Sejal Glass Ltd’s Volatile Week: 10.20% Surge Followed by Circuit Hits and a 0.00% Weekly Close

2 February: Strong Opening Rally Amid Market Weakness

Sejal Glass Ltd began the week with a robust 10.20% gain, closing at Rs.774.40, significantly outperforming the Sensex which fell 1.03% to 35,814.09. This surge was driven by positive investor reaction to the company’s very strong quarterly financial performance announced the previous day, highlighting a 63.6% year-on-year revenue increase to Rs.100.81 crores and a 48.7% rise in net profit after tax to Rs.5.01 crores. The stock’s volume of 1,789 shares indicated healthy participation, reflecting renewed optimism about operational efficiency and margin expansion. Despite the broader market weakness, Sejal Glass’s fundamentals appeared to support this early-week rally.

3 February: Profit Taking and Circuit Breaker Triggered on Profit Decline

Following Monday’s rally, the stock reversed sharply on 3 February, closing at Rs.735.70, down 5.00%, hitting the lower circuit limit amid heavy selling pressure. This decline coincided with the release of quarterly results showing a 38% quarter-on-quarter profit decline despite strong year-on-year growth, which tempered investor enthusiasm. The stock’s intraday low of Rs.734.25 marked the maximum permissible loss, with delivery volumes surging 96.43% over the five-day average, signalling aggressive liquidation. The industrial products sector and Sensex both advanced strongly on the day, underscoring that the stock’s weakness was company-specific. Technical indicators showed the stock trading below key moving averages, suggesting a short-term bearish trend despite long-term support above the 200-day average.

4 February: Continued Selling Pressure Locks Stock at Lower Circuit

The downtrend intensified on 4 February as Sejal Glass Ltd again hit the lower circuit limit, closing at Rs.697.55, down 5.00%. The stock remained locked at this price throughout the session with extremely thin volume of just 0.0114 lakh shares, indicating a severe imbalance between supply and demand. Despite the industrial products sector gaining 1.36% and the Sensex rising 0.23%, the stock’s persistent decline reflected company-specific concerns and waning investor confidence. Delivery volumes had surged the previous day by 180.25%, suggesting pre-emptive selling ahead of the circuit hit. Technical analysis showed the stock trading below all short- and medium-term moving averages, reinforcing the bearish momentum despite long-term support.

5 February: Third Consecutive Lower Circuit Amid Investor Anxiety

Sejal Glass Ltd’s share price plunged further on 5 February, closing at Rs.670.00 after hitting the lower circuit limit again, down 4.14% intraday. The stock opened sharply lower and traded near the lower band throughout the day, with total volume of 0.15994 lakh shares and turnover of Rs.1.06 crore. Delivery volumes declined by 54.72% compared to the five-day average, indicating reduced long-term investor conviction and possible short-term speculative trading. The stock underperformed both the industrial products sector and the Sensex, which declined by 0.85% and 0.47% respectively. Technical indicators remained bearish, with the price below all key moving averages except the 200-day, signalling continued downward pressure amid fragile sentiment.

6 February: Sharp Rebound with Upper Circuit Hit

After three days of steep declines, Sejal Glass Ltd staged a notable recovery on 6 February, hitting the upper circuit limit and closing at Rs.702.75, up 4.89%. The stock opened at Rs.660.00 and maintained strong buying momentum throughout the session, with delivery volumes surging 211.99% compared to the five-day average. This rally outperformed the industrial products sector, which declined 1.21%, and the Sensex, which rose marginally by 0.10%. The upper circuit triggered a regulatory freeze on further buying, reflecting strong demand and renewed investor optimism. Technically, the stock remains below most moving averages except the 200-day, indicating a possible short-term trend reversal but continued consolidation. The micro-cap’s market capitalisation stood at Rs.781 crore, with a Mojo Grade of Hold and a neutral Mojo Score of 50.0.

Key Takeaways

Sejal Glass Ltd’s week was marked by extreme volatility, with a strong opening rally driven by very positive quarterly financial results, followed by three consecutive days of circuit breaker hits on the downside. The initial enthusiasm from a 63.6% revenue growth and margin expansion was tempered by a 38% quarter-on-quarter profit decline and concerns over rising interest expenses. The stock’s micro-cap status and relatively high leverage contributed to sharp price swings and liquidity challenges, as evidenced by fluctuating delivery volumes and thin trading on circuit days.

Despite the midweek sell-off, the stock’s recovery on Friday with an upper circuit hit suggests renewed buying interest and potential technical support above the 200-day moving average. However, the stock remains below key short- and medium-term moving averages, indicating that the short-term trend is still uncertain. The Mojo Grade of Hold and neutral Mojo Score of 50.0 reflect a balanced outlook, with both positive operational momentum and cautionary signals from leverage and volatility.

Investors should note the divergence between Sejal Glass Ltd’s price action and broader market and sector trends, highlighting company-specific factors driving the week’s performance. The sharp swings and circuit hits underscore the importance of monitoring liquidity and technical levels closely in this micro-cap stock.

Conclusion

Sejal Glass Ltd’s trading week from 2 to 6 February 2026 encapsulated a micro-cap stock navigating the complexities of strong fundamental news amid volatile market sentiment. The stock’s flat weekly close belies the dramatic intraday moves, including a 10.20% surge, three consecutive lower circuit hits, and a final day upper circuit rally. This pattern reflects a market grappling with mixed signals: robust revenue growth and margin improvement on one hand, and profit volatility and elevated leverage on the other.

While the company’s recent quarterly results indicate operational progress, the stock’s technical positioning and liquidity constraints suggest that investors should approach with measured caution. The week’s events highlight the need for close attention to volume trends, price support levels, and upcoming corporate developments. Sejal Glass Ltd remains a stock of interest within the industrial products sector, but its micro-cap nature and recent price swings warrant careful risk management.

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