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BALKRISHNA· Materials› Paper Products

Balkrishna Paper Mills Ltd

Stage 4 · Declining · week 12

As of 16 Oct 2026, Balkrishna Paper Mills is in Stage 4 — declining, a downtrend, in week 12 (since 27 Jul 2026). It closed at ₹15.74, 34.2% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Balkrishna Paper Mills Limited engages in the manufacture and sale of paper and paper boards primarily in India. More about the company

₹15.7
-0.51% today
₹51 Cr · Micro cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dPaper Products 36.0%+8.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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

Loading price chart…
vs 52W High
-34.2%
₹12.9 lo₹23.9 hi
34.2% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 12
1w13w26w
Week 12 — 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
-8.7%
200 DMA: ₹17.2 · 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
0.97x
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 · -2.7% vs MA50 -4.1%
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
-4.8%
3M
-11.0%
6M
-7.1%
YTD
-14.8%
1Y
-34.3%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Paper Products
↑ Building
Stage 2%
36.0%
20d Δ
+8.0pp
1M return
+2.5%
3M return
+23.5%
Industry Stage-2 % · last 20 days
Industry has 9 Stage 2 leaders. See Paper Products Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 19w
S4 29w
S4 16w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 5w → S1 12w → S2 19w → S3 13w → S2 3w → S3 3w → S4 6w → S1 7w → S2 1w → S4 29w → S1 11w → S4 2w → S3 1w → S2 12w → S3 4w → S4 16w → S1 12w → S4 12w current
Total tracked: 168 weeks across 18 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-09-12
3 appearances in last 60 days. First seen: 2024-07-02.
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
2026-10-16S4
Wk 12 · Vol 0.97x
2026-10-15S4
Wk 12 · Vol 0.31x
2026-10-14S4
Wk 12 · Vol 0.92x
2026-10-13S4
Wk 11 · Vol 0.23x
2026-10-12S4
Wk 11 · Vol 0.27x
2026-10-09S4
Wk 11 · Vol 0.33x
2026-10-08S4
Wk 11 · Vol 0.49x
2026-10-07S4
Wk 11 · Vol 0.77x
2026-10-06S4
Wk 10 · Vol 0.22x
2026-10-05S4
Wk 10 · Vol 0.17x
2026-10-01S4
Wk 10 · Vol 0.58x
2026-09-30S4
Wk 10 · Vol 0.31x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹16.7
200 DMA
₹17.2
52W High
₹23.9
52W Low
₹12.9
5D Low
₹15.6
Resistance levels (recent highs)
20d High
₹16.4
60d High
₹18.1
120d High
₹19.5
250d High
₹23.3
Next resistance
+4.4%
to 20d High
About this companyMaterials· Paper Products

Balkrishna Paper Mills Limited engages in the manufacture and sale of paper and paper boards primarily in India. It operates through the Paper and Paper Board, and Trading of Plastic & Packaging Materials segments. The company offers eco, chromo white back, eco-white, eco kraft back, and duplex coated boards. It serves pharmaceuticals, cosmetics, health care products, readymade garments, food products, match boxes, incense sticks, and the FMCG sectors. The company was formerly known as Nirvikara Paper Mills Limited. Balkrishna Paper Mills Limited was founded in 1975 and is based in Mumbai, India.

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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.