Energy Development Company Ltd

Stage 4 · Declining · week 7

As of 16 Oct 2026, Energy Development Company is in Stage 4 — declining, a downtrend, in week 7 (since 28 Aug 2026). It closed at ₹14.32, 47.7% below its 52-week high and below its 200-day average, which is falling. In Utilities, 9.7% of stocks are in Stage 2.

Energy Development Company Limited, together with its subsidiaries, generates and sells electricity from water and wind to various electricity boards in India. More about the company

₹14.3
+0.28% today
₹68 Cr · Micro cap
Market Neutral — FadingUtilities 9.7% in Stage 2-4.8 pts / 20dRenewable Energy 4.8%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-47.7%
₹13.2 lo₹27.4 hi
47.7% 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 7
1w13w26w
Week 7 — early Stage 4 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
-13.0%
200 DMA: ₹16.5 · 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
0.39x
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
↓
MA20 rolling over · -2.7% vs MA50 -6.2%
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
+1.7%
3M
-16.1%
6M
-17.6%
YTD
-27.7%
1Y
-29.2%
Sector
Utilities
↓ Peaking
Stage 2%
9.7%
20d Δ
-4.8pp
1M return
-2.2%
3M return
-10.5%
Sector Stage-2 % · last 20 days
Sector has 6 Stage 2 leaders. See Utilities Stage 2 →
Industry
Renewable Energy
→ Flat
Stage 2%
4.8%
20d Δ
+0.0pp
1M return
-0.0%
3M return
-10.6%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Renewable Energy Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 22w
S4 14w
S4 16w
S1 14w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 2w → 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 14w → S4 7w current
Total tracked: 168 weeks across 22 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-11-21
4 appearances in last 60 days. First seen: 2024-05-27.
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
2026-10-16S4
Wk 7 · Vol 0.39x
2026-10-15S4
Wk 7 · Vol 0.66x
2026-10-14S4
Wk 7 · Vol 1.10x
2026-10-13S4
Wk 7 · Vol 0.85x
2026-10-12S4
Wk 6 · Vol 2.22x
2026-10-09S4
Wk 6 · Vol 0.49x
2026-10-08S4
Wk 6 · Vol 0.81x
2026-10-07S4
Wk 6 · Vol 1.33x
2026-10-06S4
Wk 6 · Vol 0.31x
2026-10-05S4
Wk 5 · Vol 0.37x
2026-10-01S4
Wk 5 · Vol 0.43x
2026-09-30S4
Wk 5 · Vol 1.22x
Sector Peers — Stage 2All →
QPOWER
wk 9 · -11.8% from hi
5.8
KPIL
wk 20 · -6.5% from hi
4.8
GIPCL
wk 16 · -18.6% from hi
4.4
UEL
wk 10 · -30.7% from hi
4.4
SKIPPER
wk 19 · -12.9% from hi
3.9
Moving averages & range
50 DMA
₹15.3
200 DMA
₹16.5
52W High
₹27.4
52W Low
₹13.2
5D Low
₹13.4
Resistance levels (recent highs)
20d High
₹15.3
60d High
₹17.5
120d High
₹18.1
250d High
₹27.4
Next resistance
+6.5%
to 20d High
Ask the Market AI about ENERGYDEVAsk →
About this companyUtilities· Renewable Energy

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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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.