Hariom Pipe Industries Ltd

Stage 4 · Declining · week 3

As of 16 Oct 2026, Hariom Pipe Industries is in Stage 4 — declining, a downtrend, in week 3 (since 1 Oct 2026). It closed at ₹334, 30.1% below its 52-week high and below its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. More about the company

₹334.4
+1.12% today
₹1,035 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dBuilding Products - Pipes 39.1%-8.7 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is HARIOMPIPE 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
-30.1%
₹270.2 lo₹478.1 hi
30.1% 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 3
1w13w26w
Week 3 — 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
-8.1%
200 DMA: ₹363.9 · 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
0.36x
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 · -3.6% 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.
1M
-4.6%
3M
-17.1%
6M
+12.0%
YTD
-7.0%
1Y
-28.8%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
39.1%
20d Δ
-8.7pp
1M return
+2.8%
3M return
+11.6%
Industry Stage-2 % · last 20 days
Industry has 9 Stage 2 leaders. See Building Products - Pipes Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 14w
S4 24w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 3w → S3 9w → S2 14w → S3 3w → S4 12w → S1 10w → S2 13w → S3 6w → S4 24w → S1 13w → S2 10w → S3 5w → S4 8w → S1 6w → S4 11w → S1 6w → S2 6w → S3 5w → S4 2w current
Total tracked: 167 weeks across 19 stage runs.
Scan Membership
Prop Scan
Latest: 2026-07-27
Breakout Watch
Latest: 2026-07-16
9 appearances in last 60 days. First seen: 2024-07-23.
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 3 · Vol 0.36x
2026-10-15S4
Wk 2 · Vol 0.42x
2026-10-14S4
Wk 2 · Vol 0.36x
2026-10-13S4
Wk 2 · Vol 0.95x
2026-10-12S4
Wk 2 · Vol 0.60x
2026-10-09S4
Wk 2 · Vol 0.90x
2026-10-08S4
Wk 1 · Vol 0.72x
2026-10-07S4
Wk 1 · Vol 0.83x
2026-10-06S4
Wk 1 · Vol 0.73x
2026-10-05S4
Wk 1 · Vol 0.76x
2026-10-01S43→4
Wk 1 · Vol 0.94x
2026-09-30S3
Wk 6 · Vol 0.35x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹352.7
200 DMA
₹363.9
52W High
₹478.1
52W Low
₹270.2
5D Low
₹330.7
Resistance levels (recent highs)
20d High
₹362.9
60d High
₹405.6
120d High
₹429.1
250d High
₹478.1
Next resistance
+8.5%
to 20d High
Ask the Market AI about HARIOMPIPEAsk →
P/E (TTM)
19.5
Forward —
Earnings Growth (YoY)
+74.6%
Revenue +29.3%
ROE
+12.4%
Profit margin +4.5%
Dividend Yield
0.14%
P/B 2.0
About this companyIndustrials· Building Products - Pipes

Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. It offers mild steel pipes, tubes, and billets; hot and cold rolled square, rectangular, and circular pipes and tubes; hot dipped galvanized pipes; pre galvanized pipes; and cold rolled full hard, pre galvanized, hot rolled pickled and oiled, and cold rolled closed annealed slit coils. The company also provides scaffolding solutions, such as cuplocks, telescopic props/adjustable props/jacks, spans/acro spans/telescopic spans/adjustable spans, H frame systems, fixed base plates, adjustable base plates, stirrup head/universal jacks, spigot/joint pins, jalli/plank/platform products, and clamps/ couplers. It offers its products for various applications, including chemical, construction, automotive, manufacturing, infrastructure, steel manufacturing, ferroalloy production, powder metallurgy, furniture and interior design, fabrication, maintenance, events, metal fabrication, automotive parts manufacturing, industrial, irrigation, plumbing systems, agricultural machinery, roofing, industrial equipment, and transportation. Hariom Pipe Industries Limited was incorporated in 2007 and is based in Hyderabad, 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.