ORISSAMINE · Materials · 2026-08-07
Orissa Minerals Development Company Ltd
Stage 4 · wk 4In scan: Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹4,405.2
+1.97% today
₹2,643 Cr · Small cap
About this companyMaterials· Mining - DiversifiedExpand ▾
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It produces and sells sponge iron. The company was incorporated in 1918 and is headquartered in Bhubaneswar, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Visit company website →vs 52W High
-24.0%
₹3,125.5 lo₹5,800 hi
24.0% 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 4
1w13w26w
Week 4 — 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
1.6%
200 DMA: ₹4,336 · 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
0.83x
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 +3.0% vs MA50 -2.4% / 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
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
Sector has 135 Stage 2 leaders. See Materials Stage 2 →
Industry
Mining - Diversified
Stage 2%
0.0%
20d Δ
-25.0pp
1M return
+12.6%
3M return
-5.9%
Industry Stage-2 % · last 20 days
Price + Volume Chart
1M
+17.0%
3M
+2.4%
6M
+0.7%
YTD
-11.6%
1Y
-11.4%
Moving averages & range
50 DMA
₹3,964.7
200 DMA
₹4,336
52W High
₹5,800
52W Low
₹3,125.5
5D Low
₹4,106.3
Resistance levels (recent highs)
20d High
₹4,411.7
60d High
₹4,411.7
120d High
₹4,499
250d High
₹5,800
Next resistance
+0.1%
to 20d High
All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.