Liquidity & Technical
Figures converted from INR at historical FX rates — see data/company.json.fx_rates. Ratios, margins, and multiples are unitless and unchanged.
Liquidity & Technical
EDELWEISS prints ~$7.5 million of average daily traded value with a 60-day median intraday range near 3.9% — institutionally tradable for mid-size funds, but the high price-range proxy means execution friction is real, and a $1 billion fund cannot accumulate a 5% position inside a week. The tape is constructive: price sits 12% above the 200-day moving average, the 50-day reclaimed the 200-day on 18 Jul 2025 (most recent golden cross), RSI is 60 with a freshly positive MACD histogram, and the stock trades at the 88th percentile of its 52-week range — momentum and trend are pointing the same direction.
1. Portfolio implementation verdict
5-day capacity ($M, 20% ADV)
Largest 5-day position (% mcap)
Fund AUM at 5% wgt ($M)
ADV 20d / mcap (%)
Technical stance score
Institutionally tradable, size-aware. Tape is constructive but liquidity caps the franchise position. A fund of ~$157 million can build a 5% position in five sessions at 20% ADV participation. Above that, accumulation needs to be spread over multiple weeks. The 60-day median daily range of 3.9% is a meaningful impact cost; treat fills with limit orders.
2. Price snapshot
Price ($)
YTD return (%)
1-year return (%)
52-week position (0–100)
30-day realized vol (%)
3. Price + 50/200-day SMA — full history
Most recent regime change: golden cross on 18 Jul 2025 (50-day SMA above 200-day). The prior signal was a death cross on 21 Mar 2025 that resolved into a higher low at $0.86 before reversing.
Price closes at $1.31, which is 12.0% above the 200-day SMA ($1.17) and 9.5% above the 50-day SMA ($1.20) — this is an uptrend, not a sideways tape. The chart also shows what the reader should not forget: this stock fell roughly 90% peak-to-trough between mid-2018 (~$2.57) and the April 2020 low (~$0.25). The current $1.31 print is well inside the lifetime range — the all-time high near $2.44 (converted at the 2017–2018 period rate) sits ~85% above today's USD price and has not been challenged since 2018.
4. Relative strength vs benchmark
Benchmark series unavailable for this run — the relative-performance file shipped with the company line rebased to 100 but no broad-market or sector index loaded. The absolute return profile (1-year +63%, 3-year +302%, 5-year +230%) is materially higher than NIFTY MICROCAP 250 and NIFTY TOTAL MARKET over the same windows from external knowledge, but we will not chart a number we did not compute. Cross-reference with the index data Sherlock / Quant pulled for the broader market regime.
5. Momentum — RSI(14) and MACD histogram
RSI sits at 60.4 — constructive but not yet at the 70 line that has marked local tops over the past year (May 2025, Jul 2025, Feb 2026 each peaked between 69 and 71 and then sold off). MACD histogram flipped positive on 8 Apr 2026, ran to +1.6 by mid-April, dipped briefly negative on 7 May 2026, then snapped back positive on the current print (+0.23). Near-term momentum is improving from a March pullback, not topping — there is room before the next "too hot" reading.
6. Volume, volatility, and sponsorship
Volume narrative: late-2025 saw a sustained run of above-average volume through the Sep–Oct rally that peaked at ~9 million shares/day on the 50-day average. Volume then collapsed into year-end and early 2026 (50-day average fell to under 4 million shares) before rebuilding into the current ~5.3 million shares/day. The recent breakout from $1.16 toward $1.31 is happening on declining-but-stable participation — not the volume confirmation a bull would want, but not active distribution either.
All three of the largest volume spikes were strong up-days (+9% to +16%) — buyers showing up at scale, not panic exits. The 10 Feb 2026 print (11.6× average volume on a +9.2% close at $1.42) marked the start of the most recent move higher and warrants attention as evidence of fresh institutional sponsorship.
30-day realized vol is 45.7% — essentially at the 10-year median (45.9%), well inside the "normal" zone (p20=36.7, p80=58.8). The 2024 rally was accompanied by far higher vol prints (75% peak in Aug 2024) and the early-2025 drawdown ran at 58–62%. The market is currently demanding a less stressed risk premium than it did during the up-leg, which is unusual late in a trend and worth watching — it can resolve either way.
7. Institutional liquidity panel
Note: shares outstanding (946.5M) sourced from
data/company.json; liquidity service flagged a missing share-count link, so the % market-cap, supported AUM, and runway numbers below are computed in this section from current price × shares × ADV. Same methodology as the standardliquidity.json.
A. ADV and turnover
ADV 20d (shares)
ADV 20d ($M)
ADV 60d (shares)
ADV / mcap (%)
Annual turnover (%)
ADV 20-day at ~5.97M shares/$7.53M. Implied market cap at $1.313 × 946.5M shares is ~$1.24 billion. ADV-to-mcap of 0.61% per day and ~158% annualized share turnover places this comfortably in the "actively traded mid-cap" band — well above the 0.2% threshold that typically marks liquidity-constrained names.
B. Fund-capacity table — what AUM can take what position?
Reading the table: at the aggressive (20% ADV) participation rate, a 5-day full build supports a $392 million fund taking a 2% position, a $157 million fund taking a 5% position, or a $78 million fund taking a 10% position. Cut all of those in half at the more realistic 10% ADV rate. A typical FII or large-cap mutual fund ($1 billion+ AUM) cannot meaningfully size this in a week without becoming the market.
C. Liquidation runway — days to exit
A 0.5%-of-market-cap position ($6.2 million) can be unwound in 4 sessions at aggressive participation, or 8 at conservative. A 1%-of-mcap stake ($12.4 million) takes 8 to 16 sessions. A 2% stake ($24.9 million) is a 16-to-32-session exit — that is a multi-week capital lockup, and it implicitly bets on the daily range staying tame the whole way through.
D. Price-range proxy
60-day median daily range is 3.86% of price — elevated, above the 2% threshold for institutional impact-cost flags. Expect the bid-ask + market-impact tax on a 5,000-share market order to be material (10–30 bps); large blocks should be worked over multiple sessions, not crossed at touch.
Bottom line on liquidity: the largest issuer-level position that clears the 5-day threshold is ~0.63% of market cap at 20% ADV and ~0.32% at 10% ADV. Mid-size funds (under $160 million AUM) can build a 5% portfolio weight inside a week without moving the tape; anything larger must plan a multi-week accumulation.
8. Technical scorecard and stance
Net score: +3. Setup: constructive on a 3-to-6 month horizon. Confirmed trend, a constructive (not overbought) momentum reading, a fresh golden cross, and a position near 52-week highs — four pieces of evidence in the same direction. The one missing element is unambiguous volume confirmation of the latest leg, and the elevated intraday range is a reminder that this name moves fast in both directions.
The two levels that change the view:
- Bull confirmation above $1.39 — clean break and weekly close above the 52-week high ($1.38) clears the path toward the $2.30–$2.55 zone last printed in 2018.
- Bear invalidation below $1.16 — a daily close back below the 200-day SMA ($1.17) reverses the most recent golden cross, kills the trend score, and returns this to a watchlist-only setup. The 50-day at $1.20 and the rising 200-day are the line in the sand.
Liquidity is not the constraint for mid-size mandates. For funds under $160 million AUM at a 5% target weight, a confirming break above $1.39 is the setup signal to add into. For $1 billion+ AUM funds, the size that actually fits is smaller than conviction would suggest — build over 2–4 weeks with limit orders, accept that franchise sizing tops out around 1.5–2% of portfolio without becoming the marginal print, and trim into any close back below $1.16.