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ESSARSHPNG · Industrials · 2026-08-21

Essar Shipping Ltd

Stage 4 · wk 30In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹17
+6.73% today
₹353 Cr · Micro cap
About this companyIndustrials· Logistics
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Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services in India, Mauritius, and Indonesia. It operates through Fleet operating and chartering and Oilfields services segments. The company engages in the fleet operating and chartering activities consisting of tankers and dry bulkers; oilfields services, such as land and semi- submersible rigs; and logistics services, including trucks, trailers, and tippers. It also offers contract drilling services to oil and gas companies, and operates international and coastal voyages. The company was formerly known as Essar Shipping Ports & Logistics Ltd., Shipping, Logistics & Oilfields Services Businesses. The company was incorporated in 2010 and is based in Mumbai, India. Essar Shipping Limited is a subsidiary of Essar Shipping Mauritius Holdings Limited.

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vs 52W High
-58.7%
₹15.8 lo₹41.1 hi
58.7% 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 30
1w13w26w
Week 30 — 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
-33.0%
200 DMA: ₹25.3 · 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
6.34x
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 · -7.0% vs MA50 -8.0%
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
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Logistics
↑ Building
Stage 2%
41.5%
20d Δ
+9.8pp
1M return
+5.6%
3M return
+8.4%
Industry Stage-2 % · last 20 days
Industry has 14 Stage 2 leaders. See Logistics Stage 2 →
Price + Volume Chart
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Stage Cycle Timeline2023-05-26 → 2026-08-21
S2 38w
S2 16w
S4 22w
S4 31w
2023-05-262026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 2w → S1 1w → S2 38w → S3 10w → S2 16w → S3 12w → S4 22w → S1 9w → S4 12w → S1 3w → S2 8w → S3 2w → S4 31w current
Total tracked: 168 weeks across 13 stage runs.
1M
-15.3%
3M
-28.5%
6M
-38.8%
YTD
-38.7%
1Y
-35.9%
Scan Membership
Breakout Watch
Latest: 2025-11-06
2 appearances in last 60 days. First seen: 2024-05-23.
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
2026-08-21S4
Wk 30 · Vol x
2026-08-20S4
Wk 30 · Vol x
2026-08-19S4
Wk 30 · Vol x
2026-08-18S4
Wk 30 · Vol x
2026-08-17S4
Wk 30 · Vol x
2026-08-14S4
Wk 29 · Vol x
2026-08-13S4
Wk 29 · Vol x
2026-08-12S4
Wk 29 · Vol x
2026-08-11S4
Wk 29 · Vol x
2026-08-10S4
Wk 29 · Vol x
2026-08-07S4
Wk 28 · Vol x
2026-08-06S4
Wk 28 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹21
200 DMA
₹25.3
52W High
₹41.1
52W Low
₹15.8
5D Low
₹15.8
Resistance levels (recent highs)
20d High
₹20.6
60d High
₹24.5
120d High
₹29.4
250d High
₹41.1
Next resistance
+21.2%
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.