📅 S.A.L. Steel Limited Seasonality

S.A.L. Steel Limited (SALSTEEL) has ended October higher in 5 of the last 21 years (24%), with an average October move of -0.9%. The strongest October was 2016 (+52.7%) and the weakest was 2008 (-37.2%).

SALSTEEL · data since 2004 (23 yrs) Prices through 16 Oct 2026 🔻 #4 monthly Bottom-25 (historically weak)
5/21
Octobers closed higher
-0.9%
Avg October move
-18.4%
October so far
April
Best month · avg +15.0%
March
Weakest month · avg -7.6%
23
Years of history
Current month: October 2026 historically up 24% of years (5/21) avg -0.9% best 2016 +52.7% worst 2008 -37.2% so far -18.4%

S.A.L. Steel Limited's historically strongest month is April — up in 16 of 22 years (73%) with an average gain of +15.0%. The weakest month has been March, averaging -7.6% with gains in only 5 of 22 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -4.0-2.8-7.6+15.0-0.2+1.4+4.7-1.2+9.4-0.9+4.2+13.6
Up % 36%27%23%73%18%41%41%36%73%24%57%64%
2026 -10.4 +20.9 -21.7 +60.1 +1.2 -8.9 +6.0 +36.9 +25.7 -18.4 · ·
2025 -12.3 -10.3 -4.9 +10.7 -5.7 -4.8 +0.0 +4.1 +57.3 +36.6 +5.9 +6.3
2024 +3.3 -9.6 -9.0 -3.4 -3.0 +3.9 +5.5 +9.1 +18.3 -7.9 -3.7 -4.6
2023 +22.6 -10.6 -17.0 +32.1 -12.2 +0.3 +19.1 -16.6 +3.8 -3.3 +17.6 +29.9
2022 +2.9 -18.3 -3.4 +0.0 -4.5 -10.0 +2.3 -5.1 +84.3 -22.9 +12.3 +13.6
2021 -15.3 +0.0 -13.9 +53.2 -1.1 +28.7 +140.5 -18.2 -17.2 -12.7 +4.1 +36.9
2020 +23.5 -15.9 -32.1 +47.2 -26.4 +100.0 -30.8 +37.0 -24.3 -7.1 +13.5 +44.1
2019 -11.5 -19.1 +9.7 -9.8 -1.1 -33.0 -9.8 -23.6 +47.6 -16.1 +7.7 -8.9
2018 +1.5 +19.5 -7.5 +10.9 -1.2 -14.3 -2.9 -2.2 -9.9 -5.1 +16.1 +0.0
2017 +9.6 +36.2 -9.2 +41.4 -9.3 +7.1 +10.3 -14.0 -21.7 +38.6 -6.4 +0.0
2016 -12.3 +0.0 +0.0 +3.5 -13.6 -7.8 +38.3 -7.7 -8.3 +52.7 -10.7 -2.7
2015 -13.2 +4.3 -29.2 +8.8 +0.0 -5.4 +2.9 -11.1 +12.5 -8.3 +30.3 +51.2
2014 -3.0 -9.4 +3.4 +70.0 +17.6 +26.7 -23.7 -5.2 +1.8 -10.7 +2.0 +3.9
2013 -13.2 -15.2 -25.0 +7.1 -11.1 -15.0 -26.5 -4.0 +4.2 +44.0 +5.6 -13.2
2012 +11.7 -1.0 -3.8 -13.0 -11.5 +2.6 +0.0 -11.4 +12.9 -5.1 -4.0 +5.6
2011 -0.6 -7.8 +0.0 +1.3 -4.5 -6.7 -5.0 -19.7 +2.8 +11.9 -11.5 -13.0
2010 -26.1 -9.8 +4.1 +2.2 -15.3 +6.5 +0.0 -6.6 +2.5 -7.4 -12.7 +1.8
2009 -12.1 -5.3 +1.6 +15.9 +88.4 -22.2 -6.5 +11.0 +0.9 -19.2 +11.0 +65.7
2008 -26.8 +1.0 -11.9 +1.8 -5.5 +2.4 -6.2 -4.4 -24.9 -37.2 -13.4 +21.1
2007 +3.9 -12.2 -6.6 +5.4 +20.0 -0.3 -1.3 +1.0 +16.1 -15.3 +34.4 +30.1
2006 -4.0 -5.0 -1.2 -2.7 -2.7 -11.3 -11.6 +4.4 +5.0 -4.7 -9.9 +20.3
2005 -6.9 +5.3 +9.3 -13.8 -3.5 -8.3 +3.9 +19.1 +17.0 -20.0 -0.3 -2.3
2004 · · · · · · · · · · · +13.4

🏆 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 57% of years (12/21) avg +15.8% so far -18.4%

By quarter, Q2 (Apr–Jun) has been the strongest for SALSTEEL: up in 9 of 22 years, averaging +17.5%. Q1 (Jan–Mar) has been the softest (-14.3% on average). The current quarter (Q4) has historically closed higher 57% 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 -14.3+17.5+10.5+15.8
Up % 18%41%55%57%
2026 -15.2 +47.6 +82.4 -18.4
2025 -25.2 -0.6 +63.8 +53.8
2024 -15.0 -2.6 +36.1 -15.3
2023 -9.0 +16.4 +3.1 +47.7
2022 -18.8 -14.1 +78.9 -1.6
2021 -27.1 +95.2 +62.8 +24.4
2020 -29.4 +116.7 -28.2 +51.8
2019 -21.5 -40.2 +1.6 -17.7
2018 +12.2 -6.1 -14.5 +10.2
2017 +35.6 +37.4 -25.7 +29.7
2016 -12.3 -17.5 +17.0 +32.7
2015 -35.8 +2.9 +2.9 +80.6
2014 -9.1 +153.3 -26.3 -5.4
2013 -44.7 -19.0 -26.5 +32.0
2012 +6.4 -21.0 +0.0 -3.8
2011 -8.3 -9.7 -21.6 -13.8
2010 -30.6 -7.8 -4.2 -17.6
2009 -15.4 +69.8 +4.7 +48.7
2008 -34.8 -1.5 -32.7 -34.1
2007 -14.8 +26.0 +15.7 +48.2
2006 -9.9 -16.0 -3.2 +3.3
2005 +7.1 -23.7 +44.9 -22.0

🏆 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 →
❓ SALSTEEL seasonality — FAQ
How often does S.A.L. Steel Limited rise in October?
Historically SALSTEEL has closed October with a gain in 5 out of 21 years — a 24% hit rate — averaging -0.9% for the month (data since 2004).
Which is the best month to buy S.A.L. Steel Limited historically?
Based on 22 years of data, April has been SALSTEEL's strongest month: positive in 73% of years with an average return of +15.0%. Past seasonality does not guarantee future results.
Which is the weakest month for S.A.L. Steel Limited?
March has historically been the weakest month for SALSTEEL, with an average move of -7.6% and gains in just 5 of 22 years.
Which quarter is historically strongest for S.A.L. Steel Limited?
Q2 (Apr–Jun) — positive in 9 of 22 years with an average return of +17.5%.
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 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