Shantai Industries Ltd Hits New 52-Week High of Rs.23.07

Strong Rally and Price Momentum

On 9 January 2026, Shantai Industries Ltd recorded its highest price in the past year at Rs.23.07, surpassing previous resistance levels. The stock has demonstrated remarkable resilience, gaining consistently over the last 12 trading sessions. During this period, it has delivered an impressive 68% return, significantly outpacing the broader sector’s performance.

The stock’s current price is well above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bullish momentum. This technical strength underscores the stock’s positive trend and investor confidence in its valuation.

Comparative Performance Against Benchmarks

Over the past year, Shantai Industries Ltd has outperformed the Sensex by a wide margin. While the Sensex has delivered a modest 8.32% gain, Shantai’s stock price has surged by 80.51%. This outperformance highlights the company’s ability to generate superior returns relative to the broader market index.

Despite the Sensex opening lower on the day at 84,022.09, down 158.87 points (-0.19%), and currently trading at 84,057.83 (-0.15%), Shantai Industries Ltd has bucked the trend by advancing 0.05% on the day, outperforming its sector by 4.02%. The Sensex remains 2.5% below its own 52-week high of 86,159.02, indicating a more cautious market environment compared to the stock’s robust gains.

Stock Fundamentals and Market Grade

Shantai Industries Ltd currently holds a Mojo Score of 50.0, reflecting a balanced outlook with a Mojo Grade of Hold. This represents an upgrade from its previous Sell rating as of 31 December 2025. The company’s market capitalisation grade stands at 4, indicating a moderate market cap relative to its peers in the Industrial Manufacturing sector.

The stock’s 52-week low was Rs.9.50, illustrating the substantial price appreciation it has achieved over the past year. The steady climb from this low to the recent high of Rs.23.07 underscores the stock’s strong recovery and sustained investor interest.

Sector and Industry Context

Operating within the Industrial Manufacturing sector, Shantai Industries Ltd’s performance is notable given the sector’s mixed market conditions. While the Sensex trades below its 50-day moving average, the 50DMA remains above the 200DMA, suggesting a cautiously optimistic medium-term market trend. Against this backdrop, Shantai’s ability to maintain gains and reach new highs is a testament to its relative strength.

Price Action and Technical Indicators

The stock’s consistent gains over 12 consecutive trading days have been a key driver behind its new 52-week high. This streak has contributed to a cumulative return of 68% during this period, reflecting strong buying interest and positive price momentum.

Trading above all major moving averages, including the long-term 200-day average, Shantai Industries Ltd exhibits a robust technical profile. Such positioning often signals sustained investor confidence and can act as a support level for future price stability.

Market Capitalisation and Trading Activity

While specific market capitalisation figures are not disclosed here, the company’s market cap grade of 4 suggests a mid-tier valuation within its sector. The stock’s day change of 0.05% on 9 January 2026, despite a broadly weaker market, indicates relative strength and resilience in trading activity.

These factors combined highlight Shantai Industries Ltd’s ability to maintain upward price momentum even when broader indices face pressure, reinforcing its status as a noteworthy performer in the Industrial Manufacturing space.

Summary of Key Metrics

To summarise, Shantai Industries Ltd’s key performance indicators as of 9 January 2026 include:

• New 52-week high price: Rs.23.07


• 12-day consecutive gains with 68% return


• One-year price appreciation: 80.51%


• Sensex one-year gain for comparison: 8.32%


• Mojo Score: 50.0 (Hold grade, upgraded from Sell)


• Market Cap Grade: 4


• Trading above all major moving averages (5, 20, 50, 100, 200 days)


• Day change: +0.05%, outperforming sector by 4.02%

These figures collectively illustrate the stock’s strong performance trajectory and its ability to outperform both sector peers and broader market indices.

Conclusion

Shantai Industries Ltd’s attainment of a new 52-week high at Rs.23.07 marks a significant milestone in its market journey. Supported by sustained gains, favourable technical indicators, and a notable upgrade in its Mojo Grade, the stock has demonstrated considerable strength within the Industrial Manufacturing sector. Its performance stands out amid a cautious broader market, underscoring its resilience and momentum over the past year.

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