Price trend
Of 76 companies, 43 are rising, 8 moving sideways and 25 falling
Each company’s latest price phase, from its Price journey card. Price = earnings per share × P/E, so every move splits exactly into the change in earnings and the change in the multiple; the reason names the larger. The P/E did more of the work in 23 of the 43 rises and 24 of the 25 falls. Descriptive, not a buy list.
Rising43
Lumax Auto Technologies Limited
LUMAXTECH · Automobile and Auto Components
May ’20 · 6.4 yr
27x
Mostly the P/EEPS ×5.0 · P/E 7.6x → 41x
Lloyds Metals and Energy Limited
LLOYDSME · Metals & Mining
Dec ’21 · 4.8 yr
23x
Mostly earningsEPS ×379 · P/E 362x → 22x
APL Apollo Tubes Limited
APLAPOLLO · Capital Goods
Apr ’20 · 6.5 yr
18x
Mostly earningsEPS ×4.5 · P/E 12x → 49x
Kwality Pharmaceuticals Limited
KPL · Healthcare
May ’23 · 3.4 yr
13x
Mostly the P/EEPS ×2.1 · P/E 7.2x → 44x
Bhagyanagar India Limited
BHAGYANGR · Metals & Mining
Jul ’25 · 16 mo
7.7x
Mostly earningsEPS ×4.3 · P/E 1.7x → 3.0x
Radico Khaitan Limited
RADICO · Fast Moving Consumer Goods
May ’22 · 4.4 yr
5.9x
Mostly earningsEPS ×2.5 · P/E 36x → 84x
Knowledge Marine & Engineering Works Limited
KMEW · Services
May ’25 · 18 mo
4.9x
Mostly earningsEPS ×3.5 · P/E 47x → 65x
TD Power Systems Limited
TDPOWERSYS · Capital Goods
Feb ’25 · 20 mo
4.8x
Mostly the P/EEPS ×1.8 · P/E 32x → 85x
Sakar Healthcare Limited
SAKAR · Healthcare
Mar ’25 · 19 mo
4.4x
Mostly earningsEPS ×2.3 · P/E 31x → 59x
HFCL Limited
HFCL · Capital Goods
Jan ’26 · 9 mo
4.4x
Mostly earningsEPS ×20 · P/E 322x → 70x
Avalon Technologies Limited
AVALON · Capital Goods
Aug ’24 · 2.2 yr
4.3x
Mostly earningsEPS ×7.2 · P/E 168x → 100x
Sky Gold and Diamonds Limited
SKYGOLD · Consumer Durables
Sep ’25 · 13 mo
3.9x
Mostly earningsEPS ×2.0 · P/E 35x → 68x
Centum Electronics Limited
CENTUM · Capital Goods
Mar ’25 · 19 mo
3.4x
No split
Shilpa Medicare Limited
SHILPAMED · Healthcare
Jan ’26 · 9 mo
3.4x
Mostly the P/EEPS ×1.8 · P/E 33x → 63x
Yash Highvoltage Limited
YASHHVOLT · Capital Goods
Jan ’26 · 9 mo
3.2x
Mostly the P/EEPS ×1.3 · P/E 36x → 91x
Macpower CNC Machines Limited
MACPOWER · Capital Goods
Mar ’25 · 19 mo
2.8x
Mostly the P/EEPS ×1.5 · P/E 26x → 48x
Fineotex Chemical Limited
FCL · Chemicals
Mar ’26 · 7 mo
2.8x
Mostly the P/EEPS ×1.2 · P/E 24x → 55x
OBSC Perfection Limited
OBSCP · Automobile and Auto Components
Mar ’26 · 7 mo
2.7x
Mostly the P/EEPS ×1.4 · P/E 32x → 64x
NAVIN FLUORINE INTERNATIONAL LIMITED
NAVINFLUOR · Chemicals
Mar ’24 · 2.6 yr
2.7x
Mostly earningsEPS ×2.6 · P/E 51x → 53x
KSH International Limited
KSHINTL · Capital Goods
Dec ’25 · 10 mo
2.7x
Mostly earningsEPS ×1.9 · P/E 35x → 49x
Aimtron Electronics Limited
AIMTRON · Capital Goods
Jan ’26 · 9 mo
2.4x
Mostly the P/EEPS ×1.2 · P/E 43x → 81x
Syrma SGS Technology Limited
SYRMA · Capital Goods
Jan ’26 · 9 mo
2.3x
Mostly earningsEPS ×1.6 · P/E 56x → 82x
Aegis Logistics Limited
AEGISLOG · Services
Apr ’26 · 7 mo
2.3x
Mostly earningsEPS ×1.6 · P/E 27x → 37x
Vintage Coffee and Beverages Limited
VINCOFE · Fast Moving Consumer Goods
Feb ’25 · 20 mo
2.1x
Mostly earningsEPS ×2.5 · P/E 212x → 184x
Aether Industries Limited
AETHER · Chemicals
Sep ’25 · 13 mo
2.1x
Mostly the P/EEPS ×1.3 · P/E 53x → 85x
Rishabh Instruments Limited
RISHABH · Capital Goods
Jan ’26 · 9 mo
2.1x
Mostly the P/EEPS ×1.4 · P/E 23x → 33x
Sona BLW Precision Forgings Ltd.
