Mukat Pipes Ltd Stock Hits All-Time High at Rs 33.62 on 2 Feb 2026

Historic Price Milestone and Daily Performance

On the trading day of 2 Feb 2026, Mukat Pipes Ltd opened with a notable gap up of 4.62%, reaching an intraday peak of Rs.33.62, which represents the highest price level ever recorded for the stock. The price movement was contained within a narrow range of Rs.0.12, indicating a steady upward momentum without excessive volatility. This performance outshone the broader Sensex, which advanced by a modest 0.50% on the same day, and the stock also outperformed its sector by 4.8%.

Extended Rally and Moving Averages

The stock has been on a remarkable winning streak, registering gains for 13 consecutive trading days. Over this period, Mukat Pipes Ltd has delivered an extraordinary return of 156.84%, reflecting strong investor confidence and consistent buying interest. The stock currently trades above all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – signalling a robust technical uptrend and sustained positive momentum.

Comparative Performance Against Sensex

When analysed over various time frames, Mukat Pipes Ltd’s performance stands out distinctly against the Sensex benchmark. Over one week, the stock surged 25.99% while the Sensex declined by 0.51%. The one-month return of 139.29% starkly contrasts with the Sensex’s 5.41% fall. Over three months, Mukat Pipes Ltd gained 112.56% compared to the Sensex’s 3.35% decline. Even on a one-year horizon, the stock’s 84.88% appreciation far exceeds the Sensex’s modest 4.67% rise.

Long-Term Growth Trajectory

Over a three-year span, Mukat Pipes Ltd has delivered a staggering 318.23% return, vastly outperforming the Sensex’s 35.36% gain. The five-year performance is even more striking, with the stock appreciating by 1350.22%, compared to the Sensex’s 62.91%. Over the past decade, the company has maintained a strong growth trajectory, with a 1319.49% increase in share price, although this is somewhat below the Sensex’s 230.60% rise over the same period.

Market Capitalisation and Mojo Ratings

Mukat Pipes Ltd holds a Market Cap Grade of 4, reflecting its standing within the micro-cap segment of the Iron & Steel Products industry. The company’s Mojo Score currently stands at 40.0, with a Mojo Grade of Sell, an improvement from the previous Strong Sell rating as of 27 Jan 2026. This upgrade indicates a positive shift in the company’s fundamental and market metrics, although the rating suggests cautious consideration.

Sector Context and Relative Strength

The Iron & Steel Products sector has experienced mixed performance recently, with Mukat Pipes Ltd emerging as a clear outperformer. The stock’s ability to sustain gains above all major moving averages and its consistent outperformance relative to both sector peers and the Sensex highlight its relative strength and resilience in a competitive market environment.

Summary of Key Metrics

The stock’s recent performance is characterised by a 13-day consecutive gain streak, a 156.84% return over this period, and a new 52-week high of Rs.33.62. The day’s trading saw a 4.62% increase, with the stock outperforming both the Sensex and its sector. The upward momentum is supported by the stock trading above all major moving averages, signalling sustained investor interest and technical strength.

Conclusion

Mukat Pipes Ltd’s achievement of an all-time high price marks a significant milestone in its market journey. The stock’s strong performance across multiple time frames, coupled with improved Mojo ratings and consistent outperformance of benchmarks, reflects a period of notable strength for the company within the Iron & Steel Products sector. This milestone underscores the company’s resilience and capacity to deliver substantial returns over both short and long-term horizons.

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