📅 PI Industries Limited Seasonality

PI Industries Limited (PIIND) has ended October higher in 9 of the last 15 years (60%), with an average October move of +5.1%. The strongest October was 2013 (+36.7%) and the weakest was 2012 (-7.7%).

PIIND · data since 2011 (16 yrs) Prices through 16 Oct 2026
9/15
Octobers closed higher
+5.1%
Avg October move
-5.2%
October so far
July
Best month · avg +8.1%
January
Weakest month · avg -3.4%
16
Years of history
Current month: October 2026 historically up 60% of years (9/15) avg +5.1% best 2013 +36.7% worst 2012 -7.7% so far -5.2%

PI Industries Limited's historically strongest month is July — up in 12 of 16 years (75%) with an average gain of +8.1%. The weakest month has been January, averaging -3.4% with gains in only 4 of 15 years. The most consistent month by hit rate is April (12/15 years positive).

📊 Average return by month

2011–2026 · completed months only
Bars above the zero line are months PIIND typically gained; hover for hit rates.

🗓️ Month-by-month returns (2011–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -3.4+2.3+1.7+6.2+0.6+2.2+8.1+2.8+0.1+5.1+1.9+0.7
Up % 27%60%67%80%47%67%75%75%50%60%67%47%
2026 -1.3 -2.4 -12.8 +12.4 -9.2 -7.9 +7.7 -13.9 -2.5 -5.2 · ·
2025 -5.5 -13.5 +13.7 +6.2 +5.0 +7.3 +3.6 -13.1 -4.9 +1.8 -5.1 -4.6
2024 -4.1 +8.9 +5.3 -5.5 -3.1 +7.3 +16.6 +1.5 +3.6 -3.6 -9.4 -9.3
2023 -12.4 +3.4 -2.2 +11.7 +6.9 +8.4 -7.8 +0.3 -4.8 -1.5 +10.9 -6.8
2022 -19.8 +1.4 +14.2 +1.0 -3.1 -7.2 +20.7 +11.2 -12.7 +8.1 +7.7 -2.1
2021 -8.0 +7.8 +3.7 +11.2 +4.1 +11.3 +1.4 +15.0 -6.4 -5.6 -4.3 +5.7
2020 +7.7 -1.6 -23.6 +35.9 -3.2 -2.3 +17.1 +4.4 +7.2 +11.4 +0.5 -0.6
2019 -1.2 +8.2 +11.2 +1.8 +8.9 +3.1 -6.3 +3.8 +14.5 +9.3 +3.7 -2.4
2018 -5.0 -2.0 +1.4 -2.0 -2.4 -11.1 +7.1 -4.3 -7.7 +9.0 +5.9 +4.9
2017 +4.8 -2.5 -1.3 +3.8 -5.9 +2.3 -8.6 -5.4 +2.6 +10.8 +16.2 +1.1
2016 +0.2 -11.3 -1.2 +13.0 +5.3 +6.9 +4.5 +6.9 +3.0 +3.9 +0.9 -4.5
2015 -3.0 +18.3 +2.3 +8.6 +3.6 -5.5 +1.8 +9.8 -11.4 +4.9 -4.2 +1.6
2014 -4.4 +7.8 +9.2 -10.2 +18.5 +13.0 +18.8 +14.0 -0.1 -1.3 +0.0 +16.0
2013 +10.9 +0.8 +2.1 +4.2 -6.1 +4.0 -1.5 +2.3 +18.5 +36.7 +10.5 +7.9
2012 -9.9 +11.5 +3.4 +1.2 -10.3 +3.3 +0.7 +6.9 +2.1 -7.7 +5.9 +4.8
2011 · · · · · · +54.4 +5.6 +1.1 +0.0 -10.7 -1.3

🏆 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 73% of years (11/15) avg +8.4% so far -5.2%

By quarter, Q3 (Jul–Sep) has been the strongest for PIIND: up in 10 of 16 years, averaging +11.4%. Q1 (Jan–Mar) has been the softest (+0.2% on average). The current quarter (Q4) has historically closed higher 73% 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 +0.2+9.2+11.4+8.4
Up % 53%60%62%73%
2026 -16.0 -6.0 -9.6 -5.2
2025 -7.0 +19.7 -14.4 -7.8
2024 +10.0 -1.8 +22.6 -20.8
2023 -11.4 +29.4 -12.0 +1.8
2022 -7.1 -9.2 +17.1 +14.1
2021 +2.9 +28.9 +9.2 -4.5
2020 -19.1 +28.5 +31.1 +11.3
2019 +18.9 +14.4 +11.4 +10.6
2018 -5.6 -14.9 -5.5 +21.1
2017 +0.8 -0.1 -11.3 +30.2
2016 -12.1 +27.1 +15.0 +0.1
2015 +17.4 +6.3 -1.0 +2.1
2014 +12.6 +20.2 +35.3 +14.6
2013 +14.2 +1.7 +19.3 +62.9
2012 +3.8 -6.1 +9.9 +2.5
2011 · · +64.8 -11.9

🏆 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 →
❓ PIIND seasonality — FAQ
How often does PI Industries Limited rise in October?
Historically PIIND has closed October with a gain in 9 out of 15 years — a 60% hit rate — averaging +5.1% for the month (data since 2011).
Which is the best month to buy PI Industries Limited historically?
Based on 16 years of data, July has been PIIND's strongest month: positive in 75% of years with an average return of +8.1%. Past seasonality does not guarantee future results.
Which is the weakest month for PI Industries Limited?
January has historically been the weakest month for PIIND, with an average move of -3.4% and gains in just 4 of 15 years.
Which quarter is historically strongest for PI Industries Limited?
Q3 (Jul–Sep) — positive in 10 of 16 years with an average return of +11.4%.
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 2011. 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