Jindal Worldwide Ltd Hits Intraday High with 8.76% Surge on 4 Feb 2026

Intraday Trading Highlights

The stock opened with a notable gap up of 3.23%, signalling early bullish momentum. Throughout the trading session, Jindal Worldwide Ltd maintained upward pressure, reaching its peak price of Rs 29.5, which represents a 7.19% rise from its previous close. This strong intraday surge contributed to an overall day change of 8.76%, reflecting robust buying interest and positive trading action.

Jindal Worldwide Ltd’s performance today was particularly impressive when compared to the broader market. While the Sensex recovered from an initial negative opening to close marginally higher by 0.07% at 83,798.67, Jindal Worldwide Ltd outpaced this with an 11.12% gain over the single trading day, underscoring its relative strength within the Garments & Apparels sector.

Technical Positioning and Moving Averages

The stock currently trades above its 5-day, 20-day, and 50-day moving averages, indicating short to medium-term positive momentum. However, it remains below its 100-day and 200-day moving averages, suggesting that while recent trading has been strong, longer-term resistance levels persist. This technical positioning highlights a mixed trend, with the stock showing signs of recovery but still facing some headwinds from longer-term averages.

Jindal Worldwide Ltd has recorded consecutive gains over the last two trading sessions, accumulating an 18.15% return during this period. This streak of positive returns adds to the momentum observed today and reflects a sustained buying interest over recent days.

Comparative Performance Analysis

Over various time frames, Jindal Worldwide Ltd’s performance has been mixed relative to the Sensex benchmark. Year-to-date, the stock has gained 4.73%, outperforming the Sensex’s decline of 1.67%. Over the past week, the stock surged 20.68%, significantly ahead of the Sensex’s 1.76% rise. The one-month return of 3.66% also contrasts favourably with the Sensex’s negative 2.29% performance.

However, longer-term returns reveal challenges. The stock has declined 15.34% over three months and 63.60% over one year, compared to the Sensex’s positive 0.40% and 6.63% respectively. Over three years, Jindal Worldwide Ltd’s return stands at -56.47%, while the Sensex has appreciated 37.72%. Despite these setbacks, the stock’s five-year and ten-year returns remain robust at 146.61% and 930.32% respectively, well above the Sensex’s 65.55% and 244.29% gains.

Market Context and Sector Performance

The broader market environment on 4 Feb 2026 was characterised by a sharp recovery in the Sensex after a negative start. The index rebounded by 546.61 points from an early loss of 487.07 points, closing near its 52-week high, just 2.82% shy of the peak level of 86,159.02. Mega-cap stocks led the market rally, supporting the overall positive sentiment.

Within this context, Jindal Worldwide Ltd’s outperformance of the Garments & Apparels sector by 6.28% highlights its relative strength. The sector’s performance was buoyed by the stock’s gains, which contributed positively to the segment’s overall trading activity.

Mojo Score and Market Capitalisation Insights

Jindal Worldwide Ltd currently holds a Mojo Score of 31.0, with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 17 Nov 2025. This change indicates a slight improvement in the stock’s overall assessment, although it remains on the cautious side. The company’s Market Cap Grade is 3, reflecting its position within the small-cap segment of the Garments & Apparels industry.

The stock’s recent price action and technical indicators suggest a phase of recovery, supported by the upgrade in Mojo Grade. However, the overall score and grade imply that investors should remain attentive to the stock’s evolving fundamentals and market conditions.

Summary of Trading Action and Outlook

On 4 Feb 2026, Jindal Worldwide Ltd’s stock exhibited a strong intraday rally, reaching Rs 29.5 and delivering an 8.76% gain. The stock’s performance outpaced both its sector and the broader market, supported by positive momentum and technical strength in the short to medium term. Despite longer-term challenges reflected in multi-year returns and moving average positioning, the recent gains and upgrade in Mojo Grade highlight a notable shift in trading dynamics.

Market participants witnessed a robust trading session for Jindal Worldwide Ltd, with consecutive days of gains and a significant intraday high that underscores the stock’s capacity for volatility and recovery within the Garments & Apparels sector.

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