Share India Securities Ltd Hits Intraday High with 7.22% Surge on 3 Feb 2026

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Share India Securities Ltd recorded a robust intraday performance on 3 Feb 2026, surging to an intraday high of Rs 146.2, marking a 7.18% increase from the previous close. This strong upward movement outpaced the Capital Markets sector and broader market indices, reflecting notable trading momentum during the session.
Share India Securities Ltd Hits Intraday High with 7.22% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Share India Securities Ltd opened with a significant gap up of 4.11%, signalling early bullish sentiment among traders. The stock continued to gain throughout the day, reaching its peak intraday price of Rs 146.2, which represents a 7.18% rise compared to the prior closing price. By the end of the trading session, the stock posted a day change of 7.22%, outperforming the Capital Markets sector by 2.91% and the Sensex benchmark by 3.43%.

This surge marked a reversal after two consecutive days of decline, indicating renewed buying interest and a shift in intraday momentum. The stock’s performance today was particularly notable given the broader market context, where the Sensex experienced a volatile session.

Market Context and Sector Performance

The broader market, represented by the Sensex, opened sharply higher by 3,656.74 points but lost momentum to close down by 1,344.40 points, settling at 83,978.80, a 2.83% decline on the day. Despite this, the Sensex remains close to its 52-week high of 86,159.02, currently just 2.6% below that peak. The index is trading below its 50-day moving average, although the 50-day average itself remains above the 200-day moving average, suggesting mixed technical signals.

Within this environment, the Finance and NBFC sector, which includes Share India Securities Ltd, gained 3.67%, reflecting relative strength compared to the broader market. Share India Securities Ltd outperformed even this sector gain, highlighting its strong intraday demand.

Technical Indicators and Moving Averages

From a technical perspective, Share India Securities Ltd closed above its 5-day moving average, signalling short-term strength. However, the stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating that longer-term trends have yet to confirm a sustained uptrend. This positioning suggests that while the stock showed strong intraday momentum, it is still navigating resistance levels in the medium to long term.

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Performance Comparison Over Various Timeframes

Examining Share India Securities Ltd’s performance relative to the Sensex over multiple periods reveals a mixed picture. The stock outperformed the Sensex over the last day and week, with gains of 6.56% and 3.16% respectively, compared to the Sensex’s 2.79% and 2.55% returns. However, over longer durations, the stock has lagged behind the benchmark. Over one month, it declined by 11.64% versus the Sensex’s 2.11% fall, and over three months, it dropped 22.97% while the Sensex remained almost flat with a 0.04% decrease.

Year-to-date, Share India Securities Ltd has fallen 12.73%, underperforming the Sensex’s 1.49% decline. Over the past year, the stock’s decline is more pronounced at 37.08%, contrasting with the Sensex’s 8.76% gain. Despite these recent setbacks, the stock has delivered substantial long-term returns, with a three-year gain of 245.10% and an impressive five-year return of 2,070.73%, far exceeding the Sensex’s respective 37.98% and 67.04% gains.

Mojo Score and Rating Update

Share India Securities Ltd currently holds a Mojo Score of 40.0, categorised under the 'Sell' grade. This represents a downgrade from its previous 'Hold' rating, which was revised on 5 Jan 2026. The stock’s market capitalisation grade stands at 3, reflecting its mid-tier market cap status within the Capital Markets sector. These ratings provide a snapshot of the stock’s current standing based on MarketsMOJO’s comprehensive analysis framework.

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Sector and Market Dynamics

The Capital Markets sector, to which Share India Securities Ltd belongs, has shown resilience with a 3.67% gain on the day, outperforming the broader Sensex index. This sector strength was driven by select stocks exhibiting strong intraday gains, with Share India Securities Ltd among the leaders in terms of percentage increase.

Meanwhile, mega-cap stocks led the broader market rally earlier in the session, although the Sensex ultimately closed lower. This divergence highlights the selective nature of market gains, with mid-cap and small-cap stocks like Share India Securities Ltd showing notable intraday strength despite broader market volatility.

Summary of Trading Action

Share India Securities Ltd’s intraday high of Rs 146.2 and a day change of 7.22% underscore a strong rebound after two days of declines. The stock’s gap-up opening and sustained gains throughout the session reflect active trading interest and a positive shift in market sentiment towards the stock within the Capital Markets sector. While longer-term moving averages remain above the current price, the short-term technical indicators signal a positive momentum shift for the day.

Overall, the stock’s performance on 3 Feb 2026 stands out as a significant intraday event, with gains well above sector and benchmark indices, highlighting its capacity for sharp price movements amid a mixed market backdrop.

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