GARNETINT.BO up 39.62% intraday on 27 Jan 2026 BSE: short and 12‑month targets

GARNETINT.BO up 39.62% intraday on 27 Jan 2026 BSE: short and 12‑month targets

GARNETINT.BO stock led today’s top gainers after a sharp intraday spike, closing at INR 68.23 on 27 Jan 2026 on the BSE, up 39.62% from the previous close of INR 48.87. The move came on a volume pick-up of 36,179 shares versus an average of 35,395, and a high of INR 68.23 for the session. We open this intraday note with price drivers, fundamentals and trading levels for active traders and analysts using Meyka AI’s real-time signals and sector context.

Intraday price action and drivers for GARNETINT.BO stock

GARNETINT.BO stock jumped INR 19.36 intraday to reach INR 68.23, a 39.62% gain on 27 Jan 2026 on the BSE. The stock opened at INR 56.91 and traded between a low of INR 55.05 and the session high of INR 68.23. Volume was slightly above average at 36,179 shares, with a relative volume of 3.92, signalling outsized buying interest.

Market participants cited improved quarterly flows into small-cap textiles and selective investment book repositioning by institutional holders. The intraday pattern shows a gap and follow-through buying, which drove the strong momentum.

Fundamentals snapshot: valuation and balance metrics

Garnet International Limited (GARNETINT.BO) trades at PE 25.96 with EPS INR 2.19 and a market capitalisation of INR 1,116,446,100.00. Book value per share is INR 21.30 and price‑to‑book is 2.67. Shares outstanding are 19,635,000.

On solvency and margins the company shows a low debt profile with debt‑to‑equity 0.02 and interest coverage extremely high. Return on equity is 11.76%. Compared to the Industrials sector average PE of 33.49 and PB of 2.61, GARNETINT.BO’s PE is lower while PB is roughly in line with peers.

Technical indicators and trading levels for short‑term traders

Technically the stock shows strong momentum after the breakout. Key indicators: RSI 20.99 (oversold prior to the move), MACD histogram turned positive, ADX 48.71 showing a strong trend, Bollinger band upper at INR 74.56 and lower at INR 40.36.

For intraday trading we track: immediate support at INR 62.00 (near VWAP and gap-fill), first intraday target INR 78.50, secondary target INR 86.00. A tight stop-loss near INR 60.00 is prudent given volatility (ATR INR 3.84). Volume confirmation above 40,000 would strengthen continuation odds.

Meyka AI grade and forecast for GARNETINT.BO stock

Meyka AI rates GARNETINT.BO with a score of 65.22 out of 100 (Grade B, 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 12‑month price of INR 143.68, implying an upside of 110.55% from the current INR 68.23. The model also shows a short monthly mean of INR 17.11 reflecting volatility in very short windows. Forecasts are model‑based projections and not guarantees. Meyka AI, an AI‑powered market analysis platform, highlights the stock’s skewed risk/reward for multi‑month investors but advises monitoring liquidity and receivables metrics.

Risks, sector context and catalysts for GARNETINT.BO stock

Key risks include thin liquidity, long receivables days (listed as 861.67 days), and concentration in investment and textile exposures. The stock’s year high is INR 153.00 and year low INR 42.00, indicating prior volatility. No dividend yield is reported.

Sector comparison: Industrials peers show an average PE 33.49. Garnet’s lower PE and low debt profile differentiate it, but working capital metrics and receivables present execution risk. Catalysts to watch are quarterly earnings updates, corporate disclosures on receivables, and changes in the investment book.

Practical intraday strategy and watchlist actions

As a top gainer today, treat GARNETINT.BO stock as a momentum trade with defined risk. Suggested plan: partial entries on strength above INR 70.00, target INR 78.50 then INR 86.00, stop-loss INR 60.00. For swing traders consider trimming into strength and monitoring Meyka AI’s 12‑month forecast of INR 143.68.

Follow company filings and primary sources: Garnet International official site and the BSE company quote page for live disclosures BSE – Garnet International Ltd..

Final Thoughts

GARNETINT.BO stock led intraday gainers on 27 Jan 2026, closing at INR 68.23, a 39.62% jump on above‑average volume. Short term, momentum and volume support further upside toward intraday and near‑term targets of INR 78.50 and INR 86.00, but traders should use a tight stop near INR 60.00 given volatility and thin liquidity. From a longer horizon Meyka AI’s model projects INR 143.68 in 12 months, implying an upside of 110.55% versus the current price. That projection reflects the stock’s valuation gap to historical highs and assumes resolution of working‑capital concerns. These forecasts are model‑based projections and not guarantees. Monitor earnings, receivables disclosure, and volume confirmation before committing capital. Meyka AI provides this as data‑driven market analysis, not investment advice.

FAQs

What drove the intraday rally in GARNETINT.BO stock on 27 Jan 2026?

The intraday rally was driven by higher volume, a gap open to INR 56.91, follow‑through buying to INR 68.23, and repositioning in small‑cap textiles. Short‑term momentum signals and a relatively low PE versus sector peers supported buying.

What is Meyka AI’s 12‑month forecast for GARNETINT.BO stock?

Meyka AI’s forecast model projects a 12‑month price of INR 143.68, implying an upside of 110.55% from INR 68.23. Forecasts are model‑based projections and not guarantees.

What are the key risks when trading GARNETINT.BO stock intraday?

Key risks are thin liquidity, high days receivable (~861.67 days), wide intra‑day swings, and concentration in investment and textile exposure. Use tight stops and confirm moves with volume.

How do GARNETINT.BO financial ratios compare to the Industrials sector?

GARNETINT.BO trades at PE 25.96 versus sector PE 33.49, and PB 2.67 versus sector PB 2.61. Debt is low and ROE about 11.76%, making valuation mixed versus peers.

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.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *