📅 Swaraj Engines Limited Seasonality

Swaraj Engines Limited (SWARAJENG) has ended October higher in 11 of the last 22 years (50%), with an average October move of -0.4%. The strongest October was 2004 (+15.2%) and the weakest was 2008 (-23.4%).

SWARAJENG · data since 2004 (23 yrs) Prices through 16 Oct 2026
11/22
Octobers closed higher
-0.4%
Avg October move
-0.9%
October so far
April
Best month · avg +10.5%
February
Weakest month · avg -3.4%
23
Years of history
Current month: October 2026 historically up 50% of years (11/22) avg -0.4% best 2004 +15.2% worst 2008 -23.4% so far -0.9%

Swaraj Engines Limited's historically strongest month is April — up in 21 of 23 years (91%) with an average gain of +10.5%. The weakest month has been February, averaging -3.4% with gains in only 6 of 23 years.

📊 Average return by month

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

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.9-3.4-0.6+10.5+4.6+10.1+0.8+0.9-0.8-0.4-0.9+7.3
Up % 36%26%52%91%57%78%61%35%43%50%41%68%
2026 -3.2 +3.8 -8.0 +19.6 -3.3 +4.5 -9.2 -1.6 -0.6 -0.9 · ·
2025 +15.5 -23.3 +49.1 +4.4 -3.5 +0.5 +6.2 -4.4 +3.1 -3.2 -6.8 -4.1
2024 -8.4 +6.0 -3.0 +8.1 -0.1 +17.0 +9.1 +8.2 -6.0 -7.6 +6.1 -6.0
2023 +6.8 -7.7 +0.5 +12.9 +6.6 +15.0 -8.4 +3.8 -1.7 +1.0 +9.3 +10.1
2022 -12.5 -4.6 -3.1 +15.9 +4.9 -3.7 +4.2 +0.2 -0.4 +0.1 -1.1 -1.3
2021 -8.9 -0.5 +1.2 +12.1 +4.0 +27.7 -7.6 -7.3 -2.8 +5.8 -3.4 -2.6
2020 +10.4 -1.2 -25.9 +8.2 +13.7 +30.0 -6.8 +17.4 -8.0 -3.1 -0.8 +2.0
2019 -4.7 -9.1 +9.9 -3.0 +0.7 -0.0 -25.7 +13.8 -1.8 -2.0 -9.1 +8.2
2018 +27.1 +0.4 +0.6 +6.1 -7.7 -5.7 -2.9 -1.5 -18.5 -1.4 +1.2 +4.7
2017 +8.5 -1.4 +6.5 +22.6 +2.8 +25.5 -8.8 -5.6 +2.5 +2.9 -6.2 +4.7
2016 -12.3 -3.6 +4.5 +28.6 +0.5 +6.9 +1.0 -0.1 +1.9 +13.6 -1.3 -1.9
2015 -2.6 -8.8 +1.5 -0.1 +3.8 +8.1 +5.1 -2.4 -1.7 +6.5 -4.0 +7.6
2014 -5.1 +0.4 +12.8 +4.3 +14.8 +14.2 -0.5 +2.6 +7.7 -4.2 -1.2 -5.4
2013 -1.8 -8.8 -9.2 +16.4 +7.1 +0.3 +4.3 -5.7 +0.1 +8.4 +23.9 +4.8
2012 +7.8 -1.7 -4.3 +2.5 -3.4 +1.6 +3.4 -1.6 +4.5 +1.5 +0.4 +12.8
2011 -10.5 -5.1 +1.8 +0.8 -5.9 +1.6 +11.5 -2.3 +2.7 -0.3 -17.1 +5.8
2010 -12.0 -6.8 +1.5 +14.3 -3.6 +18.3 +14.2 -4.5 +3.3 +13.1 +4.0 +2.4
2009 -9.4 -7.2 +3.5 +11.4 +75.5 +52.5 +12.6 -4.9 +16.8 -14.4 +2.7 +12.9
2008 -11.8 -0.2 -24.3 +14.5 -10.7 -20.0 +8.7 -1.6 -2.7 -23.4 -22.6 +2.0
2007 +2.6 +9.2 -7.1 +13.4 +3.1 +3.3 +0.6 -0.2 +3.9 -4.6 -3.7 +102.1
2006 -0.1 -6.3 -0.1 +4.1 -6.9 -6.4 -4.9 +21.9 -8.4 +1.4 -6.4 +4.4
2005 +5.7 +4.9 -8.9 +9.3 +14.5 +35.5 +10.7 -8.5 -9.6 -14.1 +11.2 -4.2
2004 · -5.3 -13.5 +15.1 -0.2 +5.8 +1.8 +4.8 -1.6 +15.2 +5.5 +1.4

🏆 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 45% of years (10/22) avg +5.9% so far -0.9%

By quarter, Q2 (Apr–Jun) has been the strongest for SWARAJENG: up in 18 of 23 years, averaging +29.7%. Q1 (Jan–Mar) has been the softest (-4.6% on average). The current quarter (Q4) has historically closed higher 45% 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 -4.6+29.7+0.6+5.9
Up % 32%78%65%45%
2026 -7.5 +20.8 -11.3 -0.9
2025 +32.1 +1.3 +4.7 -13.5
2024 -5.8 +26.4 +11.0 -7.8
2023 -1.0 +38.5 -6.5 +21.6
2022 -19.2 +17.0 +4.0 -2.3
2021 -8.2 +48.8 -16.7 -0.5
2020 -19.2 +59.9 +0.8 -2.0
2019 -4.9 -2.4 -17.1 -3.7
2018 +28.5 -7.5 -22.1 +4.5
2017 +13.9 +58.1 -11.7 +1.1
2016 -11.6 +38.2 +2.8 +10.0
2015 -9.8 +12.1 +0.8 +10.0
2014 +7.6 +36.8 +10.0 -10.5
2013 -18.7 +25.0 -1.6 +40.7
2012 +1.4 +0.6 +6.4 +15.0
2011 -13.5 -3.6 +11.9 -12.5
2010 -16.7 +30.3 +12.6 +20.5
2009 -13.0 +198.1 +25.1 -0.7
2008 -33.3 -18.2 +4.0 -39.6
2007 +4.1 +20.8 +4.2 +85.8
2006 -6.4 -9.2 +6.2 -0.9
2005 +1.0 +69.5 -8.4 -8.5
2004 · +21.5 +4.9 +23.2

🏆 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 →
❓ SWARAJENG seasonality — FAQ
How often does Swaraj Engines Limited rise in October?
Historically SWARAJENG has closed October with a gain in 11 out of 22 years — a 50% hit rate — averaging -0.4% for the month (data since 2004).
Which is the best month to buy Swaraj Engines Limited historically?
Based on 23 years of data, April has been SWARAJENG's strongest month: positive in 91% of years with an average return of +10.5%. Past seasonality does not guarantee future results.
Which is the weakest month for Swaraj Engines Limited?
February has historically been the weakest month for SWARAJENG, with an average move of -3.4% and gains in just 6 of 23 years.
Which quarter is historically strongest for Swaraj Engines Limited?
Q2 (Apr–Jun) — positive in 18 of 23 years with an average return of +29.7%.
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