SANCODE.BO Sancode Tech Ltd (BSE) +20.83% to INR111.10 28 Jan 2026: 1-yr view
SANCODE.BO stock led the session after a sharp intraday rise, closing at INR 111.10 on 28 Jan 2026, up 20.83% from the prior close. The jump came on light traded volume of 1,500 shares against an average of 9,814, suggesting a concentrated move. Investors will watch how this move fits with Sancode Technologies Limited’s fundamentals, including EPS 3.58 and reported PE 28.21, as the company trades on the BSE in India.
Market move and session summary
SANCODE.BO stock closed at INR 111.10, a +20.83% gain on 28 Jan 2026. The day’s high and low matched at INR 111.10, indicating a single-price trade. Market cap stands at INR 410,955,567.00 and shares outstanding are 4,068,867.
Why SANCODE.BO rose today: news and triggers
The spike appears driven by short-term positioning and limited liquidity, not a broad sector move. Technology sector performance is weak YTD, down -10.28%, so the stock’s gain is stock-specific. Recent market comparisons for Sancode were flagged on industry trackers source.
Fundamentals snapshot for SANCODE.BO stock
Sancode Technologies Limited shows EPS 3.58 and a trailing PE of 28.21. Book value per share is INR 13.58 and price-to-book is 7.44. The current ratio is 2.71 and debt-to-equity is 0.26, reflecting modest leverage.
Technical view and trading signals
Technicals show an oversold-to-rebound pattern. RSI reads 25.03, while MACD is negative (MACD -12.40, signal -7.09). Price sits near the lower Bollinger band (INR 113.04 lower band) and average 50-day price is INR 158.67. Low relative volume at 1,500 versus average 9,814 raises caution on the move’s durability.
Meyka AI grade and model forecast
Meyka AI rates SANCODE.BO with a score out of 100: 68.65/100 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst signals. Meyka AI’s forecast model projects monthly INR 88.88, quarterly INR 156.03, and 1-year INR 147.86. Compared with the current INR 111.10, the 1-year projection implies an upside of +33.07% while the monthly view implies -20.00%. Forecasts are model-based projections and not guarantees.
Risks, valuation and trading strategy
Valuation looks rich on book metrics: price-to-book 7.44 and price-to-sales 3.65. Cash flow per share is negative and free cash flow yield is -4.90%, flagging cash conversion risk. For traders, consider size risk due to low liquidity. For investors, a staged entry or wait for higher volume and earnings clarity is prudent.
Final Thoughts
SANCODE.BO stock produced a notable one-day gain, closing at INR 111.10 on 28 Jan 2026 with a +20.83% move on thin volume. The company posts EPS 3.58, trailing PE 28.21, and a solid current ratio 2.71, but valuation metrics like price-to-book 7.44 and negative free cash flow warrant caution. Meyka AI’s forecast model projects a 1-year target of INR 147.86, implying +33.07% from today’s price, while a nearer-term monthly projection sits at INR 88.88 or -20.00%. Our view: this is a stock-specific rebound inside a weak sector. Traders can exploit momentum with tight risk controls. Long-term investors should wait for improving volume and consistent cash flow before adding material exposure. Forecasts are model-based projections and not guarantees. Meyka AI, our AI-powered market analysis platform, provides the grade and forecast data above to help frame decisions.
FAQs
What caused the SANCODE.BO stock surge on 28 Jan 2026?
The surge was driven by concentrated buying in a low-liquidity market. Volume was 1,500 versus an average 9,814, so the move looks stock-specific rather than sector-led.
What is the 1-year price forecast for SANCODE.BO stock?
Meyka AI’s forecast model projects INR 147.86 in one year, implying an upside of +33.07% from the current INR 111.10. Forecasts are projections, not guarantees.
How do fundamentals look for Sancode Technologies (SANCODE.BO)?
Key metrics: EPS 3.58, PE 28.21, price-to-book 7.44, current ratio 2.71, debt-to-equity 0.26. Valuation appears rich given negative free cash flow trends.
What is Meyka AI’s grade for SANCODE.BO stock?
Meyka AI rates SANCODE.BO 68.65/100 (Grade B, Suggestion: HOLD). This combines benchmark, sector, growth, metrics, and analyst inputs; not investment advice.
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.
