Globe Enterprises (India) Ltd

Stage 4 · Declining · week 23

As of 16 Oct 2026, Globe Enterprises (India) is in Stage 4 — declining, a downtrend, in week 23 (since 8 May 2026). It closed at ₹2.05, 34.9% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 29.6% of stocks are in Stage 2.

Globe Enterprises (India) Limited engages in the manufacture and sale of textile and apparel in India. More about the company

₹2.1
+1.49% today
₹92 Cr · Micro cap
Market Neutral — FadingConsumer Discretionary 29.6% in Stage 2-5.1 pts / 20dApparel & Accessories 15.0%-7.5 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is GLOBE 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
-34.9%
₹1.8 lo₹3.2 hi
34.9% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 23
1w13w26w
Week 23 — 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
-13.1%
200 DMA: ₹2.4 · 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
0.10x
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
↑ ⇈
Accelerating · MA20 +5.8% vs MA50 -0.1% / 10d
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
+15.8%
3M
-4.7%
6M
-19.9%
YTD
-18.0%
1Y
-7.7%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.6%
20d Δ
-5.1pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 133 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Apparel & Accessories
↓ Peaking
Stage 2%
15.0%
20d Δ
-7.5pp
1M return
+2.3%
3M return
+1.1%
Industry Stage-2 % · last 20 days
Industry has 6 Stage 2 leaders. See Apparel & Accessories Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 17w
S4 37w
S4 23w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 3w → 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 23w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-02-26
5 appearances in last 60 days. First seen: 2024-01-19.
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 23 · Vol 0.10x
2026-10-15S4
Wk 23 · Vol 1.70x
2026-10-14S4
Wk 23 · Vol 0.13x
2026-10-13S4
Wk 23 · Vol 0.52x
2026-10-12S4
Wk 22 · Vol 0.28x
2026-10-09S4
Wk 22 · Vol 0.62x
2026-10-08S4
Wk 22 · Vol 1.07x
2026-10-07S4
Wk 22 · Vol 0.22x
2026-10-06S4
Wk 22 · Vol 0.66x
2026-10-05S4
Wk 21 · Vol 0.34x
2026-10-01S4
Wk 21 · Vol 0.69x
2026-09-30S4
Wk 21 · Vol 0.60x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹2
200 DMA
₹2.4
52W High
₹3.2
52W Low
₹1.8
5D Low
₹2
Resistance levels (recent highs)
20d High
₹2.3
60d High
₹2.3
120d High
₹2.5
250d High
₹3.2
Next resistance
+10.2%
to 20d High
Ask the Market AI about GLOBEAsk →
P/E (TTM)
14.8
Forward —
Earnings Growth (YoY)
+38.8%
Revenue +40.9%
ROE
+6.3%
Profit margin +1.4%
About this companyConsumer Discretionary· Apparel & Accessories

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.

Visit company website →

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.