D.P. Abhushan Ltd Hits Intraday Low Amidst Significant Price Pressure

Intraday Performance and Price Movement

D.P. Abhushan Ltd’s stock price fell by 7.22% on 29 Jan 2026, significantly underperforming the Sensex, which declined by 0.36% on the same day. The stock hit its new 52-week low at Rs 1191.4, marking an intraday drop of 8.27% from its previous close. This decline extended the stock’s losing streak to four consecutive sessions, during which it has shed 17.71% of its value.

The downward momentum was evident as the stock traded below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests persistent bearish sentiment among traders and investors.

Comparative Sector and Market Context

Within the Gems, Jewellery And Watches sector, D.P. Abhushan Ltd underperformed by 5.69% relative to its peers today. While some indices such as NIFTY PSE, NIFTY CPSE, and NIFTY METAL reached new 52-week highs, the broader market sentiment was subdued. The Sensex opened flat but later declined by 313.21 points, or 0.35%, closing at 82,055.75. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating mixed technical signals for the broader market.

Recent Performance Trends

The stock’s recent performance highlights a sustained period of weakness. Over the past week, D.P. Abhushan Ltd has declined by 17.71%, compared to a marginal 0.32% drop in the Sensex. The one-month and three-month returns stand at -15.62% and -12.01% respectively, both significantly lagging the Sensex’s corresponding declines of -3.13% and -3.47%. Year-to-date, the stock has lost 15.06%, while the Sensex has fallen by 3.72%.

Over longer time horizons, the stock’s performance remains subdued. The one-year return is -26.30%, contrasting with the Sensex’s positive 7.20% gain. Over three, five, and ten years, D.P. Abhushan Ltd has shown no appreciable gains, while the Sensex has delivered robust returns of 38.29%, 77.26%, and 229.89% respectively.

Market Capitalisation and Rating Update

D.P. Abhushan Ltd holds a market capitalisation grade of 3, reflecting its mid-tier size within the sector. The company’s Mojo Score currently stands at 48.0, with a Mojo Grade of Sell, a downgrade from Hold as of 28 Jan 2026. This rating revision underscores the recent deterioration in the stock’s technical and fundamental outlook.

Technical Indicators and Moving Averages

The stock’s position below all major moving averages signals continued downward pressure. Trading below the 5-day and 20-day averages indicates short-term weakness, while being under the 50-day, 100-day, and 200-day averages suggests a longer-term bearish trend. This technical setup often deters momentum-driven buying and can lead to further selling if not reversed.

Market Sentiment and Immediate Pressures

The broader market environment today was characterised by cautious sentiment, with the Sensex retreating after a flat start. Despite some sectoral indices reaching new highs, the Gems, Jewellery And Watches sector faced headwinds, reflected in D.P. Abhushan Ltd’s underperformance. The stock’s sharp intraday decline and breach of its 52-week low indicate that selling interest remains elevated.

Investors appear to be responding to the stock’s recent negative momentum and the downgrade in its Mojo Grade. The lack of support at key technical levels has likely contributed to the accelerated price fall. This environment has created immediate price pressure, with the stock’s intraday low of Rs 1191.4 representing a critical level for market participants.

Summary of Key Metrics

To summarise, D.P. Abhushan Ltd’s performance on 29 Jan 2026 was marked by:

• A 7.22% decline in share price, reaching an intraday low of Rs 1191.4


• Underperformance relative to the Sensex by 6.86 percentage points


• Four consecutive days of losses, cumulatively down 17.71%


• Trading below all major moving averages, signalling sustained bearish momentum


• A recent downgrade from Hold to Sell in its Mojo Grade

These factors collectively illustrate the immediate pressures weighing on the stock and the cautious stance prevailing among market participants.

Broader Market Technical Context

While the Sensex remains below its 50-day moving average, the 50DMA’s position above the 200DMA suggests that the broader market is in a phase of consolidation rather than outright decline. However, D.P. Abhushan Ltd’s sharper fall relative to the benchmark highlights sector-specific and stock-specific challenges that have intensified selling pressure today.

Conclusion

D.P. Abhushan Ltd’s intraday low and significant price decline on 29 Jan 2026 reflect a continuation of recent negative trends. The stock’s technical positioning, combined with a downgrade in its rating and underperformance relative to both the sector and the broader market, has contributed to heightened price pressure. Market sentiment remains cautious, with the stock’s breach of its 52-week low underscoring the challenges it faces in the current trading environment.

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