JSW Steel Ltd Gains 0.15%: 5 Key Factors Driving the Week’s Momentum

09 February 2026: New 52-Week and All-Time High at Rs.1,250

JSW Steel Ltd. began the week on a strong note, hitting a new 52-week and all-time high of Rs.1,250. This milestone marked a significant 37.9% gain from its 52-week low of Rs.907.25, underscoring the stock’s robust performance over the past year. On this day, the stock closed at Rs.1,244.75, up 0.71%, slightly lagging the Sensex’s 1.04% gain. The price movement was steady, reflecting sustained investor confidence and technical strength as the stock traded above all major moving averages.

JSW Steel’s one-year return of 26.18% notably outpaced the Sensex’s 7.83%, highlighting its relative strength within the ferrous metals sector. The broader market environment was positive, with the Sensex on a three-week rising streak, supported by mega-cap stocks. Despite the Mojo Score downgrade to ‘Hold’ from ‘Buy’ earlier in the month, the stock’s fundamentals and technical indicators remained solid.

10 February 2026: Fresh 52-Week High at Rs.1,261.85 Amid Positive Momentum

The stock continued its upward trajectory on 10 February, reaching a new 52-week high of Rs.1,261.85. JSW Steel closed at Rs.1,243.75, a slight dip of 0.08%, while the Sensex gained 0.25%. Despite the minor decline, the stock demonstrated resilience, having gained 1.54% over the prior two sessions. The technical setup remained bullish, with the stock trading above all key moving averages, signalling sustained momentum.

JSW Steel’s one-year performance of 30.77% far exceeded the Sensex’s 9.15%, reinforcing its leadership in the ferrous metals sector. The broader market was supportive, with the Sensex approaching its own 52-week high. The Mojo Grade remained at ‘Hold’, reflecting a balanced view on valuation amid the recent price surge.

12 February 2026: New 52-Week and All-Time High at Rs.1,263.85 Despite Mixed Market

On 12 February, JSW Steel reached its highest price of the week at Rs.1,263.85, setting a fresh 52-week and all-time high. The stock closed at Rs.1,247.25, down 0.12%, outperforming the Sensex which declined 0.56%. This day’s performance highlighted the stock’s relative strength amid a cautious market environment, with the Sensex trading below its 50-day moving average.

JSW Steel’s one-year gain of 30.68% significantly outpaced the Sensex’s 10.15%, reinforcing its status as a sector leader. The stock’s technical position remained robust, trading above all major moving averages, signalling sustained bullish momentum. The Mojo Score of 68.0 and ‘Hold’ rating reflected a tempered but positive outlook on the stock’s valuation and prospects.

13 February 2026: Week Ends with a Modest Decline at Rs.1,234.20

The week concluded on 13 February with JSW Steel closing at Rs.1,234.20, down 1.05% on the day and 0.15% for the week. The Sensex fell 1.40%, indicating a broader market sell-off. Despite the decline, JSW Steel outperformed the benchmark index on a weekly basis. The stock’s volume remained moderate, and its technical indicators continued to reflect strength above key moving averages.

This modest pullback followed a week of strong gains and multiple record highs, suggesting profit-taking amid a volatile market. The stock’s resilience relative to the Sensex underscores its defensive qualities within the ferrous metals sector.

Daily Price Comparison: JSW Steel Ltd. vs Sensex (09–13 Feb 2026)

Key Takeaways from the Week

Positive Signals: JSW Steel demonstrated strong technical momentum, reaching multiple 52-week and all-time highs at Rs.1,250, Rs.1,261.85, and Rs.1,263.85. The stock consistently traded above all major moving averages, signalling sustained bullish sentiment. Its one-year performance of approximately 30% significantly outpaced the Sensex’s 10%, highlighting robust relative strength within the ferrous metals sector.

Cautionary Notes: Despite early-week highs, the stock ended the week slightly lower, reflecting profit-taking and broader market weakness. The Mojo Grade downgrade to ‘Hold’ indicates a more cautious stance on valuation levels following recent gains. Volume trends showed some moderation, suggesting investors may be awaiting clearer market direction.

Overall, JSW Steel’s resilience amid a volatile market and its ability to outperform the benchmark index underscore its solid market positioning. However, the tempered weekly close and rating adjustment suggest investors should monitor valuation and market conditions closely.

Conclusion

JSW Steel Ltd.’s week was marked by significant milestones, including multiple new 52-week and all-time highs, reflecting strong technical momentum and sector leadership. While the stock ended the week with a slight decline of 0.15%, it outperformed the Sensex’s 0.54% fall, demonstrating relative strength. The company’s sustained gains over the past year and robust trading above key moving averages highlight its enduring market relevance.

The downgrade to a ‘Hold’ rating by MarketsMOJO signals a cautious approach to valuation despite the stock’s solid fundamentals and price action. Investors should weigh the positive technical indicators against broader market volatility and valuation considerations as they assess JSW Steel’s near-term outlook.

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