Kanani Industries Ltd

Stage 4 · Declining · week 14

As of 16 Oct 2026, Kanani Industries is in Stage 4 — declining, a downtrend, in week 14 (since 10 Jul 2026). It closed at ₹1.48, 25.3% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 29.6% of stocks are in Stage 2.

Kanani Industries Limited manufactures and exports diamond studded jewellery in India. More about the company

₹1.5
+12.12% today
₹29 Cr · Micro cap
Market Neutral — FadingConsumer Discretionary 29.6% in Stage 2-5.1 pts / 20dPrecious Metals, Jewellery & Watches 42.9%-11.4 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

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Momentum

Steady

Edge

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Is KANANIIND 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
-25.3%
₹1.1 lo₹2 hi
25.3% 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 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
-2.8%
200 DMA: ₹1.5 · 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
4.53x
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 · -5.3% vs MA50 -3.9%
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.
1M
+4.2%
3M
-1.3%
6M
-14.5%
YTD
-14.5%
1Y
-24.5%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.6%
20d Δ
-5.1pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 133 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Precious Metals, Jewellery & Watches
↓ Peaking
Stage 2%
42.9%
20d Δ
-11.4pp
1M return
-2.3%
3M return
+4.9%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 104w
S4 14w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 2w → S4 8w → S1 3w → S2 9w → S3 5w → S2 10w → S3 4w → S4 104w → S1 10w → S4 14w current
Total tracked: 168 weeks across 10 stage runs.
Scan Membership
Breakout Watch
Latest: 2024-01-23
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 4.53x
2026-10-15S4
Wk 14 · Vol 0.94x
2026-10-14S4
Wk 14 · Vol 0.84x
2026-10-13S4
Wk 14 · Vol 1.31x
2026-10-12S4
Wk 13 · Vol 0.82x
2026-10-09S4
Wk 13 · Vol 0.75x
2026-10-08S4
Wk 13 · Vol 0.69x
2026-10-07S4
Wk 13 · Vol 0.57x
2026-10-06S4
Wk 13 · Vol 0.77x
2026-10-05S4
Wk 12 · Vol 1.30x
2026-10-01S4
Wk 12 · Vol 0.65x
2026-09-30S4
Wk 12 · Vol 0.58x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹1.4
200 DMA
₹1.5
52W High
₹2
52W Low
₹1.1
5D Low
₹1.3
Resistance levels (recent highs)
20d High
₹1.5
60d High
₹1.6
120d High
₹1.7
250d High
₹1.9
Next resistance
+5.4%
to 60d High
Ask the Market AI about KANANIINDAsk →
P/E (TTM)
17.2
Forward —
Earnings Growth (YoY)
-50.0%
Revenue +36.4%
About this companyConsumer Discretionary· Precious Metals, Jewellery & Watches

Kanani Industries Limited manufactures and exports diamond studded jewellery in India. The company was formerly known as IMP Finance Limited and changed its name to Kanani Industries Limited in October 2007. Kanani Industries Limited was incorporated in 1983 and is based in Mumbai, 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.