📅 National Fertilizers Limited Seasonality

National Fertilizers Limited (NFL) has ended October higher in 10 of the last 19 years (53%), with an average October move of -2.2%. The strongest October was 2019 (+15.5%) and the weakest was 2008 (-36.1%).

NFL · data since 2007 (20 yrs) Prices through 16 Oct 2026
10/19
Octobers closed higher
-2.2%
Avg October move
-3.6%
October so far
April
Best month · avg +11.0%
March
Weakest month · avg -6.9%
20
Years of history
Current month: October 2026 historically up 53% of years (10/19) avg -2.2% best 2019 +15.5% worst 2008 -36.1% so far -3.6%

National Fertilizers Limited's historically strongest month is April — up in 20 of 20 years (100%) with an average gain of +11.0%. The weakest month has been March, averaging -6.9% with gains in only 8 of 20 years.

📊 Average return by month

2007–2026 · completed months only
Bars above the zero line are months NFL typically gained; hover for hit rates.

🗓️ Month-by-month returns (2007–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg +9.5-1.1-6.9+11.0+6.7+0.3-3.3-5.3+0.7-2.2+3.1+7.9
Up % 45%40%40%100%55%50%35%20%50%53%53%74%
2026 -9.6 -6.6 -16.6 +20.8 -2.5 -1.8 -4.2 -1.5 -7.3 -3.6 · ·
2025 -7.3 -27.3 +2.9 +5.4 +16.0 +2.8 -3.3 -1.4 -4.4 +1.5 -9.0 +7.6
2024 +37.7 -22.0 -10.9 +18.8 -1.5 +27.2 +13.3 -6.1 -9.8 -11.0 +9.7 -5.1
2023 -11.7 -8.8 +16.5 +8.8 -15.4 +5.2 +1.9 -5.1 +7.5 -5.0 +3.2 +28.1
2022 +9.6 -21.5 +17.2 +11.0 -11.5 -20.7 +11.1 +9.7 -5.2 +4.2 +15.5 +34.5
2021 +11.7 +25.8 +2.2 +7.1 +20.9 -5.9 -2.7 -15.0 +9.2 -8.0 -10.2 +6.9
2020 +9.8 -20.8 -18.8 +37.9 +0.2 +29.6 +8.2 -1.3 -7.8 -5.9 +12.0 +10.6
2019 -3.2 -4.8 +5.8 +0.7 +9.4 -5.4 -9.5 -20.2 -7.1 +15.5 -7.7 -1.7
2018 +17.6 -16.4 -10.9 +4.3 -7.9 -11.6 -2.5 +7.7 -21.3 -5.1 -5.7 +6.4
2017 +46.3 +50.7 -1.3 +2.9 +3.7 -13.6 -1.8 -0.7 -12.5 +4.8 +0.5 +17.3
2016 -2.6 -5.3 +5.4 +5.5 +10.1 +11.7 -7.2 -1.8 +2.4 +5.6 -5.6 +6.8
2015 -0.7 +4.3 -25.6 +1.6 -3.7 -4.4 +4.8 -11.3 +2.6 +3.8 +5.0 +7.2
2014 -5.6 +3.7 +2.3 +3.3 +50.9 +15.8 -21.4 -4.7 +1.8 +5.0 +6.2 -1.6
2013 -7.0 -11.1 -29.4 +7.5 -10.6 -18.3 -22.3 -33.3 +9.7 +10.8 +11.4 -1.6
2012 +54.9 +8.6 -20.9 +11.3 -0.9 +5.1 -10.3 -6.9 +19.5 -6.7 -1.8 +1.7
2011 -13.3 +8.5 -2.9 +2.0 -4.8 -6.5 -8.8 -10.6 -10.6 +1.3 -20.3 -2.5
2010 +94.0 -4.1 -17.8 +8.1 +2.5 +4.6 +0.5 +1.5 +0.0 +1.8 -3.6 +0.7
2009 -2.3 +13.5 +13.9 +25.1 +66.4 -14.4 -8.6 -7.9 +21.7 -13.0 +16.0 +6.8
2008 -32.2 +17.3 -40.1 +27.9 +11.5 +2.6 -6.3 -4.4 -18.7 -36.1 -13.0 +12.0
2007 +3.4 -5.9 -8.5 +9.6 +0.3 +3.6 +3.2 +6.5 +45.1 -4.9 +57.3 +15.8

🏆 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 58% of years (11/19) avg +9.3% so far -3.6%

By quarter, Q2 (Apr–Jun) has been the strongest for NFL: up in 13 of 20 years, averaging +19.5%. Q3 (Jul–Sep) has been the softest (-7.5% on average). The current quarter (Q4) has historically closed higher 58% 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 +1.0+19.5-7.5+9.3
Up % 35%65%25%58%
2026 -29.5 +15.7 -12.6 -3.6
2025 -30.6 +25.7 -8.9 -0.6
2024 -4.3 +48.8 -4.0 -7.4
2023 -6.2 -3.2 +3.9 +25.5
2022 +0.9 -22.1 +15.6 +61.8
2021 +43.5 +21.8 -9.6 -11.7
2020 -29.4 +79.0 -1.5 +16.5
2019 -2.5 +4.2 -32.9 +4.8
2018 -12.4 -15.1 -17.3 -4.7
2017 +117.6 -7.8 -14.6 +23.5
2016 -2.7 +29.7 -6.7 +6.5
2015 -22.9 -6.4 -4.6 +16.9
2014 +0.2 +80.5 -23.7 +9.6
2013 -41.6 -21.5 -43.2 +21.4
2012 +33.1 +16.0 -0.2 -6.8
2011 -8.7 -9.1 -27.1 -21.2
2010 +52.9 +15.9 +2.1 -1.2
2009 +26.3 +78.1 +2.5 +7.8
2008 -52.4 +46.4 -27.2 -37.8
2007 -11.0 +14.0 +59.5 +73.3

🏆 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 →
❓ NFL seasonality — FAQ
How often does National Fertilizers Limited rise in October?
Historically NFL has closed October with a gain in 10 out of 19 years — a 53% hit rate — averaging -2.2% for the month (data since 2007).
Which is the best month to buy National Fertilizers Limited historically?
Based on 20 years of data, April has been NFL's strongest month: positive in 100% of years with an average return of +11.0%. Past seasonality does not guarantee future results.
Which is the weakest month for National Fertilizers Limited?
March has historically been the weakest month for NFL, with an average move of -6.9% and gains in just 8 of 20 years.
Which quarter is historically strongest for National Fertilizers Limited?
Q2 (Apr–Jun) — positive in 13 of 20 years with an average return of +19.5%.
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 2007. 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