Garware Hi Tech Films Ltd Hits Intraday High with 20% Surge on 3 Feb 2026

Intraday Trading Highlights

On the day, Garware Hi Tech Films Ltd opened at Rs 3,905.2, marking a 20.0% gain from its previous close. The stock sustained this price without any range fluctuation, indicating strong buying interest and immediate acceptance at the higher level. This performance stands out in the Plastic Products - Industrial sector, where the packaging segment gained 9.07% on the same day.

The stock’s intraday high of Rs 3,905.2 represents a substantial premium over its moving averages, trading above the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning underscores the strength of the current rally and the momentum behind the stock’s price action.

Comparative Market Context

While Garware Hi Tech Films Ltd surged by 20.0%, the Sensex index experienced a more volatile session. After opening with a gap up of 3,656.74 points, the Sensex retreated by 1,377.93 points to close at 83,945.27, down 2.79% on the day. Despite this pullback, the Sensex remains close to its 52-week high of 86,159.02, just 2.64% away.

The broader market’s mixed performance contrasts with Garware Hi Tech’s strong intraday gains, highlighting the stock’s relative strength. Mega-cap stocks led the market rally, while Garware Hi Tech Films Ltd, a mid-cap entity with a market cap grade of 3, outperformed significantly within its sector and against the benchmark.

Recent Performance Trends

Garware Hi Tech Films Ltd has been on a positive trajectory over recent sessions. The stock has gained for two consecutive days, delivering a cumulative return of 32.09% during this period. Over the past week, the stock’s performance stands at 31.45%, markedly higher than the Sensex’s 2.52% gain. The one-month return of 23.35% further emphasises the stock’s outperformance, especially when compared to the Sensex’s decline of 2.15% over the same timeframe.

Longer-term trends also reflect strong gains, with the stock delivering 17.56% returns over one year versus the Sensex’s 8.72%. Year-to-date, Garware Hi Tech Films Ltd has risen 25.47%, contrasting with the Sensex’s 1.53% decline. Over three and five years, the stock’s returns of 527.54% and 734.36% respectively dwarf the Sensex’s 37.93% and 66.99% gains, while the ten-year performance of 3,437.32% far exceeds the benchmark’s 246.44%.

Mojo Score and Rating Update

Garware Hi Tech Films Ltd currently holds a Mojo Score of 23.0, categorised under a Strong Sell grade. This represents a downgrade from its previous Sell rating, effective from 12 Jan 2026. Despite the recent price surge, the rating reflects underlying assessments of the company’s fundamentals and market positioning.

The stock’s market cap grade is rated at 3, indicating a mid-tier capitalisation relative to its peers. This grading, combined with the Mojo Score, provides a comprehensive view of the stock’s risk and quality metrics as evaluated by MarketsMOJO.

Sector and Market Dynamics

The Plastic Products - Industrial sector, particularly the packaging segment, has shown notable gains, rising 9.07% on the day. Garware Hi Tech Films Ltd’s 20.0% surge significantly outpaces this sectoral advance, signalling a distinct trading interest in the stock.

Meanwhile, the Sensex’s retreat after an initial gap up suggests a cautious market environment. The index’s position below its 50-day moving average, despite the 50DMA trading above the 200DMA, indicates mixed technical signals. In this context, Garware Hi Tech Films Ltd’s strong performance stands out as a key highlight.

Summary of Trading Action

The stock’s gap up opening and sustained trading at the day’s high price of Rs 3,905.2 reflect strong demand and positive momentum. The absence of intraday price range movement suggests that buyers were willing to maintain the elevated price level throughout the session.

Garware Hi Tech Films Ltd’s outperformance relative to the Sensex and its sector highlights its distinct trading pattern on 3 Feb 2026. The stock’s positioning above all key moving averages further supports the strength of the current price action.

While the Mojo Score and Strong Sell rating indicate caution from a fundamental perspective, the intraday trading data reveals a clear surge in market activity and price appreciation for the stock on this particular day.

Long-Term Performance Context

Over the longer term, Garware Hi Tech Films Ltd has demonstrated exceptional returns, with a ten-year gain of 3,437.32%, vastly outperforming the Sensex’s 246.44% over the same period. This remarkable growth trajectory underscores the stock’s historical resilience and market presence.

Year-to-date and one-year returns also remain robust, with the stock outperforming the benchmark index by significant margins. These figures provide context to the current intraday surge, situating it within a broader pattern of strong performance.

Market Capitalisation and Sector Positioning

With a market cap grade of 3, Garware Hi Tech Films Ltd occupies a mid-range capitalisation status within the Plastic Products - Industrial sector. The sector’s recent gains, particularly in packaging, have contributed to the positive sentiment surrounding the stock.

Despite the broader market’s mixed session, the stock’s ability to maintain a 20.0% gain and trade above all major moving averages highlights its relative strength and distinct trading dynamics on the day.

Conclusion

Garware Hi Tech Films Ltd’s strong intraday performance on 3 Feb 2026, marked by a 20.0% surge and sustained trading at the day’s high, stands out amid a volatile market backdrop. The stock’s outperformance relative to its sector and the Sensex, combined with its technical positioning, underscores a notable trading session for the company.

While fundamental ratings remain cautious, the immediate market action reflects a significant shift in trading momentum for Garware Hi Tech Films Ltd on this day.

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