Banaras Beads Ltd

Stage 3 · Topping · week 1

As of 16 Oct 2026, Banaras Beads is in Stage 3 — topping, where an uptrend loses steam, in its first week (since 13 Oct 2026). It closed at ₹115, 24.2% below its 52-week high and above its 200-day average, which is falling. In Consumer Discretionary, 29.6% of stocks are in Stage 2.

Banaras Beads Limited engages in the manufacture and sale of glass beads, necklaces, jewelries, and accessories under the De-Lemon brand in India, the United States, South Africa, the United Kingdom,… More about the company

₹114.6
+0.03% today
₹76 Cr · Micro cap
Market Neutral — FadingConsumer Discretionary 29.6% in Stage 2-5.1 pts / 20dApparel & Accessories 15.0%-7.5 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 BANARBEADS early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-24.2%
₹98.3 lo₹151.2 hi
24.2% 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 1
1w13w26w
Week 1 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
1.4%
200 DMA: ₹113 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.46x
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 flat · +0.3% vs MA50 -0.9%
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
+4.5%
3M
-3.5%
6M
+2.7%
YTD
-10.1%
1Y
-23.6%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.6%
20d Δ
-5.1pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 133 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Apparel & Accessories
↓ Peaking
Stage 2%
15.0%
20d Δ
-7.5pp
1M return
+2.3%
3M return
+1.1%
Industry Stage-2 % · last 20 days
Industry has 6 Stage 2 leaders. See Apparel & Accessories Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 37w
S2 28w
S3 17w
S4 17w
S4 25w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 37w → S3 8w → S4 5w → S1 1w → S2 28w → S3 17w → S2 2w → S4 17w → S1 3w → S2 8w → S3 6w → S4 25w → S1 9w → S2 2w → S3 1w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-09-30
4 appearances in last 60 days. First seen: 2024-07-15.
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 1 · Vol 0.46x
2026-10-15S3
Wk 1 · Vol 2.17x
2026-10-14S3
Wk 1 · Vol 0.34x
2026-10-13S32→3
Wk 1 · Vol 0.57x
2026-10-12S2
Wk 2 · Vol 0.31x
2026-10-09S2
Wk 2 · Vol 0.44x
2026-10-08S2
Wk 2 · Vol 0.27x
2026-10-07S2
Wk 1 · Vol 1.61x
2026-10-06S2
Wk 1 · Vol 0.27x
2026-10-05S2
Wk 1 · Vol 0.15x
2026-10-01S2
Wk 1 · Vol 0.31x
2026-09-30S21→2
Wk 1 · Vol 0.68x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹113.2
200 DMA
₹113
52W High
₹151.2
52W Low
₹98.3
5D Low
₹108
Resistance levels (recent highs)
20d High
₹123.9
60d High
₹123.9
120d High
₹123.9
250d High
₹151.2
Next resistance
+8.1%
to 20d High
Ask the Market AI about BANARBEADSAsk →
P/E (TTM)
39.4
Forward —
Earnings Growth (YoY)
+16.0%
Revenue +34.7%
Dividend Yield
3.40%
P/B 1.4
About this companyConsumer Discretionary· Apparel & Accessories

Banaras Beads Limited engages in the manufacture and sale of glass beads, necklaces, jewelries, and accessories under the De-Lemon brand in India, the United States, South Africa, the United Kingdom, Ireland, Germany, Europe, the Middle East, and Africa. It offers beads made from clay, brass, aluminum, copper, resin, ceramics, horn, bone, semiprecious stones, agate, lac, hand painted beads, and spray-painted beads. The company also trades in leather and cotton wax cords, and other handicraft products. It serves wholesalers and retailers, companies dealing in craft business, craft stores and large retail chain stores, and online business companies. The company also exports its products. Banaras Beads Limited was founded in 1940 and is headquartered in Varanasi, 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.