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WIPL · Materials · 2026-08-28

Western India Plywoods Ltd

4.9WatchWeak -7.3Stage 2 · wk 9In scan: Breakout WatchMARKET: WEAK RECOVERING · 2026-08-28
₹167.9
+2.66% today
₹142 Cr · Micro cap
About this companyMaterials· Wood Products
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The Western India Plywoods Limited manufactures and sells hardboard, plywood, and compreg wood products in India and internationally. The company offers fire retardant and resin surfaced shuttering plywood for applications in industrial filters, and paneling and ceiling substrates in hotels, hospitals, theatres, etc.; marine plywood for boat building, and load and stress bearing industrial applications; and boiling water-resistant plywood used in furniture, structural work in interior design, auto motive coach building, and match-plates in foundries. It also provides standard hardboards for applications in automotive interior trims, shoe heel manufacture, fiber drum lid manufacture, clock backing, photo frame backing, furniture elements, partitions, etc.; oil tempered hardboards for shoe heel manufacture, automobile interior trims, and improving resistance to weathering; and perforated hardboards. In addition, the company offers densified wood laminates; soft board; pre-compressed pressboards for the high voltage and extra high voltage transformer industry; molded plywood furniture; doors; and wooden floorings under the ULTRAKILIK brand name. The Company was incorporated in 1945 and is based in Kannur, India.

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P/E (TTM)
57.3
Forward —
Earnings Growth (YoY)
-1.9%
Revenue +1.8%
Dividend Yield
0.84%
P/B 2.5
vs 52W High
-5.2%
₹141.8 lo₹177.1 hi
5.2% 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 9
1w13w26w
Week 9 — 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
7.0%
200 DMA: ₹156.9 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.19x
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 rolling over · -0.6% vs MA50 +4.2%
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
This stock ranks #87 of 166 Stage 2 stocks in Materials by RS.
Industry
Wood Products
↑ Building
Stage 2%
57.1%
20d Δ
+23.8pp
1M return
-4.8%
3M return
+1.9%
Industry Stage-2 % · last 20 days
Ranks #1 of 4 Stage 2 stocks in this industry. Top stock in industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-06-02 → 2026-08-28
S2 19w
S2 19w
S4 14w
S1 17w
2023-06-022026-08-28
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 19w → S3 5w → S2 19w → S3 11w → S2 7w → S3 1w → S4 1w → S2 12w → S3 5w → S2 10w → S3 5w → S4 14w → S1 17w → S2 3w → S3 6w → S4 11w → S1 10w → S4 2w → S1 2w → S2 8w current
Total tracked: 168 weeks across 20 stage runs.
1M
-0.4%
3M
+9.4%
6M
+10.1%
YTD
+12.4%
1Y
+11.8%
Scan Membership
Breakout Watch
Latest: 2026-07-03
5 appearances in last 60 days. First seen: 2024-06-14.
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 9 · Vol x
2026-08-27S2
Wk 8 · Vol x
2026-08-26S2
Wk 8 · Vol x
2026-08-25S2
Wk 8 · Vol x
2026-08-24S2
Wk 8 · Vol x
2026-08-21S2
Wk 8 · Vol x
2026-08-20S2
Wk 7 · Vol x
2026-08-19S2
Wk 7 · Vol x
2026-08-18S2
Wk 7 · Vol x
2026-08-17S2
Wk 7 · Vol x
2026-08-14S2
Wk 7 · Vol x
2026-08-13S2
Wk 6 · 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
₹169.1
200 DMA
₹156.9
52W High
₹177.1
52W Low
₹141.8
5D Low
₹163.5
Resistance levels (recent highs)
20d High
₹170
60d High
₹177.1
120d High
₹177.1
250d High
₹177.1
Next resistance
+1.3%
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.