Exide Industries Ltd Hits Intraday High with 5.18% Surge on 4 February 2026

Intraday Trading Highlights

On 4 Feb 2026, Exide Industries Ltd (Stock ID: 639617), a key player in the Auto Components & Equipments sector, recorded a significant intraday rally. The stock touched an intraday peak of Rs 345.4, representing a 5.32% rise from its previous close. This advance translated into a day change of 5.18%, substantially outperforming the Sensex, which declined marginally by 0.08% during the same session.

The stock’s performance also outpaced the Batteries sector, which gained 2.78%, and exceeded the sector’s average by 2.45%. This marks the third consecutive day of gains for Exide Industries Ltd, accumulating an 8.74% return over this period, underscoring sustained buying interest and positive price momentum.

Technical Positioning and Moving Averages

From a technical perspective, Exide Industries Ltd’s current price level is above its 5-day and 20-day moving averages, indicating short-term strength. However, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting that medium- and long-term trends have yet to fully align with the recent upward momentum. This mixed technical picture highlights the stock’s ongoing recovery phase within a broader context of historical price levels.

Market Context and Sector Activity

The broader market environment on 4 Feb 2026 was characterised by a cautious mood. The Sensex opened lower at 83,252.06, down 487.07 points (-0.58%), and despite some recovery, it remained slightly negative at 83,671.42 (-0.08%) during the day. The index is currently trading 2.97% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, indicating a complex but potentially stabilising market trend.

Within this environment, the Auto Components & Equipments sector, particularly the Batteries segment, showed relative strength. The sector’s 2.78% gain contrasts with the broader market’s subdued performance, highlighting sector-specific factors supporting stocks like Exide Industries Ltd.

Performance Comparison Over Various Timeframes

Examining Exide Industries Ltd’s performance relative to the Sensex over multiple periods reveals a mixed trend. The stock outperformed the Sensex over the past week, gaining 7.41% compared to the index’s 1.61%. However, over the last month and three months, the stock underperformed, declining by 6.24% and 9.13% respectively, while the Sensex posted smaller losses or modest gains.

Year-to-date, Exide Industries Ltd has declined 4.79%, lagging the Sensex’s 1.82% fall. Over the longer term, the stock has delivered substantial gains, with a three-year return of 91.27% versus the Sensex’s 37.52%, and a five-year return of 69.59% compared to the Sensex’s 65.31%. Over a decade, however, the Sensex’s 243.77% gain outpaces Exide’s 183.44%, reflecting broader market trends and sectoral shifts.

Mojo Score and Rating Update

Exide Industries Ltd currently holds a Mojo Score of 41.0, categorised as a Sell rating. This represents an improvement from its previous Strong Sell grade, which was updated on 22 Dec 2025. The company’s Market Cap Grade stands at 2, indicating a relatively modest market capitalisation within its sector. These metrics provide a quantitative snapshot of the stock’s current standing within the MarketsMOJO framework.

Summary of Trading Action and Market Position

Exide Industries Ltd’s strong intraday surge on 4 Feb 2026 reflects a notable shift in trading dynamics within the Auto Components & Equipments sector. The stock’s ability to outperform both its sector and the broader market indices amid a cautious market environment highlights its current momentum. The three-day consecutive gains and the crossing above short-term moving averages indicate positive technical signals, although longer-term averages remain a resistance point.

While the broader market and Sensex show signs of volatility and consolidation, Exide Industries Ltd’s relative strength in the Batteries segment underscores sector-specific factors influencing investor behaviour and price action. The company’s recent upgrade from Strong Sell to Sell rating and its current Mojo Score provide additional context to its market standing.

Overall, the stock’s performance on this trading day marks a significant intraday high and a continuation of recent positive trends, supported by sector gains and technical developments.

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