Tirupati Forge Ltd. Hits Upper Circuit for the 2nd Straight Session on NSE, 28 October 2026

Tomorrow's band will not be today's band: price limits are reset from each previous close, so what matters is how today's ceiling was set. On 28 October 2026 Tirupati Forge Ltd. was locked at Rs 66.26 on NSE, 1.99% above the previous close of Rs 64.97. That is 2 sessions for the Tirupati Forge upper circuit streak, with a market cap of Rs 844.87 crore.

Key Takeaways

• Tirupati Forge Ltd. (TIRUPATIFL) hit the upper circuit on NSE at Rs 66.26 on 28 October 2026.
• The session move was +1.99% against a previous close of Rs 64.97.
• Market capitalisation stood at Rs 844.87 crore with a PE ratio of 138.41.
• This is the 2nd straight session at the upper 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	Tirupati Forge Ltd.
Current Price / LTP	Rs 66.26
Day Move	1.99%
Previous Close	Rs 64.97
Day Open	Rs 0
Day High	Rs 66.26
Day Low	Rs 66.26
Upper Circuit Price	Rs 66.26
Upper Circuit Limit	Rs 66.26
Market Cap	Rs 844.87 crore
Selected Exchange	NSE
PE Ratio	138.41

All figures above are as of 28 October 2026, sourced from Univest market data for the NSE listing. Only fields present in the source for this session are shown.

Price Action and Trading Activity

Tirupati Forge Ltd. printed Rs 66.26 as both its high and its low on NSE, so the session shows a single price and no range. Measured from the earlier close of Rs 64.97, the gain was Rs 1.29, which is 1.99%.

Rs 66.26 is the band limit for the session, and the price stayed on it. Every figure comes from NSE alone, because the band, the range and the previous close can differ on another exchange, and mixing venues would blur the comparison.

The Tirupati Forge Upper Circuit Streak So Far

This is session 2 of an unbroken run for Tirupati Forge Ltd. The streak began on 27 October 2026, from a base price of Rs 63.7. Across the run the stock has moved 4.02% in total.

A repeated upper 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 Tirupati Forge Ltd. Hit Upper Circuit

Demand for Tirupati Forge Ltd. outran supply until the price reached the top of its exchange band, and the upper circuit then blocked any further rise. No official company statement and no verified outside trigger existed at the time of writing, which leaves the tape and market mood as the only footing for the move.

No record connects results, a corporate action, forgings-sector news or talk in the market to the rise, so none is cited. A later confirmation would be covered in its own update.

What the Tirupati Forge Upper Circuit Means

An upper circuit caps the price for the rest of the session, and for Tirupati Forge Ltd. the cap was Rs 66.26 on 28 October 2026. The next session starts with a fresh reference point, because the band is drawn from the latest previous close and not carried over as a fixed number.

Bands exist to blunt violent jumps and keep dealing orderly. They record the session and make no claim about what comes after.

Tirupati Forge Ltd. Fundamentals and Valuation

Earning Rs 0.47 a share against a net worth of Rs 10.19 a share, Tirupati Forge Ltd. trades at 138.41 times earnings and 6.37 times book, and its market cap is Rs 844.87 crore. These are reported indicators, not a buy, sell or hold view.

A PB ratio of 6.37 means the shares are priced well above their stated net worth. Hopes for growth, asset quality or thin trading could each play a part, and the data cannot separate them. The business is in forgings, within automobile and ancillaries.

A single jump to the band is a price event first, and valuation and returns call for a review of their own.

Peer and Sector Context

Tirupati Forge Ltd. belongs to the Forgings industry within the Automobile & Ancillaries 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
Amic Forging Ltd.	Rs 2458.71 crore	86.97	10.2	43.2%
MM Forgings Ltd.	Rs 2368.94 crore	13.99	2.35	10.56%
METALIC TECHNOFORGE LTD	Rs 346.93 crore	28.06	8.69	48.66%
Kalyani Forge Ltd.	Rs 291.86 crore	23.56	2.92	10.06%
Krishanveer Forge Ltd.	Rs 146.53 crore	12.97	2.74	24.12%

Tirupati Forge Ltd.'s PE ratio was 138.41, compared with an available peer PE average of 33.11, calculated from the 5 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 69.94.

What Readers Should Know

The firm part of the record is short: Tirupati Forge Ltd. reached the NSE ceiling of Rs 66.26 on 28 October 2026 with a 1.99% rise. An official catalyst is not part of it.

At a locked ceiling, bids line up and offers thin out, so the figure on the screen is not always a price at which an order fills.

Take this as a market update. Whether the business is sound, how it is valued, how liquid it is, the risks and any confirmed disclosures from the company each need their own check.

Frequently Asked Questions

Why did Tirupati Forge Ltd. hit upper circuit on 28 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.

How many sessions has Tirupati Forge Ltd. hit upper 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 TIRUPATIFL share price on 28 October 2026?

The last traded price used in this article was Rs 66.26 on NSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for TIRUPATIFL?

The upper circuit price was Rs 66.26. The stated exchange upper circuit limit was Rs 66.26. The event numbers in this article are aligned to NSE.

What is Tirupati Forge Ltd.'s market cap and PE ratio?

Tirupati Forge Ltd.'s market cap was Rs 844.87 crore. PE ratio was 138.41.

Which exchange and data source were used?

The selected exchange was NSE. The article uses Univest market data available at the time of generation, captured on 28 October 2026.

Does hitting an upper circuit mean Tirupati Forge 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 Tirupati Forge 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 Tirupati Forge Ltd. the stated limit was Rs 66.26. For this session, Tirupati Forge Ltd. moved 1.99%.