Shivam Chemicals Ltd. Hits Lower Circuit for the 2nd Straight Session on BSE, 27 October 2026

Shivam Chemicals Ltd. is classed under the chemicals sector, and a comparison with sector peers is the natural place to start, although this one-stock event does not show how other chemical names traded. On 27 October 2026 the shares were locked at the lower circuit price of Rs 138.1 on BSE, a fall of 4.99% from the previous close of Rs 145.35, leaving a market cap of Rs 246.91 crore.

The Shivam Chemicals lower circuit streak now covers 2 sessions. Short-term participants will note that the stock was still pinned at the band when the data was taken.

Key Takeaways

• Shivam Chemicals Ltd. (SHIVAM) hit the lower circuit on BSE at Rs 138.1 on 27 October 2026.
• The session move was -4.99% against a previous close of Rs 145.35.
• Market capitalisation stood at Rs 246.91 crore with a PE ratio of 39.89.
• This is the 2nd straight session at the lower circuit, with the run starting on 26 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	Shivam Chemicals Ltd.
Current Price / LTP	Rs 138.1
Day Move	-4.99%
Previous Close	Rs 145.35
Day Open	Rs 138.1
Day High	Rs 138.1
Day Low	Rs 138.1
Lower Circuit Price	Rs 138.1
Lower Circuit Limit	Rs 138.1
Market Cap	Rs 246.91 crore
Selected Exchange	BSE
PE Ratio	39.89

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

Shivam Chemicals Ltd. opened at Rs 138.1 on BSE, the same price as its lower circuit, after a previous close of Rs 145.35. The high and the low for the day were also Rs 138.1, so the stock opened at the band and stayed locked there all session, with no trading range at all.

The day change in rupees was Rs 7.25 and the percentage move was -4.99%. All of these numbers are taken from BSE only, since price bands, day ranges and previous-close values may not match between exchanges. The band limit for the session was Rs 138.1, which is exactly where the price sat.

The Shivam Chemicals Lower Circuit Streak So Far

This is session 2 of an unbroken run for Shivam Chemicals Ltd. The streak began on 26 October 2026, from a base price of Rs 153. Across the run the stock has moved -9.74% 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 Shivam Chemicals Ltd. Hit Lower Circuit

Selling pressure drove Shivam Chemicals Ltd. to the limit of its exchange price band, which is how the lower circuit was triggered. No official company statement or verified external trigger was confirmed when this was written, so the fall can only be described through price action and sentiment.

Since no verified catalyst exists, earnings, corporate actions, sector developments and market rumours are not named as reasons. Should a confirmed announcement emerge later, it would be covered in a separate update.

The stock sat at the lower circuit level of Rs 138.1 for the session.

What the Shivam Chemicals Lower Circuit Means

The lower circuit is the lowest price a stock is permitted to trade at in a session, set by the price band the exchange applies. Shivam Chemicals Ltd. had a captured lower circuit price of Rs 138.1 on 27 October 2026.

Bands of this kind are designed to restrain sharp swings and keep order in trading. They describe how the market is structured and do not forecast returns. In this case the circuit records what took place in the session and the level at which the band was hit.

Shivam Chemicals Ltd. Fundamentals and Valuation

The valuation data for Shivam Chemicals Ltd. shows a PE ratio of 39.89, a PB ratio of 5.93, book value of Rs 24.5 and EPS of 3.64, alongside a market cap of Rs 246.91 crore. They are reference figures and not a buy, sell or hold view.

A PB of 5.93 puts the market value well above the reported book value per share. That gap can come from expectations on growth, from asset quality, or from thin trading in a small counter.

Since the company is in the chemicals sector, these ratios only become informative when set beside those of similar listed chemical companies, which this article does not do. One circuit event is no substitute for that comparison. A sharp one-day move draws attention, yet valuation and return ratios need to be reviewed on their own.

Peer and Sector Context

Shivam Chemicals 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
Chemplast Sanmar Ltd.	Rs 3008.83 crore	-	-10.92	-1244.14%
JUBILANT AGRI N CON PRO L	Rs 2912.84 crore	22.43	5.89	33.4%
Bhansali Engineering Polymers Ltd.	Rs 2659.05 crore	11.98	2.29	17.28%
Nocil Ltd.	Rs 2420.19 crore	36.6	1.35	3.16%
Rossari Biotech Ltd.	Rs 2253.43 crore	14.75	1.6	11.88%

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

Shivam Chemicals Ltd.'s PE ratio was 39.89, compared with an available peer PE average of 21.44, 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 45.77, the 50-day moving average was 139.43 and the 200-day moving average was 114.08.

What Readers Should Know

What is firmly established is that Shivam Chemicals Ltd. hit the lower circuit on BSE at Rs 138.1 on 27 October 2026, a day move of -4.99%.

Execution is the practical issue after a lower-circuit session. With sellers stacked at the band and few buyers, an exit at the quoted price may not go through. Also, no official catalyst had been confirmed at the time of writing, which limits what can be said about the cause.

A circuit event is a market update and not a finished conclusion. The band signals heavy near-term selling, but anyone following up should look at business fundamentals, valuation, liquidity, risk and confirmed company disclosures.

Frequently Asked Questions

Why did Shivam Chemicals Ltd. hit lower circuit on 27 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 Shivam Chemicals Ltd. hit lower circuit in a row?

This is session 2 of the current run, which began on 26 October 2026. This page is updated each session rather than replaced with a new article.

What was SHIVAM share price on 27 October 2026?

The last traded price used in this article was Rs 138.1 on BSE. That price matched the lower circuit price captured for the event.

What was the lower circuit price for SHIVAM?

The lower circuit price was Rs 138.1. The stated exchange lower circuit limit was Rs 138.1. The event numbers in this article are aligned to BSE.

What is Shivam Chemicals Ltd.'s market cap and PE ratio?

Shivam Chemicals Ltd.'s market cap was Rs 246.91 crore. PE ratio was 39.89.

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 a lower circuit mean Shivam Chemicals 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 Shivam Chemicals 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 Shivam Chemicals Ltd. the stated limit was Rs 138.1. For this session, Shivam Chemicals Ltd. moved -4.99%.