📅 Mastek Limited Seasonality

Mastek Limited (MASTEK) has ended October higher in 6 of the last 22 years (27%), with an average October move of -1.4%. The strongest October was 2016 (+33.2%) and the weakest was 2008 (-29.4%).

MASTEK · data since 2004 (23 yrs) Prices through 16 Oct 2026 🔻 #13 monthly Bottom-25 (historically weak)
6/22
Octobers closed higher
-1.4%
Avg October move
+17.1%
October so far
December
Best month · avg +9.5%
February
Weakest month · avg -4.5%
23
Years of history
Current month: October 2026 historically up 27% of years (6/22) avg -1.4% best 2016 +33.2% worst 2008 -29.4% so far +17.1%

Mastek Limited's historically strongest month is December — up in 17 of 22 years (77%) with an average gain of +9.5%. The weakest month has been February, averaging -4.5% with gains in only 11 of 23 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.3-4.5-1.3+8.1+4.3+0.8+3.2+1.8+4.0-1.4+1.7+9.5
Up % 45%48%43%61%48%48%52%43%52%27%55%77%
2026 +0.0 -22.7 -15.3 +26.2 -4.0 -1.9 +17.5 -6.7 -10.6 +17.1 · ·
2025 -12.9 -14.2 -2.0 -4.3 +11.5 +4.9 -1.0 +0.4 -9.6 -2.4 +3.5 -7.4
2024 +1.1 +2.9 -13.3 +5.9 -11.6 +14.4 +3.9 +3.8 -11.6 +11.1 +9.8 -6.1
2023 -4.3 +0.8 -6.5 +11.7 +19.5 -5.5 +4.2 +17.2 +1.0 -8.0 +7.5 +18.7
2022 -10.6 +4.0 +18.4 -15.3 -5.3 -19.5 -2.1 -9.6 -8.3 -3.0 +1.2 +0.0
2021 -1.0 +4.7 +4.0 +35.1 +22.2 +12.5 +15.1 -1.0 +20.8 -11.6 -2.3 +12.1
2020 +5.6 -8.2 -53.2 +29.8 +7.8 +50.3 +43.4 +18.7 +27.3 -0.4 +12.0 +17.5
2019 -9.5 -9.6 +18.0 +10.0 -1.7 +0.4 -21.0 -9.3 +2.0 -1.2 +12.4 +8.2
2018 +42.2 +8.0 +2.4 +6.0 -6.5 -2.9 +7.7 -2.1 -13.0 -3.2 -5.0 +5.5
2017 +8.6 +0.6 -3.8 +53.6 +3.0 -3.0 +9.7 +1.3 -6.9 +27.6 +1.5 +2.3
2016 -25.9 -16.0 +25.1 +1.4 -2.9 -4.2 -1.5 -2.7 -14.0 +33.2 -6.4 +25.0
2015 -2.4 +10.8 +0.2 -9.3 +9.0 -51.2 -9.7 -12.1 +2.2 -8.6 +33.7 -7.0
2014 +9.1 +20.3 -2.2 -15.9 +0.4 +5.7 +6.9 -1.1 +53.1 -10.8 +2.5 +48.4
2013 +15.3 -19.9 -8.1 +10.0 -5.3 -3.5 -5.7 +11.2 +3.8 +12.2 -2.0 +16.4
2012 +0.6 +7.0 -1.5 +9.7 -6.5 +19.9 +5.1 +9.0 +8.7 -6.7 +8.8 -0.7
2011 -10.1 -15.3 -13.0 -3.6 -16.1 +18.4 -4.2 -15.7 -1.3 -6.0 -11.8 +10.8
2010 -7.6 -19.9 +8.8 -10.0 -20.1 +5.6 +2.9 -7.0 -0.4 -15.3 -10.7 +1.0
2009 -9.5 -23.2 +6.1 +19.0 +78.6 -10.4 +3.6 +34.3 -1.4 -0.3 +22.4 +13.9
2008 -24.1 +8.0 +21.0 -3.0 +24.6 -9.1 -7.5 +8.6 -15.8 -29.4 -23.6 -0.2
2007 -2.1 -7.9 -7.0 -1.3 -2.7 -2.1 -1.1 -10.5 +19.1 +9.5 -14.4 +19.4
2006 +9.7 +1.6 +10.9 +5.0 +3.4 -11.1 -0.7 -2.2 +4.1 +0.7 -9.5 +16.3
2005 +22.0 -1.8 -5.5 -7.4 +8.9 +3.0 -7.1 +20.5 +20.7 -6.7 +8.7 +15.5
2004 · -14.3 -14.5 +33.0 -6.8 +7.7 +16.1 -2.6 +23.0 -12.2 -0.6 +0.6

🏆 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 64% of years (14/22) avg +9.9% so far +17.1%

By quarter, Q2 (Apr–Jun) has been the strongest for MASTEK: up in 14 of 23 years, averaging +14.7%. Q1 (Jan–Mar) has been the softest (-5.1% on average). The current quarter (Q4) has historically closed higher 64% 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 -5.1+14.7+10.7+9.9
Up % 41%61%52%64%
2026 -34.6 +18.9 -2.1 +17.1
2025 -26.8 +11.9 -10.1 -6.5
2024 -9.7 +7.2 -4.7 +14.6
2023 -9.8 +26.1 +23.5 +17.4
2022 +10.0 -35.4 -18.8 -1.8
2021 +7.7 +85.8 +37.6 -3.2
2020 -54.6 +110.3 +116.6 +31.0
2019 -3.5 +8.6 -26.9 +20.1
2018 +57.3 -3.8 -8.2 -3.0
2017 +5.1 +53.4 +3.4 +32.5
2016 -22.2 -5.7 -17.6 +55.9
2015 +8.4 -51.8 -19.0 +13.6
2014 +28.3 -10.8 +61.8 +35.6
2013 -15.1 +0.5 +8.8 +28.1
2012 +6.1 +23.0 +24.5 +0.9
2011 -33.8 -4.3 -20.4 -8.1
2010 -19.4 -24.1 -4.8 -23.6
2009 -26.2 +90.6 +37.0 +39.0
2008 -0.8 +9.8 -15.5 -46.2
2007 -16.1 -5.9 +5.4 +11.8
2006 +23.5 -3.4 +1.1 +5.9
2005 +13.3 +3.8 +35.1 +17.1
2004 · +33.5 +39.1 -12.2

🏆 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 →
❓ MASTEK seasonality — FAQ
How often does Mastek Limited rise in October?
Historically MASTEK has closed October with a gain in 6 out of 22 years — a 27% hit rate — averaging -1.4% for the month (data since 2004).
Which is the best month to buy Mastek Limited historically?
Based on 22 years of data, December has been MASTEK's strongest month: positive in 77% of years with an average return of +9.5%. Past seasonality does not guarantee future results.
Which is the weakest month for Mastek Limited?
February has historically been the weakest month for MASTEK, with an average move of -4.5% and gains in just 11 of 23 years.
Which quarter is historically strongest for Mastek Limited?
Q2 (Apr–Jun) — positive in 14 of 23 years with an average return of +14.7%.
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