Pashupati Cotspin Ltd Hits New 52-Week High at Rs.970

Stock Performance and Price Movement

On 24 Feb 2026, Pashupati Cotspin Ltd’s stock price surged to Rs.970, marking its highest level in the past year and surpassing previous resistance points. This new peak comes after a remarkable run of 12 consecutive days of gains, demonstrating robust buying interest and positive market sentiment within the garments and apparels industry. Despite a minor pullback today with a day change of -0.67%, the stock outperformed its sector by 1.36%, maintaining its position as a strong performer amid broader market fluctuations.

The stock is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of moving averages indicates a sustained upward trend and technical strength, which has been a key driver behind the stock’s rally to new highs.

Context Within the Broader Market

While Pashupati Cotspin Ltd has achieved a flat 1-year performance of 0.00%, the benchmark Sensex has recorded a 10.85% gain over the same period. Notably, the Sensex itself is trading 4.35% below its own 52-week high of 86,159.02, closing at 82,565.35 after a decline of 487.19 points (-0.88%) on the day. The index opened 242.12 points lower, reflecting a cautious market environment. Despite this, Pashupati Cotspin Ltd’s ability to reach a new 52-week high amid a broadly subdued market highlights its relative strength within the garments and apparels sector.

The stock’s 52-week low stands at Rs.584, illustrating a significant appreciation of nearly 66% from its lowest point in the past year. This wide price range underscores the volatility experienced by the stock but also emphasises the recent positive momentum that has propelled it to record levels.

Mojo Score and Ratings Update

Pashupati Cotspin Ltd currently holds a Mojo Score of 37.0, which corresponds to a Mojo Grade of Sell. This represents an upgrade from its previous Strong Sell grade, which was revised on 19 Jan 2026. The improvement in the Mojo Grade suggests a positive shift in the company’s underlying fundamentals or market perception, although the rating remains cautious. The Market Cap Grade stands at 4, indicating a mid-tier market capitalisation relative to peers in the garments and apparels sector.

Technical Indicators and Trend Analysis

The stock’s trading above all major moving averages signals a strong bullish trend. The 5-day and 20-day moving averages have been trending upwards, supporting the recent price gains. The 50-day, 100-day, and 200-day moving averages also confirm a longer-term positive momentum. However, after the 12-day consecutive rise, the stock experienced a slight decline today, which may represent a short-term consolidation phase following the rapid ascent.

Such technical behaviour is common after extended rallies, as investors and traders reassess valuations and take partial profits. Nonetheless, the overall trend remains intact, with the stock maintaining its position well above critical support levels.

Sectoral Performance and Comparison

Within the garments and apparels sector, Pashupati Cotspin Ltd’s performance stands out given the broader market’s cautious tone. The sector has faced mixed conditions, but the company’s stock has demonstrated resilience and relative strength. The outperformance of 1.36% against the sector on the day of the new high further highlights its leadership position.

Comparing the stock’s 52-week high of Rs.970 to its 52-week low of Rs.584 reveals a substantial price appreciation of approximately 66%, which is notable in a sector that has experienced varied demand dynamics over the past year.

Summary of Key Metrics

To summarise, Pashupati Cotspin Ltd’s stock has achieved a significant milestone by hitting Rs.970, its highest price in 52 weeks and all time. The stock’s performance is supported by a positive technical setup, including trading above all major moving averages and a recent upgrade in its Mojo Grade from Strong Sell to Sell. Despite a broadly declining Sensex on the day, the stock outperformed its sector and maintained strong momentum.

The 1-year price range from Rs.584 to Rs.970 reflects a substantial recovery and growth phase, while the current Mojo Score of 37.0 and Market Cap Grade of 4 provide additional context on the company’s standing within the market and sector.

Overall, the stock’s new 52-week high represents a noteworthy achievement for Pashupati Cotspin Ltd, highlighting its resilience and upward trajectory in a competitive industry landscape.

Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →