Tijaria Polypipes Ltd Drops 11.84%: 6 Key Events Shaping the Week

09 February 2026: Strong Rally to Upper Circuit

On Monday, Tijaria Polypipes Ltd surged impressively by 7.95% to close at ₹7.20, hitting the upper circuit limit amid robust buying pressure. The stock outperformed the Sensex, which gained 1.04% to 37,113.23. This rally was driven by heightened investor interest and sustained demand, pushing the stock well above its key moving averages. Trading volume was strong at 77,944 shares, signalling genuine accumulation rather than speculative trading. Despite the positive price action, the company’s Mojo Score remained low at 17.0 with a Strong Sell grade, reflecting underlying fundamental concerns.

10 February 2026: Another Upper Circuit Despite Mixed Market

Tijaria Polypipes continued its volatile journey on Tuesday, again hitting the upper circuit limit, closing at ₹6.84, down 5.00% from the previous close but still reaching the maximum permissible gain intraday at ₹7.51. The broader market was mixed, with the Sensex rising modestly by 0.25%. The stock’s trading volume increased slightly to 79,169 shares, and delivery volumes surged, indicating sustained investor interest. However, the price decline from the previous day’s close suggested emerging volatility. The regulatory freeze on further buying highlighted the imbalance between demand and supply at elevated price levels.

11 February 2026: Sharp Reversal Hits Lower Circuit

Wednesday marked a dramatic shift as Tijaria Polypipes plunged 4.97% to ₹6.50, hitting the lower circuit limit amid heavy selling pressure. This decline starkly contrasted with the Sensex’s marginal 0.13% gain, signalling stock-specific weakness. Trading volumes dropped sharply to 6,579 shares, and delivery volumes fell by nearly 80%, reflecting waning investor confidence. The lower circuit breaker was triggered to curb panic selling, but the sustained decline raised concerns about the stock’s near-term outlook. The stock’s position below its 200-day moving average further underscored technical weakness.

12 February 2026: Q3 Results Disappoint, Lower Circuit Again

The company’s Q3 FY26 results released on Thursday revealed mounting losses, signalling deepening operational challenges. The stock reacted negatively, hitting the lower circuit limit again at ₹6.18, down 4.92%. This decline was sharper than the sector’s 0.22% fall and the Sensex’s 0.56% drop. Trading volumes remained subdued at 6,401 shares, with delivery volumes plunging by over 98%, indicating a retreat by long-term investors. The stock’s technical indicators showed mixed signals, trading below the 5-day and 200-day moving averages but above some medium-term averages, reflecting short-term weakness amid longer-term uncertainty.

13 February 2026: Continued Selling Pressure Hits Lower Circuit

Friday saw Tijaria Polypipes Ltd continue its downward spiral, hitting the lower circuit limit at ₹5.88, a 4.85% decline on the day. This underperformance was stark compared to the sector’s 1.76% fall and the Sensex’s 0.98% decline. The stock’s cumulative loss over the last four sessions reached 18.3%, highlighting sustained selling pressure and investor apprehension. Trading volumes were thin at 1,843 shares, and delivery volumes dropped by nearly 98%, underscoring a lack of buyer interest. The stock’s Mojo Grade remained a Strong Sell, reflecting deteriorating fundamentals and heightened risk.

Daily Price Comparison: Tijaria Polypipes Ltd vs Sensex

Key Takeaways

Positive Signals: The initial two days of the week demonstrated strong buying interest, with the stock hitting upper circuit limits and outperforming the Sensex and sector indices. Elevated delivery volumes during this period indicated genuine investor participation rather than speculative trading.

Cautionary Signals: The subsequent three days saw a sharp reversal with consecutive lower circuit hits, reflecting intense selling pressure and panic among investors. The company’s Q3 FY26 results revealed mounting losses, exacerbating negative sentiment. Declining delivery volumes and thin trading activity suggest waning investor confidence and liquidity challenges. The persistent Strong Sell Mojo Grade highlights fundamental weaknesses and elevated risk.

Technical and Market Context: The stock’s failure to sustain levels above key moving averages, especially the 200-day average, signals a bearish technical outlook. Its micro-cap status contributes to heightened volatility and susceptibility to sharp price swings on modest volumes. The stock’s underperformance relative to the broader market and sector underscores company-specific challenges beyond general market trends.

Conclusion

Tijaria Polypipes Ltd’s week was marked by extreme volatility, beginning with robust buying that propelled the stock to upper circuit limits, followed by a steep decline culminating in three consecutive lower circuit hits. The release of disappointing Q3 results and deteriorating fundamentals weighed heavily on investor sentiment, reflected in sharply falling prices and volumes. While the initial rally suggested short-term enthusiasm, the subsequent sell-off and persistent Strong Sell rating highlight significant risks. Market participants should remain cautious, closely monitoring any fundamental developments or sectoral shifts before considering exposure to this micro-cap stock.

Unlock special upgrade rates for a limited period. Start Saving Now →