Indosolar Ltd

Stage 4 · Declining · week 11

As of 16 Oct 2026, Indosolar is in Stage 4 — declining, a downtrend, in week 11 (since 3 Aug 2026). It closed at ₹213, below its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

Indosolar Limited engages in the manufacturing and trading of solar photovoltaic modules in India, Europe, the United States, Middle East, and Asia. More about the company

₹212.7
+1.10% today
₹885 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dRenewable Energy Equipment & Services 14.3%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is WAAREEINDO 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
—
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 11
1w13w26w
Week 11 — 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
-42.4%
200 DMA: ₹369.1 · 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
1.66x
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 · -10.9% vs MA50 -17.4%
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
-13.9%
3M
-44.2%
6M
-56.6%
YTD
-49.0%
1Y
—
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Renewable Energy Equipment & Services
→ Flat
Stage 2%
14.3%
20d Δ
+0.0pp
1M return
-0.9%
3M return
-11.4%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2020-02-27 → 2026-10-16
S2 16w
S2 19w
S? 58w
2020-02-272026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 1w → S3 9w → S4 5w → S1 1w → S2 13w → S3 14w → S2 16w → S3 10w → S2 11w → S3 7w → S2 19w → S3 10w → S2 5w → S? 58w → S4 11w current
Total tracked: 189 weeks across 15 stage runs.
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-10-16S4
Wk 11 · Vol 1.66x
2026-10-15S4
Wk 11 · Vol 1.17x
2026-10-14S4
Wk 11 · Vol 1.69x
2026-10-13S4
Wk 10 · Vol 3.53x
2026-10-12S4
Wk 10 · Vol 0.89x
2026-10-09S4
Wk 10 · Vol 0.76x
2026-10-08S4
Wk 10 · Vol 1.71x
2026-10-07S4
Wk 10 · Vol 0.78x
2026-10-06S4
Wk 9 · Vol 0.68x
2026-10-05S4
Wk 9 · Vol 1.14x
2026-10-01S4
Wk 9 · Vol 2.01x
2026-09-30S4
Wk 9 · Vol 0.75x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹256.9
200 DMA
₹369.1
52W High
—
52W Low
—
5D Low
₹197.4
Resistance levels (recent highs)
20d High
₹268
60d High
₹371.2
120d High
₹463.5
250d High
—
Next resistance
+26.0%
to 20d High
Ask the Market AI about WAAREEINDOAsk →
P/E (TTM)
6.6
Forward —
Earnings Growth (YoY)
+4.8%
Revenue -57.0%
ROE
+150.6%
Profit margin +36.3%
About this companyIndustrials· Renewable Energy Equipment & Services

Indosolar Limited engages in the manufacturing and trading of solar photovoltaic modules in India, Europe, the United States, Middle East, and Asia. The company was incorporated in 2005 and is based in New Delhi, India. Indosolar Limited is a subsidiary of Waaree Energies Limited.

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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.