Why did BHANDARI.NS stock fall sharply today?

BHANDARI.NS stock fell **-12.89%** on 26 Feb 2026 on heavy volume. The session followed a negative rating update and technical selling. Longer cash conversion cycles and margin concerns likely amplified the move.

What are the key support and resistance levels for BHANDARI.NS stock?

Immediate support is today’s low **INR 2.94** and the near resistance is the 50-day average near **INR 4.03**. A close above **INR 4.00** would signal a larger recovery.

What price does Meyka AI forecast for BHANDARI.NS stock?

Meyka AI's forecast model projects a yearly price of **INR 3.76** for BHANDARI.NS stock, implying about **20.90%** upside from the current **INR 3.11**. Forecasts are projections, not guarantees.

Is BHANDARI.NS stock undervalued based on fundamentals?

On multiples BHANDARI.NS looks inexpensive: **PE 8.97** and **PB 0.47** versus sector averages. However, long inventory days and low cash conversion raise execution risk before calling it undervalued.

IN Stocks

BHANDARI.NS Bhandari Hosiery Exports NSE -12.89% Feb 2026: Oversold, watch 2.94

ByDanny Kontos February 26, 2026

BHANDARI.NS stock led the top losers list at market close on 26 Feb 2026, sliding -12.89% to INR 3.11 on heavy volume. The move came with a spike in activity to 3,104,258.00 shares, far above the average 256,621.00. Traders pushed the price below the 50-day average, leaving the stock deeply oversold on momentum indicators. For NSE-listed Bhandari Hosiery Exports Limited, this session raises short-term risk and creates tactical reversal and bounce trade opportunities for active traders.