ABB India Ltd Gains 4.21%: 3 Key Factors Driving This Week’s Rally

Monday, 2 February 2026: Weak Start Amid Broader Market Decline

ABB India Ltd began the week on a subdued note, closing at Rs.5,460.70, down 2.08% from the previous Friday’s close of Rs.5,576.90. This decline was in line with the broader market, as the Sensex fell 1.03% to 35,814.09. The stock’s volume was moderate at 18,168 shares, reflecting cautious investor sentiment amid a volatile market backdrop. The initial weakness set the stage for a recovery rally in the following sessions.

Tuesday, 3 February 2026: Strong Gap Up and Intraday Surge

On 3 February, ABB India Ltd staged a notable recovery, opening with a significant gap up of 3.51% and closing at Rs.5,669.70, a 3.83% gain on the day. The stock reached an intraday high of Rs.5,749.75, marking a 5.29% increase from Monday’s close. This performance outpaced the Sensex’s 2.63% rise to 36,755.96, signalling strong buying interest. The heavy electrical equipment sector also showed strength, gaining 5.35%, although ABB India slightly underperformed the sector by 0.75%.

Technical indicators supported this momentum, with the stock trading above all key moving averages (5-day through 200-day), suggesting sustained medium- to long-term bullishness. The upgrade of the Mojo Grade from Sell to Hold on 29 January 2026 likely contributed to positive sentiment. ABB India’s high beta of 1.13 amplified its price movements, consistent with the sharp gap up and intraday gains.

Wednesday, 4 February 2026: Continued Uptrend with Sector Outperformance

ABB India Ltd extended its gains on 4 February, closing at Rs.5,750.20, up 1.42% on the day and reaching an intraday high of Rs.5,865. This represented a 3.44% increase from the previous close, underscoring strong intraday buying momentum. The stock outperformed the heavy electrical equipment sector by 3.28% and the Sensex’s modest 0.37% gain to 36,890.21.

The broader market showed volatility but ended with a slight recovery, while ABB India’s consistent trading above all major moving averages reinforced its bullish technical stance. The stock’s three-day gain of 7.58% highlighted sustained investor confidence. MarketsMOJO’s Hold rating and a Mojo Score of 50.0 reflected a neutral but stable outlook, aligning with the stock’s price action.

Thursday, 5 February 2026: Modest Gains Amid Lower Volume

On 5 February, ABB India Ltd recorded a smaller gain of 0.33%, closing at Rs.5,769.00 on reduced volume of 6,028 shares. The Sensex declined 0.53% to 36,695.11, indicating a mixed market environment. Despite the lower volume and modest price change, the stock maintained its position above key moving averages, signalling ongoing technical support. The relative outperformance against the Sensex’s decline suggested resilience amid broader market weakness.

Friday, 6 February 2026: Week Closes on Positive Note

ABB India Ltd ended the week on a positive note, gaining 0.74% to close at Rs.5,811.80. The Sensex also rose marginally by 0.10% to 36,730.20. The stock’s volume remained subdued at 6,342 shares, but the steady price increase capped a week of strong overall performance. The cumulative weekly gain of 4.21% significantly outpaced the Sensex’s 1.51% rise, underscoring ABB India’s relative strength and positive momentum heading into the weekend.

Daily Price Comparison: ABB India Ltd vs Sensex

Key Takeaways

Positive Signals: ABB India Ltd demonstrated strong resilience and momentum throughout the week, with a 4.21% weekly gain that outpaced the Sensex’s 1.51%. The stock’s ability to trade above all major moving averages and register multiple intraday highs indicates robust technical strength. The Mojo Grade upgrade to Hold and a stable Mojo Score of 50.0 reflect a neutral to positive outlook from rating agencies. The high beta nature of the stock contributed to amplified gains during positive market phases.

Cautionary Notes: Despite the overall positive trend, the stock experienced a weak start on Monday and modest gains on Thursday and Friday amid lower volumes, suggesting some consolidation. The broader market showed volatility and mixed signals, with the Sensex trading below its 50-day moving average for much of the week. Investors should note the stock’s sensitivity to market swings due to its beta above 1.

Overall, ABB India Ltd’s weekly performance highlights a stock in recovery mode with strong technical underpinnings and sectoral tailwinds, though tempered by broader market fluctuations and volume patterns.

Conclusion

ABB India Ltd’s 4.21% gain over the week ending 6 February 2026 underscores its relative strength amid a cautiously optimistic market environment. The stock’s consistent outperformance of the Sensex, combined with technical support above key moving averages and a recent rating upgrade, positions it as a noteworthy performer within the heavy electrical equipment sector. While some volatility and volume softness were observed, the overall trend remains positive. Market participants will likely monitor the stock’s ability to sustain momentum in the coming sessions, especially given its high beta profile and sensitivity to sectoral and macroeconomic developments.

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