INR 14.32 ZGAEKWAR.BO Gaekwar Mills (BSE) intraday: oversold bounce 09-Jan-2026
ZGAEKWAR.BO stock trades at INR 14.32 on the BSE in intraday trade on 09 Jan 2026 and shows a classic oversold bounce setup. Volume is light at 60.00 shares but the price sits above the 50-day average of INR 14.23, giving a potential short squeeze if buying interest arrives. We look at fundamentals, technicals, and Meyka AI forecasts to frame a measured intraday strategy for this small-cap real estate name in India.
Immediate price action and intraday context
ZGAEKWAR.BO stock opened at INR 14.32 and is currently unchanged for the day, with a day high and low at INR 14.32. Trading volume is 60.00 versus an average volume of 1.00, producing a relative volume of 60.00 which signals thin liquidity. The low liquidity magnifies intraday moves and raises execution risk for larger orders.
Fundamental snapshot and valuation
Gaekwar Mills Ltd (ZGAEKWAR.BO) shows EPS INR 11.69 and a trailing P/E of 1.22, reflecting the low price relative to last reported earnings. Market capitalization stands at INR 28646960.00 with 2,000,486.00 shares outstanding. Key balance-sheet ratios are mixed: current ratio is 25.20 and book value per share is negative at -367.92, pointing to accounting or asset valuation distortions in this development-stage real estate firm.
Technical picture for an oversold bounce
Price sits near the 50-day moving average (INR 14.23) and above the 200-day average (INR 13.63), which supports a short-term bounce thesis. Year low is INR 13.14, which we treat as the immediate downside support. Momentum indicators are unreliable due to stationary price data, so plan for quick exits and tight stops when trading an intraday oversold bounce.
Meyka AI grading and model forecast
Meyka AI rates ZGAEKWAR.BO with a score of 58 out of 100, grade C+ (HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 1-year price of INR 17.27, implying an upside of 20.59% from INR 14.32; forecasts are model-based projections and not guarantees.
Risk, liquidity and sector context
This is a small-cap real estate listing on BSE in India with thin trading and structural risks tied to the development stage business. The Real Estate sector average PB is 2.59, but ZGAEKWAR.BO shows a negative PB of -0.04, highlighting valuation oddities. For intraday traders the biggest risks are low liquidity, wide spreads, and earnings timing given the next earnings announcement was listed as 15 Aug 2025.
Trade idea and execution guide
For an oversold bounce strategy, consider small, sized entries with a stop below the year low at INR 13.14 and a near-term target of INR 17.00. Use limit orders to manage slippage in thin trade. If volume does not pick up, avoid scaling; a breach of INR 13.14 invalidates the bounce thesis and calls for re-evaluation.
Final Thoughts
ZGAEKWAR.BO stock at INR 14.32 presents an intraday oversold bounce setup with measurable upside if buying volume appears. Our medium-term model target is INR 17.27, about 20.59% above the current price, and a conservative three-year view points near INR 19.72. The company’s fundamentals show an unusual mix of positive EPS (INR 11.69) and negative book value (-INR 367.92 per share), which raises structural risk. Given extremely low liquidity and a market cap of INR 28646960.00, position sizing should be small and exits disciplined. Meyka AI’s grade (C+, 58/100, HOLD) reflects modest upside potential but elevated execution risk. Traders watching the intraday oversold bounce should prioritise volume confirmation, use tight risk limits, and treat model forecasts as probabilistic guides rather than guarantees. For more detail and live updates see the company site and model page below.
FAQs
What is driving the intraday oversold bounce thesis for ZGAEKWAR.BO stock?
The bounce thesis rests on price near the 50-day average (INR 14.23), a year low at INR 13.14 as defined support, and the potential for short-term buying in thin markets. Low liquidity increases both the bounce magnitude and execution risk.
What targets and stops should traders use on ZGAEKWAR.BO?
A practical short-term target is INR 17.00 with a stop below the year low at INR 13.14. Size positions small because average daily volume is extremely low and slippage can be large on BSE.
How does Meyka AI view ZGAEKWAR.BO stock?
Meyka AI rates ZGAEKWAR.BO with a score of 58 out of 100 and assigns a grade C+ (HOLD). The rating balances model upside, sector data, and execution risks tied to thin liquidity.
How reliable are the Meyka AI forecasts for ZGAEKWAR.BO?
Meyka AI’s forecast model projects a 1-year price of INR 17.27 and a 3-year price of INR 19.72; these are model-based projections and not guarantees. Use them as one input among fundamentals and intraday signals.
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.
