Deep Industries Ltd Hits Intraday High with 7.73% Surge on 4 Feb 2026

Intraday Trading Highlights

On 4 Feb 2026, Deep Industries Ltd’s stock price reached an intraday peak of Rs 411.25, reflecting a 6.97% rise from its previous close. The stock closed the day with an impressive 7.73% gain, significantly outperforming the Oil sector, which saw a comparatively muted movement. This strong intraday momentum was accompanied by the stock maintaining levels above its 5-day and 20-day moving averages, signalling short-term strength. However, it remained below its longer-term moving averages of 50-day, 100-day, and 200-day, indicating that while the immediate trend is positive, the stock has yet to break through longer-term resistance levels.

Comparative Market Context

The broader market environment on the day was less favourable. The Sensex opened lower at 83,252.06, down 487.07 points or 0.58%, and despite some recovery, it closed at 83,548.40, still down 0.23%. The index remains 3.12% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, suggesting a mixed technical backdrop for the market overall.

Recent Performance Trends

Deep Industries Ltd has recorded consecutive gains over the last two trading sessions, accumulating a 13.21% return during this period. This recent uptick contrasts with the Sensex’s more modest 1.46% gain over the past week. Over longer time frames, the stock’s performance has been more varied. It has declined by 8.33% over the past month and 16.13% over three months, while the Sensex posted gains of 0.11% over the same quarter. Year-to-date, Deep Industries Ltd is down 9.55%, underperforming the Sensex’s 1.96% decline. Over a one-year horizon, the stock has fallen 23.18%, whereas the Sensex has gained 6.32%. Despite these recent setbacks, the stock’s three-year performance remains strong, with a 185.27% increase compared to the Sensex’s 37.32% rise.

Mojo Score and Rating Update

Deep Industries Ltd currently holds a Mojo Score of 37.0, categorised under a 'Sell' grade as of 10 Nov 2025, following a downgrade from a previous 'Hold' rating. The company’s market capitalisation grade stands at 3, reflecting its relative size within the Oil sector. This rating adjustment and score provide context to the stock’s recent trading behaviour and investor sentiment.

Sector and Industry Positioning

Operating within the Oil industry and sector, Deep Industries Ltd’s recent outperformance relative to its peers is notable. The stock’s 7.73% day gain and 4.67% outperformance over the sector on the day highlight a divergence from broader sector trends. This intraday strength is particularly significant given the Oil sector’s typically volatile nature and sensitivity to global commodity price movements.

Technical Indicators and Moving Averages

The stock’s position above its 5-day and 20-day moving averages suggests positive short-term momentum. However, its trading below the 50-day, 100-day, and 200-day moving averages indicates that the stock has not yet established a sustained upward trend over the medium to long term. These technical levels often serve as resistance points, and the stock’s ability to surpass them in coming sessions will be critical for confirming a broader recovery.

Volatility and Trading Action

Deep Industries Ltd’s price action on 4 Feb 2026 was marked by strong intraday volatility, with the stock touching a high of Rs 411.25, representing a 6.97% increase from the previous close. The day’s 7.73% gain underscores active trading interest and a willingness among market participants to push the price higher despite a broadly weaker market environment. This trading behaviour reflects a focused demand for the stock during the session, contributing to its outperformance relative to both the sector and the Sensex.

Summary of Relative Performance

When compared to the Sensex, Deep Industries Ltd’s intraday and short-term performance stands out. The stock’s 8.30% gain on the day contrasts with the Sensex’s 0.23% decline. Over one week, the stock’s 12.69% return far exceeds the Sensex’s 1.46% gain. However, over longer periods such as one month, three months, and one year, the stock has underperformed the benchmark index. This mixed performance profile highlights the stock’s recent resurgence amid a backdrop of broader challenges over extended time frames.

Market Capitalisation and Quality Grades

Deep Industries Ltd’s market capitalisation grade of 3 places it in a mid-tier category within its sector. The Mojo Grade downgrade to 'Sell' reflects a reassessment of the company’s outlook and risk profile as of November 2025. These metrics provide a framework for understanding the stock’s valuation and risk considerations as reflected in its trading patterns.

Conclusion

Deep Industries Ltd’s strong intraday performance on 4 Feb 2026, marked by a 7.73% gain and an intraday high of Rs 411.25, underscores a notable shift in trading dynamics. The stock’s ability to outperform both its sector and the broader market amidst a declining Sensex highlights focused buying interest and short-term momentum. While technical indicators suggest room for further gains if longer-term moving averages are breached, the current rally represents a significant development in the stock’s recent trading narrative.

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