Why is SHALPRO.BO considered for an oversold bounce?

Price is at INR 0.49 near the year low with flat moving averages and compressed Bollinger bands, creating conditions where a short-term mean reversion to INR 0.60 is plausible if volume picks up and no new negative news arrives.

What are the main valuation signals to watch?

Key metrics: price-to-book 0.479, EPS -0.01, current ratio 6.03 and market cap INR 482,320,873. Low PB implies value but negative earnings and inventory/receivables cycle are red flags.

What trade rules should short-term traders use?

Wait for confirmation above INR 0.55 on higher volume (200,000+), set a stop-loss near INR 0.45 and limit position size. Target the year high of INR 0.60 first and reassess on fundamentals.

How does sector performance affect SHALPRO.BO?

The Technology sector shows higher average PB (about 4.73) and stronger earnings metrics; SHALPRO.BO’s low PB and negative EPS mean it will need stock-specific catalysts rather than sector momentum for sustained gains.

IN Stocks

BSE:SHALPRO.BO INR 0.49 on 02 Jan 2026: oversold bounce aims at INR 0.60

ByDanny Kontos January 2, 2026January 2, 2026

The share price of SHALPRO.BO closed at INR 0.49 on 02 Jan 2026 after a low–volatility session with 147,659 shares traded, signalling a potential oversold bounce on the BSE in India. The stock sits near its year low of INR 0.49 and below the year high of INR 0.60, making a short-term mean reversion trade plausible. We examine valuation ratios, technical compression and catalysts that could trigger a bounce while framing risk controls for traders and investors.