INR 0.61 GANGOTRI.NS Gangotri Textiles Ltd. (NSE) pre-market 21 Jan 2026: Oversold bounce signal
GANGOTRI.NS stock trades at INR 0.61 pre-market on 21 Jan 2026 after a steep YTD slide of -46.02%. Volume has spiked to 31,541.00, nearly 5.82 times average, creating a classic oversold bounce opportunity. The company reports limited operations and negative EPS -0.02, yet short-term technicals point to a rebound trade. We assess catalysts, price targets, and risks for a measured short-term bounce strategy in the NSE India market.
Snapshot: price, liquidity and basic metrics for GANGOTRI.NS stock
GANGOTRI.NS stock is quoted at INR 0.61 with a day high of INR 0.66 and a day low of INR 0.61. Market cap stands at INR 19,894,927.00 with 32,614,634.00 shares outstanding. Average volume is 5,422.00 while today’s volume is 31,541.00, giving a relative volume of 5.82. Trailing EPS is -0.02 and reported PE is -30.50, reflecting negative earnings and limited operations.
Why this is an oversold bounce setup for GANGOTRI.NS stock
Price has fallen 46.02% YTD, placing the stock well below the 200-day average (INR 0.76). The surge in volume suggests short-term buying pressure from traders seeking mean reversion. With a 50-day average of INR 0.60, the stock is near a short-term pivot. The oversold bounce strategy targets a bounce toward near resistance levels rather than a trend reversal.
Fundamentals and sector context for GANGOTRI.NS stock
Gangotri Textiles Ltd. has limited active operations and a negative book value per share in the reported data, which weakens a long-term thesis. The company sits in the Consumer Cyclical sector, which is down 4.05% YTD and shows higher average P/E at 35.29, underscoring relative valuation pressure. Given small market cap and thin fundamentals, we treat any bounce as tactical, not fundamental.
Technical triggers, support and price targets for GANGOTRI.NS stock
Immediate support is the intraday low INR 0.61 and the 50-day average INR 0.60. Short-term resistance sits at INR 0.66 and intra-week target at INR 0.80. A recovery toward the 52-week high INR 1.26 would require sustained volume and operational improvement. Traders can watch a stop under INR 0.58 for risk control and a first profit target near INR 0.66.
Risk factors and what could invalidate an oversold bounce in GANGOTRI.NS stock
Key risks include continued lack of operations, negative EPS -0.02, and low free cash flow metrics. Thin float and low institutional interest mean price moves are volatile and short-lived. If volume fades and price drops below INR 0.55 year low, the bounce trade should be abandoned. Regulatory or corporate updates could also sharply change the outlook.
Meyka grade, model forecast and analyst consensus for GANGOTRI.NS stock
Meyka AI rates GANGOTRI.NS with a score out of 100: Score 56.67 | Grade C+ | Suggestion: 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 yearly price of INR 0.43, implying -28.89% versus the current INR 0.61. Forecasts are model-based projections and not guarantees. For more company details see the company site and live quotes on the NSE page. For a Meyka stock view visit the Meyka GANGOTRI.NS page.
Final Thoughts
GANGOTRI.NS stock at INR 0.61 presents a short-term oversold bounce trade, not a long-term turnaround. The immediate trade setup rests on elevated volume 31,541.00 and proximity to the 50-day average INR 0.60. We set a conservative near-term target of INR 0.66 and an actionable swing target of INR 0.80, with a recovery level near the 52-week high INR 1.26 if momentum continues. Meyka AI’s forecast model projects INR 0.43 for the year, implying -28.89% versus current price, which highlights longer-term downside risk. Given negative EPS -0.02 and minimal operations, treat any bounce as tactical. Use tight stops under INR 0.58 and position size tightly. Meyka AI’s analysis and grade support a cautious HOLD stance, and traders should monitor volume and any corporate updates closely. Forecasts are model-based projections and not guarantees.
FAQs
Is GANGOTRI.NS stock a buy after this oversold move?
GANGOTRI.NS stock can be traded for a short-term oversold bounce. Long-term buying requires operational improvement and positive earnings. Use tight stops and limit position size due to low liquidity and negative EPS.
What are short-term price targets for GANGOTRI.NS stock?
Near-term targets: INR 0.66 first resistance and INR 0.80 as a swing target. A sustained move above INR 1.26 would imply broader recovery, but that needs strong volume and news.
How does sector performance affect GANGOTRI.NS stock outlook?
GANGOTRI.NS stock sits in Consumer Cyclical, down 4.05% YTD with higher sector P/E at 35.29. Weak sector trends raise the bar for sustained gains. Any rally needs positive company cues.
What does the Meyka grade mean for GANGOTRI.NS stock?
Meyka AI rates GANGOTRI.NS 56.67 (C+) | HOLD. The grade blends benchmark, sector, growth, metrics, forecasts, and consensus. It is informational, not advice, and should not replace your research.
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.
