The evidence leans constructive6 supporting, 1 against, 1 worth knowing
Supporting
trading 143% above its 200-day average
sitting at 100% of its 52-week range, with little overhead supply from trapped buyers
up 128% over twelve months
matches closed at the day's high, which has beaten the market by +3.63 points over 20 sessions across 2,991 past signals
8 of the scans it matches have a positive measured record
6 independent kinds of evidence agree today, which is uncommon
Against
net margin has narrowed from 11.3% to 10.8% across four quarters
Worth knowing
RSI at 85 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
What would change this read: a close below 184, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working5
Borrowings are 0.07 times owners' equity, Rs 57 cr against Rs 789 cr.
0.07Rs 57 crRs 789 cr
Trading 142.8% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.
+142.8%
Within 0.0% of its 52-week high.
-0.0%
Up 127.8% over the past year.
+127.8%
3 different kinds of evidence point at it tonight, not 3 versions of the same one.
3 families
Needs watching1
A warning rule fires on it tonight: stretched far above trend.
Stretched far above trend
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 1 of these 1 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
13 of 47 matched on 10 Sep
SETL matches 13 of the 47 scans today, across 6 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
SETL reports a single business segment — Engineering & Technology Solutions, classified under no published industry. Revenue in the quarter ending 30 June 2026 was 258 cr.
One segment means there is no mix to average over: the group result and this segment’s result are the same number, so anything that moves the business shows up undiluted. The segment name is the company’s own, taken from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
10.7%
trailing profit over shareholders’ funds
Return on capital
13.3%
pre-tax profit over equity plus borrowings
Debt to equity
0.07×
57 cr borrowed against 789 cr of equity
Net debt
50 cr
borrowings less cash
Cash conversion
54%
operating cash flow as a share of profit
Receivable days
116
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
net margin widened from 9.3% to 10.8%
revenue rose in 3 of the last 3 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
248
36
27
1.32
10.8%
Q4 FY26
31 Mar · consolidated
227
29
21
0.99
9.3%
Q3 FY26
31 Dec · consolidated
192
26
20
0.96
10.6%
Q3 FY25
31 Dec · consolidated
140
22
16
0.82
11.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+43.9%
Versus 200-day average+142.8%
Below 52-week high+0.0%
Above 52-week low+322.1%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)84.8
Higher closes in last 54 of 5
Six-month return+275.49%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.63%
Volume versus 20-day0.3x
Median daily turnoverRs 41.6 cr
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
10 Sep
7
Closing in on a 52-week high, The market's strongest stocks, Beating the market for 6 months, Hammer — long tail below, Closed at the day's high, Above the 200-day EMA +1
9 Sep
6
Closing in on a 52-week high, The market's strongest stocks, Beating the market for 6 months, Closed at the very top of its range, Closed at the day's high, Above the 200-day EMA
8 Sep
3
The market's strongest stocks, Beating the market for 6 months, Above the 200-day EMA
7 Sep
3
The market's strongest stocks, Beating the market for 6 months, Bearish engulfing
4 Sep
5
The market's strongest stocks, Beating the market for 6 months, Made a new 52-week high today, Short averages stacked in order, Above the 200-day EMA
3 Sep
3
The market's strongest stocks, Beating the market for 6 months, Above the 200-day EMA
2 Sep
4
The market's strongest stocks, Beating the market for 6 months, Bearish engulfing, Above the 200-day EMA
1 Sep
9
Rising on most days lately, Closing in on a 52-week high, The market's strongest stocks, Beating the market for 6 months, Made a new 52-week high today, Closed at the very top of its range +3
31 Aug
4
Rising on most days lately, The market's strongest stocks, Beating the market for 6 months, Above the 200-day EMA
28 Aug
7
Rising on most days lately, The market's strongest stocks, Beating the market for 6 months, Made a new 52-week high today, Closed at the day's high, Above the 200-day EMA +1
27 Aug
5
The market's strongest stocks, Beating the market for 6 months, Made a new 52-week high today, Closed at the day's high, Gapped up and held it
26 Aug
4
The market's strongest stocks, Beating the market for 6 months, Made a new 52-week high today, Closed at the day's high