Why did GOEL.BO drop by 8.57%?

The drop is attributed to broader market trends affecting the Consumer Defensive sector, alongside financial metrics indicating potential stress, particularly in terms of leverage.

What is Meyka AI's rating for GOEL.BO?

Meyka AI rates GOEL.BO with a score of 61.23, a 'B' grade, and a 'HOLD' suggestion, factoring in various financial and market performance indicators.

What are the key technical indicators for GOEL.BO?

Key indicators include an RSI of 54.18, suggesting neutral market momentum, and an ATR of 1.46, indicating moderate volatility. The MACD at 0.26 points to positive trend potential, though investors should watch for resistance at higher levels.

What financial ratios are crucial for evaluating GOEL.BO?

Important ratios include the P/E ratio of 5.54, the price-to-book ratio of 1.11, and a debt-to-equity ratio of 0.97, highlighting valuation and leverage concerns.

What is the forecasted price for GOEL.BO according to Meyka AI?

Meyka AI projects a monthly forecast of INR 13.70 for GOEL.BO, indicating a potential downside. These projections are based on model assessments and are not guaranteed.

IN Stocks

GOEL.BO Drops -8.57%: Analyzing the Decline

ByHuzaifa Zahoor January 2, 2026January 2, 2026

Goel Food Products Limited (BSE: GOEL.BO) experienced a sharp decline of 8.57% in pre-market trading on January 2, 2026, closing at INR 14.62. This dramatic drop puts the stock’s performance into focus, driven by specific market factors.