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Vandana Knitwear Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

28 Oct 2026 • 10:17 am

Vandana Knitwear Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

Holders and would-be buyers of Vandana Knitwear Ltd. see this session from opposite sides, and the Vandana Knitwear upper circuit streak, now two sessions old, frames both: the stock was at the BSE upper circuit of Rs 30.76 on 28 October 2026, 4.98% over the previous close of Rs 29.3.

Its market cap is Rs 313.47 crore. For an owner the move is already on the screen; for someone outside, the price shown is the ceiling.

Key Takeaways

  • Vandana Knitwear Ltd. hit the upper circuit on BSE at Rs 30.76 on 28 October 2026.
  • The session move was +4.98% against a previous close of Rs 29.3.
  • Market capitalisation stood at Rs 313.47 crore with a PE ratio of 1544.17.
  • 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 Vandana Knitwear Ltd.
Current Price / LTP Rs 30.76
Day Move 4.98%
Previous Close Rs 29.3
Day Open Rs 30.48
Day High Rs 30.76
Day Low Rs 29.3
Upper Circuit Price Rs 30.76
Upper Circuit Limit Rs 30.76
Market Cap Rs 313.47 crore
Selected Exchange BSE
PE Ratio 1544.17

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

Trading began at Rs 30.48 on BSE, above the previous close of Rs 29.3, and the day's low matched that previous close exactly before the price rose to Rs 30.76, the band price. The gain is Rs 1.46, or 4.98%.

Because the low equals the previous close, the whole range ran from Rs 29.3 to Rs 30.76. A holder never saw the stock trade under its previous close at any point in the day. For a new buyer, the ceiling of Rs 30.76 is what stands in the way of an entry. These figures are from BSE alone, as bands and previous closes can differ across exchanges.

The Vandana Knitwear Upper Circuit Streak So Far

This is session 2 of an unbroken run for Vandana Knitwear Ltd. The streak began on 27 October 2026, from a base price of Rs 27.93. Across the run the stock has moved 10.13% 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 Vandana Knitwear Ltd. Hit Upper Circuit

Buying interest lifted Vandana Knitwear Ltd. off its previous close of Rs 29.3 and into its exchange price band, where the upper circuit stopped the price at Rs 30.76. When this was written there was no official company announcement and no verified external catalyst on file, so neither holders nor newcomers have more than price action and sentiment to read.

Should the company later confirm news, a fresh update will cover it. Until then earnings, corporate actions, sector news and rumours stay out of the explanation, as nothing supports them.

The stock's upper circuit level in the session was Rs 30.76.

What the Vandana Knitwear Upper Circuit Means

For a holder, an upper circuit means the stock reached the highest price the band allowed, Rs 30.76 on 28 October 2026. For a new buyer it means the posted price is the limit, so any order sits in a queue rather than finding sellers at that level.

Bands slow extreme moves and keep trading orderly. They record the session and offer no forecast to either group, and a locked price does not tell a holder to wait or a newcomer to join the queue.

Vandana Knitwear Ltd. Fundamentals and Valuation

The reported numbers give both groups something firmer than the price move. Turning to the numbers on record, Vandana Knitwear Ltd. carries a PE ratio of 1544.17, a PB ratio of 26.58, book value of Rs 1.1, EPS of 0.02 and a market cap of Rs 313.47 crore. None of this is a buy, sell or hold view.

EPS of 0.02 is a very small base for a PE ratio of 1544.17, and a PB ratio of 26.58 puts the price at a large multiple of book value per share. Premiums of that size can reflect growth expectations, asset quality or thin trading in a smaller stock, and the ratios cannot say which. The company is in textiles.

One day at the ceiling is a reason to look at valuation and returns separately, for a holder as much as for a newcomer.

Peer and Sector Context

Vandana Knitwear Ltd. belongs to the Textile 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
Sangam (India) Ltd. Rs 2931.38 crore 24.13 2.62 7.93%
Sportking India Ltd. Rs 2655.8 crore 16.43 2.23 11.28%
Kewal Kiran Clothing Ltd. Rs 2594.11 crore 17.52 2.69 17.33%
Kitex Garments Ltd. Rs 2249.36 crore - 2.22 -1.28%
S.P. Apparels Ltd. Rs 2092.06 crore 19.85 2.16 11.22%

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

Vandana Knitwear Ltd.'s PE ratio was 1544.17, compared with an available peer PE average of 19.48, calculated from the 4 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Want to know more? Log in to Univest for more stock insights.

Technical Snapshot

The technical snapshot adds context: RSI was 27.89, the 50-day moving average was 36.66 and the 200-day moving average was 33.33.

Worth flagging: the RSI reading sits on the opposite side of neutral to the day move and the last traded price and the 50-day average point in different directions. 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

Common ground for both groups is a BSE upper circuit at Rs 30.76 on 28 October 2026 for Vandana Knitwear Ltd., a 4.98% rise that makes a second straight session at the limit.

An owner has the gain already; a newcomer cannot assume an order fills at the quoted price, because buyers queue at the band while sellers hold back. Nothing from the company itself explained the move at the time of writing.

This is a market update only. The lock cannot answer questions about the business, its valuation, liquidity, risk or confirmed company disclosures, each of which needs its own check.

Frequently Asked Questions

Why did Vandana Knitwear 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 Vandana Knitwear 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 Vandana Knitwear Ltd. share price on 28 October 2026?

The last traded price used in this article was Rs 30.76 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for Vandana Knitwear Ltd.?

The upper circuit price was Rs 30.76. The stated exchange upper circuit limit was Rs 30.76. The event numbers in this article are aligned to BSE.

What is Vandana Knitwear Ltd.'s market cap and PE ratio?

Vandana Knitwear Ltd.'s market cap was Rs 313.47 crore. PE ratio was 1544.17.

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 an upper circuit mean Vandana Knitwear 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 Vandana Knitwear 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 Vandana Knitwear Ltd. the stated limit was Rs 30.76. For this session, Vandana Knitwear Ltd. moved 4.98%.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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