Strong Momentum Drives Record Price
On 2 Jan 2026, Onix Solar Energy Ltd opened the trading session with a 5.00% gain, immediately hitting its intraday high of Rs.570.5. The stock maintained this level throughout the day, signalling strong investor confidence and demand. This price marks the highest level ever recorded for the company, surpassing previous 52-week highs and setting a new benchmark.
The stock’s performance today notably outpaced the broader sector, outperforming the Non - Ferrous Metals sector by 4.55%. In comparison, the Sensex index recorded a modest gain of 0.23%, highlighting Onix Solar’s exceptional relative strength.
Impressive Consecutive Gains and Long-Term Growth
Onix Solar Energy Ltd has been on a remarkable upward trend, registering gains for 19 consecutive trading days. Over this period, the stock has delivered an extraordinary return of 152.32%, a testament to sustained positive momentum and investor interest.
Examining the longer-term performance, the stock’s returns have been equally compelling. Over one month, it surged by 116.39%, while the three-month return stands at 100.49%. The one-year performance is even more striking, with a 124.39% increase, dwarfing the Sensex’s 6.81% gain over the same period.
Extending the horizon further, Onix Solar’s three-year return is an exceptional 846.10%, and over five years, the stock has appreciated by a staggering 9504.38%. Even over a decade, the company has delivered a remarkable 3295.83% return, far exceeding the Sensex’s 226.39% growth in that timeframe.
Under the radar no more! This Large Cap from Cement is emerging from turnaround with solid fundamentals intact. Discover it while it's still relatively hidden!
- - Hidden turnaround gem
- - Solid fundamentals confirmed
- - Large Cap opportunity
Technical Indicators Confirm Strength
The stock’s technical positioning further supports its strong performance. Onix Solar is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment indicates a robust bullish trend and suggests that the stock has maintained upward momentum across short, medium, and long-term timeframes.
The opening gap up of 5% today also reflects positive market sentiment and a strong demand-supply dynamic favouring the stock.
Mojo Score and Market Capitalisation Insights
Onix Solar Energy Ltd holds a Mojo Score of 50.0, which corresponds to a Mojo Grade of Hold as of 1 Jan 2026, upgraded from a previous Sell rating. This upgrade reflects an improvement in the company’s overall quality and market perception. The Market Cap Grade stands at 4, indicating a sizeable market capitalisation relative to its peers in the Non - Ferrous Metals sector.
These metrics provide a balanced view of the company’s current standing, recognising its strong price performance while maintaining a cautious stance on valuation and quality factors.
Comparative Performance Against Benchmarks
When compared with the Sensex, Onix Solar’s performance is markedly superior across all measured periods. For instance, the stock’s year-to-date return of 10.24% significantly outpaces the Sensex’s 0.19%. Similarly, the one-week gain of 27.60% contrasts sharply with the Sensex’s 0.41% rise.
This consistent outperformance highlights the company’s ability to generate substantial shareholder value relative to the broader market and its sector peers.
Considering Onix Solar Energy Ltd? Wait! SwitchER has found potentially better options in Non - Ferrous Metals and beyond. Compare this micro-cap with top-rated alternatives now!
- - Better options discovered
- - Non - Ferrous Metals + beyond scope
- - Top-rated alternatives ready
Sector and Industry Context
Operating within the Non - Ferrous Metals industry and sector, Onix Solar Energy Ltd’s performance stands out as a significant achievement. The sector is known for its cyclical nature and sensitivity to global commodity prices, yet the company has managed to deliver sustained growth and price appreciation.
This resilience is reflected in the stock’s ability to maintain gains over multiple time horizons, including the recent 19-day consecutive rise and the impressive multi-year returns.
Summary of Key Metrics
To encapsulate, Onix Solar Energy Ltd’s key performance indicators as of 2 Jan 2026 are:
- All-time high price: Rs.570.5
- Day’s gain: 5.00%
- Consecutive gain days: 19
- 19-day return: 152.32%
- 1-month return: 116.39%
- 3-month return: 100.49%
- 1-year return: 124.39%
- 3-year return: 846.10%
- 5-year return: 9504.38%
- 10-year return: 3295.83%
- Mojo Score: 50.0 (Hold)
- Market Cap Grade: 4
These figures collectively illustrate a company that has delivered exceptional value to shareholders over both short and long-term periods.
Conclusion
Onix Solar Energy Ltd’s attainment of a new all-time high at Rs.570.5 marks a significant milestone in its market journey. Supported by strong technical indicators, consistent gains, and a notable upgrade in its Mojo Grade, the company’s stock performance reflects a robust and sustained rally within the Non - Ferrous Metals sector. The impressive returns across multiple timeframes further underscore the stock’s remarkable growth story to date.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today
