Rishabh Instruments Ltd

Stage 2 · Advancing · week 33Setup 4.4 WatchWeak -2.9

As of 16 Oct 2026, Rishabh Instruments is in Stage 2 — advancing, the uptrend phase, in week 33 (since 24 Feb 2026). It closed at ₹686, 17.3% below its 52-week high and above its 200-day average, which is rising. In Industrials, 25.5% of stocks are in Stage 2.

Rishabh Instruments Limited engages in the design, development, and manufacturing of global energy efficiency solutions in electrical automation, measurement, and industrial technology in Asia, the Un… More about the company

₹686.4
+2.33% today
₹2,656 Cr · Small cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dElectrical Components & Equipments 32.6%-2.3 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

4.4 Watch

Momentum

Steady

Edge

Weak -2.9

Setup-score rank among Stage 2 peers: #10 of 14 in Electrical Components & Equipments · #85 of 130 in Industrials

Is RISHABH 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
-17.3%
₹319.8 lo₹829.6 hi
17.3% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 33
1w13w26w
Week 33 — mature, watch for distribution
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
27.4%
200 DMA: ₹538.9 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.73x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -7.1% 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
-9.5%
3M
+4.6%
6M
+47.6%
YTD
+79.0%
1Y
+60.7%
Sector
Industrials
↓ Peaking
Stage 2%
25.5%
20d Δ
-2.0pp
1M return
-0.9%
3M return
-2.5%
Sector Stage-2 % · last 20 days
This stock ranks #39 of 125 Stage 2 stocks in Industrials by RS.
Industry
Electrical Components & Equipments
↓ Peaking
Stage 2%
32.6%
20d Δ
-2.3pp
1M return
-1.3%
3M return
+4.2%
Industry Stage-2 % · last 20 days
Ranks #9 of 13 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-09-11 → 2026-10-16
S? 43w
S4 45w
S2 15w
S2 34w
2023-09-112026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S4 45w → S1 11w → S2 15w → S3 7w → S2 2w → S3 5w → S2 34w current
Total tracked: 161 weeks across 8 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-30
Pullback Hunter
Latest: 2026-08-21
60 appearances in last 60 days. First seen: 2026-07-13.
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
2026-10-16S2
Wk 33 · Vol 0.73x
2026-10-15S2
Wk 33 · Vol 0.51x
2026-10-14S2
Wk 33 · Vol 0.80x
2026-10-13S2
Wk 33 · Vol 1.40x
2026-10-12S2
Wk 32 · Vol 0.92x
2026-10-09S2
Wk 32 · Vol 2.56x
2026-10-08S2
Wk 32 · Vol 0.67x
2026-10-07S2
Wk 32 · Vol 0.36x
2026-10-06S2
Wk 32 · Vol 0.61x
2026-10-05S2
Wk 31 · Vol 0.34x
2026-10-01S2
Wk 31 · Vol 0.66x
2026-09-30S2
Wk 31 · Vol 0.42x
Sector Peers — Stage 2All →
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHREEJISPG
wk 17 · 0.0% from hi
8.4
SHIVAUM
wk 28 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
SPECTRUM
wk 19 · -3.3% from hi
8.2
Moving averages & range
50 DMA
₹710.6
200 DMA
₹538.9
52W High
₹829.6
52W Low
₹319.8
5D Low
₹670.7
Resistance levels (recent highs)
20d High
₹764.7
60d High
₹829.6
120d High
₹829.6
250d High
₹829.6
Next resistance
+11.4%
to 20d High
Ask the Market AI about RISHABHAsk →
P/E (TTM)
26.2
Forward 17.6
Earnings Growth (YoY)
+205.5%
Revenue +9.3%
ROE
+12.1%
Profit margin +10.5%
About this companyIndustrials· Electrical Components & Equipments

Rishabh Instruments Limited engages in the design, development, and manufacturing of global energy efficiency solutions in electrical automation, measurement, and industrial technology in Asia, the United States, Poland, other European countries, and internationally. The company offers electrical automation devices, including energy management & SCADA software, transducers, humidity recorders, I/O modules and converters, isolators, and temperature controllers; metering, control, and protection devices, such as analog panel meters, rotary CAM switches, multi-load monitoring meters, power quality meters, current transformers, power quality analyzers, battery chargers, synchronising units, power supply, shunts, power factor controller, digital panel, meters, LV protection relays, multi-function meters, and medium voltage protection relays; portable test & measurement instruments, includes digital multi-meters, digital earth testers, digital clamp meters, digital insulation testers, and submarine cable fault locator; and environmental instruments, such as thickness meter, digital lux meter, non-contact tachometer, db meter, temperature & rh meter, moisture meter, ir meter, and anemometer. It also offers solar string inverters and aluminum die casting. The company serves data centers, pharmaceuticals, fast-moving consumer goods, railways, utilities, petrochemical, and automotive industries. The company was formerly known as Rishabh Instruments Private Limited and changed its name to Rishabh Instruments Limited in September 2022. Rishabh Instruments Limited was incorporated in 1982 and is headquartered in Nashik, 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.