ESSARSHPNG· Industrials› Logistics

Essar Shipping Ltd

Stage 4 · Declining · week 39

As of 16 Oct 2026, Essar Shipping is in Stage 4 — declining, a downtrend, in week 39 (since 16 Jan 2026). It closed at ₹16.17, 60.7% below its 52-week high and below its 200-day average, which is falling. In Industrials, 25.5% of stocks are in Stage 2.

Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services in India, Mauritius, and Indonesia. More about the company

₹16.2
+0.94% today
₹336 Cr · Micro cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dLogistics 28.3%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-60.7%
₹15.5 lo₹41.1 hi
60.7% 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 39
1w13w26w
Week 39 — 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
-28.6%
200 DMA: ₹22.6 · 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
0.38x
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 flat · +0.3% vs MA50 -9.0%
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.
1M
+4.1%
3M
-21.2%
6M
-40.4%
YTD
-41.5%
1Y
-51.8%
Sector
Industrials
↓ Peaking
Stage 2%
25.5%
20d Δ
-2.0pp
1M return
-0.9%
3M return
-2.5%
Sector Stage-2 % · last 20 days
Sector has 125 Stage 2 leaders. See Industrials Stage 2 →
Industry
Logistics
→ Flat
Stage 2%
28.3%
20d Δ
+0.0pp
1M return
+0.6%
3M return
+1.7%
Industry Stage-2 % · last 20 days
Industry has 13 Stage 2 leaders. See Logistics Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 33w
S2 16w
S4 22w
S4 39w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 33w → S3 10w → S2 16w → S3 12w → S4 22w → S1 9w → S4 12w → S1 3w → S2 8w → S3 2w → S4 39w current
Total tracked: 168 weeks across 11 stage runs.
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
2026-10-16S4
Wk 39 · Vol 0.38x
2026-10-15S4
Wk 38 · Vol 0.22x
2026-10-14S4
Wk 38 · Vol 0.28x
2026-10-13S4
Wk 38 · Vol 0.42x
2026-10-12S4
Wk 38 · Vol 0.30x
2026-10-09S4
Wk 38 · Vol 0.34x
2026-10-08S4
Wk 37 · Vol 0.66x
2026-10-07S4
Wk 37 · Vol 0.36x
2026-10-06S4
Wk 37 · Vol 0.91x
2026-10-05S4
Wk 37 · Vol 1.01x
2026-10-01S4
Wk 37 · Vol 4.08x
2026-09-30S4
Wk 36 · Vol 26.52x
Sector Peers — Stage 2All →
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHREEJISPG
wk 17 · 0.0% from hi
8.4
SHIVAUM
wk 28 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
SPECTRUM
wk 19 · -3.3% from hi
8.2
Moving averages & range
50 DMA
₹16.8
200 DMA
₹22.6
52W High
₹41.1
52W Low
₹15.5
5D Low
₹16
Resistance levels (recent highs)
20d High
₹18.9
60d High
₹20.6
120d High
₹29.4
250d High
₹41.1
Next resistance
+16.8%
to 20d High
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About this companyIndustrials· Logistics

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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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.