📅 Shoppers Stop Limited Seasonality

Shoppers Stop Limited (SHOPERSTOP) has ended October higher in 10 of the last 21 years (48%), with an average October move of +0.1%. The strongest October was 2021 (+30.8%) and the weakest was 2008 (-19.2%).

SHOPERSTOP · data since 2005 (22 yrs) Prices through 16 Oct 2026
10/21
Octobers closed higher
+0.1%
Avg October move
-12.5%
October so far
May
Best month · avg +4.0%
January
Weakest month · avg -3.9%
22
Years of history
Current month: October 2026 historically up 48% of years (10/21) avg +0.1% best 2021 +30.8% worst 2008 -19.2% so far -12.5%

Shoppers Stop Limited's historically strongest month is May — up in 14 of 21 years (67%) with an average gain of +4.0%. The weakest month has been January, averaging -3.9% with gains in only 5 of 21 years. The most consistent month by hit rate is December (16/21 years positive).

📊 Average return by month

2005–2026 · completed months only
Bars above the zero line are months SHOPERSTOP typically gained; hover for hit rates.

🗓️ Month-by-month returns (2005–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -3.9-1.6+1.2-0.5+4.0+2.9+0.6+3.5+3.8+0.1-0.3+2.7
Up % 24%38%52%43%67%59%50%64%59%48%48%76%
2026 -4.8 -17.1 -4.9 +2.7 +19.4 +0.7 +9.1 -1.5 +8.1 -12.5 · ·
2025 -4.9 -8.7 +4.7 -6.9 -0.2 -1.4 +3.6 +3.9 -3.8 -0.9 -17.2 -9.6
2024 +9.1 -1.7 +1.8 -5.0 +1.8 +3.3 +3.5 +3.8 -2.6 -14.8 -11.2 +0.9
2023 -6.7 -1.8 -0.2 +2.2 +14.7 +7.4 -2.4 -8.6 -6.0 -6.6 +7.2 +0.7
2022 +6.7 -4.2 +39.2 +6.7 -7.7 +5.4 +19.4 +7.0 +19.9 +0.2 -8.6 +3.6
2021 -1.1 +5.1 +3.6 -7.0 +13.9 +4.8 +11.9 -9.9 +9.4 +30.8 -6.2 +2.3
2020 +11.2 -8.2 -49.6 -2.4 -27.1 +23.8 -6.3 +13.8 -3.8 -0.4 +14.1 +7.2
2019 -5.1 -6.5 -3.0 -0.4 +5.4 -0.2 -22.7 +6.7 +6.7 -12.5 -4.8 +4.5
2018 -7.6 +4.1 -2.3 +7.6 +1.8 -4.3 +0.7 +12.4 -15.5 -7.1 +1.8 +8.4
2017 -0.2 +13.6 +11.4 -0.8 -19.9 +17.9 +2.2 +3.3 +34.1 +9.2 +4.1 +2.1
2016 -2.1 -13.7 +6.2 +6.0 -8.8 +8.5 -1.2 +3.8 -6.0 +0.5 -20.0 -2.0
2015 -6.5 +1.2 -12.5 -14.2 +14.9 -1.6 +1.6 -4.4 -2.4 +3.2 +2.7 +1.5
2014 -10.2 -0.7 +0.1 -4.5 +8.0 +0.8 -1.5 +15.3 +22.1 -2.8 -10.5 +3.1
2013 -5.3 -5.6 -3.7 -7.1 +0.6 +4.1 -9.9 -1.6 +4.3 -3.9 -4.8 +30.4
2012 +11.4 +16.8 +13.6 -8.6 -9.7 +5.9 +5.6 -3.2 +15.5 +10.2 -2.5 +8.5
2011 -5.7 -0.1 -1.8 +1.5 +9.9 +17.7 -12.9 +1.3 -12.4 +0.1 +3.0 -27.1
2010 -13.2 +4.2 +14.6 -0.8 +7.7 +32.5 +14.5 -4.5 +5.7 +5.9 +2.3 +5.2
2009 -39.8 -18.1 +17.1 +10.2 +62.4 -14.3 +18.7 +38.5 +10.4 +4.5 +23.5 +8.2
2008 -26.2 +12.4 -12.0 -1.4 +0.0 -19.3 -8.3 +1.0 -26.0 -19.2 -1.8 -1.1
2007 -0.1 -7.5 -0.4 +9.0 -11.4 -3.2 -3.3 -6.0 +0.9 -2.0 -1.7 +7.9
2006 +19.5 +1.9 +3.0 +2.4 +9.0 -18.9 -7.5 +5.3 +20.6 +7.3 +10.0 -0.8
2005 · · · · · -6.6 -1.2 +1.2 +4.3 -0.7 +14.5 +2.0

🏆 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 62% of years (13/21) avg +2.6% so far -12.5%

By quarter, Q3 (Jul–Sep) has been the strongest for SHOPERSTOP: up in 13 of 22 years, averaging +8.9%. Q1 (Jan–Mar) has been the softest (-4.1% on average). The current quarter (Q4) has historically closed higher 62% 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 -4.1+6.1+8.9+2.6
Up % 33%52%59%62%
2026 -24.9 +23.6 +16.2 -12.5
2025 -9.1 -8.5 +3.5 -25.9
2024 +9.3 -0.1 +4.7 -23.6
2023 -8.5 +25.9 -16.1 +0.8
2022 +42.2 +3.8 +53.2 -5.2
2021 +7.7 +11.1 +10.3 +25.6
2020 -48.5 -12.0 +2.6 +21.9
2019 -13.9 +4.7 -12.0 -13.0
2018 -6.0 +4.8 -4.4 +2.5
2017 +26.3 -6.4 +41.6 +16.0
2016 -10.2 +4.9 -3.6 -21.2
2015 -17.2 -3.0 -5.2 +7.6
2014 -10.6 +4.0 +38.7 -10.3
2013 -14.0 -2.7 -7.6 +19.4
2012 +47.8 -12.6 +18.1 +16.5
2011 -7.6 +31.3 -22.7 -24.8
2010 +3.7 +41.5 +15.6 +13.9
2009 -42.3 +53.2 +81.5 +39.5
2008 -27.0 -20.3 -31.4 -21.5
2007 -7.9 -6.5 -8.2 +3.8
2006 +25.4 -9.5 +17.4 +17.1
2005 · · +4.2 +16.1

🏆 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 →
❓ SHOPERSTOP seasonality — FAQ
How often does Shoppers Stop Limited rise in October?
Historically SHOPERSTOP has closed October with a gain in 10 out of 21 years — a 48% hit rate — averaging +0.1% for the month (data since 2005).
Which is the best month to buy Shoppers Stop Limited historically?
Based on 21 years of data, May has been SHOPERSTOP's strongest month: positive in 67% of years with an average return of +4.0%. Past seasonality does not guarantee future results.
Which is the weakest month for Shoppers Stop Limited?
January has historically been the weakest month for SHOPERSTOP, with an average move of -3.9% and gains in just 5 of 21 years.
Which quarter is historically strongest for Shoppers Stop Limited?
Q3 (Jul–Sep) — positive in 13 of 22 years with an average return of +8.9%.
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 2005. 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