Mayur Leather Products: Price surge and market cap in 2026

Stock snapshot: what the tape showed

Mayur Leather Products Ltd (BSE: 531680, NSE: MAYUR; ISIN: INE799E01011) saw a series of sharp price updates across late August and early September 2026. Market data points in the provided feed show the stock near ₹31.83 on 28 August 2026 on BSE close, and later quoted around ₹33.36 on 3 September and ₹36.00 on 7 September. The scrip is described as “Active” and tagged under Group X in the dataset. With an indicated share count of about 0.5 crore shares, the company sits in the micro-cap bracket based on the market-cap figures shown.

The headline move cited on 7 September 2026 was that the stock traded 2.80% higher at ₹36.00 compared with a previous close of ₹35.02. Another data point shows a BSE close on 28 August 2026 at ₹31.83 with a +4.98% change. These snapshots, taken together, point to a period of heightened day-to-day volatility rather than a single isolated tick.

Price points across dates: late Aug to early Sept

Multiple timestamps appear in the source, and they do not represent one continuous screen. Instead, they show separate snapshots from different dates and contexts (close, pre-open, and an intraday timestamp). On 3 September 2026, the price is shown around ₹33.36 with a gain of 4.97% in a pre-opening reference, and another line notes that as of 3 September 2026 the share price was ₹33.4 with an open of ₹33.4 and a prior close of ₹31.8. On 30 August 2026, a separate snapshot shows ₹31.72 as the price, with the stock opening at ₹31.72 and a previous day close of ₹31.83.

There is also a “year range” figure of ₹12.75 to ₹33.42 referenced alongside the 30 August 2026 snapshot. That range provides context on where the stock was trading relative to its stated yearly band at that time. Separately, another screen snippet shows “Open ₹33.42” for 28 August 2026, alongside a displayed price around ₹32.00.

Market capitalisation: ₹15-17 crore range in the feed

The market-cap figure varies across the snapshots, which is expected as it moves with price and also depends on the time of capture. One line lists market cap as ₹15.39 crore near a displayed price of ₹31.83 (BSE close, 28 August 2026). Another point states that the market capitalisation was ₹17.41 crore as of 7 September 2026 at 09:57:53, when the price was ₹36.00. A separate bullet notes the “current market capitalisation” as approximately ₹15 crore.

With roughly 0.5 crore shares mentioned in the dataset, a price move of a few rupees can change the market-cap estimate by more than a crore. That sensitivity is a common feature of micro-cap counters, where liquidity and small changes in price have an outsized effect on headline market-cap numbers.

What the company does: exports-led leather footwear

Mayur Leather Products Ltd is described as an India-based manufacturer and exporter of leather shoes and shoe uppers. The feed also notes that the company produces industrial shoe/uppers for both international and domestic markets. One snippet adds that the company is also engaged in the production of polyurethane shoes.

The text explicitly states that the majority of the company’s sales comprise exports. While no revenue, margin, or order-book numbers are provided in the dataset, the exports-led orientation is an important operating detail because it can influence demand cycles, customer concentration, and working-capital needs.

Incorporation and operations: Jaipur base, Jaitpura facility

The company was incorporated as a private limited company on 13 March 1987 in Jaipur. It was converted into a public limited company on 2 August 1995. The manufacturing facility is located at Jaitpura, Jaipur, Rajasthan, as per the provided description.

This operating footprint matters because leather and footwear manufacturing is often sensitive to labour availability, compliance requirements, and logistics. However, the dataset does not provide any plant capacity, capex, or utilisation figures, so operational commentary is limited to the location and product lines stated.

Sector and classification: different labels across platforms

The dataset shows more than one classification. One header places the company under “Consumer Discretionary – Consumer Durables – Gems, Jewellery And Watches.” Elsewhere it is tagged as “Sector: Footwear | Industry: Footwear,” and in another snippet it appears under “Leather Sector” and “Textile Sector.”

Such differences typically reflect how various market-data platforms map legacy categories and exchange segment tags. For readers, the key takeaway from the business description is that the company is primarily a footwear and leather-products manufacturer and exporter, regardless of the screen label.

Shareholding: public float dominates, FIIs at 0%

As of June 2026, the feed lists shareholding as approximately 26.50% promoters, 0.00% FIIs, 0.49% DIIs, and 67.49% public shareholders. This structure indicates a relatively large public holding compared with the promoter stake stated in the dataset.

The absence of FII holding in the provided numbers is notable, but the dataset does not offer reasons or any quarter-on-quarter change. With micro-cap stocks, changes in price can also be influenced by liquidity conditions and retail participation, though the feed does not provide a verified driver for the specific price moves shown.

Key data table: prices, dates, and market cap snapshots

Timeline: how the snapshots line up

Market impact: what changed for investors in this window

For investors tracking Mayur Leather Products during this period, the immediate impact was the rapid change in quoted price levels from the low ₹30s to the mid ₹30s across the provided dates. The market-cap figure moved from around ₹15.39 crore (near the 28 August close snapshot) to ₹17.41 crore (7 September timestamp), reflecting the higher price point.

The dataset also shows varying intraday and screen metrics such as bid/ask (example shown as 29.05/30.30 on 26 August) and volume/value fields in some snippets (for example, volume 47,934 shown with the 30 August snapshot, and a “total value” figure of ₹15,20,466.48). Because these numbers appear in separate contexts, they should be treated as point-in-time indicators rather than a continuous trend.

Why the move matters: micro-cap sensitivity and information discipline

The price and market-cap swings shown here underline a common micro-cap feature: small absolute changes can look large in percentage terms. A move from ₹31.83 to ₹36.00 is meaningful in percentage change terms, and it also shifts market-cap estimates by a couple of crores given the stated share count.

At the same time, the feed does not provide any specific corporate action, earnings update, contract win, or regulatory development to explain the move. In such cases, the most accurate reporting approach is to stick to verifiable tape data, company fundamentals that are explicitly stated (business model, location, incorporation history), and disclosed shareholding percentages. Any attribution beyond that would require confirmed disclosures, which are not present in the supplied text.

Conclusion

Across late August and early September 2026, Mayur Leather Products’ quoted price moved from around ₹31.83 (28 August close) to ₹36.00 (7 September timestamp), with market-cap references shifting from about ₹15.39 crore to ₹17.41 crore in the provided feed. The company remains described as a Jaipur-based manufacturer and exporter of leather shoes and shoe uppers, with majority sales from exports and a facility at Jaitpura. Further clarity on drivers would depend on subsequent exchange filings or company announcements, which are not included in the dataset.