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GALE.IN INDIAN EQUITY RESEARCH

NSE PRICE BANDS · UPDATED EVERY EVENING

Lower circuit stocks today

On , 23 stocks closed at their lower price band on the NSE — 10 of them locked there for the whole session, with no other price traded. Screened across all 3,046 shares in the exchange's end-of-day file, of which 2,835 carry a price band at all.

The rule this page uses. A stock is listed here when its closing price in NSE's sec_bhavdata_full file for the session equals its previous close reduced by exactly the price band NSE assigned it in that day's sec_list file — and when it actually moved down the full band to get there. Both files are the exchange's own, published after the close, and both are read for the same date. No price-change threshold is used as a stand-in. Securities NSE marks “No Band”, plus ETFs, REITs, InvITs and government securities, are excluded — they are not shares with circuits.
23closed at the lower band
10locked there all session
8on the 2% band
14on the 5% band
1on the 40% band
#StockBand Prev closeCloseChange SessionDeliveryTurnover (₹ cr) Gale research
1 EMPOWER EMPOWER INDIA LTD. 5% 2.16 2.06 -4.63% Locked all day 100% 0.3 Not covered
2 RHETAN RHETAN TMT LIMITED 5% 17.67 16.79 -4.98% Locked all day 100% 1.4 Not covered
3 VISAMAN VISAMAN GLOBAL SALES LIMITED 5% 35.15 33.40 -4.98% Locked all day 100% 0 Not covered
4 SYNOPTICS SYNOPTICS TECHNOLOGIES LIMITED 5% 47.25 44.90 -4.97% Locked all day 100% 0 Not covered
5 RELINFRA RELIANCE INFRASTRUCTURE LIMITED 2% 48.02 47.06 -2.00% Locked all day 0.2 Not covered
6 BIKEWO BIKEWO GREEN TECH LIMITED 2% 127.85 125.30 -1.99% Locked all day 100% 0.6 Not covered
7 SETUINFRA SETUBANDHAN INFRASTRUCTURE LIMITED 2% 0.58 0.57 -1.72% Locked all day 0 Not covered
8 MINALIND MINAL INDUSTRIES LIMITED 2% 4.95 4.86 -1.82% Locked all day 0 Not covered
9 ABMINTLLTD ABM INTERNATIONAL LIMITED 2% 48.02 47.06 -2.00% Locked all day 0 Not covered
10 ITTL INNOVATIVE TYRES & TUBES LIMITED 2% 65.45 64.15 -1.99% Locked all day 100% 0 Not covered
11 CENTEXT-RE CENTURY EXTRUSIONS LIMITED-RE 40% 3.63 2.19 -39.67% Closed at band 0.1 Not covered
12 INDOTHAI INDO THAI SECURITIES LIMITED 5% 32.38 30.77 -4.97% Closed at band 43.74% 9 Not covered
13 XTRANET XTRANET TECHNOLOGIES LIMITED 5% 334.36 317.65 -5.00% Closed at band 49.27% 33 Not covered
14 VCL VAXTEX COTFAB LIMITED 5% 1.60 1.52 -5.00% Closed at band 0.1 Not covered
15 AQYLON AQYLON NEXUS LIMITED 5% 19.80 18.81 -5.00% Closed at band GSM STAGE - 0 59.07% 1.2 Not covered
16 GRADIENTE GRADIENTE INFOTAINMENT LIMITED 5% 2.37 2.26 -4.64% Closed at band 0.1 Not covered
17 TIJARIA TIJARIA POLYPIPES LIMITED 5% 6.87 6.53 -4.95% Closed at band GSM STAGE - 0 0 Not covered
18 DIGJAMLMTD DIGJAM LIMITED 5% 56.83 53.99 -5.00% Closed at band GSM STAGE - II 0.1 Not covered
19 GRAVISSHO GRAVISS HOSPITALITY LIMITED 5% 34.53 32.81 -4.98% Closed at band 0 Not covered
20 EUROTEXIND EUROTEX INDUSTRIES AND EXPORTS LIMITED 5% 12.26 11.65 -4.98% Closed at band GSM STAGE - 0 0 Not covered
21 MPDL MPDL LIMITED 5% 30.00 28.51 -4.97% Closed at band 0 Not covered
22 KHADIM KHADIM INDIA LIMITED 2% 125.44 122.94 -1.99% Closed at band 0.1 Not covered
23 BI BILCARE LIMITED 2% 107.00 104.86 -2.00% Closed at band 0.1 Not covered

“Locked all day” means the exchange recorded the same price for the open, high, low and close — the band price was the only price that traded. “Closed at band” means the stock finished there but traded elsewhere during the session. Delivery is the share of the day's volume that settled as delivery; NSE prints no figure for some securities, shown here as —. Turnover is close × volume.

