Intraday Trading Highlights
Eicher Motors Ltd opened the day with a gap-up of 3.23%, setting a positive tone for the trading session. The stock maintained its upward trajectory, touching a peak of Rs 7,229.3, which represents a 3.49% gain on the day. This intraday high was accompanied by a day change of 3.12%, underscoring sustained buying pressure. The stock’s performance today outpaced the Automobile Two & Three Wheelers sector, which gained 2.61%, and also surpassed the Sensex’s 2.67% rise.
Over the last two trading days, Eicher Motors has recorded consecutive gains, accumulating a return of 4.59%. This recent positive streak highlights a period of renewed strength for the stock within the automobile sector.
Technical Positioning and Moving Averages
From a technical standpoint, Eicher Motors is trading above its 5-day, 100-day, and 200-day moving averages, signalling short- and long-term support levels. However, it remains below its 20-day and 50-day moving averages, indicating some resistance in the medium term. This mixed moving average positioning suggests that while the stock has gained momentum recently, it is still navigating through intermediate-term technical hurdles.
Sector and Market Context
The broader automobile sector, particularly the Two & Three Wheelers segment, has shown strength with a 2.61% gain today. Eicher Motors’ outperformance relative to its sector peers by 0.51% highlights its relative strength within the industry.
Meanwhile, the Sensex opened sharply higher by 3,656.74 points but lost momentum to close at 83,848.25, down by 1,474.95 points or 2.67%. Despite this volatility, Eicher Motors managed to register a 2.86% gain versus the Sensex’s decline, further emphasising its resilience in a fluctuating market environment.
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Performance Metrics Over Various Timeframes
Examining Eicher Motors’ performance across multiple periods reveals a mixed but generally positive trend. The stock’s 1-day gain of 2.86% outstrips the Sensex’s 2.76% rise. Over one week, the stock posted a modest 0.33% increase compared to the Sensex’s 2.52% gain. The 1-month performance shows a slight decline of 2.04%, marginally better than the Sensex’s 2.15% drop.
Longer-term returns remain robust, with a 3-month gain of 2.35% versus the Sensex’s slight negative return of 0.07%. Over one year, Eicher Motors has delivered a substantial 31.33% return, significantly outperforming the Sensex’s 8.73%. The stock’s 3-year and 5-year performances are particularly strong, with gains of 116.64% and 146.20% respectively, well ahead of the Sensex’s 37.93% and 66.99%. Over a decade, Eicher Motors has appreciated by 328.34%, outpacing the Sensex’s 246.45% growth.
Mojo Score and Rating Update
On 11 Nov 2025, Eicher Motors Ltd’s Mojo Grade was upgraded from Hold to Buy, reflecting improved market sentiment and fundamental assessment. The stock currently holds a Mojo Score of 71.0, indicating a favourable outlook based on MarketsMOJO’s comprehensive evaluation. The Market Cap Grade stands at 1, denoting a strong market capitalisation profile within its sector.
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Market Dynamics and Broader Implications
Despite the Sensex’s retreat after a strong opening, mega-cap stocks have been leading the market, providing some support to the broader indices. Eicher Motors’ ability to buck the broader market trend and register gains highlights its relative strength and investor focus within the automobile sector.
The stock’s current trading levels above key moving averages suggest underlying support, while the gap-up opening and intraday high reinforce the presence of active demand. The automobile sector’s positive momentum today, with a 2.61% gain in the Two & Three Wheelers segment, further contextualises Eicher Motors’ performance as part of a broader sectoral upswing.
Summary of Trading Action
In summary, Eicher Motors Ltd’s strong intraday performance on 3 Feb 2026, marked by a 3.49% intraday high and a 3.12% day change, reflects robust market activity and sectoral tailwinds. The stock’s outperformance relative to both its sector and the Sensex, combined with its technical positioning and recent rating upgrade, underscores its current market standing.
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