Solar Industries India Ltd Hits Intraday Low Amid Price Pressure on 6 Feb 2026

Intraday Performance and Price Movement

On the trading day, Solar Industries India Ltd recorded a fall of 3.22% from its previous close, touching a low of Rs 12,950. This decline was notably steeper than the Sensex’s drop of 0.42%, signalling a pronounced weakness in the stock relative to the broader market. The stock’s day change stood at -3.2%, underperforming the Other Chemical products sector by 1.76%.

The stock has now recorded losses for three consecutive sessions, cumulatively falling 6.52% over this period. This sequence of declines highlights a period of sustained selling pressure, which has pushed the stock below several key moving averages, including the 5-day, 20-day, 100-day, and 200-day averages. However, it remains above its 50-day moving average, indicating some underlying support at that level.

Market Context and Sector Comparison

The broader market environment on 6 Feb 2026 was characterised by a negative trend in the Sensex, which fell 289.19 points to close at 82,960.13. This represented a 0.42% decline after a flat opening, with the index trading approximately 3.86% below its 52-week high of 86,159.02. The Sensex was trading below its 50-day moving average, although the 50DMA itself remained above the 200DMA, suggesting mixed technical signals for the market overall.

Within this context, Solar Industries India Ltd’s sharper decline relative to the Sensex and its sector points to specific pressures impacting the stock. The Other Chemical products sector has experienced modest volatility, but Solar Industries India Ltd’s performance has lagged, reflecting a divergence from sector peers.

Technical Indicators and Moving Averages

Examining the technical landscape, Solar Industries India Ltd’s price action reveals a complex picture. The stock’s current price is above the 50-day moving average but below the shorter-term 5-day and 20-day moving averages, as well as the longer-term 100-day and 200-day averages. This positioning suggests that while there is some medium-term support, the short-term momentum is negative, contributing to the intraday weakness.

The stock’s Mojo Score stands at 61.0, with a Mojo Grade of Hold, downgraded from Buy on 17 Nov 2025. This adjustment reflects a reassessment of the stock’s near-term outlook based on recent performance and market conditions. The Market Cap Grade is 1, indicating a large-cap status but with limited momentum in the current phase.

Relative Performance Over Various Timeframes

Over the last day, Solar Industries India Ltd’s share price declined by 3.46%, significantly underperforming the Sensex’s 0.42% fall. The one-week performance shows a 4.14% loss for the stock, contrasting with a 0.84% gain in the Sensex. Over one month, the stock has marginally gained 0.50%, outperforming the Sensex’s 2.47% decline. However, the three-month trend remains negative with a 3.41% loss versus the Sensex’s 0.42% fall.

On a longer-term basis, the stock has delivered robust returns, with a one-year gain of 41.64% compared to the Sensex’s 6.28%. Year-to-date, Solar Industries India Ltd has risen 5.38%, outperforming the Sensex’s 2.65% decline. The three-year and five-year performances are particularly strong, with gains of 230.16% and 939.25% respectively, far exceeding the Sensex’s 37.11% and 63.53% returns. Over a decade, the stock has appreciated by 1983.93%, compared to the Sensex’s 237.00%.

Investor Sentiment and Immediate Pressures

The recent decline in Solar Industries India Ltd’s share price appears to be influenced by a combination of broader market weakness and stock-specific factors. The underperformance relative to the sector and benchmark index suggests that investors are responding to near-term pressures, reflected in the downgrade of the Mojo Grade from Buy to Hold in November 2025.

While the stock’s long-term performance remains strong, the short-term technical indicators and consecutive days of losses indicate a cautious market stance. The stock’s position below several key moving averages signals that momentum is currently subdued, which may be contributing to the intraday low and price pressure observed on 6 Feb 2026.

Overall, the trading session reflects a period of consolidation and adjustment for Solar Industries India Ltd, as it navigates a challenging market environment and recalibrates after recent gains.

Summary of Key Metrics

Solar Industries India Ltd’s Mojo Score: 61.0 (Hold, downgraded from Buy on 17 Nov 2025)

Market Cap Grade: 1 (Large Cap)

Day’s Low: Rs 12,950 (-3.22%)

3-Day Consecutive Loss: -6.52%

Relative Performance vs Sensex (1 Day): -3.46% vs -0.42%

Relative Performance vs Sensex (1 Week): -4.14% vs +0.84%

Relative Performance vs Sensex (1 Month): +0.50% vs -2.47%

Relative Performance vs Sensex (3 Months): -3.41% vs -0.42%

Relative Performance vs Sensex (1 Year): +41.64% vs +6.28%

Year-to-Date Performance: +5.38% vs -2.65%

Conclusion

Solar Industries India Ltd’s share price decline to an intraday low of Rs 12,950 on 6 Feb 2026 underscores the immediate price pressures facing the stock amid a broadly negative market backdrop. The stock’s underperformance relative to the Sensex and its sector, combined with technical indicators signalling short-term weakness, has contributed to the subdued trading session. While the stock’s long-term track record remains impressive, the current phase reflects a period of consolidation and cautious sentiment among market participants.

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