Sundaram Finance Ltd Hits Intraday High with 5.82% Surge on 2 Feb 2026

Intraday Trading Highlights

The stock of Sundaram Finance Ltd, a key player in the Non Banking Financial Company (NBFC) sector, recorded an intraday high of ₹5,231.05, marking a 4.99% rise from its previous close. This surge contributed to an overall day change of 5.82%, significantly outperforming the NBFC sector by 4.62% and the Sensex, which gained 0.72% after a volatile session.

Trading volumes and price action indicated strong buying interest throughout the day, with the stock maintaining levels above its 5-day, 50-day, 100-day, and 200-day moving averages. However, it remained slightly below its 20-day moving average, suggesting some short-term resistance.

Market Context and Sector Comparison

The broader market opened with a negative bias, with the Sensex dropping 167.26 points initially. However, a sharp recovery ensued, lifting the index by 751.67 points to close at 81,307.35. Despite the Sensex trading below its 50-day moving average, the 50DMA itself remains above the 200DMA, signalling a cautiously positive medium-term trend. Mega cap stocks led the rally, providing a supportive backdrop for mid-cap names like Sundaram Finance.

Within this environment, Sundaram Finance’s 4.72% one-day gain notably outperformed the Sensex’s 0.69% rise, underscoring the stock’s relative strength. Over the past week, the stock has gained 3.69%, contrasting with the Sensex’s decline of 0.32%. This trend of outperformance extends over longer periods, with the company delivering a 15.92% return over one year versus the Sensex’s 4.87%.

Price Performance and Valuation Metrics

Sundaram Finance’s current price remains 4.44% below its 52-week high of ₹5,415.45, indicating proximity to recent peak levels. The stock’s market capitalisation grade stands at 2, reflecting its mid-cap status within the NBFC sector. The company’s Mojo Score is 62.0, with a Hold grade as of 1 Feb 2026, following a downgrade from Buy earlier in the year.

Despite the recent grade adjustment, the stock’s performance metrics remain strong. Over three years, Sundaram Finance has delivered a cumulative return of 128.17%, substantially outperforming the Sensex’s 35.62% gain. Its five-year and ten-year returns stand at 177.87% and 284.48% respectively, compared to the Sensex’s 63.22% and 231.22% over the same periods.

Technical Indicators and Moving Averages

From a technical perspective, Sundaram Finance’s price action today was supported by its position above key moving averages, including the 5-day, 50-day, 100-day, and 200-day lines. This alignment typically signals underlying strength and investor confidence in the medium to long term. The only exception is the 20-day moving average, above which the stock has yet to close, suggesting a short-term hurdle that traders may watch closely in coming sessions.

The intraday high of ₹5,231.05 represents a 4.99% increase from the previous close, reinforcing the stock’s momentum during the trading day. This strong intraday performance was accompanied by a day change of 5.82%, highlighting the stock’s ability to outperform both its sector and the broader market on a volatile day.

Comparative Performance Over Various Timeframes

Examining Sundaram Finance’s returns relative to the Sensex over multiple timeframes reveals consistent outperformance. The stock’s one-month return of -1.47% contrasts with the Sensex’s steeper decline of -5.23%, while its three-month gain of 13.39% far exceeds the Sensex’s -3.17%. Year-to-date, the stock has declined 1.20%, but this is less severe than the Sensex’s 4.63% drop.

This pattern of relative strength is notable given the broader market volatility and sector-specific pressures. Sundaram Finance’s ability to maintain gains and recover swiftly during the trading session on 2 Feb 2026 underscores its resilience within the NBFC sector.

Summary of Market and Stock Dynamics

On 2 Feb 2026, Sundaram Finance Ltd’s stock demonstrated a strong intraday rally, touching ₹5,231.05 and closing with a 5.82% gain. This performance was achieved amid a volatile market session where the Sensex rebounded sharply from an early loss. The stock’s outperformance relative to both the Sensex and its sector highlights its current trading strength.

Technical indicators support this positive momentum, with the stock trading above most key moving averages. While the Mojo Grade was revised to Hold from Buy on 1 Feb 2026, the company’s long-term returns and recent price action reflect sustained investor interest and market confidence.

Overall, Sundaram Finance’s intraday high and strong performance on 2 Feb 2026 mark it as a notable mover within the NBFC sector and the broader market landscape.

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