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DAVANGERE· Consumer Staples› Sugar

Davangere Sugar Company Ltd

Stage 4 · Declining · week 23

As of 16 Oct 2026, Davangere Sugar Company is in Stage 4 — declining, a downtrend, in week 23 (since 7 May 2026). It closed at ₹2.06, 60.0% below its 52-week high and below its 200-day average, which is falling. In Consumer Staples, 29.8% of stocks are in Stage 2.

Davangere Sugar Company Limited manufactures, markets, and sells sugar and molasses in India. More about the company

₹2.1
-2.83% today
₹349 Cr · Micro cap
Market Neutral — FadingConsumer Staples 29.8% in Stage 2-4.4 pts / 20dSugar 64.3%-7.1 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

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Momentum

Accelerating ⇈

Edge

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

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vs 52W High
-60.0%
₹1.8 lo₹5.2 hi
60.0% 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 23
1w13w26w
Week 23 — extended decline
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
-41.3%
200 DMA: ₹3.5 · 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
0.49x
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
↑ ⇈
Accelerating · MA20 +5.4% vs MA50 -15.2% / 10d
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
-3.7%
3M
-41.0%
6M
-44.2%
YTD
-42.0%
1Y
-46.2%
Sector
Consumer Staples
↓ Peaking
Stage 2%
29.8%
20d Δ
-4.4pp
1M return
-1.3%
3M return
-5.4%
Sector Stage-2 % · last 20 days
Sector has 50 Stage 2 leaders. See Consumer Staples Stage 2 →
Industry
Sugar
↓ Peaking
Stage 2%
64.3%
20d Δ
-7.1pp
1M return
+6.7%
3M return
+6.7%
Industry Stage-2 % · last 20 days
Industry has 18 Stage 2 leaders. See Sugar Stage 2 →
Stage Cycle Timeline2024-01-25 → 2026-10-16
S? 42w
S4 42w
S1 13w
S2 14w
S4 23w
2024-01-252026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S4 42w → S1 13w → S4 1w → S3 1w → S2 14w → S3 5w → S4 23w current
Total tracked: 141 weeks across 8 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-12-22
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
2026-10-16S4
Wk 23 · Vol 0.49x
2026-10-15S4
Wk 23 · Vol 0.42x
2026-10-14S4
Wk 23 · Vol 0.39x
2026-10-13S4
Wk 23 · Vol 0.38x
2026-10-12S4
Wk 23 · Vol 0.31x
2026-10-09S4
Wk 22 · Vol 0.28x
2026-10-08S4
Wk 22 · Vol 0.35x
2026-10-07S4
Wk 22 · Vol 0.53x
2026-10-06S4
Wk 22 · Vol 0.37x
2026-10-05S4
Wk 22 · Vol 0.35x
2026-10-01S4
Wk 21 · Vol 0.46x
2026-09-30S4
Wk 21 · Vol 0.35x
Sector Peers — Stage 2All →
UTTAMSUGAR
wk 9 · -2.9% from hi
9.0
AVADHSUGAR
wk 25 · -0.3% from hi
8.6
CUPID
wk 26 · -3.4% from hi
8.0
DHAMPURSUG
wk 9 · -4.8% from hi
8.0
DBOL
wk 8 · -4.6% from hi
8.0
Moving averages & range
50 DMA
₹2.4
200 DMA
₹3.5
52W High
₹5.2
52W Low
₹1.8
5D Low
₹2.1
Resistance levels (recent highs)
20d High
₹2.5
60d High
₹3.4
120d High
₹4.4
250d High
₹5.2
Next resistance
+20.4%
to 20d High
P/E (TTM)
82.6
Forward —
About this companyConsumer Staples· Sugar

Davangere Sugar Company Limited manufactures, markets, and sells sugar and molasses in India. The company operates through four segments: Sugar, Co-Generation, Aviation, and Distillery. It engages in the co-generation of electricity related activities with a capacity of 24.45 megawatt. The company is also involved in production of ethanol products, as well as aviation related business that consists of a fleet of helicopters. Davangere Sugar Company Limited was incorporated in 1970 and is based in Bengaluru, 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.