Malu Paper Mills Ltd

Stage 1 · Basing · week 9

As of 16 Oct 2026, Malu Paper Mills is in Stage 1 — basing, not yet in an uptrend, in week 9 (since 18 Aug 2026). It closed at ₹32.4, 21.9% below its 52-week high and above its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Malu Paper Mills Limited manufactures and sells paper in India. More about the company

₹32.4

+0.50% today

₹57 Cr · Micro cap

Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dPaper Products 36.0%+8.0 pts

Pro read

Pro

Our read

Basing — not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

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

₹2,999 · 12 months ₹1,999 · 6 months

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vs 52W High

-21.9%

₹27.1 lo₹41.5 hi

21.9% 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 9

1w13w26w

Week 9 — 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

0.2%

200 DMA: ₹32.3 · 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

0.32x

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 · -2.3% vs MA50 -0.5%

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.

+2.3%

+8.4%

-2.6%

YTD

-8.2%

-15.3%

Sector

Materials

↓ Peaking

Stage 2%

34.1%

20d Δ

-2.9pp

1M return

-1.6%

3M return

-2.6%

Sector Stage-2 % · last 20 days

Sector has 153 Stage 2 leaders. See Materials Stage 2 →

Industry

Paper Products

↑ Building

Stage 2%

36.0%

20d Δ

+8.0pp

1M return

+2.5%

3M return

+23.5%

Industry Stage-2 % · last 20 days

Industry has 9 Stage 2 leaders. See Paper Products Stage 2 →

Stage Cycle Timeline2023-07-20 → 2026-10-16

S2 15w

S3 14w

S4 22w

2023-07-202026-10-16

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 1w → S1 1w → S4 5w → S1 1w → S2 15w → S3 2w → S2 13w → S3 6w → S4 10w → S1 6w → S2 11w → S3 14w → S4 13w → S1 13w → S4 13w → S3 3w → S4 22w → S1 9w → S4 6w → S1 9w current

Total tracked: 168 weeks across 20 stage runs.

Scan Membership

Breakout Watch

Latest: 2024-08-30

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 9 · Vol 0.32x

2026-10-15S1

Wk 9 · Vol 0.30x

2026-10-14S1

Wk 8 · Vol 3.07x

2026-10-13S1

Wk 8 · Vol 0.19x

2026-10-12S1

Wk 8 · Vol 1.95x

2026-10-09S1

Wk 8 · Vol 0.20x

2026-10-08S1

Wk 8 · Vol 0.61x

2026-10-07S1

Wk 7 · Vol 1.30x

2026-10-06S1

Wk 7 · Vol 0.46x

2026-10-05S1

Wk 7 · Vol 0.45x

2026-10-01S1

Wk 7 · Vol 0.16x

2026-09-30S1

Wk 7 · Vol 0.28x

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

₹32.1

200 DMA

₹32.3

52W High

₹41.5

52W Low

₹27.1

5D Low

₹31.3

Resistance levels (recent highs)

20d High

₹32.8

60d High

₹35.7

120d High

₹35.7

250d High

₹41.5

Next resistance

+1.3%

to 20d High

Ask the Market AI about MALUPAPERAsk →

About this companyMaterials· Paper Products

Malu Paper Mills Limited manufactures and sells paper in India. The company offers newsprint, writing and printing, kraft, Newsprint, and packaging paper, as well as tissue papers and other speciality papers. It also exports its products to Europe, Asia, Africa, China, and Central and South America. The company was formerly known as Malu Solvex Limited and changed its name to Malu Paper Mills Limited in April 1998. Malu Paper Mills Limited was incorporated in 1994 and is based in Nagpur, India.

Visit company website →

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.