ALSTONE.BO Alstone Textiles (BSE) -8.70% pre-market 15 Jan 2026: volume spike
We see ALSTONE.BO stock trading at INR 0.21 in pre-market trade on 15 Jan 2026 after a -8.70% drop from yesterday’s close. Volume has jumped to 83,424,863 shares versus an average of 53,751,894, putting the issue among the most active names on the BSE today in India. The move follows weak intraday liquidity, a low float and a stretched technical setup. Meyka AI, our AI-powered market analysis platform, flags oversold indicators but high leverage and a thin current ratio as immediate caution points for traders and investors.
ALSTONE.BO stock pre-market movers
ALSTONE.BO stock opened at INR 0.22 and is now at INR 0.21, down -0.02 INR from the previous close of INR 0.23. Market capitalisation stands near INR 1,380,456,000 and shares outstanding are 6,274,800,000. Intraday range today is INR 0.21–0.22, while the 52-week range is INR 0.19–0.92. High turnover versus average volume makes ALSTONE a most-active pick for short-term traders in the BSE India session.
Price drivers and recent ALSTONE.BO stock news
Trading activity looks driven by speculative flows and limited public news; Investing.com published a company profile yesterday noting Alstone’s textile trading operations. The stock’s bounce and fall cycles often reflect low free float and episodic block trades rather than fresh fundamental triggers. See the company profile Investing.com India for background on product mix and corporate details.
Fundamentals, valuation and risks for ALSTONE.BO stock
Basic ratios show strain: reported EPS is -0.01 INR and reported PE is -22.00, while price-to-book is 0.21. Debt metrics are elevated with debt-to-equity at 2.16 and a weak current ratio of 0.27, reflecting short-term liquidity stress. Book value per share is INR 1.05 and cash per share is INR 0.60, but working capital is deeply negative. These metrics point to valuation support from a low PB but highlight insolvency and leverage risks for longer-term investors.
Technical setup and trading signals for ALSTONE.BO stock
Technically the stock is oversold: RSI 23.96, CCI -120.66, and MFI 6.43. ADX reads 38.23, indicating a strong directional trend, while MACD sits near -0.03 with a flat histogram. Short-term resistance is at INR 0.22–0.26 (today’s high and BB middle at 0.26); initial support is INR 0.19 (52-week low). Traders should note the 50-day and 200-day averages at INR 0.30 and INR 0.50, respectively, as potential downside magnets or recovery targets.
Meyka AI grade and forecast for ALSTONE.BO stock
Meyka AI rates ALSTONE.BO with a score out of 100: 58.32 / Grade C+ — 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 monthly price of INR 0.18 and a 12-month projection of INR 0.21648. Versus the current INR 0.21, the 12-month projection implies an upside of +3.09%, while the monthly model implies a downside of -14.29%. Forecasts are model-based projections and not guarantees.
Trading strategy and ALSTONE.BO stock price targets
For the most-active strategy, short-term traders should watch volume confirmation and tight stop-losses because liquidity can swing price sharply. Realistic near-term price targets: INR 0.30 (short-term resistance, 50-day mean) and INR 0.50 (medium-term target, 200-day mean). From INR 0.21, those targets imply upside of +42.86% and +138.10% respectively. Given elevated leverage, longer-term investors should demand clearer improvement in margins and a stronger current ratio before adding exposure.
Final Thoughts
ALSTONE.BO stock is a highly active, low-price BSE listing showing strong intraday volume and oversold technicals on 15 Jan 2026. The immediate picture mixes a bargain-like price-to-book of 0.21 with clear balance-sheet stress: debt-to-equity 2.16 and current ratio 0.27. Meyka AI’s forecast model projects INR 0.21648 over 12 months, a modest +3.09% from the current INR 0.21, while the model’s one-month view is INR 0.18 (-14.29%). Short-term traders can use INR 0.19 as support and watch for a clean breakout above INR 0.26 on strong volume before targeting INR 0.30. For investors, the stock’s low PB and high leverage create both valuation opportunity and elevated risk. Use tight risk controls and monitor company updates and sector movement. For more context and live data on this most-active ticker, see the Alstone page on Meyka: Meyka stock page.
FAQs
What is the current price and pre-market move for ALSTONE.BO stock?
ALSTONE.BO stock is at INR 0.21 in pre-market on 15 Jan 2026, down -8.70% from the prior close. Volume has risen to 83,424,863 shares, well above the average of 53,751,894.
What are the main valuation risks for ALSTONE.BO stock?
Key risks include a negative EPS (-0.01 INR), high debt-to-equity (2.16), and a weak current ratio (0.27). These raise solvency and liquidity concerns despite a low price-to-book of 0.21.
What price targets does Meyka suggest for ALSTONE.BO stock?
Meyka flags short-term resistance at INR 0.30 and a medium-term level at INR 0.50. From INR 0.21, those imply potential upside of +42.86% and +138.10% respectively, with high volatility risk.
How reliable are Meyka AI forecasts for ALSTONE.BO stock?
Meyka AI’s models project INR 0.21648 at 12 months and INR 0.18 monthly. These are model-based projections and not guarantees. Use them with fundamental checks and risk limits.
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.
