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GLOBE · Consumer Discretionary · 2026-08-21

Globe Enterprises (India) Ltd

Stage 4 · wk 15In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹2
-1.50% today
₹89 Cr · Micro cap
About this companyConsumer Discretionary· Apparel & Accessories
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Globe Enterprises (India) Limited engages in the manufacture and sale of textile and apparel in India. It offers denim and non-denim fabrics; shirting fabrics, such as printed linens, suiting prints, and dyed shirting fabrics; printed fabrics, including polyester print fabrics, chadri voiles, sarongs, scarfs, polyester dyed fabrics, cotton prints, and cotton dyed fabrics; and jeans and shorts for men and women under the AFFORD, INDIGIRL, and INDIGEN X brand names. The company also provides yarns; home textiles, which include bedsheets, comforters, fitted and flat sheets, curtains, table linens, pillow covers, and fancy cushions; fancy dresses, top and bottom sets, sweatshirts, and jogger sets in kids wear; tops, dresses, shorts, palazzo-tees, and knit shirts in womenswear; and knit shirts and casualwear for men, as well as shirts and t-shirts, nightwear for kids and women, and jackets. In addition, it is involved in the denim washing and finishing. The company also exports its products. The company was formerly known as Globe Textiles (India) Limited and changed its name to Globe Enterprises (India) Limited in October 2025. Globe Enterprises (India) Limited was incorporated in 1995 and is based in Ahmedabad, India.

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P/E (TTM)
14.8
Forward —
Earnings Growth (YoY)
+38.8%
Revenue +40.9%
ROE
+6.3%
Profit margin +1.4%
vs 52W High
-37.5%
₹2 lo₹3.2 hi
37.5% 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 15
1w13w26w
Week 15 — established downtrend
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
-20.6%
200 DMA: ₹2.5 · 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
0.93x
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 · -3.4% vs MA50 -5.6%
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
Consumer Discretionary
↑ Building
Stage 2%
42.0%
20d Δ
+6.4pp
1M return
+6.2%
3M return
+13.2%
Sector Stage-2 % · last 20 days
Sector has 170 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Apparel & Accessories
↑ Building
Stage 2%
31.6%
20d Δ
+10.5pp
1M return
-1.2%
3M return
+4.0%
Industry Stage-2 % · last 20 days
Industry has 12 Stage 2 leaders. See Apparel & Accessories Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 17w
S4 37w
S4 15w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 2w → S1 8w → S4 6w → S1 2w → S2 10w → S3 5w → S2 17w → S3 3w → S4 5w → S1 2w → S2 12w → S3 11w → S2 2w → S3 3w → S4 37w → S1 5w → S2 10w → S3 2w → S2 3w → S3 7w → S4 15w current
Total tracked: 168 weeks across 21 stage runs.
1M
-7.5%
3M
-17.9%
6M
-26.8%
YTD
-32.1%
1Y
-8.8%
Scan Membership
Breakout Watch
Latest: 2026-02-26
5 appearances in last 60 days. First seen: 2024-01-19.
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 15 · Vol x
2026-08-20S4
Wk 15 · Vol x
2026-08-19S4
Wk 15 · Vol x
2026-08-18S4
Wk 15 · Vol x
2026-08-17S4
Wk 14 · Vol x
2026-08-14S4
Wk 14 · Vol x
2026-08-13S4
Wk 14 · Vol x
2026-08-12S4
Wk 14 · Vol x
2026-08-11S4
Wk 14 · Vol x
2026-08-10S4
Wk 13 · Vol x
2026-08-07S4
Wk 13 · Vol x
2026-08-06S4
Wk 13 · Vol x
Sector Peers — Stage 2All →
RBA
wk 9 · -2.0% from hi
9.4
EMIL
wk 8 · -3.6% from hi
9.2
MOTHERSON
wk 12 · -0.6% from hi
8.9
PRICOLLTD
wk 4 · -1.2% from hi
8.8
SUNDRMFAST
wk 4 · -1.1% from hi
8.8
Moving averages & range
50 DMA
₹2.1
200 DMA
₹2.5
52W High
₹3.2
52W Low
₹2
5D Low
₹2
Resistance levels (recent highs)
20d High
₹2.2
60d High
₹2.4
120d High
₹2.7
250d High
₹3.2
Next resistance
+9.6%
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.