Rajnandini Metal Ltd

Stage 4 · Declining · week 13

Rajnandini Metal Limited engages in the manufacturing and trading of copper continuous casting rods and wires in India. More about the company

₹3.1
+0.65% today
₹86 Cr · Micro cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dMetals - Diversified 31.3%+12.5 pts
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vs 52W High
-36.5%
₹2.9 lo₹4.9 hi
36.5% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 13
1w13w26w
Week 13 — established downtrend
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
-16.5%
200 DMA: ₹3.7 · 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
0.40x
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
↓
MA20 rolling over · -0.7% vs MA50 -4.8%
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
-1.6%
3M
-15.8%
6M
-11.4%
YTD
-22.3%
1Y
-32.6%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
Sector has 159 Stage 2 leaders. See Materials Stage 2 →
Industry
Metals - Diversified
↑ Building
Stage 2%
31.3%
20d Δ
+12.5pp
1M return
-4.5%
3M return
-6.3%
Industry Stage-2 % · last 20 days
Industry has 5 Stage 2 leaders. See Metals - Diversified Stage 2 →
Stage Cycle Timeline2023-07-12 → 2026-10-07
S4 35w
S4 45w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 8w → S1 10w → S4 6w → S1 1w → S2 11w → S3 10w → S4 6w → S1 1w → S2 9w → S3 1w → S4 35w → S1 5w → S4 45w → S1 7w → S4 13w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2024-07-26
2 appearances in last 60 days. First seen: 2024-01-05.
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
2026-10-07S4
Wk 13 · Vol 0.40x
2026-10-06S4
Wk 13 · Vol 0.50x
2026-10-05S4
Wk 12 · Vol 0.45x
2026-10-01S4
Wk 12 · Vol 0.45x
2026-09-30S4
Wk 12 · Vol 0.52x
2026-09-29S4
Wk 12 · Vol 0.51x
2026-09-28S4
Wk 12 · Vol 0.66x
2026-09-25S4
Wk 11 · Vol 0.51x
2026-09-24S4
Wk 11 · Vol 0.59x
2026-09-23S4
Wk 11 · Vol 0.74x
2026-09-22S4
Wk 11 · Vol 0.71x
2026-09-21S4
Wk 11 · Vol 0.49x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹3.2
200 DMA
₹3.7
52W High
₹4.9
52W Low
₹2.9
5D Low
₹3.1
Resistance levels (recent highs)
20d High
₹3.3
60d High
₹3.5
120d High
₹4.1
250d High
₹4.9
Next resistance
+6.1%
to 20d High
Ask the Market AI about RAJMETAsk →
Earnings Growth (YoY)
+862.2%
Revenue -72.9%
ROE
-0.6%
Profit margin -0.1%
About this companyMaterials· Metals - Diversified

Rajnandini Metal Limited engages in the manufacturing and trading of copper continuous casting rods and wires in India. The company offers copper, brass, zinc, aluminium, and ferrous and nonferrous metals. It also provides copper rods, annealed bare copper wires, fine copper wires, bunched copper wires, and submersible wires and flat cables. The company offers its products to recycling, steel raw materials, plastics, chemicals, petrochemicals, and construction industries. Rajnandini Metal Limited was incorporated in 2010 and is based in Rewari, India.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.