Buildcon Infra Ltd.	Rs 2254.84 crore	-	2.68	-0.27%

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 Rajath Finance Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Technical Snapshot

The technical snapshot adds context: RSI was 42.13, the 50-day moving average was 6.18 and the 200-day moving average was 5.48.

What Readers Should Know

The confirmed facts are narrow: Rajath Finance Ltd. was locked at the lower circuit on BSE at Rs 5.69 on 28 October 2026, a day move of 4.85%.

For holders the hurdle is execution: with sellers stacked at the band and few buyers, selling at the quoted price may not be achievable. For new buyers the caution is that no official catalyst had been confirmed when this was written.

The event is a market update and not a verdict on the business. It shows heavy selling at present, and any further review should weigh business fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Rajath Finance Ltd. hit lower circuit on 28 October 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.

How many sessions has Rajath Finance Ltd. hit lower 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 Rajath Finance Ltd. share price on 28 October 2026?

The last traded price used in this article was Rs 5.69 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for Rajath Finance Ltd.?

The lower circuit price was Rs 5.69. The stated exchange lower circuit limit was Rs 5.69. The event numbers in this article are aligned to BSE.

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

Rajath Finance Ltd.'s market cap was Rs 119.6 crore. A PE ratio was not available, which usually points to negative or unrefreshed earnings data.

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 a lower circuit mean Rajath Finance 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 Rajath Finance 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 Rajath Finance Ltd. the stated limit was Rs 5.69. For this session, Rajath Finance Ltd. moved -4.85%.