Ester Industries Ltd

Stage 1 · Basing · week 1

As of 16 Oct 2026, Ester Industries is in Stage 1 — basing, not yet in an uptrend, in its first week (since 14 Oct 2026). It closed at ₹91.25, 23.5% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Ester Industries Limited engages in the manufacture and sale of polyester films in India and internationally. More about the company

₹91.3
-1.07% today
₹952 Cr · Small cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dCommodity Chemicals 50.0%-4.5 pts

Pro read

Pro

Our read

Basing — not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is ESTER 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
-23.5%
₹70.7 lo₹119.3 hi
23.5% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 1
1w13w26w
Week 1 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
-2.1%
200 DMA: ₹93.2 · 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
0.45x
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 gently rising · +1.8% vs MA50 +1.1%
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.
1M
+5.8%
3M
+2.8%
6M
-0.9%
YTD
-15.2%
1Y
-22.3%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Commodity Chemicals
↓ Peaking
Stage 2%
50.0%
20d Δ
-4.5pp
1M return
+3.0%
3M return
+3.1%
Industry Stage-2 % · last 20 days
Industry has 33 Stage 2 leaders. See Commodity Chemicals Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 26w
S2 14w
S2 16w
S4 29w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 26w → S1 11w → S4 3w → S3 1w → S2 14w → S3 1w → S2 16w → S3 3w → S2 7w → S3 5w → S4 11w → S1 8w → S4 12w → S1 4w → S4 29w → S1 4w → S4 5w → S1 5w → S4 2w → S1 1w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Breakout Watch
Latest: 2024-12-26
3 appearances in last 60 days. First seen: 2024-04-26.
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
2026-10-16S1
Wk 1 · Vol 0.45x
2026-10-15S1
Wk 1 · Vol 0.10x
2026-10-14S14→1
Wk 1 · Vol 0.08x
2026-10-13S4
Wk 2 · Vol 0.17x
2026-10-12S4
Wk 2 · Vol 0.06x
2026-10-09S4
Wk 2 · Vol 0.19x
2026-10-08S4
Wk 2 · Vol 0.63x
2026-10-07S4
Wk 2 · Vol 0.23x
2026-10-06S4
Wk 1 · Vol 0.51x
2026-10-05S4
Wk 1 · Vol 0.47x
2026-10-01S4
Wk 1 · Vol 3.47x
2026-09-30S4
Wk 1 · Vol 22.81x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹92.7
200 DMA
₹93.2
52W High
₹119.3
52W Low
₹70.7
5D Low
₹91.3
Resistance levels (recent highs)
20d High
₹101.2
60d High
₹104.5
120d High
₹104.5
250d High
₹119.3
Next resistance
+10.9%
to 20d High
Ask the Market AI about ESTERAsk →
Earnings Growth (YoY)
+285.7%
Revenue +7.7%
ROE
-3.5%
Profit margin -2.0%
Dividend Yield
0.63%
P/B 1.2
About this companyMaterials· Commodity Chemicals

Ester Industries Limited engages in the manufacture and sale of polyester films in India and internationally. The company operates through three segments: Polyester Films (BOPET), Specialty Polymers, and R – PET. The company offers polyester films comprising special chemical coated, metalized high and ultra-high barrier, transparent high barrier, isotropic, heat seal, retort, shrink sleeve, matte, UV stabilized, white opaque, gold, embossable, high clear, high friction, insulation, twist, antistatic, one side matte one side gloss, antifog, antifog sealable peelable, antimony-free, biodegradable, chemical resistance, digital printing, direct UV offset printable polyester, EVA coated, flame retardant, low friction silky matte, low emisivity, milky white, oxo-biodegradable, PVDC coated, post-consumer recycled, pre-primed, release/transfer, retort, sealable peelable, silky matte, straight tear polyethylene terephthalate (PET), thermoformable, velvet touch, and window metalized films, as well as printing, converting, and metallizing films. In addition, the company offers specialty polymers comprising masterbatches; technical yarns; textile grades for textile applications; PET for food and packaging applications; and polyester chips. It serves the food packaging, beverage packaging, home and personal care, industrial packaging, construction, identification and security, automotive, electrical and electronics, appliance, consumer and industrial goods, carpet, and textile industry markets. It also exports its products. The company was incorporated in 1985 and is headquartered in Gurugram, India. Ester Industries Limited is a subsidiary of Wilemina Finance Corporation.

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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.