Bhagyanagar India Ltd Stock Hits All-Time High at Rs.192

Stock Performance and Market Context

On 30 Jan 2026, Bhagyanagar India Ltd’s stock opened with a gap up of 3.9%, touching an intraday high of Rs.192, marking its highest price ever recorded. Despite a volatile trading session with an intraday price range between Rs.175.6 and Rs.192, the stock demonstrated resilience by maintaining levels above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical strength underscores the stock’s upward momentum in the short to long term.

However, the stock experienced a slight pullback of 1.54% by the close, underperforming the Sensex’s decline of 0.55% on the same day. This followed three consecutive days of gains, indicating a brief trend reversal amid high volatility, with an intraday volatility measure of 224.11% based on the weighted average price.

Bhagyanagar India Ltd’s recent performance has been impressive relative to broader market indices. Over the past week, the stock surged by 13.93%, significantly outperforming the Sensex’s modest 0.70% gain. Its one-month return stands at 7.79%, contrasting with the Sensex’s 3.03% decline. The company’s three-month performance is even more notable, with a 28.60% increase against the Sensex’s 2.72% fall.

Long-Term Growth and Financial Metrics

Bhagyanagar India Ltd’s long-term growth story is compelling. Over the past year, the stock has delivered a remarkable 111.59% return, vastly outpacing the Sensex’s 6.97% rise. Extending the horizon, the company’s three-year and five-year returns stand at 266.47% and 485.05%, respectively, dwarfing the Sensex’s corresponding gains of 38.00% and 77.40%. Over a decade, the stock has appreciated by an extraordinary 812.03%, compared to the Sensex’s 230.14% increase.

This sustained appreciation is supported by strong fundamentals. Net sales have grown at an annual rate of 26.54%, while operating profit has expanded at an even more robust 47.77% rate. The company’s net profit growth is particularly striking, having increased by 202.14%, with very positive quarterly results declared in September 2025. Bhagyanagar India Ltd has reported positive results for four consecutive quarters, highlighting consistent operational strength.

Profitability and Valuation Insights

The company’s quarterly operating profit to interest ratio reached a peak of 2.84 times, indicating a strong capacity to cover interest expenses from operating earnings. The PBDIT for the quarter hit a high of Rs.25.21 crores, while the PAT reached Rs.11.27 crores, both representing record quarterly figures.

Bhagyanagar India Ltd’s return on capital employed (ROCE) stands at 9.5%, reflecting a fair valuation relative to its capital base. The enterprise value to capital employed ratio is 1.6, suggesting the stock is trading at a discount compared to its peers’ average historical valuations. This valuation is supported by a PEG ratio of 0.1, underscoring the company’s attractive growth relative to its price earnings multiple.

Market Capitalisation and Mojo Ratings

The company holds a Market Cap Grade of 4, indicating a mid-sized market capitalisation within its sector. Its Mojo Score is 74.0, with a recent upgrade in Mojo Grade from Hold to Buy on 13 Oct 2025, reflecting improved market sentiment and fundamental strength as assessed by MarketsMOJO’s proprietary analysis.

Comparative Performance Against Benchmarks

Bhagyanagar India Ltd has consistently outperformed the BSE500 index over multiple time frames, including the last three years, one year, and three months. This market-beating performance highlights the company’s ability to generate superior returns relative to a broad market benchmark, reinforcing its position as a strong performer within the Non-Ferrous Metals sector.

Debt and Capital Structure Considerations

Despite the strong growth and profitability, Bhagyanagar India Ltd exhibits a relatively high Debt to EBITDA ratio of 5.70 times, indicating a considerable level of leverage. This suggests a lower ability to service debt comfortably from earnings before interest, taxes, depreciation, and amortisation. The company’s average return on capital employed over time is 7.79%, which points to moderate profitability per unit of total capital invested, including both equity and debt.

Promoter Shareholding Trends

Promoter confidence has shown some decline, with promoters reducing their stake by 5.44% over the previous quarter. Currently, promoters hold 65.12% of the company’s equity. While still a majority, this reduction may indicate a cautious stance by the promoters regarding their exposure to the company’s equity.

Summary of Bhagyanagar India Ltd’s Milestone Achievement

Bhagyanagar India Ltd’s attainment of an all-time high stock price of Rs.192 is a testament to its sustained financial growth, strong quarterly results, and consistent outperformance relative to market benchmarks. The company’s robust sales and profit growth, coupled with favourable valuation metrics and technical strength, have propelled the stock to new heights. While certain financial leverage and promoter shareholding trends warrant attention, the overall performance narrative remains positive and noteworthy within the Non-Ferrous Metals sector.

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