What caused the GLFL.BO stock volume spike on 16 Feb 2026?

The spike was market-driven with **Volume 4,813** vs **Avg Volume 11**, indicating heavy trading flows. There was no public company announcement at close, so the move likely reflects speculative buying or block trades rather than fresh fundamentals.

Should I buy GLFL.BO stock after the volume spike?

Consider your horizon: short-term traders may trade momentum with tight stops; long-term investors should be cautious. Meyka AI gives a **B (HOLD)** grade and the yearly forecast implies **-10.15%** versus current price, so limit position size.

What are the key technical levels for GLFL.BO stock?

Immediate support is **INR 6.00–6.36**, 50-day resistance near **INR 7.93**, and a 52-week high at **INR 9.05**. A sustained close above **INR 7.93** on high volume would confirm further upside.

How reliable are Meyka AI forecasts for GLFL.BO stock?

Meyka AI's forecasts provide model-based projections like quarterly **INR 6.58** and yearly **INR 5.90**. They are analytical inputs and not guarantees. Use them alongside fundamentals and risk controls.

IN Stocks

GLFL.BO Gujarat Lease Fin. (BSE) +10.05% Feb 2026: volume spike may fuel upside

ByHuzaifa Zahoor February 16, 2026February 16, 2026

The GLFL.BO stock rose +10.05% on heavy intraday interest to close at INR 6.57 on 16 Feb 2026, led by a dramatic volume spike. Volume reached 4,813 versus an average of 11, producing a relative volume of 775.73x. That surge pushed the price from the previous close of INR 5.97 and set a new day high of INR 6.57. Traders are watching whether volume-driven momentum can reach the prior swing high near INR 9.05 or reverse as technicals show short-term overbought signals.