Key Events This Week
5 Jan: New 52-week and all-time high of Rs.599
6 Jan: Record high at Rs.628.95 amid continued gains
7 Jan: Stock hits Rs.660.35, extending 21-day gain streak
8 Jan: New peak at Rs.673.55 despite sector weakness
9 Jan: Week closes at Rs.687, marking fresh all-time high
5 January 2026: New 52-Week and All-Time High at Rs.599
Onix Solar Energy Ltd began the week with a strong breakout, hitting a new 52-week and all-time high of Rs.599. The stock opened with a 5.00% gain and maintained this level throughout the session, closing at the intraday peak. This milestone capped a 20-day consecutive gain streak, delivering a 164.93% return over that period. The stock outperformed its Non-Ferrous Metals sector peers by 3.66% despite the Sensex declining 0.18%, signalling robust investor demand and technical strength.
6 January 2026: Momentum Continues with Rs.628.95 High
On 6 January, the stock extended its rally, reaching Rs.628.95, a fresh 52-week and all-time high. The 5.00% daily gain outpaced the sector’s 2.16% rise and contrasted with the Sensex’s 0.19% decline. This marked the 21st consecutive trading day of gains, with a cumulative return of 178.17%. The stock’s price remained above all key moving averages, reinforcing the bullish trend and investor confidence.
7 January 2026: Rs.660.35 Sets New Record Amid Market Volatility
Onix Solar Energy Ltd continued its ascent on 7 January, hitting Rs.660.35, a 4.99% gain from the previous close. The stock maintained this level throughout the day, outperforming the sector by 4.49% while the Sensex declined 0.18%. This day marked the 21st consecutive gain, with a total return of 178.16% over this period. The stock’s technical indicators remained strongly positive, trading above all major moving averages.
Quarter after quarter, this Small Cap from the Lifestyle sector delivers without fail! Just added to our Reliable Performers with proven staying power. Stability meets growth here beautifully.
- - Consistent quarterly delivery
- - Proven staying power
- - Stability with growth
See the Consistent Performer →
8 January 2026: New High of Rs.673.55 Despite Sector Weakness
On 8 January, the stock reached Rs.673.55, marking another 52-week and all-time high. The 2.00% gain was notable as the Non-Ferrous Metals sector declined 4.96%, highlighting Onix Solar’s relative strength. The Sensex also fell 0.38%, underscoring the stock’s outperformance in a challenging market. The 21-day consecutive gain streak continued, with a 170.23% return over this period. The stock remained above all key moving averages, signalling sustained bullish momentum.
9 January 2026: Week Closes at Rs.687, Setting Fresh All-Time High
On the final trading day of the week, Onix Solar Energy Ltd touched Rs.687, a new 52-week and all-time high, closing with a 2.00% gain. Despite the sector gaining 2.42%, the stock slightly underperformed by 0.42% on the day but maintained its elevated price level throughout the session. The Sensex declined 0.89%, further emphasising the stock’s resilience. The 21-day consecutive gain streak yielded a 162.51% return, underscoring the stock’s exceptional performance over recent weeks.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-01-05 | Rs.599.00 | +5.00% | 37,730.95 | -0.18% |
| 2026-01-06 | Rs.628.95 | +5.00% | 37,657.70 | -0.19% |
| 2026-01-07 | Rs.660.35 | +4.99% | 37,669.63 | +0.03% |
| 2026-01-08 | Rs.673.55 | +2.00% | 37,137.33 | -1.41% |
| 2026-01-09 | Rs.687.00 | +2.00% | 36,807.62 | -0.89% |
Why settle for Onix Solar Energy Ltd? SwitchER evaluates this micro-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- - Comprehensive evaluation done
- - Superior opportunities identified
- - Smart switching enabled
Key Takeaways from the Week
Strong Momentum and Consecutive Gains: The stock’s 21-day consecutive gain streak, culminating in a 162.51% to 178.17% return range, highlights sustained investor confidence and robust buying interest.
Consistent New Highs: Each trading day saw new 52-week and all-time highs, reflecting a powerful uptrend and technical strength above all major moving averages.
Outperformance vs Market and Sector: The stock outperformed the Sensex by over 17% during the week, while also frequently exceeding sector gains, underscoring its leadership within the Non-Ferrous Metals industry.
Rating Upgrade and Market Cap Stability: The Mojo Grade upgrade from Sell to Hold on 1 January 2026, alongside a Market Cap Grade of 4, signals improved market perception and a solid mid-tier capitalisation.
Sector Divergence: Notably, the stock maintained gains even on days when the Non-Ferrous Metals sector declined, demonstrating resilience amid sector volatility.
Conclusion
Onix Solar Energy Ltd’s performance during the week of 5 to 9 January 2026 was characterised by exceptional gains, consistent record highs, and strong technical momentum. The stock’s ability to deliver a 20.42% weekly return amid a declining Sensex (-2.62%) highlights its relative strength and market leadership within the Non-Ferrous Metals sector. The upgrade in Mojo Grade to Hold and the sustained trading above all key moving averages reinforce the positive outlook on the stock’s near-term trajectory. While the broader market faced headwinds, Onix Solar Energy Ltd’s rally underscores its capacity to generate significant shareholder value through a combination of favourable fundamentals and robust investor demand.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
