Shivalik Bimetal Controls Ltd Hits Intraday High with 7.32% Surge

Intraday Trading Highlights

On 6 Feb 2026, Shivalik Bimetal Controls Ltd demonstrated strong buying momentum, touching an intraday peak of Rs 490.5, which represents an 8.22% rise from the prior session’s closing price. The stock closed with a 7.32% gain, significantly outperforming the Iron & Steel Products sector by 6.86% and the Sensex benchmark, which advanced by a modest 0.34% on the day.

This surge marks a reversal in the stock’s short-term trend, as it recovered after two consecutive sessions of decline. The price movement was supported by the stock trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive short- to medium-term momentum. However, it remained below the 200-day moving average, suggesting some longer-term resistance.

Market Context and Sector Comparison

The broader market environment on 6 Feb 2026 was characterised by a Sensex that opened flat, down 64.61 points, but subsequently rallied to close at 83,594.93, up 345.61 points or 0.34%. The Sensex was trading approximately 3.07% below its 52-week high of 86,159.02. Despite the Sensex trading below its 50-day moving average, the 50-day average itself remained above the 200-day moving average, signalling a cautiously optimistic market trend.

Within this context, mega-cap stocks led the market gains, while Shivalik Bimetal Controls Ltd, a mid-cap player in the Iron & Steel Products sector, outpaced both the sector and the benchmark indices by a wide margin. The stock’s 7.32% daily gain contrasts sharply with the sector’s more subdued performance and the Sensex’s modest rise, highlighting its relative strength on the trading day.

Performance Trends Over Multiple Timeframes

Examining Shivalik Bimetal Controls Ltd’s performance over various periods reveals a mixed but generally positive trend relative to the Sensex. The stock outperformed the benchmark over the 1-day, 1-week, 1-month, 3-month, and year-to-date intervals, with gains of 7.32%, 14.66%, 16.84%, 3.04%, and 13.22% respectively, compared to the Sensex’s 0.34%, 1.61%, -1.73%, 0.34%, and -1.91% over the same periods.

However, over the 1-year horizon, the stock recorded a decline of 8.22%, underperforming the Sensex’s 7.09% gain. Longer-term performance remains strong, with 3-year and 5-year returns at 23.57% and 983.09% respectively, though these lag behind the Sensex’s 38.16% and 64.78% gains. Over a decade, Shivalik Bimetal Controls Ltd has delivered an impressive 6570.09% return, substantially outpacing the Sensex’s 239.58% growth.

Mojo Score and Rating Update

Shivalik Bimetal Controls Ltd currently holds a Mojo Score of 42.0, categorised under a Sell grade. This represents a downgrade from a previous Hold rating, effective from 27 Oct 2025. The company’s Market Cap Grade stands at 3, reflecting its mid-cap status within the Iron & Steel Products sector. Despite the recent intraday strength, the rating and score indicate caution based on broader financial and market metrics.

Technical Indicators and Moving Averages

The stock’s price action on 6 Feb 2026 was supported by its position above several key moving averages. Trading above the 5-day, 20-day, 50-day, and 100-day moving averages suggests short- and medium-term bullish momentum. However, the price remains below the 200-day moving average, which often acts as a significant resistance level and a gauge of long-term trend direction.

This technical setup indicates that while the stock has gained positive traction in recent sessions, it faces a critical test at the longer-term moving average, which may influence future price movements.

Summary of Trading Activity and Market Position

Shivalik Bimetal Controls Ltd’s strong intraday performance on 6 Feb 2026 reflects a significant rebound in trading sentiment following a brief period of decline. The stock’s ability to outperform both its sector and the broader Sensex index highlights its relative strength in the current market environment.

While the broader market was buoyed by mega-cap gains and a Sensex rally of 0.34%, Shivalik Bimetal Controls Ltd’s 7.32% gain stands out as a notable move within the Iron & Steel Products sector. The stock’s positioning above key moving averages, except the 200-day, suggests a positive technical backdrop, albeit with some resistance to overcome for sustained upward momentum.

Investors and market participants will likely monitor the stock’s ability to maintain these levels and its interaction with the 200-day moving average in the near term.

Long-Term Performance Context

Over the long term, Shivalik Bimetal Controls Ltd has delivered exceptional returns, with a ten-year gain exceeding 6500%, far outpacing the Sensex’s 239.58% growth over the same period. This performance underscores the company’s historical capacity to generate substantial shareholder value despite recent fluctuations.

However, the recent downgrade in Mojo Grade to Sell and the current Mojo Score of 42.0 suggest that the stock’s fundamentals and market positioning warrant careful analysis alongside its price movements.

Conclusion

On 6 Feb 2026, Shivalik Bimetal Controls Ltd demonstrated a strong intraday rally, reaching a high of Rs 490.5 and closing with a 7.32% gain. This performance outpaced both its sector and the Sensex, signalling a positive shift in trading dynamics after a short-term decline. The stock’s technical indicators show strength in the short to medium term, though it remains below a key long-term moving average. The company’s recent rating downgrade and Mojo Score provide a balanced perspective on its current market standing.

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