📅 JSW Steel Limited Seasonality

JSW Steel Limited (JSWSTEEL) has ended October higher in 13 of the last 22 years (59%), with an average October move of -0.2%. The strongest October was 2006 (+19.0%) and the weakest was 2008 (-36.4%).

JSWSTEEL · data since 2004 (23 yrs) Prices through 16 Oct 2026
13/22
Octobers closed higher
-0.2%
Avg October move
-3.0%
October so far
April
Best month · avg +9.8%
January
Weakest month · avg -0.9%
23
Years of history
Current month: October 2026 historically up 59% of years (13/22) avg -0.2% best 2006 +19.0% worst 2008 -36.4% so far -3.0%

JSW Steel Limited's historically strongest month is April — up in 18 of 23 years (78%) with an average gain of +9.8%. The weakest month has been January, averaging -0.9% with gains in only 8 of 22 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.9+0.5+2.2+9.8+0.9-0.0+3.0+2.5+3.6-0.2+0.6+6.7
Up % 36%57%61%78%39%57%61%61%52%59%50%77%
2026 +4.3 +4.1 -11.2 +12.7 +1.1 -4.0 +3.6 +3.0 -4.2 -3.0 · ·
2025 +4.8 +0.6 +11.8 -3.1 -3.5 +2.7 +2.7 -2.1 +11.3 +5.5 -3.8 +0.4
2024 -7.0 -2.3 +3.8 +6.3 -0.2 +5.8 -0.3 +1.4 +9.5 -6.4 +0.2 -6.7
2023 -6.7 -6.9 +3.1 +5.4 -4.0 +12.7 +4.1 -4.5 -0.0 -5.5 +8.8 +9.9
2022 -4.1 -0.2 +16.8 -0.8 -24.2 +2.4 +11.5 +5.9 -5.3 +6.7 +10.3 +3.3
2021 -5.3 +7.8 +18.5 +53.2 -1.0 -3.8 +7.8 -6.7 -2.8 +0.1 -9.1 +7.8
2020 -7.2 -6.0 -38.0 +23.5 +2.0 +2.8 +16.3 +22.5 +2.9 +11.3 +13.3 +10.6
2019 -10.5 +2.4 +2.5 +7.0 -11.9 +1.8 -14.2 -8.4 +5.7 -0.8 +14.7 +3.2
2018 +17.7 +7.7 -7.7 +12.8 +2.1 -1.5 +1.1 +20.0 -3.7 -11.1 -7.4 -2.4
2017 +21.8 -5.7 +0.7 +5.7 -2.6 +6.1 +8.8 +15.0 -2.3 +4.0 -1.4 +5.9
2016 +2.4 +6.6 +13.9 +7.0 +1.2 +5.4 +15.0 +4.6 -1.4 -4.1 +4.2 -5.9
2015 -6.7 +3.3 -10.2 +2.8 -1.7 -4.8 -3.5 +10.7 -3.4 +2.4 -0.5 +14.0
2014 -9.8 -4.5 +18.3 +4.5 +11.8 +2.1 -3.7 +5.4 -7.0 +9.2 -4.9 -12.8
2013 +8.7 -16.2 -9.1 +4.5 -2.7 -3.8 -12.6 -4.3 +34.8 +18.1 +6.6 +10.7
2012 +37.9 +15.6 -10.8 -3.9 -9.3 +8.1 -0.7 +3.8 +9.1 -2.4 +0.6 +9.3
2011 -23.1 -3.9 +5.3 +3.5 +3.0 -9.5 -11.3 -12.2 -12.7 +10.4 -9.2 -14.5
2010 -2.7 +8.6 +15.4 -0.6 -9.7 -3.3 +5.3 +1.3 +17.9 +0.6 -15.9 +4.4
2009 -7.9 -10.8 +23.8 +47.1 +61.5 +11.4 +13.4 -1.2 +20.8 -9.3 +31.5 +2.0
2008 -26.5 +9.3 -22.7 +6.8 +36.1 -23.4 -18.2 +3.7 -36.8 -36.4 -38.7 +21.8
2007 +18.5 +2.1 +8.3 +18.1 +3.9 +1.1 +20.7 -12.9 +32.6 +12.4 +5.4 +30.6
2006 -14.5 +4.6 +47.7 +13.9 -15.9 -1.5 -13.1 +15.2 +3.6 +19.0 -3.7 +18.3
2005 -4.2 +10.5 -11.4 -11.6 -0.3 -20.3 +8.3 +1.1 +5.5 -27.7 -1.3 +10.8
2004 · -14.3 -17.2 +11.0 -14.2 +13.4 +27.1 -4.5 +8.8 +0.4 +13.2 +27.1

🏆 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 59% of years (13/22) avg +7.8% so far -3.0%

By quarter, Q2 (Apr–Jun) has been the strongest for JSWSTEEL: up in 13 of 23 years, averaging +12.2%. Q1 (Jan–Mar) has been the softest (+3.2% on average). The current quarter (Q4) has historically closed higher 59% 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 +3.2+12.2+9.5+7.8
Up % 55%57%74%59%
2026 -3.6 +9.3 +2.2 -3.0
2025 +17.9 -4.0 +12.0 +1.9
2024 -5.7 +12.2 +10.6 -12.5
2023 -10.4 +14.1 -0.7 +12.9
2022 +11.7 -23.0 +11.9 +21.6
2021 +21.0 +46.0 -2.3 -1.8
2020 -45.8 +29.5 +46.7 +39.4
2019 -6.0 -4.0 -16.9 +17.4
2018 +17.0 +13.4 +16.8 -19.6
2017 +15.6 +9.3 +22.1 +8.6
2016 +24.3 +14.1 +18.7 -5.9
2015 -13.5 -3.8 +3.2 +16.1
2014 +1.8 +19.4 -5.7 -9.4
2013 -17.2 -2.1 +12.7 +39.4
2012 +42.2 -5.8 +12.6 +7.3
2011 -22.2 -3.6 -32.0 -14.3
2010 +21.9 -13.2 +25.6 -11.7
2009 +1.6 +164.5 +35.4 +21.7
2008 -37.9 +11.3 -46.4 -52.5
2007 +31.0 +24.0 +39.5 +54.7
2006 +32.0 -5.6 +3.7 +35.5
2005 -6.2 -29.7 +15.5 -20.9
2004 · +7.9 +32.2 +44.4

🏆 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 →
❓ JSWSTEEL seasonality — FAQ
How often does JSW Steel Limited rise in October?
Historically JSWSTEEL has closed October with a gain in 13 out of 22 years — a 59% hit rate — averaging -0.2% for the month (data since 2004).
Which is the best month to buy JSW Steel Limited historically?
Based on 23 years of data, April has been JSWSTEEL's strongest month: positive in 78% of years with an average return of +9.8%. Past seasonality does not guarantee future results.
Which is the weakest month for JSW Steel Limited?
January has historically been the weakest month for JSWSTEEL, with an average move of -0.9% and gains in just 8 of 22 years.
Which quarter is historically strongest for JSW Steel Limited?
Q2 (Apr–Jun) — positive in 13 of 23 years with an average return of +12.2%.
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