Spice Islands Industries Ltd Hits All-Time High at Rs.228.65

Strong Price Momentum and Market Outperformance

The stock demonstrated a notable intraday gain of 4.98% today, outperforming the broader Sensex index which declined by 0.59%. Opening with a gap up of 4.68%, Spice Islands Industries Ltd maintained a narrow trading range of just Rs.0.65, signalling strong investor conviction and price stability at elevated levels. The stock’s upward trajectory has been consistent, with gains recorded over the past six consecutive trading sessions, delivering an impressive cumulative return of 33.91% during this period.

Further emphasising its strength, the stock outperformed its sector by 5.6% today, reflecting its leadership within the Gems, Jewellery and Watches industry. It is currently trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating a sustained bullish trend across short, medium, and long-term horizons.

Exceptional Long-Term Performance Versus Benchmarks

Spice Islands Industries Ltd’s price appreciation over various time frames has been extraordinary when compared to the Sensex benchmark. Over the last one year, the stock surged by 498.56%, vastly outpacing the Sensex’s 7.37% gain. The momentum extends further back, with a three-year return of 2254.79% against the Sensex’s 38.57%, and a five-year return of 4305.59% compared to the Sensex’s 67.79%. Even over a decade, the stock has delivered a robust 371.93% gain, surpassing the Sensex’s 236.62% growth.

Shorter-term performance also highlights the stock’s strength, with a one-month return of 117.04% and a three-month return of 203.61%, both significantly outperforming the Sensex which posted negative or marginally positive returns in these periods. Year-to-date, Spice Islands Industries Ltd has gained 20.90%, while the Sensex declined by 2.51%, further cementing its status as a standout performer in the current market environment.

Mojo Score and Market Capitalisation Insights

Despite the impressive price performance, the company’s Mojo Score currently stands at 46.0, categorised as a Sell rating. This represents an upgrade from a previous Strong Sell grade, which was revised on 5 June 2025. The market cap grade is rated at 4, reflecting the company’s relative size and valuation metrics within its sector and the broader market.

The upgrade in Mojo Grade from Strong Sell to Sell indicates some improvement in underlying fundamentals or market perception, though the rating remains cautious. This nuanced view highlights the importance of considering multiple factors beyond price action when analysing the stock’s overall quality and risk profile.

Sector Context and Comparative Performance

Operating within the Gems, Jewellery and Watches sector, Spice Islands Industries Ltd’s recent gains have outpaced sector averages by a significant margin. The sector has faced varied market conditions, yet the company’s stock has demonstrated resilience and leadership, as evidenced by its consistent outperformance over multiple time frames.

The stock’s ability to sustain gains above all major moving averages further supports the view of a strong technical foundation underpinning the rally. This technical strength, combined with the substantial returns relative to the Sensex and sector peers, marks a noteworthy milestone in the company’s market journey.

Summary of the Stock’s Journey to the Peak

Spice Islands Industries Ltd’s ascent to its all-time high of Rs.228.65 is the culmination of a sustained period of strong price appreciation, supported by consistent gains over the past six trading sessions and a remarkable long-term track record. The stock’s ability to outperform both the Sensex and its sector peers across multiple time frames highlights its exceptional market performance.

Trading above all key moving averages and maintaining a narrow intraday range at elevated levels further underscores the stock’s technical robustness. While the Mojo Score and grade suggest a cautious stance on fundamentals, the recent upgrade from Strong Sell to Sell indicates some positive developments in the company’s outlook.

This milestone reflects the company’s significant market presence within the Gems, Jewellery and Watches sector and marks a key moment in its valuation history.

Unlock special upgrade rates for a limited period. Start Saving Now →