LERTHAI.BO (Lerthai Finance, BSE) down 8.92% intraday 09 Jan 2026: watch support at INR 461.69
LERTHAI.BO stock slid 8.92% intraday to INR 491.85 on 09 Jan 2026, making Lerthai Finance Ltd. one of the BSE top losers in early trade. The move followed thin volume of 1 share traded versus an average volume of 44, amplifying price swings. Traders cited profit-taking near the 50-day average of INR 593.72 and technical pressure from the Bollinger lower band at INR 461.69. We break down drivers, valuation, technicals and Meyka AI’s short- and medium-term projection for intraday and swing traders.
Intraday price action and immediate drivers
LERTHAI.BO stock dropped from the previous close of INR 540.00 to INR 491.85, a fall of INR 48.15 or 8.92%. The session recorded 1 share of volume, well below the avgVolume 44, signaling low liquidity and outsized intraday moves.
Market participants pointed to recent mean reversion after the 50-day average of INR 593.72 acted as resistance. With a day high and low both at INR 491.85 in the snapshot, volatility indicators suggest the intraday range will likely expand if buying interest returns.
Why LERTHAI.BO stock fell: news, sector and flow
There were no major company announcements on 09 Jan 2026, so the decline looks driven by technical selling and low liquidity. Lerthai Finance operates in Financial Services on the BSE but reports product activity tied historically to refractory brick manufacturing, which can skew investor expectations.
Sector flows show Financial Services performance mixed; large banks outperformed while small caps saw rotation. Compare competitor screens on Investing.com for relative pressure Investing: comparator sample.
LERTHAI.BO stock fundamentals and valuation
Lerthai Finance shows EPS -3.51 and PE -160.95, reflecting trailing losses. Book value per share is INR 144.55 and cash per share is INR 100.68, giving a strong current ratio and liquid balance sheet.
Key ratios: PB 3.91, priceToSales 147.18, and enterprise value INR 325,535,000.00. Net margins and ROE are negative, signaling profitability pressure. These fundamentals explain cautious analyst views and premium multiples versus small revenue per share.
LERTHAI.BO stock: technical levels and trading signals
Short-term support sits at the Bollinger lower band INR 461.69 and Keltner lower INR 459.77. Immediate resistance is the middle band INR 512.63 and the 50-day average INR 593.72. RSI at 44.96 and MACD histogram positive at 4.25 suggest mild consolidation, not a strong rebound.
For traders: a break below INR 461.69 risks a retest of the 52-week low INR 302.00. A sustained move above INR 512.63 with higher volume could target INR 563.58 then INR 593.72.
Meyka Grade, model forecast and analyst view
Meyka AI rates LERTHAI.BO with a score out of 100: Score: 58.75 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational and not guarantees; we are not financial advisors.
Meyka AI’s forecast model projects a yearly price of INR 701.53 and a monthly price of INR 695.03. Compared with the current INR 491.85, the yearly projection implies an upside of 42.63%. Forecasts are model-based projections and not guarantees. For added context and screens consult our platform page: Meyka stock detail.
Risks, sector context and trading checklist
Primary risks include continued operating losses, thin liquidity, and a negative EPS trend. The company’s industry description blends finance and refractory trade, which may confuse sector peers and valuation benchmarking.
On the checklist: watch volume (needs to exceed avgVolume 44 for reliable moves), confirm a close above INR 512.63 for bullish bias, or a sustained break below INR 461.69 for downside focus. Use tight risk limits given the marketCap INR 395,465,000.00 and low free float.
Final Thoughts
LERTHAI.BO stock is a clear intraday top loser on 09 Jan 2026 after an 8.92% slide to INR 491.85 on very thin volume. The drop reflects technical selling, low liquidity and mixed fundamentals: negative EPS -3.51, PE -160.95, but healthy cash per share INR 100.68 and book value INR 144.55. Technically, the immediate support zone is the Bollinger lower band at INR 461.69 and resistance sits at INR 512.63 then the 50-day average INR 593.72. Meyka AI’s forecast model projects INR 701.53 over one year, implying ~42.63% upside from current levels. That projection assumes improved liquidity and margin recovery; it is not a guarantee. Traders should treat LERTHAI.BO as a high-volatility, low-liquidity name and size positions accordingly. For intraday strategies, validate any reversal with volume above the avgVolume 44 and monitor sector flows. For longer hold decisions, weigh the Meyka C+ grade and the company’s negative profitability metrics carefully.
FAQs
Why did LERTHAI.BO stock fall sharply intraday?
The intraday fall on 09 Jan 2026 was driven by thin liquidity (volume 1 vs avg 44), technical selling near the 50-day average INR 593.72, and no offsetting company news. Low volume amplified price moves.
What are key technical levels to watch for LERTHAI.BO stock?
Watch the Bollinger lower band at INR 461.69 for support and the mid band at INR 512.63 as immediate resistance. A clear break of either level on higher volume should guide short-term bias.
What does Meyka AI forecast for LERTHAI.BO stock?
Meyka AI’s forecast model projects a one-year price of INR 701.53. Versus the current INR 491.85, that implies about 42.63% upside. Forecasts are model-based projections and not guarantees.
Is LERTHAI.BO a buy, according to Meyka AI?
Meyka AI assigns LERTHAI.BO a C+ (58.75) | HOLD. The grade reflects mixed fundamentals, sector comparison and forecasts. This is informational and not financial advice.
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.
