INR 8.84: HINDNATGLS.NS Hindusthan National Glass NSE intraday 31Jan oversold bounce
We see an intraday oversold bounce setup in HINDNATGLS.NS stock after the price settled at INR 8.84 on 31 Jan 2026. The stock is trading at its 52-week low and volume is running above average at 67,344 shares, creating a short-term mean-reversion opportunity. We outline technical triggers, valuation context, and a practical trading plan for intraday and near-term traders.
Intraday technical snapshot for HINDNATGLS.NS stock
Price is INR 8.84 on the NSE with day low and high equal at INR 8.84. Relative volume is 1.85, with current volume 67,344 versus average 36,327. The 50-day average is INR 14.63 and the 200-day average is INR 19.14, indicating the stock is well below moving averages. YTD decline is -63.04%, supporting an oversold signal.
Why an oversold bounce is setting up
The stock hit its year low at INR 8.84 while average volumes have picked up. Short-term traders can expect a bounce when price trades far below the 50-day average. Inventory and receivables metrics show working capital strain, but the gap between price and moving averages often triggers short squeezes or mean reversion in the Packaging & Containers industry. Sector performance is weak, but deep oversold conditions create a tactical entry.
Fundamentals and valuation — HINDNATGLS.NS analysis
Hindusthan National Glass & Industries Limited reports EPS -2.05 and PE -4.31, reflecting recent losses. Market cap is INR 791,653,515 and cash per share reads INR 63.73. Current ratio is 0.39, signaling liquidity pressure. Price-to-sales is 0.05 and EV-to-sales is 1.06, showing low market valuation versus enterprise value. These metrics make the stock a speculative value play.
Meyka AI rates and forecast for HINDNATGLS.NS stock
Meyka AI rates HINDNATGLS.NS with a score out of 100: Score 58.14 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects INR 21.11 one-year price, implying 138.88% upside from INR 8.84. Forecasts are model-based projections and not guarantees.
Trading plan and HINDNATGLS.NS price targets
For intraday oversold bounce traders use a conservative target and tight risk control. Initial intraday target: INR 11.50 (+30.07%). Medium-term target aligned with Meyka forecast: INR 21.11 (+138.88%). Set a hard stop-loss at INR 7.50 (−15.16%). Use scaled entries and avoid adding on weakness until volume confirms a reversal.
Risks and catalysts for HINDNATGLS.NS stock
Key risks include weak liquidity, negative EPS, and a low current ratio of 0.39. Operating cycle is long at 326.04 days, and net debt to EBITDA reads 28.95, heightening capital structure risk. Potential catalysts are improved sales in beverage and pharma segments, working capital reduction, or positive earnings surprise at the next report.
Final Thoughts
HINDNATGLS.NS stock is a clear intraday oversold candidate at INR 8.84 on 31 Jan 2026. Price sits well below both the 50-day and 200-day moving averages, and volume is above average (67,344), supporting a short-term mean-reversion trade. Our practical trading plan sets an intraday target of INR 11.50 and a medium-term model-based target of INR 21.11, which implies 138.88% upside versus the current price. Use a strict stop at INR 7.50 to limit downside to about -15.16%. Fundamental risks include negative earnings (EPS -2.05) and tight liquidity (current ratio 0.39), so position sizing should be small. Meyka AI provides this as data-driven market context, not investment advice. Traders should confirm reversal with increasing volume and one clear intraday close above INR 10.50 before adding exposure.
FAQs
Is HINDNATGLS.NS stock a buy on this intraday bounce?
HINDNATGLS.NS stock shows a tactical oversold bounce opportunity intraday, but fundamentals remain weak. Consider a small, short-term position with a stop at INR 7.50 and a target near INR 11.50. This is a high-risk trade, not a long-term buy recommendation.
What is Meyka AI’s forecast for HINDNATGLS.NS stock?
Meyka AI’s forecast model projects INR 21.11 in one year for HINDNATGLS.NS stock. That implies an upside of 138.88% from INR 8.84. Forecasts are model-based projections and not guarantees.
Which metrics should traders watch during the bounce?
Watch intraday volume, close above the short-term moving average, and a break above INR 10.50. Also monitor EPS, cash per share, and any company updates that affect working capital or sales in beverage and pharma segments.
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.
