Sharda Motor Industries Ltd Hits Intraday High with 7.5% Surge on 9 Feb 2026

Intraday Trading Highlights

On the trading day, Sharda Motor Industries Ltd witnessed a significant uptick, closing with a day change of 7.5%, well above the Sensex’s gain of 0.53%. The stock’s intraday high of Rs 946.6 represented an 8.03% rise, signalling strong buying interest during the session. This surge followed two consecutive days of declines, indicating a reversal in the stock’s short-term trend.

The stock’s performance today also outpaced the Auto Components & Equipments sector by 5.6%, underscoring its relative strength within the industry. Trading volumes and price action suggested a decisive move higher, with the price advancing above key short-term moving averages.

Technical Positioning and Moving Averages

Sharda Motor Industries Ltd’s price currently trades above its 5-day, 20-day, and 50-day moving averages, which typically indicates positive momentum in the near term. However, it remains below its 100-day and 200-day moving averages, suggesting that while short-term sentiment is improving, longer-term trends have yet to fully confirm a sustained uptrend.

This positioning reflects a stock in transition, where recent gains have helped it recover from short-term weakness but have not yet overcome longer-term resistance levels. The intraday high and strong day’s performance may be viewed as a technical bounce within this context.

Market Context and Broader Indices

The broader market environment on 9 Feb 2026 was supportive, with the Sensex opening higher at 84,177.51, gaining 597.11 points (0.71%) at the start of the session. Although the index settled slightly lower at 84,019.13, it still posted a gain of 0.52% for the day. The Sensex is currently trading 2.55% below its 52-week high of 86,159.02, maintaining a generally positive trajectory.

Notably, the Sensex has recorded a three-week consecutive rise, accumulating a 3.04% gain over this period. Mega-cap stocks have been leading the market’s advance, contributing to the overall positive sentiment. Despite the Sensex trading below its 50-day moving average, the 50DMA remains above the 200DMA, indicating a longer-term bullish bias for the benchmark.

Performance Comparison Over Various Timeframes

Examining Sharda Motor Industries Ltd’s performance relative to the Sensex reveals a mixed but generally favourable picture. The stock outperformed the benchmark over the short term, with a 1-week gain of 11.14% compared to the Sensex’s 2.88%, and a 1-month gain of 3.80% versus the Sensex’s 0.53%. This indicates strong recent momentum in the stock.

However, over a three-month period, the stock declined by 15.61%, contrasting with the Sensex’s 0.97% gain, reflecting some volatility and sector-specific pressures during that timeframe. Over longer horizons, Sharda Motor Industries Ltd has delivered substantial returns, with a 3-year gain of 185.48% and a 5-year gain of 305.56%, significantly outpacing the Sensex’s respective gains of 38.18% and 63.69%. The 10-year performance is particularly notable, with a remarkable 1006.61% increase compared to the Sensex’s 249.78%.

Mojo Score and Rating Update

As of 19 Nov 2025, Sharda Motor Industries Ltd’s Mojo Grade was revised from Buy to Hold, reflecting a more cautious stance based on recent fundamentals and market conditions. The company holds a Mojo Score of 51.0, indicating a moderate outlook. Its Market Cap Grade stands at 3, positioning it within a mid-tier market capitalisation bracket in its sector.

This rating adjustment suggests that while the stock has demonstrated strong intraday and short-term performance, investors should consider the broader context of its valuation and trend dynamics.

Summary of Trading Action

Sharda Motor Industries Ltd’s strong intraday performance on 9 Feb 2026 was characterised by a sharp price rise to Rs 946.6, a gain of 8.03% intraday and 7.5% on the day. This marked a clear reversal after two days of declines, supported by the stock’s move above key short-term moving averages. The stock outperformed both its sector and the Sensex, which itself was on a positive trajectory with a 0.52% gain.

The trading action reflects a renewed buying interest and momentum shift, although the stock remains below its longer-term moving averages, indicating that further confirmation would be required for a sustained uptrend. The Mojo Grade revision to Hold and the moderate Mojo Score provide additional context for the stock’s current standing within the Auto Components & Equipments sector.

Overall, the day’s price action highlights Sharda Motor Industries Ltd’s capacity for sharp intraday gains amid a broadly positive market environment, with the stock’s performance standing out relative to peers and benchmarks.

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