TCI Express Ltd Hits Intraday High with 7.41% Surge on 29 Jan 2026

Jan 29 2026 03:16 PM IST
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TCI Express Ltd demonstrated robust intraday performance on 29 Jan 2026, surging to an intraday high of Rs 535, marking a 7.92% increase from its previous close. The stock outperformed its sector and the broader market, reflecting notable trading momentum in the transport services segment.
TCI Express Ltd Hits Intraday High with 7.41% Surge on 29 Jan 2026

Intraday Trading Highlights

On the trading day, TCI Express Ltd recorded a significant price appreciation, closing with a day change of 7.41%. The stock’s intraday high of Rs 535 represented a 7.92% gain, underscoring strong buying interest during the session. This performance notably outpaced the Sensex, which rose by a modest 0.22% on the same day, and the transport services sector, which the stock outperformed by 7.16%.

TCI Express Ltd has now registered gains for two consecutive trading days, accumulating a 9.3% return over this period. This short-term rally contrasts with the stock’s longer-term performance, which remains under pressure, but the recent uptick highlights a period of positive momentum.

Technical Positioning and Moving Averages

From a technical perspective, the stock is trading above its 5-day moving average, signalling short-term strength. However, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the broader trend is still subdued. This positioning suggests that while immediate trading activity is positive, the stock has yet to break through longer-term resistance levels.

Market Context and Sector Comparison

The broader market environment on 29 Jan 2026 was characterised by a steady rise in the Sensex. After a flat opening with a minor change of 24.28 points, the index climbed 215.06 points to close at 82,584.02, a 0.29% increase. The Sensex remains 4.33% below its 52-week high of 86,159.02. Mega-cap stocks led the market gains, while the Sensex traded below its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a cautiously optimistic market trend.

Within this context, TCI Express Ltd’s 7.41% gain stands out as a strong outperformance relative to the benchmark and its sector peers. The transport services sector, to which TCI Express belongs, saw more modest gains, making the stock’s intraday surge particularly notable.

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Performance Metrics Over Various Timeframes

While the stock’s intraday and short-term performance has been strong, its longer-term returns remain negative. Over one month, TCI Express Ltd declined by 7.02%, compared to a 2.56% drop in the Sensex. The three-month performance shows a sharper decline of 21.69%, against the Sensex’s 2.91% fall. Year-to-date, the stock is down 6.61%, while the Sensex has decreased by 3.16%.

Over the one-year horizon, TCI Express Ltd has underperformed significantly, with a loss of 31.39%, whereas the Sensex gained 7.83%. The three-year and five-year performances also reflect substantial underperformance, with declines of 69.98% and 41.44% respectively, contrasting with the Sensex’s gains of 39.09% and 78.30% over the same periods. The stock’s 10-year performance remains flat, while the Sensex has surged by 231.82%.

Mojo Score and Market Capitalisation Grade

TCI Express Ltd currently holds a Mojo Score of 31.0, categorised under a Sell grade as of 30 Jan 2023, following a downgrade from a Hold rating. The company’s market capitalisation grade stands at 3, reflecting its relative size and liquidity within the transport services sector.

Trading Activity and Investor Sentiment

The stock’s recent gains have been accompanied by increased trading volumes, indicating heightened market activity. The two-day consecutive rise and the intraday high of Rs 535 suggest that traders are responding to immediate catalysts, which have driven the stock’s outperformance relative to the sector and broader market indices.

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Summary of Today’s Market Movement

In summary, TCI Express Ltd’s strong intraday performance on 29 Jan 2026, marked by a 7.92% peak and a 7.41% day gain, stands out in a market where the Sensex rose by 0.29%. The stock’s ability to outperform its sector by over 7% and maintain gains over two consecutive days highlights a period of notable trading strength. Despite the positive short-term momentum, the stock remains below several key moving averages, reflecting ongoing challenges in regaining longer-term upward trends.

Market participants will note the divergence between the stock’s recent rally and its extended underperformance relative to the benchmark index. The current trading action underscores a phase of heightened activity and price appreciation within the transport services sector, with TCI Express Ltd at the forefront of this movement.

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