Garware Technical Fibres Ltd Hits Intraday High with 13.77% Surge on 3 Feb 2026

9 hours ago
share
Share Via
Garware Technical Fibres Ltd recorded a robust intraday performance on 3 Feb 2026, surging to a day’s high of Rs 725, marking a 14.2% increase from the previous close. The stock outperformed its sector and broader market indices, reflecting significant trading momentum and a notable gap-up opening.
Garware Technical Fibres Ltd Hits Intraday High with 13.77% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Garware Technical Fibres Ltd opened sharply higher with a gain of 9.29%, setting the tone for a strong trading session. The stock continued to rally throughout the day, touching an intraday peak of Rs 725, representing a 14.2% rise from its prior close. This intraday high was accompanied by a day change of 13.77%, significantly outperforming the Garments & Apparels sector, which gained 9.36% on the same day.

The stock’s performance also eclipsed the broader market benchmark, the Sensex, which closed with a gain of 2.68% despite losing momentum after a gap-up opening. Garware Technical Fibres Ltd’s 1-day gain of 15.27% notably outpaced the Sensex’s advance, underscoring the stock’s strong relative strength during the session.

Technical Positioning and Moving Averages

From a technical perspective, Garware Technical Fibres Ltd traded above its 5-day, 20-day, 50-day, and 100-day moving averages, signalling short- to medium-term strength in price action. However, it remained below its 200-day moving average, indicating that the longer-term trend has yet to fully align with the recent upward momentum. This positioning suggests that while the stock is experiencing a positive phase, it is still navigating broader trend dynamics.

The stock’s recent rally follows two consecutive days of decline, marking a clear trend reversal. This rebound has been accompanied by increased trading volumes and volatility, reflecting heightened market activity and interest in the stock during the session.

Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!

  • - Highest rated stock selection
  • - Multi-parameter screening cleared
  • - Large Cap quality pick

View Our Top 1% Pick →

Sector and Market Context

The Garments & Apparels sector, to which Garware Technical Fibres Ltd belongs, gained 9.36% on the day, indicating broad-based strength within the industry. This sector outperformance was a key factor supporting the stock’s rally. In contrast, the Sensex, despite opening 3,656.74 points higher, lost momentum and closed with a more modest gain of 2.68%, trading at 83,857.00 points. The index remains 2.75% below its 52-week high of 86,159.02.

Market breadth was led by mega-cap stocks, which helped sustain the Sensex’s positive close. However, Garware Technical Fibres Ltd’s intraday gains far exceeded the benchmark’s performance, highlighting its distinct trading strength on the day.

Performance Trends Over Multiple Timeframes

Examining Garware Technical Fibres Ltd’s performance over various periods reveals a mixed but improving trend. The stock’s 1-week gain stands at 20.57%, substantially outperforming the Sensex’s 2.44% rise over the same period. Over the past month, the stock has advanced 6.25%, while the Sensex declined by 2.22%. However, over the last three months, the stock has recorded a decline of 3.89%, slightly worse than the Sensex’s marginal fall of 0.14%.

On a longer horizon, the stock’s 1-year performance remains negative at -10.54%, contrasting with the Sensex’s 8.64% gain. Year-to-date, Garware Technical Fibres Ltd has gained 5.07%, outperforming the Sensex’s -1.60% return. Over three and five years, the stock has delivered cumulative returns of 24.24% and 60.84%, respectively, trailing the Sensex’s 37.83% and 66.86% gains. Notably, over a decade, the stock has surged 975.23%, significantly outpacing the Sensex’s 246.18% rise.

Mojo Score and Rating Update

Garware Technical Fibres Ltd currently holds a Mojo Score of 28.0, with a Mojo Grade of Strong Sell as of 27 Jan 2026, an upgrade from its previous Sell rating. The Market Cap Grade stands at 3, reflecting its mid-tier market capitalisation within the Garments & Apparels sector. This rating adjustment indicates a reassessment of the stock’s quality and risk profile, coinciding with its recent price action and market developments.

Why settle for Garware Technical Fibres Ltd? SwitchER evaluates this Garments & Apparels small-cap against peers, other sectors, and market caps to find you superior investment opportunities!

  • - Comprehensive evaluation done
  • - Superior opportunities identified
  • - Smart switching enabled

Discover Superior Stocks →

Summary of Trading Action

Garware Technical Fibres Ltd’s strong intraday performance on 3 Feb 2026 was characterised by a significant gap-up opening, sustained buying interest, and a peak price of Rs 725. The stock’s ability to outperform both its sector and the broader market benchmark during a session where the Sensex lost momentum highlights its distinct trading dynamics. The reversal after two days of decline and the positioning above key moving averages further underscore the stock’s positive technical momentum.

While the stock remains below its 200-day moving average, the current price action reflects a notable shift in market sentiment and trading behaviour. The combination of sector strength, relative outperformance, and rating updates provides a comprehensive backdrop to today’s surge.

Market Overview

The broader market environment on 3 Feb 2026 was mixed, with the Sensex opening strongly but retreating to close with a moderate gain. Mega-cap stocks led the market, while the textile sector, including Garments & Apparels, showed robust gains. This sectoral strength contributed to Garware Technical Fibres Ltd’s outperformance, despite the overall market’s cautious tone.

Conclusion

Garware Technical Fibres Ltd’s intraday high and strong 13.8% surge on 3 Feb 2026 reflect a significant trading event within the Garments & Apparels sector. The stock’s performance stands out amid a market that saw mixed momentum, supported by sector gains and technical factors. This session’s price action adds a notable chapter to the stock’s recent trading history, marked by a reversal and renewed buying interest.

{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News