Intraday Trading Highlights
Sheela Foam Ltd. opened the trading session with a notable gap up of 10.36%, signalling strong buying interest from the outset. The stock continued to gain momentum, touching a peak intraday price of Rs 615.2, representing a 17.27% rise from its previous close. This surge was accompanied by heightened volatility, with an intraday volatility measure of 54.15% calculated from the weighted average price, indicating active and dynamic trading activity.
The stock’s day change stood at an impressive 15.67%, significantly outperforming the Furniture and Home Furnishing sector by 14.9%. This strong intraday performance also contrasted sharply with the broader market, as the Sensex recorded a modest gain of 0.14% on the day.
Recent Price Trends and Moving Averages
Sheela Foam Ltd. has been on a positive trajectory over the last two trading sessions, delivering cumulative returns of 16.99%. The stock’s current price is trading above its 5-day, 20-day, and 50-day moving averages, signalling short- to medium-term strength. However, it remains below its 100-day and 200-day moving averages, suggesting that longer-term momentum has yet to fully align with the recent gains.
This mixed moving average picture highlights a stock in transition, with recent buying interest pushing prices higher but still facing resistance at longer-term technical levels.
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Market Context and Sector Comparison
On the same day, the Sensex experienced a volatile session, initially opening 487.07 points lower before recovering sharply by 605.47 points to close at 83,857.53, a gain of 0.14%. The index remains 2.74% below its 52-week high of 86,159.02. While the Sensex is trading below its 50-day moving average, the 50DMA itself is positioned above the 200DMA, indicating a cautiously positive medium-term trend.
Within this environment, mega-cap stocks led the market’s modest gains. Sheela Foam Ltd.’s performance stood out distinctly against this backdrop, with its 14.10% one-day gain far exceeding the Sensex’s 0.14% rise and outperforming its sector by nearly 15 percentage points.
Longer-Term Performance Overview
Despite the strong intraday gains, Sheela Foam Ltd.’s longer-term performance remains subdued relative to the broader market. Over the past year, the stock has declined by 31.75%, contrasting with the Sensex’s 6.71% gain. Similarly, over three and five years, the stock has fallen by 51.49% and 41.21% respectively, while the Sensex has advanced by 37.83% and 65.68% over the same periods.
Year-to-date, however, Sheela Foam Ltd. has posted a modest gain of 2.54%, outperforming the Sensex’s negative 1.60% return. This recent uptick may reflect a shift in trading sentiment, as evidenced by the stock’s consecutive gains and intraday strength.
Mojo Score and Ratings Update
Sheela Foam Ltd. currently holds a Mojo Score of 32.0, with a Mojo Grade of Sell. This represents an improvement from its previous Strong Sell grade, which was revised on 6 Nov 2025. The company’s market capitalisation grade is rated at 3, indicating a mid-tier market cap within its sector.
These ratings reflect a cautious stance on the stock’s overall quality and outlook, despite the recent positive price action. The upgrade from Strong Sell to Sell suggests some stabilisation in fundamentals or market perception, though the stock remains under pressure relative to broader benchmarks.
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Summary of Trading Activity
In summary, Sheela Foam Ltd. demonstrated a strong intraday performance on 4 Feb 2026, with a significant price surge and elevated volatility. The stock’s gains outpaced both its sector and the broader market, supported by a positive opening gap and sustained buying interest throughout the session.
While the stock remains below its longer-term moving averages and carries a Sell rating, the recent price action and consecutive gains highlight a notable shift in trading dynamics. Investors monitoring the Furniture and Home Furnishing sector will note Sheela Foam Ltd.’s standout performance amid a mixed market environment.
Technical and Market Indicators
The stock’s position above short- and medium-term moving averages suggests some technical support for the current rally. However, the resistance posed by the 100-day and 200-day moving averages may temper further upside in the near term. The high intraday volatility underscores the active trading interest and potential for rapid price swings.
Meanwhile, the broader market’s recovery from an initial negative opening and the leadership of mega-cap stocks provide a contrasting backdrop to Sheela Foam Ltd.’s more pronounced price movements.
Conclusion
Sheela Foam Ltd.’s strong intraday surge to Rs 615.2 on 4 Feb 2026 marks a significant development in its recent trading pattern. The stock’s outperformance relative to its sector and the Sensex, combined with elevated volatility and positive moving average trends, characterise a day of notable market activity. Despite a cautious rating and longer-term performance challenges, the stock’s current momentum is clear in today’s trading session.
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