MANAKSIA · Materials · 2026-08-28

Manaksia Ltd

Stage 4 · wk 7MARKET: WEAK RECOVERING · 2026-08-28
₹58.1
+2.18% today
₹381 Cr · Micro cap
About this companyMaterials· Metals - Diversified
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Manaksia Limited, together with its subsidiaries, manufactures and sells steel products in India and internationally. The company operates through Metal Products, Packaging Products, and Others segments. It provides aluminium and steel galvanized sheets, coils, PP caps, crown closures, metal containers, EP liners and sheets, washers, etc. The company also offers sponge iron and steel ingots; aluminum roofing sheets; and kraft paper products. In addition, it engages in the trading of spare parts of machine, including paper machine and consumables. The company was formerly known as Hindusthan Seals Ltd. Manaksia Limited was founded in 1972 and is headquartered in Kolkata, India.

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P/E (TTM)
8.0
Forward —
Earnings Growth (YoY)
+13.8%
Revenue -2.1%
vs 52W High
-18.6%
₹42.5 lo₹71.4 hi
18.6% 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 7
1w13w26w
Week 7 — early Stage 4 decline
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
-2.5%
200 DMA: ₹59.6 · 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
3.17x
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
↗ ⇈
Accelerating · MA20 +1.7% vs MA50 -1.0% / 10d
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%
36.6%
20d Δ
+3.6pp
1M return
+3.0%
3M return
+2.0%
Sector Stage-2 % · last 20 days
Sector has 166 Stage 2 leaders. See Materials Stage 2 →
Industry
Metals - Diversified
↓ Peaking
Stage 2%
25.0%
20d Δ
-3.6pp
1M return
+3.6%
3M return
-14.2%
Industry Stage-2 % · last 20 days
Industry has 4 Stage 2 leaders. See Metals - Diversified Stage 2 →
Price + Volume Chart
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Stage Cycle Timeline2023-06-05 → 2026-08-28
S4 42w
S4 28w
S4 26w
2023-06-052026-08-28
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 9w → S3 10w → S2 5w → S3 2w → S4 42w → S1 6w → S4 28w → S1 13w → S4 26w → S1 2w → S4 11w → S1 7w → S4 6w current
Total tracked: 168 weeks across 13 stage runs.
1M
+4.5%
3M
-3.3%
6M
-4.5%
YTD
-7.9%
1Y
-19.8%
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-08-28S4
Wk 7 · Vol —x
2026-08-27S4
Wk 6 · Vol —x
2026-08-26S4
Wk 6 · Vol —x
2026-08-25S4
Wk 6 · Vol —x
2026-08-24S4
Wk 6 · Vol —x
2026-08-21S4
Wk 6 · Vol —x
2026-08-20S4
Wk 5 · Vol —x
2026-08-19S4
Wk 5 · Vol —x
2026-08-18S4
Wk 5 · Vol —x
2026-08-17S4
Wk 5 · Vol —x
2026-08-14S4
Wk 5 · Vol —x
2026-08-13S4
Wk 4 · Vol —x
Sector Peers — Stage 2All →
WELCORP
wk 19 · -1.5% from hi
9.6
MMP
wk 12 · -0.5% from hi
9.4
MANAKSTEEL
wk 14 · 0.0% from hi
9.4
SIGIND
wk 3 · -2.1% from hi
9.4
SBCL
wk 16 · -5.1% from hi
9.4
Moving averages & range
50 DMA
₹57.7
200 DMA
₹59.6
52W High
₹71.4
52W Low
₹42.5
5D Low
₹56.9
Resistance levels (recent highs)
20d High
₹59.5
60d High
₹60.2
120d High
₹63.7
250d High
₹71.4
Next resistance
+2.4%
to 20d High

All analytics based on EOD data. Data as of 2026-08-28. Past data patterns are not indicative of future results. This page is a data analytics tool only.