Key Events This Week
23 Feb: New 52-week and all-time high at Rs.390.45
24 Feb: Continued rally to Rs.398.25 despite Sensex decline
26 Feb: New 52-week and all-time high at Rs.414.3
27 Feb: Week closes at Rs.422.55, marking 17 consecutive gain days
23 February 2026: New 52-Week and All-Time High at Rs.390.45
SMT Engineering Ltd began the week on a strong note, hitting a new 52-week and all-time high of Rs.390.45. The stock gained 2.00% on the day, outperforming the Sensex’s 0.39% rise. This marked the 13th consecutive day of gains, with a cumulative return of 29.27% over this period. The stock traded consistently at this elevated level, supported by strong demand and technical strength, trading above all key moving averages. This milestone underscored the company’s leadership within the Trading & Distributors sector and its exceptional year-on-year return of 4102.91%, dwarfing the Sensex’s 10.48% gain.
24 February 2026: Resilience Amid Market Volatility
Despite a sharp decline in the broader market, with the Sensex falling 0.78%, SMT Engineering Ltd extended its rally, reaching a new 52-week high of Rs.398.25, a 2.00% gain on the day. The stock outperformed its sector by 3.8%, demonstrating resilience amid broader market weakness. This marked the 14th consecutive day of gains, with a 14-day return of 31.85%. The stock’s technical positioning remained robust, trading above all major moving averages, signalling sustained bullish momentum.
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25 February 2026: Continued Uptrend to Rs.406.20
The stock maintained its upward trajectory, gaining another 2.00% to close at Rs.406.20. This marked the 15th consecutive day of gains, reflecting strong investor confidence and sustained buying interest. The Sensex recovered modestly with a 0.41% gain, but SMT Engineering Ltd’s outperformance remained pronounced. The stock’s position above all key moving averages continued to support its bullish trend.
26 February 2026: New 52-Week and All-Time High at Rs.414.30
SMT Engineering Ltd reached yet another milestone, hitting a new 52-week and all-time high of Rs.414.30, a 1.99% gain on the day. This extended the winning streak to 16 consecutive trading days, with a cumulative return of 37.16% over this period. The stock outperformed its sector by 1.94% and the Sensex by a significant margin, as the broader market rose only 0.19%. The technical indicators remained strongly positive, with the stock trading well above all major moving averages. The company’s one-year return surged to 4359.63%, highlighting its exceptional growth trajectory.
27 February 2026: Week Closes at Rs.422.55 on New Record High
Closing the week, SMT Engineering Ltd set a new 52-week and all-time high at Rs.422.55, gaining 1.99% on the day despite the Sensex declining by 1.16%. This marked 17 consecutive days of gains and a total return of 39.89% over this period. The stock outperformed its sector by 1.84%, maintaining strong technical momentum above all key moving averages. The company’s one-year return now stands at an extraordinary 4448.44%, vastly exceeding the Sensex’s 9.60% gain. This sustained rally underscores SMT Engineering Ltd’s dominant position within the Trading & Distributors sector.
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Daily Price Performance vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-23 | Rs.390.45 | +2.00% | 36,817.86 | +0.39% |
| 2026-02-24 | Rs.398.25 | +2.00% | 36,530.09 | -0.78% |
| 2026-02-25 | Rs.406.20 | +2.00% | 36,679.75 | +0.41% |
| 2026-02-26 | Rs.414.30 | +1.99% | 36,748.49 | +0.19% |
| 2026-02-27 | Rs.422.55 | +1.99% | 36,322.56 | -1.16% |
Key Takeaways
Strong Momentum and Consistency: SMT Engineering Ltd’s 17 consecutive days of gains and a 39.89% return over this period highlight exceptional momentum and sustained investor confidence.
Outperformance vs Sensex and Sector: The stock outperformed the Sensex by over 11 percentage points during the week and consistently beat its sector peers, signalling robust relative strength.
Technical Strength: Trading above all major moving averages throughout the week confirms a strong bullish trend and technical support for further price stability.
Exceptional Long-Term Returns: The company’s one-year return of 4448.44% and ten-year return exceeding 9000% underscore its extraordinary growth and value creation.
Rating and Valuation: Despite the impressive price gains, the Mojo Score remains at 64.0 with a ‘Hold’ rating, reflecting a cautious stance amid the rapid appreciation and mid-tier market capitalisation.
Conclusion
SMT Engineering Ltd’s remarkable weekly performance, characterised by multiple new highs, sustained consecutive gains, and significant outperformance relative to the Sensex and sector, marks a notable phase in its market journey. The stock’s strong technical positioning and exceptional long-term returns highlight its dominant role within the Trading & Distributors sector. While the current Mojo rating of ‘Hold’ suggests measured caution, the company’s consistent rally and robust fundamentals underscore its continued market relevance and investor appeal as of late February 2026.
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