GANGOTRI.NS Gangotri Textiles ₹0.61 pre-mkt Jan 2026: oversold bounce on NSE

GANGOTRI.NS Gangotri Textiles ₹0.61 pre-mkt Jan 2026: oversold bounce on NSE

First fact: GANGOTRI.NS stock trades at ₹0.61 in pre-market on Jan 2026 with heavy volume at 31,541.00 shares. This price sits near the stock’s 50-day average ₹0.60 and well below the 200-day average ₹0.76, creating a classic oversold bounce setup. Traders should note the small market cap ₹19,894,927.00 and recent YTD fall of -46.02%, which increases both reward and risk for short-term buyers.

Quick pre-market snapshot for GANGOTRI.NS stock

Price action shows ₹0.61 as the last quote with a day range ₹0.61–₹0.66. One claim: volume is elevated at 31,541.00 versus average 5,422.00, giving a relative volume of 5.82x. One claim: the stock opened at ₹0.65 today on the NSE in India. One claim: the 52-week range is ₹0.55–₹1.26, so current price sits close to annual low.

Technicals and volume explain the oversold bounce

One claim: high relative volume supports a short-term bounce probability. The 50-day average is ₹0.60 and the 200-day average is ₹0.76, showing short-term consolidation below long-term trend. One claim: the price sits near support at the year low ₹0.55, which is a logical stop level. One claim: current momentum indicators in our feed are muted, so traders should use tight risk controls.

Fundamentals and market risks for Gangotri Textiles Ltd. (NSE)

One claim: fundamentals are weak. Reported EPS is -0.02 and trailing PE is -30.50, reflecting losses. One claim: book value per share is deeply negative at -72,624.50, which signals accounting or legacy balance-sheet issues. One claim: shares outstanding count is 32,614,634.00, giving market cap ₹19,894,927.00. One claim: the company currently lists little operating activity, increasing event risk for investors.

Meyka AI grade and forecast for GANGOTRI.NS stock

One claim: Meyka AI rates GANGOTRI.NS with a score out of 100. Meyka AI rates GANGOTRI.NS with a score of 56.61 out of 100, Grade C+ and suggestion HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. One claim: Meyka AI’s forecast model projects ₹0.43 annual price, versus the current ₹0.61, implying -28.79% downside. Forecasts are model-based projections and not guarantees.

Short-term trade plan using an oversold bounce strategy

One claim: planned entry is near current price ₹0.61 for traders seeking a quick bounce. One claim: set a hard stop-loss at ₹0.55 just under the year low. One claim: initial profit target is ₹0.80, with a secondary target near the year high at ₹1.26 for momentum holders. One claim: position sizing must reflect the company’s weak fundamentals and low liquidity.

Catalysts, sector context and news to watch

One claim: watch corporate filings and any reactivation of operations, given the company’s minimal activity. One claim: the stock sits in Consumer Cyclical, Apparel – Manufacturers, where peer averages show higher P/Es; Gangotri’s negative PE contrasts with sector avg 34.84. One claim: check company site and filings for updates source and historical data on financial portals source.

Final Thoughts

Key takeaways: GANGOTRI.NS stock at ₹0.61 shows a short-term oversold bounce setup in pre-market trade on the NSE. Volume is the clearest technical trigger today with 31,541.00 shares traded versus 5,422.00 average, supporting a tactical long for active traders. Fundamentals remain weak, with EPS -0.02 and PE -30.50, so any position should be small and time-limited. Meyka AI’s forecast model projects ₹0.43, an implied downside of -28.79% versus the current price; this highlights medium-term valuation pressure. For a risk-managed oversold bounce, consider entry near ₹0.61, stop-loss ₹0.55, initial target ₹0.80, and reassess if volume fades. These levels reflect short-term trading setups, not long-term endorsement. Meyka AI is the AI-powered market analysis platform used to generate the grade and forecast, and forecasts are model-based projections and not guarantees.

FAQs

Is GANGOTRI.NS stock a buy on the oversold bounce?

Short-term traders can consider GANGOTRI.NS stock for a tactical bounce due to high volume. Use tight risk limits. Fundamentals are weak, so limit position size and place a stop near ₹0.55.

What are realistic price targets for GANGOTRI.NS stock?

For an oversold bounce, an initial target is ₹0.80 and a secondary target ₹1.26. Meyka AI’s model projects ₹0.43 yearly, so treat higher targets as short-term trading levels, not guarantees.

How does Meyka AI rate GANGOTRI.NS stock?

Meyka AI rates GANGOTRI.NS 56.61/100, Grade C+, suggestion HOLD. The grade factors sector comparison, financial growth, key metrics and analyst consensus.

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.

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