Diamond Power Infrastructure Ltd Hits Intraday High with 9.14% Surge

Intraday Trading Highlights

The stock opened with a gap up of 6.41%, signalling strong buying interest from the outset. Throughout the trading session, Diamond Power Infrastructure Ltd maintained upward momentum, eventually touching its intraday peak at Rs 130.2. This represented a day change of 9.14%, outperforming the Other Electrical Equipment sector by 4.31% and the Sensex benchmark by a substantial margin.

Notably, the stock’s performance today marked a reversal in trend, as it gained after four consecutive days of declines. This shift in direction was accompanied by a positive trading environment within the sector, where the cable segment advanced by 5.21%.

Technical Positioning and Moving Averages

From a technical perspective, Diamond Power Infrastructure Ltd’s price currently trades above its 5-day moving average, indicating short-term strength. However, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that the stock is still navigating longer-term resistance levels. This mixed technical picture highlights the stock’s current phase of consolidation amid recent volatility.

Market Context and Sector Performance

The broader market environment on 3 Feb 2026 was characterised by a loss of momentum in the Sensex after an initial gap up opening. The index opened 3,656.74 points higher but subsequently declined by 1,474.95 points, settling at 83,848.25, down 2.67% for the day. Despite this, mega-cap stocks led the market, and the Sensex remained within 2.76% of its 52-week high of 86,159.02.

Within this context, Diamond Power Infrastructure Ltd’s strong intraday gain stands out, especially given the sector’s positive performance. The Other Electrical Equipment sector’s cable segment gained 5.21%, underscoring selective strength in the industry despite broader market pressures.

Performance Metrics Relative to Benchmarks

Examining the stock’s recent performance relative to the Sensex provides further insight. Over the past day, Diamond Power Infrastructure Ltd gained 8.34%, significantly outperforming the Sensex’s 2.76% rise. Over the last week, the stock advanced 5.00%, again exceeding the Sensex’s 2.52% gain.

However, longer-term comparisons reveal a more nuanced picture. Over one month, the stock declined by 5.28%, compared to the Sensex’s 2.15% fall. The three-month performance shows a sharper drop of 16.04% for the stock versus a marginal 0.07% decline in the Sensex. Year-to-date, the stock is down 6.31%, while the Sensex has decreased by 1.52%.

Despite these recent setbacks, the stock’s one-year performance remains strong, with a gain of 33.59% compared to the Sensex’s 8.73%. Over five and ten years, Diamond Power Infrastructure Ltd has delivered exceptional returns of 103,300.00% and 3,646.38% respectively, far outpacing the Sensex’s 66.99% and 246.45% gains over the same periods.

Mojo Score and Grade Update

Diamond Power Infrastructure Ltd currently holds a Mojo Score of 29.0, categorised as a Strong Sell. This represents a downgrade from its previous Sell grade, effective from 13 Jan 2026. The company’s market capitalisation grade stands at 3, reflecting its relative size within the market.

These ratings provide a comprehensive assessment of the stock’s current standing based on quantitative and qualitative factors, including price trends, financial metrics, and market positioning.

Summary of Trading Action

In summary, Diamond Power Infrastructure Ltd’s strong intraday surge to Rs 130.2 on 3 Feb 2026 reflects a notable shift in trading dynamics. The stock’s gap up opening and subsequent outperformance relative to sector and market indices highlight a day of active buying and positive momentum. While the stock remains below several longer-term moving averages, today’s price action signals a potential short-term recovery after a period of decline.

The broader market’s mixed performance, with the Sensex retreating after an initial rally, contrasts with the stock’s strength, underscoring its relative resilience within the Other Electrical Equipment sector. Investors and market participants will likely continue to monitor the stock’s technical levels and sector trends for further developments.

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