Market Recap – 17 September 2026 | The News Strike
Several stocks traded near or at their lower price bands, with sharp declines recorded across multiple names. MADHURKNIT and ABH registered the steepest moves near 20%, while high-value activity was led by LALITHAA and SETL.
Steep Declines at Wider Bands
MADHURKNIT closed at 44.85, down 19.98% on its 20% price band, with volume of 6.98 lakh shares and value of ₹3.29 crore. ABH finished at 38.20 with a 19.92% decline on the same 20% band. DUCON fell 12.66% to 1.38 on its 20% band, while RCDL-RE dropped 16.98% to 2.20. 1050ASPL27 declined 20.00% on its 20% band.
High-Value Activity Near 5% Floors
LALITHAA settled at 290.40, down 4.99% on its 5% band, recording the highest value at ₹144.84 crore on volume of 49.37 lakh shares. ESDS closed at 1646.85 after an exact –5.00% move on the 5% band with value of ₹8.82 crore. MVKAGRO ended at 257.15, off 4.99% on the 5% band. FASCINATE, QUALIANCE, ESCONET, MAL, VISAMAN, NIRAJISPAT and PIONRINV also finished at –5.00% on 5% bands.
Other Notable Moves
SETL declined 2.19% to 413.30 with value of ₹90.97 crore. INDOTHAI fell 3.34% to 35.93 with value of ₹13.85 crore. RELINFRA ended at 50.51, down 2.00% on its tighter 2% band. Several other names including RADHIKAJWE, ONIXSOLAR, SWARAJ, VISACHROME, TAKE, RHETAN and QUICKTOUCH closed near the 5% lower band.
Market Movers Today
| Stock | LTP | % Change | Remark |
|---|---|---|---|
| MADHURKNIT | 44.85 | -19.98 | Near 20% lower circuit |
| ABH | 38.20 | -19.92 | Near 20% lower circuit |
| 1050ASPL27 | 8000.00 | -20.00 | Hit 20% lower circuit |
| RCDL-RE | 2.20 | -16.98 | Near 20% lower circuit |
| DUCON | 1.38 | -12.66 | Near 20% lower circuit |
| LALITHAA | 290.40 | -4.99 | Near 5% lower circuit, highest value |
| ESDS | 1646.85 | -5.00 | Hit 5% lower circuit |
| MVKAGRO | 257.15 | -4.99 | Near 5% lower circuit |
| FASCINATE | 45.60 | -5.00 | Hit 5% lower circuit |
| QUALIANCE | 202.45 | -5.00 | Hit 5% lower circuit |
| ESCONET | 213.95 | -5.00 | Hit 5% lower circuit |
| MAL | 41.80 | -5.00 | Hit 5% lower circuit |
| RADHIKAJWE | 68.12 | -4.99 | Near 5% lower circuit |
| ONIXSOLAR | 376.20 | -4.99 | Near 5% lower circuit |
| SWARAJ | 287.40 | -4.99 | Near 5% lower circuit |
| VISACHROME | 30.27 | -4.99 | Near 5% lower circuit |
| SETL | 413.30 | -2.19 | High value decline |
| INDOTHAI | 35.93 | -3.34 | Notable volume |
This recap is purely informational and data-driven. It does not constitute investment advice under SEBI regulations. Consult a SEBI-registered Research Analyst before making any financial decisions.
