Key Events This Week
16 Feb: Mojo Grade upgraded to Hold on improved technicals and financials
18 Feb: New 52-week high reached at Rs.8.28
19 Feb: Another 52-week high at Rs.8.65 followed by a short-term correction
20 Feb: Week closes at Rs.7.90, slightly down from previous day
16 February: Mojo Grade Upgrade Spurs Early Week Gains
On 16 February 2026, Nihar Info Global Ltd’s mojo rating was upgraded from 'Sell' to 'Hold' by MarketsMOJO, reflecting improved technical indicators and robust financial performance. This upgrade was driven by a bullish shift in technical momentum, including a positive MACD on the weekly chart and supportive Bollinger Bands across weekly and monthly timeframes. The company’s third-quarter results showed a 52.2% increase in net sales to ₹9.01 crores and a quarterly peak in PBDIT at ₹0.37 crores, signalling operational improvements.
The stock responded positively, closing at Rs.7.52, up 4.88% on the day, outperforming the Sensex’s 0.70% gain. This marked the beginning of a sustained rally, supported by the upgrade and growing investor confidence in the company’s stabilising fundamentals despite lingering concerns over long-term profitability and promoter share pledging.
18 February: New 52-Week High at Rs.8.28 Amid Strong Rally
Continuing its upward trajectory, Nihar Info Global Ltd hit a new 52-week high of Rs.8.28 on 18 February 2026, marking an impressive gain of 4.94% on the day. This milestone capped eight consecutive sessions of gains, during which the stock delivered a remarkable 41.54% return. The rally was underpinned by the stock’s outperformance against its sector by 6.38%, even as the Sensex closed slightly lower by 0.3% that day.
Technical indicators remained bullish, with the stock trading above all key moving averages, signalling sustained momentum. The one-year return stood at 51.37%, significantly outpacing the Sensex’s 9.59% gain, highlighting the stock’s resilience and strong recovery from its 52-week low of Rs.4.01.
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19 February: Fresh 52-Week High at Rs.8.65 Followed by Profit Booking
On 19 February 2026, Nihar Info Global Ltd reached another 52-week high at Rs.8.65, extending its year-on-year price appreciation to 51.92%. Despite this new peak, the stock declined 3.86% intraday to close at Rs.7.96, reflecting a short-term correction after a strong eight-day rally. This pullback occurred amid broader market volatility, with the Sensex falling 1.45% that day.
Technical analysis showed the stock remained above all major moving averages (5, 20, 50, 100, and 200 days), indicating that the underlying bullish trend was intact despite the temporary setback. The Mojo Score remained steady at 51.0 with a Hold rating, reflecting a balanced view of the company’s improving fundamentals and ongoing risks.
20 February: Week Closes Slightly Lower Amid Market Recovery
The week concluded on 20 February 2026 with the stock closing at Rs.7.90, down 0.75% from the previous day’s close. Trading volume was notably low at 1,501 shares, suggesting subdued investor activity. Meanwhile, the Sensex rebounded 0.41% to close at 36,674.32, indicating a mild recovery in the broader market.
Despite the slight decline, Nihar Info Global Ltd ended the week with a strong 10.18% gain, significantly outperforming the Sensex’s 0.39% rise. The stock’s resilience amid market fluctuations underscores the positive impact of recent technical upgrades and financial improvements.
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Daily Price Comparison: Nihar Info Global Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-16 | Rs.7.52 | +4.88% | 36,787.89 | +0.70% |
| 2026-02-17 | Rs.7.89 | +4.92% | 36,904.38 | +0.32% |
| 2026-02-18 | Rs.8.28 | +4.94% | 37,062.35 | +0.43% |
| 2026-02-19 | Rs.7.96 | -3.86% | 36,523.88 | -1.45% |
| 2026-02-20 | Rs.7.90 | -0.75% | 36,674.32 | +0.41% |
Key Takeaways
Positive Signals: The upgrade to a Hold rating by MarketsMOJO on 13 February 2026 was a pivotal event, reflecting improved technical momentum and strong quarterly sales growth. The stock’s consistent gains over eight sessions and new 52-week highs at Rs.8.28 and Rs.8.65 demonstrate robust investor interest and resilience amid broader market volatility. Technical indicators remain supportive, with the stock trading above all major moving averages, signalling sustained bullish momentum.
Cautionary Notes: Despite recent gains, the company’s long-term fundamentals remain mixed. Operating profit has declined sharply over five years, and the company continues to report negative EBITDA and weak debt servicing capacity. Additionally, promoter share pledging at 26.9% poses a risk of forced selling under adverse market conditions. The short-term correction on 19 February after the new high suggests some profit booking and volatility that investors should monitor.
Conclusion
Nihar Info Global Ltd’s 10.18% weekly gain significantly outpaced the Sensex’s 0.39% rise, driven by a mojo rating upgrade, strong quarterly financials, and sustained technical strength. The stock’s achievement of new 52-week highs amid a volatile market environment highlights its relative strength and improving market perception. However, underlying fundamental challenges and promoter share pledging warrant a cautious stance. The Hold rating reflects a balanced view, suggesting that while the stock shows signs of stabilisation and recovery, investors should remain vigilant to evolving market and company-specific developments.
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