As of September 17, 2026, SPLPETRO's technical stance is mixed, with short-term indicators showing strength while longer-term trends present conflicting signals. The daily and weekly timeframes indicate bullish momentum, with prices trading above key moving averages and the Supertrend indicator. However, the monthly timeframe shows a bearish Supertrend signal, suggesting potential headwinds.

On the daily chart, the price is above the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs), with positive slopes on the EMAs, indicating upward price momentum. The Average Directional Index (ADX) at 29.63 suggests a trending market. The weekly chart also shows prices above its EMAs and SMAs, with a bullish Supertrend.

Conversely, the monthly chart displays a bearish Supertrend at 974.75, while the current price is 807.0. The monthly ADX is lower at 10.37, indicating a less defined trend on this longer timeframe. A 'Morning Star' pattern is noted on the monthly timeframe, which can be a bullish reversal signal.

Nearest support is observed around ₹804.03, with resistance identified near ₹815.0. The stock has experienced recent extreme volume with price movement on the daily timeframe on September 4, 2026, with a volume ratio of 11.91 and a Z-score of 5.9. Annualized volatility stands at 0.4, with a current drawdown of -0.09.

Supreme Petrochem was highlighted in a news report on September 15, 2026, as one of the stocks recommended for short-term gains. The report, which also mentioned BEML and Heritage Foods, provided target prices for these companies. This suggests external market commentary is identifying Supreme Petrochem as a stock of interest for potential trading opportunities.

Supreme Petrochem (SPLPETRO) on the NSE experienced a price increase to ₹807.0 on September 17, 2026, up from ₹792.7 on the previous day. This marks a recent shift in its trading price. The company's profile and listing on the NSE remain unchanged from earlier context.

Supreme Petrochem Limited reported its first quarter results for Fiscal Year 2027 (FY27) on August 4, 2026. The company saw a year-on-year revenue increase of 22% to ₹1693 crores, attributed to higher raw material prices. Operating EBITDA grew significantly by 188% year-on-year to ₹331 crores, with net profit after tax reaching ₹236 crores. However, sales volume of manufactured products decreased by 24.5% to 70,842 metric tons. This decline was linked to geopolitical issues in West Asia impacting styrene monomer supply and increased freight costs. Despite these volume challenges, the company is moving forward with expansion plans, including a new wide-width EPS board line and increased compounding capacity. A new polystyrene production line has also been approved. These expansions represent an estimated investment of ₹450 crores, to be funded by internal accruals, with an expected completion by December 2028.

In other disclosures, the company published newspaper notices on August 28, 2026, regarding the transfer of unpaid dividends and equity shares to the Investor Education and Protection Fund (IEPF). Additionally, a special window for the transfer and dematerialisation of physical shares, which had transfer requests lodged on or before April 1, 2019, and were subsequently rejected or returned, was opened from February 5, 2026, to February 4, 2027. On August 11, 2026, the company noted it received an independent ESG rating from NSE Sustainability Ratings & Analytics Limited, based on publicly available information. Supreme Petrochem clarified that it did not engage the rating agency for this assessment and has not verified or agreed to the rating.

Supreme Petrochem's recent operating performance shows a notable upward trend in revenue, growing from ₹1,280.93 crore in Q3 FY2025-26 to ₹1,714.51 crore in Q1 FY2026-27. This revenue growth has been accompanied by a significant improvement in profitability. Profit Before Tax (PBT) increased substantially from ₹41.16 crore in Q3 FY2025-26 to ₹318.43 crore in Q1 FY2026-27. The company's operating expenses, excluding finance costs, also saw fluctuations, decreasing to ₹78.98 crore in Q1 FY2026-27 from ₹102.54 crore in Q4 FY2025-26, while finance costs remained relatively stable, around ₹3.53 crore to ₹4.21 crore across the observed periods. The tax expense has also risen in line with profitability, reaching ₹80.86 crore in Q1 FY2026-27. The company's ability to translate revenue growth into higher profits suggests potential operating leverage or improved pricing power. Key areas to monitor include the sustainability of this revenue growth and the management of operating expenses to maintain profit margins.

Supreme Petrochem's (SPLPETRO) technical indicators suggest a bullish trend on a daily and weekly basis as of September 17, 2026. The daily trend shows the closing price at ₹807.0, exceeding both the 20-day Exponential Moving Average (EMA) of ₹767.77 and the 50-day Simple Moving Average (SMA) of ₹731.72. The Supertrend indicator is also signaling a bullish direction. Similarly, the weekly trend indicates a bullish Supertrend direction, with the closing price of ₹807.0 above the 20-day EMA of ₹734.32 and the 50-day EMA of ₹715.08. The stock has demonstrated positive returns across several shorter timeframes, including a 26% year-to-date return and a 23% return over the last six months. Recent news highlights the stock as a potential short-term gain opportunity, according to external commentary.

The company's monthly trend analysis indicates a bearish Supertrend direction, suggesting potential downward pressure on the stock over a longer timeframe. While daily and weekly trends show bullish Supertrend directions, the divergence at the monthly level warrants caution. The stock is trading near its nearest resistance levels, with the closest at ₹815.0, which is 0.99% above the current price. The maximum drawdown observed is -43%, indicating historical periods of significant price decline.