INR 77.32 HOVS.BO Handson Global (BSE) 10 Jan 2026: Oversold bounce to INR 89
HOVS.BO stock trades at INR 77.32 in pre-market on 10 Jan 2026, setting up a near-term oversold bounce opportunity for active traders. HandsOn Global Management (HGM) Limited (HOVS.BO) on the BSE shows mixed signals: a modest valuation at PE 18.86 and strong return on equity of 22.07%, but stretched receivables and lower liquidity. We outline the technical trigger, fundamental support, price targets, and a clear trading plan for an oversold bounce setup in India’s technology sector.
HOVS.BO stock pre-market snapshot
Current price is INR 77.32 on the BSE in pre-market trading on 10 Jan 2026. Day low is INR 75.87 and the year high is INR 88.98. Volume is light at 3,210 vs average volume 4,733, showing low early demand. Market cap stands at INR 973,845,400 and shares outstanding are 12,595,000.
HOVS.BO stock technical setup for an oversold bounce
Short-term technicals point to a bounce scenario after a recent pullback from the year high. Price sits above the 50-day average (INR 67.01) and 200-day average (INR 61.47), which gives a practical support band. ATR is 6.27, indicating moderate intraday range. Traders can watch a break above INR 79.50 as the first confirmation of a bounce attempt.
HOVS.BO stock fundamentals and valuation
HandsOn Global Management (HGM) Limited reports EPS INR 4.10 and PE 18.86, below Technology sector average PE 45.43, suggesting valuation cushion. Book value per share is INR 19.08 and price‑to‑book is 4.06. Current ratio is 1.59 and debt to equity is low at 0.06, which supports balance sheet stability.
Meyka AI grades and HOVS.BO stock forecast
Meyka AI rates HOVS.BO with a score out of 100: 62.59 | Grade: B | 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 Year: INR 76.62, 3‑Year: INR 84.11, 5‑Year: INR 91.69. Compared with the current price INR 77.32, the 1‑year projection implies -0.90% and the 3‑year implies +8.74%. Forecasts are model-based projections and not guarantees.
HOVS.BO stock risks, catalysts and sector context
Key risks include long receivables (days sales outstanding 185.62) and narrow operating margins. Catalyst set includes renewed contract wins, better receivable conversion, or technology sector strength. The Technology sector in India is up 3.53% over 3 months but down -7.83% YTD, which can drag smaller names during marketwide weakness.
HOVS.BO stock trading plan for the oversold bounce
For an oversold bounce strategy, consider buying a defined position near INR 75.00–77.50, set a stop loss at INR 71.00 and a first price target at INR 88.98 (recent high). If momentum confirms above INR 79.50, scale up exposure with a 12‑month target of INR 90.00. Use tight risk control because average daily volume is modest.
Final Thoughts
HOVS.BO stock at INR 77.32 on 10 Jan 2026 shows a measured oversold bounce setup backed by solid return on equity (22.07%) and low leverage (debt/equity 0.06). Short-term confirmation is a move above INR 79.50 with volume pickup. Meyka AI’s model projects INR 76.62 in one year and INR 84.11 in three years, implying near-term flat performance but modest multi-year upside. Traders seeking an oversold bounce can target INR 88.98 and INR 90.00 with a stop near INR 71.00, while long-term investors should monitor receivables and cash conversion improvements. These views use Meyka AI’s data and are informational only; forecasts are model-based projections and not guarantees.
FAQs
Is HOVS.BO stock a buy on this oversold bounce setup?
HOVS.BO stock can be a tactical buy for traders if price clears INR 79.50 with volume. Use a stop at INR 71.00 and initial target near INR 88.98. This is a trading setup, not long-term advice.
What are the main valuation metrics for HOVS.BO stock?
HOVS.BO stock trades at PE 18.86, EPS INR 4.10, PB 4.06, and ROE 22.07%. These metrics show moderate valuation versus larger tech peers.
How does Meyka AI view HOVS.BO stock performance?
Meyka AI rates HOVS.BO 62.59 (Grade B, HOLD) and forecasts INR 76.62 one year and INR 84.11 in three years. Ratings are model outputs, not guarantees.
What are the biggest risks for HOVS.BO stock?
Primary risks for HOVS.BO stock include high days sales outstanding (185.62 days), low liquidity, and sector weakness. These can delay any sustained recovery.
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.
