Why did OVOBELE.BO stock fall sharply pre-market?

The sharp pre-market fall in OVOBELE.BO stock was driven by heavy selling and profit-taking on increased **volume 11,552.00**, weak technical momentum and a rotation out of recent winners, rather than an immediate solvency issue.

Is OVOBELE.BO stock undervalued after the drop?

OVOBELE.BO stock trades at **PE 10.70** with cash per share **INR 41.13** and PB **1.56**, cheaper than sector peers, suggesting valuation support. Investors should still assess liquidity and commodity risk.

What are Meyka AI’s forecasts for OVOBELE.BO stock?

Meyka AI's forecast model projects a yearly price of **INR 224.70** for OVOBELE.BO stock, implying about **46.74%** upside from **INR 153.15**. Forecasts are model-based projections and not guarantees.

What short-term levels should traders watch for OVOBELE.BO stock?

Traders should watch support near **INR 140.00** (200-day MA) and resistance near the 50-day average **INR 177.96**. Confirm volume and order-book strength before acting.

IN Stocks

OVOBELE.BO Ovobel Foods (BSE) -15.83% pre-market at INR 153.15: outlook

ByDanny Kontos February 13, 2026

OVOBELE.BO stock opened the pre-market session sharply lower after a 15.83% drop to INR 153.15 on 13 Feb 2026, driven by heavier-than-normal trades and profit-taking. Ovobel Foods Limited (OVOBELE.BO) on the BSE recorded volume 11,552.00 versus average 10,726.00, signaling a liquidity spike. The move cuts through the 50-day average of INR 177.96 and moves the share closer to its 200-day average of INR 140.31, forcing investors to reassess near-term outlooks and valuation.