0.61 INR for GANGOTRI.NS Gangotri NSE Jan 2026: Oversold bounce may hit 0.85
GANGOTRI.NS stock closed at INR 0.61 on 09 Jan 2026 on the NSE, setting up a classic oversold bounce trade after a deep multi-period decline. Volume spiked to 31,541 shares versus an average of 5,422, showing a sudden pickup in trading interest. Fundamentals are weak — EPS -0.02 and PE -30.50 — but short-term price action points to a measured bounce opportunity for tactical traders.
GANGOTRI.NS stock overview
Gangotri Textiles Ltd. (GANGOTRI.NS) trades on the NSE in India in the Consumer Cyclical sector and is listed as an Apparel – Manufacturers company. The firm reports limited current operations and is based in Coimbatore; its website is Gangotri Textiles for corporate records and filings.
Current market data shows a market cap of 19,894,927.00 INR and 32,614,634 shares outstanding, underlining that headline value remains small and sensitive to low-volume moves.
Price action and volume detail
GANGOTRI.NS stock opened at INR 0.65, recorded a day low of INR 0.61 and a day high of INR 0.66, with the previous close at INR 0.61. Daily volume of 31,541 is 5.82x the average, signalling a liquidity-driven swing rather than steady accumulation.
Yearly range sits at INR 0.55 (low) and INR 1.26 (high). Short-term moving averages are 50-day 0.60 INR and 200-day 0.76 INR, so the stock is sitting near the 50-day average but well below the 200-day average.
Fundamentals and valuation snapshot
Financials indicate negligible operating scale: trailing measures show revenue per share 0.00 INR and netIncomePerShare -21.59 INR in the dataset. Book value per share is deeply negative at -72,624.50 INR, reflecting legacy accounting items or prior write-downs.
Key ratios: EPS -0.02 INR, PE -30.50, and price-to-book around -0.0000084. These metrics confirm valuation is not driven by earnings strength but by micro-cap illiquidity and low free-float dynamics.
Technical setup for an oversold bounce
Technically, the stock shows oversold characteristics after large percentage declines (YTD -46.02%, 1Y -48.74%). The immediate support is the year low at INR 0.55. Short-term resistance cluster appears between INR 0.75 (close to the 200-day) and the psychological INR 1.00 level.
Traders targeting an oversold bounce should watch relative volume, a move above INR 0.66, and a confirmed hold above the 50-day average 0.60 INR for a momentum continuation toward INR 0.85.
Meyka rating, forecast and price targets
Meyka AI rates GANGOTRI.NS with a score out of 100: 55.21 / 100 — 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 1-year figure of INR 0.43 compared with the current INR 0.61, implying an expected downside of -29.51%. For the oversold bounce scenario our short-term technical target is INR 0.85 (implied upside 39.34%). A conservative medium-term target near the prior year mid of INR 1.20 could apply if volume and operational signs improve. Forecasts are model-based projections and not guarantees.
Catalysts and key risks for traders
Potential catalysts for a bounce include continued high relative volume, any corporate disclosure that shows a restart of trading operations, or a sector rebound in Consumer Cyclical names (sector YTD -7.83%). Quick technical recovery above INR 0.75 would reduce downside risk.
Principal risks are operational inactivity, negative shareholders equity metrics, and very small free float which creates sharp, unpredictable moves. Confirm data on the NSE quote page for live order-book context: NSE quote for GANGOTRI.
Final Thoughts
GANGOTRI.NS stock is a micro-cap with weak fundamentals but clear short-term technical signals for an oversold bounce. The stock closed INR 0.61 on 09 Jan 2026 with a volume surge that creates a tactical trading window. For short-term traders a disciplined plan is key: a break and hold above INR 0.66 and the 50-day average supports a target of INR 0.85 (about 39.34% upside). Meyka AI’s 1-year model projects INR 0.43, implying -29.51% versus the current price, so medium-term investors should treat today’s bounce as speculative unless fundamental improvements appear. Our grade is C+ (55.21/100) and the recommendation is HOLD based on mixed signals. Use tight risk controls, watch volume and corporate updates, and consult deeper due diligence before committing capital. Meyka AI, an AI-powered market analysis platform, provides these data-driven views; forecasts are model-based and not guarantees.
FAQs
Is GANGOTRI.NS stock a buy on the current oversold bounce?
GANGOTRI.NS stock shows a short-term bounce opportunity, but fundamentals are weak and Meyka grades it C+ (HOLD). Traders may consider a tactical trade to INR 0.85 with stop below INR 0.60, not a long-term buy without operational improvements.
What are realistic price targets for GANGOTRI.NS stock?
For an oversold bounce, a near-term target is INR 0.85. A conservative medium target is INR 1.20 if volume and disclosures improve. Meyka’s 1-year model projects INR 0.43, so risk is asymmetric without new fundamentals.
How does liquidity affect trades in GANGOTRI.NS stock?
GANGOTRI.NS stock normally has low liquidity (avg 5,422 shares). Spikes like 31,541 shares can move price fast. Use limit orders and position sizing to manage slippage and price impact.
Where can I check official filings and live quotes for GANGOTRI.NS stock?
Review company information at the official site Gangotri Textiles and verify live quotes on the NSE page for GANGOTRI. Always cross-check disclosures before trading.
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.
