Garware Hi Tech Films Ltd Hits Intraday High with 7.92% Surge on 22 Jan 2026

Intraday Price Movement and Trading Dynamics

The stock of Garware Hi Tech Films Ltd, operating within the Plastic Products - Industrial sector, demonstrated significant upward momentum today. It touched a peak intraday price of Rs 2,897.9, reflecting a gain of 7.47% from its previous close. This surge was accompanied by a day change of 7.92%, indicating strong buying interest during the session.

Notably, this rise follows two consecutive days of decline, signalling a reversal in the short-term trend. The stock’s performance today outpaced the Packaging sector’s gain of 2.73% and exceeded the Sensex’s intraday increase of 0.67% at open and 0.43% at the time of reporting.

From a technical perspective, Garware Hi Tech Films Ltd’s price currently trades above its 5-day moving average, suggesting short-term strength. However, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the longer-term trend has yet to confirm a sustained uptrend.

Comparative Market Context

The broader market environment on 22 Jan 2026 saw the Sensex opening at 82,459.66, up by 550.03 points or 0.67%. Despite this positive start, the index was trading slightly lower at 82,261.36, a 0.43% gain, and remained 4.74% below its 52-week high of 86,159.02. The Sensex has experienced a three-week consecutive decline, losing 4.08% over that period.

Mid-cap stocks led the market rally, with the BSE Mid Cap index gaining 1.15%, reflecting selective strength in smaller capitalisation stocks. Within this context, Garware Hi Tech Films Ltd’s 8.70% one-day gain notably outperformed the Sensex’s 0.47% rise, underscoring its relative strength in today’s trading session.

Performance Metrics and Historical Comparison

Examining Garware Hi Tech Films Ltd’s recent performance reveals a mixed trend over various time frames. The stock has gained 0.52% over the past week, contrasting with the Sensex’s decline of 1.31% during the same period. However, over the last month, the stock has declined by 10.79%, underperforming the Sensex’s 3.83% drop.

Longer-term figures show a more pronounced underperformance, with the stock down 25.11% over the past year compared to the Sensex’s 7.70% gain. Year-to-date, the stock has decreased by 5.83%, while the Sensex has fallen 3.44%. Despite these recent setbacks, Garware Hi Tech Films Ltd has delivered substantial growth over extended periods, with a three-year return of 362.78%, five-year return of 590.13%, and an impressive ten-year return of 2,484.66%, all significantly outperforming the Sensex’s respective returns of 35.75%, 68.36%, and 236.77%.

The company’s current Mojo Score stands at 31.0, with a Mojo Grade of Sell, reflecting a downgrade from Hold on 12 Jan 2026. The Market Cap Grade is rated 3, indicating a mid-tier capitalisation status within its sector.

Sector and Market Action

The Plastic Products - Industrial sector, to which Garware Hi Tech Films Ltd belongs, has seen moderate gains today, with the Packaging segment advancing by 2.73%. This sectoral strength aligns with the stock’s outperformance, suggesting sector-wide positive momentum contributing to the intraday surge.

Despite the broader market’s recent weakness, Garware Hi Tech Films Ltd’s strong intraday performance highlights its capacity to buck prevailing trends, at least in the short term. The stock’s rebound after two days of decline may indicate a technical correction or renewed buying interest at current price levels.

Summary of Trading Session

In summary, Garware Hi Tech Films Ltd’s trading session on 22 Jan 2026 was marked by a strong intraday rally, with the stock reaching Rs 2,897.9, a 7.47% increase from the previous close. This performance outpaced both its sector and the broader market indices, signalling a notable shift in trading dynamics after a brief period of decline.

The stock’s position relative to its moving averages suggests short-term strength, though longer-term averages remain above current prices. The broader market context, including the Sensex’s recent three-week decline and mid-cap leadership, provides a backdrop for the stock’s relative outperformance.

Overall, the session’s price action reflects a significant intraday surge driven by market forces within the Plastic Products - Industrial sector and broader market movements.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →