Solar Industries India Ltd Hits Intraday High with 5.1% Surge on 3 Feb 2026

Intraday Trading Highlights

On the trading day, Solar Industries India Ltd opened with a significant gap up of 4.6%, signalling strong buying interest from the outset. The stock continued its upward momentum throughout the session, reaching a peak price of Rs 13,873.45, representing a 5.12% increase from the previous close. This intraday high was accompanied by a day change of 5.1%, reflecting sustained strength in the share price.

The stock’s performance notably outpaced the Chemicals sector, which itself gained 4.6% on the day, and the Sensex, which closed with a 2.53% gain. Solar Industries India Ltd outperformed the sector by 1.33%, underscoring its relative strength within the industry.

Technical Positioning and Moving Averages

From a technical perspective, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive short- to medium-term momentum. However, it remains below its 200-day moving average, suggesting some longer-term resistance. This positioning reflects a recovery phase after two consecutive days of decline, with the current surge marking a trend reversal.

The gap up opening and subsequent intraday high suggest renewed buying interest and a shift in market sentiment towards the stock within the Other Chemical products sector.

Market Context and Sector Performance

The broader market environment on 3 Feb 2026 was mixed. The Sensex opened sharply higher by 3,656.74 points but lost momentum to close at 83,731.58, down by 1,591.62 points intraday, ending with a 2.53% gain overall. Despite this volatility, mega-cap stocks led the market gains, supporting the positive trend in key sectors.

Within this context, the Chemicals sector’s 4.6% gain was a strong contributor to market breadth, with Solar Industries India Ltd emerging as one of the notable outperformers. The Sensex remains close to its 52-week high, just 2.9% below the peak of 86,159.02, with the 50-day moving average trading above the 200-day moving average, signalling a generally positive medium-term market trend.

Performance Metrics and Historical Trends

Solar Industries India Ltd’s recent performance highlights a strong recovery and sustained growth over various time frames. The stock’s one-day gain of 6.28% significantly outperformed the Sensex’s 2.53% rise. Over the past week, the stock has appreciated by 9.44%, compared to the Sensex’s 2.29% increase, while the one-month performance shows a 13.72% gain against the Sensex’s decline of 2.37%.

Longer-term trends remain robust, with a one-year return of 47.10% versus the Sensex’s 8.48%, and an impressive three-year gain of 258.37% compared to the Sensex’s 37.62%. Over five and ten years, the stock has delivered extraordinary returns of 1,048.57% and 2,130.06% respectively, far exceeding the Sensex’s 66.61% and 245.67% gains in the same periods.

Year-to-date, Solar Industries India Ltd has gained 14.42%, while the Sensex has declined by 1.75%, further emphasising the stock’s relative strength in the current market environment.

Mojo Score and Rating Update

The company currently holds a Mojo Score of 55.0, with a Mojo Grade of Hold as of 17 Nov 2025, following a downgrade from a previous Buy rating. The Market Cap Grade stands at 1, reflecting its market capitalisation status within the Other Chemical products sector. This rating adjustment indicates a more cautious stance on the stock’s near-term outlook, despite the strong intraday performance observed.

Summary of Trading Action

Solar Industries India Ltd’s strong intraday surge on 3 Feb 2026 reflects a notable shift in market dynamics for the stock. The gap up opening and sustained gains throughout the session highlight renewed momentum after a brief period of decline. The stock’s ability to outperform both its sector and the broader market indices underscores its current trading strength.

While the stock remains below its 200-day moving average, the positive positioning above shorter-term averages suggests a constructive technical setup. The broader market’s mixed performance, with mega-cap stocks leading gains, provides a backdrop of selective strength that Solar Industries India Ltd has capitalised on effectively.

Investors and market participants will observe how this momentum develops in the coming sessions, with the stock’s recent performance marking a key intraday milestone in its trading activity.

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