Triveni Turbine Ltd. Hits Intraday High with 8.37% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, Triveni Turbine Ltd. opened with a significant gap-up of 8.36%, signalling strong buying interest from the outset. The stock maintained upward momentum throughout the session, reaching a peak price of Rs 553, representing a 9.46% gain on the day. This intraday high was notably higher than the stock’s moving averages for 5, 20, 50, and 100 days, although it remained below the 200-day moving average, indicating a positive short- to medium-term trend with some longer-term resistance.

The stock’s day change of 8.37% considerably outpaced the Heavy Electrical Equipment sector’s gain of 3.53%, as well as the Sensex’s 2.34% advance. Triveni Turbine Ltd. outperformed the sector by 5.23% on the day, underscoring its relative strength within the industry.

Recent Performance and Momentum

Triveni Turbine Ltd. has been on a positive trajectory, registering gains for two consecutive days with a cumulative return of 9.89% over this period. The stock’s one-day performance of 9.46% significantly exceeded the Sensex’s 2.50% gain on the same day. Over the past week, the stock has surged 17.91%, while the Sensex posted a modest 2.26% increase. This recent momentum contrasts with the broader market’s mixed performance, where the Sensex remains 3.09% below its 52-week high of 86,159.02.

Longer-term returns for Triveni Turbine Ltd. show a mixed picture. The stock has declined 12.70% over the past year, underperforming the Sensex’s 8.44% gain. However, over three and five years, the stock has delivered substantial returns of 109.19% and 518.57% respectively, far outpacing the Sensex’s 37.58% and 66.56% gains over the same periods. The ten-year performance remains strong at 477.24%, compared to the Sensex’s 245.55%.

Sector and Market Context

The Heavy Electrical Equipment sector, to which Triveni Turbine Ltd. belongs, gained 3.53% on the day, supported by broader engineering sector strength. Despite this, Triveni Turbine Ltd.’s outperformance by over 5% highlights its distinct trading strength within the sector.

Meanwhile, the broader market displayed volatility. The Sensex opened sharply higher by 3,656.74 points but lost momentum to close down by 1,747.42 points, ending the day at 83,575.78, a 2.34% decline from its peak. The index remains below its 50-day moving average, though the 50DMA itself is positioned above the 200DMA, suggesting a mixed technical outlook. Mega-cap stocks led the market’s gains, contrasting with the mid- and small-cap segments where Triveni Turbine Ltd. is classified.

Mojo Score and Ratings Update

Triveni Turbine Ltd. holds a Mojo Score of 50.0, categorised as a Hold grade as of 30 Jan 2026, upgraded from a previous Sell rating. The market capitalisation grade stands at 3, reflecting its small-cap status within the Heavy Electrical Equipment sector. This upgrade in rating coincides with the recent positive price action and improved trading momentum.

Technical Indicators and Moving Averages

The stock’s price currently trades above its short- and medium-term moving averages (5, 20, 50, and 100 days), signalling positive momentum in recent trading sessions. However, it remains below the 200-day moving average, which may act as a resistance level in the near term. This technical setup suggests that while the stock is experiencing strong short-term gains, longer-term trends warrant close observation.

Summary of Trading Action

Triveni Turbine Ltd.’s strong intraday performance on 3 Feb 2026 was characterised by a gap-up opening, sustained buying interest, and a peak price of Rs 553. The stock’s gains outpaced both its sector and the broader market, reflecting a notable shift in trading dynamics. The two-day consecutive gains and recent upgrade in Mojo Grade from Sell to Hold further underscore the stock’s improving technical and market positioning.

While the broader market experienced volatility and the Sensex retreated from its opening highs, Triveni Turbine Ltd. maintained its upward trajectory, highlighting its relative strength among small-cap stocks in the Heavy Electrical Equipment sector.

Investors monitoring the stock will note its current position above key moving averages, balanced against resistance near the 200-day moving average. The stock’s recent performance metrics, including a 17.91% gain over the past week and a 2.77% year-to-date return, provide additional context for its trading behaviour.

Market Capitalisation and Sector Placement

As a small-cap entity within the Heavy Electrical Equipment sector, Triveni Turbine Ltd. holds a market cap grade of 3. The sector itself has shown moderate gains, supported by engineering industry trends, but the stock’s outperformance suggests selective strength among its peers.

Comparative Performance Metrics

Over multiple time horizons, Triveni Turbine Ltd. has delivered mixed returns relative to the Sensex. While the one-year return is negative at -12.70%, the stock’s longer-term performance remains robust, with five-year gains exceeding 500%. This contrast highlights the stock’s cyclical nature and the importance of timeframe in performance assessment.

Conclusion

Triveni Turbine Ltd.’s intraday high of Rs 553 on 3 Feb 2026, coupled with an 8.37% day change and a gap-up opening, marks a significant trading day for the stock. Its outperformance relative to the sector and Sensex, alongside recent rating upgrades and positive moving average trends, reflects a strengthening technical profile amid a volatile market environment.

Market participants will continue to observe the stock’s ability to sustain gains above key moving averages and navigate resistance levels, while the broader sector and market conditions evolve.

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