Stock Performance and Price Movement
On 4 Feb 2026, Maxgrow India Ltd's shares opened with a gap up, rising 4.99% to Rs.66.55, which also represented the day’s intraday high. Remarkably, the stock maintained this price level throughout the trading session, closing at the peak of its range. This marks a fresh 52-week high, surpassing previous price levels and signalling renewed strength in the stock’s trajectory.
The stock has demonstrated consistent upward movement, gaining for four consecutive trading days and delivering a cumulative return of 21.49% during this period. This streak of gains underscores a sustained positive momentum that has propelled the stock to its current peak.
Despite some erratic trading patterns, with the stock not trading on two days out of the last twenty, the recent rally has been robust. The stock’s performance today notably outpaced its sector, the BPO/ITeS segment, which declined by 3.58%, highlighting Maxgrow India Ltd’s relative strength amid broader sector weakness.
Technical Indicators and Moving Averages
From a technical standpoint, Maxgrow India Ltd is trading comfortably above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of moving averages in the stock’s favour typically indicates a strong bullish trend and supports the sustainability of the current price levels.
The stock’s ability to open at its high price and maintain that level throughout the day suggests strong demand and limited selling pressure at these elevated levels. This price stability at the new high is a positive technical signal, often interpreted as a confirmation of the breakout.
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Market Context and Comparative Analysis
While Maxgrow India Ltd has surged to new highs, the broader market environment presents a mixed picture. The Sensex opened sharply lower by 487.07 points but recovered strongly to close with a modest gain of 0.12%, trading at 83,840.33. This recovery was led by mega-cap stocks, which outperformed the broader market. However, the Sensex remains 2.77% below its own 52-week high of 86,159.02, indicating some caution in the wider market.
In contrast to Maxgrow India Ltd’s recent gains, the BPO/ITeS sector has experienced a decline of 3.58% today, underscoring the stock’s outperformance relative to its peers. Over the past year, Maxgrow India Ltd’s stock price has remained flat with a 0.00% return, while the Sensex has delivered a 6.69% gain. The recent rally thus represents a significant shift in the stock’s price dynamics compared to its longer-term performance.
Mojo Score and Rating Update
Maxgrow India Ltd currently holds a Mojo Score of 60.0, which corresponds to a Mojo Grade of Hold. This rating reflects an upgrade from its previous Sell grade, which was revised on 1 Oct 2025. The upgrade indicates an improvement in the stock’s underlying fundamentals and market sentiment, aligning with the recent price appreciation and technical strength.
The company’s Market Cap Grade stands at 4, suggesting a mid-tier market capitalisation relative to its peers. This grading, combined with the recent price action, positions Maxgrow India Ltd as a stock exhibiting renewed interest and momentum within its segment.
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Historical Price Range and Volatility
Over the past 52 weeks, Maxgrow India Ltd’s stock price has ranged from a low of Rs.1.22 to today’s new high of Rs.66.55. This wide range reflects significant volatility and price appreciation potential within the stock. The recent breakout to the upper end of this range marks a pivotal moment in the stock’s price history.
The stock’s erratic trading days, where it did not trade on two occasions in the last twenty days, suggest some liquidity constraints or market-specific factors affecting trading activity. Nonetheless, the current momentum has overcome these interruptions, driving the stock to fresh highs.
Summary of Key Metrics
To summarise, Maxgrow India Ltd’s key metrics as of 4 Feb 2026 are:
- New 52-week high price: Rs.66.55
- Day’s gain: 4.99%
- Consecutive gain period: 4 days
- Return over last 4 days: 21.49%
- Mojo Score: 60.0 (Hold grade)
- Market Cap Grade: 4
- Sector performance: BPO/ITeS down 3.58% today
- Sensex performance: +0.12% today, 2.77% below 52-week high
These figures highlight the stock’s strong recent performance relative to both its sector and the broader market indices.
Conclusion
Maxgrow India Ltd’s achievement of a new 52-week high at Rs.66.55 marks a significant milestone in its price journey. Supported by a series of consecutive gains, favourable technical indicators, and an upgrade in its Mojo Grade, the stock has demonstrated robust momentum. While broader market conditions remain mixed, Maxgrow India Ltd’s relative outperformance within its sector and its ability to sustain elevated price levels underscore the strength of this rally.
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