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KANSAINER· Materials› Paints

Kansai Nerolac Paints Ltd

Stage 4 · Declining · week 10

Kansai Nerolac Paints Limited manufactures and supplies paints, varnishes, enamels, and lacquers in India. More about the company

₹192.4
+4.57% today
₹15,562 Cr · Mid cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dPaints 20.0%-20.0 pts
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vs 52W High
-25.1%
₹159.1 lo₹256.9 hi
25.1% 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 10
1w13w26w
Week 10 — 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
-6.0%
200 DMA: ₹204.8 · 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
5.56x
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 · -4.0% 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
-0.9%
3M
-5.7%
6M
+6.7%
YTD
-13.8%
1Y
-22.0%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
Sector has 159 Stage 2 leaders. See Materials Stage 2 →
Industry
Paints
↓ Peaking
Stage 2%
20.0%
20d Δ
-20.0pp
1M return
-5.6%
3M return
-9.7%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Paints Stage 2 →
Stage Cycle Timeline2023-07-11 → 2026-10-07
S2 15w
S4 14w
S4 20w
S4 14w
S4 23w
2023-07-112026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 15w → S3 9w → S2 9w → S3 2w → S4 14w → S1 12w → S2 6w → S3 5w → S4 20w → S1 11w → S4 14w → S2 7w → S3 1w → S4 23w → S1 10w → S4 10w current
Total tracked: 168 weeks across 16 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-10-17
2 appearances in last 60 days. First seen: 2024-09-18.
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
2026-10-07S4
Wk 10 · Vol 5.56x
2026-10-06S4
Wk 10 · Vol 1.00x
2026-10-05S4
Wk 10 · Vol 0.74x
2026-10-01S4
Wk 10 · Vol 0.75x
2026-09-30S4
Wk 10 · Vol 0.55x
2026-09-29S4
Wk 9 · Vol 2.13x
2026-09-28S4
Wk 9 · Vol 0.48x
2026-09-25S4
Wk 9 · Vol 0.49x
2026-09-24S4
Wk 9 · Vol 0.47x
2026-09-23S4
Wk 9 · Vol 0.47x
2026-09-22S4
Wk 8 · Vol 0.41x
2026-09-21S4
Wk 8 · Vol 0.30x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹194.6
200 DMA
₹204.8
52W High
₹256.9
52W Low
₹159.1
5D Low
₹175.3
Resistance levels (recent highs)
20d High
₹193.4
60d High
₹215.7
120d High
₹222.1
250d High
₹256.9
Next resistance
+0.5%
to 20d High
P/E (TTM)
30.0
Forward 21.9
Earnings Growth (YoY)
+4.0%
Revenue +7.5%
ROE
+8.8%
Profit margin +7.3%
Dividend Yield
1.15%
P/B 2.6
About this companyMaterials· Paints

Kansai Nerolac Paints Limited manufactures and supplies paints, varnishes, enamels, and lacquers in India. It offers interior and exterior wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; interior textures; general industrial, powder, coil, automotive, auto refinish, and floor coatings; wood finishes, waterproofing solutions, and construction chemicals; and decorative and soldier paints. The company also provides painters, background check, guidance, color consultation, on-site sanitation, quotation, and color selection tools services. It serves residential, commercial, retail, industrial, governmental, and institutional customers, as well as automotive, consumer durables, machinery, equipment, and structural industries. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is headquartered in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.