Trident Ltd Hits Intraday High with 11.2% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Trident Ltd opened with a significant gap up of 18.21%, signalling strong buying interest from the outset. The stock continued its upward trajectory throughout the session, touching an intraday peak of Rs 30.85, which represents a 19.53% gain on the day. This surge was accompanied by an 11.2% increase in the stock’s day change, outperforming the garments and apparels sector by 1.42% and the broader textile sector, which gained 9.78% on the same day.

The stock’s performance marked a reversal after two consecutive days of decline, indicating renewed strength in trading activity. Notably, Trident Ltd’s price remained above its 5-day, 20-day, 50-day, and 100-day moving averages, although it continued to trade below its 200-day moving average, suggesting a mixed medium-term technical outlook.

Sector and Market Context

The garments and apparels sector witnessed positive momentum, with the textile segment gaining 9.78% on the day. Despite this sectoral strength, the broader market showed signs of volatility. The Sensex opened sharply higher by 3,656.74 points but subsequently lost momentum, falling by 1,403.15 points to trade at 83,920.05, down 2.76% for the day. The index remained 2.67% below its 52-week high of 86,159.02. While the Sensex traded below its 50-day moving average, the 50DMA itself was positioned above the 200DMA, indicating a cautiously optimistic medium-term trend. Mega-cap stocks led the market gains, contrasting with the broader index’s decline.

Performance Metrics and Historical Trends

Trident Ltd’s one-day performance of 10.54% significantly outpaced the Sensex’s 2.67% gain. Over the past week, the stock has risen 10.37%, compared to the Sensex’s 2.43%. The one-month performance also remained positive at 5.55%, while the Sensex declined by 2.23% during the same period. However, the stock’s three-month performance showed a slight decline of 1.28%, marginally worse than the Sensex’s 0.16% drop.

Year-to-date, Trident Ltd has gained 6.61%, outperforming the Sensex’s negative 1.61% return. Over longer horizons, the stock’s performance has been mixed: a 7.40% decline over one year versus an 8.63% gain for the Sensex, and a 12.75% drop over three years compared to the Sensex’s 37.81% rise. Nevertheless, the company has delivered strong returns over five and ten years, with gains of 101.48% and 445.51% respectively, surpassing the Sensex’s 66.84% and 246.15% returns over the same periods.

Mojo Score and Rating Update

Trident Ltd currently holds a Mojo Score of 43.0, reflecting a Sell grade as of 11 Aug 2025, following a downgrade from a Hold rating. The company’s market cap grade stands at 3, indicating a mid-tier market capitalisation within its sector. This rating adjustment and score provide context to the stock’s valuation and risk profile amid its recent price movements.

Technical Positioning and Moving Averages

The stock’s price action today saw it trading above its short- and medium-term moving averages, including the 5-day, 20-day, 50-day, and 100-day averages. This positioning suggests positive momentum in the near term. However, the price remains below the 200-day moving average, a key long-term technical indicator, which may temper the outlook for sustained upward movement. The gap-up opening and subsequent intraday high reinforce the strength of today’s trading session, highlighting a notable shift in market sentiment for Trident Ltd within the garments and apparels sector.

Market Dynamics and Sectoral Influence

While Trident Ltd demonstrated strong gains, the broader market environment was mixed. The Sensex’s initial gap-up opening was followed by a significant retracement, reflecting volatility and profit-taking among investors. Mega-cap stocks led the market’s gains, contrasting with the broader index’s decline. Within this context, Trident Ltd’s outperformance of both the Sensex and its sector underscores its distinct trading activity on the day.

Summary of Key Figures

To summarise, Trident Ltd’s key intraday figures on 3 Feb 2026 include:

• Opening price gap up: +18.21%
• Intraday high: Rs 30.85 (+19.53%)
• Day change: +11.2%
• Outperformance vs sector: +1.42%
• Textile sector gain: +9.78%
• Sensex performance: -2.76%

These figures highlight the stock’s strong intraday momentum and relative strength within its sector and the broader market.

Conclusion

Trident Ltd’s strong intraday surge to Rs 30.85 on 3 Feb 2026 marks a significant rebound after recent declines, supported by a gap-up opening and sustained buying interest. The stock’s performance outpaced both its sector and the broader market, despite volatility in the Sensex. Technical indicators show positive momentum in the short to medium term, although the price remains below the 200-day moving average. This trading session reflects a notable shift in market dynamics for Trident Ltd within the garments and apparels industry.

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