RIDDHI.BO jumps 32.40% intraday on BSE 19 Jan 2026: monitor INR 620.00 upside
RIDDHI.BO stock surged 32.40% intraday on the BSE on 19 Jan 2026, trading at INR 568.00 as of the session high. The move followed heavy buying, lifting the session high to INR 582.05 from an open of INR 562.00. Volume expanded to 7,856.00 shares versus an average of 1,017.00, marking Riddhi Siddhi Gluco Biols Limited as a top gainer today on the BSE.
Intraday price action and key numbers
Riddhi Siddhi Gluco Biols Limited (RIDDHI.BO) hit INR 568.00 on 19 Jan 2026. The stock gained 139.00 rupees, a 32.40% rise. Day low was INR 500.10 and day high INR 582.05. Market cap stands at INR 3,458,302,699.00 and volume was 7,856.00 shares.
What moved the stock: drivers and context
Traders cited improved trading flows into the Basic Materials sector and specific demand in wind power and commodities units. There is no confirmed corporate update from the company website. Watch both sector flows and any fresh regulatory notices for further direction. See the company website for filings source.
Valuation and fundamentals snapshot
RIDDHI.BO stock trades at PE 7.41 and EPS 65.42. Price to book is 0.22 and price to sales is 1.33. The balance sheet shows book value per share 2,232.27 and current ratio 3.42. Net income per share is negative at -14.13 on trailing twelve months.
Technical view and trading setup
Momentum indicators are mixed intraday. RSI reads 35.44, suggesting room to recover. Bollinger middle band is 452.76 and upper band is 492.45. ADX at 37.20 shows a strong short-term trend. For traders, an initial target is INR 620.00 and a stop below INR 540.00 on intraday setups.
Meyka grade, forecast and model output
Meyka AI rates RIDDHI.BO with a score out of 100: the score is 62.53 / 100, Grade B with a HOLD suggestion. 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 yearly price of INR 637.67, versus the current price of INR 568.00, implying 12.27% upside. Forecasts are model-based projections and not guarantees.
Risks, sector outlook and catalysts
Key risks include weak operating margins and long receivable cycles, with days sales outstanding near 687.12 days. Sector pressure in Basic Materials can widen volatility. Positive catalysts would be improved trading earnings, better working capital metrics, or new project disclosures in wind power and trading segments. Monitor regulatory filings on the BSE for confirmation source.
Final Thoughts
RIDDHI.BO stock is a clear intraday top gainer on the BSE on 19 Jan 2026, rising 32.40% to INR 568.00 on elevated volume. Short-term traders can use INR 620.00 as a near target and INR 540.00 as a protective stop, while position traders should weigh the company’s mixed fundamentals. Meyka AI’s forecast model projects a yearly price of INR 637.67, giving an implied upside of 12.27% versus the current price. Our Meyka grade (Score 62.53, Grade B, Suggestion HOLD) balances strong book value and low price-to-book against negative profit margins and high receivables. Keep trades size-managed and watch filings and sector flows for intraday continuation. For live quote tracking visit the Meyka stock page for RIDDHI.BO at Meyka RIDDHI.BO at Meyka. Forecasts are model-based projections and not guarantees.
FAQs
Why did RIDDHI.BO stock spike intraday on 19 Jan 2026?
RIDDHI.BO stock jumped on heavy buying and sector inflows. Volume rose to 7,856.00 shares, well above the average 1,017.00, pushing the price to INR 568.00.
What is Meyka AI’s rating for RIDDHI.BO?
Meyka AI rates RIDDHI.BO with a score out of 100 at 62.53, Grade B, and suggests HOLD. The grade uses benchmark, sector, metrics, and forecast data.
What price targets and forecast exist for RIDDHI.BO stock?
Short-term target is INR 620.00 with a stop near INR 540.00. Meyka AI’s yearly forecast is INR 637.67, implying 12.27% upside from INR 568.00.
Are there major risks for RIDDHI.BO investors?
Yes. The company shows negative net income per share and long receivables with days sales outstanding at 687.12. These raise working capital and margin risks.
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.
