Arman Financial Services Ltd

Stage 3 · Topping · week 2

As of 16 Oct 2026, Arman Financial Services is in Stage 3 — topping, where an uptrend loses steam, in week 2 (since 9 Oct 2026). It closed at ₹1,536, 25.8% below its 52-week high and below its 200-day average, which is rising. In Financials, 21.2% of stocks are in Stage 2.

Arman Financial Services Limited, together with its subsidiary, operates as a non-banking finance company in India. More about the company

₹1,535.5
-2.49% today
₹1,619 Cr · Small cap
Market Neutral — FadingFinancials 21.2% in Stage 2-11.4 pts / 20dConsumer Finance 9.1%-31.8 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

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Momentum

Steady

Edge

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Is ARMANFIN early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-25.8%
₹1,339.2 lo₹2,069.3 hi
25.8% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 2
1w13w26w
Week 2 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-9.7%
200 DMA: ₹1,701.1 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.34x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -8.3% vs MA50 -3.5%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-18.0%
3M
-21.6%
6M
-0.9%
YTD
+5.2%
1Y
-1.0%
Sector
Financials
↓ Peaking
Stage 2%
21.2%
20d Δ
-11.4pp
1M return
-0.9%
3M return
-5.5%
Sector Stage-2 % · last 20 days
Sector has 55 Stage 2 leaders. See Financials Stage 2 →
Industry
Consumer Finance
↓ Peaking
Stage 2%
9.1%
20d Δ
-31.8pp
1M return
-5.0%
3M return
-9.0%
Industry Stage-2 % · last 20 days
Industry has 4 Stage 2 leaders. See Consumer Finance Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 16w
S4 27w
S2 20w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 6w → S2 11w → S3 2w → S4 11w → S1 8w → S4 27w → S1 5w → S4 5w → S1 6w → S2 12w → S3 8w → S4 1w → S3 1w → S2 9w → S3 3w → S4 5w → S1 3w → S4 8w → S1 1w → S2 20w → S3 1w current
Total tracked: 169 weeks across 22 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-22
Pullback Hunter
Latest: 2026-08-25
60 appearances in last 60 days. First seen: 2026-07-14.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 2 · Vol 1.34x
2026-10-15S3
Wk 1 · Vol 1.08x
2026-10-14S3
Wk 1 · Vol 0.31x
2026-10-13S3
Wk 1 · Vol 0.35x
2026-10-12S3
Wk 1 · Vol 0.43x
2026-10-09S32→3
Wk 1 · Vol 0.55x
2026-10-08S2
Wk 20 · Vol 0.62x
2026-10-07S2
Wk 20 · Vol 0.43x
2026-10-06S2
Wk 20 · Vol 0.39x
2026-10-05S2
Wk 20 · Vol 1.18x
2026-10-01S2
Wk 19 · Vol 0.86x
2026-09-30S2
Wk 19 · Vol 0.70x
Sector Peers — Stage 2All →
SMCGLOBAL
wk 11 · -6.2% from hi
9.0
ONELIFECAP
wk 2 · -0.0% from hi
8.7
ARIHANTCAP
wk 5 · -14.2% from hi
8.6
GCSL
wk 16 · 0.0% from hi
8.4
JAYKAY
wk 2 · — from hi
8.0
Moving averages & range
50 DMA
₹1,896.7
200 DMA
₹1,701.1
52W High
₹2,069.3
52W Low
₹1,339.2
5D Low
₹1,535.5
Resistance levels (recent highs)
20d High
₹1,974.9
60d High
₹2,069.3
120d High
₹2,069.3
250d High
₹2,069.3
Next resistance
+28.6%
to 20d High
Ask the Market AI about ARMANFINAsk →
P/E (TTM)
67.3
Forward —
About this companyFinancials· Consumer Finance

Arman Financial Services Limited, together with its subsidiary, operates as a non-banking finance company in India. The company offers micro, small, and medium enterprise loans; two wheeler loans; and micro finance loans as well as individual business loans and loan against property. The company was formerly known as Arman Lease and Finance Limited and changed its name to Arman Financial Services Limited in November 2008. Arman Financial Services Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.