Why did IGCIL.BO stock drop sharply today?

IGCIL.BO stock fell **16.43%** on 13 Feb 2026 amid heavy volume of **252,487** shares. No specific regulatory announcement surfaced; the move looks driven by short-term selling pressure and weak momentum versus the 200-day average.

What are key support and resistance levels for IGCIL.BO stock?

Immediate support is the Bollinger lower band near **INR 2.14** and the 52-week low at **INR 1.88**. Resistance lies at the 50-day average **INR 2.39** and the session high **INR 2.56**.

What is Meyka AI's short-term forecast for IGCIL.BO stock?

Meyka AI's forecast model projects **INR 2.35** (monthly) for IGCIL.BO stock. That implies about **-1.67%** from the current **INR 2.39**. Forecasts are model projections, not guarantees.

Is IGCIL.BO stock a buy after the drop?

Meyka AI assigns a **B / HOLD** grade to IGCIL.BO. Given negative EPS **-0.42**, microcap liquidity and uncertain catalysts, many analysts would wait for earnings or cash-flow improvement before buying.

IN Stocks

IGCIL.BO stock falls 16.43% to INR 2.39 on BSE 13 Feb 2026: key support INR 2.14

ByDanny Kontos February 13, 2026

IGCIL.BO stock plunged 16.43% to INR 2.39 on the BSE at market close on 13 Feb 2026, making it one of today’s top losers. The drop followed heavy selling with 252,487 shares traded, more than double the average daily volume of 120,041, signalling a sharp shift in short-term sentiment. For investors tracking IGC Industries Limited (IGCIL.BO), the fall connects to weak near-term momentum and a stretched 200-day average of INR 3.47. We summarise price action, valuation, technicals, Meyka AI grade and a short-term forecast to help frame the risk-reward for traders and long-term holders.