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JAYNECOIND· Materials› Iron & Steel

Jayaswal Neco Industries Ltd

Stage 2 · Advancing · week 7Setup 5.8 ★ FairEven -3.8

As of 16 Oct 2026, Jayaswal Neco Industries is in Stage 2 — advancing, the uptrend phase, in week 7 (since 2 Sep 2026). It closed at ₹101, 12.7% below its 52-week high and above its 200-day average, which is rising. In Materials, 33.6% of stocks are in Stage 2.

Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products and iron and steel castings in India. More about the company

₹100.6
+4.43% today
₹9,770 Cr · Mid cap
Market Neutral — FadingMaterials 33.6% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

5.8 ★ Fair

Momentum

Steady

Edge

Even -3.8

Setup-score rank among Stage 2 peers: #12 of 29 in Iron & Steel · #56 of 153 in Materials

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

Loading price chart…
vs 52W High
-12.7%
₹66.3 lo₹115.2 hi
12.7% below 52W high — pullback range
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 7
1w13w26w
Week 7 — 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
13.3%
200 DMA: ₹88.8 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
3.60x
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 gently rising · +2.4% vs MA50 +1.8%
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.
1M
+15.2%
3M
+11.5%
6M
+1.9%
YTD
+28.4%
1Y
+41.3%
Sector
Materials
↓ Peaking
Stage 2%
33.6%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
This stock ranks #51 of 151 Stage 2 stocks in Materials by RS.
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
Ranks #13 of 28 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 41w
S4 28w
S2 37w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 41w → S3 11w → S4 5w → S1 8w → S4 28w → S1 7w → S2 37w → S3 5w → S2 12w → S3 7w → S2 6w current
Total tracked: 168 weeks across 12 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-03
Breakout Watch
Latest: 2026-09-02
Pullback Hunter
Latest: 2026-06-05
49 appearances in last 60 days. First seen: 2025-06-30.
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 7 · Vol 3.60x
2026-10-15S2
Wk 6 · Vol 0.63x
2026-10-14S2
Wk 6 · Vol 2.04x
2026-10-13S2
Wk 6 · Vol 0.66x
2026-10-12S2
Wk 6 · Vol 0.43x
2026-10-09S2
Wk 6 · Vol 0.42x
2026-10-08S2
Wk 5 · Vol 0.48x
2026-10-07S2
Wk 5 · Vol 0.63x
2026-10-06S2
Wk 5 · Vol 0.65x
2026-10-05S2
Wk 5 · Vol 0.61x
2026-10-01S2
Wk 5 · Vol 0.66x
2026-09-30S2
Wk 4 · Vol 1.09x
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
₹93.3
200 DMA
₹88.8
52W High
₹115.2
52W Low
₹66.3
5D Low
₹93.8
Resistance levels (recent highs)
20d High
₹100.6
60d High
₹104.2
120d High
₹115.2
250d High
₹115.2
Next resistance
+3.6%
to 60d High
P/E (TTM)
21.9
Forward —
Earnings Growth (YoY)
+87.7%
Revenue +17.8%
ROE
+17.8%
Profit margin +6.5%
About this companyMaterials· Iron & Steel

Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products and iron and steel castings in India. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers steel products, including pellets, sponge and pig iron, billets, alloy steel bars and wire rods, and blooms and slabs used in carbon and alloy steels, springs, cold heading quality steels, leaf springs, connecting rods, shock absorber and crank shafts, gears, ball bearings, and stabilizer bars and coils, as well as supplies steel in cast, rolled, annealed, and bright bar forms. It also provides automotive castings, such as differential and clutch housings, axles, cylinder heads, and gear box housing products used by cars, trucks, ractors,and agricultural equipment manufacturers, as well as hubs, suspension and engineering items, differential case and covers, railway inserts, base plates for metro rail, insulators and electrical prts, and supplies iron castings to the automotive sector; and engineering castings comprising ductile iron castings, carrier housing, and axle end cap and backing rings. Additionally, the company offers centricast products, including sanitary, hub less pipes, ductile and cast iron manhole covers, and frames and gratings and construction castings comprising manhole covers, ingot moulds, stool plates, and slag pots under NECO brand. Further, it produces various grades of iron ores and limestones to feed the integrated iron and steel plants and engages n PVC pipes trading. The company serves its products in automotive, defense, infrastructure, oil and gas, power, railways, engineering, generator sets, petrochemicals and refineries, agricultural machinery, steel, service lines, irrigation, sugar crushers, crane and material handling equipment manufacturers, bearings, structural and fasteners, and other industries. Jayaswal Neco Industries Limited was formerly known as Jayaswals Neco Ltd. and changed its name to Jayaswal Neco Industries Limited in November 2007. The company was incorporated in 1972 and is headquartered in Nagpur, 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.