Responsive Industries Ltd Hits Intraday High with 10.31% Surge on 3 Feb 2026

Intraday Trading Highlights

Responsive Industries Ltd opened the day with a gap-up of 3.74%, setting a positive tone for the session. The stock maintained upward momentum throughout the trading hours, eventually touching its peak at Rs 187.95, representing a 12.38% gain intraday. This performance significantly outpaced the Furniture, Home Furnishing sector, which recorded a more modest gain of 2.4% in the Plastic Products segment.

Over the course of the day, the stock's price action was supported by its position relative to key moving averages. It traded above its 5-day and 20-day moving averages, signalling short-term strength, although it remained below its longer-term 50-day, 100-day, and 200-day moving averages. This suggests that while the immediate trend is positive, the stock has yet to break through longer-term resistance levels.

Comparative Market Context

The broader market, represented by the Sensex, experienced a volatile session. After opening sharply higher by 3,656.74 points, the index retreated by 1,415.02 points to close at 83,908.18, down 2.74% on the day. Despite this pullback, the Sensex remains close to its 52-week high of 86,159.02, just 2.68% away. The index is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, indicating a mixed technical backdrop.

In this environment, Responsive Industries Ltd's 9.99% one-day gain notably outperformed the Sensex's 2.72% decline, highlighting the stock's relative strength amid broader market weakness.

Recent Performance Trends

Responsive Industries Ltd has recorded consecutive gains over the last two trading sessions, accumulating a 10.06% return during this period. This recent uptick contrasts with its longer-term performance, where the stock has experienced declines relative to the Sensex. Over one month, the stock is down 6.79% compared to the Sensex's 2.18% loss, and over three months, it has fallen 8.78% versus the Sensex's marginal 0.10% decline.

Year-to-date, Responsive Industries Ltd has declined 8.00%, underperforming the Sensex's 1.56% loss. Over the past year, the stock has seen a more pronounced drop of 22.71%, while the Sensex gained 8.69%. However, over longer horizons, the stock has delivered positive returns, with a 55.96% gain over three years, albeit lagging the Sensex's 37.88% gain, and a 2.45% rise over five years compared to the Sensex's 66.93% increase. Over a decade, the stock has appreciated 82.13%, trailing the Sensex's 246.33% growth.

Market Capitalisation and Ratings

Responsive Industries Ltd holds a Market Cap Grade of 3, reflecting its mid-tier capitalisation status within the Furniture, Home Furnishing sector. The company’s Mojo Score currently stands at 23.0, with a Mojo Grade of Strong Sell as of 5 January 2026, an upgrade from the previous Sell rating. This grading indicates a cautious stance based on the company’s financial and market metrics, despite the recent price surge.

Sector and Industry Dynamics

The Furniture, Home Furnishing sector has seen mixed activity, with the Plastic Products segment gaining 2.4% on the day. Responsive Industries Ltd’s outperformance by 7.38% relative to its sector highlights its distinct trading momentum. This divergence may be attributed to stock-specific factors influencing intraday demand and supply dynamics.

Summary of Trading Action

The stock’s strong intraday performance on 3 Feb 2026 was characterised by a significant gap-up opening, sustained buying interest, and a peak price that outpaced both sector and market indices. The 10.31% day change reflects a robust trading session, with the stock closing near its intraday high. This price action occurred despite a broader market decline, underscoring the stock’s relative strength within its industry.

Responsive Industries Ltd’s position above short-term moving averages suggests positive momentum in the near term, although the stock remains below longer-term averages, indicating potential resistance ahead. The recent upgrade in Mojo Grade from Sell to Strong Sell on 5 January 2026 provides a nuanced backdrop to the price gains, reflecting underlying fundamental assessments.

Overall, the trading session on 3 Feb 2026 highlights Responsive Industries Ltd’s capacity for sharp intraday moves and notable outperformance relative to its sector and the Sensex, driven by specific market dynamics and investor activity.

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