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ISGEC · Industrials · 2026-08-21

Isgec Heavy Engineering Ltd

Stage 4 · wk 3In scan: Pullback Hunter · Prop Scan · Breakout WatchMARKET: BULL RISING · 2026-08-21
₹755.1
-0.87% today
₹5,552 Cr · Mid cap
About this companyIndustrials· Heavy Machinery
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Isgec Heavy Engineering Limited provides engineering solutions worldwide. It operates in two segments, Manufacturing of Machinery & Equipment; and Industrial Projects. The company provides process plant equipment, including reactors, high pressure vessels, shell and tube heat exchangers, columns and towers, and high pressure boiler drums; boilers, such as solid and biomass fuels, bagasse and biomass, oil and gas fired, blast furnace gas fired, waste to energy, and heat recovery boilers, as well as auxiliaries comprising air pollution control equipment, bag filters, SCR/SNCR, flue gas desulphurization systems, and deaerators; and site construction and commissioning, operation and maintenance, supervision, retrofitting and modernization, residual life assessment studies, spares, and technical assistance services. It also offers engineering, procurement, and construction services; sugar plants and machinery that include mills, diffusers, process house equipment, sugar refinery, turnkey distillery plants, and spares and retrofits; presses, such as mechanical and hydraulic straight sided, mechanical gap and ring frame, and servo presses; and steel castings, including steam/gas turbine, hydro turbine, valve, pump, mining and crushing, and general engineering castings. In addition, the company provides iron castings, air pollution control equipment, and liquefied gas containers, as well as contract manufacturing services. Further, it manufactures and sells sugar and its by-products, and ethanol and its by-products. It serves power, fertilizer, sugar and distillery, oil and gas, petrochemicals, automobile, steel, defense, cement, and chemicals industries. The company was formerly known as The Saraswati Industrial Syndicate Limited and changed its name to Isgec Heavy Engineering Limited in 2011. The company was incorporated in 1933 and is based in Noida, India.

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P/E (TTM)
22.9
Forward —
Earnings Growth (YoY)
+247.6%
Revenue +16.2%
Dividend Yield
0.48%
P/B 2.7
vs 52W High
-31.0%
₹694.5 lo₹1,095 hi
31.0% 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
-15.2%
200 DMA: ₹890.1 · 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
0.49x
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 · -6.9% vs MA50 -7.8%
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.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Heavy Machinery
→ Flat
Stage 2%
16.7%
20d Δ
+0.0pp
1M return
+24.8%
3M return
+37.2%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Heavy Machinery Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 21w
S2 16w
S2 22w
S4 29w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 21w → S3 3w → S2 16w → S3 9w → S2 22w → S3 9w → S2 6w → S3 3w → S4 12w → S1 13w → S4 29w → S1 8w → S2 9w → S3 5w → S4 2w current
Total tracked: 168 weeks across 16 stage runs.
1M
-11.7%
3M
-30.0%
6M
-11.5%
YTD
-14.9%
1Y
-27.4%
Scan Membership
Pullback Hunter
Latest: 2026-05-27
Prop Scan
Latest: 2026-05-27
Breakout Watch
Latest: 2026-04-27
27 appearances in last 60 days. First seen: 2024-05-08.
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
2026-08-21S4
Wk 3 · Vol x
2026-08-20S4
Wk 2 · Vol x
2026-08-19S4
Wk 2 · Vol x
2026-08-18S4
Wk 2 · Vol x
2026-08-17S4
Wk 2 · Vol x
2026-08-14S4
Wk 2 · Vol x
2026-08-13S4
Wk 1 · Vol x
2026-08-12S4
Wk 1 · Vol x
2026-08-11S4
Wk 1 · Vol x
2026-08-10S4
Wk 1 · Vol x
2026-08-07S43→4
Wk 1 · Vol x
2026-08-06S3
Wk 6 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹865.9
200 DMA
₹890.1
52W High
₹1,095
52W Low
₹694.5
5D Low
₹746.9
Resistance levels (recent highs)
20d High
₹859.3
60d High
₹957.2
120d High
₹1,095
250d High
₹1,095
Next resistance
+13.8%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.