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Religare Enterprises Ltd

Stage 3 · Topping · week 6

Religare Enterprises Limited, through its subsidiaries, provides various financial services in India and internationally. More about the company

₹217.6
-1.35% today
₹7,502 Cr · Mid cap
Market Neutral — FadingFinancials 22.0% in Stage 2-11.7 pts / 20dInvestment Banking & Brokerage 21.0%-1.6 pts
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vs 52W High
-21.8%
₹201.1 lo₹278.4 hi
21.8% 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 6
1w13w26w
Week 6 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-8.4%
200 DMA: ₹237.7 · 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
0.74x
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 · -4.1% vs MA50 -3.6%
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.
1M
-14.5%
3M
-19.5%
6M
-3.1%
YTD
-10.8%
1Y
-13.3%
Sector
Financials
↓ Peaking
Stage 2%
22.0%
20d Δ
-11.7pp
1M return
-4.1%
3M return
-6.7%
Sector Stage-2 % · last 20 days
Sector has 55 Stage 2 leaders. See Financials Stage 2 →
Industry
Investment Banking & Brokerage
↓ Peaking
Stage 2%
21.0%
20d Δ
-1.6pp
1M return
-2.4%
3M return
-5.8%
Industry Stage-2 % · last 20 days
Industry has 12 Stage 2 leaders. See Investment Banking & Brokerage Stage 2 →
Stage Cycle Timeline2023-07-13 → 2026-10-09
S2 18w
S2 17w
S4 18w
S4 17w
2023-07-132026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 18w → S3 12w → S2 11w → S3 1w → S4 7w → S1 3w → S2 17w → S3 6w → S2 7w → S3 3w → S4 18w → S1 5w → S2 8w → S3 4w → S2 5w → S3 7w → S4 17w → S1 6w → S2 8w → S3 5w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Prop Scan
Latest: 2026-08-06
Pullback Hunter
Latest: 2026-08-06
Breakout Watch
Latest: 2026-07-08
28 appearances in last 60 days. First seen: 2024-02-12.
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
2026-10-09S3
Wk 6 · Vol 0.74x
2026-10-08S3
Wk 5 · Vol 1.18x
2026-10-07S3
Wk 5 · Vol 1.38x
2026-10-06S3
Wk 5 · Vol 0.59x
2026-10-05S3
Wk 5 · Vol 0.39x
2026-10-01S3
Wk 5 · Vol 0.76x
2026-09-30S3
Wk 4 · Vol 0.98x
2026-09-29S3
Wk 4 · Vol 1.40x
2026-09-28S3
Wk 4 · Vol 0.20x
2026-09-25S3
Wk 4 · Vol 0.38x
2026-09-24S3
Wk 4 · Vol 0.78x
2026-09-23S3
Wk 3 · Vol 0.40x
Sector Peers — Stage 2All →
SMCGLOBAL
wk 10 · 0.0% from hi
9.4
GCSL
wk 15 · 0.0% from hi
8.4
ONELIFECAP
wk 1 · 0.0% from hi
8.2
ARIHANTCAP
wk 4 · -17.9% from hi
7.9
PAISALO
wk 26 · -13.4% from hi
7.5
Moving averages & range
50 DMA
₹240.8
200 DMA
₹237.7
52W High
₹278.4
52W Low
₹201.1
5D Low
₹217.6
Resistance levels (recent highs)
20d High
₹258.8
60d High
₹263.5
120d High
₹278.4
250d High
₹278.4
Next resistance
+18.9%
to 20d High
P/E (TTM)
91.7
Forward —
Earnings Growth (YoY)
-16.9%
Revenue +22.1%
ROE
+2.0%
Profit margin +1.0%
About this companyFinancials· Investment Banking & Brokerage

Religare Enterprises Limited, through its subsidiaries, provides various financial services in India and internationally. It operates through Investment and Financing Activities; Broking Related Activities; E-Governance; and Insurance segments. The company provides small and medium enterprise financing; and housing finance products comprising home-purchase, home construction, and home improvement loans. It also offers broking services in equity, currency, and commodity; and depository participant services, as well as operates as a NSDL-appointed enrolment agency for Aadhaar Unique Identification Number, and a mutual fund distributor. In addition, the company provides health, critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance for corporates. Further, the company engages in the permanent account number issuance; tax deduction and collection account number and e-TDS returns; acting as a business correspondent for banking services; bharat bill payment systems and recharges; ticketing for airlines, railways, buses, and tourism through online and offline platforms; digital signature certificate and token services; and operating as a central record keeping agency facilitation center. The company was incorporated in 1984 and is headquartered in New Delhi, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.