Key Events This Week
29 Dec 2025: New 52-week and all-time high at Rs.171.55
30 Dec 2025: Further 52-week high at Rs.180.12
31 Dec 2025: New peak reached at Rs.189.12
1 Jan 2026: Record high of Rs.198.55
2 Jan 2026: Week closes at Rs.170.75 (-4.98%)
29 December 2025: New 52-Week and All-Time High at Rs.171.55
Spice Islands Industries Ltd opened the week on a strong note, surging 4.99% to close at Rs.171.55, marking a new 52-week and all-time high. This milestone capped a remarkable rally with 13 consecutive days of gains, delivering a 78.68% return over that period. The stock outperformed its Gems, Jewellery and Watches sector peers by 4.83% amid a slightly negative Sensex, which declined 0.41% to 37,140.23. The price held firm at the high throughout the session, signalling strong demand and technical strength above all major moving averages.
30 December 2025: Continued Momentum with Rs.180.12 High
The rally extended on 30 December as the stock hit Rs.180.12, another 52-week and all-time high, gaining 5.00% on the day. This marked 14 consecutive days of gains and an 87.61% return over that stretch. The stock outperformed the sector by 5.42% while the Sensex remained nearly flat, dipping 0.01%. The absence of intraday price variation at the peak price indicated sustained buying interest and confidence among investors. The Mojo Grade remained at 'Sell' despite the strong technical performance.
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31 December 2025: New Peak at Rs.189.12 Amid Positive Market Momentum
On the final trading day of 2025, Spice Islands Industries Ltd surged 5.00% to Rs.189.12, setting yet another 52-week and all-time high. This marked 15 consecutive days of gains and a 96.98% return over that period. The stock outperformed its sector by 4.52% and the Sensex, which rose 0.83% to 37,443.41. The stock opened and closed at the high price, reflecting strong buying pressure and limited selling. The broader market environment was supportive, with the Sensex trading near its own 52-week high and small-cap stocks leading gains.
1 January 2026: Record High of Rs.198.55 on First Trading Day of the Year
Spice Islands Industries Ltd opened 2026 with a 4.99% gain, reaching a new 52-week and all-time high of Rs.198.55. This extended the winning streak to 16 consecutive trading days, delivering a remarkable 106.8% return over this period. The stock outperformed the Gems, Jewellery and Watches sector by 5.33% and the Sensex, which gained 0.14% to 37,497.10. The price remained steady at the peak throughout the session, supported by strong technical indicators and alignment above all major moving averages. Despite the impressive price action, the Mojo Grade remained at 'Sell', reflecting a cautious fundamental outlook.
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2 January 2026: Sharp Correction to Rs.170.75 on High Volume
The week concluded with a notable reversal as Spice Islands Industries Ltd declined 4.98% to close at Rs.170.75. This drop followed two days of strong gains and came on relatively lower volume of 1,119 shares. Despite the pullback, the stock still closed the week with a 4.50% gain, outperforming the Sensex’s 1.35% rise. The Sensex itself advanced 0.81% to 37,799.57 on the day. The correction may reflect profit-taking after an extended rally, but the stock remains well above all key moving averages, indicating underlying technical support.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2025-12-29 | Rs.171.55 | +4.99% | 37,140.23 | -0.41% |
| 2025-12-30 | Rs.180.12 | +5.00% | 37,135.83 | -0.01% |
| 2025-12-31 | Rs.189.12 | +5.00% | 37,443.41 | +0.83% |
| 2026-01-01 | Rs.179.70 | -4.98% | 37,497.10 | +0.14% |
| 2026-01-02 | Rs.170.75 | -4.98% | 37,799.57 | +0.81% |
Key Takeaways
Strong Technical Momentum: The stock recorded 16 consecutive days of gains, hitting multiple new 52-week and all-time highs, supported by trading above all major moving averages.
Outperformance vs Sensex and Sector: Over the week, Spice Islands Industries Ltd outpaced the Sensex’s 1.35% gain with a 4.50% rise, consistently outperforming its Gems, Jewellery and Watches sector peers by over 4% on key days.
Volume and Price Stability: The stock’s price stability at new highs with limited intraday variation on several days indicates strong demand and limited selling pressure.
Mojo Grade and Fundamental Caution: Despite the price rally, the Mojo Grade remains at 'Sell', reflecting a cautious fundamental outlook and signalling investors to consider underlying financial metrics carefully.
Profit-Taking and Correction: The sharp decline on 2 January suggests short-term profit-taking after an extended rally, but the stock remains well supported technically.
Conclusion
Spice Islands Industries Ltd’s week was characterised by a powerful rally that saw the stock reach new all-time highs on multiple occasions, driven by sustained buying interest and strong technical indicators. The stock’s outperformance relative to the Sensex and its sector underscores its robust momentum in the Gems, Jewellery and Watches industry. However, the recent correction on the final trading day and the unchanged Mojo Grade of 'Sell' suggest that investors should remain mindful of fundamental factors amid the strong price action. Overall, the stock’s performance this week highlights a dynamic phase of growth and resilience, setting a notable benchmark as it enters 2026.
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