Irm Energy Ltd

Stage 2 · Advancing · week 9Setup 2.9 WatchWeak -10.6

As of 16 Oct 2026, Irm Energy is in Stage 2 — advancing, the uptrend phase, in week 9 (since 19 Aug 2026). It closed at ₹258, 27.7% below its 52-week high and below its 200-day average, which is falling. In Utilities, 9.7% of stocks are in Stage 2.

IRM Energy Limited, a city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution networks in India. More about the company

₹258.1
+1.87% today
₹1,060 Cr · Small cap
Market Neutral — FadingUtilities 9.7% in Stage 2-4.8 pts / 20dGas Distribution 12.5%-12.5 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

2.9 Watch

Momentum

Steady

Edge

Weak -10.6

Setup-score rank among Stage 2 peers: #1 of 1 in Gas Distribution · #6 of 6 in Utilities

Is IRMENERGY 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
-27.7%
₹176.1 lo₹357.1 hi
27.7% 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 9
1w13w26w
Week 9 — early Stage 2, building
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
-0.6%
200 DMA: ₹259.8 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.30x
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 · -3.6% vs MA50 +0.2%
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.
1M
-2.3%
3M
-1.2%
6M
+20.0%
YTD
-8.9%
1Y
-24.5%
Sector
Utilities
↓ Peaking
Stage 2%
9.7%
20d Δ
-4.8pp
1M return
-2.2%
3M return
-10.5%
Sector Stage-2 % · last 20 days
This stock ranks #6 of 6 Stage 2 stocks in Utilities by RS. Lagging sector peers.
Industry
Gas Distribution
↓ Peaking
Stage 2%
12.5%
20d Δ
-12.5pp
1M return
-2.3%
3M return
-10.4%
Industry Stage-2 % · last 20 days
Ranks #1 of 1 Stage 2 stocks in this industry. Top stock in industry.
Stage Cycle Timeline2023-10-26 → 2026-10-16
S? 43w
S4 39w
S4 16w
2023-10-262026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S4 39w → S1 12w → S4 5w → S1 1w → S2 9w → S3 4w → S4 16w → S1 7w → S2 3w → S1 1w → S4 3w → S3 1w → S2 8w current
Total tracked: 154 weeks across 14 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-11
Breakout Watch
Latest: 2026-08-19
21 appearances in last 60 days. First seen: 2025-10-07.
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 9 · Vol 0.30x
2026-10-15S2
Wk 8 · Vol 0.74x
2026-10-14S2
Wk 8 · Vol 0.27x
2026-10-13S2
Wk 8 · Vol 0.32x
2026-10-12S2
Wk 8 · Vol 0.40x
2026-10-09S2
Wk 8 · Vol 0.30x
2026-10-08S2
Wk 7 · Vol 1.13x
2026-10-07S2
Wk 7 · Vol 0.31x
2026-10-06S2
Wk 7 · Vol 0.34x
2026-10-05S2
Wk 7 · Vol 0.43x
2026-10-01S2
Wk 7 · Vol 0.55x
2026-09-30S2
Wk 6 · Vol 0.29x
Sector Peers — Stage 2All →
QPOWER
wk 9 · -11.8% from hi
5.8
KPIL
wk 20 · -6.5% from hi
4.8
GIPCL
wk 16 · -18.6% from hi
4.4
UEL
wk 10 · -30.7% from hi
4.4
SKIPPER
wk 19 · -12.9% from hi
3.9
Moving averages & range
50 DMA
₹276.1
200 DMA
₹259.8
52W High
₹357.1
52W Low
₹176.1
5D Low
₹253.4
Resistance levels (recent highs)
20d High
₹272.9
60d High
₹302.6
120d High
₹357.1
250d High
₹357.1
Next resistance
+5.7%
to 20d High
Ask the Market AI about IRMENERGYAsk →
P/E (TTM)
20.9
Forward 15.1
Earnings Growth (YoY)
+190.6%
Revenue +4.4%
ROE
+5.5%
Profit margin +4.5%
Dividend Yield
0.55%
P/B 1.1
About this companyUtilities· Gas Distribution

IRM Energy Limited, a city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution networks in India. The company supplies piped natural gas (PNG) to industrial, commercial, and domestic customers; and compressed natural gas (CNG) to automotive customers through retail stations. It operates in Banaskantha, Fatehgarh Sahib, Diu and Gir Somnath, and Namakkal and Tiruchirappalli. As of March 31, 2025, it operated 5,671-inch square kilometers of MDPE and steel pipelines and 111 CNG stations; and served 214 PNG industrial customers, 412 PNG commercial customers, and 75,005 PNG domestic customers. The company was formerly known as IRM Energy Private Limited and changed its name to IRM Energy Limited in March 2022. IRM Energy Limited was incorporated in 2015 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.