📅 Indian Metals & Ferro Alloys Limited Seasonality
Indian Metals & Ferro Alloys Limited (IMFA) has ended October higher in 12 of the last 16 years (75%), with an average October move of +8.0%. The strongest October was 2016 (+75.7%) and the weakest was 2014 (-8.6%).
IMFA · data since 2010 (17 yrs)
Prices through 16 Oct 2026
⭐ #22 monthly Top-25
12/16
Octobers closed higher
+8.0%
Avg October move
-0.9%
October so far
October
Best month · avg +8.0%
May
Weakest month · avg -4.6%
17
Years of history
Current month: October 2026
historically up 75% of years (12/16)
avg +8.0%
best 2016 +75.7%
worst 2014 -8.6%
so far -0.9%
Indian Metals & Ferro Alloys Limited's historically strongest month is October — up in 12 of 16 years (75%) with an average gain of +8.0%. The weakest month has been May, averaging -4.6% with gains in only 5 of 16 years.
📊 Average return by month
Bars above the zero line are months IMFA typically gained; hover for hit rates.
🗓️ Month-by-month returns (2010–2026)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +4.3 | -2.0 | -2.3 | +4.7 | -4.6 | +3.4 | +3.6 | +2.5 | +1.2 | +8.0 | +2.2 | +4.1 |
| Up % | 56% | 31% | 44% | 44% | 31% | 50% | 50% | 47% | 47% | 75% | 62% | 50% |
| 2026 | -21.9 | +8.5 | -4.9 | +25.0 | -3.8 | -12.5 | +14.4 | -9.0 | -9.6 | -0.9 | · | · |
| 2025 | -18.0 | -11.4 | -1.6 | -3.8 | +6.2 | +26.0 | -7.2 | +18.0 | +28.6 | +8.5 | +12.1 | +10.7 |
| 2024 | +31.7 | -7.3 | +4.9 | +14.5 | -5.7 | +7.5 | -0.6 | -9.4 | +4.2 | -2.9 | +24.5 | +1.6 |
| 2023 | +8.9 | +8.6 | -8.6 | -0.3 | +3.3 | +9.3 | +12.5 | +5.6 | +9.8 | +4.1 | +20.3 | -4.7 |
| 2022 | -21.9 | -4.7 | +22.5 | -1.3 | -26.3 | -13.6 | +13.0 | -5.9 | -11.4 | -1.8 | +4.0 | +5.3 |
| 2021 | +40.0 | +21.4 | -5.3 | -2.4 | -3.2 | +35.4 | +63.2 | -26.5 | +7.8 | +8.9 | -8.1 | +21.4 |
| 2020 | +12.3 | -9.6 | -42.3 | +24.4 | +4.5 | +9.9 | +7.6 | +36.2 | -2.3 | +15.4 | +9.7 | -2.3 |
| 2019 | -12.1 | +3.3 | +10.5 | -7.0 | -7.1 | -12.4 | -19.8 | +2.1 | +13.1 | +2.0 | +6.0 | -2.3 |
| 2018 | +19.9 | -10.7 | -26.8 | +11.3 | -28.4 | -12.6 | +8.2 | +2.4 | -19.3 | -1.4 | -4.4 | +1.3 |
| 2017 | +6.8 | -2.6 | +20.7 | -24.3 | -27.7 | +11.5 | +15.8 | +23.4 | -4.9 | +8.6 | -12.8 | +16.2 |
| 2016 | -19.8 | -8.9 | +1.2 | +20.2 | -7.5 | +19.3 | +1.0 | +10.6 | +37.3 | +75.7 | +11.2 | +41.1 |
| 2015 | -1.5 | -2.4 | -25.7 | +18.3 | +1.3 | -11.8 | -9.9 | -4.9 | -5.4 | +2.2 | +5.4 | +7.2 |
| 2014 | -2.9 | -6.4 | +36.7 | -0.2 | +59.7 | -0.7 | -10.4 | -1.7 | -29.4 | -8.6 | -5.0 | -1.5 |
| 2013 | +9.1 | -7.0 | -16.4 | -0.3 | -6.6 | -10.4 | -14.3 | +38.0 | -3.0 | +5.0 | +0.7 | -7.1 |
| 2012 | +33.1 | +9.9 | -6.1 | +8.3 | -14.2 | -0.7 | -6.9 | -4.7 | +1.1 | +3.7 | +3.5 | -3.2 |
| 2011 | +5.5 | -13.0 | +4.7 | -6.4 | -17.9 | +9.8 | -8.7 | -24.2 | -6.6 | +2.6 | -15.4 | -16.6 |
| 2010 | · | · | · | · | · | · | · | -8.2 | +11.3 | +5.7 | -16.3 | -1.8 |
🏆 Top 25 seasonal picks — October 2026
| # | Stock | Record | Win % | Avg return | So 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 69% of years (11/16)
avg +17.4%
so far -0.9%
By quarter, Q4 (Oct–Dec) has been the strongest for IMFA: up in 11 of 16 years, averaging +17.4%. Q1 (Jan–Mar) has been the softest (-0.6% on average). The current quarter (Q4) has historically closed higher 69% of the time.
📊 Average return by quarter
Calendar quarters, close-to-close. Hover for hit rates.
🗓️ Quarter-by-quarter returns
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Avg | -0.6 | +3.7 | +6.8 | +17.4 |
| Up % | 44% | 56% | 44% | 69% |
| 2026 | -19.4 | +5.3 | -5.9 | -0.9 |
| 2025 | -28.6 | +28.7 | +40.8 | +34.7 |
| 2024 | +28.1 | +16.1 | -6.1 | +22.8 |
| 2023 | +8.1 | +12.6 | +30.4 | +19.3 |
| 2022 | -8.9 | -37.2 | -5.8 | +7.5 |
| 2021 | +60.9 | +28.0 | +29.4 | +21.5 |
| 2020 | -41.4 | +42.9 | +43.1 | +23.6 |
| 2019 | +0.3 | -24.3 | -7.4 | +5.7 |
| 2018 | -21.6 | -30.4 | -10.6 | -4.5 |
| 2017 | +25.6 | -38.9 | +35.8 | +10.0 |
| 2016 | -26.1 | +32.7 | +53.3 | +175.7 |
| 2015 | -28.5 | +5.7 | -19.0 | +15.5 |
| 2014 | +24.2 | +58.2 | -37.8 | -14.5 |
| 2013 | -15.2 | -16.6 | +14.8 | -1.9 |
| 2012 | +37.4 | -7.8 | -10.3 | +3.9 |
| 2011 | -4.0 | -15.6 | -35.3 | -27.6 |
| 2010 | · | · | · | -13.1 |
🏆 Top 25 seasonal picks — Q4 2026
| # | Stock | Record | Win % | Avg return | So 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 →
❓ IMFA seasonality — FAQ
How often does Indian Metals & Ferro Alloys Limited rise in October?
Historically IMFA has closed October with a gain in 12 out of 16 years — a 75% hit rate — averaging +8.0% for the month (data since 2010).
Which is the best month to buy Indian Metals & Ferro Alloys Limited historically?
Based on 16 years of data, October has been IMFA's strongest month: positive in 75% of years with an average return of +8.0%. Past seasonality does not guarantee future results.
Which is the weakest month for Indian Metals & Ferro Alloys Limited?
May has historically been the weakest month for IMFA, with an average move of -4.6% and gains in just 5 of 16 years.
Which quarter is historically strongest for Indian Metals & Ferro Alloys Limited?
Q4 (Oct–Dec) — positive in 11 of 16 years with an average return of +17.4%.
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.
