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HLE Glascoat Ltd

Stage 2 · Advancing · week 2Setup 6.0 ★ FairSolid +1.1

As of 16 Oct 2026, HLE Glascoat is in Stage 2 — advancing, the uptrend phase, in week 2 (since 5 Oct 2026). It closed at ₹415, 35.6% below its 52-week high and above its 200-day average, which is falling. In Industrials, 25.5% of stocks are in Stage 2.

HLE Glascoat Limited manufactures and sells carbon steel glass lined equipment in India and internationally. More about the company

₹415.3
+4.02% today
₹2,884 Cr · Small cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dIndustrial Machinery 33.7%-1.0 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

6.0 ★ Fair

Momentum

Accelerating ⇈

Edge

Solid +1.1

Setup-score rank among Stage 2 peers: #16 of 34 in Industrial Machinery · #49 of 130 in Industrials

Is HLEGLAS early, or has it already run? Pro answers that for every NSE stock, after every close.

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vs 52W High
-35.6%
₹251 lo₹645 hi
35.6% below 52W high — far from 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 2
1w13w26w
Week 2 — fresh breakout, verify structure
How long this stock has been in Stage 2. The sweet spot is mid-run — 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
13.0%
200 DMA: ₹367.5 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.24x
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
↑ ⇈
Accelerating · MA20 +7.0% vs MA50 +1.4% / 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
-0.4%
3M
-1.6%
6M
+27.0%
YTD
-10.1%
1Y
-17.0%
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
This stock ranks #111 of 125 Stage 2 stocks in Industrials by RS. Lagging sector peers.
Industry
Industrial Machinery
→ Flat
Stage 2%
33.7%
20d Δ
-1.0pp
1M return
+0.7%
3M return
-1.3%
Industry Stage-2 % · last 20 days
Ranks #32 of 33 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 15w
S4 18w
S4 39w
S2 23w
S4 17w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 4w → S3 6w → S4 15w → S1 6w → S4 18w → S1 8w → S4 39w → S1 4w → S2 23w → S3 9w → S4 17w → S1 10w → S2 3w → S3 5w → S2 2w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-07
Breakout Watch
Latest: 2026-10-05
7 appearances in last 60 days. First seen: 2025-06-20.
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
2026-10-16S2
Wk 2 · Vol 0.24x
2026-10-15S2
Wk 2 · Vol 0.21x
2026-10-14S2
Wk 2 · Vol 0.23x
2026-10-13S2
Wk 2 · Vol 0.24x
2026-10-12S2
Wk 2 · Vol 0.55x
2026-10-09S2
Wk 1 · Vol 0.53x
2026-10-08S2
Wk 1 · Vol 0.32x
2026-10-07S2
Wk 1 · Vol 0.80x
2026-10-06S2
Wk 1 · Vol 0.33x
2026-10-05S23→2
Wk 1 · Vol 0.27x
2026-10-01S3
Wk 5 · Vol 0.54x
2026-09-30S3
Wk 5 · Vol 0.30x
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
₹384.2
200 DMA
₹367.5
52W High
₹645
52W Low
₹251
5D Low
₹399.3
Resistance levels (recent highs)
20d High
₹469.5
60d High
₹474.5
120d High
₹474.5
250d High
₹645
Next resistance
+13.0%
to 20d High
P/E (TTM)
45.5
Forward —
Earnings Growth (YoY)
-47.5%
Revenue +17.1%
ROE
+9.6%
Profit margin +3.7%
Dividend Yield
0.33%
P/B 4.2
About this companyIndustrials· Industrial Machinery

HLE Glascoat Limited manufactures and sells carbon steel glass lined equipment in India and internationally. It operates through Filtration, Drying and Other Equipment; Glass Lined Equipment; and Heat Transfer Equipment segments. The Filtration, Drying and Other Equipment segment offers agitated nutsche filter-dryers, rotary vacuum paddle dryers, kilo-lab filter dryers, rapid disc dryer-coolers, orbicular dryers, and other chemical process equipment, as well as related spares and accessories. Its Glass Lined Equipment segment produces reactors, heat exchangers, storage vessels and receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment, as well as related spares and accessories. The Heat Transfer Equipment segment manufactures shell and tube, corrugated, spiral, plate heat, and box type heat exchangers; and condensing systems. It also offers exotic metal and cGMP pharma model products. The company serves the pharmaceutical, agrochemicals; specialty and fine chemicals; dyes, pigments, and intermediates; paints and coatings; bulk chemicals; active pharmaceutical ingredients; nutraceutical; food and food flavours; oil and gas; mineral processing; aerospace; marine; petrochemicals; fertilizers; steel; paper; and textile industries. The company was formerly known as Swiss Glascoat Equipments Limited and changed its name to HLE Glascoat Limited in December 2019. HLE Glascoat Limited was founded in 1981 and is based in Anand, 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.