Rashi Peripherals Ltd Hits Intraday High with 7.34% Surge on 4 Feb 2026

Intraday Trading Highlights

Rashi Peripherals Ltd opened the day with a notable gap-up of 3.75%, setting a positive tone for the session. The stock demonstrated significant price action volatility, registering an intraday volatility of 102.97% based on the weighted average price. This heightened volatility accompanied a strong upward trajectory, with the share price touching Rs 410.5, its highest level in the past 52 weeks.

Throughout the day, the stock maintained gains well above its key moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This technical positioning underscores the strength of the current price rally and the stock’s resilience in the IT - Hardware sector.

Rashi Peripherals Ltd’s day change closed at 7.34%, significantly outperforming the Sensex, which gained a modest 0.14% on the same day. The stock’s performance also eclipsed its sector’s returns by 9.28%, highlighting its relative strength within the IT - Hardware space.

Recent Performance and Market Context

The stock has been on a positive run, registering gains for two consecutive days and delivering a cumulative return of 13.35% over this period. This recent rally contrasts with the broader market’s more subdued movement, as the Sensex experienced a volatile session—initially opening 487.07 points lower before recovering sharply by 605.47 points to close at 83,857.53.

Despite the Sensex trading below its 50-day moving average, the index’s 50-day moving average remains above its 200-day moving average, signalling a cautiously optimistic medium-term trend. Mega-cap stocks led the market recovery, while Rashi Peripherals Ltd, a mid-cap IT hardware player, demonstrated notable outperformance on a relative basis.

Comparative Returns and Longer-Term Trends

Rashi Peripherals Ltd’s recent gains have outpaced the Sensex across multiple time frames. Over the past week, the stock rose 9.53% compared to the Sensex’s 1.84%. Its one-month return stands at 9.02%, contrasting with the Sensex’s decline of 2.22%. Over three months, the stock gained 16.42%, while the Sensex managed a modest 0.48% increase.

Year-to-date, Rashi Peripherals Ltd has delivered an 8.91% return, outperforming the Sensex’s negative 1.60%. Over the past year, the stock’s 20.07% gain significantly exceeds the Sensex’s 6.71% rise. However, over longer horizons such as three, five, and ten years, the stock’s performance has been flat, while the Sensex recorded substantial gains of 37.83%, 65.68%, and 244.55% respectively.

The company’s Mojo Score currently stands at 67.0, with a Mojo Grade of Hold, reflecting a recent downgrade from Buy on 2 Feb 2026. The Market Cap Grade is 3, indicating a mid-tier market capitalisation within its sector.

Sector and Market Dynamics

Operating within the IT - Hardware sector, Rashi Peripherals Ltd’s strong intraday performance today is notable given the sector’s mixed performance. The stock’s outperformance by 9.28% relative to its sector peers highlights its current momentum and trading interest.

The broader market environment saw the Sensex recover from an early negative opening to close marginally higher, supported by mega-cap stocks. Despite this, Rashi Peripherals Ltd’s gains were markedly stronger, reflecting specific stock-level catalysts and trading dynamics.

Technical Indicators and Trading Patterns

The stock’s trading above all major moving averages signals a strong technical setup. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie below the current price level, indicating sustained upward momentum. This technical alignment often attracts active trading interest and can support continued price strength in the short term.

Intraday volatility of over 100% suggests active participation and rapid price swings, which may be driven by volume surges and market participants reacting to recent developments or broader sector trends.

Rashi Peripherals Ltd’s ability to maintain gains despite a volatile market backdrop and a Sensex that fluctuated significantly during the session underscores the stock’s relative strength and resilience.

Summary of Key Metrics

On 4 Feb 2026, Rashi Peripherals Ltd:

• Hit an intraday high of Rs 410.5, a new 52-week peak
• Closed with a day change of +7.34%
• Outperformed the Sensex by 7.0 percentage points and its sector by 9.28%
• Maintained gains above all major moving averages
• Exhibited high intraday volatility of 102.97%
• Recorded consecutive gains over two days, with a 13.35% return in that period
• Mojo Score of 67.0 and a Hold grade following a downgrade from Buy on 2 Feb 2026

These figures collectively illustrate a strong intraday performance supported by technical strength and relative outperformance within the IT - Hardware sector.

Market Overview

The broader market context on 4 Feb 2026 was characterised by a volatile Sensex session. After opening sharply lower by 487.07 points, the index rebounded by 605.47 points to close at 83,857.53, just 2.74% shy of its 52-week high of 86,159.02. Mega-cap stocks led the recovery, while mid-cap and sector-specific stocks like Rashi Peripherals Ltd showed notable individual strength.

Despite the Sensex trading below its 50-day moving average, the 50DMA remains above the 200DMA, suggesting a cautiously positive medium-term trend. Rashi Peripherals Ltd’s outperformance relative to this backdrop highlights its distinct trading momentum.

Conclusion

Rashi Peripherals Ltd’s surge to Rs 410.5 on 4 Feb 2026 marks a significant intraday milestone, reflecting strong momentum and technical support. The stock’s outperformance relative to the Sensex and its sector, combined with elevated volatility and sustained gains above key moving averages, underscores a robust trading session. While the broader market experienced volatility, Rashi Peripherals Ltd demonstrated resilience and strength within the IT - Hardware segment.

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