ALSTONE.BO Alstone Textiles (BSE) closed INR 0.19 26 Jan 2026: heavy volume signals
ALSTONE.BO stock closed at INR 0.19 on 26 Jan 2026 on the BSE, with an unusually high volume of 142,091,447 shares that placed the counter among the most active names today in India. Trading finished flat from the previous close of INR 0.19, but intraday range hit INR 0.21 high. This sharp volume versus the 50-day average signals dealer interest and short-term volatility for Alstone Textiles (India) Ltd on the Industrials – Manufacturing Textiles sector.
Most active snapshot: ALSTONE.BO stock trading flow
Alstone Textiles (ALSTONE.BO) finished market close on the BSE at INR 0.19. Volume today was 142,091,447 versus an average volume of 54,998,942, about 2.58x the norm. The stock’s day low was INR 0.19 and day high INR 0.21.
High volume with a flat close often reflects heavy intraday rotation between buyers and sellers rather than a directional breakout. Traders should expect higher short-term volatility given the mismatch between current price and the 200-day average of INR 0.49.
Fundamentals and valuation: earnings, debt and book value
Alstone Textiles reports EPS -0.01 and a reported PE of -19.00 on the latest quote, reflecting a loss per share. Book value per share is INR 1.05 and price-to-book is 0.18, which implies the market values the company well below book.
Balance-sheet metrics raise caution: debt-to-equity stands at 2.16 and current ratio is 0.27, indicating short-term liquidity strain. Market cap on BSE is INR 1,192,212,000.00 and shares outstanding are 6,274,800,000.00.
Technical picture and momentum for ALSTONE.BO stock
Technicals show oversold momentum: RSI is 23.96 and CCI is -120.66, pointing to short-term selling pressure. ADX at 38.23 signals a strong trend, while MACD levels are close to signal line with MACD histogram near zero.
Support sits near the day low INR 0.19 and the 50-day average is INR 0.28. Bollinger lower band at INR 0.20 suggests compression; traders seeking mean reversion will watch INR 0.26-0.30 as the first resistance band.
Meyka AI stock grade and model forecast for ALSTONE.BO stock
Meyka AI rates ALSTONE.BO with a score out of 100: 58.80 / 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 monthly price of INR 0.18, which is -5.26% versus the current INR 0.19, and a model yearly figure of INR 0.02, implying a larger downside over 12 months. Forecasts are model-based projections and not guarantees. See trading comparison data Investing.com comparison and the company page on Meyka ALSTONE.BO on Meyka.
Analyst signals, price targets and scenario planning
External rating snapshots show mixed signals: a recent company rating records a B- with a sell recommendation for some valuation metrics. Given the high leverage and weak liquidity, scenarios diverge sharply.
We outline pragmatic targets: a short-term tactical rebound target INR 0.24 (+26.32%) if volume sustains above INR 0.21, and a recovery target INR 0.40 (+110.53%) under a sustained operational turnaround. A defensive stop-loss level to limit downside sits near INR 0.15 (-21.05%). These are illustrative analyst-style price points, not guaranteed outcomes.
Sector context, risks and trading implications
Alstone sits in the Industrials sector, Manufacturing – Textiles, where average debt-to-equity is lower than ALSTONE.BO’s 2.16, and sector PB averages near 3.17. That makes ALSTONE cheaper on PB but riskier on leverage and liquidity.
Key risks are continued weak operating cash flow, stretched payables and a thin working capital position. Active traders should treat ALSTONE.BO stock as high volatility, high-risk liquidity play; longer-term investors need evidence of debt reduction and revenue visibility before increasing exposure.
Final Thoughts
ALSTONE.BO stock closed at INR 0.19 on 26 Jan 2026 with very heavy volume of 142,091,447, marking it among the day’s most active BSE names. Fundamentals show low book value relative to price and a price-to-book of 0.18, but liquidity constraints and a debt-to-equity of 2.16 pose material risk. Meyka AI rates the name 58.80 / 100 (C+, HOLD) and models a near-term monthly figure of INR 0.18 (about -5.26% from current). Traders may consider a short-term rebound target of INR 0.24 and a cautious 12-month recovery target of INR 0.40, while using tight risk controls. Remember, Meyka AI’s forecasts are model-based projections and not guarantees; factor in sector trends, leverage metrics and incoming earnings updates before sized exposure.
FAQs
What drove ALSTONE.BO stock to be among the most active today?
ALSTONE.BO stock saw heavy turnover with 142,091,447 shares traded, about 2.58x average volume. The large volume with a flat close suggests intraday rotation and heightened volatility rather than a clear directional catalyst.
Is ALSTONE.BO a value buy given its low price-to-book?
Price-to-book is low at 0.18, but high debt-to-equity (2.16) and weak liquidity (current ratio 0.27) increase financial risk. Value merits depend on debt reduction and revenue visibility before considering a larger buy.
What are realistic short-term targets for ALSTONE.BO stock?
Tactical short-term target: INR 0.24 if volume holds above INR 0.21. Defensive stop-loss: INR 0.15. These are scenario-based guideposts, not investment guarantees.
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.