Hindprakash Industries Ltd

Stage 4 · Declining · week 14

As of 16 Oct 2026, Hindprakash Industries is in Stage 4 — declining, a downtrend, in week 14 (since 10 Jul 2026). It closed at ₹129, 10.8% below its 52-week high and above its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Hindprakash Industries Limited manufactures and trades in dyes, auxiliaries, intermediates, and chemicals in India and internationally. More about the company

₹128.7
+4.35% today
₹147 Cr · Micro cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dDiversified Chemicals 25.0%-18.8 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is HPIL 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
-10.8%
₹109.8 lo₹144.3 hi
10.8% below 52W high — failed near resistance
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 14
1w13w26w
Week 14 — established downtrend
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
1.4%
200 DMA: ₹126.9 · 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
17.02x
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 · -1.2% vs MA50 -2.1%
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
+7.4%
3M
+2.1%
6M
-2.1%
YTD
-6.0%
1Y
-1.8%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Diversified Chemicals
↓ Peaking
Stage 2%
25.0%
20d Δ
-18.8pp
1M return
-2.9%
3M return
-8.3%
Industry Stage-2 % · last 20 days
Industry has 4 Stage 2 leaders. See Diversified Chemicals Stage 2 →
Stage Cycle Timeline2023-07-19 → 2026-10-16
S2 16w
S2 16w
S4 18w
S4 14w
2023-07-192026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 10w → S2 16w → S3 5w → S2 12w → S3 5w → S4 9w → S1 8w → S4 18w → S1 6w → S2 7w → S3 3w → S4 3w → S3 2w → S2 11w → S3 1w → S4 13w → S1 6w → S2 3w → S1 1w → S4 14w current
Total tracked: 169 weeks across 21 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-06-17
5 appearances in last 60 days. First seen: 2024-01-18.
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 14 · Vol 17.02x
2026-10-15S4
Wk 14 · Vol 13.67x
2026-10-14S4
Wk 14 · Vol 9.03x
2026-10-13S4
Wk 14 · Vol 0.58x
2026-10-12S4
Wk 13 · Vol 0.01x
2026-10-09S4
Wk 13 · Vol 0.08x
2026-10-08S4
Wk 13 · Vol 0.46x
2026-10-07S4
Wk 13 · Vol 0.06x
2026-10-06S4
Wk 13 · Vol 0.17x
2026-10-05S4
Wk 12 · Vol 0.12x
2026-10-01S4
Wk 12 · Vol 0.06x
2026-09-29S4
Wk 12 · Vol 0.12x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹122.2
200 DMA
₹126.9
52W High
₹144.3
52W Low
₹109.8
5D Low
₹110.2
Resistance levels (recent highs)
20d High
₹132.3
60d High
₹132.3
120d High
₹139.4
250d High
₹144.3
Next resistance
+2.8%
to 20d High
Ask the Market AI about HPILAsk →
P/E (TTM)
138.4
Forward —
Earnings Growth (YoY)
+46.2%
Revenue +11.3%
About this companyMaterials· Diversified Chemicals

Hindprakash Industries Limited manufactures and trades in dyes, auxiliaries, intermediates, and chemicals in India and internationally. The company offers acid, cationic basic, disperse, direct, and reactive dyes. It also provides chemical and auxiliaries, such as pretreatment chemicals, dyeing auxiliaries, green acid, printing auxiliaries, finishing auxiliaries, and washing of agents, as well as basic chemicals and solvents. In addition, the company provides pigments, resins, adhesive, and food colors. It serves dyestuff and dye intermediates, textiles, construction chemicals, and specialty chemicals sectors. The company was founded in 1942 and is based in Ahmedabad, 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.