Prakash Pipes Ltd

Stage 3 · Topping · week 4

As of 16 Oct 2026, Prakash Pipes is in Stage 3 — topping, where an uptrend loses steam, in week 4 (since 21 Sep 2026). It closed at ₹239, 26.1% below its 52-week high and above its 200-day average, which is rising. In Industrials, 26.3% of stocks are in Stage 2.

Prakash Pipes Limited manufactures and sells PVC pipes, fittings, and flexible packaging solutions in India and internationally. More about the company

₹239.1
+0.46% today
₹572 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dBuilding Products - Pipes 39.1%-8.7 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

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Momentum

Steady

Edge

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Is PPL 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
-26.1%
₹164.2 lo₹323.6 hi
26.1% 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 4
1w13w26w
Week 4 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
2.4%
200 DMA: ₹233.5 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.31x
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 · -5.5% vs MA50 -1.9%
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.
1M
-12.2%
3M
-6.6%
6M
+9.8%
YTD
-1.7%
1Y
-19.6%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
39.1%
20d Δ
-8.7pp
1M return
+2.8%
3M return
+11.6%
Industry Stage-2 % · last 20 days
Industry has 9 Stage 2 leaders. See Building Products - Pipes Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 34w
S2 22w
S4 17w
S4 50w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 34w → S3 13w → S2 22w → S3 11w → S4 17w → S1 4w → S4 50w → S1 5w → S2 9w → S3 4w current
Total tracked: 169 weeks across 10 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-18
Breakout Watch
Latest: 2026-07-15
19 appearances in last 60 days. First seen: 2024-06-11.
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
2026-10-16S3
Wk 4 · Vol 0.31x
2026-10-15S3
Wk 4 · Vol 0.93x
2026-10-14S3
Wk 4 · Vol 0.62x
2026-10-13S3
Wk 4 · Vol 0.48x
2026-10-12S3
Wk 3 · Vol 0.42x
2026-10-09S3
Wk 3 · Vol 2.30x
2026-10-08S3
Wk 3 · Vol 1.07x
2026-10-07S3
Wk 3 · Vol 0.98x
2026-10-06S3
Wk 3 · Vol 1.13x
2026-10-05S3
Wk 2 · Vol 4.34x
2026-10-01S3
Wk 2 · Vol 0.77x
2026-09-30S3
Wk 2 · Vol 0.43x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹262.6
200 DMA
₹233.5
52W High
₹323.6
52W Low
₹164.2
5D Low
₹238
Resistance levels (recent highs)
20d High
₹273.4
60d High
₹290.9
120d High
₹323.6
250d High
₹323.6
Next resistance
+14.4%
to 20d High
Ask the Market AI about PPLAsk →
P/E (TTM)
12.3
Forward —
Earnings Growth (YoY)
-56.2%
Revenue -5.9%
Dividend Yield
1.68%
P/B 1.1
About this companyIndustrials· Building Products - Pipes

Prakash Pipes Limited manufactures and sells PVC pipes, fittings, and flexible packaging solutions in India and internationally. It offers uPVC pipes, casing pipes, plumbing uPVC pipes, soil waste rain (SWR) pipes, column pipes, agri pipes, garden pipes, water tanks, HDPE drums, and related fittings catering to applications in irrigation, drainage, housing, and sanitation. The company also provides flexible packaging products, including multilayer films and laminates, pouches, labels, blown PE films, rotogravure cylinders, and printing inks for packaging consumer goods, such as snacks, soaps, shampoos, food, beverages, oils, personal care, and pharmaceutical products. It offers its products under the Prakash brand name. Prakash Pipes Limited was founded in 1981 and is based in New Delhi, India.

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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.