Rhetan TMT Ltd

Stage 4 · Declining · week 5

As of 16 Oct 2026, Rhetan TMT is in Stage 4 — declining, a downtrend, in week 5 (since 16 Sep 2026). It closed at ₹16.57, 50.9% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Rhetan TMT Limited engages in the manufacture and sale of thermo-mechanically treated (TMT) bars in India. More about the company

₹16.6
-4.99% today
₹1,320 Cr · Small cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dMetals - Diversified 37.5%+18.8 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is RHETAN early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-50.9%
₹15.2 lo₹33.8 hi
50.9% 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 5
1w13w26w
Week 5 — 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
-35.0%
200 DMA: ₹25.5 · 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
0.03x
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 · -17.4% vs MA50 -18.5%
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
-23.5%
3M
-40.9%
6M
-35.3%
YTD
-32.1%
1Y
-22.8%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Metals - Diversified
↑ Building
Stage 2%
37.5%
20d Δ
+18.8pp
1M return
-2.6%
3M return
-6.1%
Industry Stage-2 % · last 20 days
Industry has 6 Stage 2 leaders. See Metals - Diversified Stage 2 →
Stage Cycle Timeline2025-09-26 → 2026-10-16
S? 43w
S4 4w
2025-09-262026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S2 4w → S3 4w → S4 4w current
Total tracked: 55 weeks across 4 stage runs.
Scan Membership
Prop Scan
Latest: 2026-08-10
Breakout Watch
Latest: 2026-07-21
5 appearances in last 60 days. First seen: 2026-07-21.
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
2026-10-16S4
Wk 5 · Vol 0.03x
2026-10-15S4
Wk 5 · Vol 0.39x
2026-10-14S4
Wk 4 · Vol 1.14x
2026-10-13S4
Wk 4 · Vol 0.81x
2026-10-12S4
Wk 4 · Vol 0.22x
2026-10-09S4
Wk 4 · Vol 0.37x
2026-10-08S4
Wk 4 · Vol 1.75x
2026-10-07S4
Wk 3 · Vol 0.96x
2026-10-06S4
Wk 3 · Vol 2.41x
2026-10-05S4
Wk 3 · Vol 0.01x
2026-10-01S4
Wk 3 · Vol 0.02x
2026-09-30S4
Wk 3 · Vol 0.76x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹21.2
200 DMA
₹25.5
52W High
₹33.8
52W Low
₹15.2
5D Low
₹16.6
Resistance levels (recent highs)
20d High
₹19.6
60d High
₹33.8
120d High
₹33.8
250d High
₹33.8
Next resistance
+18.1%
to 20d High
Ask the Market AI about RHETANAsk →
P/E (TTM)
234.4
Forward —
ROE
+10.2%
Profit margin +31.2%
About this companyMaterials· Metals - Diversified

Rhetan TMT Limited engages in the manufacture and sale of thermo-mechanically treated (TMT) bars in India. The company offers TMT bars which are used in building homes, multi-storeyed, bridges, flyovers, and other civil engineering structures, as well as construction industry; and round bars for use in engineering component, forging industry, foundation bolts, and shafting products. Rhetan TMT Limited was incorporated in 1984 and is based in Ahmedabad, 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.