Manaksia Aluminium Company Ltd Hits New 52-Week High at Rs.44.31

Stock Performance and Price Movement

On 12 Jan 2026, Manaksia Aluminium Company Ltd’s shares surged to an intraday high of Rs.44.31, representing a 15.33% increase from the day’s low of Rs.34.24. The stock opened with a gap up of 3.7%, signalling robust buying interest from the outset. This price marks the highest level the stock has traded at in the past 52 weeks, surpassing previous resistance levels and reflecting sustained upward momentum.

The stock has been on a positive trajectory for the last two consecutive trading sessions, delivering a cumulative return of 27.1% during this period. This performance notably outpaced the Non-Ferrous Metals sector, which gained 3.49% on the same day, with Manaksia Aluminium outperforming its sector peers by 4.01%.

Volatility was elevated throughout the trading day, with an intraday volatility of 9.25% calculated from the weighted average price, indicating active trading and significant price swings. Despite this, the stock maintained its upward trend, closing near its peak levels.

Technical Indicators and Moving Averages

From a technical standpoint, Manaksia Aluminium is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of short-, medium-, and long-term moving averages above the current price level is a strong indicator of sustained bullish momentum. The stock’s ability to hold above these averages suggests robust underlying strength and investor confidence in the company’s valuation.

In contrast, the broader Sensex index, while recovering from an initial negative opening, is trading slightly below its 50-day moving average but remains supported by its 200-day average. The Sensex closed at 83,679.07, up 0.12% for the day, and is currently 2.96% shy of its own 52-week high of 86,159.02. This context highlights Manaksia Aluminium’s outperformance relative to the broader market.

Yearly Performance and Market Capitalisation

Over the past year, Manaksia Aluminium Company Ltd has delivered a total return of 34.69%, significantly outperforming the Sensex’s 8.10% gain over the same period. This outperformance underscores the company’s strong positioning within the Non-Ferrous Metals sector and its ability to generate shareholder value amid fluctuating market conditions.

The stock’s 52-week low stands at Rs.17.76, highlighting the substantial recovery and growth achieved in recent months. The current market capitalisation grade for the company is rated 4, reflecting a mid-tier valuation within its industry peer group.

Notably, the company’s Mojo Score has improved to 50.0 with a Mojo Grade upgrade from Sell to Hold as of 6 Jan 2026, signalling a positive shift in the company’s fundamental and technical outlook according to MarketsMOJO’s proprietary evaluation system.

Sector and Market Context

The Non-Ferrous Metals sector, to which Manaksia Aluminium belongs, has experienced a steady rise, gaining 3.49% on the day of the stock’s new high. This sectoral strength has contributed to the stock’s rally, supported by favourable demand dynamics and commodity price trends.

Meanwhile, the broader market environment remains cautiously optimistic. The Sensex’s recovery from an early decline to close marginally higher reflects a balanced investor sentiment, with mega-cap stocks leading the gains. Manaksia Aluminium’s ability to outperform both its sector and the broader market highlights its relative strength and resilience.

Intraday Volatility and Trading Range

The stock’s intraday trading range was notably wide, with a low of Rs.34.24 and a high of Rs.44.31, reflecting heightened volatility of 9.25%. Such price swings indicate active participation from traders and investors, contributing to the dynamic price discovery process. Despite the volatility, the stock’s ability to close near its peak demonstrates strong demand and resilience.

Manaksia Aluminium’s consistent gains over recent sessions and its current trading above all major moving averages suggest that the stock has established a firm technical foundation. This foundation is critical for sustaining momentum and supporting further price stability at elevated levels.

Summary of Key Metrics

To summarise, Manaksia Aluminium Company Ltd’s key performance indicators as of 12 Jan 2026 are:

• New 52-week high: Rs.44.31


• Day’s high increase: 15.33%


• Consecutive gains over 2 days: 27.1% total return


• Outperformance vs sector: 4.01%


• Mojo Score: 50.0 (Hold grade, upgraded from Sell on 6 Jan 2026)


• Market Cap Grade: 4


• Intraday volatility: 9.25%


• 52-week low: Rs.17.76


• 1-year return: 34.69% vs Sensex 8.10%

These figures collectively illustrate the stock’s robust performance and its significant milestone achievement in reaching a new 52-week high.

Market and Sector Overview

The broader market environment, characterised by the Sensex’s modest gains and mega-cap leadership, provides a backdrop of cautious optimism. The Non-Ferrous Metals sector’s positive movement has been a key driver for Manaksia Aluminium’s rally, reflecting sector-specific factors such as commodity price trends and industrial demand.

Manaksia Aluminium’s ability to outperform both its sector and the broader market indices highlights its relative strength and the effectiveness of its current market positioning.

Conclusion

Manaksia Aluminium Company Ltd’s attainment of a new 52-week high at Rs.44.31 marks a significant milestone in its stock price journey. Supported by strong sectoral gains, favourable technical indicators, and a positive shift in its Mojo Grade, the stock has demonstrated considerable momentum and resilience. The substantial returns over the past year and recent sessions underscore the company’s capacity to deliver value within the Non-Ferrous Metals industry context.

As the stock continues to trade above key moving averages and outperforms its sector peers, it remains a noteworthy performer in the current market landscape.

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