Key Events This Week
Jan 27: Stock hits 52-week low at Rs.252.8
Jan 28: Sharp rebound with 6.89% gain to Rs.274.70
Jan 29: Quarterly results reveal mounting losses
Jan 30: Strong rally closes week at Rs.291.00 (+6.87%)
27 January: Stock Hits 52-Week Low Amid Continued Downtrend
TRF Ltd’s shares opened the week on a weak note, falling 1.63% to close at Rs.257.00 on 27 January, marking a fresh 52-week low of Rs.252.8 during intraday trading. This decline extended the stock’s losing streak to two sessions, with a cumulative loss of 4.39%. The day’s volatility saw the stock briefly recover intraday but ultimately succumb to selling pressure, reflecting ongoing concerns about the company’s financial health and sectoral challenges.
Despite the stock’s weakness, the broader market was buoyant, with the Sensex gaining 0.50% to 35,786.84. TRF Ltd’s underperformance relative to the index and its sector peers highlighted persistent headwinds, including deteriorating sales and profitability metrics. The stock traded below all key moving averages, signalling a sustained bearish technical outlook.
28 January: Sharp Rebound on Strong Buying Interest
Following the prior day’s lows, TRF Ltd staged a robust recovery on 28 January, surging 6.89% to close at Rs.274.70. This sharp rebound was accompanied by a notable increase in volume, more than tripling from the previous day’s 465 to 1,383 shares traded, indicating renewed investor interest. The rally outpaced the Sensex’s 1.12% gain, signalling a significant shift in market sentiment.
The bounce back was likely driven by bargain hunting after the stock’s recent decline, as well as anticipation ahead of the company’s quarterly results. The intraday price action showed resilience, with the stock maintaining gains despite broader market volatility.
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29 January: Quarterly Results Reveal Mounting Losses
On 29 January, TRF Ltd’s shares slipped 0.87% to Rs.272.30 despite the broader market’s modest 0.22% gain. The day’s decline followed the release of the company’s Q2 FY26 results, which painted a challenging picture. Revenue declined sharply by 32.73% to Rs.72.87 crore for the nine months ended December 2025, while profit after tax fell by 33.39% to Rs.11.53 crore.
The quarterly operating profit also deteriorated, with a 9.41% decline marking the tenth consecutive quarter of negative results. Profit before tax excluding other income plummeted by 91.60% year-on-year to a marginal Rs.0.20 crore. These figures underscored the accelerating revenue decline and mounting losses, which weighed on investor sentiment despite the stock’s recent rebound.
30 January: Strong Rally Closes Week on a High Note
TRF Ltd closed the week with a strong rally on 30 January, surging 6.87% to Rs.291.00 on heavy volume of 3,730 shares, the highest for the week. This gain marked the week’s high and capped an 11.39% weekly advance, significantly outperforming the Sensex’s 1.62% rise. The rally came despite the Sensex retreating 0.22% on the day, highlighting the stock’s resilience and renewed buying interest.
The strong finish reflected a technical rebound from the 52-week low and possibly short-covering after the disappointing quarterly results. The stock’s price remains below its 52-week high of Rs.449.80, but the week’s gains suggest a potential shift in momentum after a prolonged downtrend.
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Daily Price Comparison: TRF Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-01-27 | Rs.257.00 | -1.63% | 35,786.84 | +0.50% |
| 2026-01-28 | Rs.274.70 | +6.89% | 36,188.16 | +1.12% |
| 2026-01-29 | Rs.272.30 | -0.87% | 36,266.59 | +0.22% |
| 2026-01-30 | Rs.291.00 | +6.87% | 36,185.03 | -0.22% |
Key Takeaways
TRF Ltd’s week was marked by significant volatility, with the stock initially hitting a 52-week low before rallying strongly to close at a weekly high. The 11.39% weekly gain notably outpaced the Sensex’s 1.62% rise, reflecting a sharp shift in investor sentiment despite ongoing fundamental challenges.
The company’s quarterly results revealed accelerating revenue declines and mounting losses, which tempered enthusiasm and contributed to intraday weakness on 29 January. However, the strong volume-backed rallies on 28 and 30 January suggest that bargain hunters and technical traders found value at lower levels.
Despite the rebound, TRF Ltd’s share price remains well below its 52-week high of Rs.449.80, and the company continues to face headwinds from deteriorating sales and profitability. The stock’s technical positioning remains mixed, with recent gains offsetting prior weakness but not yet signalling a sustained uptrend.
Investors should note the company’s strong return on equity of 38.83% and debt-free balance sheet, which provide some financial stability amid the challenging operating environment. However, the persistent decline in net sales and profits highlights the need for cautious monitoring of future performance.
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