NDR Auto Components Ltd Faces Bearish Momentum Amid Technical Downgrade

Price Movement and Market Context

As of 12 Feb 2026, NDR Auto Components Ltd closed at ₹760.75, down 4.51% from the previous close of ₹796.65. The intraday range saw a high of ₹791.75 and a low of ₹752.80, reflecting heightened volatility. The stock remains significantly below its 52-week high of ₹1,218.70, while comfortably above its 52-week low of ₹550.00, indicating a wide trading band over the past year.

Comparatively, the stock’s year-to-date (YTD) return stands at -8.97%, underperforming the Sensex’s modest decline of -1.16% over the same period. Over the one-year horizon, NDR Auto Components has marginally declined by 0.81%, whereas the Sensex has appreciated by 10.41%. However, the company’s long-term performance remains impressive, with a three-year return of 380.92% vastly outpacing the Sensex’s 38.81%, and a five-year return of 1160.82% compared to the benchmark’s 63.46%.

Technical Indicators Signal Bearish Shift

The technical landscape for NDR Auto Components has shifted notably. The overall technical trend has moved from mildly bearish to outright bearish, reflecting increased selling pressure and weakening momentum.

The Moving Average Convergence Divergence (MACD) indicator remains bearish on the weekly chart and mildly bearish on the monthly chart, signalling that downward momentum is entrenched in the short to medium term. The Relative Strength Index (RSI) currently shows no clear signal on both weekly and monthly timeframes, suggesting the stock is neither oversold nor overbought, but the lack of bullish RSI momentum adds to the cautious outlook.

Bollinger Bands on both weekly and monthly charts indicate a mildly bearish stance, with the price trending towards the lower band, often a sign of increased volatility and potential continuation of the downtrend. Daily moving averages reinforce this bearish sentiment, with the stock trading below key averages, confirming short-term weakness.

Additional Technical Measures

The Know Sure Thing (KST) oscillator is bearish on the weekly chart and mildly bearish on the monthly chart, further corroborating the negative momentum. Dow Theory presents a mixed picture: mildly bullish on the weekly timeframe but mildly bearish on the monthly, indicating some short-term resilience amid longer-term pressure.

On-Balance Volume (OBV) analysis shows no clear trend on the weekly chart but mildly bearish signals on the monthly, suggesting that volume flows are not strongly supporting price advances. This volume weakness often precedes further price declines.

Mojo Score and Grade Downgrade

MarketsMOJO’s proprietary scoring system currently assigns NDR Auto Components a Mojo Score of 30.0, categorising it firmly in the Sell territory. This represents a downgrade from the previous Hold grade, effective from 22 Dec 2025. The downgrade reflects the deteriorating technical indicators and the stock’s recent underperformance relative to the broader market and sector peers.

The company’s Market Cap Grade stands at 3, indicating a mid-tier market capitalisation relative to its industry cohort. This grade, combined with the technical signals, suggests that investors should exercise caution and consider the risk-reward profile carefully before initiating or adding to positions.

Sector and Industry Context

NDR Auto Components operates within the Auto Components & Equipments sector, a segment that has faced mixed fortunes amid global supply chain disruptions and fluctuating demand in the automotive industry. While the sector has shown pockets of resilience, the technical weakness in NDR Auto Components contrasts with some peers that have maintained stronger momentum.

Investors should note that the stock’s recent price weakness may be partly attributable to broader sector headwinds, but the technical deterioration suggests company-specific factors are also at play.

Long-Term Performance and Investor Implications

Despite the current bearish technical signals, NDR Auto Components’ long-term performance remains robust. The stock’s three-year and five-year returns have significantly outpaced the Sensex, highlighting its capacity for substantial capital appreciation over extended periods. This historical strength may offer some comfort to long-term investors, though the near-term technical outlook advises prudence.

Given the mixed signals from Dow Theory and the absence of strong RSI momentum, investors should monitor upcoming price action closely. A sustained break below recent support levels could confirm further downside, while any reversal in MACD or moving averages might signal a potential recovery.

Conclusion: Navigating the Bearish Terrain

The technical parameter changes for NDR Auto Components Ltd clearly indicate a shift towards a bearish momentum, with multiple indicators aligning to suggest increased downside risk. The downgrade in Mojo Grade to Sell underscores the need for caution, especially given the stock’s underperformance relative to the Sensex and sector peers in recent months.

While the company’s long-term track record remains impressive, the current technical environment advises investors to reassess their positions and consider risk management strategies. Monitoring key support levels and technical indicators such as MACD and moving averages will be crucial in the coming weeks to gauge any potential reversal or further deterioration.

In a market where technical momentum often dictates near-term price action, NDR Auto Components Ltd’s bearish signals warrant close attention from both traders and long-term investors alike.

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