What caused the GANDHAR.NS stock volume spike on 06 Jan 2026?

The volume spike to **45.78M** shares likely reflects large-scale buying or block trades. Price moved to **INR 166.80**, breaking above the 50-day average. Market participants should check filings and broker notes for confirmed triggers.

How does Meyka AI forecast affect the GANDHAR.NS stock outlook?

Meyka AI's forecast model projects **INR 140.72** for GANDHAR.NS stock over 12 months. That implies a model-based downside of **15.64%** versus the current price. The model is a projection and not a guarantee.

What are practical trade levels for GANDHAR.NS stock after the spike?

Short-term traders can use **INR 185.00** as a bullish target and place a stop near **INR 150.00**. A break below **INR 150.00** would reduce the odds of sustained upside.

Should long-term investors buy GANDHAR.NS stock now?

Long-term investors should compare the PE **17.76**, book value **INR 137.25**, and sector outlook. Given Meyka AI’s **C+ / HOLD** grade, consider waiting for a pullback or clearer margin improvement before adding.

IN Stocks

GANDHAR.NS up 9.91% on 06 Jan 2026 market closed: volume 45.78M signals momentum

ByHuzaifa Zahoor January 6, 2026January 6, 2026

GANDHAR.NS stock jumped to INR 166.80 on 06 Jan 2026 as trading closed, driven by a large intraday volume surge of 45.78M shares. The move lifted the stock 9.91% from the previous close of INR 151.76 on the NSE in India. Volume was nearly 197.0x the stock’s average daily volume, a classic volume spike that points to fresh institutional or block activity. We use price action, technical indicators, and fundamentals to explain the move and outline near-term scenarios for Gandhar Oil Refinery (India) Limited (GANDHAR.NS). Meyka AI provides the model forecast and grade below.