Pre-market volume spike: EKC.BO Everest Kanto (BSE) 24 Jan 2026 INR100 test
EKC.BO stock shows a clear pre-market volume spike on 24 Jan 2026, with 13,067 shares reported and a relVolume of 439.54. The stock opened at INR 100.55 and last quoted at INR 101.15, below its 50-day average of INR 117.88 and 200-day average of INR 130.79. This early interest coincides with a low RSI of 34.91, suggesting oversold momentum and active trading ahead of the company’s 14 Feb 2026 earnings announcement. We examine technicals, valuation, and Meyka AI’s forecast to frame short-term trade levels and a 12-month outlook.
EKC.BO stock: pre-market volume and price action
Pre-market trading shows a volume spike with 13,067 shares versus an average daily volume of 12,032, and a reported relVolume of 439.54. The intraday range so far is INR 100.55 to INR 103.60, with last price INR 101.15.
This volume move matters because the price sits near the year low of INR 97.00 and below both moving averages, which can attract both short-term sellers and active buyers testing support at INR 100.00.
EKC.BO stock technicals and momentum
Technically, EKC.BO shows oversold signals: RSI 34.91, CCI -234.80, and Williams %R -94.93. MACD histogram is 0.33, indicating a shallow bullish divergence while ADX 29.84 points to a developing trend.
Volume indicators show negative OBV at -61,790.00 but a neutral MFI at 45.75, suggesting price pressure but not wholesale distribution. Traders should watch a decisive close above INR 115.93 (BB middle) to validate any short-covering rally.
EKC.BO stock valuation and fundamentals
Everest Kanto Cylinder (EKC.BO) trades at PE 13.30 with EPS INR 8.62 and PB near 0.99, implying value relative to book. Market capitalization stands at INR 12,864,610,741.00 and shareholders’ equity per share is INR 114.88.
Key ratios include current ratio 3.44, debt to equity 0.15, and interest coverage 13.80, which underscore a conservative balance sheet. Net profit margin is 6.28% and ROE 7.95%, consistent with steady industrial machinery peers.
Meyka AI rates EKC.BO with a score out of 100
Meyka AI rates EKC.BO with a score out of 100: 67.27 (Grade B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
The rating combines a conservative balance sheet, modest profitability, and mixed technicals. Remember these grades are informational only and are not financial advice.
Trading strategy: volume spike angle for EKC.BO stock
For the volume spike strategy, intraday traders should map tight risk: support at INR 100.00 and initial resistance near INR 115.93. A pre-market spike increases the odds of quick mean-reversion trades or momentum continuation if volume sustains.
Position sizing should account for ATR INR 2.87 and an oversold stochastic (K 21.08). Consider scalps above INR 103.60 with stop below INR 100.00 and targets near the 50-day average INR 117.88.
EKC.BO stock outlook and sector context
Everest Kanto operates in Industrials, where the sector has underperformed over three months. EKC.BO’s valuation (PB ~0.99) sits below many sector averages, offering value if industry demand recovers.
Watch hydrogen and specialty cylinder demand as a structural opportunity. Short-term risks include inventory cycle (days of inventory 201.80) and a trough in industrial demand that could pressure margins further.
Final Thoughts
Key takeaways for EKC.BO stock: the pre-market volume spike on 24 Jan 2026 highlights active positioning ahead of earnings. Current price INR 101.15 sits below the 50-day and 200-day averages, with technicals showing oversold momentum (RSI 34.91). Valuation metrics are constructive: PE 13.30, PB 0.99, and a conservative debt profile (debt to equity 0.15). Meyka AI’s forecast model projects a 12-month target of INR 170.04, implying an upside of 68.09% from INR 101.15; this is model-based and not a guarantee. For traders using the volume spike strategy, manage risk tightly: support INR 100.00, short-term target INR 120.00, and a bullish 12-month case near INR 170.04. Use stops sized to ATR INR 2.87 and monitor pre-earnings flow and sector demand. Meyka AI, an AI-powered market analysis platform, flags mixed signals: value on fundamentals but caution on momentum until earnings clarity.
FAQs
What drove the pre-market volume spike in EKC.BO stock?
The pre-market spike shows 13,067 shares traded with relVolume 439.54, likely driven by position adjustments ahead of the 14 Feb 2026 earnings and scanning interest in cylinder demand. Monitor order flow and news for confirmation.
What are the key support and resistance levels for EKC.BO stock?
Primary support sits at INR 100.00 with near-term resistance at the Bollinger middle band INR 115.93 and the 50-day average INR 117.88. A close above these levels suggests momentum recovery.
How does Meyka AI view EKC.BO stock?
Meyka AI assigns EKC.BO a score of 67.27 (Grade B, Suggestion: HOLD). The assessment combines sector comparisons, financial metrics, forecast models, and analyst signals for an informational view.
What is the short-term trading strategy on the volume spike?
Short-term traders can look for mean-reversion scalps above INR 103.60 with stops below INR 100.00 and targets near INR 117.88. Keep position size tight to ATR INR 2.87.
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.
