ICDSLTD.BO ICDS Ltd (BSE) -10.00% pre-market 27 Jan 2026: support at INR 36.90
The stock of ICDS Limited (ICDSLTD.BO) opened sharply lower in pre-market trade on 27 Jan 2026, sliding 10.00% to INR 36.90 after a weak session close yesterday. This move leaves the stock at its intraday low and matches the year low of INR 36.90, with extremely thin volume of 15 shares so far. Investors should view this as a liquidity-driven decline rather than a broad sector rout, but key valuation and technical metrics now point to short-term oversold conditions. We examine fundamentals, technicals, Meyka AI grade and forecasts to frame trading and risk decisions.
ICDSLTD.BO stock pre-market price action
ICDSLTD.BO is trading at INR 36.90, down 10.00% from the previous close of INR 41.00 in pre-market on BSE, India. Volume is thin at 15 shares versus an average volume of 134, indicating limited liquidity and a price move that may exaggerate directional conviction.
ICDSLTD.BO stock fundamentals and valuation
ICDS Limited (ICDSLTD.BO) reports EPS INR 0.86 and a current reported PE of 42.91 on the BSE, which is rich relative to smaller peers in Real Estate – Services. Book value per share stands at INR 22.80 and price-to-book is 1.89, showing a modest premium to net assets. These metrics suggest valuation is mixed: low leverage with debt‑to‑equity 0.00x–0.003x but limited earnings scale and high PE ratios.
Technical outlook for ICDSLTD.BO stock
Momentum favors sellers: RSI is 39.04, MACD histogram is negative and ADX reads 34.16, signalling a strong trend down. The stock sits at the lower Bollinger band and Money Flow Index is 11.28, a clear oversold reading that often precedes short technical bounces. Key support is INR 36.90 (day and year low) and immediate resistance is the 50‑day average at INR 47.40.
Meyka AI rates ICDSLTD.BO with a score out of 100 and forecast
Meyka AI rates ICDSLTD.BO with a score out of 100: 63.13 | 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 forecast model projects a monthly target of INR 30.64, a quarterly target of INR 41.63, and a yearly target of INR 63.44. Compared with the current price INR 36.90, the model implies a -16.97% downside to the monthly forecast, +12.82% to the quarterly forecast, and +71.93% to the yearly forecast. Forecasts are model-based projections and not guarantees.
Risks, sector context and catalysts for ICDSLTD.BO stock
ICDS operates in Real Estate – Services where average sector PE is about 35.78 and average PB around 2.43; ICDS shows lower leverage and a higher cash cushion with cash per share INR 8.50. Key risks include low liquidity, extended receivables (days sales outstanding ~552), and concentrated business lines. Catalysts would be a clear lift in trading volumes, timely earnings (earnings announcement scheduled 10 Feb 2026) or asset monetisation updates.
Trading considerations and short-term strategy for ICDSLTD.BO stock
Given the pre-market selloff and thin volume, traders should size positions cautiously and prefer limit orders. Short-term traders may watch for an intraday bounce if MFI and RSI recover above oversold thresholds; longer-term investors should wait for clearer earnings or balance sheet improvement. For risk management, a stop below the INR 36.90 level and a near-term price target of INR 41.63 for selective trades is a clear framework.
Final Thoughts
ICDSLTD.BO stock opened the pre-market session on 27 Jan 2026 sharply lower to INR 36.90, down 10.00%, on very light volume of 15 shares. Fundamentals show a small company profile with EPS INR 0.86, PE 42.91, and healthy cash buffers but stretched receivables and low liquidity. Technically the stock is oversold (RSI 39.04, MFI 11.28) and sits at a critical support level that equals the year low. Meyka AI’s forecast range is wide: monthly INR 30.64 (-16.97% vs. current), quarterly INR 41.63 (+12.82% vs. current) and yearly INR 63.44 (+71.93% vs. current). These projections emphasise both short-term downside risk and longer-term upside potential. Traders should treat today’s move as liquidity-driven noise unless follow-up volume or company updates confirm a structural change. As an AI-powered market analysis platform, Meyka AI flags ICDSLTD.BO as a B / HOLD grade stock and recommends disciplined position sizing, defined stops, and watching the 10 Feb 2026 earnings date for a directional trigger. Forecasts are model-based projections and not guarantees.
FAQs
Why did ICDSLTD.BO stock fall 10% in pre-market trade?
The 10.00% pre-market drop to INR 36.90 was driven by very low liquidity and limited order flow, not a sector-wide move. Thin volume of 15 shares can amplify price swings; look for confirming volume or corporate news before interpreting the move.
What is Meyka AI’s short and long-term forecast for ICDSLTD.BO stock?
Meyka AI’s model projects INR 30.64 (monthly), INR 41.63 (quarterly) and INR 63.44 (yearly). Versus the current INR 36.90, those imply -16.97%, +12.82% and +71.93% respectively. Forecasts are projections, not guarantees.
Is ICDSLTD.BO stock a buy after the drop?
Meyka AI assigns ICDSLTD.BO a B / HOLD grade. Given high PE, low liquidity and stretched receivables, consider waiting for clearer earnings or volume improvement before buying. Use tight sizing and stop-loss rules.
What technical levels matter for ICDSLTD.BO stock today?
Key levels: support at INR 36.90 (day/year low), resistance near the 50‑day average INR 47.40, and intraday stops guided by volatility (ATR INR 1.80). Oversold indicators may prompt short bounces.
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.