HINDNATGLS.NS INR 8.84 on 09 Jan 2026: Oversold bounce with INR 21.11 model target
HINDNATGLS.NS stock is trading at INR 8.84 on the NSE on 09 Jan 2026 and shows a classic intraday oversold bounce setup. The stock has collapsed from a 52-week high of INR 31.03 to its current low, leaving short-term momentum indicators stretched. Volume at 67,344.00 shares today is 1.85x the average, suggesting active rebalancing. Traders should treat this as a tactical bounce trade, not a long-term recovery, and pair entries with a tight stop.
Intraday technical snapshot for HINDNATGLS.NS stock
Price is INR 8.84 with day range unchanged at INR 8.84/8.84 which reflects low ticks but active relative volume 67,344.00 versus average 36,327.00. Short-term averages show a 50-day at INR 14.63 and 200-day at INR 19.14, both well above the current price, marking clear oversold structure. Momentum indicators are flat on the feed, so watch for a reclaim of INR 9.50 for initial confirmation.
Fundamentals and valuation for HINDNATGLS.NS stock
Hindusthan National Glass & Industries Limited (HINDNATGLS.NS) reports negative EPS -2.05 and a trailing PE of -4.31, with market cap at INR 791,653,515.00 and shares outstanding 89,553,565.00. Price-to-sales is very low at 0.05, but book value per share is negative -89.88, reflecting balance-sheet stress. The company operates in Packaging & Containers within India’s Consumer Cyclical sector and needs earnings recovery before re-rating.
Risk and liquidity considerations for HINDNATGLS.NS stock
Key risks include a low current ratio 0.39, high debt-to-assets 0.78, and long cash conversion cycles (inventory days 274.34). On liquidity, average volume is modest 36,327.00, so intraday swings can be sharp. Use small position sizes and limit orders when trading this oversold bounce. An immediate risk stop is INR 7.80 to cap downside on intraday reversals.
Trade plan and levels for HINDNATGLS.NS stock
For an oversold bounce strategy, enter partial on strength above INR 9.50 with stop INR 7.80 and a first target INR 12.50 (conservative). Scale out at INR 15.00 where 50-day average looms. Use strict risk-reward; a 1:2 risk-reward is appropriate. If price fails to hold INR 8.20, cut exposure quickly.
Sector and peer context for HINDNATGLS.NS stock
Packaging & Containers sits inside Consumer Cyclical where broader sector strength is mixed; the sector’s 1Y performance is negative and consumer cyclicals face margin pressure. Compare HINDNATGLS.NS to peers on EV/sales 1.06 and gross margin 61.06%; margins are resilient but balance-sheet metrics lag. A sector rebound would help any sustained recovery in HINDNATGLS.NS.
Meyka AI grade and forecast for HINDNATGLS.NS stock
Meyka AI rates HINDNATGLS.NS with a score out of 100: 56.70 | 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 1-year price of INR 21.11 versus current INR 8.84, implying 138.77% upside. Forecasts are model-based projections and not guarantees.
Final Thoughts
Key takeaways for HINDNATGLS.NS stock: the intraday setup shows a high-probability oversold bounce at INR 8.84, supported by above-average volume 67,344.00 and a large gap to moving averages. Fundamentals remain challenged with EPS -2.05, negative book value -89.88, and a weak current ratio 0.39, so treat trades as short-term, tactical plays. Our trade plan: partial entry above INR 9.50, stop at INR 7.80, first target INR 12.50, extended model target INR 21.11 from Meyka AI. Meyka AI’s forecast model projects INR 21.11, implying 138.77% upside versus current price INR 8.84; forecasts are model-based projections and not guarantees. Maintain strict risk controls, small position sizing, and monitor sector flow for follow-through. Meyka AI provides this as an AI-powered market analysis platform insight, not investment advice.
FAQs
Is HINDNATGLS.NS stock a buy on this intraday bounce?
HINDNATGLS.NS stock shows a tactical oversold bounce, but fundamentals are weak. Consider small position sizes, entry above INR 9.50, stop INR 7.80, and treat it as a short-term trade, not a long-term buy.
What are realistic price targets for HINDNATGLS.NS stock?
Immediate upside target is INR 12.50 and a mid-term resistance near INR 15.00. Meyka AI’s model target is INR 21.11, implying 138.77% upside from INR 8.84; forecasts are not guarantees.
Which risks should traders watch in HINDNATGLS.NS stock?
Watch balance-sheet stress: current ratio 0.39, high debt-to-assets 0.78, negative book value. Low liquidity and volatile intraday moves can amplify losses on HINDNATGLS.NS stock.
How does sector performance affect HINDNATGLS.NS stock?
Packaging & Containers sits in Consumer Cyclical. Sector weakness limits sustained rallies; a broad consumer rebound is needed for durable gains in HINDNATGLS.NS stock.
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.
