Anup Engineering Stock hit 20% upper circuit on 13 Nov 2026

ANUP Stock hit 20% upper circuit on 13 Nov 2026, closing around ₹1,725 after strong buying interest. It was among a handful of stocks to hit the exchange upper circuit limit that day. Q2 FY27 results were weak. Revenue fell about 21.5% YoY to ₹182.4 crore, while net profit dropped nearly 79% YoY to ₹6.6 crore. EBITDA also declined sharply and margins contracted. The company recently announced a CFO change: Vishal Begwani was appointed CFO, while Nilesh Hirapara resigned to take a larger role within the group. Despite the recent upper-circuit rally, the stock remains well below its 52-week high after earnings-related pressure earlier in November. Investor takeaway: The latest trigger for the sharp rise is strong market buying momentum, but investors are still weighing this against the company's significantly weaker Q2 earnings and profitability decline. If you'd like, I can also provide a technical analysis (support/resistance, target, and outlook) for ANUP.