Intraday Price Movement and Trading Action
The stock opened with a significant gap up of 17.88%, setting a positive tone for the trading session. Throughout the day, PDS Ltd maintained its upward trajectory, touching a peak price of Rs 389. This represents a substantial recovery following two consecutive days of decline, signalling a reversal in short-term trend.
Trading volumes and price action indicate strong buying interest, with the stock outperforming its sector peers. The textile sector itself gained 9.78% on the day, yet PDS Ltd outperformed this benchmark by 1.45%, underscoring its relative strength within the segment.
Technical Positioning and Moving Averages
From a technical standpoint, PDS Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a positive momentum across multiple timeframes, reinforcing the strength of the current rally.
The stock’s ability to sustain levels above these moving averages after a gap up opening is a notable development, often interpreted as a bullish signal by market participants.
Market Context and Broader Indices
On the same day, the Sensex opened sharply higher by 3,656.74 points but subsequently lost momentum, closing down by 1,474.95 points to 83,848.25, a decline of 2.67%. Despite this pullback, the Sensex remains close to its 52-week high, just 2.76% shy of the peak at 86,159.02.
While the Sensex traded below its 50-day moving average, the 50DMA itself remains above the 200DMA, indicating a longer-term positive trend. Mega-cap stocks led the market gains earlier in the session, though the broader market saw some profit-taking by close.
This week's revealed pick, a Large Cap from Public Banks with TARGET PRICE, is already showing movement! Get the complete analysis before it's too late.
- - Target price included
- - Early movement detected
- - Complete analysis ready
Performance Comparison with Sensex and Sector
Examining PDS Ltd’s recent performance relative to the Sensex reveals mixed trends. Over the past day, the stock gained 7.82%, significantly outperforming the Sensex’s 2.76% rise. Over the last week, PDS Ltd’s gain of 9.04% also exceeded the Sensex’s 2.52% increase.
However, over longer periods, the stock has lagged the benchmark. The one-month return stands at -3.41% compared to the Sensex’s -2.15%, while the three-month performance shows a decline of 6.07% versus a marginal 0.07% drop in the Sensex. Year-to-date, PDS Ltd is down 4.65%, underperforming the Sensex’s 1.52% fall.
Over extended horizons, the stock’s returns have been more favourable. The five-year gain of 184.66% notably surpasses the Sensex’s 66.99%, and the ten-year return of 735.60% dwarfs the Sensex’s 246.45%, reflecting strong long-term growth despite recent volatility.
Mojo Score and Rating Update
PDS Ltd currently holds a Mojo Score of 36.0, categorised under a Sell grade. This rating was downgraded from Hold on 28 July 2025, reflecting a reassessment of the stock’s outlook based on recent performance and other metrics. The company’s market capitalisation grade stands at 3, indicating a mid-tier valuation within its sector.
These ratings provide a snapshot of the stock’s standing within the Garments & Apparels industry, which continues to experience varied performance across its constituents.
Considering PDS Ltd? Wait! SwitchER has found potentially better options in Garments & Apparels and beyond. Compare this small-cap with top-rated alternatives now!
- - Better options discovered
- - Garments & Apparels + beyond scope
- - Top-rated alternatives ready
Sector and Industry Dynamics
The Garments & Apparels sector, within which PDS Ltd operates, has shown resilience with the textile segment gaining 9.78% on the day. This sectoral strength has contributed to the stock’s positive momentum, although PDS Ltd’s outperformance indicates company-specific factors at play.
Trading above all major moving averages further supports the notion of a sustained positive trend in the near term, at least from a technical perspective. The stock’s recovery after two days of decline highlights a shift in market sentiment during the session.
Summary of Key Metrics
On 3 February 2026, PDS Ltd’s stock price action was characterised by:
- Intraday high of Rs 389, up 11.23% on the day
- Opening gap up of 17.88%
- Outperformance of textile sector by 1.45%
- Trading above 5, 20, 50, 100, and 200-day moving averages
- Mojo Score of 36.0 with a Sell grade, downgraded from Hold in July 2025
These figures illustrate a strong intraday rally amid a mixed broader market environment, with the Sensex retreating after an initial surge.
Conclusion
PDS Ltd’s strong intraday performance on 3 February 2026, marked by a double-digit percentage gain and a significant gap up opening, stands out in the Garments & Apparels sector. The stock’s ability to outperform both its sector and the broader market indices, while maintaining levels above key moving averages, highlights a notable shift in trading dynamics during the session.
While the broader market experienced volatility and a late-session pullback, PDS Ltd’s price action demonstrated resilience and strength, reflecting a positive technical setup and sector tailwinds on the day.
Unlock special upgrade rates for a limited period. Start Saving Now →
