Ajmera Realty & Infra India Ltd Drops 4.22%: 4 Key Factors Behind the Weekly Slide

2 February 2026: Stock Hits 52-Week Low Amid Continued Downtrend

Ajmera Realty & Infra India Ltd’s shares plunged to a fresh 52-week low of Rs.133.55 on 2 February 2026, marking a significant milestone in its ongoing decline. Despite opening with a positive gap and reaching an intraday high of Rs.143.05, the stock reversed sharply to close at Rs.135.70, down 10.61% on the day. This decline outpaced the Sensex’s 1.03% fall, signalling intensified selling pressure.

The stock’s fall below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, reinforced the bearish technical outlook. The company’s recent quarterly results showed a 24.6% drop in profit after tax to Rs.25.54 crore and a 5.77% decline in net sales, contributing to the negative sentiment. Ajmera Realty’s Mojo Score stood at 37.0 with a Sell rating, reflecting deteriorating fundamentals and market caution.

2 February 2026: Death Cross Formation Signals Prolonged Bearish Trend

On the same day, Ajmera Realty & Infra India Ltd formed a Death Cross, a key technical indicator where the 50-day moving average crossed below the 200-day moving average. This event is widely interpreted as a signal of a sustained bearish phase ahead. The stock’s P/E ratio of 22.96, below the industry average of 34.96, further highlighted valuation concerns amid sector challenges.

Technical indicators such as the weekly and monthly MACD, Bollinger Bands, and On-Balance Volume pointed towards weakening momentum and increased downside risks. Despite strong long-term returns over three, five, and ten years, the recent technical deterioration underscored the stock’s vulnerability in the current market environment.

3 February 2026: Intraday High and Short-Term Rebound

Following two days of declines, Ajmera Realty & Infra India Ltd rebounded strongly on 3 February 2026, surging 7.59% to close at Rs.145.30. The stock touched an intraday high of Rs.147, representing an 8.33% gain from the previous close. This rally outperformed the Realty sector’s 3.98% gain and the Sensex’s 2.86% rise on the same day, signalling selective buying interest.

Despite this short-term recovery, the stock remained below all major moving averages, indicating that the broader downtrend was intact. The surge was accompanied by increased volume, suggesting active trading interest. However, the Mojo Score remained at 31.0 with a Sell rating, reflecting ongoing caution among analysts.

3 February 2026: Technical Indicators Confirm Bearish Momentum

Later on 3 February, technical analysis revealed a further shift towards bearish momentum. The stock closed at Rs.134.50 in a separate session, down 1.97%, trading near its 52-week low. Key indicators such as the weekly MACD remained bearish, while the weekly RSI showed some short-term oversold conditions, hinting at limited relief rallies.

Bollinger Bands and moving averages confirmed increased volatility and downward pressure. The Know Sure Thing (KST) and On-Balance Volume (OBV) indicators also pointed to weakening momentum. The MarketsMOJO downgrade to a Sell rating on 9 January 2026 was reaffirmed by these technical developments, underscoring the stock’s vulnerability amid sectoral headwinds.

4-6 February 2026: Consolidation and Weekly Close

After the volatile sessions earlier in the week, Ajmera Realty & Infra India Ltd’s stock price stabilised somewhat, closing at Rs.148.85 (+2.44%) on 4 February and Rs.149.60 (+0.50%) on 5 February. However, the gains were modest and the stock remained below key moving averages, reflecting persistent resistance.

On 6 February, the stock declined 2.81% to close at Rs.145.40, ending the week down 4.22% from the previous Friday’s close of Rs.151.80. This contrasted with the Sensex’s 1.51% gain over the same period, highlighting the stock’s underperformance amid a recovering broader market.

Key Takeaways

Ajmera Realty & Infra India Ltd’s week was marked by significant volatility and a clear bearish bias. The stock’s 10.61% drop on 2 February to a 52-week low and the formation of a Death Cross signalled a deepening downtrend. Despite a sharp rebound on 3 February with a 7.59% gain, the stock failed to sustain momentum and closed the week down 4.22%, underperforming the Sensex by 5.73 percentage points.

Technical indicators consistently pointed to weakening momentum, with bearish MACD, Bollinger Bands, and moving averages dominating the landscape. The Mojo Score downgrade to Sell and the absence of institutional interest further underscored the cautious market stance. While the stock’s long-term returns remain impressive, the current environment suggests a corrective phase amid sectoral headwinds and valuation concerns.

Investors should note the stock’s persistent trading below key moving averages and the technical signals warning of continued downside risk. The short-term rebound on 3 February may offer limited relief but does not negate the broader bearish trend.

Conclusion

Ajmera Realty & Infra India Ltd’s performance in the week ending 6 February 2026 reflects a challenging period characterised by technical weakness and fundamental pressures. The stock’s fall to a 52-week low, formation of a Death Cross, and subsequent volatile trading highlight the risks facing this small-cap realty firm amid a recovering broader market. Despite a brief intraday rally, the stock closed the week lower, signalling that bearish momentum remains entrenched.

Given the ongoing sectoral challenges and deteriorating technical indicators, the stock’s near-term outlook remains cautious. Investors should monitor upcoming financial results and sector developments closely to assess any potential shifts in trend or valuation. Until then, Ajmera Realty’s shares are likely to face headwinds, with the broader market’s gains contrasting its subdued performance.

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