Key Events This Week
2 Feb: Stock hits 52-week and all-time low at Rs.150.3
3 Feb: Modest recovery with 0.88% gain amid broader market rally
4 Feb: Intraday high surge of 7.82%, closing at Rs.162.60
5 Feb: Slight gain of 0.18%, consolidating near Rs.162.90
6 Feb: Sharp gap down and intraday low near Rs.147.35, closing at Rs.155.35
2 February 2026: New 52-Week and All-Time Low Amid Market Recovery
Updater Services Ltd’s shares plunged to a fresh 52-week and all-time low of Rs.150.3 on 2 February 2026, marking a significant nadir in the stock’s prolonged downtrend. This decline of 2.72% on the day contrasted with the Sensex’s 1.03% fall, reflecting company-specific weakness amid a broader market recovery. The stock’s position below all key moving averages underscored persistent bearish momentum, while financial results showing a 34.8% drop in quarterly PAT and the lowest PBDIT in recent history weighed heavily on investor sentiment.
3 February 2026: Modest Rebound as Market Gains Momentum
Following the sharp decline, the stock rebounded by 0.88% to close at Rs.149.60 on 3 February, supported by a strong Sensex rally of 2.63%. Volume increased notably, indicating renewed trading interest. Despite this recovery, the stock remained near its lows and below longer-term moving averages, signalling that the rebound was tentative and likely driven by short-term technical factors rather than fundamental improvement.
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4 February 2026: Intraday Surge of 7.82% Signals Short-Term Strength
The stock exhibited a sharp intraday rally on 4 February, surging 7.82% to close at Rs.162.60, its highest level of the week. This gain outpaced the Sensex’s modest 0.37% rise and the sector’s 3.45% advance, highlighting a distinct positive momentum. The stock traded above its 5-day moving average, suggesting a short-term technical recovery. However, it remained below longer-term averages, indicating that the rally was a partial rebound within an overall downtrend. The volume of 9,515 shares reflected active trading interest during this bounce.
5 February 2026: Consolidation Near Weekly Highs
On 5 February, Updater Services Ltd’s shares edged up by 0.18% to Rs.162.90, consolidating gains from the previous day. The stock’s volume surged to 16,542 shares, signalling sustained investor attention. Despite the modest price change, the stock’s performance remained above the Sensex, which declined 0.53%. This consolidation phase suggested cautious optimism, though the stock’s position below key moving averages continued to temper enthusiasm.
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6 February 2026: Sharp Gap Down and Intraday Low Near 52-Week Bottom
The week ended with a pronounced reversal as Updater Services Ltd opened with a significant gap down of 6.81%, closing at Rs.155.35 after touching an intraday low of Rs.147.35. This represented a 4.63% decline on the day and brought the stock close to its 52-week low, signalling renewed selling pressure. The stock underperformed both the Sensex, which gained 0.10%, and its sector peers. Elevated intraday volatility of 224.56% reflected heightened uncertainty. Technical indicators remained bearish, with the stock trading below all major moving averages and the Mojo Score firmly at 31.0, maintaining a Sell rating.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-02 | Rs.148.30 | -2.72% | 35,814.09 | -1.03% |
| 2026-02-03 | Rs.149.60 | +0.88% | 36,755.96 | +2.63% |
| 2026-02-04 | Rs.162.60 | +8.69% | 36,890.21 | +0.37% |
| 2026-02-05 | Rs.162.90 | +0.18% | 36,695.11 | -0.53% |
| 2026-02-06 | Rs.155.35 | -4.63% | 36,730.20 | +0.10% |
Key Takeaways from the Week
The week for Updater Services Ltd was marked by significant volatility and mixed signals. The stock’s 1.90% weekly gain slightly outperformed the Sensex’s 1.51% rise, but this masked sharp intraday swings and a fragile technical setup. The fresh 52-week and all-time low early in the week underscored ongoing challenges, including disappointing quarterly profitability and weak operational metrics such as a low debtors turnover ratio of 0.43 times.
Midweek gains, including a 7.82% intraday surge, suggested short-term buying interest and technical rebounds, but the inability to sustain these levels and the sharp gap down on the final trading day highlighted persistent selling pressure and investor caution. The stock’s position below all major moving averages and a Mojo Score of 31.0 with a Sell rating reinforce the subdued outlook.
Despite the recent price weakness, valuation metrics such as a price-to-book value of 1 and a PEG ratio of 0.7 indicate the stock trades at a discount relative to earnings growth, reflecting market scepticism amid improving profit figures. The promoter holding remains stable, providing some ownership continuity amid volatility.
Conclusion
Updater Services Ltd’s share price journey over the week ending 6 February 2026 was characterised by a tug-of-war between short-term technical rebounds and longer-term fundamental concerns. The stock’s modest weekly gain belies the underlying volatility and persistent downtrend, with key support levels tested and renewed selling pressure evident. While valuation metrics suggest some attractiveness, the prevailing market sentiment and technical indicators remain cautious. Investors should closely monitor upcoming financial disclosures and sector developments to gauge any shift in momentum for this stock within the diversified commercial services space.
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