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ENERGYDEV · Utilities · 2026-08-21

Energy Development Company Ltd

Stage 1 · wk 13In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹16.4
-0.91% today
₹78 Cr · Micro cap
About this companyUtilities· Renewable Energy
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Energy Development Company Limited, together with its subsidiaries, generates and sells electricity from water and wind to various electricity boards in India. It operates through three divisions: Generation, Contract, and Trading. The company owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the state of Karnataka; 7 MW Ullunkal and 15 MW Karikkayam hydro-electric power plants in the state of Kerala; and 2 windmills with 1.5 MW each in the districts of Hassan and Chitradurga in Karnataka. It also constructs, develops, implements, operates, and maintains projects and consultancies; and trades in power equipment and metals. In addition, the company provides engineering, consultancy, and project management services for hydroelectric power plants; pre-project planning, project support, project preparation, post-construction, and detailed engineering services; third party power plant operations and maintenance services; and rehabilitation, renovation, modernization, and uprating consultancy and services for ageing hydro power plants. Further, it is involved in the cogeneration or the combined generation of heat and power from a single fuel source, such as bagasse. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata, India.

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vs 52W High
-40.3%
₹13.2 lo₹27.4 hi
40.3% below 52W high
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 13
1w13w26w
Week 13 — base building
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
-7.3%
200 DMA: ₹17.6 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.28x
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 · -1.8% 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.
Sector
Utilities
↑ Building
Stage 2%
28.1%
20d Δ
+8.4pp
1M return
-3.1%
3M return
-3.5%
Sector Stage-2 % · last 20 days
Sector has 15 Stage 2 leaders. See Utilities Stage 2 →
Industry
Renewable Energy
↑ Building
Stage 2%
15.8%
20d Δ
+5.3pp
1M return
-3.4%
3M return
-1.8%
Industry Stage-2 % · last 20 days
Industry has 3 Stage 2 leaders. See Renewable Energy Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-26 → 2026-08-21
S2 22w
S4 14w
S4 16w
2023-05-262026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 3w → S1 1w → S4 1w → S1 6w → S4 4w → S1 4w → S2 22w → S3 11w → S2 4w → S3 4w → S2 11w → S3 4w → S4 3w → S3 1w → S2 9w → S3 2w → S4 14w → S1 13w → S4 12w → S1 1w → S2 8w → S3 2w → S4 16w → S1 13w current
Total tracked: 168 weeks across 24 stage runs.
1M
-2.9%
3M
-3.3%
6M
-2.3%
YTD
-14.4%
1Y
-17.4%
Scan Membership
Breakout Watch
Latest: 2025-11-21
4 appearances in last 60 days. First seen: 2024-05-27.
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
2026-08-21S1
Wk 13 · Vol x
2026-08-20S1
Wk 13 · Vol x
2026-08-19S1
Wk 13 · Vol x
2026-08-18S1
Wk 13 · Vol x
2026-08-17S1
Wk 13 · Vol x
2026-08-14S1
Wk 12 · Vol x
2026-08-13S1
Wk 12 · Vol x
2026-08-12S1
Wk 12 · Vol x
2026-08-11S1
Wk 12 · Vol x
2026-08-10S1
Wk 12 · Vol x
2026-08-07S1
Wk 11 · Vol x
2026-08-06S1
Wk 11 · Vol x
Sector Peers — Stage 2All →
UEL
wk 2 · -33.6% from hi
8.0
QPOWER
wk 2 · -6.7% from hi
6.8
KPIL
wk 12 · -2.4% from hi
6.6
IRMENERGY
wk 1 · -24.0% from hi
6.4
GIPCL
wk 8 · -10.8% from hi
5.8
Moving averages & range
50 DMA
₹16.8
200 DMA
₹17.6
52W High
₹27.4
52W Low
₹13.2
5D Low
₹16.4
Resistance levels (recent highs)
20d High
₹17.1
60d High
₹18.1
120d High
₹18.1
250d High
₹27.4
Next resistance
+4.8%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.