Garware Technical Fibres Ltd Hits Intraday High with 9.62% Surge on 12 Feb 2026

Feb 12 2026 09:31 AM IST
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Garware Technical Fibres Ltd recorded a robust intraday performance on 12 Feb 2026, surging to a day’s high of Rs 739.6, marking a 9.62% gain. This strong uptick comes after two consecutive days of decline, signalling a notable reversal in trading momentum within the Garments & Apparels sector.
Garware Technical Fibres Ltd Hits Intraday High with 9.62% Surge on 12 Feb 2026

Intraday Trading Dynamics and Price Action

The stock opened with a gap-up of 3.29%, immediately setting a positive tone for the session. Throughout the day, it exhibited high volatility, with an intraday volatility of 62.65% calculated from the weighted average price, reflecting active trading interest and fluctuating price swings. The intraday high of Rs 739.6 represented a 7.28% rise from the previous close, underscoring the strength of the rally.

Garware Technical Fibres Ltd outperformed its sector peers by 5.08% today, a significant margin given the broader market context. The Sensex, in contrast, opened 265.21 points lower and traded down by 0.47% at 83,839.46, indicating a divergence between the stock’s performance and the overall market trend.

Technical Indicators and Moving Averages

From a technical standpoint, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, signalling short to medium-term strength. However, it remains below the 200-day moving average, suggesting that longer-term momentum has yet to fully align with the recent gains. This positioning highlights a potential transitional phase in the stock’s trend.

The recent price action marks a reversal after two days of consecutive falls, indicating a shift in market sentiment. The strong intraday surge and gap-up opening suggest renewed buying interest and a possible short-term recovery within the Garments & Apparels sector.

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Comparative Performance Metrics

Garware Technical Fibres Ltd’s one-day gain of 9.36% starkly contrasts with the Sensex’s decline of 0.47%, highlighting the stock’s relative strength. Over the past week, the stock has advanced 6.57%, outperforming the Sensex’s modest 0.63% rise. The one-month performance further emphasises this trend, with the stock up 14.72% compared to the Sensex’s slight dip of 0.05%.

Over longer periods, the stock’s performance is mixed relative to the benchmark. It has delivered a 4.17% gain over three months versus the Sensex’s 0.75% decline, but a marginal 0.93% loss over one year compared to the Sensex’s 10.06% gain. Year-to-date, Garware Technical Fibres Ltd has risen 8.24%, outperforming the Sensex’s 1.62% fall. Over three and five years, the stock has gained 27.78% and 67.35% respectively, slightly lagging the Sensex’s 38.16% and 62.65% returns. Notably, the ten-year performance is exceptional, with a gain of 1186.52% against the Sensex’s 264.73%.

Market Context and Sector Overview

The broader market environment on 12 Feb 2026 was subdued, with the Sensex trading below its 50-day moving average despite the 50DMA itself remaining above the 200DMA. The index is currently 2.77% shy of its 52-week high of 86,159.02, having recorded a three-week consecutive rise of 2.82%. Against this backdrop, Garware Technical Fibres Ltd’s strong intraday performance stands out as a notable exception within the Garments & Apparels sector.

The company’s Mojo Score is 34.0, with a current Mojo Grade of Sell, upgraded from Strong Sell on 3 Feb 2026. The Market Cap Grade is 3, reflecting its mid-tier market capitalisation within the sector. These metrics provide a quantitative framework for assessing the stock’s risk and quality profile amid its recent price movements.

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Summary of Trading Session

Garware Technical Fibres Ltd’s trading session on 12 Feb 2026 was characterised by a strong recovery and significant price appreciation. The stock’s ability to outperform both its sector and the broader market amid a negative Sensex session highlights its distinct trading dynamics. The gap-up opening and sustained intraday gains reflect a shift in market sentiment after a brief period of decline.

While the stock remains below its 200-day moving average, the current momentum and technical positioning suggest a phase of renewed interest and price strength. The elevated intraday volatility indicates active participation from traders, contributing to the dynamic price swings observed throughout the day.

Overall, the session marks a notable intraday high for Garware Technical Fibres Ltd, underscoring its capacity for sharp price movements within the Garments & Apparels sector despite broader market headwinds.

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