📅 Nilkamal Limited Seasonality

Nilkamal Limited (NILKAMAL) has ended October higher in 10 of the last 22 years (45%), with an average October move of +0.3%. The strongest October was 2007 (+32.0%) and the weakest was 2008 (-44.6%).

NILKAMAL · data since 2004 (23 yrs) Prices through 16 Oct 2026
10/22
Octobers closed higher
+0.3%
Avg October move
-7.6%
October so far
April
Best month · avg +9.3%
February
Weakest month · avg -4.1%
23
Years of history
Current month: October 2026 historically up 45% of years (10/22) avg +0.3% best 2007 +32.0% worst 2008 -44.6% so far -7.6%

Nilkamal Limited's historically strongest month is April — up in 19 of 23 years (83%) with an average gain of +9.3%. The weakest month has been February, averaging -4.1% with gains in only 6 of 23 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.1-4.1-2.8+9.3+3.4+2.5+7.5+1.7+2.9+0.3+3.6+4.4
Up % 36%26%39%83%35%57%70%52%61%45%45%59%
2026 +0.8 -1.2 -22.4 +21.7 -1.5 -1.6 +42.8 +11.6 -5.2 -7.6 · ·
2025 -9.9 -8.2 -2.6 +4.9 +9.3 +1.3 -5.6 -7.5 -0.5 -2.5 -6.7 -2.3
2024 -3.4 -9.8 -12.5 +14.6 -7.7 +8.0 -0.8 -3.5 +2.9 +1.4 -3.4 +1.5
2023 -0.4 -5.4 -1.2 +17.2 +9.2 +8.6 +13.3 -10.8 -8.1 +5.0 -7.0 +1.1
2022 -0.9 -15.2 -0.9 +0.0 -3.8 -1.6 +3.2 +3.4 +0.2 +1.5 -7.9 -1.7
2021 -0.3 +21.7 +7.4 -1.6 +15.9 -0.0 +18.0 +5.6 +2.3 -16.2 -0.2 +2.8
2020 +9.0 -1.3 -28.9 +8.2 -4.1 +10.3 +7.6 +4.0 +2.6 -3.9 +8.8 +9.1
2019 -8.1 -8.1 +13.7 -6.6 -8.3 -1.5 -22.0 +6.6 +21.5 +4.4 +4.1 -0.8
2018 +5.8 -6.5 -10.1 +12.2 +0.4 -6.9 +11.9 +10.3 -13.6 -6.3 -3.2 -4.1
2017 +30.2 +17.4 +1.1 +11.6 -7.9 -6.1 -0.2 -15.7 -1.9 +3.8 +9.8 +4.3
2016 +7.4 -27.5 +13.3 +11.5 -0.8 +3.6 +0.8 -2.0 +2.5 +28.0 -14.1 -9.8
2015 -1.0 -6.2 -2.8 +11.7 +15.5 +9.1 +52.3 +13.8 -5.0 +2.9 +3.3 +22.0
2014 -9.0 +1.0 +37.3 +11.0 +38.8 +14.2 +4.8 -11.7 +19.3 -5.3 -1.5 +31.4
2013 -9.3 -13.7 -7.8 -1.3 -7.1 -11.6 -18.2 -9.6 -2.4 +25.8 +28.8 +0.8
2012 +6.6 +8.3 +1.2 +7.3 -8.2 +9.6 -3.9 -6.2 +4.2 +6.3 +5.0 -1.5
2011 -27.9 +5.5 +3.5 +6.3 -11.1 -11.4 +16.7 -15.0 +6.1 -1.5 -8.9 -21.7
2010 -0.3 -0.9 +12.4 +0.9 -1.1 +8.6 +13.1 +3.4 +27.6 -8.9 -0.5 +2.1
2009 -2.4 -7.0 -24.5 +24.6 +40.1 -7.4 +22.2 +54.1 +12.0 -6.4 +10.6 +51.0
2008 -11.8 -19.0 -21.6 +8.0 -5.6 -1.3 -6.2 -1.1 -21.1 -44.6 -3.7 -9.3
2007 +11.8 -2.1 -11.6 +22.1 -6.6 +6.1 +2.7 -4.1 -5.4 +32.0 +34.3 +15.4
2006 +27.4 -9.9 +1.1 +18.1 -22.1 +4.1 +0.5 +2.7 +11.5 -6.1 -10.6 -10.0
2005 -17.0 +0.6 -3.4 -1.9 +62.4 +6.2 +10.5 +7.1 +9.4 -1.8 +18.7 +0.4
2004 · -7.8 -5.9 +13.7 -16.8 +16.2 +10.2 +4.1 +6.8 +0.0 +23.6 +15.4

🏆 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 +10.2% so far -7.6%

By quarter, Q2 (Apr–Jun) has been the strongest for NILKAMAL: up in 17 of 23 years, averaging +16.0%. Q1 (Jan–Mar) has been the softest (-6.4% 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 -6.4+16.0+13.5+10.2
Up % 27%74%65%50%
2026 -22.7 +18.0 +51.0 -7.6
2025 -19.4 +16.2 -13.1 -11.1
2024 -23.8 +14.3 -1.5 -0.7
2023 -6.9 +39.0 -7.1 -1.3
2022 -16.8 -5.3 +6.8 -8.1
2021 +30.3 +14.0 +27.4 -14.0
2020 -23.5 +14.5 +14.8 +14.1
2019 -4.0 -15.6 +0.9 +7.9
2018 -11.1 +4.9 +6.6 -13.0
2017 +54.5 -3.5 -17.4 +18.8
2016 -11.8 +14.5 +1.2 -0.8
2015 -9.7 +40.7 +64.7 +29.6
2014 +26.3 +76.0 +10.3 +22.6
2013 -27.9 -18.9 -27.9 +63.3
2012 +16.9 +8.0 -6.1 +10.0
2011 -21.3 -16.3 +5.3 -29.7
2010 +11.0 +8.4 +49.2 -7.6
2009 -31.4 +61.6 +110.7 +56.2
2008 -44.1 +0.6 -26.8 -51.6
2007 -3.3 +21.0 -6.8 +104.6
2006 +16.0 -4.2 +15.1 -24.5
2005 -19.4 +69.2 +29.4 +17.0
2004 · +9.9 +22.6 +42.6

🏆 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 →
❓ NILKAMAL seasonality — FAQ
How often does Nilkamal Limited rise in October?
Historically NILKAMAL has closed October with a gain in 10 out of 22 years — a 45% hit rate — averaging +0.3% for the month (data since 2004).
Which is the best month to buy Nilkamal Limited historically?
Based on 23 years of data, April has been NILKAMAL's strongest month: positive in 83% of years with an average return of +9.3%. Past seasonality does not guarantee future results.
Which is the weakest month for Nilkamal Limited?
February has historically been the weakest month for NILKAMAL, with an average move of -4.1% and gains in just 6 of 23 years.
Which quarter is historically strongest for Nilkamal Limited?
Q2 (Apr–Jun) — positive in 17 of 23 years with an average return of +16.0%.
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