HINDNATGLS.NS Hindusthan National Glass NSE INR 8.84 21 Jan 2026: Oversold bounce
HINDNATGLS.NS stock closed at INR 8.84 on 21 Jan 2026, sitting on a multi-month low and showing an oversold bounce setup. The share is down 70.00% over one year and trades well below its 50-day average of INR 14.63 and 200-day average of INR 19.14, creating a volatile rebound candidate. Volume today was 67,344 versus an average of 36,327, signalling short-term buyer interest. We frame this as a high-risk, tactical oversold bounce opportunity within the Consumer Cyclical packaging and containers space, not a long-term value endorsement.
Technical snapshot: HINDNATGLS.NS stock
Price action shows INR 8.84 as both the day low and day high, and the 52-week range is INR 8.84 – 31.03. The stock is trading at 46.66% of its 50-day average and 46.22% of its 200-day average, a classical oversold signal. Relative volume is 1.85, indicating higher intraday activity. Short-term traders should watch a first resistance band near INR 12.00 and stronger resistance near INR 14.63 (50-day MA). Momentum indicators are muted on the feed, so price and volume divergence drives the setup.
Fundamental context and valuation
Hindusthan National Glass & Industries Limited reports EPS -2.05 and PE -4.31, reflecting current losses. Market cap is INR 791,653,515.00 with shares outstanding 89,553,565.00. Price-to-sales is 0.05 and EV/sales is 1.06, suggesting low revenue multiple but stretched enterprise value due to debt. The company shows negative book value per share (-89.88) and a weak current ratio (0.39). These fundamentals increase downside risk if the oversold bounce fails.
Catalysts and risks for an oversold bounce
Catalysts: rising demand in pharma and beverages, bargain-hunters attracted by the low price, and a short-term recovery in packaging stocks could trigger a bounce. Risks: high debt ratio (debt/assets 0.78), negative working capital (working capital -22,753,599,000.00), and stretched payables and inventory cycles. A single quarter miss on earnings or cash-flow stress could wipe out bounce gains.
Meyka AI grade and model outlook for HINDNATGLS.NS stock
Meyka AI rates HINDNATGLS.NS with a score out of 100: 57.98 / 100 (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 21.11, reflecting a 138.83% implied upside from the current INR 8.84. Forecasts are model-based projections and not guarantees. These grades are not guaranteed and we are not financial advisors.
Trading plan and price targets
For an oversold bounce strategy consider a staged approach: a defensive entry near INR 8.50–9.00 with tight stop-loss at INR 7.20 (limit 18.60% risk). Short-term target INR 12.00 (approx 35.74% upside) and intermediate target INR 14.63 (50-day MA). For scenario traders using Meyka AI’s forecast, a medium-term target INR 21.11 is model-based. Position size should be small given balance sheet weakness and low liquidity risk profile.
Sector and peer perspective
Hindusthan National Glass sits in the Consumer Cyclical sector (Packaging & Containers). The sector YTD performance is -6.43%, with average PB around 3.48. HINDNATGLS.NS trades at a negative PB and substantially below sector valuation, which can make it a recovery play if packaging demand normalises. Compare peers on volume and margins before taking a tactical trade.
Final Thoughts
Key takeaways: HINDNATGLS.NS stock is a high-risk oversold bounce candidate after closing at INR 8.84 on 21 Jan 2026 with elevated volume (67,344). Technicals favor a short rebound toward INR 12.00 and the 50-day average at INR 14.63, while fundamentals remain weak (EPS -2.05, current ratio 0.39, negative book value). Meyka AI’s forecast model projects INR 21.11 yearly, implying 138.83% upside versus current price, but that is model-based and not a guarantee. Trade only with strict risk controls: small position sizing, a clear stop-loss around INR 7.20, and re-evaluation after the next quarterly update. Use company filings and sector moves to confirm any sustained recovery. For more company context visit the official site HNGIL and see our Meyka AI stock page for real-time updates Meyka HINDNATGLS.NS.
FAQs
Is HINDNATGLS.NS stock a buy after the recent fall?
HINDNATGLS.NS stock shows a short-term oversold bounce setup but has weak fundamentals. Consider staged entries with tight stops and small position sizes. This is a tactical trade, not a long-term buy until balance sheet metrics improve.
What are realistic short-term targets for HINDNATGLS.NS stock?
Short-term targets are INR 12.00 and the 50-day average at INR 14.63. These targets reflect a tactical bounce; adjust risk management if price breaks key support or if volume falls.
How does Meyka AI grade HINDNATGLS.NS?
Meyka AI rates HINDNATGLS.NS 57.98 / 100 (C+) with a HOLD suggestion. The grade factors benchmarks, sector, financial growth, metrics, forecasts and analyst signals. Grades are informational and not financial advice.
What downside risks should traders watch for HINDNATGLS.NS stock?
Watch negative EPS (-2.05), low current ratio (0.39), negative book value, high debt-to-assets (0.78), and poor working capital. Any cash-flow stress or earnings miss could deepen losses.
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.
