SPLPETRO – Quiet Strength Building Inside a Falling ChannelSupreme Petrochem Limited has been moving in a structured falling channel for a while, but the recent price action is telling a different story. After touching the lower boundary, the stock showed a strong and confident bounce, which clearly indicates that buyers are stepping in with intent rather t
Supreme Petrochem Limited
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Next report date
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Report period
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EPS estimate
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Revenue estimate
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17.50 INR
3.29 B INR
54.06 B INR
63.41 M
About Supreme Petrochem Limited
Sector
Industry
CEO
N. Gopal
Website
Headquarters
Mumbai
Founded
1989
IPO date
Nov 30, 1994
Identifiers
2
ISIN INE663A01033
Supreme Petrochem Ltd. engages in the manufacture of styrenics. Its products include polystyrene, expandable polystyrene, Acrylonitrile Butadiene Styrene and compounds, and masterbatches. The company was founded on December 14, 1989 and is headquartered in Mumbai, India.
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SPLPETRO : Looking bullish SPLPETRO : Looking bullish
Fundamental Outlook
Almost debt free D/E ratio is 0.06, High ICR (51.1)
PE of 28.68, IND PE is 19.62, 1.5X of INdustry PE, expensive stock
PEG of 0.62, very attractive and hence PE can be justified
ROE = 16.8%
ROCE = 22.46% , ROCE 5yrs = 43.22%
Sales growth = 19.1%,
Supreme Petrochecm cmp 774.80 by Daily Chart viewSupreme Petrochecm cmp 774.80 by Daily Chart view
- Support Zone 670 to 730 Price Band
- Resistance Zone 785 to 835 Price Band
- Bullish Cup & Handle by Support Zone neckline
- Volumes in good sync with average traded quantity
- Breakout from Falling Resistance Trendline well maintained
- Rising Su
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
SPLPETRO Swing trade scenario..SPLPETRO has developed inverted head and shoulder pattern and broken it with volume. This pattern took ~4 months to develop. So this is high probability scenario for further upside move. We should wait for price to retest the neckline and show reversal with the support of volume.
Disclaimer ⚠️:This
Formation of the second shoulder in the Inverted H&STo dot miss the next idea Follow Us
Supreme Petrochem Limited manufactures and sells polystyrene, expandable polystyrene, masterbatches and compounds of styrenics and other polymers, and extruded polystyrene insulation board in India and internationally.
The company has a high return on equity (
Supreme Petrochem Ltd – Possible 5-Wave StructureThe chart is forming a 5-wave pattern. After the Wave (iii) rally and current Wave (iv) correction, the next move could be an upward push into Wave (v).
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
SPLPETRO : #SPLPETRO #swingtrade #patterntrading
SPLPETRO : Swing Trading
>> Inverse H&S pattern visible
>> Good Strength in Stock
>> Volume Building up
>> Risk Reward Favourable
Swing Traders can lock profit at 10% and keep Trailing
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Weight 0.24%
Market value 55.06 K
Weight 0.24%
Market value 16.78 K
Weight 0.06%
Market value 5.56 K
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Frequently asked questions
The current price of SPLPETRO is 692.35 INR — it has decreased by −0.45% in the past 24 hours. Watch Supreme Petrochem Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Supreme Petrochem Limited stocks are traded under the ticker SPLPETRO.
SPLPETRO stock has fallen by −6.06% compared to the previous week, the month change is a −10.20% fall, over the last year Supreme Petrochem Limited has showed a −1.39% decrease.
We've gathered analysts' opinions on Supreme Petrochem Limited future price: according to them, SPLPETRO price has a max estimate of 740.00 INR and a min estimate of 740.00 INR. Watch SPLPETRO chart and read a more detailed Supreme Petrochem Limited stock forecast: see what analysts think of Supreme Petrochem Limited and suggest that you do with its stocks.
SPLPETRO reached its all-time high on Sep 29, 2025 with the price of 979.00 INR, and its all-time low was 1.90 INR and was reached on Nov 7, 2001. View more price dynamics on SPLPETRO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SPLPETRO stock is 3.62% volatile and has beta coefficient of 0.61. Track Supreme Petrochem Limited stock price on the chart and check out the list of the most volatile stocks — is Supreme Petrochem Limited there?
Today Supreme Petrochem Limited has the market capitalization of 130.79 B, it has decreased by −4.52% over the last week.
Yes, you can track Supreme Petrochem Limited financials in yearly and quarterly reports right on TradingView.
Supreme Petrochem Limited is going to release the next earnings report on Jul 23, 2026. Keep track of upcoming events with our Earnings Calendar.
SPLPETRO net income for the last quarter is 1.69 B INR, while the quarter before that showed 305.69 M INR of net income which accounts for 0.00% change. Track more Supreme Petrochem Limited financial stats to get the full picture.
Yes, SPLPETRO dividends are paid quarterly. The last dividend per share was 2.50 INR. As of today, Dividend Yield (TTM)% is 1.44%. Tracking Supreme Petrochem Limited dividends might help you take more informed decisions.
Supreme Petrochem Limited dividend yield was 1.42% in 2025, and payout ratio reached 59.86%. The year before the numbers were 1.59% and 48.15% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Supreme Petrochem Limited EBITDA is 5.21 B INR, and current EBITDA margin is 9.64%. See more stats in Supreme Petrochem Limited financial statements.
Like other stocks, SPLPETRO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Supreme Petrochem Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Supreme Petrochem Limited technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Supreme Petrochem Limited stock shows the neutral signal. See more of Supreme Petrochem Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









