📅 NLC India Limited Seasonality

NLC India Limited (NLCINDIA) has ended October higher in 12 of the last 22 years (55%), with an average October move of +1.4%. The strongest October was 2007 (+32.8%) and the weakest was 2008 (-35.5%).

NLCINDIA · data since 2004 (23 yrs) Prices through 16 Oct 2026
12/22
Octobers closed higher
+1.4%
Avg October move
-3.2%
October so far
April
Best month · avg +7.4%
February
Weakest month · avg -3.5%
23
Years of history
Current month: October 2026 historically up 55% of years (12/22) avg +1.4% best 2007 +32.8% worst 2008 -35.5% so far -3.2%

NLC India Limited's historically strongest month is April — up in 17 of 23 years (74%) with an average gain of +7.4%. The weakest month has been February, averaging -3.5% with gains in only 10 of 23 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.1-3.5+0.4+7.4+2.9-2.3+3.1-0.5+2.4+1.4+4.0+5.3
Up % 45%43%52%74%39%48%65%43%61%55%50%64%
2026 +3.5 +0.4 +3.3 +17.9 +9.8 -7.4 -7.5 -10.2 -2.1 -3.2 · ·
2025 -10.8 -6.7 +18.2 -7.0 +6.2 -4.7 +5.2 -7.1 +26.7 -8.1 -7.3 +2.9
2024 +2.3 -14.2 +2.5 +6.2 -2.4 +1.5 +19.9 -4.4 +2.7 -8.8 +0.5 -3.9
2023 -9.3 +1.0 -2.2 +5.6 +16.2 +14.6 +7.8 +11.5 +3.5 -0.7 +27.1 +48.8
2022 +7.6 -6.7 +0.4 +30.8 -7.8 -15.6 +6.8 +13.0 -11.4 +13.2 +10.1 +1.5
2021 -6.8 +3.0 -4.6 -5.6 +26.4 +1.5 -2.9 -11.2 +16.5 +3.7 -10.1 +8.4
2020 +2.7 +2.1 -26.8 +3.1 -7.7 +10.5 +3.4 +9.6 -5.4 -1.4 +4.9 +7.5
2019 -7.6 -5.6 +14.8 -5.9 -0.8 +0.6 -11.4 -6.5 +5.3 +2.2 -5.7 +3.9
2018 +41.1 -5.5 -14.6 +5.1 -2.3 -4.9 -4.9 -0.6 -13.5 +21.3 -0.7 -13.5
2017 +22.9 -1.5 +23.9 -1.9 +0.3 -5.3 +1.0 -7.3 +0.4 +5.4 +5.7 +4.7
2016 -11.1 -9.7 +11.4 -1.8 -1.7 +4.7 +6.0 +1.9 -6.1 +12.2 -2.9 -2.8
2015 -2.2 +4.9 -13.4 +9.8 -4.4 +11.8 +0.7 -9.6 -1.3 +10.5 +3.3 -1.1
2014 -9.1 -3.6 +11.5 +13.8 +36.3 +4.9 -7.8 -6.0 -2.1 +5.1 -3.2 -4.9
2013 +3.6 -13.9 -7.8 +9.8 -7.9 -15.1 -3.6 +3.8 +1.5 +2.8 +4.5 +6.6
2012 +23.4 +0.8 -5.1 -3.4 -10.6 +10.2 -2.2 +1.5 +11.3 -6.4 -0.4 -0.4
2011 -20.3 -9.9 +8.1 +8.1 -6.7 -7.4 +2.9 -14.8 -5.3 +3.9 -7.4 -3.5
2010 -0.5 +3.1 -6.9 +4.6 -2.1 +5.2 +0.2 +1.0 +1.3 -1.6 -17.6 +4.0
2009 +20.5 -10.2 +16.6 +5.5 +57.6 -13.1 +13.4 -3.8 +2.6 -3.4 +16.4 +1.7
2008 -44.8 +7.4 -21.0 +30.0 -8.4 -25.1 +8.5 -0.7 -26.4 -35.5 -9.8 +36.0
2007 +8.1 -11.8 -6.1 +23.6 +3.3 -3.7 +31.9 -5.0 +37.9 +32.8 +67.8 +9.5
2006 -7.8 +2.1 +3.4 +2.1 -1.2 -16.6 -13.6 +16.3 +1.6 -0.5 -2.7 -9.6
2005 -6.9 +2.9 -4.8 +3.1 +10.1 -1.3 +7.1 +6.1 +0.8 -18.1 +14.2 +1.3
2004 · -9.5 +9.5 +15.8 -34.7 +1.9 +9.6 +10.5 +16.4 +2.8 +2.1 +20.2

🏆 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 +12.3% so far -3.2%

By quarter, Q4 (Oct–Dec) has been the strongest for NLCINDIA: up in 13 of 22 years, averaging +12.3%. Q1 (Jan–Mar) has been the softest (-3.7% 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 -3.7+7.2+5.2+12.3
Up % 32%57%65%59%
2026 +7.3 +19.9 -18.7 -3.2
2025 -1.7 -5.9 +23.9 -12.3
2024 -10.0 +5.3 +17.6 -11.9
2023 -10.4 +40.6 +24.4 +87.8
2022 +0.8 +1.8 +6.9 +26.5
2021 -8.4 +21.1 +0.5 +1.1
2020 -23.2 +5.1 +7.3 +11.2
2019 +0.1 -6.1 -12.8 +0.1
2018 +13.9 -2.4 -18.2 +4.2
2017 +50.0 -6.8 -6.0 +16.7
2016 -10.6 +1.1 +1.5 +6.0
2015 -11.1 +17.4 -10.1 +12.9
2014 -2.3 +62.6 -15.2 -3.2
2013 -17.8 -14.1 +1.5 +14.5
2012 +18.0 -4.8 +10.6 -7.2
2011 -22.4 -6.7 -17.0 -7.1
2010 -4.5 +7.7 +2.5 -15.7
2009 +26.3 +44.5 +11.9 +14.4
2008 -53.2 -10.9 -20.7 -20.8
2007 -10.6 +22.9 +72.9 +144.1
2006 -2.7 -15.8 +2.0 -12.4
2005 -8.8 +12.1 +14.5 -5.3
2004 · -22.9 +41.0 +26.1

🏆 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 →
❓ NLCINDIA seasonality — FAQ
How often does NLC India Limited rise in October?
Historically NLCINDIA has closed October with a gain in 12 out of 22 years — a 55% hit rate — averaging +1.4% for the month (data since 2004).
Which is the best month to buy NLC India Limited historically?
Based on 23 years of data, April has been NLCINDIA's strongest month: positive in 74% of years with an average return of +7.4%. Past seasonality does not guarantee future results.
Which is the weakest month for NLC India Limited?
February has historically been the weakest month for NLCINDIA, with an average move of -3.5% and gains in just 10 of 23 years.
Which quarter is historically strongest for NLC India Limited?
Q4 (Oct–Dec) — positive in 13 of 22 years with an average return of +12.3%.
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