Ujaas Energy Ltd Gains 9.44%: 5 Key Factors Driving the Week’s Volatility

09 February 2026: Breakout to New Highs and Upper Circuit Surge

Ujaas Energy Ltd began the week with a powerful rally, surging 9.98% to close at Rs.194.55, a new 52-week and all-time high. The stock opened with a 9.02% gap up, reflecting strong overnight buying interest. This day marked the seventh consecutive session of gains, cumulatively delivering a 57.4% return over that period. The stock hit its upper circuit limit of 10%, closing at Rs.190.35, signalling intense buying pressure and a lack of sellers willing to transact below this price band.

Trading volumes were moderate at 7,083 shares, with delivery volumes rising 24.84% compared to the prior five-day average, indicating genuine accumulation. The stock outperformed the power sector by 9.04% and the Sensex by 9.48 percentage points, underscoring its distinct momentum within the sector and market.

Technically, Ujaas Energy traded above all key moving averages (5, 20, 50, 100, and 200-day), confirming a strong bullish trend. The stock’s high beta of 1.35 contributed to elevated intraday volatility of 155.95%, consistent with its small-cap status and active trading.

10 February 2026: Continued Rally with Another Upper Circuit and New High

The bullish momentum extended into 10 February, with Ujaas Energy hitting a fresh 52-week high of Rs.204.25, a 4.99% intraday gain. The stock opened 3.68% higher and closed at the upper circuit price of Rs.199.86, marking a 5% gain on the day. This represented the eighth consecutive day of gains, with a cumulative return of 64.12% over this stretch.

Despite modest traded volume of 2,825 shares, delivery volumes increased by 33.92%, signalling sustained investor interest. The stock outperformed its sector by 4.14% and the Sensex by 0.32%. Technical indicators remained positive, with the stock comfortably above all major moving averages and an intraday volatility of 42.84%.

11 February 2026: Ninth Consecutive Gain and Upper Circuit Close at Rs.209.85

On 11 February, Ujaas Energy continued its ascent, reaching a new 52-week high of Rs.214.45 and closing at Rs.209.85 after hitting the upper circuit limit of 5%. The stock gained 4.99% on the day, outperforming the power sector by 5.64% and the Sensex by 0.06%. This marked the ninth consecutive day of gains, with a cumulative return of 73.5% over this period.

Trading volumes were modest at 1,473 shares, with delivery volumes declining 5.39%, suggesting some cautious profit-taking. Nonetheless, the stock maintained its position above all key moving averages, reinforcing the prevailing bullish trend despite the small-cap volatility.

12 February 2026: Record High Followed by Sharp Lower Circuit Decline

Ujaas Energy hit its highest 52-week and all-time high at Rs.225.15 on 12 February, marking a peak after 17 consecutive days of gains. However, the session was volatile, with the stock closing sharply lower at Rs.199.36 after hitting the lower circuit limit of 5%. The intraday low was Rs.203.75, reflecting a significant reversal from the day’s high.

The stock underperformed its sector by 4.24% and the Sensex by 0.45%, signalling stock-specific selling pressure. Delivery volumes surged 136.03%, indicating increased investor participation predominantly on the sell side. Despite the sharp fall, the stock remained above all key moving averages, suggesting the longer-term trend was intact but short-term sentiment had turned bearish.

13 February 2026: Second Consecutive Lower Circuit Hit Amid Heavy Selling

The week closed with Ujaas Energy again hitting the lower circuit limit of 5%, closing at Rs.189.40. The stock opened with a 5% gap down and traded flat at the circuit price throughout the session, with extremely low volume of 1,349 shares. This sharp decline represented a 9.75% loss over two days, significantly underperforming the power sector’s 1.63% decline and the Sensex’s 0.98% fall.

Delivery volumes rose sharply by 136.03%, reflecting panic selling and unfilled supply. Despite this, the stock remained above its 5-, 20-, 50-, 100-, and 200-day moving averages, indicating that the medium- to long-term technical picture remains positive, though immediate sentiment is fragile.

Daily Price Performance Comparison

Key Takeaways

Ujaas Energy Ltd’s week was characterised by a dramatic price journey, beginning with a strong breakout to new 52-week and all-time highs, supported by multiple upper circuit hits on 9, 10, and 11 February. This rally reflected robust investor demand and technical strength, with the stock consistently trading above all major moving averages and delivering returns exceeding 70% over nine trading days.

However, the latter part of the week saw a sharp reversal, with the stock hitting lower circuit limits on 12 and 13 February amid heavy selling pressure and panic among investors. Despite these declines, the stock’s technical positioning remains intact, suggesting the possibility of stabilisation if selling pressure eases.

The stock’s Mojo Score of 31.0 and a ‘Sell’ rating, upgraded from ‘Strong Sell’, indicate cautious optimism but highlight underlying concerns about valuation and risk. The small-cap nature of Ujaas Energy contributes to its high beta and volatility, which investors should consider carefully.

Relative to the Sensex, Ujaas Energy outperformed significantly over the week, gaining 9.44% while the benchmark fell 0.54%. However, the recent volatility underscores the importance of monitoring liquidity, delivery volumes, and sector dynamics closely.

Conclusion

Ujaas Energy Ltd’s week encapsulated a volatile but impressive price rally, marked by record highs and multiple upper circuit hits, followed by sharp lower circuit declines. The stock’s ability to sustain gains above key moving averages amid this volatility reflects underlying technical strength, yet the heavy selling and panic-induced falls signal caution.

Investors should weigh the stock’s strong recent performance against its small-cap volatility and the cautious Mojo rating. Monitoring upcoming corporate developments, sector trends, and broader market conditions will be crucial in assessing whether Ujaas Energy can maintain its momentum or faces further consolidation.

Overall, the week’s events highlight the dynamic and fast-moving nature of Ujaas Energy’s stock, offering both opportunities and risks within the power sector landscape.

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