BAJAJINDEF · Industrials · 2026-08-21
Indef Manufacturing Ltd
Stage 4 · wk 8MARKET: BULL RISING · 2026-08-21
₹215.9
+1.12% today
₹691 Cr · Small cap
About this companyIndustrials· Heavy MachineryExpand ▾
Indef Manufacturing Limited provides material handling solutions in India. It also manufactures, sells, distributes and markets mechanical hoists, ergonomic handling solutions, overhead crane, EOT crane, electric chain hoists and wire rope hoists, stackers, and storage and retrieval solutions. The company serves the oil and gas, engineering, auto and auto ancillary, cement, metals, and other industries. Indef Manufacturing Limited was incorporated in 2022 and is headquartered in Navi Mumbai, India.
Visit company website →P/E (TTM)
32.4
Forward —
Earnings Growth (YoY)
-30.1%
Revenue +13.2%
Dividend Yield
0.71%
P/B 3.4
vs 52W High
-49.2%
₹209.1 lo₹425.3 hi
49.2% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 8
1w13w26w
Week 8 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-23.3%
200 DMA: ₹281.6 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.66x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -3.6% vs MA50 -5.3%
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.
Sector
Industrials
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Heavy Machinery
Stage 2%
16.7%
20d Δ
+0.0pp
1M return
+24.8%
3M return
+37.2%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Heavy Machinery Stage 2 →
Price + Volume Chart
1M
-7.8%
3M
-23.4%
6M
-18.2%
YTD
-39.2%
1Y
-46.3%
Moving averages & range
50 DMA
₹237.2
200 DMA
₹281.6
52W High
₹425.3
52W Low
₹209.1
5D Low
₹213.1
Resistance levels (recent highs)
20d High
₹236.8
60d High
₹259.8
120d High
₹324.5
250d High
₹425.3
Next resistance
+9.7%
to 20d High
All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.