INR 0.49 SITINET.BO SITI Networks BSE pre-market 29 Jan 2026: Oversold bounce
SITINET.BO stock opened pre-market at INR 0.49 on 29 Jan 2026, unchanged from the prior close but with volume 92,780 signalling higher-than-normal activity. The price sits at the year low of INR 0.49, creating a classic oversold bounce setup for short-term traders. We see tight technical bands, thin liquidity, and clear fundamental stress, so any bounce should be treated as tactical and time-limited. Traders should use strict stops and size positions for quick profit targets rather than a long-term buy-and-hold approach.
SITINET.BO stock snapshot
Current price is INR 0.49 on the BSE in India. Market capitalization is INR 427,306,368 and shares outstanding are 872,053,812.
Trading volume today is 92,780 versus average volume 35,714, giving a relative volume near 5.40. Year high is INR 0.69 and year low is INR 0.49.
SITINET.BO stock technicals and oversold bounce setup
Price is sitting at the lower Bollinger band at INR 0.49, with the 50-day average at INR 0.49 and the 200-day at INR 0.50. This compression often precedes short squeezes or relief rallies.
Relative volume and low float mean small orders can move the price. For an oversold bounce playbook, consider an entry near INR 0.49, a stop loss 6% below entry, and a first target at INR 0.60.
SITINET.BO stock fundamentals and valuation
SITI Networks shows negative earnings with EPS -2.41 and PE -0.20, reflecting ongoing losses. Revenue per share is INR 12.86 but book value per share is deeply negative at INR -12.92.
Leverage and liquidity are concerns: current ratio is 0.30, interest coverage is negative, and enterprise value to EBITDA sits near 53.05, signalling stretched valuation relative to operating cash generation.
Meyka AI rates SITINET.BO with a score out of 100 and forecast
Meyka AI rates SITINET.BO with a score of 61.17/100, Grade B and 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 monthly INR 0.45, quarterly INR 0.24, and yearly INR 0.10. Compared with the current INR 0.49, that implies model-based moves of -8.16%, -51.02%, and -80.12%, respectively. Forecasts are model-based projections and not guarantees.
SITINET.BO stock catalysts, risks and sector context
Sector peers in Communication Services trade on average PE near 28.88, while SITI shows negative PE and weak margins. That gap highlights structural headwinds versus larger telecom and media players.
Key catalysts would be subscriber growth in broadband, cost rationalisation, or a balance-sheet restructuring. Major risks include sustained negative cash flow, heavy payables, and low operating liquidity.
SITINET.BO stock trading strategy for an oversold bounce
For pre-market oversold bounce traders, use a small position size and defined stop. Suggested targets: conservative INR 0.60 (implied +22.45%) and aggressive INR 0.69 (implied +40.82%).
Keep trades short term and watch liquidity. Link official comps and sector reads before trading: see competitor comparisons on Investing.com India and Investing.com NG. Also review the company page on Meyka for live updates: SITINET on Meyka.
Final Thoughts
SITINET.BO stock shows a textbook oversold bounce setup in pre-market trading at INR 0.49 on 29 Jan 2026. The technical picture supports a short-term relief rally because of compressed averages and a high relative volume of 92,780 today. However, fundamentals remain weak with EPS -2.41, a low current ratio of 0.30, and a high enterprise value to EBITDA of 53.05. Meyka AI’s model projects a monthly level of INR 0.45, implying -8.16% against the current price, while our practical trading targets are INR 0.60 and INR 0.69 for short-term bounces. Meyka AI rates the stock 61.17/100 (Grade B, HOLD). Use tight stops, keep position sizes small, and treat any bounce as a tactical opportunity rather than a fundamental recovery. Forecasts are model-based projections and not guarantees.
FAQs
What is the current pre-market price of SITINET.BO stock?
SITINET.BO stock is trading pre-market at INR 0.49 on the BSE with volume 92,780. This matches the year low and signals a possible short-term bounce for active traders.
Does Meyka AI give a forecast for SITINET.BO stock?
Yes. Meyka AI’s model projects monthly INR 0.45, quarterly INR 0.24, and yearly INR 0.10 for SITINET.BO stock. These are model projections and not guarantees.
What are the main risks to an oversold bounce trade on SITINET.BO stock?
Primary risks include continued negative earnings (EPS -2.41), weak liquidity (current ratio 0.30), and thin trade depth. These factors can turn a brief bounce into renewed downside for SITINET.BO stock.
What short-term price targets suit an oversold bounce in SITINET.BO stock?
Conservative target INR 0.60 (about +22.45%) and aggressive target INR 0.69 (about +40.82%) fit a short-term oversold bounce. Use tight stops and small positions for SITINET.BO stock trades.
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.
