The Anup Engineering Ltd Hits Intraday High with 10.55% Surge on 3 Feb 2026

Intraday Price Movement and Trading Action

The stock opened sharply higher with a gap-up of 13.92%, signalling strong buying interest from the outset. Throughout the trading session, The Anup Engineering Ltd maintained its upward trajectory, ultimately reaching an intraday peak at Rs 2,029.7, representing a 13.92% gain from the previous close. The day’s closing gain settled at 10.55%, marking a significant outperformance relative to the sector and market benchmarks.

Trading volumes and price action indicated sustained demand, with the stock outperforming the Industrial Manufacturing sector by 7.97% on the day. The sector itself advanced by 2.46%, while the Sensex closed with a gain of 2.62%, underscoring the stock’s relative strength amid broader market gains.

Short-Term Performance Trends

The Anup Engineering Ltd has been on a positive run, registering gains for two consecutive days. Over this period, the stock has delivered a cumulative return of 12.94%, reflecting a short-term bullish trend. This recent momentum contrasts with its longer-term performance, where the stock has experienced declines over the past one month (-12.91%) and three months (-16.86%).

Despite the recent rally, the stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, although it is trading above its 5-day moving average. This positioning suggests that while short-term momentum is positive, the stock has yet to reclaim its medium- and long-term technical levels.

Market Context and Sector Comparison

The broader market environment on 3 February 2026 was characterised by a volatile Sensex session. The index opened with a substantial gap-up of 3,656.74 points but later retraced 1,519.75 points to close at 83,803.45, down 2.62% from the opening level. Despite this volatility, the Sensex remained within 2.81% of its 52-week high of 86,159.02.

Within this context, The Anup Engineering Ltd’s 10.55% gain stands out as a strong intraday performer. The stock’s outperformance is particularly notable given the Sensex’s retreat from its opening highs. Mega-cap stocks led the market gains, while the engineering sector, to which The Anup Engineering Ltd belongs, advanced by 2.46%, further highlighting the stock’s relative strength.

Mojo Score and Rating Update

The Anup Engineering Ltd currently holds a Mojo Score of 43.0, categorised under a Sell grade. This represents a downgrade from its previous Hold rating, effective from 18 November 2025. The company’s market capitalisation grade stands at 3, reflecting its mid-tier market cap status within the industrial manufacturing sector.

Despite the recent positive price action, the Mojo grading indicates caution based on a comprehensive assessment of financial metrics and trend quality. The downgrade suggests that while the stock has shown short-term strength, underlying fundamentals and quality scores have not improved sufficiently to warrant a more favourable rating.

Performance Comparison with Benchmarks

Examining the stock’s performance relative to the Sensex over various time frames reveals a mixed picture. While The Anup Engineering Ltd outperformed the Sensex over the past day (10.08% vs 2.61%) and one week (13.31% vs 2.37%), it lagged behind over the one-month (-12.91% vs -2.29%) and three-month (-16.86% vs -0.22%) periods. Over the one-year horizon, the stock’s return was -33.33%, contrasting with the Sensex’s positive 8.56% gain.

Longer-term performance shows a strong cumulative gain over three and five years, with returns of 250.97% and 556.12% respectively, significantly outpacing the Sensex’s 37.73% and 66.74% gains over the same periods. This highlights the stock’s historical capacity for substantial growth despite recent volatility.

Summary of Key Metrics

The Anup Engineering Ltd’s market cap grade of 3 places it in a moderate capitalisation bracket within the industrial manufacturing sector. The stock’s recent two-day consecutive gains and intraday surge to Rs 2,029.7 reflect a short-term positive momentum. However, the current Mojo Sell grade and its position below key moving averages beyond the 5-day suggest that the stock remains under pressure from a medium-term technical perspective.

Sectoral gains of 2.46% and the Sensex’s 2.62% rise on the day provide a supportive backdrop, yet the stock’s outperformance by over 7.9% relative to its sector highlights its distinct trading strength on 3 February 2026.

Technical Positioning and Moving Averages

The stock’s price action today saw it trading above the 5-day moving average, signalling short-term strength. However, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the stock has not yet broken through longer-term resistance levels. This technical setup suggests that while immediate trading momentum is positive, the stock has further hurdles to clear to regain sustained upward trends.

Sector and Market Dynamics

The engineering sector’s gain of 2.46% on the day was modest compared to The Anup Engineering Ltd’s 10.55% rise. The broader market’s mixed session, with the Sensex retreating after a strong opening, underscores the stock’s relative outperformance. Mega-cap stocks led the market rally, but The Anup Engineering Ltd’s mid-cap status and strong intraday gains highlight its distinct trading pattern within the industrial manufacturing space.

Conclusion

On 3 February 2026, The Anup Engineering Ltd demonstrated a strong intraday performance, hitting a high of Rs 2,029.7 and closing with a 10.55% gain. The stock’s gap-up opening and sustained buying interest throughout the session contributed to its outperformance against both the sector and the Sensex. Despite this, the company’s current Mojo Sell rating and technical positioning below key moving averages suggest that the recent gains are part of a short-term rally within a broader context of mixed performance.

Investors and market participants will note the stock’s ability to outperform in a volatile market environment, while also recognising the importance of monitoring its medium- and long-term technical and fundamental indicators.

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