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SUNFLAG · Materials · 2026-08-21

Sunflag Iron and Steel Co Ltd

Stage 3 · wk 3In scan: Pullback Hunter · Prop Scan · Breakout WatchMARKET: BULL RISING · 2026-08-21
₹353.9
-1.20% today
₹6,377 Cr · Mid cap
About this companyMaterials· Iron & Steel
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Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India and internationally. The company offers super alloys, tool steels, SSR 550, spring steels, free cutting steels, forging steels, forging ingots, microalloyed steels, engine value steels, cold forging steels, and bearing steels. It also provides flat steel, round bars and coils, rolled bars and wires, round cornered squares, and hexagonal steel products. The company's products are used for automobile, general engineering, machinery, projects, railway, defence, and construction applications. It exports its products to South East Asian, North American and South American Countries, South Africa, the European Union, Japan, Taiwan, Australia, Switzerland, the United Kingdom, and Ireland. Sunflag Iron and Steel Company Limited was incorporated in 1984 and is headquartered in Nagpur, India.

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P/E (TTM)
33.4
Forward —
Earnings Growth (YoY)
+19.8%
Revenue +5.7%
Dividend Yield
0.19%
P/B 0.8
vs 52W High
-14.9%
₹194.1 lo₹415.9 hi
14.9% 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 3
1w13w26w
Week 3 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
20.4%
200 DMA: ₹293.9 · 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
1.49x
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
↗ ⇈
Accelerating · MA20 +1.6% vs MA50 -0.6% / 10d
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.
Sector
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 19w
S2 16w
S2 18w
S4 22w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 19w → S3 10w → S2 12w → S3 5w → S4 5w → S1 1w → S2 16w → S3 6w → S4 7w → S1 1w → S2 10w → S3 5w → S4 4w → S2 18w → S3 11w → S4 22w → S1 2w → S2 12w → S3 2w current
Total tracked: 168 weeks across 19 stage runs.
1M
+1.2%
3M
-6.2%
6M
+45.2%
YTD
+32.4%
1Y
+16.1%
Scan Membership
Pullback Hunter
Latest: 2026-07-02
Prop Scan
Latest: 2026-07-02
Breakout Watch
Latest: 2026-05-13
44 appearances in last 60 days. First seen: 2024-05-29.
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
2026-08-21S3
Wk 3 · Vol x
2026-08-20S3
Wk 3 · Vol x
2026-08-19S3
Wk 2 · Vol x
2026-08-18S3
Wk 2 · Vol x
2026-08-17S3
Wk 2 · Vol x
2026-08-14S3
Wk 2 · Vol x
2026-08-13S3
Wk 2 · Vol x
2026-08-12S3
Wk 1 · Vol x
2026-08-11S3
Wk 1 · Vol x
2026-08-10S3
Wk 1 · Vol x
2026-08-07S3
Wk 1 · Vol x
2026-08-06S32→3
Wk 1 · Vol x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹354.9
200 DMA
₹293.9
52W High
₹415.9
52W Low
₹194.1
5D Low
₹353.6
Resistance levels (recent highs)
20d High
₹389.4
60d High
₹406.9
120d High
₹415.9
250d High
₹415.9
Next resistance
+10.0%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.