NELCAST · Materials · 2026-08-21

Nelcast Ltd

Stage 3 · wk 5In scan: Pullback Hunter · Prop Scan · Breakout WatchMARKET: BULL RISING · 2026-08-21
₹117.8
+1.01% today
₹1,028 Cr · Small cap
About this companyMaterials· Iron & Steel
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Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension bracket, conventional suspension/engine/steering/cab mounting bracket, rear and forward differential carrier, flanged and plain half, wheel hub, bearing cap, brake drum, and brake disc rotor products; and tractor/farm components, such as hydraulic lift cover, axle housing, four-wheel drive front axle housing, front engine support, transmission clutch, and center/differential housing products. It also offers off highway/army components, including transmission and differential case, converter and axle housing, and planetary carrier products; railway products comprising brake discs and base plates for ballastless track system; SUV/car components that consist of case body, case cap, and drive head products; and powertrain components, such as gearbox and flywheel housing, and exhaust manifold products. The company serves commercial vehicle, tractor, railways, and off-highway vehicle segments, as well as original equipment manufacturers. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.

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P/E (TTM)
24.7
Forward 31.1
Earnings Growth (YoY)
+4.4%
Revenue +27.3%
Dividend Yield
0.51%
P/B 2.0
vs 52W High
-30.0%
₹88.2 lo₹168.2 hi
30.0% 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 5
1w13w26w
Week 5 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-3.0%
200 DMA: ₹121.5 · 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
0.46x
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 · -5.6% vs MA50 -5.6%
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
Loading price chart…
Stage Cycle Timeline2023-05-26 → 2026-08-21
S2 25w
S4 36w
S2 14w
2023-05-262026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 4w → S4 2w → S1 1w → S4 3w → S1 1w → S2 25w → S3 12w → S4 7w → S1 5w → S4 3w → S1 4w → S4 36w → S1 4w → S2 14w → S3 8w → S4 12w → S1 11w → S2 10w → S3 4w current
Total tracked: 168 weeks across 19 stage runs.
1M
-11.5%
3M
-13.6%
6M
-1.4%
YTD
+12.1%
1Y
-29.4%
Scan Membership
Pullback Hunter
Latest: 2026-06-22
Prop Scan
Latest: 2026-06-22
Breakout Watch
Latest: 2026-05-11
34 appearances in last 60 days. First seen: 2025-06-24.
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 5 · Vol —x
2026-08-20S3
Wk 5 · Vol —x
2026-08-19S3
Wk 5 · Vol —x
2026-08-18S3
Wk 4 · Vol —x
2026-08-17S3
Wk 4 · Vol —x
2026-08-14S3
Wk 4 · Vol —x
2026-08-13S3
Wk 4 · Vol —x
2026-08-12S3
Wk 4 · Vol —x
2026-08-11S3
Wk 3 · Vol —x
2026-08-10S3
Wk 3 · Vol —x
2026-08-07S3
Wk 3 · Vol —x
2026-08-06S3
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
₹130
200 DMA
₹121.5
52W High
₹168.2
52W Low
₹88.2
5D Low
₹116.6
Resistance levels (recent highs)
20d High
₹125.9
60d High
₹146.8
120d High
₹160.2
250d High
₹167.5
Next resistance
+6.9%
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.