📅 Bhartiya International Limited Seasonality

Bhartiya International Limited (BIL) has ended October higher in 11 of the last 22 years (50%), with an average October move of -0.7%. The strongest October was 2012 (+87.2%) and the weakest was 2008 (-38.9%).

BIL · data since 2004 (23 yrs) Prices through 16 Oct 2026
11/22
Octobers closed higher
-0.7%
Avg October move
+5.9%
October so far
April
Best month · avg +16.2%
February
Weakest month · avg -9.0%
23
Years of history
Current month: October 2026 historically up 50% of years (11/22) avg -0.7% best 2012 +87.2% worst 2008 -38.9% so far +5.9%

Bhartiya International Limited's historically strongest month is April — up in 19 of 23 years (83%) with an average gain of +16.2%. The weakest month has been February, averaging -9.0% with gains in only 7 of 23 years.

📊 Average return by month

2004–2026 · completed months only
Bars above the zero line are months BIL typically gained; hover for hit rates.

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -1.0-9.0-4.3+16.2+1.8+3.3+0.1+6.8+4.8-0.7+6.7+10.2
Up % 41%30%39%83%43%52%48%52%70%50%64%59%
2026 +8.4 -2.8 -13.1 +16.4 +1.2 -0.6 -4.0 +15.1 +16.8 +5.9 · ·
2025 -17.8 -22.4 -8.7 +48.6 +8.9 -4.1 +35.3 -11.6 +0.7 +1.8 +2.5 -18.2
2024 +12.3 -13.9 -20.0 +60.4 -2.0 +16.6 -5.1 +8.7 +26.3 +13.9 +12.9 -3.2
2023 +1.6 -6.9 -12.6 +7.5 +25.6 +0.9 -13.2 +5.4 -0.5 +15.9 -2.0 +40.7
2022 -9.5 -9.8 -8.6 +10.2 -33.6 -10.6 +33.7 -10.2 +14.9 -5.7 +2.1 -5.7
2021 -6.5 +9.1 +12.5 +16.4 +10.5 +14.6 -8.0 -8.0 +5.2 -8.0 +7.9 +51.7
2020 -6.4 -24.9 -44.3 +28.9 -8.5 +63.0 -14.3 +48.5 -10.7 -17.9 +8.5 +4.2
2019 -9.6 -8.0 +26.7 -9.3 +25.2 +4.6 -13.2 -22.4 -13.1 -22.0 +20.9 +13.4
2018 -6.8 -14.1 -4.3 +3.9 -5.2 -0.5 +18.1 -17.0 -22.3 -9.7 -13.1 +4.1
2017 -2.0 +1.0 +9.0 +8.8 +4.1 -1.3 +1.5 -2.6 +1.3 +4.5 -10.0 -6.7
2016 +5.8 -15.4 -2.2 +18.0 -7.2 +2.6 +2.4 +4.1 -3.0 +6.1 -11.3 -2.3
2015 +1.3 -0.4 +3.0 -2.4 +11.1 +10.9 +7.4 -6.9 +6.8 +3.9 +0.4 -6.6
2014 -3.8 +6.4 +11.3 +14.5 +15.7 +33.1 -6.4 +5.3 +6.5 +1.4 +8.4 -2.6
2013 +0.7 -2.0 +13.9 +14.0 -3.4 -13.8 -22.2 +4.6 +18.5 +3.9 +7.4 -12.2
2012 +9.1 +0.7 -8.3 -0.3 -5.4 -2.3 -0.9 -2.9 +15.1 +87.2 +71.8 +5.6
2011 -15.4 -28.9 +8.4 +18.7 -10.4 +1.6 +2.4 -28.1 +21.8 +12.3 +8.6 -13.6
2010 -0.9 +7.7 -19.0 +12.3 -9.7 +7.8 -3.9 +51.7 +12.4 -26.6 -4.9 +0.9
2009 -6.6 -17.5 +8.4 +34.9 +42.3 -8.3 +5.3 +23.9 +5.4 -15.9 +9.0 +63.9
2008 -33.3 -19.1 -18.4 +15.4 -12.9 -25.2 +7.0 -7.4 -12.6 -38.9 -6.1 +20.3
2007 +55.7 -35.2 -22.4 -3.1 -9.3 -1.8 -2.6 -0.5 +32.6 -3.7 -0.1 +10.1
2006 +23.7 +0.8 +2.1 +54.2 -21.3 -17.2 -27.3 +39.1 +0.5 -7.1 -4.7 +5.3
2005 -22.2 +8.2 -12.0 +0.1 +38.7 +2.2 +8.8 +39.3 -17.7 -20.8 +18.0 +46.1
2004 · -19.8 -1.4 +5.7 -13.4 +3.3 +0.5 +28.0 +6.7 +9.3 +21.8 +30.1

🏆 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 50% of years (11/22) avg +19.0% so far +5.9%

By quarter, Q2 (Apr–Jun) has been the strongest for BIL: up in 16 of 23 years, averaging +22.3%. Q1 (Jan–Mar) has been the softest (-13.4% on average). The current quarter (Q4) has historically closed higher 50% 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 -13.4+22.3+10.3+19.0
Up % 36%70%70%50%
2026 -8.5 +17.1 +29.0 +5.9
2025 -41.7 +55.2 +20.4 -14.6
2024 -22.6 +83.4 +30.4 +24.5
2023 -17.3 +36.2 -9.0 +59.9
2022 -25.4 -34.5 +37.9 -9.2
2021 +14.7 +47.4 -11.0 +50.6
2020 -60.9 +92.1 +13.6 -7.2
2019 +5.3 +18.6 -41.5 +6.9
2018 -23.3 -1.9 -23.8 -18.2
2017 +8.0 +11.8 +0.1 -12.3
2016 -12.4 +12.3 +3.4 -8.0
2015 +3.9 +20.3 +6.8 -2.6
2014 +14.0 +76.2 +5.0 +7.0
2013 +12.5 -5.1 -3.6 -2.1
2012 +0.8 -7.8 +10.7 +239.7
2011 -34.8 +8.1 -10.4 +5.4
2010 -13.5 +9.3 +63.7 -29.6
2009 -16.5 +76.1 +37.5 +50.2
2008 -56.0 -24.8 -13.4 -31.0
2007 -21.7 -13.7 +28.4 +6.0
2006 +27.5 +0.5 +1.6 -6.9
2005 -25.9 +42.0 +24.6 +36.5
2004 · -5.4 +37.3 +73.1

🏆 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 →
❓ BIL seasonality — FAQ
How often does Bhartiya International Limited rise in October?
Historically BIL has closed October with a gain in 11 out of 22 years — a 50% hit rate — averaging -0.7% for the month (data since 2004).
Which is the best month to buy Bhartiya International Limited historically?
Based on 23 years of data, April has been BIL's strongest month: positive in 83% of years with an average return of +16.2%. Past seasonality does not guarantee future results.
Which is the weakest month for Bhartiya International Limited?
February has historically been the weakest month for BIL, with an average move of -9.0% and gains in just 7 of 23 years.
Which quarter is historically strongest for Bhartiya International Limited?
Q2 (Apr–Jun) — positive in 16 of 23 years with an average return of +22.3%.
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 2004. 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