Key Events This Week
2 Feb: Stock opens at Rs.274.70, Sensex down 1.03%
3 Feb: Technical upgrade announced; stock surges 3.28% to Rs.283.70
4 Feb: Stock retreats 1.92% amid mixed fundamentals
5 Feb: Quarterly results released; stock rises 0.56%
6 Feb: Stock closes week at Rs.277.05, down 0.98% on day
Monday, 2 February 2026: Modest Start Amid Sensex Weakness
Starteck Finance began the week at Rs.274.70, edging up 0.09% from the previous close of Rs.274.45. This slight gain contrasted with a notable Sensex decline of 1.03%, which closed at 35,814.09. The stock’s resilience on a broadly negative market day suggested early investor interest despite broader market headwinds. Volume was moderate at 3,187 shares traded.
Tuesday, 3 February 2026: Technical Upgrade Spurs 3.28% Rally
The stock surged 3.28% to close at Rs.283.70, outperforming the Sensex’s 2.63% gain to 36,755.96. This rally coincided with MarketsMOJO’s upgrade of Starteck Finance’s rating from 'Strong Sell' to 'Sell' based on technical improvements despite mixed fundamentals. The upgrade reflected a shift to a less bearish technical outlook, with indicators such as the Dow Theory weekly signal turning mildly bullish. This positive momentum was supported by a volume increase to 3,309 shares, signalling growing investor interest.
Momentum just kicked in! This Small Cap from the Auto - Trucks sector entered our list with explosive short-term signals. Catch the wave while it's still building!
- - Fresh momentum detected
- - Explosive short-term signals
- - Early wave positioning
Wednesday, 4 February 2026: Profit-Taking Amid Mixed Fundamentals
Following the previous day’s rally, Starteck Finance retreated 1.92% to Rs.278.25, despite the Sensex advancing 0.37% to 36,890.21. This pullback reflected investor caution after the technical upgrade, as the company’s fundamentals remained mixed. While recent quarterly results showed strong profit growth, long-term metrics such as a modest 6.72% average ROE and a negative operating profit trend of -2.08% tempered enthusiasm. Volume remained steady at 3,146 shares.
Thursday, 5 February 2026: Quarterly Results Highlight Profit Surge
Starteck Finance edged up 0.56% to Rs.279.80 on the day, while the Sensex declined 0.53% to 36,695.11. The stock’s modest gain followed the release of Q2 FY25-26 results, which revealed a 125.4% surge in Profit After Tax to Rs.7.36 crores and record net sales of Rs.9.44 crores. However, the earnings were driven largely by non-operating income, raising concerns about sustainability. The mixed nature of the results contributed to a cautious market response. Trading volume dipped slightly to 3,003 shares.
Why settle for Starteck Finance Ltd? SwitchER evaluates this micro-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- - Comprehensive evaluation done
- - Superior opportunities identified
- - Smart switching enabled
Friday, 6 February 2026: Week Closes Slightly Lower
Starteck Finance ended the week at Rs.277.05, down 0.98% from the previous day’s close, while the Sensex inched up 0.10% to 36,730.20. The decline came on increased volume of 4,042 shares, suggesting some profit-taking after the week’s earlier gains. Despite the slight dip, the stock managed a weekly gain of 0.95%, though it underperformed the Sensex’s 1.51% advance. The week’s price action reflected a balance between technical optimism and fundamental caution.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-02 | Rs.274.70 | +0.09% | 35,814.09 | -1.03% |
| 2026-02-03 | Rs.283.70 | +3.28% | 36,755.96 | +2.63% |
| 2026-02-04 | Rs.278.25 | -1.92% | 36,890.21 | +0.37% |
| 2026-02-05 | Rs.279.80 | +0.56% | 36,695.11 | -0.53% |
| 2026-02-06 | Rs.277.05 | -0.98% | 36,730.20 | +0.10% |
Key Takeaways
Technical Upgrade Spurs Interest: The MarketsMOJO upgrade from 'Strong Sell' to 'Sell' on 3 February was a pivotal event, reflecting a stabilisation in technical indicators. The stock’s 3.28% gain that day demonstrated positive market reaction to improved momentum signals, including a mildly bullish Dow Theory weekly signal and softened bearish MACD and KST readings.
Mixed Fundamental Signals: Despite a strong quarterly profit surge of 125.4%, the earnings were largely influenced by non-operating income, raising questions about sustainability. Long-term fundamentals remain subdued, with a modest 6.72% ROE and a negative operating profit growth trend of -2.08%. These factors contributed to cautious investor sentiment and limited upside.
Performance Relative to Sensex: Starteck Finance’s 0.95% weekly gain lagged the Sensex’s 1.51% advance, indicating underperformance amid broader market strength. The stock’s volatility and mixed signals suggest a need for careful monitoring of both technical and fundamental developments.
Conclusion
Starteck Finance Ltd’s week was characterised by a cautious technical upgrade and a mixed earnings report that together shaped its modest price appreciation. While the technical outlook has improved, signalling a potential easing of downward pressure, fundamental concerns persist, particularly regarding the quality and sustainability of earnings growth. The stock’s slight underperformance relative to the Sensex underscores the need for investors to weigh these contrasting factors carefully. Overall, the week’s developments suggest a tentative stabilisation rather than a decisive turnaround, with the stock poised for further scrutiny in coming sessions.
Unlock special upgrade rates for a limited period. Start Saving Now →
