Key Events This Week
16 Feb: Stock opens at Rs.69.02, down 1.00% amid Sensex gains
17 Feb: Sharp rebound with 4.36% gain to Rs.72.03 on strong volume
18 Feb: Continued momentum with 2.49% rise, technical indicators shift
19 Feb: Exceptional volume surge despite 3.21% price decline
20 Feb: Mild bearish technical shift, stock closes at Rs.71.34 (-0.15%)
16 February: Opening Weakness Amid Broader Market Strength
HFCL Ltd began the week on a cautious note, closing at Rs.69.02, down 1.00% from the previous Friday’s close of Rs.69.72. This decline contrasted with the Sensex’s 0.70% gain to 36,787.89, reflecting sector-specific pressures or profit-taking. The stock’s volume was relatively subdued at 412,024 shares, indicating limited buying interest at the start of the week.
17 February: Strong Rebound on Renewed Buying Interest
The stock rebounded sharply on 17 Feb, surging 4.36% to close at Rs.72.03 on a significant volume increase to 1,963,570 shares. This rally outpaced the Sensex’s modest 0.32% gain, signalling renewed investor confidence. The intraday price range between Rs.69.01 and Rs.73.00 highlighted strong volatility and buying momentum. This day marked a technical momentum shift, with the stock moving from a mildly bearish to a sideways trend, supported by bullish weekly MACD and Bollinger Bands.
18 February: Continued Momentum Amid Mixed Technical Signals
HFCL extended gains by 2.49% to Rs.73.82, outperforming the Sensex’s 0.43% rise. Volume remained elevated at 1,425,555 shares. Technical indicators presented a nuanced picture: weekly momentum indicators such as MACD and KST were mildly bullish, while monthly indicators remained bearish. The stock traded comfortably above its 5-day and 20-day moving averages, signalling short-term strength, though longer-term resistance near Rs.93.95 remained distant.
From struggle to strength! This Small Cap from Textile - Machinery is showing early turnaround signals that look promising. Position yourself now for explosive growth potential ahead!
- - Early turnaround signals
- - Explosive growth potential
- - Textile - Machinery recovery play
19 February: Exceptional Volume Surge Amid Price Pullback
Despite a 3.21% decline to Rs.71.45, HFCL witnessed an extraordinary surge in trading volume, with over 7.2 million shares changing hands, representing a traded value of approximately Rs.53.91 crores. This volume spike was accompanied by a delivery volume increase of 56.4% over the five-day average, indicating strong accumulation despite the price dip. The stock outperformed its sector, which declined 0.58%, and the Sensex, which fell 1.45%. The price traded within a wide range of Rs.70.50 to Rs.75.40, reflecting intraday volatility and profit-taking after recent gains.
20 February: Mildly Bearish Technical Shift and Market Uncertainty
On the final trading day of the week, HFCL closed marginally lower at Rs.71.34, down 0.15%. Technical momentum shifted from sideways to mildly bearish, with daily moving averages turning negative and monthly MACD and KST indicators signalling weakening longer-term momentum. However, weekly volume-based indicators such as On-Balance Volume remained bullish, suggesting ongoing investor accumulation. The MarketsMOJO grade was downgraded to Sell with a Mojo Score of 37.0, reflecting cautious sentiment despite the stock’s strong long-term returns relative to the Sensex.
Why settle for HFCL Ltd? SwitchER evaluates this small-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- - Comprehensive evaluation done
- - Superior opportunities identified
- - Smart switching enabled
Daily Price Comparison: HFCL Ltd vs Sensex (16-20 Feb 2026)
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-16 | Rs.69.02 | -1.00% | 36,787.89 | +0.70% |
| 2026-02-17 | Rs.72.03 | +4.36% | 36,904.38 | +0.32% |
| 2026-02-18 | Rs.73.82 | +2.49% | 37,062.35 | +0.43% |
| 2026-02-19 | Rs.71.45 | -3.21% | 36,523.88 | -1.45% |
| 2026-02-20 | Rs.71.34 | -0.15% | 36,674.32 | +0.41% |
Key Takeaways
Positive Signals: HFCL outperformed the Sensex with a 2.32% weekly gain versus 0.39%, supported by strong volume surges and accumulation signals on 17 and 19 February. Short-term technical indicators such as weekly MACD, Bollinger Bands, and On-Balance Volume suggest underlying buying interest and momentum. The stock’s ability to trade above key moving averages during the week reflects resilience amid sector volatility.
Cautionary Signals: The late-week mild bearish shift in technical momentum, including daily moving averages turning negative and bearish monthly MACD and KST indicators, highlight potential medium-term headwinds. The downgrade to a Sell Mojo Grade and the stock’s position below its 200-day moving average suggest that upside remains capped until longer-term resistance levels are tested. The sharp price decline on 19 February despite high volume indicates profit-taking and volatility risk.
Conclusion
HFCL Ltd’s week was characterised by a strong midweek rally driven by renewed investor interest and exceptional trading volumes, enabling the stock to outperform the broader market. However, the subsequent technical momentum shift to a mildly bearish stance and the downgrade in Mojo Grade underscore ongoing uncertainty. Investors should monitor key support levels near Rs.70 and watch for confirmation of sustained volume-backed buying to validate any further upside. The stock’s strong long-term returns relative to the Sensex provide a positive backdrop, but the current mixed technical signals warrant a measured approach amid sectoral and market volatility.
Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →
