Key Events This Week
09 Feb: Stock surges 7.53% to Rs.800.00 on strong momentum
10 Feb: Gains continue with 6.41% rise amid technical momentum shift
11 Feb: Quarterly results announced; stock dips 3.62% despite strong earnings
12 Feb: Technical indicators signal sideways trend; stock declines 0.42%
13 Feb: Week closes at Rs.799.95, down 2.09% on final session
09 February 2026: Strong Momentum Kickstarts the Week
Gandhi Special Tubes Ltd opened the week with a striking 7.53% gain, closing at Rs.800.00 on 9 February. This surge was accompanied by a 1.04% rise in the Sensex, which closed at 37,113.23. The stock’s volume was moderate at 626 shares, signalling early investor enthusiasm. This initial rally reflected a technical momentum shift, as the stock began recovering from its recent lows and showed signs of renewed buying interest.
10 February 2026: Continued Gains Amid Technical Momentum Shift
The positive momentum extended into 10 February, with Gandhi Special Tubes Ltd climbing another 6.41% to close at Rs.851.30. This marked the week’s highest close and represented a cumulative gain of 14.64% from the previous week’s close of Rs.744.00. The Sensex also advanced, albeit modestly by 0.25%, closing at 37,207.34. The technical momentum shift was highlighted by a downgrade in the stock’s technical grade from Hold to Sell, reflecting mixed signals despite the price appreciation. The stock’s market cap grade remained at 4, indicating a mid-tier valuation within its sector.
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11 February 2026: Strong Quarterly Results Tempered by Profit-Taking
On 11 February, Gandhi Special Tubes Ltd reported a strong quarterly upswing for the December 2025 quarter, with net sales reaching a record ₹48.44 crores and operating profit margins expanding to 46.02%. Profit After Tax surged 24.0% compared to the previous four quarters, signalling improved operational efficiency and robust demand. Despite these positive fundamentals, the stock declined 3.62% to close at Rs.820.45, reflecting some profit-taking and market volatility following the earnings announcement. The Sensex rose slightly by 0.13% to 37,256.72, underscoring the stock’s relative weakness on the day.
The company’s financial trend score improved from 5 to 9, and its Mojo Grade was upgraded from Sell to Hold with a Mojo Score of 57.0, indicating a cautiously optimistic outlook. However, the stock remained below its 52-week high of Rs.1,033.70, suggesting room for further recovery.
12 February 2026: Technical Momentum Shifts to Sideways Amid Mixed Signals
Following the earnings release, Gandhi Special Tubes Ltd experienced a technical momentum shift on 12 February, moving from mildly bullish to a sideways trend. The stock closed at Rs.817.00, down 0.42%, with intraday prices fluctuating between Rs.802.00 and Rs.833.50. The Sensex declined 0.56% to 37,049.40, reflecting broader market weakness.
Technical indicators presented a mixed picture: daily moving averages turned mildly bearish, weekly MACD remained bearish, but monthly RSI and Bollinger Bands stayed bullish. This divergence suggested a consolidation phase rather than a clear directional move. The stock’s Mojo Grade was downgraded back to Sell with a Mojo Score of 47.0, reflecting caution amid the mixed signals and subdued volume trends.
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13 February 2026: Week Closes with Minor Decline Amid Market Weakness
The final trading day of the week saw Gandhi Special Tubes Ltd close at Rs.799.95, down 2.09% from the previous session. The Sensex fell 1.40% to 36,532.48, reflecting broader market pressures. The stock’s volume was notably low at 49 shares, indicating subdued trading interest. Despite the decline, the stock ended the week with a strong 7.52% gain from the previous Friday’s close of Rs.744.00, significantly outperforming the Sensex’s 0.54% loss over the same period.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-09 | Rs.800.00 | +7.53% | 37,113.23 | +1.04% |
| 2026-02-10 | Rs.851.30 | +6.41% | 37,207.34 | +0.25% |
| 2026-02-11 | Rs.820.45 | -3.62% | 37,256.72 | +0.13% |
| 2026-02-12 | Rs.817.00 | -0.42% | 37,049.40 | -0.56% |
| 2026-02-13 | Rs.799.95 | -2.09% | 36,532.48 | -1.40% |
Key Takeaways
Positive Signals: Gandhi Special Tubes Ltd demonstrated strong relative performance, gaining 7.52% over the week while the Sensex declined 0.54%. The company’s record quarterly sales of ₹48.44 crores and operating margin expansion to 46.02% highlight operational strength. The upgrade in financial trend score from 5 to 9 and a brief Mojo Grade upgrade to Hold reflect improving fundamentals.
Cautionary Signals: Despite strong earnings, the stock faced profit-taking pressure, with declines in the latter half of the week. Technical indicators presented mixed signals, with weekly MACD and daily moving averages turning bearish, and the Mojo Grade reverting to Sell. Low trading volumes towards week-end suggest investor caution amid sectoral uncertainties.
Market Context: The iron and steel products sector remains cyclical, influenced by raw material costs and demand fluctuations. Gandhi Special Tubes Ltd’s sideways technical trend and mixed momentum indicators suggest a consolidation phase, requiring close monitoring of upcoming quarters and technical developments.
Conclusion
Gandhi Special Tubes Ltd’s week was marked by a strong start driven by technical momentum and record quarterly results, followed by a period of consolidation amid mixed technical signals and profit-taking. The stock’s 7.52% weekly gain significantly outpaced the Sensex’s decline, underscoring its resilience within the iron and steel sector. However, the downgrade back to a Sell Mojo Grade and bearish short-term indicators highlight the need for caution. Investors should watch for confirmation of sustained momentum in upcoming sessions, balancing the company’s improving fundamentals against sectoral volatility and technical uncertainty.
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