SONACOMS · Automobile and Auto Components
Sep ’25 · 13 mo
+97%
Mostly the P/EEPS ×1.2 · P/E 43x → 69x
Venus Pipes & Tubes Limited
VENUSPIPES · Capital Goods
Mar ’26 · 7 mo
+96%
Mostly the P/EEPS flat · P/E 19x → 38x
Virtuoso Optoelectronics Limited
VOEPL · Capital Goods
Mar ’26 · 7 mo
+90%
Mostly the P/EEPS ×1.2 · P/E 66x → 108x
Marksans Pharma Limited
MARKSANS · Healthcare
Mar ’26 · 7 mo
+88%
Mostly earningsEPS ×1.4 · P/E 21x → 27x
SoftTech Engineers Limited
SOFTTECH · Information Technology
Mar ’26 · 7 mo
+87%
Mostly earningsEPS ×1.9 · P/E 126x → 125x
CarTrade Tech Limited
CARTRADE · Consumer Services
Apr ’26 · 6 mo
+87%
Mostly the P/EEPS ×1.2 · P/E 38x → 62x
Coforge Limited
COFORGE · Information Technology
Mar ’26 · 7 mo
+77%
Mostly the P/EEPS ×1.1 · P/E 29x → 45x
Manorama Industries Limited
MANORAMA · Fast Moving Consumer Goods
Jan ’26 · 9 mo
+65%
Mostly the P/EEPS ×1.3 · P/E 37x → 48x
Kalyan Jewellers India Limited
KALYANKJIL · Consumer Durables
Jun ’26 · 4 mo
+61%
Mostly the P/EEPS ×1.1 · P/E 26x → 39x
Aeroflex Industries Limited
AEROFLEX · Capital Goods
Apr ’26 · 6 mo
+60%
Mostly the P/EEPS ×1.3 · P/E 78x → 99x
Dynamic Cables Limited
DYCL · Capital Goods
Mar ’26 · 7 mo
+59%
Mostly the P/EEPS ×1.1 · P/E 15x → 22x
Sambhv Steel Tubes Limited
SAMBHV · Capital Goods
May ’26 · 5 mo
+31%
Mostly earningsEPS ×1.6 · P/E 36x → 30x
Quality Power Electrical Equipments Limited
QPOWER · Capital Goods
Jul ’26 · 3 mo
+30%
Mostly the P/EEPS ×1.1 · P/E 71x → 85x
Ethos Limited
ETHOSLTD · Consumer Durables
Mar ’26 · 7 mo
+27%
Mostly the P/EEPS ×1.1 · P/E 56x → 65x
Sterlite Technologies Limited
STLTECH · Capital Goods
Aug ’26 · 2 mo
+24%
Mostly the P/EEPS ×0.91 · P/E 136x → 186x
Bondada Engineering Limited
BONDADA · Construction
Mar ’26 · 7 mo
+24%
Mostly earningsEPS ×1.3 · P/E 17x → 15x
Senco Gold Limited
SENCO · Consumer Durables
Mar ’26 · 7 mo
+21%
Mostly earningsEPS ×1.2 · P/E 9.7x → 9.7x
Sideways8
Arman Financial Services Limited
ARMANFIN · Financial Services
Mar ’25 · 19 mo
+33%
Mostly earningsEPS ×1.3 · P/E 14x → 14x
Time Technoplast Limited
TIMETECHNO · Capital Goods
Aug ’25 · 14 mo
−26%
Mostly the P/EEPS ×1.1 · P/E 27x → 18x
LUMAX INDUSTRIES LIMITED
LUMAXIND · Automobile and Auto Components
Feb ’26 · 8 mo
−11%
Mostly the P/EEPS ×1.1 · P/E 33x → 26x
Sagility Limited
SAGILITY · Information Technology
Mar ’26 · 7 mo
+17%
Mostly earningsEPS ×1.2 · P/E 20x → 21x
Acutaas Chemicals Limited
ACUTAAS · Healthcare
Jul ’26 · 4 mo
−11%
Mostly the P/EEPS flat · P/E 85x → 74x
GNG Electronics Limited
GNG · Consumer Durables
Jul ’26 · 4 mo
+10%
Mostly earningsEPS ×1.1 · P/E 55x → 56x
Gala Precision Engineering Limited
GALAPREC · Capital Goods
Jul ’26 · 3 mo
−11%
Mostly the P/EEPS flat · P/E 42x → 36x
Goldiam International Limited
GOLDIAM · Consumer Durables
Jul ’26 · 3 mo
−15%
Mostly the P/EEPS ×1.2 · P/E 33x → 23x
Falling25
Intellect Design Arena Limited
INTELLECT · Information Technology
Jun ’25 · 16 mo
−45%
Mostly the P/EEPS ×1.1 · P/E 50x → 25x
Interarch Building Solutions Limited
INTERARCH · Construction
Nov ’25 · 11 mo
−39%
