Aeroflex Industries Ltd Hits Intraday High with 8.77% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Aeroflex Industries Ltd opened with a significant gap up of 11.18%, signalling strong buying interest from the outset. The stock maintained upward momentum throughout the trading session, reaching a peak price of Rs 193, which represents an 11.75% gain intraday. By the close, the stock recorded a day change of 8.77%, substantially outperforming the Iron & Steel Products sector, which gained 2.44% on the same day.

This surge also eclipsed the Sensex’s performance, which closed with a 2.58% gain, despite losing momentum after an initial gap up opening. Aeroflex’s 1-day performance of 8.63% versus Sensex’s 2.58% further underscores the stock’s relative strength in today’s market environment.

Technical Positioning and Moving Averages

The stock’s price action is supported by its position above key moving averages. Aeroflex is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong technical footing. This alignment suggests that the recent gains are supported by sustained buying interest across multiple timeframes, reinforcing the stock’s positive momentum.

Notably, the stock’s rebound follows three consecutive days of decline, marking a clear trend reversal. This recovery is significant given the broader market context, where the Sensex remains below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, signalling a mixed but cautiously optimistic market backdrop.

Sector and Market Context

The Iron & Steel Products sector, to which Aeroflex belongs, gained 2.44% on the day, indicating a positive environment for steel-related stocks. Aeroflex’s outperformance by 6.22% relative to its sector highlights its distinct strength within the group.

Meanwhile, the broader market showed mixed signals. The Sensex opened sharply higher by 3,656.74 points but retreated by 1,550.59 points to close at 83,772.61, remaining 2.85% below its 52-week high of 86,159.02. Mega-cap stocks led the market gains, contributing to the Sensex’s 2.58% rise, while mid and small caps experienced varied performances.

Mojo Score and Rating Update

Aeroflex Industries Ltd holds a Mojo Score of 57.0, categorised as a Hold grade as of 30 Jan 2026, an upgrade from its previous Sell rating. This change reflects an improved outlook based on recent performance metrics and market positioning. The company’s Market Cap Grade stands at 3, indicating a mid-tier market capitalisation within its peer group.

Despite the positive intraday movement, the stock’s longer-term performance remains mixed. Over the past month, Aeroflex has declined by 5.25%, underperforming the Sensex’s 2.32% drop. Year-to-date, the stock is down 2.77%, slightly lagging the Sensex’s 1.70% decline. Over one year, Aeroflex has fallen 21.51%, contrasting with the Sensex’s 8.53% gain, reflecting challenges in sustaining upward momentum over extended periods.

Trading Volume and Market Reaction

While specific volume data is not disclosed, the sharp gap up opening and sustained intraday gains suggest active trading interest in Aeroflex Industries Ltd. The stock’s ability to maintain levels above all major moving averages indicates that buyers were able to absorb selling pressure effectively throughout the session.

The rebound after three days of decline may indicate a shift in short-term sentiment, with traders responding to either technical triggers or sectoral developments. The stock’s outperformance relative to both sector and benchmark indices highlights its current appeal within the Iron & Steel Products space.

Summary of Key Metrics

Aeroflex Industries Ltd’s intraday high of Rs 193 represents an 11.75% increase, with a day change of 8.77%. The stock opened with an 11.18% gap up and outperformed the sector by 6.22%. It is trading above all major moving averages, signalling strong technical support. The Mojo Score upgrade to Hold from Sell on 30 Jan 2026 reflects improved market sentiment. Despite short-term gains, the stock’s longer-term returns remain subdued compared to the Sensex.

Conclusion

Aeroflex Industries Ltd’s strong intraday performance on 3 Feb 2026, marked by a significant gap up and sustained gains, highlights its current resilience within the Iron & Steel Products sector. The stock’s technical positioning above key moving averages and its outperformance relative to sector and benchmark indices underscore a notable recovery after recent declines. Market participants will observe whether this momentum can be sustained in the near term amid broader market fluctuations.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →