Supreme Petrochem Ltd Hits Intraday High with 7.01% Surge on 9 Feb 2026

Intraday Trading Highlights

On the day, Supreme Petrochem Ltd demonstrated significant buying momentum, touching a peak price of Rs 645, which represents an 8.23% increase from its prior close. The stock’s day change stood at 7.01%, substantially outperforming the Sensex’s gain of 0.56% and the Chemicals sector’s rise of 2.52%. This marked a notable reversal after two consecutive days of decline, signalling renewed strength in the stock’s price action.

The stock’s performance today also outpaced the broader Petrochemicals sector by 4.63%, underscoring its relative strength within its industry group. Trading volumes and price action indicated a decisive shift in market sentiment during the session, with the stock maintaining levels above its 5-day, 20-day, and 50-day moving averages, although it remained below its 100-day and 200-day moving averages.

Market Context and Sector Movement

The broader market environment on 9 Feb 2026 was supportive, with the Sensex opening higher at 84,177.51 points, up 597.11 points or 0.71%. Although the index later traded slightly lower at 84,038.70 points (0.55% gain), it remained on a three-week consecutive rise, having gained 3.07% over that period. The Sensex was trading below its 50-day moving average, but the 50DMA itself was positioned above the 200DMA, indicating a cautiously positive medium-term trend.

Mega-cap stocks led the market gains, contributing to the Sensex’s advance. Supreme Petrochem Ltd’s outperformance against this backdrop highlights its strong intraday momentum relative to both large-cap indices and its sector peers.

Technical Positioning and Moving Averages

Supreme Petrochem Ltd’s price action today saw it trading above its short- and medium-term moving averages, specifically the 5-day, 20-day, and 50-day averages. This positioning often reflects positive short-term momentum and can attract technical traders looking for confirmation of strength. However, the stock remains below its longer-term 100-day and 200-day moving averages, which may indicate that the broader trend is still under pressure from a longer-term perspective.

The intraday high of Rs 645 represents a significant level, as it is an 8.23% increase from the previous close, suggesting strong buying interest during the session. The stock’s ability to sustain levels above key shorter-term averages after two days of decline points to a potential shift in near-term trading dynamics.

Performance Comparison Over Various Timeframes

Examining Supreme Petrochem Ltd’s performance over multiple time horizons reveals a mixed but generally positive picture. The stock outperformed the Sensex over the last day, week, and month, with gains of 7.01%, 9.29%, and 11.41% respectively, compared to the Sensex’s 0.56%, 2.91%, and 0.56% over the same periods.

However, over the three-month and one-year periods, the stock underperformed the benchmark, declining by 3.28% and 5.52% respectively, while the Sensex gained 1.00% and 7.95%. Year-to-date, Supreme Petrochem Ltd’s performance was slightly better than the Sensex, with a decline of 1.05% versus the index’s 1.38% fall.

Longer-term returns remain robust, with the stock delivering 63.67% over three years, 248.40% over five years, and an impressive 1075.58% over ten years, significantly outpacing the Sensex’s respective gains of 38.22%, 63.74%, and 249.89%. This highlights the company’s strong historical growth trajectory despite recent volatility.

Mojo Score and Rating Update

Supreme Petrochem Ltd currently holds a Mojo Score of 36.0, with a Mojo Grade of Sell, reflecting a downgrade from Hold on 3 Nov 2025. The Market Cap Grade stands at 3, indicating a mid-tier market capitalisation relative to peers. These metrics provide a quantitative assessment of the stock’s quality and market standing as of the latest evaluation.

Sector and Industry Overview

Operating within the Petrochemicals industry and sector, Supreme Petrochem Ltd’s performance today was notably stronger than the Chemicals sector’s 2.52% gain. This outperformance highlights the stock’s relative strength within its industry grouping on the day of trading.

The broader Chemicals sector’s moderate advance contrasts with Supreme Petrochem Ltd’s sharp intraday rise, suggesting company-specific factors or trading dynamics contributed to the stock’s elevated performance.

Summary of Market and Stock Performance

In summary, Supreme Petrochem Ltd’s strong intraday surge to Rs 645, a rise of 8.23%, and a day gain of 7.01% stands out in a market where the Sensex gained 0.56% and the Chemicals sector rose 2.52%. The stock’s recovery after two days of decline and its position above key short- and medium-term moving averages indicate a positive shift in trading momentum. Despite a Mojo Grade of Sell and a recent downgrade, the stock’s performance today was a clear outlier within its sector and the broader market.

Investors and market participants will note the stock’s ability to outperform in a moderately positive market environment, supported by the Sensex’s three-week consecutive rise and mega-cap leadership. Supreme Petrochem Ltd’s mixed performance over longer timeframes contrasts with its strong historical returns, underscoring the importance of monitoring both short-term price action and longer-term trends.

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