Nirman Agri Genetics Ltd’s Volatile Week: 10% Surge Followed by Consecutive Lower Circuits

9 February 2026: Upper Circuit Hit on Strong Buying Pressure

Nirman Agri Genetics Ltd surged to its upper circuit limit, closing at Rs.69.85, a 10.00% gain from the previous close of Rs.63.50. The stock’s intraday low was Rs.58.10, reflecting significant volatility. Trading volume was robust at 2.151 lakh shares, generating a turnover of approximately Rs.1.38 crore. This surge was driven by intense buying interest, resulting in a regulatory freeze on further transactions for the day due to unfilled demand.

The stock outperformed the broader sector’s 1.31% gain and the Sensex’s 0.40% rise, although it marginally underperformed the sector in relative terms. Technically, the price closed above its 5-day, 20-day, and 50-day moving averages, signalling short- to medium-term bullish momentum, but remained below the 100-day and 200-day averages, indicating longer-term resistance.

Despite the bullish price action, the company’s Mojo Score stood at 29.0 with a Strong Sell rating, reflecting fundamental concerns. The micro-cap stock’s market capitalisation was approximately Rs.53.66 crore, with liquidity adequate for retail investors but limited for larger trades.

10 February 2026: Another Upper Circuit Amid Continued Buying Momentum

The bullish momentum extended into 10 February, with the stock again hitting the upper circuit at Rs.73.30, a 4.94% gain from the previous close. The total traded volume was 0.843 lakh shares, with turnover of Rs.0.62 crore. Nirman Agri Genetics outperformed its sector by 3.99%, while the sector itself gained 3.07% and the Sensex rose 0.32%.

Investor participation increased, with delivery volumes on 9 February rising by 179.01% compared to the five-day average, indicating growing conviction. The stock remained above its short-term moving averages but below longer-term averages, suggesting that while immediate sentiment was positive, longer-term resistance persisted.

The regulatory freeze again capped gains, signalling unfilled demand. The Mojo Grade remained Strong Sell, cautioning investors despite the short-term price strength.

11 February 2026: Sharp Reversal with Lower Circuit Triggered

Following two days of strong gains, Nirman Agri Genetics Ltd plunged to its lower circuit limit at Rs.69.65, a 4.98% decline from the previous close. The stock’s price band was fully utilised to the downside, halting further declines for the session. Trading volume was 0.162 lakh shares with turnover of Rs.0.11 crore, reflecting relatively low liquidity.

This sharp fall contrasted with the sector’s modest 0.16% gain and the Sensex’s near-flat performance, underscoring company-specific selling pressure. Delivery volumes on 10 February rose by 10.94%, indicating some investor participation ahead of the drop. Technically, the stock remained above short-term moving averages but below longer-term averages, reflecting mixed momentum.

The Mojo Score remained at 29.0 with a Strong Sell rating, reinforcing the bearish outlook amid deteriorating fundamentals and heightened investor anxiety.

12 February 2026: Continued Selling Pressure and Lower Circuit Hit

The downward trend persisted on 12 February, with the stock again hitting the lower circuit at Rs.66.20, a 4.95% loss. The stock significantly underperformed its sector, which declined 0.42%, and the Sensex, which fell 0.45%. Trading volume was sharply reduced to 0.024 lakh shares, with turnover of Rs.0.0159 crore, indicating diminished investor interest.

Delivery volume plummeted by 83.82% compared to the five-day average, signalling retreat by long-term holders. The stock remained above short-term moving averages but below the 100-day and 200-day averages, suggesting a longer-term downtrend. The company’s micro-cap status and Strong Sell Mojo Grade continued to weigh on sentiment.

13 February 2026: Third Consecutive Lower Circuit Amid Heavy Selling

The week closed with Nirman Agri Genetics Ltd hitting the lower circuit for the third consecutive session at Rs.62.90, a 4.98% decline. This loss was steeper than the sector’s 2.46% fall and the Sensex’s 0.98% drop, highlighting intense company-specific selling pressure. Trading volume remained subdued at 0.024 lakh shares, with turnover of Rs.0.015 crore.

Delivery volume on 12 February plunged by 91.88%, reflecting sharply reduced investor participation and confidence. Technically, the stock was below its 5-day, 100-day, and 200-day moving averages but above the 20-day and 50-day averages, indicating short-term weakness amid some medium-term support.

The micro-cap stock’s market capitalisation was approximately Rs.53.00 crore, with a Mojo Score of 29.0 and a Strong Sell rating, underscoring the negative outlook. The persistent lower circuits and falling volumes suggest continued volatility and downside risk.

Key Takeaways

The week for Nirman Agri Genetics Ltd was marked by extreme volatility, with an initial surge driven by strong buying interest and upper circuit hits on 9 and 10 February, followed by three consecutive lower circuit triggers amid heavy selling pressure. The stock’s micro-cap status and limited liquidity contributed to sharp price swings on relatively low volumes.

Despite short-term technical strength above some moving averages during the rally, the stock remained below longer-term resistance levels, reflecting an uncertain medium- to long-term outlook. The persistent Strong Sell Mojo Grade and low Mojo Score of 29.0 highlight fundamental concerns that have weighed on investor sentiment.

Investor participation fluctuated significantly, with delivery volumes spiking during the rally but collapsing during the sell-off, indicating shifting conviction and confidence. The stock consistently underperformed the broader market during the latter half of the week, emphasising company-specific challenges amid a relatively stable sector and market environment.

Conclusion

Nirman Agri Genetics Ltd’s trading week from 9 to 13 February 2026 encapsulated a dramatic shift from bullish enthusiasm to pronounced bearishness. The initial upper circuit gains reflected strong speculative interest and short-term momentum, but the subsequent lower circuit triggers and declining volumes underscored fundamental weaknesses and investor caution.

While the stock demonstrated capacity for sharp rallies, the prevailing Strong Sell rating and micro-cap classification suggest heightened risk and volatility. Market participants should closely monitor any fundamental developments or sectoral changes that could alter the stock’s trajectory. Until then, the stock’s outlook remains challenging, with limited upside and significant downside risk in the near term.

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