Garnet Construction Ltd Hits New 52-Week High at Rs.82

Stock Performance and Recent Momentum

On 6 February 2026, Garnet Construction Ltd reached an intraday high of Rs.82, representing a 9.45% increase from its opening levels. The stock closed with a day change of 4.98%, significantly outperforming the Realty sector by 4.63%. This marks the third consecutive day of gains, during which the stock has appreciated by 13.06%, underscoring sustained buying interest and positive price action.

The stock exhibited notable volatility today, with an intraday price range between Rs.73.2 and Rs.82, resulting in a weighted average price volatility of 5.67%. Despite this fluctuation, the upward trend remained intact, supported by the stock trading above all key moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day averages – signalling strong technical momentum.

Comparative Market Context

While Garnet Construction Ltd surged, the broader market showed a more subdued performance. The Sensex opened flat and traded slightly lower by 0.12%, standing at 83,212.55 points, approximately 3.54% below its own 52-week high of 86,159.02. Notably, the Sensex was trading below its 50-day moving average, although the 50-day average remained above the 200-day average, indicating a mixed technical backdrop for the broader market.

In stark contrast, Garnet Construction Ltd’s one-year performance has been exceptional, delivering a remarkable 162.17% return compared to the Sensex’s modest 6.60% gain over the same period. This substantial outperformance highlights the stock’s strong relative strength within the Realty sector and the broader market.

Valuation and Quality Metrics

Garnet Construction Ltd currently holds a Mojo Score of 66.0, categorised as a 'Hold' grade following a downgrade from 'Buy' on 17 November 2025. The company’s market capitalisation grade stands at 4, reflecting its mid-tier valuation within the Realty sector. These metrics provide a balanced view of the stock’s quality and valuation, indicating steady fundamentals amid the recent price rally.

The stock’s 52-week low was Rs.21.6, illustrating a substantial recovery and growth trajectory over the past year. The current price level of Rs.82 represents nearly a fourfold increase from that low, underscoring the strength of the rally and investor confidence in the company’s business prospects.

Sector and Industry Positioning

Operating within the Realty industry and sector, Garnet Construction Ltd’s recent price action has outpaced many of its peers. The stock’s ability to maintain gains above all major moving averages suggests robust underlying demand and positive market sentiment towards the company’s strategic positioning. This performance is particularly notable given the broader market’s cautious tone and the Sensex’s proximity to its own 52-week high.

Technical Indicators and Trading Activity

The stock’s trading above all key moving averages is a strong technical signal. The 5-day moving average has been steadily rising, supported by the 20-day and 50-day averages, which are also trending upwards. This alignment across short, medium, and long-term averages indicates a sustained bullish trend.

Intraday volatility of 5.67% reflects active trading interest and dynamic price movements, which have not deterred the stock from closing near its peak levels. The day’s low of Rs.73.2 and high of Rs.82 demonstrate a wide trading range, yet the stock’s ability to close near the high end of this range highlights resilience and buying strength.

Summary of Key Metrics

To summarise, Garnet Construction Ltd’s key data points as of 6 February 2026 are:

• New 52-week high: Rs.82
• Day change: +4.98%
• Consecutive gains over 3 days: +13.06%
• Intraday volatility: 5.67%
• Mojo Score: 66.0 (Hold grade)
• Market Cap Grade: 4
• One-year return: 162.17%
• Sensex one-year return: 6.60%

These figures collectively illustrate a stock that has demonstrated remarkable strength and momentum within the Realty sector and the broader market environment.

Conclusion

Garnet Construction Ltd’s achievement of a new 52-week high at Rs.82 marks a significant milestone in its market journey. Supported by strong technical indicators, robust relative performance, and sustained gains over recent sessions, the stock has established itself as a notable performer in the Realty sector. While the broader market has shown mixed signals, Garnet Construction Ltd’s price action reflects a clear upward trajectory and resilience amid volatility.

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