Adani Enterprises Ltd Hits Intraday Low Amid Price Pressure on 1 Feb 2026

Intraday Performance and Price Movement

After a sequence of four consecutive days of gains, Adani Enterprises Ltd reversed course sharply on 1 Feb 2026. The stock underperformed its diversified sector peers, declining by 3.64% on the day, compared to the sector’s fall of 2.35%. The intraday low of Rs 1,932.65 marked a 4.3% drop from the previous close, signalling intensified selling pressure during the trading session. This decline also outpaced the Sensex’s fall of 1.45%, highlighting the stock’s relative weakness in the current market environment.

Adani Enterprises is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a sustained downward momentum, with the stock unable to find immediate support at these critical levels. The breach of these averages often indicates a cautious sentiment among traders and investors, contributing to the intraday price pressure.

Market Context and Sectoral Impact

The broader market environment has been challenging, with the Sensex opening 119.19 points higher but reversing sharply to close down by 1,310.86 points at 81,078.11. The index’s decline of 1.45% was accompanied by trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating mixed medium-term technical signals. The diversified sector, to which Adani Enterprises belongs, also faced pressure, falling by 2.35%, which compounded the stock’s underperformance.

Within this context, Adani Enterprises’ 3.64% decline represents a sharper contraction than both the sector and the broader market. The stock’s one-day performance of -3.44% contrasts with the Sensex’s -1.49%, underscoring the specific pressures weighing on the company’s shares today.

Recent Performance Trends

Examining Adani Enterprises’ recent performance reveals a mixed trajectory. Over the past week, the stock has gained 4.68%, outperforming the Sensex’s 0.60% decline during the same period. However, this short-term strength contrasts with longer-term trends. The stock has declined by 11.97% over the last month and 20.38% over the past three months, significantly underperforming the Sensex’s respective falls of 4.28% and 3.98%. Year-to-date, Adani Enterprises has dropped 12.93%, compared to the Sensex’s 4.90% decline.

Over a one-year horizon, the stock’s performance remains negative at -10.67%, while the Sensex has gained 5.59%. Extending the view further, the three-year performance shows a steep decline of 30.09% for Adani Enterprises, in stark contrast to the Sensex’s 36.21% gain. Despite these setbacks, the stock’s five-year and ten-year returns remain robust at 296.88% and 2,654.80% respectively, reflecting its historical growth trajectory.

Mojo Score and Rating Update

Adani Enterprises currently holds a Mojo Score of 20.0, categorised as a Strong Sell. This represents a downgrade from its previous Sell rating, which was revised on 1 Dec 2025. The company’s Market Cap Grade stands at 1, indicating a relatively lower market capitalisation quality within its peer group. These ratings reflect the ongoing challenges faced by the stock in maintaining upward momentum amid prevailing market conditions.

Technical and Sentiment Analysis

The stock’s trading below all major moving averages signals a bearish technical setup. The failure to sustain gains after four consecutive positive sessions suggests that immediate selling pressure has intensified. This is compounded by the broader market’s sharp reversal from a positive opening to a significant decline, which has dampened overall investor sentiment. The diversified sector’s own weakness further adds to the headwinds facing Adani Enterprises.

Summary of Price Pressure and Market Sentiment

In summary, Adani Enterprises Ltd’s intraday low of Rs 1,932.65 and 4.3% decline reflect a combination of stock-specific and broader market pressures. The reversal after a short rally, coupled with trading below all key moving averages, indicates a cautious stance among market participants. The broader Sensex’s sharp fall and the diversified sector’s decline have contributed to the subdued sentiment, resulting in the stock’s underperformance relative to benchmarks.

While the stock has demonstrated strong long-term returns over five and ten years, the recent trend highlights challenges in sustaining momentum amid current market volatility. The downgrade to a Strong Sell rating and the low Mojo Score further underscore the prevailing cautious outlook on the stock’s near-term prospects.

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