📅 Ashoka Buildcon Limited Seasonality

Ashoka Buildcon Limited (ASHOKA) has ended October higher in 8 of the last 15 years (53%), with an average October move of +2.3%. The strongest October was 2017 (+13.5%) and the weakest was 2020 (-5.8%).

ASHOKA · data since 2010 (17 yrs) Prices through 16 Oct 2026
8/15
Octobers closed higher
+2.3%
Avg October move
-2.6%
October so far
April
Best month · avg +5.5%
February
Weakest month · avg -3.1%
17
Years of history
Current month: October 2026 historically up 53% of years (8/15) avg +2.3% best 2017 +13.5% worst 2020 -5.8% so far -2.6%

Ashoka Buildcon Limited's historically strongest month is April — up in 8 of 16 years (50%) with an average gain of +5.5%. The weakest month has been February, averaging -3.1% with gains in only 6 of 16 years. The most consistent month by hit rate is December (11/16 years positive).

📊 Average return by month

2010–2026 · completed months only
Bars above the zero line are months ASHOKA typically gained; hover for hit rates.

🗓️ Month-by-month returns (2010–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -1.0-3.1-0.9+5.5+3.5+4.3-2.5+0.7-2.4+2.3+3.0+4.8
Up % 31%38%44%50%62%50%31%50%31%53%50%69%
2026 -11.6 -12.7 -21.5 +31.5 -8.8 +6.7 -7.3 -0.7 -10.4 -2.6 · ·
2025 -17.2 -33.2 +11.8 -4.3 +19.4 -3.3 -5.4 -14.2 +6.9 +11.3 -13.6 -5.2
2024 +30.8 +2.3 -15.9 +11.6 +4.9 +22.5 +13.7 -8.6 -2.1 +4.8 +4.1 +24.7
2023 -7.5 -10.1 -0.7 +18.7 -13.9 +5.6 +25.0 +1.7 +20.5 +6.2 +8.0 -0.8
2022 -2.1 -5.4 -7.8 +0.8 -5.0 -11.0 +2.5 +7.3 -2.9 -5.4 +7.2 +13.0
2021 -5.7 +29.4 -9.9 -19.0 +13.9 +17.7 -2.9 -6.9 -1.5 +6.3 -8.1 +4.5
2020 +11.6 -21.0 -54.2 +54.8 -23.1 +25.2 -17.9 +34.8 -5.4 -5.8 +27.8 +19.4
2019 -3.8 -1.0 +9.5 -4.3 +15.0 -1.5 -14.0 -18.3 -1.4 +5.6 -6.2 +6.1
2018 -7.2 -3.5 +13.8 +14.4 -13.8 -6.7 -3.0 -6.5 -24.5 +9.1 +14.8 -4.7
2017 +15.9 -5.0 +13.6 -0.1 -3.3 -3.0 +0.5 +5.3 -3.6 +13.5 +18.2 -2.8
2016 -3.2 -8.4 -2.7 -20.3 +1.5 +14.8 -0.2 +0.5 +7.1 -5.5 -9.1 +7.9
2015 +2.8 +10.6 +12.0 -9.0 +12.2 -1.4 +4.6 -0.3 -8.5 -1.7 +13.4 +6.4
2014 -8.4 +11.2 +22.1 +22.4 +43.7 +10.0 -13.6 +1.1 +4.9 +3.7 -1.2 +0.7
2013 -2.8 +2.4 -5.2 -0.3 +5.7 -5.7 -21.3 -5.8 +3.6 -5.5 +20.5 +12.3
2012 +4.9 +2.1 -2.1 +4.8 +1.5 +1.4 -0.6 +15.7 -7.9 -1.9 -10.8 +3.2
2011 -13.3 -7.5 +22.5 -13.9 +5.4 -2.2 -0.2 +5.5 -13.9 -0.1 -10.4 -12.1
2010 · · · · · · · · · · -6.1 +4.9

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 73% of years (11/15) avg +11.2% so far -2.6%

By quarter, Q2 (Apr–Jun) has been the strongest for ASHOKA: up in 10 of 16 years, averaging +13.1%. Q1 (Jan–Mar) has been the softest (-5.0% on average). The current quarter (Q4) has historically closed higher 73% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -5.0+13.1-4.2+11.2
Up % 50%62%44%73%
2026 -39.4 +27.8 -17.5 -2.6
2025 -38.1 +10.6 -13.2 -8.8
2024 +12.5 +43.4 +1.8 +36.1
2023 -17.5 +7.9 +53.2 +13.8
2022 -14.7 -14.7 +6.9 +14.6
2021 +10.0 +8.6 -11.0 +2.1
2020 -59.6 +49.0 +4.6 +43.8
2019 +4.3 +8.4 -30.8 +5.2
2018 +1.9 -8.0 -31.5 +19.2
2017 +25.1 -6.3 +2.1 +30.3
2016 -13.6 -7.1 +7.4 -7.2
2015 +27.3 +0.7 -4.6 +18.6
2014 +24.4 +93.5 -8.4 +3.2
2013 -5.6 -0.6 -23.2 +27.9
2012 +4.9 +7.8 +5.9 -9.8
2011 -1.8 -11.2 -9.4 -21.4

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ ASHOKA seasonality — FAQ
How often does Ashoka Buildcon Limited rise in October?
Historically ASHOKA has closed October with a gain in 8 out of 15 years — a 53% hit rate — averaging +2.3% for the month (data since 2010).
Which is the best month to buy Ashoka Buildcon Limited historically?
Based on 16 years of data, April has been ASHOKA's strongest month: positive in 50% of years with an average return of +5.5%. Past seasonality does not guarantee future results.
Which is the weakest month for Ashoka Buildcon Limited?
February has historically been the weakest month for ASHOKA, with an average move of -3.1% and gains in just 6 of 16 years.
Which quarter is historically strongest for Ashoka Buildcon Limited?
Q2 (Apr–Jun) — positive in 10 of 16 years with an average return of +13.1%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2010. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI