Key Events This Week
02 Feb: Stock opens week at Rs.400.00 with 1.24% gain
03 Feb: New 52-week high and all-time high reached at Rs.419
04 Feb: Further new 52-week and all-time high at Rs.440.95
05-06 Feb: Price stabilises at Rs.420.00, closing the week
Monday, 2 February 2026: Positive Start Amid Market Weakness
Jattashankar Industries Ltd began the week on a positive note, closing at Rs.400.00, up 1.24% from the previous Friday’s close of Rs.395.10. This gain contrasted with the Sensex’s decline of 1.03% to 35,814.09, signalling early relative strength. The stock’s volume was modest at 153 shares, indicating measured investor interest as the broader market faced selling pressure.
Tuesday, 3 February 2026: New 52-Week and All-Time Highs Propel Stock Higher
On 3 February, Jattashankar Industries Ltd surged to a new 52-week high of Rs.419 and simultaneously hit an all-time high, closing at Rs.420.00, a 5.00% increase on the day. This marked a significant milestone, reflecting strong buying momentum and investor confidence. The stock outperformed the Sensex, which rose 2.63% to 36,755.96, and demonstrated resilience amid a mixed market environment.
The stock’s rally was supported by a substantial volume spike to 931 shares, indicating robust demand. Technical indicators showed the stock trading above all key moving averages, reinforcing the bullish trend. Despite the textile sector’s even stronger 8.73% gain that day, Jattashankar Industries Ltd’s performance was notable given the broader market volatility.
Wednesday, 4 February 2026: Record Highs Continue with Rs.440.95 Peak
Jattashankar Industries Ltd extended its gains on 4 February, reaching a new 52-week and all-time high of Rs.440.95. The stock opened with a gap up of 4.99%, signalling strong buying interest, and closed with a modest 0.24% gain despite the volatile session. This price level represents an extraordinary appreciation of nearly 197.5% from its 52-week low of Rs.148.65.
The stock’s volume moderated to 247 shares, yet the sustained upward momentum was evident as it remained above all major moving averages. The Sensex closed slightly higher by 0.10% at 36,730.20, while the Garments & Apparels sector showed mixed results. Jattashankar Industries Ltd’s outperformance over the past year and recent sessions highlights its strong market positioning.
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Thursday, 5 February 2026: Price Stabilises Amid Lower Volumes
The stock price stabilised on 5 February, closing marginally higher at Rs.420.00, up 0.06% on the day. Trading volume declined to 144 shares, reflecting a pause in the strong upward momentum seen earlier in the week. The Sensex fell 0.53% to 36,695.11, indicating a cautious market environment. Jattashankar Industries Ltd’s ability to hold its gains amid broader market weakness suggests underlying support at current levels.
Friday, 6 February 2026: Week Ends Steady with No Price Change
On the final trading day of the week, Jattashankar Industries Ltd closed unchanged at Rs.420.00 with a volume of 139 shares. The Sensex inched up 0.10% to 36,730.20, rounding off a week of modest gains. The stock’s steady close after a week of strong rallies indicates consolidation and potential preparation for future directional moves.
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Weekly Price Performance: Jattashankar Industries Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-02 | Rs.400.00 | +1.24% | 35,814.09 | -1.03% |
| 2026-02-03 | Rs.420.00 | +5.00% | 36,755.96 | +2.63% |
| 2026-02-04 | Rs.419.75 | -0.06% | 36,890.21 | +0.37% |
| 2026-02-05 | Rs.420.00 | +0.06% | 36,695.11 | -0.53% |
| 2026-02-06 | Rs.420.00 | +0.00% | 36,730.20 | +0.10% |
Key Takeaways
Strong Momentum and Milestones: The stock’s achievement of multiple new 52-week and all-time highs during the week highlights robust upward momentum and investor interest. The Rs.440.95 peak on 4 February represents a near 198% rise from the 52-week low, underscoring exceptional price appreciation.
Outperformance vs Sensex: With a weekly gain of 6.30% compared to the Sensex’s 1.51%, Jattashankar Industries Ltd demonstrated clear relative strength. This outperformance was consistent across most trading days, even amid broader market volatility.
Technical Strength: The stock consistently traded above all key moving averages (5-day, 20-day, 50-day, 100-day, 200-day), signalling a sustained bullish trend across short, medium, and long-term horizons.
Volume and Trading Activity: Volume peaked notably on 3 February, supporting the price surge to new highs. Subsequent days saw lower volumes, indicating a phase of consolidation after strong gains.
Cautionary Note: Despite the strong price action, the Mojo Grade remains at ‘Sell’ with a Mojo Score of 46.0, suggesting that valuation and risk factors warrant careful consideration. The stock’s slight underperformance relative to the textile sector on some days also indicates selective profit-taking or sector rotation.
Conclusion
Jattashankar Industries Ltd’s week was marked by significant price milestones and strong relative performance against the Sensex. The stock’s ability to reach new 52-week and all-time highs, supported by solid technical indicators and trading volumes, reflects a period of notable strength within the Garments & Apparels sector. While the broader market showed mixed signals, the company’s share price demonstrated resilience and momentum. Investors should remain mindful of the current Mojo Grade and valuation considerations as the stock consolidates at elevated levels.
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