Greenlam Industries Ltd

Stage 4 · Declining · week 2

As of 16 Oct 2026, Greenlam Industries is in Stage 4 — declining, a downtrend, in week 2 (since 9 Oct 2026). It closed at ₹215, 21.5% below its 52-week high and below its 200-day average, which is falling. In Industrials, 25.5% of stocks are in Stage 2.

Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and related allied products in India and internationally. More about the company

₹215
+0.66% today
₹5,485 Cr · Mid cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dBuilding Products - Laminates 0.0%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is GREENLAM 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
-21.5%
₹202.3 lo₹273.7 hi
21.5% 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 2
1w13w26w
Week 2 — early Stage 4 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
-9.7%
200 DMA: ₹238.1 · 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
0.12x
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 · -5.5% vs MA50 -5.8%
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
-6.9%
3M
-13.8%
6M
-3.2%
YTD
-13.4%
1Y
-15.2%
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
Building Products - Laminates
→ Flat
Stage 2%
0.0%
20d Δ
+0.0pp
1M return
-10.1%
3M return
-18.9%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 15w
S4 15w
S4 14w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 9w → S3 7w → S2 13w → S3 10w → S2 15w → S3 9w → S4 10w → S1 7w → S2 3w → S4 15w → S1 9w → S4 6w → S1 5w → S2 9w → S3 9w → S4 14w → S1 5w → S2 8w → S3 4w → S4 1w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Prop Scan
Latest: 2026-08-20
Breakout Watch
Latest: 2026-07-16
20 appearances in last 60 days. First seen: 2024-04-22.
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 2 · Vol 0.12x
2026-10-15S4
Wk 1 · Vol 0.32x
2026-10-14S4
Wk 1 · Vol 0.10x
2026-10-13S4
Wk 1 · Vol 0.51x
2026-10-12S4
Wk 1 · Vol 0.20x
2026-10-09S43→4
Wk 1 · Vol 0.36x
2026-10-08S3
Wk 4 · Vol 0.25x
2026-10-07S3
Wk 4 · Vol 0.31x
2026-10-06S3
Wk 4 · Vol 0.37x
2026-10-05S3
Wk 4 · Vol 0.45x
2026-10-01S3
Wk 3 · Vol 0.81x
2026-09-30S3
Wk 3 · Vol 0.46x
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
₹234.4
200 DMA
₹238.1
52W High
₹273.7
52W Low
₹202.3
5D Low
₹208.1
Resistance levels (recent highs)
20d High
₹231.5
60d High
₹273.7
120d High
₹273.7
250d High
₹273.7
Next resistance
+7.7%
to 20d High
Ask the Market AI about GREENLAMAsk →
P/E (TTM)
104.9
Forward 23.4
Earnings Growth (YoY)
+3243.8%
Revenue +27.0%
ROE
+4.9%
Profit margin +1.8%
Dividend Yield
0.17%
P/B 5.3
About this companyIndustrials· Building Products - Laminates

Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and related allied products in India and internationally. The company operates through Laminate & Allied Products, Veneer & Allied Products, and Plywood & Allied Products segments. It offers laminates for homes, kitchens, offices, or other premises; decorative and designer laminates for kitchen, wardrobe, doors, living room, office, or commercial spaces; compact laminates for restroom cubicles, lockers, furniture, panels, work tops, lab furniture, and facades; and laminates for exterior and interior claddings. The company also provides melamine faced chip boards; decorative veneers; engineered wood flooring products; engineered doors and door frames; and prelaminated particle boards and plywood. It offers its products under the Greenlam Laminates, New Mika, Decowood, Greenlam Sturdo, Greenlam Clads, Mikasa Floors, Mikasa Decowood Veneers, Splendor Laminates, Mikasa Plywood, NewMika Laminates, NewMika FX, Greenlam MFC, and Mikasa Doors & Frames brand names. The company serves institutions; hospitality and health care sectors; luxury retail segment; and fast-food chains. It sells its products through a network of distributors, dealers, and retailers. Greenlam Industries Limited was founded in 1993 and is based in New Delhi, India.

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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.