GOKAKTEX.BO BSE up 19.99% intraday 29 Jan 2026: check INR 66.61 momentum
GOKAKTEX.BO stock surged 19.99% intraday on 29 Jan 2026 to INR 66.61 on the BSE. The move followed heavy buying from the open at INR 57.75 and a jump in volume to 7,468 shares, nearly 9.39x the average volume. Traders pushed the price from the session low to the day high of INR 66.61. The rally trims short-term losses for Gokak Textiles Limited and draws attention to technical momentum, valuation stress, and model-driven upside from Meyka AI
GOKAKTEX.BO stock intraday performance and volume
GOKAKTEX.BO stock closed the session at INR 66.61, up 19.99% from the previous close of INR 55.51. Volume spiked to 7,468.00, versus an average of 795.00, giving a relative volume of 9.39 and confirming genuine buying interest.
The stock opened at INR 57.75 and hit a day high of INR 66.61. The intraday range (low INR 57.75, high INR 66.61) and the volume surge indicate a momentum move rather than a thin-volume blip.
GOKAKTEX.BO stock technicals and momentum signals
Technical indicators show short-term momentum but oversold conditions improving; RSI is 33.65 and MACD is negative with a flat histogram. ADX at 40.69 signals a strong trend during the rally.
Bollinger Bands run 63.80–77.16 with the middle band near 70.48. Short-term resistance sits near the 50-day average INR 70.97 and first support is near the day low INR 57.75.
GOKAKTEX.BO stock fundamentals and valuation
Gokak Textiles Limited (GOKAKTEX.BO) trades on the BSE and reports negative earnings, with EPS at -88.77 and PE at -0.75. Market cap stands near INR 432.92M and shares outstanding are 6,499,308.00.
Key ratios highlight stress: current ratio 0.31, price-to-sales 0.55, and book value per share -140.78. The firm operates in Manufacturing – Textiles within Industrials, where average sector PE sits near 33.84, underscoring deep valuation differences.
GOKAKTEX.BO stock Meyka AI grade and analyst context
Meyka AI rates GOKAKTEX.BO with a score out of 100: 66.40 (Grade B, Suggestion: HOLD). This grade factors S&P 500 comparison, sector and industry performance, financial growth, key metrics, forecasts, and analyst consensus.
Independent company ratings show mixed signals. Company-level metrics show negative net income per share and stretched leverage measures, while operational metrics such as receivables turnover (33.55) remain strong.
GOKAKTEX.BO stock forecast, price targets, and scenario analysis
Meyka AI’s forecast model projects a yearly price of INR 150.51, implying an upside of 126.00% from the current INR 66.61. Shorter-horizon model figures include a monthly INR 22.26 and quarterly INR 10.13, reflecting model volatility and scenario variance.
Near-term technical price target: INR 77.00 (first resistance). Medium-term target: INR 100.00 near the prior swing and psychological level. Long-term model target: INR 150.51. Forecasts are model-based projections and not guarantees.
GOKAKTEX.BO stock risks, sector context, and catalysts
Key risks include continued negative EPS, weak liquidity ratios, and stretched payables days (510.08). The company’s enterprise value to sales is elevated at 4.21, which increases sensitivity to earnings shocks.
Potential catalysts are improvements in operating margins, power segment gains, and tighter working capital. Textile sector demand and Industrials trends will influence near-term performance.
Final Thoughts
GOKAKTEX.BO stock delivered a sharp intraday gain of 19.99% on 29 Jan 2026, closing at INR 66.61 on the BSE with volume at 7,468.00, nearly 9.39x normal. The rally shows short-term momentum, but fundamentals remain challenged: EPS is -88.77, current ratio 0.31, and book value per share -140.78. Meyka AI’s forecast model projects a yearly price of INR 150.51, implying an upside of 126.00% versus the current price. That contrast creates a high-reward, high-risk setup. Traders focused on momentum can watch a near-term target of INR 77.00 and a medium target of INR 100.00, while value-oriented investors should wait for clear earnings recovery and balance-sheet repair. All forecasts are model-based projections and not guarantees. For the live quote and intraday feed, see the company site or BSE listing and our Meyka AI market page for updates
FAQs
What drove the intraday jump in GOKAKTEX.BO stock today?
The intraday jump was driven by higher buying from the open, a volume spike to 7,468.00 shares, and technical momentum. The stock rose 19.99% to INR 66.61 on the BSE against an average volume of 795.00.
What is Meyka AI’s outlook for GOKAKTEX.BO stock?
Meyka AI’s forecast model projects a yearly target of INR 150.51, implying an upside of 126.00% from INR 66.61. Forecasts are model-based projections and not guarantees.
What valuation and financial risks does GOKAKTEX.BO stock face?
GOKAKTEX.BO has negative EPS (-88.77), a low current ratio (0.31), and negative book value per share (-140.78). These factors increase risk until earnings and liquidity improve.
What short-term price targets should traders watch for GOKAKTEX.BO stock?
Watch near-term resistance at INR 77.00, the 50-day average at INR 70.97, and a medium-term target near INR 100.00. Use strict risk controls given volatility.
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.
