INR 0.61 GANGOTRI.NS Gangotri Textiles NSE PreMkt Jan 2026: oversold bounce
The GANGOTRI.NS stock is trading at INR 0.61 in pre-market on Jan 2026, signalling an oversold bounce setup. Volume is elevated at 31,541.00 versus an average of 5,422.00, suggesting short-term interest. The company, Gangotri Textiles Ltd. on the NSE, shows weak fundamentals but a technical bounce is possible near the 50-day mean. We outline a measured oversold-bounce plan with clear targets and risk limits for traders and investors.
Pre-market snapshot and context for GANGOTRI.NS stock
GANGOTRI.NS stock opened at INR 0.65 with a day range of INR 0.61 to INR 0.66. The market cap stands at INR 19,894,927.00 and shares outstanding are 32,614,634.00. Sector context: Gangotri is in Consumer Cyclical, Apparel – Manufacturers, a sector under pressure year to date.
Why current price action suggests an oversold bounce
Price sits near the 50-day average of INR 0.60 and above the year low of INR 0.55, which supports a mean-reversion trade idea. Relative volume of 5.82 shows outsized trading today, often a precursor to short-term rallies. Traders can watch a move above INR 0.66 for initial confirmation.
Fundamentals and valuation for GANGOTRI.NS stock
Gangotri Textiles reports limited operations and an EPS of -0.02 with a trailing PE of -30.50, reflecting losses. Book value and tangible book metrics are deeply negative, and free cash flow is effectively zero. These fundamentals argue for capital preservation rather than long-term conviction.
Technical signals, liquidity and short-term targets
Technicals show the 50-day average at INR 0.60 and the 200-day average at INR 0.76, key resistance levels. Day high is INR 0.66 and a clean break above INR 0.76 would be a stronger bounce confirmation. Short-term price target: INR 0.76; stretch target on momentum: INR 1.26.
Meyka AI grade and model forecast for GANGOTRI.NS stock
Meyka AI rates GANGOTRI.NS with a score out of 100: Meyka AI rates GANGOTRI.NS with a score of 56.73 / 100, Grade C+, Suggestion: HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12-month price of INR 0.43, implying -28.76% versus the current INR 0.61; forecasts are model projections and not guarantees.
Trade plan, stops and sector view
For an oversold-bounce strategy consider small position sizing and strict stops. Suggested stop is INR 0.55 (year low). Partial profit at INR 0.76 and reduce exposure if price fails to hold INR 0.66 on follow-through. The Apparel sector shows weakness versus broader Consumer Cyclical peers, so treat any bounce as tactical.
Final Thoughts
Key takeaways for GANGOTRI.NS stock are clear. The pre-market price of INR 0.61 and high relative volume create a tactical oversold-bounce opportunity, but fundamentals remain weak with EPS -0.02 and negative book metrics. Short-term traders can target INR 0.76 as the primary bounce target and INR 1.26 as a stretch target, using INR 0.55 as a stop. Meyka AI’s forecast model projects INR 0.43, an implied -28.76% from current levels, so the medium-term outlook is negative. Use small size and strict risk controls if you trade the bounce. For company details visit the official site and exchange page and track live orderflow on Meyka AI-powered market analysis platform.
FAQs
Is GANGOTRI.NS stock a buy after this pre-market move?
GANGOTRI.NS stock is a tactical oversold bounce setup. Consider small positions only, target INR 0.76, stop at INR 0.55, and treat it as high-risk given negative fundamentals.
What is Meyka AI’s forecast for GANGOTRI.NS stock?
Meyka AI’s forecast model projects INR 0.43 in 12 months for GANGOTRI.NS stock, implying about -28.76% versus the current price. Forecasts are model-based and not guarantees.
Which levels matter for short-term trading of GANGOTRI.NS stock?
Key levels: support at INR 0.55, near-term resistance at INR 0.66, primary bounce target INR 0.76, and stretch to INR 1.26 if momentum builds.
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.
