INR 77.57 pre-market: HOVS.NS HandsOn Global (NSE) 28 Jan 2026, oversold bounce
HOVS.NS stock opens pre-market at INR 77.57 on 28 Jan 2026 after a recent pullback that pushed the price near its 50-day average. The stock shows higher-than-normal activity with volume 22569.00 and relative volume 1.87, suggesting a short-term oversold bounce setup in the India (NSE) session. Fundamentals remain intact: EPS 4.10, PE 18.92, market cap INR 976,994,150.00. We outline catalyst, risk profile, and price targets for traders looking for a measured oversold bounce opportunity.
HOVS.NS stock pre-market technical setup
Price action is near the daily low INR 73.00 and the high INR 77.57, a tight range that can precede a bounce. Short-term momentum is supported by a 50-day average of INR 62.25 and a 200-day average of INR 60.31, both below current price which hints at mean-reversion potential. Volume today 22569.00 versus avg volume 12054.00 shows above-normal participation that can amplify a rebound.
Fundamentals and valuation snapshot for HOVS.NS stock
HandsOn Global Management (HGM) Limited trades at PE 18.92 with EPS 4.10 and price-to-book PB 4.06. Return on equity stands at 21.89%, and debt-to-equity is low at 0.06, indicating a conservative balance sheet. The company operates in Technology (Information Technology Services) on NSE in India and shows steady margins: net margin 16.94% and operating margin 13.04%.
Catalysts and risks driving an oversold bounce
Near-term catalysts include contract renewals and steady client billing that can lift revenue per share 24.20. Key risks are receivables pressure with days sales outstanding 185.62, and valuation compression versus large-cap tech. An oversold bounce trade should respect stop-loss on a close below INR 73.00 and scale out into resistance at INR 94.50 (52-week high).
Meyka AI rates HOVS.NS with a score out of 100
Meyka AI rates HOVS.NS with a score out of 100: 70.50 | Grade B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational and not guaranteed; we are not financial advisors.
Price targets, forecast and trade plan for HOVS.NS stock
Meyka AI’s forecast model projects a 1-year level near INR 76.66 and a 3-year level near INR 84.13. For an oversold bounce we suggest a short-target near INR 85.00 and a conservative stop under INR 73.00. A tactical trader could allocate a smaller position size given the stock’s PB 4.06 and elevated cash conversion cycle.
Sector context and why HOVS.NS stock may bounce
Technology sector averages show higher PE than HOVS.NS, with sector PE 42.94 versus HOVS.NS PE 18.92, making the stock relatively cheaper on earnings. Sector weakness YTD can pressure the name, but lower valuation and strong ROE argue for a tactical mean-reversion trade in the NSE pre-market window.
Final Thoughts
HOVS.NS stock is set for a potential pre-market oversold bounce at INR 77.57 on 28 Jan 2026. Short-term technicals favour mean reversion: the 50-day average INR 62.25 and 200-day average INR 60.31 lie below the current price, offering support for a bounce. Fundamental metrics are stable: EPS 4.10, PE 18.92, ROE 21.89%, and a low debt-to-equity 0.06. Meyka AI’s forecast model projects INR 76.66 in 1 year (implied downside -1.18% from current price) and INR 84.13 in 3 years (implied upside 8.45%). Short-term trade idea: enter a measured position near the pre-market level, target INR 85.00, and set a stop-loss under INR 73.00 to limit downside. Remember, forecasts are model-based projections and not guarantees. Use position sizing and risk controls; view this as a tactical oversold bounce, not a long-term recommendation. For a live quote and more data, see the company site and model profile linked below.
FAQs
Is HOVS.NS stock a buy on the pre-market oversold signal?
HOVS.NS stock shows an oversold setup pre-market at INR 77.57. Fundamentals and low leverage support a tactical buy, but use a tight stop under INR 73.00 and limit position size. This is a short-term trade idea, not investment advice.
What are realistic price targets for HOVS.NS stock?
Meyka AI’s model gives a 1-year level near INR 76.66 and a 3-year level near INR 84.13. Short-term tactical target for an oversold bounce is INR 85.00, with a stop-loss under INR 73.00.
Which ratios should I watch for HOVS.NS stock before entering?
Monitor PE (18.92), EPS (4.10), PB (4.06), ROE (21.89%) and days sales outstanding (185.62). Also track volume versus average and receivables trends for liquidity signals.
How does sector performance affect HOVS.NS stock?
HOVS.NS trades in Technology where sector PE is 42.94. HOVS.NS’s lower PE means it may rebound faster when sector risk appetite returns, but sector weakness can still cap gains in the near term.
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.
