Steel Exchange India Ltd has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. Despite a modest weekly price uptick, the stock’s overall technical profile has deteriorated, prompting a downgrade in its Mojo Grade from Strong Sell to Sell as of 19 Jan 2026. This article analyses the recent technical parameter changes, price momentum, and the implications for investors in the iron and steel products sector.

Mysore Petro Chemicals Ltd has reported a flat financial performance for the quarter ended December 2025, signalling a stabilisation after a period of decline. Despite an improvement in net sales and cash reserves, the company continues to grapple with significant margin contraction and losses, reflecting ongoing operational challenges in a volatile market environment.

Natco Pharma Ltd., a key player in the Pharmaceuticals & Biotechnology sector, has reported a significant downturn in its latest quarterly financial performance, with revenue and profit metrics sharply contracting compared to historical averages. The company’s financial trend has shifted from flat to negative, prompting a downgrade in its Mojo Grade from Buy to Hold as of 12 January 2026.

RattanIndia Enterprises Ltd, a key player in the E-Retail and E-Commerce sector, has reported a flat financial performance for the quarter ended December 2025, signalling a pause in its previously negative growth trajectory. Despite some stabilisation, the company continues to face significant challenges, including a deeply negative return on capital employed and a sharp decline in its share price, reflecting investor concerns over its near-term prospects.

Jagatjit Industries Ltd has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. The stock’s recent price action, combined with deteriorating moving averages and momentum oscillators, suggests increased selling pressure amid a challenging market backdrop for the beverages sector.

Shree Bhavya Fabrics Ltd has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive grade, despite a mixed performance relative to the broader market. This change reflects a notable improvement in key valuation metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, positioning the garment and apparel company as a compelling value proposition within its sector.

Aeroflex Enterprises Ltd, a key player in the Iron & Steel Products sector, has demonstrated a marked improvement in its financial performance for the quarter ended December 2025. The company reported record-high net sales and profitability metrics, signalling a positive shift in its financial trend despite a challenging broader market environment and a recent downgrade in its Mojo Grade to Sell.

Premier Explosives Ltd has reported a flat financial performance for the quarter ended December 2025, marking a significant shift from its previously positive growth trajectory. The company’s latest quarterly results reveal a sharp contraction in net sales and profit after tax (PAT), raising concerns about margin pressures and operational challenges in the Other Chemical products sector.

Asian Star Company Ltd, a key player in the Gems, Jewellery and Watches sector, has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade. This change reflects evolving market perceptions amid fluctuating financial metrics and sector dynamics, prompting investors to reassess the stock’s price attractiveness relative to its historical and peer benchmarks.

Cera Sanitaryware Ltd has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. Despite recent price resilience relative to the Sensex, the stock faces mounting pressure from moving averages and monthly momentum oscillators, prompting a downgrade in its Mojo Grade to Sell as of 26 August 2025.

Keynote Financial Services Ltd, a prominent player in the Non Banking Financial Company (NBFC) sector, has reported a flat financial performance for the quarter ended December 2025, signalling a notable shift from its previously very negative trend. Despite significant growth in quarterly revenue and profitability metrics, the company continues to face challenges in its half-yearly results, reflecting a complex financial landscape for investors to navigate.

Maithan Alloys Ltd., a key player in the ferrous metals sector, has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade. This change reflects evolving market perceptions amid improving stock performance and relative valuation metrics compared to peers and historical averages.

Prima Agro Ltd, a player in the Other Agricultural Products sector, has reported a flat financial performance for the quarter ended December 2025, signalling a notable shift from its previously positive growth trajectory. Despite a modest increase in profit after tax (PAT) over the last six months, the company’s overall financial trend has deteriorated, prompting a downgrade in its Mojo Grade to Strong Sell.

Cybertech Systems & Software Ltd has seen its quality rating upgraded from average to good, reflecting improvements in key business fundamentals such as return on capital employed (ROCE) and debt management. However, despite these positive shifts, the company’s overall market performance and valuation metrics continue to pose challenges for investors, as reflected in its recent downgrade to a Sell rating by MarketsMOJO.