Spice Islands Industries Ltd Hits New 52-Week High at Rs.297.95

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Spice Islands Industries Ltd, a key player in the Gems, Jewellery And Watches sector, achieved a significant milestone today by reaching a new 52-week high of Rs.297.95. This marks a remarkable surge in the stock’s valuation, reflecting strong momentum and sustained gains over recent sessions.
Spice Islands Industries Ltd Hits New 52-Week High at Rs.297.95

Stock Performance and Price Movement

On 12 Feb 2026, Spice Islands Industries Ltd recorded an intraday peak at Rs.297.95, representing a 4.89% increase from the previous close. The stock opened with a notable gap up of 4.56%, signalling robust buying interest at the outset of trading. Over the last two trading days, the stock has delivered a cumulative return of 9.61%, underscoring a positive trend in price appreciation.

The stock’s day change of 4.84% outperformed its sector by 5.29%, highlighting its relative strength within the Gems, Jewellery And Watches industry. This outperformance is particularly significant given the broader market context, where the Sensex opened lower by 265.21 points and was trading down 0.41% at 83,891.79 at the time of reporting.

Technical Indicators and Moving Averages

Spice Islands Industries Ltd is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of short-, medium-, and long-term moving averages above the current price level is indicative of sustained upward momentum and a bullish technical setup.

Such a comprehensive technical positioning often reflects strong investor confidence and can act as a support base for further price stability. The stock’s ability to maintain levels above these averages suggests resilience and a favourable trend trajectory over multiple time horizons.

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Long-Term Performance and Market Context

Over the past year, Spice Islands Industries Ltd has delivered an extraordinary return of 705.74%, vastly outperforming the Sensex’s 10.07% gain over the same period. This remarkable appreciation from a 52-week low of Rs.31.60 to the current high of Rs.297.95 underscores the stock’s strong recovery and growth trajectory within its sector.

Despite the broader market’s cautious tone, with the Sensex trading 2.7% below its own 52-week high of 86,159.02, Spice Islands Industries Ltd has demonstrated exceptional relative strength. The Sensex itself has been on a three-week consecutive rise, gaining 2.89%, but remains below its 50-day moving average, contrasting with the stock’s robust technical positioning.

Mojo Score and Rating Update

The company’s Mojo Score currently stands at 46.0, reflecting a Sell grade. This represents an upgrade from a previous Strong Sell rating as of 5 June 2025. The Market Cap Grade is rated at 4, indicating a moderate market capitalisation relative to peers. While the rating remains cautious, the recent price action and technical momentum highlight a notable shift in market perception and valuation dynamics.

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Sector and Industry Positioning

Operating within the Gems, Jewellery And Watches sector, Spice Islands Industries Ltd’s recent price surge reflects a broader trend of selective strength among mid and micro-cap stocks in this space. The sector’s performance has been mixed, with some stocks facing headwinds, but Spice Islands Industries Ltd’s ability to outperform its peers and the sector average by over 5% today highlights its distinctive momentum.

The stock’s rally is supported by sustained buying interest and technical factors, including its position above all major moving averages and a strong relative performance against sector benchmarks. This combination of factors has propelled the stock to its highest level in over a year, marking a key milestone for the company and its shareholders.

Summary of Key Metrics

To summarise, Spice Islands Industries Ltd’s key performance indicators as of 12 Feb 2026 are:

  • New 52-week and all-time high price: Rs.297.95
  • Day’s high increase: 4.89%
  • Day change: +4.84%
  • Outperformance vs sector: +5.29%
  • Consecutive gain over 2 days: 9.61%
  • Trading above 5, 20, 50, 100, and 200-day moving averages
  • Mojo Score: 46.0 (Sell), upgraded from Strong Sell on 5 June 2025
  • Market Cap Grade: 4
  • 1-year return: 705.74% vs Sensex 10.07%

The stock’s performance today and over the recent period highlights a significant shift in market dynamics for Spice Islands Industries Ltd, reflecting both technical strength and a strong recovery from its lows.

Market Overview

While Spice Islands Industries Ltd has surged, the broader market has shown some caution. The Sensex, India’s benchmark index, opened lower and was trading at 83,891.79, down 0.41% from the previous close. Despite this, the Sensex remains on a three-week upward trend, gaining 2.89%, though it is still 2.7% below its own 52-week high. The index’s 50-day moving average remains above its 200-day moving average, signalling a generally positive medium-term trend despite short-term volatility.

In this context, Spice Islands Industries Ltd’s ability to buck the broader market trend and achieve a new 52-week high is a noteworthy development, underscoring its unique momentum within the Gems, Jewellery And Watches sector.

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