INR 77.57 HOVS.NS HandsOn Global NSE pre-market 17 Jan: oversold bounce target 88
HOVS.NS stock trades at INR 77.57 in the pre-market on 17 Jan 2026, setting up a classic oversold-bounce opportunity after a short-term pullback. Volume today is elevated at 22,569.00 shares versus an average of 12,054.00, giving the move conviction. We look at technical triggers, valuation, and near-term price targets for HandsOn Global Management (HGM) Limited on the NSE, and show a concise trading plan for momentum traders seeking a measured entry.
HOVS.NS stock quick snapshot and movers
HandsOn Global Management (HGM) Limited (HOVS.NS) is priced at INR 77.57 with a day range of INR 73.00–77.57 and a market cap of INR 976,994,150.00. The 50-day average is INR 62.25 and the 200-day average is INR 60.31, both well below the current price, which supports the bounce thesis if momentum resumes.
Liquidity and momentum indicators matter for the oversold-bounce trade. Today’s volume of 22,569.00 is a relative volume of 1.87, suggesting higher participation. Short-term volatility measured by ATR is INR 4.25, which frames tight stop levels for active trades.
HOVS.NS stock technicals: what signals a bounce
Price is above the 50-day and 200-day averages, but short-term YTD weakness of -9.27% suggests a pullback phase. Key technical support sits near the 50-day average at INR 62.25; immediate resistance is the recent high at INR 94.50. Keltner channel middle is INR 75.00, placing the current price slightly above the channel midline and supporting a mean-reversion bounce setup.
Momentum metrics such as ATR 4.25 and relVolume 1.87 indicate a tradeable move. Use a stop below the recent low INR 73.00 and a first target near INR 88.00, with a second target toward the year high INR 94.50 for staged exits.
Fundamentals and valuation — HOVS.NS stock fundamentals
HandsOn Global Management shows trailing EPS 4.10 and a PE of 18.92, with a Price/Book of 4.06 and Price/Sales of 3.20. Return on equity is 21.89%, and the company carries minimal net debt with debt-to-equity 0.06, which supports downside protection compared with higher-leverage peers.
Revenue per share and book value per share are 24.20 and 19.08 respectively, giving a Graham number of 41.96. These metrics show modest growth and reasonable profitability for an Information Technology Services firm trading on the NSE.
Meyka AI grade and model forecast for HOVS.NS stock
Meyka AI rates HOVS.NS with a score out of 100: 70.51 / B+ — Suggestion: BUY. 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 near-term yearly level of INR 76.66, a 3-year projection of INR 84.13, and a 5-year projection of INR 91.67. Compared with the current price INR 77.57, the model implies a near-term downside of -1.17% to the yearly forecast and a +8.46% upside to the 3-year projection. Forecasts are model-based projections and not guarantees.
Risks, catalysts and sector context for HOVS.NS stock
Key near-term catalysts include corporate order wins, client renewals, and quarterly results (last major earnings cycle noted Aug 08, 2025). The Technology sector on the NSE is weak YTD at -4.20% for context, which can cap near-term gains for smaller IT services stocks.
Primary risks are receivables length (days sales outstanding 185.62), margin pressure from pricing, and low free-cash-flow visibility in reported metrics. Positive catalysts that would confirm the oversold bounce include expanded gross margin, accelerated receivable turnover, and above-average volume on up-days.
Trading plan, price targets and practical setup for oversold bounce
For a disciplined oversold-bounce trade use a staggered entry: initiate 30–50% of the position at market or on a pullback to INR 75.00–73.00, add on a confirmed close above INR 80.00, and size remaining at strength toward INR 88.00. Place an initial stop below INR 71.00 to manage risk; risk per share equals entry minus stop.
Price targets: near-term INR 88.00, medium-term INR 94.50 (year high). Conservative investors should wait for confirmation through higher volume and improved receivables metrics. For reference and deeper research use the company site HandsOn Global and company data at FinancialModelingPrep. For our platform detail see the Meyka stock page for HOVS.NS: Meyka HOVS.NS.
Final Thoughts
HOVS.NS stock at INR 77.57 offers an oversold-bounce trade with controlled risk and clear targets. Technical setup is supported by higher-than-normal volume (22,569.00) and short-term volatility (ATR 4.25) that make a measured mean-reversion play practical. Fundamentals show profitability with EPS 4.10, PE 18.92, and ROE 21.89%, while receivables days (185.62) remain a watch item. Meyka AI’s forecast model projects INR 76.66 for the year (implied downside -1.17%) and INR 84.13 in three years (implied upside +8.46%), and the Meyka grade is 70.51 / B+ (BUY). Traders seeking an oversold bounce should stage entries between INR 73.00–80.00, fix stops below INR 71.00, and plan exits at INR 88.00 and INR 94.50. Forecasts are model-based projections and not guarantees, and investors should combine this technical plan with fundamental updates and sector moves before acting.
FAQs
Is HOVS.NS stock a buy on this oversold bounce setup?
HOVS.NS stock shows a buyable bounce for traders with disciplined risk limits. Meyka AI rates it B+ (BUY), but confirm with volume on up-days and monitor receivables before adding size.
What are realistic price targets for HOVS.NS stock?
Near-term target INR 88.00 and a medium target at the year high INR 94.50. Meyka AI’s 3-year model projects INR 84.13 and 5-year INR 91.67. These are model-based projections, not guarantees.
What stop-loss should traders use for HOVS.NS stock trades?
Use a tight trade stop below INR 71.00 for intraday or short-term swing trades. For conservative positions place stops below the recent low of INR 73.00 and size positions to limit portfolio risk.
Which fundamental metric is most important for HOVS.NS stock right now?
Days sales outstanding (185.62) is key; shorter receivable cycles would support multiple expansion. Also watch margins and free cash flow disclosure for sustainable upside.
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.
