Why did ROYALIND.BO stock fall so sharply on 23 Feb 2026?

The decline was driven by heavy selling and a volume surge to **1,540,623** shares, technical oversold conditions (RSI **18.51**), and limited intraday liquidity. No matching company announcement was found; the move appears technical rather than news-driven.

What are key support and resistance levels for ROYALIND.BO stock?

Immediate support is at **INR 3.98–3.90**, with lower support near **INR 3.50**. Resistance sits at **INR 4.69** and the 50-day average **INR 6.49**. Watch volume to confirm any breakout or bounce.

What is the Meyka AI short-term forecast for ROYALIND.BO stock?

Meyka AI's model projects a **monthly** reference of **INR 3.90** (≈-2.10%) and a **quarterly** target of **INR 4.19** (≈+5.21%) from the current **INR 3.98**. These are model-based projections and not guarantees.

How does ROYALIND.BO valuation compare with its sector?

ROYALIND.BO trades at **P/B ~0.50** and P/S ~0.44, well below the Financial Services sector averages (P/B ~2.73). Low valuation is balanced by small-cap liquidity and weaker cash-flow metrics.

IN Stocks

23 Feb 2026 Market Closed: ROYALIND.BO Royal India (BSE) down 21.81% to INR 3.98

ByHuzaifa Zahoor February 23, 2026February 23, 2026

We saw ROYALIND.BO stock drop sharply on 23 Feb 2026, closing at INR 3.98 after a 21.81% one-day fall on the BSE in India. Trading volume surged to 1,540,623 shares, nearly 4.42x the average daily volume of 281,427, signalling heavy selling pressure. The intraday range was INR 3.98–4.69 and the stock opened at INR 4.44. We examine valuation, technicals and sector context to explain why the stock landed among top losers and what traders and investors should watch next.