Rajratan Global Wire Ltd Hits Intraday High with 8.2% Surge on 3 Feb 2026

Intraday Trading Highlights

On the trading day, Rajratan Global Wire Ltd reached a peak price of Rs 430, reflecting a 7.84% rise from its previous close. This strong upward movement was accompanied by a day change of 8.2%, substantially outperforming the Auto Components & Equipments sector, which gained 3.89%, and the Sensex, which closed with a 2.51% increase. The stock’s 1-day performance stood at 9.09%, well above the Sensex’s 2.51% gain, underscoring its relative strength in the market.

The stock’s price action was supported by its position relative to key moving averages. It traded above its 5-day, 100-day, and 200-day moving averages, signalling short- and long-term support levels. However, it remained below the 20-day and 50-day moving averages, indicating some resistance in the medium term. This mixed technical picture suggests that while the stock has gained momentum today, it is still navigating through intermediate-term price levels.

Sector and Market Context

The Auto Ancillary sector, to which Rajratan Global Wire Ltd belongs, recorded a gain of 3.89% on the day, indicating a positive environment for stocks in this space. Despite the broader market’s mixed performance, with the Sensex opening sharply higher by 3,656.74 points but later retreating by 1,610.24 points to close at 83,712.96, Rajratan Global Wire Ltd maintained its upward trajectory. The Sensex remains 2.92% below its 52-week high of 86,159.02, trading below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, signalling a longer-term bullish trend.

Performance Trends Over Time

Examining Rajratan Global Wire Ltd’s performance over various time frames reveals a mixed picture. While the stock outperformed the Sensex on the 1-day basis with a 9.09% gain versus the Sensex’s 2.51%, its 1-week performance was a modest 0.55%, trailing the Sensex’s 2.27%. Over the 1-month and 3-month periods, the stock underperformed with declines of 6.65% and 3.52% respectively, compared to the Sensex’s smaller losses of 2.39% and 0.32%. Year-to-date, the stock has declined by 6.34%, underperforming the Sensex’s 1.77% fall.

Longer-term returns show a more positive trend, with Rajratan Global Wire Ltd delivering a 5-year gain of 300.85%, significantly outpacing the Sensex’s 66.57% over the same period. Over 10 years, the stock’s appreciation of 1992.78% dwarfs the Sensex’s 245.59%, highlighting substantial growth over the decade despite recent volatility. However, the 3-year performance remains negative at -44.79%, contrasting with the Sensex’s 37.59% gain, indicating some periods of underperformance.

Mojo Score and Market Capitalisation

Rajratan Global Wire Ltd currently holds a Mojo Score of 51.0, categorised as a Hold grade. This represents a downgrade from its previous Buy rating as of 5 Jan 2026. The company’s market capitalisation grade stands at 3, reflecting its mid-tier size within the Auto Components & Equipments sector. These metrics provide a snapshot of the stock’s current standing in terms of quality and market perception.

Trading Activity and Market Dynamics

The stock’s strong intraday performance was notable amid a volatile market backdrop. The Sensex’s initial gap-up opening of 3,656.74 points was followed by a sharp retreat of 1,610.24 points, closing at 83,712.96. Despite this, Rajratan Global Wire Ltd maintained upward momentum, suggesting focused buying interest and resilience within the Auto Components & Equipments sector. The sector’s gain of 3.89% further supports the positive trading environment for stocks in this category.

Rajratan Global Wire Ltd’s price movement above its short- and long-term moving averages, combined with its outperformance relative to the Sensex and sector indices, highlights its current strength in the market. The stock’s ability to sustain gains despite broader market fluctuations is a key feature of today’s trading session.

Summary of Key Metrics

To summarise, Rajratan Global Wire Ltd’s key intraday and performance metrics on 3 Feb 2026 include:

• Intraday high of Rs 430, up 7.84%
• Day change of 8.2%, outperforming sector and Sensex
• Outperformance of sector by 4.13%
• Trading above 5-day, 100-day, and 200-day moving averages
• Mojo Score of 51.0 with a Hold grade
• Market cap grade of 3 within Auto Components & Equipments

These figures illustrate the stock’s strong intraday momentum and relative strength within its sector and the broader market.

Conclusion

Rajratan Global Wire Ltd’s performance on 3 Feb 2026 stands out as a significant intraday surge, reaching its highest price point of the day at Rs 430. The stock’s gains outpaced both its sector and the Sensex, supported by favourable technical indicators and a positive sectoral environment. While the broader market experienced volatility, Rajratan Global Wire Ltd maintained its upward trajectory, reflecting notable trading interest and resilience.

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