INR 0.49 SITINET.BO SITI Networks (BSE) closed 26 Jan 2026: watch 0.71 resistance
SITINET.BO stock closed at INR 0.49 on 26 Jan 2026 on the BSE after a low-volume rebound. The share has a year high of INR 0.71 and year low of INR 0.49, with market cap INR 427306368.00 and volume 3788.00 today. Traders using an oversold bounce strategy should note thin liquidity, a negative EPS of -2.41, and a flat intraday range. We break down technical triggers, valuation red flags, and short-term price targets.
SITINET.BO stock snapshot and immediate price facts
SITI Networks (SITINET.BO) closed at INR 0.49 on the BSE with day high and low both at INR 0.49. Shares outstanding are 872053812.00, market cap is INR 427306368.00, and average daily volume is 35209.00, so today’s trade of 3788.00 shows low participation.
The company reports EPS -2.41 and a trailing PE of -0.20. The 50-day average price is INR 0.49 and 200-day average is INR 0.50, signalling a long period of price compression ahead of any rebound.
Why an oversold bounce setup is plausible
Price has compressed at the lower bound of the 52-week range, creating an oversold bounce setup for short-term traders. Low float and weak liquidity amplify small buys into visible bounces, but they can fade quickly without volume confirmation.
Sector weakness in Communication Services and stretched receivables metrics suggest the bounce may be technical and short lived. We link price action to fundamentals to avoid mistaking illiquid pops for sustained recovery.
Technical indicators, liquidity and key levels
Technicals show muted intraday movement: Bollinger Bands sit at 0.49 across upper, middle and lower bands. Relative trading volume is 0.06 of average, which makes breakouts unreliable without volume. Immediate resistance sits at the year high INR 0.71 and support at INR 0.49.
For oversold bounce traders, a validated bounce needs volume above 35,209.00 average or a close above INR 0.60. Use a tight stop loss; a failed bounce back below INR 0.45 risks a quick slide.
Fundamentals, valuation and sector context
SITI Networks operates in Communication Services with peers showing stronger returns and higher liquidity. The company reports cash per share 3.57, book value per share negative at -12.92, and a current ratio of 0.30, indicating short-term coverage constraints.
Key risks include negative net income per share and stretched payables. Price to sales is 0.03, EV to sales 0.51, and net debt to EBITDA is elevated. These metrics explain analyst caution despite occasional technical bounces.
Meyka AI rates SITINET.BO with a score out of 100
Meyka AI rates SITINET.BO with a score out of 100: 61.07 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s view balances a technical oversold bounce against weak fundamentals and low liquidity. These grades are not guaranteed and we are not financial advisors.
Forecasts, price targets and trade plan
Meyka AI’s forecast model projects monthly INR 0.33, quarterly INR 0.07, and yearly INR 0.42. Yearly projection implies an implied downside of -14.13% versus today’s INR 0.49. Forecasts are model-based projections and not guarantees.
Analyst-style price targets for an oversold bounce: a near-term tactical target at INR 0.60 (upside 22.45%), a conservative 12-month target aligned to the model at INR 0.42 (downside -14.13%). Use stop-loss near INR 0.45 and confirm with volume above 35,209.00.
Final Thoughts
SITI Networks (SITINET.BO) trading at INR 0.49 on 26 Jan 2026 fits an oversold bounce strategy but carries material fundamental risk. Low daily volume (3788.00) and compressed technical bands make any rebound fragile. Meyka AI’s forecast model projects a yearly level near INR 0.42, implying -14.13% from today. Short-term traders can target INR 0.60 for a tactical bounce, but must insist on volume confirmation above 35,209.00 and use a tight stop-loss around INR 0.45. Long-term investors should weigh negative EPS -2.41, weak current ratio 0.30, and negative book value before adding exposure. For quick checks, see the Meyka stock page and comparison tools such as the Investing.com competitor view. Forecasts and grades are model outputs and not guarantees. Meyka AI provided the data as an AI-powered market analysis platform.
FAQs
Is SITINET.BO stock a buy after the oversold bounce?
An oversold bounce can offer short-term gains, but SITINET.BO stock shows weak fundamentals and low liquidity. Traders may scalp to INR 0.60 with tight stops. Long-term buyers should wait for cash flow improvement and stronger volume confirmation.
What are the key risks for SITI Networks shares?
Primary risks are negative EPS -2.41, low current ratio 0.30, negative book value, and thin trading volumes. Operational receivables and payables metrics also add execution risk that can pressure price repeatedly.
What price targets should traders use for SITINET.BO?
Use a near-term tactical target of INR 0.60 for an oversold bounce and a model-aligned 12-month level of INR 0.42. Apply a strict stop-loss around INR 0.45 and require volume confirmation.
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.
