Skip to main content
GOODLUCK · Materials · 2026-08-21

Goodluck India Ltd

3.4WatchWeak -5.0Stage 2 · wk 16In scan: Prop Scan · Pullback HunterMARKET: BULL RISING · 2026-08-21
₹490.9
-65.90% today
₹4,895 Cr · Small cap
About this companyMaterials· Iron & Steel
Expand ▾

Goodluck India Limited manufactures and supplies precision engineering and steel products in India. The company provides electric resistance welded and cold drawn welded tubes, custom forgings, power and telecom towers, solar structures, ERW hot dip galvanized pipes, black pipes, black and GI hollow sections, cold formed profile, road safety products, galvanized plain, corrugated sheets, CR coils, CRCA sheets and pipes, forgings and flanges, telecom and transmission line towers, substation structure, road and railways bridge, and road safety equipment. It offers two-wheeler frame, hydraulic cylinder, boiler, crash bumper, engine mounting, and exhaust tubes; CBQ pressure outers; TFF-front fork; drive shaft; rear axles; sections; control arms; fuel lines; furniture; section pipes; and cycle frame, forks, and hub tubes. In addition, the company provides stub-ends/collors, spectacle blind, valve/SRN nozzle, and tube sheet for oil and gas applications; forged body, block, bars, and shape forging; valve forging, ICV, MSV valve, nonstandard, and strainers; and flush ring, nut NPT, nipple, taper union, nut, assembly, and hygiene flange. Further, it offers overhead electrification and substation structure; and fabricated structures for railway and road bridges, roads and expressways, building structures, launching girder, boiler structure, and defense fabrication. The company serves clients from public and private sector OEMs, and central and state government entities. It also exports its products to the United Kingdom, the United States, South Africa, the United Arab Emirates, Germany, and France. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.

Visit company website →
P/E (TTM)
27.0
Forward 13.5
Earnings Growth (YoY)
+5.9%
Revenue +10.1%
Dividend Yield
0.49%
P/B 3.4
vs 52W High
-69.9%
₹490.9 lo₹1,629.4 hi
69.9% below 52W high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 16
1w13w26w
Week 16 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
-60.1%
200 DMA: ₹1,230.3 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
2.30x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 rolling over · -9.6% vs MA50 +1.2%
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
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
This stock ranks #158 of 158 Stage 2 stocks in Materials by RS. Lagging sector peers.
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Ranks #28 of 28 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 33w
S4 19w
S2 24w
S2 15w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 5w → S3 4w → S2 33w → S3 12w → S2 4w → S3 1w → S1 6w → S2 10w → S3 7w → S4 19w → S1 6w → S2 24w → S3 9w → S4 1w → S1 4w → S4 4w → S1 1w → S2 15w current
Total tracked: 167 weeks across 18 stage runs.
1M
-67.8%
3M
-65.8%
6M
-56.6%
YTD
-53.1%
1Y
-50.4%
Scan Membership
Prop Scan
Latest: 2026-08-10
Pullback Hunter
Latest: 2026-07-16
60 appearances in last 60 days. First seen: 2026-06-08.
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
2026-08-21S2
Wk 16 · Vol x
2026-08-20S2
Wk 15 · Vol x
2026-08-19S2
Wk 15 · Vol x
2026-08-18S2
Wk 15 · Vol x
2026-08-17S2
Wk 15 · Vol x
2026-08-14S2
Wk 15 · Vol x
2026-08-13S2
Wk 14 · Vol x
2026-08-12S2
Wk 14 · Vol x
2026-08-11S2
Wk 14 · Vol x
2026-08-10S2
Wk 14 · Vol x
2026-08-07S2
Wk 14 · Vol x
2026-08-06S2
Wk 13 · Vol x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹1,443
200 DMA
₹1,230.3
52W High
₹1,629.4
52W Low
₹490.9
5D Low
₹490.9
Resistance levels (recent highs)
20d High
₹1,534.1
60d High
₹1,629.4
120d High
₹1,629.4
250d High
₹1,629.4
Next resistance
+212.5%
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.