Key Events This Week
Feb 9: Stock opens at Rs.498.80, down 2.21% amid broader market gains
Feb 10: Sharp rebound with 7.23% gain to Rs.534.85 following positive sentiment
Feb 12: Upgrade to Hold rating announced, stock rises 2.76% to Rs.553.85
Feb 13: Q3 results disappoint, stock falls 4.13% to Rs.531.00
Monday, 9 February 2026: Weak Start Amid Market Strength
DHP India began the week on a subdued note, closing at Rs.498.80, down 2.21% from the previous Friday’s close of Rs.510.05. This decline contrasted with the Sensex’s 1.04% gain to 37,113.23, signalling initial investor caution. The stock’s volume was moderate at 1,170 shares, reflecting a tentative market mood despite broader positive momentum.
Tuesday, 10 February 2026: Strong Rebound on Positive Sentiment
The stock rebounded sharply, gaining 7.23% to close at Rs.534.85, outperforming the Sensex’s modest 0.25% rise to 37,207.34. This surge was supported by increased volume of 1,334 shares, indicating renewed buying interest. The recovery helped the stock recoup losses from the previous day and set a bullish tone ahead of key corporate announcements.
Wednesday, 11 February 2026: Steady Gains Ahead of Upgrade
DHP India continued its upward trajectory, adding 0.77% to close at Rs.538.95 on relatively low volume of 249 shares. The Sensex also advanced slightly by 0.13% to 37,256.72. This steady performance preceded the announcement of a significant rating upgrade, which would influence investor sentiment in the following sessions.
Our latest monthly pick, this Large Cap from Aluminium & Aluminium Products, is outperforming the market! See the analysis that helped our Investment Committee select this winner.
- - Market-beating performance
- - Committee-backed winner
- - Aluminium & Aluminium Products standout
Thursday, 12 February 2026: Upgrade to Hold Spurs Gains
MarketsMOJO upgraded DHP India Ltd. from 'Sell' to 'Hold' on 11 February 2026, citing improvements in company quality, valuation, financial trends, and technical indicators. This upgrade was reflected in the stock’s 2.76% gain to Rs.553.85 on 12 February, despite the Sensex declining 0.56% to 37,049.40. The upgrade highlighted the company’s strong return on equity of 17.76%, a debt-free balance sheet, and positive quarterly earnings trends, although concerns about long-term growth persisted.
The technical outlook shifted from bearish to mildly bearish, with mixed signals from MACD, RSI, and Bollinger Bands. The stock’s valuation at a price-to-book ratio of 0.7 suggested undervaluation relative to peers, supporting the cautious optimism embedded in the Hold rating.
Friday, 13 February 2026: Q3 Results Trigger Profit-Taking
On 13 February, DHP India reported Q3 FY26 results that revealed a profit plunge amid revenue contraction, raising concerns among investors. The stock reacted negatively, falling 4.13% to close at Rs.531.00 on volume of 960 shares. This decline outpaced the Sensex’s 1.40% drop to 36,532.48, reflecting heightened sensitivity to the disappointing earnings update.
Despite the setback, the stock ended the week with a 4.11% gain from the previous Friday’s close, outperforming the Sensex’s 0.54% loss. The mixed signals from the upgrade and quarterly results underscore a complex outlook for DHP India in the near term.
Holding DHP India Ltd. from ? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Weekly Price Performance: DHP India vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-09 | Rs.498.80 | -2.21% | 37,113.23 | +1.04% |
| 2026-02-10 | Rs.534.85 | +7.23% | 37,207.34 | +0.25% |
| 2026-02-11 | Rs.538.95 | +0.77% | 37,256.72 | +0.13% |
| 2026-02-12 | Rs.553.85 | +2.76% | 37,049.40 | -0.56% |
| 2026-02-13 | Rs.531.00 | -4.13% | 36,532.48 | -1.40% |
Key Takeaways
Positive Signals: The upgrade to a Hold rating by MarketsMOJO reflects improved company fundamentals, including a strong return on equity of 17.76%, a debt-free balance sheet, and positive quarterly earnings trends. The stock’s valuation at a price-to-book ratio of 0.7 indicates it is trading at a discount relative to peers, suggesting potential value for investors.
Cautionary Notes: Despite recent improvements, DHP India’s long-term growth remains a concern with a negative operating profit trend over five years. The Q3 FY26 results revealed a profit plunge amid revenue contraction, which triggered a sharp decline in the stock price on the final trading day of the week. Technical indicators remain mixed, with some bearish momentum persisting.
Conclusion
DHP India Ltd.’s performance this week was characterised by a strong rebound following a cautious start, buoyed by a rating upgrade that acknowledged improvements in quality and valuation. However, the disappointing quarterly results on Friday tempered gains and highlighted ongoing challenges in sustaining growth. The stock’s 4.11% weekly gain outpaced the Sensex’s 0.54% decline, underscoring relative strength amid a volatile market environment.
Investors should weigh the positive signals from the upgrade and valuation against the cautionary profit contraction and mixed technical outlook. The Hold rating reflects this balanced view, suggesting that while the company shows signs of stabilisation, further clarity on earnings consistency and growth trajectory will be critical in the coming weeks.
Unlock special upgrade rates for a limited period. Start Saving Now →
