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THEJO · Industrials · 2026-08-28

Thejo Engineering Ltd

7.0★★ GoodSolid +4.2Stage 2 · wk 8In scan: Prop Scan · Pullback Hunter · Breakout WatchMARKET: WEAK RECOVERING · 2026-08-28
₹2,060.6
-1.58% today
₹2,235 Cr · Small cap
About this companyIndustrials· Construction & Engineering
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Thejo Engineering Limited designs, develops, manufactures, and supplies rubber and polyurethane based engineering products for bulk material handling systems, mineral processing, and corrosion protection applications in India and internationally. It operates through three segments: Manufacturing Units, Service Units, and Others. The company provides conveyor care products, including belt conveyor splicing and repair solutions, pulley lagging sheets, vulcanizing equipment, and belt coiler and de coiler products, as well as school tool kits, such as hand and power tools, and personal protective equipment; and transfer point solutions comprising belt cleaners and trackers, impact cushion pads, skirt sealing systems, and engineered chutes. It also offers high pressure fogging systems for dust suppression; flow promotion products; and abrasion and wear protection products, including mill lining, bulk flow chutes, wear resistant panels and sheeting, and twister cyclone and pump spares, as well as rubber hoses, lined pipes, and fittings; and other services. In addition, the company provides corrosion protection products comprising rubber sheeting, hoses, lined pipes, and fittings; and primers adhesive and repair putty products, expansion joints and bellows, fabrication and linings, and PTFE linings and bellows. Further, it offers scalping and sizing, de-watering, flip flow, and trommel screening solutions, as well as grator spares; rubber, engineered plastic, and metallic spares; and specialty products. Additionally, the company provides conveyor belt, project execution, transfer point, abrasion and wear, filtration, screening, and corrosion protection services. It serves steel, mining, mineral processing, aggregates, sand and gravel, power, metal, chemical and fertilizer, cement, paper and pulp, and food and grain industries, as well as ports and terminals. The company was founded in 1974 and is based in Chennai, India.

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P/E (TTM)
36.0
Forward —
Earnings Growth (YoY)
-32.4%
Revenue +19.7%
Dividend Yield
0.30%
P/B 5.4
vs 52W High
-7.3%
₹1,457.4 lo₹2,223.9 hi
7.3% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 8
1w13w26w
Week 8 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
17.3%
200 DMA: ₹1,757.3 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
2.93x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 trending up · +3.7% vs MA50 +11.6%
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
Industrials
↓ Peaking
Stage 2%
33.3%
20d Δ
-2.8pp
1M return
+5.0%
3M return
+8.3%
Sector Stage-2 % · last 20 days
This stock ranks #100 of 160 Stage 2 stocks in Industrials by RS.
Industry
Construction & Engineering
↓ Peaking
Stage 2%
26.4%
20d Δ
-2.8pp
1M return
+1.4%
3M return
+0.8%
Industry Stage-2 % · last 20 days
Ranks #11 of 22 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-06-02 → 2026-08-28
S2 16w
S2 17w
S2 28w
S4 27w
S4 15w
2023-06-022026-08-28
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 2w → S2 17w → S3 3w → S2 28w → S3 6w → S4 27w → S1 12w → S2 9w → S3 4w → S4 15w → S1 6w → S4 7w → S1 9w → S2 7w current
Total tracked: 169 weeks across 15 stage runs.
1M
+8.4%
3M
+32.9%
6M
+19.4%
YTD
+26.5%
1Y
+6.8%
Scan Membership
Prop Scan
Latest: 2026-08-28
Pullback Hunter
Latest: 2026-08-21
Breakout Watch
Latest: 2026-07-08
42 appearances in last 60 days. First seen: 2024-02-27.
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
2026-08-28S2
Wk 8 · Vol x
2026-08-27S2
Wk 8 · Vol x
2026-08-26S2
Wk 8 · Vol x
2026-08-25S2
Wk 7 · Vol x
2026-08-24S2
Wk 7 · Vol x
2026-08-21S2
Wk 7 · Vol x
2026-08-20S2
Wk 7 · Vol x
2026-08-19S2
Wk 7 · Vol x
2026-08-18S2
Wk 6 · Vol x
2026-08-17S2
Wk 6 · Vol x
2026-08-14S2
Wk 6 · Vol x
2026-08-13S2
Wk 6 · Vol x
Sector Peers — Stage 2All →
RATNAVEER
wk 16 · 0.0% from hi
10.0
MARINE
wk 14 · 0.0% from hi
10.0
UNIVCABLES
wk 16 · -3.0% from hi
9.4
MODISONLTD
wk 14 · -0.5% from hi
9.3
APARINDS
wk 27 · -1.1% from hi
9.3
Moving averages & range
50 DMA
₹1,974.9
200 DMA
₹1,757.3
52W High
₹2,223.9
52W Low
₹1,457.4
5D Low
₹2,032.2
Resistance levels (recent highs)
20d High
₹2,223.9
60d High
₹2,223.9
120d High
₹2,223.9
250d High
₹2,223.9
Next resistance
+7.9%
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.