Peshwa Wheat shares hit 20% lower circuit on October 16 after the circuit revision of the SME stock to 20% from 5%.
At 11:45 am on October 16, Peshwa Wheat shares were trading 20% lower at Rs 53.2 apiece.
Peshwa Wheat shares made their stock market debut on October 1, 2026, listing at Rs 100 per share on BSE SME, compared with the IPO issue price of Rs 101 per share. The opening represented a discount of approximately 0.99%.
Peshwa Wheat operates in the food-processing segment and processes wheat and other grain-based products, including atta, Sortex wheat, broken wheat, besan and maize flour.
Ever since its listing, the SME stock has been hitting 5% lower circuit until the circuit was revised to 20%.