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SURAJLTD · Materials · 2026-08-07

Suraj Ltd

Stage 4 · wk 7MARKET: BULL TOPPING · 2026-08-07
₹221.9
+1.47% today
₹407 Cr · Micro cap
About this companyMaterials· Iron & Steel
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Suraj Limited manufactures and sells stainless steel seamless pipes, tubes, U tubes, flanges, and fittings in India. The company provides seamless instrumentation tubes, seamless heat exchanger tubes, seamless heat exchanger U tubes, and seamless buttweld fittings, as well as tubes, electro polished tubes, flanges and stub ends, carbon steel tubes, and forged rings. It serves pharmaceuticals, dyes and pigments, oil, gas, refinery, etc. industries. The company exports its products to approximately 70 countries. Suraj Limited was founded in 1960 and is based in Ahmedabad, India.

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P/E (TTM)
57.6
Forward —
ROE
+5.5%
Profit margin +3.6%
Dividend Yield
1.31%
P/B 3.2
vs 52W High
-37.8%
₹216 lo₹356.8 hi
37.8% 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 7
1w13w26w
Week 7 — 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
-8.8%
200 DMA: ₹243.2 · 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
0.07x
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 · -1.9% vs MA50 -2.2%
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
↓ Peaking
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
Sector has 135 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
38.0%
20d Δ
-14.8pp
1M return
+5.8%
3M return
+1.2%
Industry Stage-2 % · last 20 days
Industry has 27 Stage 2 leaders. See Iron & Steel Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2024-08-29 → 2026-08-07
S? 42w
S4 43w
S1 9w
2024-08-292026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S4 43w → S1 9w → S4 7w current
Total tracked: 101 weeks across 4 stage runs.
1M
-3.5%
3M
-9.5%
6M
+1.4%
YTD
-9.2%
1Y
-37.7%
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-08-07S4
Wk 7 · Vol x
2026-08-06S4
Wk 7 · Vol x
2026-08-05S4
Wk 7 · Vol x
2026-08-04S4
Wk 7 · Vol x
2026-08-03S4
Wk 6 · Vol x
2026-07-31S4
Wk 6 · Vol x
2026-07-30S4
Wk 6 · Vol x
2026-07-29S4
Wk 6 · Vol x
2026-07-28S4
Wk 6 · Vol x
2026-07-27S4
Wk 5 · Vol x
2026-07-24S4
Wk 5 · Vol x
2026-07-23S4
Wk 5 · Vol x
Sector Peers — Stage 2All →
GULFPETRO
wk 7 · 0.0% from hi
9.4
APCOTEXIND
wk 13 · -9.8% from hi
9.4
ASAHISONG
wk 6 · -7.4% from hi
9.0
LLOYDSME
wk 15 · 0.0% from hi
8.9
GANESHBE
wk 13 · -3.6% from hi
8.9
Moving averages & range
50 DMA
₹227
200 DMA
₹243.2
52W High
₹356.8
52W Low
₹216
5D Low
₹217.3
Resistance levels (recent highs)
20d High
₹230.5
60d High
₹238.5
120d High
₹268.8
250d High
₹353.7
Next resistance
+3.9%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.