Garuda Construction and Engineering Ltd Hits Intraday High with 7.04% Surge

Intraday Trading Highlights

On 9 Feb 2026, Garuda Construction and Engineering Ltd opened with a gap up of 2.01%, signalling early buying interest. The stock maintained upward momentum throughout the session, reaching a peak price of Rs 178.8, which represents a 7.13% gain intraday. This performance significantly outpaced the Sensex, which recorded a modest gain of 0.47% on the day, and the construction sector, where Garuda outperformed by 4.42%.

The day’s closing change stood at 7.04%, underscoring the strength of the rally. This surge marks a reversal in the stock’s short-term trend, as it gained after two consecutive days of decline, indicating renewed buying pressure.

Technical Positioning and Moving Averages

From a technical standpoint, Garuda’s price action remains above its 5-day, 20-day, and 200-day moving averages, suggesting short- and long-term support levels are intact. However, the stock continues to trade below its 50-day and 100-day moving averages, indicating some resistance in the medium term. This mixed technical picture reflects a stock in recovery mode but still facing hurdles to regain higher trend levels.

The intraday high of Rs 178.8 is a key level to watch, as it represents the strongest price point in recent sessions and may act as a reference for future trading activity.

Market Context and Sector Comparison

The broader market environment on 9 Feb 2026 was positive, with the Sensex opening at 84,177.51, up 597.11 points (0.71%), before settling at 83,976.09, a gain of 0.47%. The Sensex is currently trading 2.6% below its 52-week high of 86,159.02, and has recorded a 2.99% gain over the past three weeks. Mega-cap stocks led the market rally, contributing to the overall positive sentiment.

Within this context, Garuda Construction and Engineering Ltd’s 7.37% one-day gain notably outperformed the Sensex’s 0.47% rise, as well as the construction sector’s average performance. Over the past week, the stock has gained 13.27%, compared to the Sensex’s 2.83%, further highlighting its relative strength in recent trading sessions.

Performance Metrics Over Various Timeframes

Examining Garuda’s performance over multiple periods reveals a mixed but generally positive trend. The stock has delivered a 42.00% gain over the past year, significantly outperforming the Sensex’s 7.85% rise during the same period. However, year-to-date figures show a decline of 7.22%, slightly worse than the Sensex’s 1.46% fall.

Shorter-term gains are more pronounced, with a 13.27% increase over the last week and a 1.33% rise over the past month, compared to the Sensex’s 2.83% and 0.48% respectively. Conversely, the three-month performance shows a decline of 26.06%, contrasting with the Sensex’s modest 0.91% gain, indicating some volatility in recent quarters.

Longer-term data for three, five, and ten years is not available for Garuda, while the Sensex has recorded substantial gains of 38.10%, 63.60%, and 249.59% respectively over these periods.

Mojo Score and Rating Update

Garuda Construction and Engineering Ltd holds a Mojo Score of 62.0, categorised as a Hold grade. This represents a downgrade from its previous Buy rating, which was revised on 30 Jan 2026. The Market Cap Grade stands at 3, reflecting the company’s mid-tier market capitalisation within the construction sector.

The Hold rating suggests a cautious stance based on current fundamentals and technical indicators, despite the recent strong intraday performance.

Trading Activity and Market Sentiment

Trading volumes and price action on 9 Feb 2026 indicate active participation in Garuda’s shares, with the stock’s gap-up opening and sustained gains throughout the day pointing to positive momentum. The reversal after two days of decline may attract short-term traders looking to capitalise on the bounce.

While the broader market is supported by mega-cap strength, Garuda’s outperformance within the construction sector highlights its relative resilience amid sectoral fluctuations.

Summary of Key Data Points

Garuda Construction and Engineering Ltd’s intraday high of Rs 178.8 on 9 Feb 2026 represents a 7.13% gain, with a day change of 7.04%. The stock opened with a 2.01% gap up and outperformed the Sensex by 6.57 percentage points. Its Mojo Score of 62.0 and Hold rating reflect a balanced view amid recent volatility.

The stock’s position above short- and long-term moving averages but below medium-term averages suggests a transitional phase in its price trend. Market conditions remain broadly positive, with the Sensex on a three-week consecutive rise and mega-cap stocks leading gains.

Garuda’s recent performance metrics show strong yearly gains but mixed shorter-term results, highlighting the importance of monitoring ongoing price action and sector developments.

Conclusion

Garuda Construction and Engineering Ltd’s strong intraday performance on 9 Feb 2026, marked by a 7.13% surge to Rs 178.8, underscores a significant rebound within the construction sector. The stock’s ability to outperform both its sector and the broader market amid positive market conditions reflects a notable shift in trading dynamics. While technical indicators present a mixed picture, the day’s trading action highlights renewed momentum and a potential base for further price stability.

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