Mostly the P/EEPS ×1.1 · P/E 34x → 20x
Zaggle Prepaid Ocean Services Limited
ZAGGLE · Financial Services
Apr ’26 · 6 mo
−37%
Mostly the P/EEPS flat · P/E 27x → 17x
Garden Reach Shipbuilders & Engineers Limited
GRSE · Capital Goods
Jun ’25 · 16 mo
−36%
Mostly the P/EEPS ×1.5 · P/E 71x → 30x
KRN Heat Exchanger and Refrigeration Limited
KRN · Capital Goods
Aug ’26 · 2 mo
−32%
Mostly the P/EEPS flat · P/E 109x → 77x
Pondy Oxides and Chemicals Limited
POCL · Metals & Mining
May ’26 · 5 mo
−32%
Mostly the P/EEPS ×2.4 · P/E 81x → 23x
Suzlon Energy Limited
SUZLON · Capital Goods
Jun ’26 · 4 mo
−31%
Mostly the P/EEPS flat · P/E 26x → 18x
Fiem Industries Limited
FIEMIND · Automobile and Auto Components
Aug ’26 · 2 mo
−29%
Mostly the P/EEPS flat · P/E 27x → 19x
Waaree Energies Limited
WAAREEENER · Capital Goods
Apr ’26 · 6 mo
−27%
Mostly the P/EEPS ×1.1 · P/E 29x → 18x
Indian Metals & Ferro Alloys Limited
IMFA · Metals & Mining
Apr ’26 · 6 mo
−27%
Mostly the P/EEPS ×1.4 · P/E 23x → 12x
Advait Energy Transitions Limited
ADVAIT · Capital Goods
Jun ’26 · 4 mo
−26%
Mostly the P/EEPS ×1.1 · P/E 50x → 34x
Wise Travel India Limited
WTICAB · Consumer Services
Jun ’26 · 4 mo
−25%
Mostly the P/EEPS ×0.92 · P/E 10x → 8.1x
Jeena Sikho Lifecare Limited
JSLL · Healthcare
Aug ’26 · 2 mo
−25%
Mostly the P/EEPS flat · P/E 27x → 20x
Shree Refrigerations Limited
SHREEREF · Capital Goods
Aug ’26 · 2 mo
−25%
Mostly the P/EEPS flat · P/E 70x → 53x
Dee Development Engineers Limited
DEEDEV · Capital Goods
Jul ’26 · 4 mo
−24%
Mostly the P/EEPS flat · P/E 62x → 48x
KEI Industries Limited
KEI · Capital Goods
Aug ’26 · 2 mo
−22%
Mostly the P/EEPS flat · P/E 55x → 43x
S.J.S. Enterprises Limited
SJS · Automobile and Auto Components
Aug ’26 · 2 mo
−21%
Mostly the P/EEPS flat · P/E 43x → 34x
R R Kabel Limited
RRKABEL · Capital Goods
Aug ’26 · 2 mo
−19%
Mostly the P/EEPS flat · P/E 54x → 44x
Yasho Industries Limited
YASHO · Chemicals
Aug ’26 · 2 mo
−19%
Mostly the P/EEPS flat · P/E 102x → 82x
Netweb Technologies India Limited
NETWEB · Information Technology
Aug ’26 · 2 mo
−17%
Mostly the P/EEPS flat · P/E 128x → 106x
MTAR Technologies Limited
MTARTECH · Capital Goods
Jun ’26 · 4 mo
−17%
No split
Carysil Limited
CARYSIL · Consumer Durables
Jun ’26 · 4 mo
−17%
Mostly the P/EEPS ×1.1 · P/E 35x → 27x
Neuland Laboratories Limited
NEULANDLAB · Healthcare
Aug ’26 · 2 mo
−17%
Mostly the P/EEPS flat · P/E 60x → 51x
Senores Pharmaceuticals Limited
SENORES · Healthcare
Aug ’26 · 2 mo
−16%
Mostly the P/EEPS flat · P/E 55x → 48x
Entero Healthcare Solutions Limited
ENTERO · Healthcare
Aug ’26 · 2 mo
−15%
Mostly the P/EEPS flat · P/E 61x → 52x
- Phases and turning points are picked automatically from weekly closes (adjusted for splits and bonus issues). Sideways: a year or more inside 0.7–1.5×, or any stretch that moved less than about 15%.
- No split: one end of the phase has no usable P/E (losses, near-zero or stale earnings), so the move is shown without its reason.
- 18 companies are held back: prices more than 10 days old, so their current phase is out of date.
- Prices to 19 Oct 2026.