Suratwwala Business Group Ltd. Hits Upper Circuit on BSE, 17 September 2026

On 17 September 2026 at 10:58 am, Suratwwala Business Group Ltd. hit the upper circuit on BSE at Rs 25.56, a 20% positive move from the previous close of Rs 21.3. The company's market cap stood at Rs 378.74 crore. The upper circuit price for the session was Rs 25.56.

The move was driven by buying interest against the exchange-defined price band. The stock finished the session at its upper circuit level, which makes the day worth noting for short-term market participants.

Key Takeaways

• Suratwwala Business Group Ltd. hit the upper circuit on BSE at Rs 25.56 on 17 September 2026.
• The session move was +20% against a previous close of Rs 21.3.
• Market capitalisation stood at Rs 378.74 crore with a PE ratio of 11.6.
• The most recent reported development, dated 17 September 2026 at 1:43 am, is covered below.
• A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric	Value
Stock	Suratwwala Business Group Ltd.
Current Price / LTP	Rs 25.56
Day Move	20%
Previous Close	Rs 21.3
Day Open	Rs 23
Day High	Rs 25.56
Day Low	Rs 23
Upper Circuit Price	Rs 25.56
Upper Circuit Limit	Rs 25.56
Market Cap	Rs 378.74 crore
Selected Exchange	BSE
PE Ratio	11.6

All figures above are as of 17 September 2026 at 10:58 am IST, 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

Suratwwala Business Group Ltd. opened at Rs 23 on BSE, compared with a previous close of Rs 21.3. During the session, the stock traded between Rs 23 and Rs 25.56 before touching the upper circuit price of Rs 25.56.

The absolute day change was Rs 4.26, while the percentage move was 20%. The event figures are kept to a single exchange so the numbers stay comparable.

The selected exchange matters because price bands, day range, turnover, and previous-close values can differ across exchanges. This article uses BSE consistently for the event table and narrative. The stated upper circuit limit for the session was Rs 25.56, which is the level the price reached.

Why Suratwwala Business Group Ltd. Hit Upper Circuit

The most recent development reported for Suratwwala Business Group Ltd., dated 17 September 2026 at 1:43 am, is this: Suratwwala Business Group's subsidiary has secured a significant Engineering, Procurement, and Construction (EPC) contract valued at Rs 69 Crore. This contract is for the development of a 20MWAC solar power plant located in Maharashtra.

That is the nearest dated development on record ahead of the upper circuit session. Whether it caused the move is not something the price data alone can confirm, so it is reported here as context rather than as an established cause.

The stock held firm through the session and eventually reached the upper circuit level of Rs 25.56.

What the Upper Circuit Means

An upper circuit is the maximum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For Suratwwala Business Group Ltd., the captured upper circuit price was Rs 25.56 on 17 September 2026 at 10:58 am.

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 upper circuit explains what happened in the session and where the price band was reached.

Suratwwala Business Group Ltd. Fundamentals and Valuation

Available market data gives a fuller picture than price action alone. For Suratwwala Business Group Ltd., PE ratio was 11.6, PB ratio was 3.55, book value was Rs 5.99, EPS was 1.84, ROE was 0%, ROCE was -8.59%, dividend yield was 0.56% and debt-to-assets ratio was 0.79, on a market cap of Rs 378.74 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 upper 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

Suratwwala Business Group Ltd. belongs to the Construction – Real Estate industry within the Realty 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
Elpro International Ltd.	Rs 2916.74 crore	22.84	1.37	13.22%
Marathon Nextgen Realty Ltd.	Rs 2790.18 crore	14.58	1.21	3.85%
Arvind Smartspaces Ltd.	Rs 2591.11 crore	13.72	3.41	6.67%
Alembic Ltd.	Rs 2576.55 crore	7.92	1.03	3.6%
Hubtown Ltd.	Rs 2464.74 crore	26.6	0.94	-9.64%

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

Suratwwala Business Group Ltd.'s PE ratio was 11.6, compared with an available peer/sector PE average of 17.13, calculated from the 5 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 30.8, the 50-day moving average was 24.16 and the 200-day moving average was 26.68.

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.

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 Suratwwala Business Group Ltd. hit the upper circuit on BSE at Rs 25.56 on 17 September 2026 at 10:58 am, with a 20% day move.

The practical limitation after an upper-circuit session is execution. Buyers queue at the band and sellers step back, so the quoted price is not necessarily a price you can transact at.

Readers should treat upper circuit events as market updates, not standalone investment conclusions. The price band shows strong near-term interest, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.

Frequently Asked Questions

Why did Suratwwala Business Group Ltd. hit upper circuit on 17 September 2026?

The stock reached its upper price band after buying interest during the session. The nearest dated development on record, from 17 September 2026 at 1:43 am, is: Suratwwala Business Group's subsidiary has secured a significant Engineering, Procurement, and Construction (EPC) contract valued at Rs 69 Crore. This contract is for the development of a 20MWAC solar power plant located in Maharashtra.

What was Suratwwala Business Group Ltd. share price on 17 September 2026?

The last traded price used in this article was Rs 25.56 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for Suratwwala Business Group Ltd.?

The upper circuit price was Rs 25.56. The stated exchange upper circuit limit was Rs 25.56. The event numbers in this article are aligned to BSE.

What is Suratwwala Business Group Ltd.'s market cap and PE ratio?

Suratwwala Business Group Ltd.'s market cap was Rs 378.74 crore. PE ratio was 11.6.

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 17 September 2026 at 10:58 am.

Does hitting an upper circuit mean Suratwwala Business Group 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 Suratwwala Business Group 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 turnover holds up and 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 Suratwwala Business Group Ltd. the stated limit was Rs 25.56. For this session, Suratwwala Business Group Ltd. moved 20%.

Footer Disclosure

Generated on 17 September 2026 at 10:58 am using Univest market data. This article is for informational purposes only and does not constitute investment advice. SEBI RIA registration number INA000017639.