Gillanders Arbuthnot Gains 1.73%: 4 Key Factors Driving the Week’s Volatility

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Gillanders Arbuthnot & Company Ltd’s stock experienced a volatile week, ultimately gaining 1.73% to close at Rs.92.27 on 6 February 2026, marginally outperforming the Sensex’s 1.51% rise over the same period. The week was marked by multiple fresh 52-week lows, a sharp rebound on the final trading day, and mixed financial signals amid a generally buoyant market backdrop.

Key Events This Week

2 Feb: Stock hits 52-week low at Rs.87.00

4 Feb: Reaches 52-week low again at Rs.87.00 amid weak performance

5 Feb: New 52-week low of Rs.86.65 recorded

6 Feb: Sharp recovery with 7.10% gain to Rs.92.27

Week Open
Rs.87.00
Week Close
Rs.92.27
+6.09%
Week Low
Rs.86.15
vs Sensex
+4.58%

2 February: Stock Hits 52-Week Low Amid Market Recovery

Gillanders Arbuthnot & Company Ltd’s shares declined sharply to Rs.87.00 on 2 February 2026, marking a fresh 52-week low and a 4.08% drop from the previous close. This underperformance contrasted with the Sensex’s 1.03% decline, signalling company-specific pressures. The stock’s fall was driven by concerns over weak long-term growth and high leverage, despite the broader market rallying on the same day. The share price remained below all key moving averages, underscoring sustained bearish momentum.

3 February: Modest Recovery Alongside Sensex Rally

On 3 February, the stock rebounded modestly by 2.08% to Rs.88.81, supported by a strong Sensex gain of 2.63%. Trading volume surged to 1,215 shares, indicating increased investor interest. However, the stock remained below critical moving averages, reflecting ongoing caution. The partial recovery was insufficient to offset the prior day’s losses but suggested some short-term buying interest amid improving market sentiment.

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4 February: Renewed 52-Week Low Amid Weak Financial Indicators

The stock again touched Rs.87.00 on 4 February, reaffirming its 52-week low status with a 2.34% decline on the day. This underperformance was notable against the Sensex’s marginal 0.17% fall. The persistent weakness reflected concerns over the company’s long-term sales contraction at a CAGR of -2.53% over five years and a high Debt to EBITDA ratio of 6.59 times. Despite recent quarterly profit growth, the market remained cautious, reflected in the stock’s continued trading below all major moving averages.

5 February: Fresh 52-Week Low Despite Sector Outperformance

On 5 February, the stock declined further to Rs.86.15, marking its lowest level in the week and a fresh 52-week low. Interestingly, the stock outperformed its FMCG sector peers by 2.15% on the day, suggesting some relative resilience. However, the broader market was weaker, with the Sensex falling 0.53%. The company’s financial profile remains challenged by low profitability, with an average ROE of 2.28%, and elevated leverage, factors that continue to weigh on investor sentiment.

6 February: Sharp Rebound on Seasonal Recovery and Results

The final trading day saw a significant turnaround, with the stock surging 7.10% to close at Rs.92.27. This sharp gain outpaced the Sensex’s modest 0.10% rise and was likely influenced by the company’s Q3 FY26 results announcement. However, the quarterly profit plunged 65%, attributed to seasonal weakness returning, dampening the overall outlook. Despite this, the strong rebound suggests short-term bargain hunting and technical buying after multiple days at 52-week lows.

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Daily Price Performance: Gillanders Arbuthnot & Company Ltd vs Sensex

Date Stock Price Day Change Sensex Day Change
2026-02-02 Rs.87.00 -4.08% 35,814.09 -1.03%
2026-02-03 Rs.88.81 +2.08% 36,755.96 +2.63%
2026-02-04 Rs.88.80 -0.01% 36,890.21 +0.37%
2026-02-05 Rs.86.15 -2.98% 36,695.11 -0.53%
2026-02-06 Rs.92.27 +7.10% 36,730.20 +0.10%

Key Takeaways from the Week

Positive Signals: Despite multiple 52-week lows, the stock closed the week with a 6.09% gain from the opening price of Rs.87.00, outperforming the Sensex’s 4.58% rise over the same period. The company’s recent quarterly results showed a remarkable 184.08% growth in PAT and a 590.7% increase in PBT excluding other income for the nine months ending September 2025, alongside record net sales of Rs.132.28 crores. Valuation metrics such as a low PEG ratio of 0.1 and an EV/CE ratio of 0.8 suggest the stock is trading at a discount relative to peers.

Cautionary Signals: The stock’s persistent trading below all major moving averages and a high Debt to EBITDA ratio of 6.59 times highlight ongoing financial risks. The recent Q3 FY26 profit plunge of 65% due to seasonal weakness dampens near-term earnings visibility. The MarketsMOJO Mojo Score remains at 29.0 with a Strong Sell grade, reflecting deteriorated fundamentals and cautious market sentiment. Long-term sales contraction at a CAGR of -2.53% and low average ROE of 2.28% further underscore structural challenges.

Conclusion

Gillanders Arbuthnot & Company Ltd’s week was characterised by significant volatility, with the stock hitting multiple 52-week lows before a strong rebound on the final trading day. While recent quarterly earnings growth and attractive valuation metrics offer some optimism, the company’s high leverage, weak long-term sales growth, and subdued profitability continue to weigh on investor confidence. The stock’s outperformance relative to the Sensex this week is notable but must be viewed in the context of ongoing fundamental challenges and a cautious market outlook. Investors should monitor upcoming financial disclosures and market developments closely to assess any sustained change in trend.

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