Indian Metals & Ferro Alloys Ltd Hits Intraday High with 7.08% Surge on 9 Feb 2026

Intraday Trading Highlights

On the trading day, Indian Metals & Ferro Alloys Ltd demonstrated significant momentum, registering a 7.08% gain compared to the Sensex’s modest 0.54% rise. The stock’s intraday high of Rs 1421.2 represented a 6.9% increase from its previous close, underscoring strong buying interest throughout the session. Notably, the stock exhibited elevated volatility, with an intraday volatility measure of 5.24% based on the weighted average price, indicating active price swings during the day.

The stock’s performance also outperformed the Ferro & Silica Manganese sector, which gained 5.77% on the same day. Indian Metals & Ferro Alloys Ltd’s advance exceeded the sector’s rise by 1.45%, highlighting its relative strength within the ferrous metals industry.

Technical Positioning and Moving Averages

Indian Metals & Ferro Alloys Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a sustained upward trend in the stock’s price over multiple time horizons. The stock’s consecutive gains over the last two trading sessions have resulted in a cumulative return of 6.6%, reinforcing the positive momentum.

Such alignment above moving averages often signals strength and can attract further trading interest from market participants monitoring technical indicators.

Market Context and Broader Indices

The broader market environment on 09 Feb 2026 was positive, with the Sensex opening higher at 84,177.51, gaining 597.11 points or 0.71%. Although the index was trading slightly lower at 84,076.16 during the session, it remained up 0.59% on the day. The Sensex is currently 2.48% below its 52-week high of 86,159.02, reflecting a near-term consolidation phase.

Despite trading below its 50-day moving average, the Sensex’s 50DMA remains above its 200DMA, indicating an overall bullish medium-term trend. The index has recorded a three-week consecutive rise, accumulating a 3.11% gain over this period. Mega-cap stocks have been the primary drivers of this market strength, supporting the broader positive sentiment.

Relative Performance Over Multiple Time Frames

Indian Metals & Ferro Alloys Ltd’s recent performance has been notably strong relative to the Sensex across various time frames. The stock’s one-day gain of 7.04% far exceeded the Sensex’s 0.54% rise. Over the past week, the stock surged 22.85%, compared to the Sensex’s 2.90% increase. Similarly, the one-month return for Indian Metals & Ferro Alloys Ltd stood at 16.99%, dwarfing the Sensex’s 0.55% gain.

Over longer horizons, the stock has delivered substantial returns: 19.09% over three months versus 0.98% for the Sensex, and an impressive 100.17% over one year compared to the Sensex’s 7.93%. Year-to-date, the stock has declined 4.67%, slightly underperforming the Sensex’s 1.39% fall. Over three, five, and ten-year periods, Indian Metals & Ferro Alloys Ltd has outperformed the Sensex by wide margins, with returns of 357.92%, 494.22%, and 2340.82% respectively, compared to the Sensex’s 38.20%, 63.71%, and 249.83%.

Mojo Score and Rating Update

Indian Metals & Ferro Alloys Ltd currently holds a Mojo Score of 64.0, categorised as a Hold rating. This represents an upgrade from its previous Sell rating, which was revised on 04 Feb 2026. The company’s Market Cap Grade is 3, reflecting its mid-tier market capitalisation within the ferrous metals sector. The rating upgrade indicates an improvement in the company’s overall quality and market standing as assessed by MarketsMOJO’s proprietary scoring system.

Sectoral Dynamics and Trading Activity

The ferrous metals sector, particularly the Ferro & Silica Manganese segment, has experienced notable gains, with a 5.77% increase on the day. Indian Metals & Ferro Alloys Ltd’s outperformance relative to this sector highlights its strong position amid sectoral advances. The stock’s high intraday volatility and trading above all major moving averages suggest active participation from traders and investors seeking to capitalise on the current momentum.

Such trading patterns often reflect a combination of technical buying and sectoral tailwinds, contributing to the stock’s elevated price levels during the session.

Summary of Key Metrics

To summarise, Indian Metals & Ferro Alloys Ltd’s key intraday metrics on 09 Feb 2026 include:

• Day’s high price: Rs 1421.2 (6.9% increase)
• Day change: +7.08%
• Intraday volatility: 5.24%
• Consecutive gains over 2 days: 6.6% cumulative return
• Outperformance vs sector: +1.45%
• Trading above all major moving averages (5, 20, 50, 100, 200 days)
• Mojo Score: 64.0 (Hold rating, upgraded from Sell on 04 Feb 2026)

These figures collectively illustrate a day of strong price appreciation and active market engagement for Indian Metals & Ferro Alloys Ltd.

Conclusion

Indian Metals & Ferro Alloys Ltd’s strong intraday surge to Rs 1421.2 on 09 Feb 2026 reflects a pronounced positive shift in trading dynamics within the ferrous metals sector. The stock’s outperformance relative to both its sector and the broader Sensex index, combined with its technical positioning above key moving averages, underscores a robust market response. Elevated volatility and consecutive gains further highlight the stock’s active trading environment during the session.

While the broader market exhibited moderate gains, Indian Metals & Ferro Alloys Ltd’s performance stood out as a notable highlight in the ferrous metals space on this trading day.

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