Garware Hi Tech Films Ltd Hits Intraday High with 8.1% Surge on 1 Feb 2026

Intraday Price Movement and Volatility

The stock demonstrated significant momentum today, touching an intraday peak of Rs 3,170, which represents a 9.31% rise from its previous close. This surge was accompanied by elevated volatility, with an intraday volatility measure of 61.25% calculated from the weighted average price. Such heightened price fluctuations indicate active trading and investor engagement during the session.

Garware Hi Tech Films Ltd outperformed its sector peers by 8.05% on the day, underscoring its relative strength within the Plastic Products - Industrial industry. The stock has also been on a positive trajectory over the last two days, delivering cumulative returns of 3.37% during this period.

Moving Averages and Technical Positioning

From a technical standpoint, the stock’s current price is trading above its 5-day and 20-day moving averages, signalling short-term bullishness. However, it remains below its longer-term moving averages, including the 50-day, 100-day, and 200-day marks. This positioning suggests that while recent momentum is positive, the stock has yet to break through key resistance levels that define its medium- and long-term trend.

Market Context and Broader Indices

The broader market environment on 1 Feb 2026 was characterised by modest gains. The Sensex opened higher at 82,388.97, up 119.19 points or 0.14%, but later traded near 82,303.82, reflecting a marginal gain of 0.04%. The index remains 4.68% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, indicating a mixed technical outlook for the benchmark.

Market leadership was driven by mega-cap stocks, which helped the Sensex eke out a small gain. In contrast, Garware Hi Tech Films Ltd’s intraday performance was markedly stronger, with a day gain of 8.55% compared to the Sensex’s slight decline of 0.02% over the same period.

Performance Comparison Over Various Timeframes

Examining Garware Hi Tech Films Ltd’s performance relative to the Sensex over multiple periods reveals a mixed trend. The stock outperformed the Sensex over the past day (+8.55% vs -0.02%), one week (+6.94% vs +0.88%), and one month (+1.64% vs -2.86%). However, over the three-month period, the stock underperformed, declining by 7.87% compared to the Sensex’s 2.54% drop. On a longer horizon, the stock’s one-year return stands at -9.61%, lagging behind the Sensex’s 7.16% gain.

Despite recent setbacks, Garware Hi Tech Films Ltd has delivered substantial long-term growth, with returns of 414.42% over three years, 613.59% over five years, and an impressive 2,604.47% over ten years, far exceeding the Sensex’s respective gains of 38.25%, 77.71%, and 230.74% during the same periods.

Mojo Score and Rating Update

The company’s current Mojo Score stands at 23.0, accompanied by a Mojo Grade of Strong Sell as of 12 Jan 2026, an upgrade from the previous Sell rating. This rating reflects a cautious stance based on MarketsMOJO’s comprehensive evaluation framework. The Market Cap Grade is 3, indicating a mid-tier market capitalisation within its sector.

Trading Activity and Investor Sentiment

Today’s trading session saw heightened activity in Garware Hi Tech Films Ltd shares, driven by the stock’s strong intraday gains and volatility. The stock’s ability to outperform both its sector and the broader market indices suggests focused trading interest and a dynamic price discovery process. The stock’s movement above short-term moving averages further supports the notion of positive momentum in the immediate term.

Summary of Key Metrics

To summarise, Garware Hi Tech Films Ltd’s key intraday metrics on 1 Feb 2026 include:

• Day’s high price: Rs 3,170 (9.31% increase)
• Day change: +8.1%
• Intraday volatility: 61.25%
• Outperformance vs sector: +8.05%
• Consecutive gains over last two days: +3.37%
• Trading above 5-day and 20-day moving averages
• Mojo Grade: Strong Sell (upgraded from Sell on 12 Jan 2026)

The stock’s strong intraday performance amid a broadly flat market highlights its distinct trading dynamics and volatility profile on this session.

Market Outlook and Positioning

While the Sensex and mega-cap stocks showed limited movement, Garware Hi Tech Films Ltd’s price action today was notably more dynamic. The stock’s ability to register a significant intraday high and maintain gains above short-term averages indicates a phase of active price discovery. However, the longer-term moving averages remain resistance points that the stock has yet to surpass.

Investors and market participants will likely continue to monitor the stock’s price behaviour in relation to these technical levels and broader market trends.

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