MAITHANALL · Materials · 2026-08-21

Maithan Alloys Ltd

Stage 3 · wk 2In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹977.1
-0.09% today
₹2,844 Cr · Small cap
About this companyMaterials· Iron & Steel
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Maithan Alloys Limited manufactures and exports ferro alloys. The company provides ferro manganese, silico manganese, and ferro silicon products. It is also involved in the generation and supply of wind power. In addition, the company offers manufacturing and trading of metals and/or minerals and real estate businesses; processing of powder and lump; generation of electricity; manufacturing of specialized parts for railways, tramways, locomotives or of rolling stock and to manufacture and deals in goods and products used in defence sector & real estate business; and real estate development, construction, leasing, trading, and property management services. Maithan Alloys Limited serves steel companies in India and internationally. The company was incorporated in 1985 and is based in Kolkata, India.

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P/E (TTM)
6.8
Forward —
Earnings Growth (YoY)
-2.1%
Revenue -7.7%
Dividend Yield
2.57%
P/B 0.7
vs 52W High
-17.3%
₹833.1 lo₹1,181 hi
17.3% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 2
1w13w26w
Week 2 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-1.9%
200 DMA: ₹995.6 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.34x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -0.7% vs MA50 -0.6%
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.
Sector
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Price + Volume Chart
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Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 13w
S4 16w
S4 15w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 5w → S2 13w → S3 6w → S2 1w → S3 2w → S2 1w → S3 1w → S2 12w → S3 5w → S4 4w → S1 1w → S2 13w → S3 5w → S4 16w → S1 4w → S4 15w → S1 6w → S2 9w → S3 9w → S2 3w → S3 3w → S4 8w → S1 5w → S4 11w → S1 6w → S2 4w → S3 1w current
Total tracked: 167 weeks across 27 stage runs.
1M
+0.8%
3M
+3.5%
6M
-7.1%
YTD
-2.5%
1Y
-8.4%
Scan Membership
Breakout Watch
Latest: 2026-07-17
4 appearances in last 60 days. First seen: 2024-05-03.
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
2026-08-21S3
Wk 2 · Vol —x
2026-08-20S3
Wk 2 · Vol —x
2026-08-19S3
Wk 1 · Vol —x
2026-08-18S3
Wk 1 · Vol —x
2026-08-17S3
Wk 1 · Vol —x
2026-08-14S3
Wk 1 · Vol —x
2026-08-13S32→3
Wk 1 · Vol —x
2026-08-12S2
Wk 4 · Vol —x
2026-08-11S2
Wk 4 · Vol —x
2026-08-10S2
Wk 4 · Vol —x
2026-08-07S2
Wk 4 · Vol —x
2026-08-06S2
Wk 3 · Vol —x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹1,005.6
200 DMA
₹995.6
52W High
₹1,181
52W Low
₹833.1
5D Low
₹977.1
Resistance levels (recent highs)
20d High
₹1,005.6
60d High
₹1,136.2
120d High
₹1,136.2
250d High
₹1,181
Next resistance
+2.9%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.