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Electrosteel Castings Ltd

Stage 1 · Basing · week 4

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally. More about the company

₹78.7
-0.30% today
₹4,867 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-4.2 pts / 20dBuilding Products - Pipes 39.1%-4.3 pts
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vs 52W High
-18.8%
₹61.1 lo₹96.9 hi
18.8% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 4
1w13w26w
Week 4 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
3.6%
200 DMA: ₹76 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.98x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↓
MA20 rolling over · -4.2% vs MA50 -0.1%
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
-5.9%
3M
+5.4%
6M
+0.2%
YTD
+1.9%
1Y
-14.4%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-4.2pp
1M return
-2.2%
3M return
+0.9%
Sector Stage-2 % · last 20 days
Sector has 130 Stage 2 leaders. See Industrials Stage 2 →
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
39.1%
20d Δ
-4.3pp
1M return
-2.9%
3M return
+12.2%
Industry Stage-2 % · last 20 days
Industry has 9 Stage 2 leaders. See Building Products - Pipes Stage 2 →
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 50w
S4 26w
S4 33w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 50w → S3 4w → S2 13w → S3 5w → S4 26w → S1 12w → S4 33w → S1 10w → S2 1w → S3 2w → S4 8w → S1 4w current
Total tracked: 169 weeks across 12 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-06-22
2 appearances in last 60 days. First seen: 2024-07-25.
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
2026-10-07S1
Wk 4 · Vol 0.98x
2026-10-06S1
Wk 4 · Vol 2.85x
2026-10-05S1
Wk 3 · Vol 1.11x
2026-10-01S1
Wk 3 · Vol 2.05x
2026-09-30S1
Wk 3 · Vol 1.29x
2026-09-29S1
Wk 3 · Vol 12.67x
2026-09-28S1
Wk 3 · Vol 10.35x
2026-09-25S1
Wk 2 · Vol 0.44x
2026-09-24S1
Wk 2 · Vol 0.83x
2026-09-23S1
Wk 2 · Vol 0.81x
2026-09-22S1
Wk 2 · Vol 0.71x
2026-09-21S1
Wk 2 · Vol 0.56x
Sector Peers — Stage 2All →
SPECTRUM
wk 18 · -0.3% from hi
10.0
ROSSTECH
wk 30 · 0.0% from hi
9.6
SHIVAUM
wk 27 · -1.4% from hi
9.4
AXISCADES
wk 2 · -2.7% from hi
9.2
SAMBHV
wk 9 · -4.0% from hi
9.0
Moving averages & range
50 DMA
₹75.4
200 DMA
₹76
52W High
₹96.9
52W Low
₹61.1
5D Low
₹74.4
Resistance levels (recent highs)
20d High
₹79.9
60d High
₹85.3
120d High
₹93.6
250d High
₹96.9
Next resistance
+1.5%
to 20d High
P/E (TTM)
31.3
Forward 20.4
Earnings Growth (YoY)
-90.5%
Revenue -12.4%
ROE
+2.8%
Profit margin +2.7%
Dividend Yield
1.70%
P/B 0.9
About this companyIndustrials· Building Products - Pipes

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally. The company offers ductile iron pipes and fittings which are used in various applications, including raw and clear water transmission, distribution network of potable water, water supply for industrial/process plants, ash-slurry handling and disposal systems, on-shore and off-shore fire-fighting systems, desalination plants, sewerage and waste water force mains, gravity sewerage collection and disposal systems, storm water drainage piping, domestic and industrial disposal systems, recycling systems, piping work in water and sewage treatment plants, vertical connection to utilities and reservoirs, piling for ground stabilization, trenchless application, and protective piping under carriageways; ductile iron flange pipes used for temporary, over-ground and exposed installations, vertical pipelines, interconnection and connection for accessories, and as a restrained joint application; and ductile iron restrained joint pipes. It also provides cast iron pipes, metallurgical coke, sinter, sponge iron, ferro silicon, pig iron, low ash metallurgical coke, and silico manganese ferro alloy. In addition, the company offers cement under the brand name of SPL GOLD. The company was formerly known as Dalmia Iron and Steel Ltd. Electrosteel Castings Limited was incorporated in 1955 and is based in Kolkata, 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.