Jayaswal Neco Industries Ltd Share Price

A rounding bottom breakout is a bullish chart pattern that forms after a downtrend where the price gradually stops falling, moves sideways, and slowly starts rising, creating a “U” shaped structure on the chart. This pattern shows that selling pressure is reducing and buyers are slowly gaining control. The breakout happens when the price moves above the resistance level or neckline formed near the top of the pattern with strong volume. It indicates a potential trend reversal and the beginning of a fresh upward move. Traders often look for increased volume and candle confirmation during the breakout for better reliability.

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- Jayaswal Neco Industries Ltd. - Q4FY26 & FY26 Result Announced for Jayaswal Neco Industries Ltd.

Q4FY26 & FY26 Result Announced for Jayaswal Neco Industries Ltd. -

Iron & Steel Products company Jayaswal Neco Industries announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from Operations: Reported at Rs 1,97,424 lakh for the quarter, up 17.85% YoY compared to Rs 1,67,527 lakh and up 14.30% QoQ compared to Rs 1,72,723 lakh. Other Income: Reported at Rs 461 lakh, up 73.31% YoY from Rs 266 lakh and a significant recovery from a loss of Rs 9 lakh in the previous quarter. Total Income: Stood at Rs 1,97,885 lakh, an increase of 17.93% YoY from Rs 1,67,793 lakh and 14.57% QoQ from Rs 1,72,714 lakh. Profit for the period (Net Profit): Stood at Rs 19,087 lakh, reflecting a growth of 87.79% YoY compared to Rs 10,164 lakh and a 157.62% increase QoQ from Rs 7,409 lakh. Earnings Per Share (EPS): Basic EPS (after exceptional items) was Rs 1.97, compared to Rs 1.05 YoY and Rs 0.76 QoQ. Total Comprehensive Income: Reported at Rs 19,321 lakh, an increase of 84.68% YoY from Rs 10,462 lakh and 158.93% QoQ from Rs 7,463 lakh. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

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Jayaswal Neco Industries – Strong Uptrend with Fresh Breakout Setup 🔥

is showing a powerful structural uptrend on the weekly timeframe, with price attempting a fresh breakout after consolidation, indicating continuation of bullish momentum. Technical Structure (Weekly) The stock is transitioning from trend → consolidation → breakout attempt. Key observations: • Strong rally followed by healthy consolidation (~₹70–85 zone) • Recent breakout attempt above ₹85–90 resistance zone • Price trading above EMA (~₹79) → bullish structure intact • Formation of higher highs & higher lows • Volume spike during recent move → fresh buying interest • Stoch RSI bouncing from lower levels → momentum revival Key Levels to Watch Immediate resistance: ₹90–95 zone • Breakout above ₹95 → Target 1: ₹110–120 Target 2: ₹135–150 Support levels: • Immediate: ₹75–80 (EMA zone) • Strong base: ₹65–70 Holding above ₹75 is crucial to maintain bullish momentum. Trend Insight 👉 This is a mid-stage trend stock (continuation phase) • Strong prior rally → now consolidating for next leg • Tight range consolidation → energy build-up • Volume expansion hints at accumulation before breakout • Ideal approach: buy on breakout or dips near support Fundamental Perspective Jayaswal Neco Industries operates in: • Iron & steel products (alloy steel, castings, pig iron) • Integrated operations from mining to finished steel products Key triggers: • Beneficiary of India’s infra & steel demand growth • Integrated model → better cost control • Ongoing capacity expansion & steel demand tailwinds • Turnaround story after debt reduction & operational improvements Additional Insight • Stock has delivered ~100%+ returns in ~1 year • Strong momentum among metal & industrial stocks ➡️ Jayaswal Neco is a classic turnaround + momentum play, where consolidation near highs often leads to next leg breakout moves.

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NECO INDUSTRIES: Q3 SL NET PROFIT 741M RUPEES VS 769M (YOY) || Q3 REVENUE 17.3B RUPEES VS 16.6B (YOY) Q3 EBITDA 3.1B RUPEES VS 2.6B (YOY) || Q3 EBITDA MARGIN 17.97% VS 15.92% (YOY)

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