Price Momentum and Recent Performance
The stock closed at ₹740.05 on 4 Feb 2026, marking a 5.00% increase from the previous close of ₹704.80. This intraday high matched the closing price, with a low of ₹723.95, indicating a firm upward move during the session. However, when viewed over longer periods, Gandhi Special Tubes Ltd’s returns present a mixed picture. While the stock outperformed the Sensex over one week (+5.38% vs +2.30%), it underperformed over one month (-7.23% vs -2.36%) and year-to-date (-3.71% vs -1.74%). Over one year, the stock’s return was a modest +0.30%, lagging the Sensex’s robust +8.49% gain.
Longer-term returns remain impressive, with a three-year gain of 55.41% compared to the Sensex’s 37.63%, and a five-year return of 175.62% dwarfing the benchmark’s 66.63%. Over a decade, Gandhi Special Tubes Ltd’s 241.19% return closely tracks the Sensex’s 245.70%, underscoring the company’s sustained growth potential despite recent volatility.
Technical Indicator Analysis: A Nuanced Outlook
The technical landscape for Gandhi Special Tubes Ltd is characterised by a transition from a bearish to a mildly bearish trend, reflecting a cautious market stance. The Moving Average Convergence Divergence (MACD) indicator remains bearish on the weekly timeframe, signalling continued downward momentum in the short term. However, the monthly MACD has softened to mildly bearish, suggesting a potential easing of selling pressure over the medium term.
The Relative Strength Index (RSI) presents a contrasting view. While the weekly RSI offers no clear signal, the monthly RSI is bullish, indicating underlying strength and potential for upward price movement in the coming months. This divergence between weekly and monthly RSI readings highlights the stock’s current consolidation phase, where short-term fluctuations mask longer-term strength.
Bollinger Bands on both weekly and monthly charts are mildly bearish, reflecting price volatility and a tendency towards lower price levels within the band range. The daily moving averages reinforce a bearish outlook, with the stock trading below key averages, signalling resistance to upward momentum in the near term.
The Know Sure Thing (KST) indicator adds further complexity. It remains bearish on the weekly scale but turns bullish monthly, mirroring the mixed signals seen in MACD and RSI. Dow Theory assessments align with this pattern, showing a mildly bearish weekly trend and no definitive trend on the monthly timeframe.
On-Balance Volume (OBV) analysis shows no clear trend weekly but mildly bearish conditions monthly, suggesting that volume flow is not strongly supporting price advances at present.
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Mojo Score and Grade Implications
Gandhi Special Tubes Ltd’s current Mojo Score stands at 35.0, placing it firmly in the Sell category. This represents a downgrade from its previous Hold rating, effective from 29 Dec 2025. The downgrade reflects the accumulation of bearish technical signals and the stock’s inability to sustain recent gains over longer periods. The company’s Market Cap Grade is 4, indicating a micro-cap status that often entails higher volatility and risk.
Investors should note that the downgrade is consistent with the technical trend shift from bearish to mildly bearish, signalling caution. The mixed technical signals suggest that while short-term rallies may occur, the overall momentum remains fragile, and downside risks persist.
Comparative Sector and Market Context
Operating within the Iron & Steel Products sector, Gandhi Special Tubes Ltd faces sectoral headwinds amid fluctuating commodity prices and global demand uncertainties. The stock’s recent underperformance relative to the Sensex over one month and year-to-date periods underscores these challenges. However, its long-term outperformance over three and five years highlights the company’s resilience and potential for recovery should sector conditions improve.
Technical indicators such as the monthly RSI and KST bullish signals offer some optimism for medium-term investors, suggesting that the stock may be entering a phase of consolidation before a possible uptrend. Nonetheless, the prevailing bearish daily moving averages and weekly MACD caution against aggressive positioning at this stage.
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Investor Takeaways and Outlook
For investors considering Gandhi Special Tubes Ltd, the current technical and fundamental landscape advises prudence. The stock’s recent price momentum has been positive in the very short term, but the broader technical indicators reveal a cautious environment with mixed signals. The downgrade to a Sell rating by MarketsMOJO reflects these concerns, emphasising the need for careful risk management.
Long-term investors may find value in the company’s strong historical returns and sector positioning, but should remain vigilant to sectoral developments and technical confirmations of trend reversals. The mildly bullish monthly RSI and KST indicators could herald a stabilisation phase, but confirmation through improved volume and moving average trends is essential before considering accumulation.
In summary, Gandhi Special Tubes Ltd currently navigates a complex technical terrain with short-term volatility and medium-term potential. Investors are advised to monitor key technical levels closely and consider alternative opportunities within the Iron & Steel Products sector that may offer more favourable risk-reward profiles.
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