Why this list is shorter than the ones you may be used to

Most pages answering this question do not read the price band at all. They apply a fixed one-day return — usually 3%, sometimes 5% — and call whatever clears it a circuit. On this session that shortcut would have returned 143 stocks, of which only 15 had actually fell to a price band. It would also have missed 8 stocks that genuinely hit their floor.

The misses are not random. A stock on the 2% band cannot possibly move 3% in a day — the exchange will not let it — so a 3% filter is structurally blind to every one of them, and those are exactly the stocks under enhanced surveillance that readers are usually looking for. On this session there were 8 of them.

What a lower circuit actually is

NSE sets a daily price band for most securities — 2%, 5%, 10% or 20% — measured from the previous close. The band is a hard limit: no order may execute outside it for the rest of the session. When buying interest disappears and sellers keep cutting, the price falls to the floor and stops. That is the circuit. It is a rule of the trading system, not a judgement about the company.

The band a stock carries is assigned by the exchange and can be changed — tightened when a security is placed under surveillance, or widened as liquidity improves. That is why this page reads the band from the exchange's file for the same day rather than assuming one: using yesterday's band list against today's prices produces stocks that appear to have closed outside their own limit.

Can you sell a stock that is at its lower circuit?

Often not, and this is the part that surprises people. At a lower circuit the order book fills with sell orders and almost no buyers. Your order joins a queue that may not clear at all that day, and if the stock is locked at the floor again the next session, it may not clear then either. A holding can be genuinely unsellable for several days in a row.

This is the practical reason a series of lower circuits is more serious than an equivalent fall spread over more days. The loss on screen is not the whole problem — the inability to act on it is.

Does hitting a circuit tell you anything?

On its own, very little. A band is reached whenever order flow is one-sided relative to the band's width, and a narrow band is reached far more easily than a wide one — which is why most of this list sits on the 5% band rather than the 20% one. Several of these stocks are on a tight band precisely because the exchange has placed them under a surveillance measure, so a circuit in those names is closer to a symptom of thin, restricted trading than to a signal about the business.

The columns worth reading beside the move are delivery percentage and turnover. A circuit on ₹2 crore of turnover in a stock with a 2% band is a very different event from one on ₹200 crore, however identical the percentage looks.

Rows this rule could not account for

13 securities closed outside the limit computed from the band NSE listed for 23 September 2026. That normally means the exchange revised the band intraday, or the previous close was adjusted for a corporate action after the band file was written. They are shown rather than hidden, because a screen that silently drops what it cannot explain is not checkable.

StockListed bandPrev closeCloseChange
ARISTOSM 5% 112.00 105.85 -5.49%
BEWLTDSM 10% 61.35 72.90 +18.83%
CUBEXTUBEQ 10% 104.85 125.82 +20.00%
DUCONEQ 5% 1.46 1.60 +9.59%
JALANST 2% 1.70 1.65 -2.94%
JSIPLBE 5% 93.00 126.00 +35.48%
MANUGRAPHEQ 10% 20.22 23.52 +16.32%
MOSSM 5% 6.65 7.30 +9.77%
NRLBE 2% 158.35 166.26 +5.00%
RAMASTEELBE 2% 4.54 4.66 +2.64%
SAAKSHIST 2% 372.00 380.75 +2.35%
SRGHFLEQ 5% 143.75 158.10 +9.98%
SSRETAILEQ 20% 424.00 748.80 +76.60%

Related screens

Lower circuit questions

What is a lower circuit?

It is the lowest price a stock may legally trade at on a given day. NSE assigns each security a price band — 2%, 5%, 10% or 20% — measured from the previous close. Once selling pushes the price to that floor, no order can execute below it for the rest of the session.

Can I sell a stock that is stuck at the lower circuit?

Often not. At the floor the order book fills with sell orders and very few buyers, so your order joins a queue that may never clear that day. If the stock locks at its lower circuit again the next session, it may not clear then either — a holding can be genuinely unsellable for several days running.

What should I do if a stock I hold hits the lower circuit?

That is a decision only you can make, and this page does not advise on it. What is worth understanding is the mechanics: a market order will not escape the band, a limit order below the floor cannot execute, and your position in the sell queue depends on when the order was placed. Some investors place an order early in the session precisely to hold a queue position.

Why does a stock hit the lower circuit repeatedly?

Because the band resets each day from the new, lower previous close. A stock on a 5% band that locks down five sessions running has fallen roughly 23%, not 25%, and each session it becomes harder to exit as the queue of unfilled sellers carries over.

Does a lower circuit mean the company is in trouble?

Not necessarily, and the band width matters more than most readers expect. A stock on a 2% band reaches its floor on modest selling, and it is usually on a 2% band because the exchange placed it under a surveillance measure. Read the move alongside the band, the turnover and the delivery percentage rather than on its own.

Where does this data come from?

From NSE’s own end-of-day files — sec_bhavdata_full for prices and sec_list for each security’s price band — both read for the same trading date. The page states which date it covers.