Key Events This Week
07 Sep: New 52-week high at Rs.502.4 and all-time high at Rs.491.1
08 Sep: New 52-week and all-time high at Rs.544.75
09-11 Sep: Consecutive declines with increasing volume
11 Sep: Week closes at Rs.484.50 (-0.31% on day)
07 September: Breakthrough to New Highs Amid Market Weakness
On Monday, 07 September 2026, Shree Pushkar Chemicals & Fertilizers Ltd surged to a new 52-week high of Rs.502.4 and an all-time high intraday price of Rs.491.1. The stock closed at Rs.513.15, up Rs.37.40 or 7.86%, significantly outperforming the Sensex which declined 0.46% to 36,218.97. This rally was supported by strong technical momentum, with the stock trading above all key moving averages and positive MACD and Bollinger Bands indicators on weekly and monthly charts. The stock’s outperformance of its sector by 3.87% and 3.05% on the respective highs highlighted robust investor interest despite a broadly weak market environment.
Financially, the company’s recent quarterly results showed record net sales of ₹280.07 crores and profit after tax of ₹22.93 crores, underpinning confidence in its fundamentals. The Mojo Score of 64.0 and upgraded Hold rating further reinforced the positive sentiment.
Strong fundamentals, solid momentum, fair price – This Large Cap from the NBFC sector checks every box for our Top 1%. This should definitely be on your radar!
- - Complete fundamentals package
- - Technical momentum confirmed
- - Reasonable valuation entry
08 September: New Peak at Rs.544.75 Amid Continued Buying
The momentum extended into Tuesday, 08 September 2026, when the stock hit a fresh 52-week and all-time high of Rs.544.75. It closed at Rs.510.55, registering a 2.50% gain on the day despite the Sensex falling 0.21% to 36,144.32. The stock outperformed its sector by 2.97% and demonstrated a strong gap-up opening of 2.77%. Intraday volatility was elevated at 91.01%, reflecting active trading interest.
Technical indicators remained bullish with the stock trading above all major moving averages and positive MACD and Bollinger Bands on weekly and monthly charts. The stock’s one-year return of 52.07% starkly contrasted with the Sensex’s negative 6.23% over the same period, underscoring its relative strength. Valuation metrics showed a P/E ratio of 24x and a dividend yield of 0.38%, consistent with a micro-cap growth stock.
09-11 September: Profit Taking and Market Pressure Lead to Declines
From Wednesday through Friday, the stock experienced a steady decline, closing at Rs.501.95 (-1.68%), Rs.493.55 (-1.67%), and Rs.484.50 (-1.83%) respectively. These declines occurred amid a broadly negative market backdrop, with the Sensex falling cumulatively by 1.24% over these three days. Volume on these days was lower than the early week surge, indicating some profit-taking and reduced buying interest.
Despite the pullback, the stock’s weekly close at Rs.484.50 still represented a 1.84% gain from the previous Friday’s close of Rs.475.75, outperforming the Sensex’s 1.68% weekly decline. The stock’s technical profile remains intact above key moving averages, suggesting the recent dip may be a consolidation phase rather than a reversal.
Considering Shree Pushkar Chemicals & Fertilizers Ltd? Wait! SwitchER has found potentially better options in and beyond. Compare this micro-cap with top-rated alternatives now!
- - Better options discovered
- - + beyond scope
- - Top-rated alternatives ready
Daily Price Performance: Stock vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-09-07 | Rs.513.15 | +7.86% | 36,218.97 | -0.46% |
| 2026-09-08 | Rs.510.55 | -0.51% | 36,144.32 | -0.21% |
| 2026-09-09 | Rs.501.95 | -1.68% | 35,921.77 | -0.62% |
| 2026-09-10 | Rs.493.55 | -1.67% | 35,912.77 | -0.03% |
| 2026-09-11 | Rs.484.50 | -1.83% | 35,773.24 | -0.39% |
Key Takeaways
Strong Early-Week Rally: The stock’s surge to new 52-week and all-time highs on 7 and 8 September demonstrated robust buying interest and technical strength, significantly outperforming the Sensex and its sector amid a weak broader market.
Technical Momentum: Consistent trading above all major moving averages and positive MACD and Bollinger Bands on weekly and monthly charts underpin the stock’s bullish technical profile.
Financial Strength: Record quarterly sales and profits, alongside a solid capital structure with low leverage and strong interest coverage, support the company’s fundamentals.
Profit Taking and Consolidation: The latter part of the week saw a gradual price decline with lower volumes, suggesting profit booking and a possible consolidation phase rather than a reversal.
Outperformance vs Sensex: The stock’s 1.84% weekly gain contrasts with the Sensex’s 1.68% decline, highlighting relative strength in a challenging market environment.
Conclusion
Shree Pushkar Chemicals & Fertilizers Ltd’s week was characterised by a strong breakout to new highs early on, supported by solid fundamentals and technical momentum. Despite a pullback in the latter sessions, the stock closed the week with a healthy gain, outperforming the broader market. The combination of robust quarterly results, an upgraded Mojo rating, and sustained technical strength positions the stock as a notable performer within the dyes and pigments sector. Investors should monitor the stock’s ability to maintain support levels amid ongoing market volatility.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year Start at 33% Off →
