Supreme Power Equipment Ltd Plunges to Lower Circuit Amid Heavy Selling Pressure

Sharp Decline and Lower Circuit Triggered

On 11 Feb 2026, Supreme Power Equipment Ltd’s stock price fell from an intraday high of ₹174.00 to a low of ₹131.35, ultimately settling near the lower price band of ₹140.85. The stock hit the maximum permissible daily loss limit of 20%, reflecting a severe sell-off by investors. This decline was significantly steeper than the sector’s 1-day return of -2.28% and contrasted with the Sensex’s marginal gain of 0.02%, highlighting the stock’s isolated weakness.

The stock’s price band for the day was ₹20, and the closing price was just above the lower circuit threshold, indicating that the selling pressure was so intense that it prevented any meaningful recovery during the trading session.

Heavy Volumes and Unfilled Supply

The total traded volume for the day stood at 12.01 lakh shares, generating a turnover of ₹17.07 crore. This volume was accompanied by a delivery volume of 1.07 lakh shares on 10 Feb 2026, which surged by 414.42% compared to the five-day average delivery volume. Such a spike in delivery volume suggests that investors were not only trading intraday but also offloading their holdings decisively, signalling panic selling and a lack of confidence in the stock’s near-term prospects.

Liquidity remained adequate for trades up to ₹0.02 crore based on 2% of the five-day average traded value, but the overwhelming supply of shares at lower price levels remained unabsorbed, pushing the stock into the lower circuit.

Technical Weakness Across Moving Averages

From a technical standpoint, Supreme Power Equipment Ltd is trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling a sustained downtrend. This technical deterioration aligns with the stock’s downgrade in Mojo Grade from Hold to Sell on 7 Jan 2026, reflecting a negative shift in market sentiment and fundamental outlook.

The company’s Mojo Score currently stands at 41.0, reinforcing the bearish stance. The downgrade was driven by deteriorating financial metrics and subdued market capitalisation, which currently stands at ₹412 crore, categorising it as a micro-cap stock with elevated risk and volatility.

Sectoral and Market Context

The Other Electrical Equipment sector, to which Supreme Power belongs, experienced a modest decline of 2.28% on the same day, indicating that the stock’s plunge was not reflective of broader sector weakness but rather company-specific concerns. The Sensex’s near-flat performance further underscores that the market’s overall risk appetite remained stable, isolating Supreme Power’s fall as a result of internal or fundamental issues.

Investors should note that Supreme Power’s micro-cap status often entails higher volatility and susceptibility to sharp price swings, especially when liquidity is limited and supply-demand imbalances arise.

Fundamental and Sentiment Challenges

Supreme Power Equipment Ltd’s downgrade from Hold to Sell by MarketsMOJO on 7 Jan 2026 was driven by a combination of factors including weak earnings outlook, subdued revenue growth, and deteriorating profitability metrics. The company’s financial health and operational performance have failed to inspire confidence among investors, leading to increased selling pressure.

The Mojo Grade of Sell and a modest Market Cap Grade of 4 reflect concerns over the company’s ability to generate sustainable returns and maintain competitive positioning within the Other Electrical Equipment industry.

Investor sentiment has clearly turned negative, as evidenced by the panic selling and the stock’s inability to attract buyers even at sharply reduced prices. The unfilled supply of shares at lower levels suggests that market participants are either exiting positions or refraining from fresh purchases until clearer signs of recovery emerge.

Investor Takeaways and Outlook

For investors currently holding Supreme Power Equipment Ltd shares, the recent plunge and lower circuit hit serve as a cautionary signal. The stock’s technical and fundamental indicators point to continued weakness in the near term. Given the micro-cap nature of the company and the prevailing negative sentiment, investors should exercise prudence and consider risk management strategies.

Potential buyers are advised to await signs of stabilisation, such as a rebound above key moving averages or an upgrade in Mojo Grade, before initiating fresh positions. Meanwhile, those seeking exposure to the Other Electrical Equipment sector might explore alternative stocks with stronger fundamentals and more favourable technical setups.

Overall, Supreme Power Equipment Ltd’s current trajectory reflects a challenging environment marked by panic selling, unfilled supply, and deteriorating investor confidence. Market participants should monitor developments closely and factor in the heightened volatility and risk associated with this micro-cap stock.

Summary

Supreme Power Equipment Ltd’s stock suffered a severe setback on 11 Feb 2026, hitting the lower circuit limit after a 15.32% decline. Heavy volumes and a surge in delivery sales underscored panic selling, while the stock’s technical position remains weak below all major moving averages. The downgrade to a Sell rating and a low Mojo Score further dampen prospects. Investors are advised to approach the stock with caution amid ongoing volatility and unabsorbed selling pressure.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →