LG Balakrishnan & Bros Ltd

Stage 1 · Basing · week 8

As of 16 Oct 2026, LG Balakrishnan & Bros is in Stage 1 — basing, not yet in an uptrend, in week 8 (since 20 Aug 2026). It closed at ₹1,702, 15.3% below its 52-week high and above its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

L.G. Balakrishnan & Bros Limited manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally. More about the company

₹1,701.5
-0.30% today
₹5,427 Cr · Mid cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dIndustrial Machinery 34.6%0.0 pts

Pro read

Pro

Our read

Basing — not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is LGBBROSLTD 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
-15.3%
₹1,345.8 lo₹2,007.8 hi
15.3% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 8
1w13w26w
Week 8 — base building
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
0.5%
200 DMA: ₹1,692.5 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.43x
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 rolling over · -1.0% vs MA50 +3.7%
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
-0.3%
3M
+9.9%
6M
-2.0%
YTD
-8.1%
1Y
+24.4%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Industrial Machinery
→ Flat
Stage 2%
34.6%
20d Δ
+0.0pp
1M return
+0.7%
3M return
-1.3%
Industry Stage-2 % · last 20 days
Industry has 34 Stage 2 leaders. See Industrial Machinery Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 17w
S2 22w
S2 23w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 9w → S3 6w → S2 17w → S3 9w → S2 22w → S3 12w → S4 7w → S1 2w → S4 12w → S1 6w → S2 5w → S3 3w → S2 23w → S3 3w → S2 3w → S3 10w → S4 10w → S1 8w current
Total tracked: 168 weeks across 18 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-03-02
4 appearances in last 60 days. First seen: 2024-05-03.
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 8 · Vol 0.43x
2026-10-15S1
Wk 8 · Vol 0.58x
2026-10-14S1
Wk 8 · Vol 0.73x
2026-10-13S1
Wk 8 · Vol 0.79x
2026-10-12S1
Wk 8 · Vol 1.05x
2026-10-09S1
Wk 7 · Vol 2.17x
2026-10-08S1
Wk 7 · Vol 0.66x
2026-10-07S1
Wk 7 · Vol 0.84x
2026-10-06S1
Wk 7 · Vol 1.02x
2026-10-05S1
Wk 7 · Vol 1.05x
2026-10-01S1
Wk 6 · Vol 1.95x
2026-09-30S1
Wk 6 · Vol 0.38x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹1,673
200 DMA
₹1,692.5
52W High
₹2,007.8
52W Low
₹1,345.8
5D Low
₹1,659.8
Resistance levels (recent highs)
20d High
₹1,745.3
60d High
₹1,745.3
120d High
₹1,800.8
250d High
₹2,007.8
Next resistance
+2.6%
to 20d High
Ask the Market AI about LGBBROSLTDAsk →
P/E (TTM)
15.5
Forward 13.6
Earnings Growth (YoY)
-17.0%
Revenue +21.8%
ROE
+15.7%
Profit margin +10.4%
Dividend Yield
1.42%
P/B 2.3
About this companyIndustrials· Industrial Machinery

L.G. Balakrishnan & Bros Limited manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally. The company operates through Transmission and Metal Forming segments. It offers transmission products; sprockets and gears; sealed and standard, silent, bush and roller, and special application chains; mechanical, hydraulic, between chain, and compact tensioners, as well as guides; scooter, 4 wheelers and tractors, cogged V, poly V, and timing belts; scooter components, such as clutch weight roller, clutch slider piece, face comp movable drive, 5G tech belts, cushion bush kit, pivot arm set, and starter pinion gear drive; and rubber products, brake shoes, fine blanked components, and precision machined parts. The company also provides metal forming products consisting of fine blanking for precision sheet metal parts, and machined components, as well as wire drawing products for other chain manufacturing plants, spring steel suppliers, and umbrella manufacturers. It markets its products under the Rolon brand. L.G. Balakrishnan & Bros Limited was founded in 1937 and is based in Coimbatore, 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.