ELECTHERM · Materials · 2026-08-07

Electrotherm (India) Ltd

5.0★ FairWeak -4.8Stage 2 · wk 7In scan: Prop Scan · Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹995.3
-1.23% today
₹1,268 Cr · Small cap
About this companyMaterials· Iron & Steel
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Electrotherm (India) Limited, an engineering and steel company, provides steel melting solutions worldwide. It operates through Engineering & Technologies, Special Steel, Electric Vehicle, and Others segments. The company designs and manufactures steel plants equipment, foundries, induction heating, and hardening equipment for heat treatment. It also engages in the manufacture of TMT bars and ductile iron pipes, including blast furnaces, sponge iron kilns, induction furnaces, rolling mills, ladle refining furnace, and pipe making facilities. In addition, the company provides solar photovoltaic rooftop and ground-mounted solutions to industrial and commercial sectors. Further, it offers induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, and battery operated vehicles; and services related to steel melting and other capital equipment. The company was founded in 1983 and is headquartered in Ahmedabad, India.

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P/E (TTM)
6.4
Forward —
Earnings Growth (YoY)
-92.7%
Revenue -1.8%
vs 52W High
-19.1%
₹555.4 lo₹1,230.5 hi
19.1% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 7
1w13w26w
Week 7 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
14.9%
200 DMA: ₹866.1 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.11x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -5.9% vs MA50 +11.1%
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.
Sector
Materials
↓ Peaking
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
This stock ranks #89 of 135 Stage 2 stocks in Materials by RS.
Industry
Iron & Steel
↓ Peaking
Stage 2%
38.0%
20d Δ
-14.8pp
1M return
+5.8%
3M return
+1.2%
Industry Stage-2 % · last 20 days
Ranks #23 of 27 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-15 → 2026-08-07
S2 58w
S2 26w
S4 22w
2023-05-152026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 4w → S2 58w → S3 2w → S2 26w → S3 4w → S4 7w → S1 5w → S2 8w → S3 5w → S4 7w → S1 2w → S2 5w → S3 1w → S4 22w → S1 5w → S2 7w current
Total tracked: 168 weeks across 16 stage runs.
1M
-11.1%
3M
+31.2%
6M
+29.8%
YTD
+12.9%
1Y
-0.8%
Scan Membership
Prop Scan
Latest: 2026-07-27
Breakout Watch
Latest: 2026-06-22
27 appearances in last 60 days. First seen: 2024-08-08.
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
2026-08-07S2
Wk 7 · Vol —x
2026-08-06S2
Wk 7 · Vol —x
2026-08-05S2
Wk 7 · Vol —x
2026-08-04S2
Wk 7 · Vol —x
2026-08-03S2
Wk 6 · Vol —x
2026-07-31S2
Wk 6 · Vol —x
2026-07-30S2
Wk 6 · Vol —x
2026-07-29S2
Wk 6 · Vol —x
2026-07-28S2
Wk 6 · Vol —x
2026-07-27S2
Wk 5 · Vol —x
2026-07-24S2
Wk 5 · Vol —x
2026-07-23S2
Wk 5 · Vol —x
Sector Peers — Stage 2All →
GULFPETRO
wk 7 · 0.0% from hi
9.4
APCOTEXIND
wk 13 · -9.8% from hi
9.4
ASAHISONG
wk 6 · -7.4% from hi
9.0
LLOYDSME
wk 15 · 0.0% from hi
8.9
GANESHBE
wk 13 · -3.6% from hi
8.9
Moving averages & range
50 DMA
₹1,063.6
200 DMA
₹866.1
52W High
₹1,230.5
52W Low
₹555.4
5D Low
₹995.3
Resistance levels (recent highs)
20d High
₹1,099.6
60d High
₹1,230.5
120d High
₹1,230.5
250d High
₹1,230.5
Next resistance
+10.5%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.