Kennametal India Ltd Hits Intraday High with 8.16% Surge on 20 Feb 2026

Intraday Trading Highlights

Kennametal India Ltd (Stock ID: 732050), a key player in the Industrial Manufacturing sector, recorded a significant intraday rally on 20 Feb 2026. The stock reached an intraday peak of Rs 2,239, marking a 6.64% rise from its previous close. By the end of the trading session, the stock had gained 8.16%, reflecting strong buying momentum throughout the day.

This surge reversed a three-day losing streak, signalling a notable trend reversal. The stock’s performance today outpaced its sector by 6.58%, underscoring its relative strength within Industrial Manufacturing. Kennametal India also outperformed the Sensex, which rose 0.74% after a volatile session.

Market Context and Broader Indices

The broader market witnessed a sharp rebound after a negative start. The Sensex opened 225.65 points lower but recovered strongly, climbing 833.35 points to close at 83,105.84. Despite this recovery, the Sensex remains 3.67% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself remains above the 200-day moving average, indicating a mixed technical backdrop.

Large-cap stocks led the market rally, contributing to the Sensex’s 0.74% gain. Kennametal India’s outperformance against this backdrop highlights its strong intraday demand and resilience relative to the broader market.

Technical Indicators and Moving Averages

Kennametal India’s price action today was supported by its position relative to key moving averages. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a broad-based technical strength across multiple timeframes. This alignment of moving averages often indicates sustained buying interest and can act as a foundation for continued price stability.

The stock’s Mojo Score currently stands at 44.0, with a Mojo Grade of Sell, downgraded from Hold on 5 Feb 2026. Despite the downgrade, the stock’s intraday performance today suggests a temporary rebound in market sentiment. The Market Cap Grade is 3, reflecting a mid-tier market capitalisation within its sector.

Performance Comparison Over Various Timeframes

Examining Kennametal India’s performance relative to the Sensex over multiple periods provides additional context:

• 1 Day: Kennametal India gained 9.07% versus Sensex’s 0.72%
• 1 Week: Kennametal India rose 8.77% compared to Sensex’s 0.56%
• 1 Month: Kennametal India advanced 14.36%, outperforming Sensex’s 1.10%
• 3 Months: Kennametal India declined 1.54%, slightly better than Sensex’s 2.97% fall
• 1 Year: Kennametal India increased 7.71%, trailing Sensex’s 9.71%
• Year to Date: Kennametal India up 9.30%, while Sensex is down 2.50%
• 3 Years: Kennametal India gained 8.02%, underperforming Sensex’s 36.90%
• 5 Years: Kennametal India surged 151.61%, significantly ahead of Sensex’s 63.27%
• 10 Years: Kennametal India rose 232.85%, slightly behind Sensex’s 250.45%

This data highlights Kennametal India’s strong recent momentum, particularly over the short to medium term, with notable outperformance in the year-to-date and five-year periods.

Summary of Intraday Trading Action

The stock’s strong intraday performance was characterised by sustained buying interest, pushing prices well above key technical levels. The reversal after three consecutive days of decline indicates a shift in trading dynamics, with buyers stepping in decisively. Kennametal India’s ability to outperform both its sector and the broader market on a day of volatile swings underscores its current market strength.

While the Mojo Grade remains at Sell, the stock’s technical positioning and intraday momentum today reflect a notable recovery phase. Investors tracking the stock will observe its movement relative to moving averages and sector trends for further confirmation of sustained strength.

Market Capitalisation and Sector Positioning

Kennametal India operates within the Industrial Manufacturing sector, a segment that has seen mixed performance amid broader market fluctuations. The company’s Market Cap Grade of 3 places it in a moderate capitalisation bracket, which may influence liquidity and trading volumes. Despite this, the stock’s intraday surge today highlights its capacity to attract significant market attention.

Conclusion

Kennametal India Ltd’s intraday high of Rs 2,239 on 20 Feb 2026, coupled with an 8.16% gain, marks a strong rebound after a short-term decline. The stock’s outperformance relative to the Sensex and its sector, supported by favourable technical indicators, underscores a day of robust trading activity. This performance is set against a backdrop of a recovering Sensex and leadership from mega-cap stocks, positioning Kennametal India as a notable mover within the Industrial Manufacturing space.

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