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SURYAROSNI · Materials · 2026-08-28

Surya Roshni Ltd

Stage 4 · wk 2In scan: Breakout WatchMARKET: WEAK RECOVERING · 2026-08-28
₹220.5
+0.94% today
₹4,798 Cr · Small cap
About this companyMaterials· Iron & Steel
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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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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
vs 52W High
-27.2%
₹188.1 lo₹302.9 hi
27.2% 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 2
1w13w26w
Week 2 — 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
-10.0%
200 DMA: ₹244.9 · 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
0.47x
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 · -3.9% vs MA50 -3.2%
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
↑ Building
Stage 2%
36.6%
20d Δ
+3.6pp
1M return
+3.0%
3M return
+2.0%
Sector Stage-2 % · last 20 days
Sector has 166 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
33.8%
20d Δ
-6.3pp
1M return
+4.5%
3M return
+2.3%
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 Timeline2023-06-05 → 2026-08-28
S2 18w
S2 24w
S4 19w
S4 24w
2023-06-052026-08-28
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 7w → 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 1w current
Total tracked: 167 weeks across 20 stage runs.
1M
-7.8%
3M
-11.8%
6M
-1.7%
YTD
-18.6%
1Y
-24.9%
Scan Membership
Breakout Watch
Latest: 2026-07-13
3 appearances in last 60 days. First seen: 2024-05-30.
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
2026-08-28S4
Wk 2 · Vol x
2026-08-27S4
Wk 2 · Vol x
2026-08-26S4
Wk 1 · Vol x
2026-08-25S4
Wk 1 · Vol x
2026-08-24S4
Wk 1 · Vol x
2026-08-21S4
Wk 1 · Vol x
2026-08-20S43→4
Wk 1 · Vol x
2026-08-19S3
Wk 3 · Vol x
2026-08-18S3
Wk 3 · Vol x
2026-08-17S3
Wk 3 · Vol x
2026-08-14S3
Wk 2 · Vol x
2026-08-13S3
Wk 2 · Vol x
Sector Peers — Stage 2All →
WELCORP
wk 19 · -1.5% from hi
9.6
MMP
wk 12 · -0.5% from hi
9.4
MANAKSTEEL
wk 14 · 0.0% from hi
9.4
SIGIND
wk 3 · -2.1% from hi
9.4
SBCL
wk 16 · -5.1% from hi
9.4
Moving averages & range
50 DMA
₹242
200 DMA
₹244.9
52W High
₹302.9
52W Low
₹188.1
5D Low
₹218.4
Resistance levels (recent highs)
20d High
₹252.4
60d High
₹266.9
120d High
₹275.8
250d High
₹302.9
Next resistance
+14.5%
to 20d High

All analytics based on EOD data. Data as of 2026-08-28. Past data patterns are not indicative of future results. This page is a data analytics tool only.