Price Momentum and Recent Market Performance
The stock closed at ₹77.31 on 5 Feb 2026, marking a significant day change of +6.83% from the previous close of ₹72.37. This intraday strength was supported by a high of ₹77.40 and a low of ₹71.50, indicating heightened volatility. Despite this uptick, the stock remains well below its 52-week high of ₹107.60, while comfortably above its 52-week low of ₹61.01.
When compared to the broader market, Shree Digvijay Cement’s returns have been mixed. Over the past week, the stock outperformed the Sensex with a 1.99% gain versus the benchmark’s 1.79%. However, over the last month and year-to-date, the stock has underperformed significantly, posting a decline of 14.97% compared to the Sensex’s modest losses of 2.27% and 1.65%, respectively. Longer-term returns show a more positive picture, with a 5.11% gain over one year and an impressive 429.52% over ten years, outperforming the Sensex’s 244.38% over the same decade.
Technical Trend Shift: From Mildly Bearish to Sideways
MarketsMOJO’s technical analysis indicates that the stock’s trend has transitioned from mildly bearish to sideways, signalling a period of consolidation. This shift is critical as it suggests that the previous downward momentum is losing strength, but a clear bullish reversal has yet to materialise.
The daily moving averages present a mildly bullish stance, with short-term averages edging above longer-term ones, hinting at potential upward momentum. However, weekly and monthly indicators paint a more cautious picture.
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MACD and Momentum Indicators
The Moving Average Convergence Divergence (MACD) remains bearish on both weekly and monthly timeframes, signalling that the stock’s momentum is still under pressure. The weekly MACD suggests that the short-term momentum is negative, while the monthly MACD confirms a longer-term downtrend. This divergence between daily moving averages and MACD highlights the stock’s current indecision phase.
Conversely, the Relative Strength Index (RSI) on the weekly chart has turned bullish, indicating that the stock is gaining strength in the short term and may be emerging from oversold conditions. The monthly RSI, however, remains neutral with no clear signal, reinforcing the sideways trend narrative.
Bollinger Bands and Volatility Assessment
Bollinger Bands on both weekly and monthly charts are mildly bearish, suggesting that the stock price is trading near the lower band and volatility remains subdued but slightly skewed to the downside. This mild bearishness in volatility measures aligns with the sideways price action and the cautious stance of other technical indicators.
KST and Dow Theory Signals
The Know Sure Thing (KST) indicator presents a mixed outlook: bearish on the weekly timeframe but mildly bullish monthly. This split suggests that while short-term momentum is weak, the longer-term trend may be stabilising or preparing for a potential recovery.
Dow Theory assessments also reflect a mildly bearish stance on both weekly and monthly charts, indicating that the broader market trend for this stock remains under pressure, despite some short-term improvements.
On-Balance Volume (OBV) and Market Sentiment
OBV readings add further nuance to the technical picture. Weekly OBV is mildly bearish, implying that volume trends have not yet confirmed a strong buying interest. However, the monthly OBV is bullish, suggesting accumulation over a longer horizon and potential institutional interest supporting the stock.
Mojo Score and Rating Update
MarketsMOJO has downgraded Shree Digvijay Cement Co. Ltd from a Hold to a Sell rating as of 27 Jan 2026, reflecting the mixed technical signals and the stock’s underperformance relative to the sector and benchmark indices. The current Mojo Score stands at 48.0, indicating a below-average outlook. The Market Cap Grade is 4, signalling a micro-cap status with associated liquidity and volatility considerations.
Sector Context and Comparative Performance
Within the Cement & Cement Products sector, Shree Digvijay Cement’s recent price action and technical indicators suggest it is lagging behind some peers that have demonstrated stronger momentum and clearer bullish signals. The stock’s 1-month return of -14.97% contrasts sharply with the Sensex’s -2.27%, underscoring sector-specific challenges or company-specific headwinds.
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Investor Takeaway and Outlook
Shree Digvijay Cement Co. Ltd’s technical landscape is characterised by a delicate balance between emerging bullish signals and persistent bearish pressures. The sideways trend following a mildly bearish phase suggests that investors should exercise caution and closely monitor key technical indicators for confirmation of a sustained reversal or further deterioration.
Short-term traders may find opportunities in the daily moving averages’ mildly bullish signals and the weekly RSI’s positive momentum. However, the bearish MACD and Dow Theory signals on longer timeframes counsel prudence, especially given the stock’s underperformance relative to the Sensex and sector peers over recent months.
Long-term investors should weigh the stock’s impressive 10-year return of 429.52% against its current technical challenges and the downgrade to a Sell rating. The mixed signals warrant a careful reassessment of portfolio allocations within the Cement & Cement Products sector, considering alternative stocks with stronger technical and fundamental profiles.
Overall, the stock’s technical parameters suggest a consolidation phase that could precede either a recovery or further decline, making it essential for investors to stay informed and agile in their decision-making.
Summary of Key Technical Indicators for Shree Digvijay Cement Co. Ltd
- Trend: Shifted from mildly bearish to sideways
- MACD: Weekly and Monthly - Bearish
- RSI: Weekly - Bullish; Monthly - No clear signal
- Bollinger Bands: Mildly bearish on weekly and monthly
- Moving Averages: Daily - Mildly bullish
- KST: Weekly - Bearish; Monthly - Mildly bullish
- Dow Theory: Mildly bearish on weekly and monthly
- OBV: Weekly - Mildly bearish; Monthly - Bullish
- Mojo Score: 48.0 (Sell rating)
- Market Cap Grade: 4 (Micro-cap)
Investors should continue to monitor these indicators closely, particularly the MACD and RSI on weekly and monthly charts, to gauge the stock’s next directional move.
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