Jai Balaji Industries Ltd

Stage 1 · Basing · week 1

As of 16 Oct 2026, Jai Balaji Industries is in Stage 1 — basing, not yet in an uptrend, in its first week (since 13 Oct 2026). It closed at ₹72.33, 26.3% below its 52-week high and above its 200-day average, which is rising. In Materials, 34.1% of stocks are in Stage 2.

Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. More about the company

₹72.3

-3.44% today

₹6,598 Cr · Mid cap

Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

Basing — not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

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

₹2,999 · 12 months ₹1,999 · 6 months

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vs 52W High

-26.3%

₹54.1 lo₹98.1 hi

26.3% below 52W high — far from high

Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.

Stage Maturity

Week 1

1w13w26w

Week 1 — early base, needs time

How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.

vs 200 DMA

6.4%

200 DMA: ₹68 · rising

Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.

Rel Volume

1.15x

vs 50-day avg

Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.

Trend Health

↗

MA20 gently rising · +0.6% vs MA50 +1.9%

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.

+12.9%

+12.3%

+5.2%

YTD

+15.7%

-26.1%

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

Iron & Steel

↑ Building

Stage 2%

36.7%

20d Δ

+1.3pp

1M return

-0.1%

3M return

+2.9%

Industry Stage-2 % · last 20 days

Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →

Stage Cycle Timeline2023-07-20 → 2026-10-16

S2 39w

S3 19w

S4 29w

S4 24w

2023-07-202026-10-16

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 39w → S3 19w → S1 2w → S2 12w → S3 5w → S4 29w → S1 6w → S4 24w → S1 3w → S4 7w → S1 10w → S4 13w → S1 1w current

Total tracked: 169 weeks across 13 stage runs.

Scan Membership

Breakout Watch

Latest: 2024-09-09

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

2026-10-16S1

Wk 1 · Vol 1.15x

2026-10-15S1

Wk 1 · Vol 7.04x

2026-10-14S1

Wk 1 · Vol 1.93x

2026-10-13S14→1

Wk 1 · Vol 0.35x

2026-10-12S4

Wk 13 · Vol 1.58x

2026-10-09S4

Wk 13 · Vol 1.24x

2026-10-08S4

Wk 12 · Vol 3.55x

2026-10-07S4

Wk 12 · Vol 0.58x

2026-10-06S4

Wk 12 · Vol 0.63x

2026-10-05S4

Wk 12 · Vol 0.49x

2026-10-01S4

Wk 12 · Vol 0.66x

2026-09-30S4

Wk 11 · Vol 0.36x

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

₹66.9

200 DMA

₹68

52W High

₹98.1

52W Low

₹54.1

5D Low

₹65.5

Resistance levels (recent highs)

20d High

₹74.9

60d High

₹74.9

120d High

₹86.2

250d High

₹96.5

Next resistance

+3.6%

to 20d High

Ask the Market AI about JAIBALAJIAsk →

P/E (TTM)

36.0

Forward —

Earnings Growth (YoY)

-90.2%

Revenue -10.6%

About this companyMaterials· Iron & Steel

Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, manganese, ductile iron pipes, and alloy carbon and mild steel billets and rounds. It also offers steel bars/rods, ferro alloys, MS ingots, and coke/coke fines/nut coke, and sinter, as well as generates power. The company offers its TMT bars under the Balaji Shakti brand name. It also exports its products. The company was incorporated in 1999 and is based in Kolkata, 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.