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SURYAROSNI· Materials› Iron & Steel

Surya Roshni Ltd

Stage 4 · Declining · week 8

As of 16 Oct 2026, Surya Roshni is in Stage 4 — declining, a downtrend, in week 8 (since 20 Aug 2026). It closed at ₹212, 29.8% below its 52-week high and below its 200-day average, which is falling. In Materials, 34.1% of stocks are in Stage 2.

Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. More about the company

₹212.4
-0.06% today
₹4,623 Cr · Small 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

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

Loading price chart…
vs 52W High
-29.8%
₹188.1 lo₹302.7 hi
29.8% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 8
1w13w26w
Week 8 — 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
-10.2%
200 DMA: ₹236.5 · 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
0.34x
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 flat · -0.4% vs MA50 -4.8%
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
+1.5%
3M
-13.9%
6M
-10.9%
YTD
-20.5%
1Y
-25.4%
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 Timeline2023-07-20 → 2026-10-16
S2 18w
S2 24w
S4 19w
S4 24w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 1w → S3 2w → S2 18w → S3 1w → S2 13w → S3 10w → S4 1w → S2 24w → S3 6w → S4 19w → S1 5w → S2 9w → S3 13w → S4 24w → S1 9w → S2 1w → S1 2w → S4 1w → S3 2w → S4 8w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-07-13
3 appearances in last 60 days. First seen: 2024-05-30.
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 8 · Vol 0.34x
2026-10-15S4
Wk 8 · Vol 2.03x
2026-10-14S4
Wk 8 · Vol 0.49x
2026-10-13S4
Wk 8 · Vol 0.21x
2026-10-12S4
Wk 8 · Vol 0.34x
2026-10-09S4
Wk 7 · Vol 0.43x
2026-10-08S4
Wk 7 · Vol 0.61x
2026-10-07S4
Wk 7 · Vol 0.45x
2026-10-06S4
Wk 7 · Vol 0.27x
2026-10-05S4
Wk 7 · Vol 0.88x
2026-10-01S4
Wk 6 · Vol 2.43x
2026-09-30S4
Wk 6 · Vol 0.51x
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
₹219.2
200 DMA
₹236.5
52W High
₹302.7
52W Low
₹188.1
5D Low
₹207.4
Resistance levels (recent highs)
20d High
₹227.5
60d High
₹252.4
120d High
₹275.8
250d High
₹302.7
Next resistance
+7.1%
to 20d High
P/E (TTM)
18.1
Forward 10.9
Earnings Growth (YoY)
-24.6%
Revenue +1.6%
ROE
+11.2%
Profit margin +3.8%
Dividend Yield
2.36%
P/B 2.1
About this companyMaterials· Iron & Steel

Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes; CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, railway platforms and metros, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various LED lamps, downlighters, street lights, and battens and luminaires; LED lighting; value-added offerings, such as colour changers, lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power tracks, LED strips, radar LED lamps, and wall washer LEDs; and indoor commercial, industrial, roadway, flood, landscape, façade, and solar lightening products, as well as accessories, HID lamps, and light sources. In addition, the company offers celling, table, pedestal, wall, and domestic and industrial exhaust fans; and home appliances, including juicers, mixers, grinders, vegetable choppers, infrared induction and other cooktops, sandwich makers, electric kettles, dry and steam irons, gas cook tops, storage and instant water heaters, immersion water heaters, air coolers, and halogen and quartz heaters. Further, it provides PVC pipes and fitting for water pipelines, housing sectors, domestic and industrial drainage systems, industrial process lines, swimming pools, salt-water lines, and agriculture/irrigation systems. The company also exports its products to the United States, Australia, Canada, Mexico, the Middle East, Europe, Africa, and internationally. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, 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.