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Asahi Songwon Colors Ltd

Stage 2 · Advancing · week 14Setup 6.6 ★★ GoodEven -0.3

Asahi Songwon Colors Limited manufactures and sells color pigments and derivatives in India. More about the company

₹376.4
+1.74% today
₹444 Cr · Micro cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dSpecialty Chemicals 48.3%+1.1 pts
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vs 52W High
-6.5%
₹182.8 lo₹402.8 hi
6.5% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 14
1w13w26w
Week 14 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
37.2%
200 DMA: ₹274.4 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.19x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↗
MA20 gently rising · +1.3% vs MA50 +12.0%
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
+1.0%
3M
+43.8%
6M
+75.4%
YTD
+39.7%
1Y
+35.5%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
This stock ranks #55 of 159 Stage 2 stocks in Materials by RS.
Industry
Specialty Chemicals
↑ Building
Stage 2%
48.3%
20d Δ
+1.1pp
1M return
+1.9%
3M return
+16.5%
Industry Stage-2 % · last 20 days
Ranks #15 of 42 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 60w
S4 16w
S4 34w
S2 14w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 6w → S2 60w → S3 9w → S4 16w → S1 8w → S2 8w → S3 5w → S4 34w → S1 8w → S2 14w current
Total tracked: 169 weeks across 10 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-07-02
2 appearances in last 60 days. First seen: 2025-06-11.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S2
Wk 14 · Vol 0.19x
2026-10-06S2
Wk 14 · Vol 0.11x
2026-10-05S2
Wk 14 · Vol 0.15x
2026-10-01S2
Wk 13 · Vol 0.19x
2026-09-30S2
Wk 13 · Vol 0.22x
2026-09-29S2
Wk 13 · Vol 0.12x
2026-09-28S2
Wk 13 · Vol 0.23x
2026-09-25S2
Wk 13 · Vol 0.67x
2026-09-24S2
Wk 12 · Vol 0.26x
2026-09-23S2
Wk 12 · Vol 0.27x
2026-09-22S2
Wk 12 · Vol 0.18x
2026-09-21S2
Wk 12 · Vol 0.26x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹370.5
200 DMA
₹274.4
52W High
₹402.8
52W Low
₹182.8
5D Low
₹366.2
Resistance levels (recent highs)
20d High
₹402.8
60d High
₹402.8
120d High
₹402.8
250d High
₹402.8
Next resistance
+7.0%
to 20d High
P/E (TTM)
19.2
Forward —
Earnings Growth (YoY)
-19.8%
Revenue -9.8%
Dividend Yield
0.64%
P/B 1.2
About this companyMaterials· Specialty Chemicals

Asahi Songwon Colors Limited manufactures and sells color pigments and derivatives in India. It offers copper phthalocyanine (CPC) blue crude, pigment alpha, pigment blue, and pigment beta blue. The company's products are used in coatings, paints, printing inks, plastics, pharmaceuticals, textiles, rubber, and paper industries. It also exports its products. The company was incorporated in 1990 and is headquartered in Ahmedabad, India.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.