Indo Count Industries Ltd Hits Intraday High with 19.99% Surge on 3 Feb 2026

Intraday Trading Dynamics

The stock opened with a notable gap up, immediately registering a 19.99% increase from its previous close. Throughout the day, Indo Count Industries traded within a narrow price range of just Rs 0.9, indicating a concentrated trading band despite the sharp price jump. The weighted average price volatility was exceptionally high at 1613.86%, underscoring intense intraday price fluctuations.

Indo Count Industries Ltd’s price action was supported by its position above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning often signals sustained buying interest and momentum in the short to medium term.

Sector and Market Context

Within the garments and apparels industry, Indo Count Industries Ltd outperformed the textile sector, which itself gained 5.13% on the day. The stock’s 19.99% gain was nearly four times the sector’s advance, highlighting its relative strength. Over the last two trading days, the stock has recorded consecutive gains, accumulating a 24.77% return in this period.

In contrast, the broader market showed mixed signals. The Sensex opened sharply higher by 3,656.74 points but lost momentum to close down by 1,377.93 points, settling at 83,945.27, a 2.79% decline on the day. Despite this, mega-cap stocks led the market, and the Sensex remains close to its 52-week high, just 2.64% shy of 86,159.02.

Performance Metrics and Ratings

Indo Count Industries Ltd currently holds a Mojo Score of 33.0, with a Mojo Grade of Sell, downgraded from Hold on 5 Jan 2026. The company’s market cap grade stands at 3, reflecting its mid-tier capitalisation within the sector. Despite the recent downgrade, the stock’s price action today was notably strong.

Comparing performance across various time frames, Indo Count Industries Ltd has outperformed the Sensex in several periods. The stock’s one-day gain of 19.99% far exceeds the Sensex’s 2.76% rise. Over the past week, the stock returned 20.62% against the Sensex’s 2.52%. The one-month performance also shows a positive 2.70% gain versus the Sensex’s decline of 2.15%. However, over longer horizons such as one year and ten years, the stock has underperformed the Sensex, with returns of -0.73% and 21.63% respectively, compared to the Sensex’s 8.72% and 246.45%.

Volatility and Moving Averages

The stock’s high intraday volatility of 1613.86% is a key feature of today’s trading session, reflecting rapid price swings and active participation. This volatility is calculated based on the weighted average price, indicating that despite the narrow trading range, price movements were sharp and frequent.

Indo Count Industries Ltd’s position above all major moving averages suggests a bullish technical setup. The stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages indicates sustained upward momentum and potential support levels that traders may watch closely.

Comparative Sector and Market Analysis

Within the garments and apparels sector, Indo Count Industries Ltd’s performance today was markedly superior. The sector’s gain of 5.13% was overshadowed by the stock’s nearly 20% rise. This outperformance highlights the stock’s distinct trading activity relative to its peers.

Meanwhile, the broader market environment was mixed. The Sensex’s initial gap up of 3,656.74 points was followed by a decline of 1,377.93 points, closing at 83,945.27. This 2.79% drop contrasts with Indo Count Industries Ltd’s strong intraday gain, underscoring the stock’s isolated strength amid broader market fluctuations.

The Sensex is currently trading below its 50-day moving average, though the 50-day average remains above the 200-day average, signalling a longer-term positive trend despite short-term weakness. Mega-cap stocks led the market gains, but Indo Count Industries Ltd’s mid-cap status and strong intraday performance stand out distinctly.

Recent Price Trends

Indo Count Industries Ltd has recorded a series of gains recently, with a two-day consecutive rise amounting to 24.77%. This recent momentum is reflected in the stock’s current trading levels and technical indicators. Year-to-date, the stock has gained 1.59%, outperforming the Sensex’s decline of 1.53% over the same period.

Despite the strong short-term gains, the stock’s longer-term returns remain mixed. Over three years, the stock has delivered a 119.68% return, significantly outperforming the Sensex’s 37.93%. However, over five years, the stock’s 112.91% gain trails the Sensex’s 66.99% advance, and over ten years, the stock’s 21.63% return is well below the Sensex’s 246.45%.

Summary of Key Trading Statistics

On 3 Feb 2026, Indo Count Industries Ltd’s stock price reached a day’s high of Rs 286.9, representing a 19.99% increase. The stock opened with a gap up of 19.99%, traded within a narrow Rs 0.9 range, and exhibited high volatility at 1613.86%. It outperformed the textile sector by 9.42% and the Sensex by 17.23% on the day. The stock’s position above all major moving averages further supports its strong technical stance.

Overall, Indo Count Industries Ltd’s intraday surge and trading characteristics on 3 Feb 2026 highlight a session of exceptional price movement and relative strength within its sector and the broader market.

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