Intraday Trading Dynamics
The stock opened the day with notable volatility, hitting an intraday low of ₹1,226.2, down 4.62% from its previous close, before rallying sharply to its peak at ₹1,375.8, representing a 7.01% rise from the open. This intraday swing underscores active trading interest and strong buying momentum throughout the session.
Compared to the Auto Components & Equipments sector, Lumax Auto Technologies outperformed by 5.81%, signalling a distinct positive bias in its trading activity. The stock’s movement was also well ahead of the Sensex’s 1.12% gain for the day, highlighting its relative strength within the market.
Technical Positioning and Moving Averages
From a technical standpoint, the stock is trading above its 5-day, 100-day, and 200-day moving averages, indicating a solid medium- to long-term support base. However, it remains below its 20-day and 50-day moving averages, suggesting some near-term resistance levels that traders may be monitoring closely.
This mixed technical picture reflects a stock that has seen recent upward momentum but is still navigating intermediate-term consolidation zones.
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Market Context and Sector Comparison
The broader market environment on 2 Feb 2026 was characterised by a sharp recovery in the Sensex, which rebounded from an initial negative opening of -167.26 points to close up by 1,098.27 points at 81,653.95. Despite trading below its 50-day moving average, the Sensex’s 50DMA remains above its 200DMA, signalling an overall positive trend in the medium term.
Within this context, mega-cap stocks led the gains, supporting the market’s upward momentum. Lumax Auto Technologies, classified under the Auto Components & Equipments sector, outpaced both the sector and the benchmark index, reflecting a strong intraday buying interest.
Performance Metrics Over Various Timeframes
Examining Lumax Auto Technologies’ performance over multiple periods reveals a mixed but generally strong trend. The stock’s 1-day gain of 7.32% notably outstripped the Sensex’s 1.12% rise. Over one week, the stock marginally outperformed the Sensex with a 0.14% increase versus 0.11% for the benchmark.
However, the 1-month performance shows a decline of 16.58%, considerably steeper than the Sensex’s 4.82% fall, indicating some recent volatility. In contrast, the 3-month performance is robust at 21.93%, well above the Sensex’s negative 2.75% return.
Longer-term returns remain impressive, with a 1-year gain of 147.85% compared to the Sensex’s 5.32%, a 3-year return of 500.04% versus 36.21%, a 5-year return of 974.19% against 63.93%, and a remarkable 10-year return of 2,064.73% compared to the Sensex’s 232.66%.
Mojo Score and Rating Update
Lumax Auto Technologies holds a Mojo Score of 71.0, reflecting a positive overall assessment. The company’s Mojo Grade was upgraded from Hold to Buy on 15 Oct 2025, signalling improved confidence in its market standing and financial metrics. The Market Cap Grade stands at 3, indicating a mid-tier market capitalisation within its sector.
This upgrade and score reflect the stock’s favourable positioning relative to peers and its sector, supported by strong recent price action and fundamental indicators.
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Summary of Trading Action
On 2 Feb 2026, Lumax Auto Technologies Ltd’s stock price demonstrated strong resilience and upward momentum, closing near its intraday peak. The 7.74% gain represents a significant intraday move, supported by a broad market rally and sector outperformance.
The stock’s ability to trade above key moving averages such as the 5-day, 100-day, and 200-day averages, while maintaining a Mojo Grade upgrade, underscores its current strength in the market. Despite some near-term resistance indicated by the 20-day and 50-day averages, the overall trend remains positive.
Investors and market participants will likely continue to monitor the stock’s price action in relation to these technical levels and broader market trends.
Conclusion
Lumax Auto Technologies Ltd’s strong intraday performance on 2 Feb 2026, marked by a 7.74% surge to ₹1,375.8, highlights its robust trading dynamics amid a recovering Sensex. The stock’s relative outperformance within the Auto Components & Equipments sector and its upgraded Mojo Grade reflect a favourable market stance. Technical indicators suggest a solid foundation with some intermediate resistance, providing a comprehensive picture of the stock’s current market behaviour.
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