Shivalik Bimetal Controls Ltd Hits Intraday High with 9.29% Surge on 3 Feb 2026

Intraday Trading Highlights

The stock opened sharply higher with a gap-up of 16.42%, signalling strong buying interest from the outset. Throughout the session, Shivalik Bimetal Controls exhibited high volatility, with an intraday price range reflecting an 8.67% fluctuation based on the weighted average price. This volatility underscores active trading and investor engagement during the day.

Despite the broader market’s mixed performance, the stock managed to sustain gains above its 5-day, 20-day, and 50-day moving averages, although it remained below the longer-term 100-day and 200-day moving averages. This positioning suggests a short to medium-term positive momentum, even as longer-term trends remain cautious.

Sector-wise, the Steel/Sponge Iron/Pig Iron segment gained 2.27% on the day, indicating a generally favourable environment for companies within this space. However, Shivalik Bimetal Controls outperformed the sector by a notable margin of 9.01%, highlighting its relative strength.

Comparative Market Performance

On the same day, the Sensex experienced a volatile session, initially opening 3,656.74 points higher but subsequently retreating by 1,415.02 points to close at 83,908.18, down 2.74%. The index remains 2.68% below its 52-week high of 86,159.02. Mega-cap stocks led the market gains, while the Sensex traded below its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a mixed technical backdrop.

In contrast, Shivalik Bimetal Controls Ltd outperformed the Sensex substantially, with a one-day gain of 11.43% compared to the benchmark’s 2.74%. Over the past week, the stock has risen 15.01%, significantly ahead of the Sensex’s 2.51% increase. The one-month performance also favours Shivalik Bimetal Controls, with an 8.03% gain versus the Sensex’s decline of 2.16%.

Longer-term trends show a more nuanced picture. The stock’s three-month return stands at -3.27%, slightly below the Sensex’s near-flat performance of -0.08%. Over one year, Shivalik Bimetal Controls has declined 6.96%, while the Sensex gained 8.71%. Year-to-date, however, the stock has rebounded by 8.69%, outperforming the Sensex’s negative 1.54% return.

Over extended periods, Shivalik Bimetal Controls has delivered substantial gains, with a five-year return of 1000.43% compared to the Sensex’s 66.96%, and a remarkable ten-year return of 6436.50% against the Sensex’s 246.39%, underscoring its long-term value creation despite recent fluctuations.

Technical and Fundamental Ratings

The company currently holds a Mojo Score of 43.0, categorised under a Sell grade as of 27 Oct 2025, following a downgrade from Hold. Its Market Cap Grade is rated 3, reflecting a mid-tier capitalisation within its sector. These ratings provide a snapshot of the stock’s current standing within the MarketsMOJO framework, which integrates multiple financial and technical metrics.

Trading activity today reflects a reversal after two consecutive days of decline, with the stock’s strong upward movement signalling renewed momentum. The gap-up opening and sustained intraday gains suggest that market participants responded positively to recent developments or market conditions affecting the Iron & Steel Products sector.

Sector and Market Context

The Iron & Steel Products sector, to which Shivalik Bimetal Controls belongs, has shown resilience with a 2.27% gain on the day, supported by broader industrial demand and commodity price movements. The stock’s outperformance relative to its sector peers highlights its distinct trading dynamics and investor focus during the session.

While the Sensex’s retreat after a strong opening indicates some profit-taking or market caution, Shivalik Bimetal Controls’ ability to maintain gains above key short-term moving averages suggests a degree of technical strength. The stock’s position below the 100-day and 200-day averages, however, indicates that longer-term momentum remains under observation by market participants.

Overall, the day’s trading activity for Shivalik Bimetal Controls Ltd reflects a notable rebound and strong intraday momentum, supported by a gap-up start and sustained volatility. The stock’s performance today stands out in a market environment characterised by mixed signals and sector-specific gains.

Summary of Key Metrics

• Intraday high: Rs 487.9 (16.42% gain)
• Day change: +9.29%
• Opening gap-up: 16.42%
• Intraday volatility: 8.67%
• Outperformance vs sector: +9.01%
• Outperformance vs Sensex (1 day): +8.69%
• Mojo Score: 43.0 (Sell grade)
• Market Cap Grade: 3

These figures illustrate the stock’s strong intraday showing and relative strength within its sector and the broader market.

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