Suraj Ltd

Stage 4 · Declining · week 17

As of 16 Oct 2026, Suraj is in Stage 4 — declining, a downtrend, in week 17 (since 22 Jun 2026). It closed at ₹202, 41.1% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Suraj Limited manufactures and sells stainless steel seamless pipes, tubes, U tubes, flanges, and fittings in India. More about the company

₹201.9

-1.35% today

₹371 Cr · Micro cap

Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is SURAJLTD 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

-41.1%

₹181.7 lo₹342.9 hi

41.1% 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 17

1w13w26w

Week 17 — established downtrend

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

-10.5%

200 DMA: ₹225.7 · 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

0.70x

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 · -0.7% vs MA50 -5.1%

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.

+2.3%

-10.2%

-20.2%

YTD

-22.1%

-37.6%

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

Iron & Steel

↑ Building

Stage 2%

36.7%

20d Δ

+1.3pp

1M return

-0.1%

3M return

+2.9%

Industry Stage-2 % · last 20 days

Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →

Stage Cycle Timeline2024-08-29 → 2026-10-16

S? 42w

S4 43w

S1 9w

S4 17w

2024-08-292026-10-16

S1S2S3S4Setup score (0–10, dashed line at 5)

S? 42w → S4 43w → S1 9w → S4 17w current

Total tracked: 111 weeks across 4 stage runs.

Scan Membership

Not in any current scan.

Recent Stage Timeline

2026-10-16S4

Wk 17 · Vol 0.70x

2026-10-15S4

Wk 17 · Vol 2.00x

2026-10-14S4

Wk 17 · Vol 0.31x

2026-10-13S4

Wk 16 · Vol 2.27x

2026-10-12S4

Wk 16 · Vol 0.06x

2026-10-09S4

Wk 16 · Vol 3.15x

2026-10-08S4

Wk 16 · Vol 4.01x

2026-10-07S4

Wk 16 · Vol 0.55x

2026-10-06S4

Wk 15 · Vol 1.80x

2026-10-05S4

Wk 15 · Vol 0.48x

2026-10-01S4

Wk 15 · Vol 0.28x

2026-09-30S4

Wk 15 · Vol 0.00x

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

₹204.1

200 DMA

₹225.7

52W High

₹342.9

52W Low

₹181.7

5D Low

₹201.9

Resistance levels (recent highs)

20d High

₹208

60d High

₹230.5

120d High

₹245.1

250d High

₹342.9

Next resistance

+3.0%

to 20d High

Ask the Market AI about SURAJLTDAsk →

P/E (TTM)

57.6

Forward —

ROE

+5.5%

Profit margin +3.6%

Dividend Yield

1.31%

P/B 3.2

About this companyMaterials· Iron & Steel

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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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.