RECODE STUDIOS LIMITED Hits Lower Circuit on BSE, 28 October 2026

Anyone already holding the stock saw it start the day near the floor, and new buyers met the same picture: the RECODE STUDIOS lower circuit on 28 October 2026 was in place almost from the open. RECODE STUDIOS LIMITED (RECODE) traded at Rs 384.75 on BSE, 5% below the previous close of Rs 405, on a market cap of Rs 431.1 crore.

Selling pressure met the exchange price band, and the stock was locked at that level at the time of writing, a setup that short-term participants tend to track closely.

Key Takeaways

• RECODE STUDIOS LIMITED (RECODE) hit the lower circuit on BSE at Rs 384.75 on 28 October 2026.
• The session move was -5% against a previous close of Rs 405.
• Market capitalisation stood at Rs 431.1 crore with a PE ratio of 38.41.
• 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	RECODE STUDIOS LIMITED
Current Price / LTP	Rs 384.75
Day Move	-5%
Previous Close	Rs 405
Day Open	Rs 385
Day High	Rs 385
Day Low	Rs 384.75
Lower Circuit Price	Rs 384.75
Lower Circuit Limit	Rs 384.75
Market Cap	Rs 431.1 crore
Selected Exchange	BSE
PE Ratio	38.41

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

The session began at Rs 385, already close to the floor and well below the previous close of Rs 405. The whole day's range was a sliver, from Rs 384.75 up to Rs 385, with the lower circuit price of Rs 384.75 marking the low.

The drop from the previous close came to Rs 20.25, or 5%. Figures are drawn from BSE alone, so none of the numbers clash across venues.

Exchanges can differ on bands, ranges and previous-close values, so BSE is used throughout the table and the text. The lower circuit limit for the session stood at Rs 384.75, the level the price reached.

Why RECODE STUDIOS LIMITED Hit Lower Circuit

RECODE STUDIOS LIMITED reached the lower circuit once selling pressure drove the stock into its exchange-defined price band. When this was written, no official company announcement and no verified outside catalyst had been confirmed, which leaves price action and sentiment as the only readable signals.

The article therefore does not link the move to results, a corporate action, sector developments or rumours. A confirmed announcement, if one arrives, would be added as a separate update.

The stock reached the lower circuit level of Rs 384.75 within the session.

What the RECODE STUDIOS Lower Circuit Means

Under an exchange price band, a lower circuit is the floor below which a stock cannot trade in a session. For RECODE STUDIOS LIMITED that floor was Rs 384.75 on 28 October 2026.

Bands exist to blunt extreme price moves and to keep trading in order. The circuit is a fact about market structure and says nothing on future returns; in this article it simply shows what happened and where the band was hit.

RECODE STUDIOS LIMITED Fundamentals and Valuation

The valuation data adds detail beyond the price. RECODE STUDIOS LIMITED carried a PE ratio of 38.41 and a PB ratio of 7.29, with a book value of Rs 55.57 and EPS of 10.55, against a market cap of Rs 431.1 crore. They are reference figures, not a buy, sell or hold view.

A PB ratio of 7.29 puts the market value far above book value per share. Premiums of that kind can come from growth hopes, asset quality or limited trading in a smaller counter.

Holders and prospective buyers watching circuit events can use these numbers to separate the price event from the wider financial profile, though one sharp session should be judged next to valuation and return ratios reviewed on their own.

Peer and Sector Context

RECODE STUDIOS LIMITED belongs to the e-Commerce industry within the Retailing 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
ACEVECTOR LIMITED	Rs 1110.69 crore	-	1.86	0%
ACETECH E-COMMERCE LTD	Rs 214.63 crore	20.88	3.07	24.89%
SAT KARTAR SHOPPING LTD	Rs 211.66 crore	12.38	3.13	28.72%
Macobs Technologies Ltd.	Rs 191.79 crore	66.09	6.19	10.66%
Intrasoft Technologies Ltd.	Rs 173.88 crore	12.67	0.64	5.77%

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.

RECODE STUDIOS LIMITED's PE ratio was 38.41, compared with an available peer PE average of 28.01, 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 61.08 and the 50-day moving average was 427.08.

Worth flagging: the RSI reading sits on the opposite side of neutral to the day move. 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

Only one thing is confirmed: RECODE STUDIOS LIMITED hit the lower circuit on BSE at Rs 384.75 on 28 October 2026, a 5% fall in the day.

Holders looking to sell may struggle to get filled, as the band has sellers lined up and few takers. Prospective buyers are in a different spot, because no official catalyst was confirmed when this was written and the move has no stated trigger.

Treat a circuit hit as a market update, not a final judgement. It points to heavy short-term selling, and anything beyond that depends on business fundamentals, valuation, liquidity, risk and company disclosures.

Frequently Asked Questions

Why did RECODE STUDIOS LIMITED 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.

What was RECODE share price on 28 October 2026?

The last traded price used in this article was Rs 384.75 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for RECODE?

The lower circuit price was Rs 384.75. The stated exchange lower circuit limit was Rs 384.75. The event numbers in this article are aligned to BSE.

What is RECODE STUDIOS LIMITED's market cap and PE ratio?

RECODE STUDIOS LIMITED's market cap was Rs 431.1 crore. PE ratio was 38.41.

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 RECODE STUDIOS LIMITED 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 RECODE STUDIOS LIMITED 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 RECODE STUDIOS LIMITED the stated limit was Rs 384.75. For this session, RECODE STUDIOS LIMITED moved -5%.