KMGMILK.BO KMG Milk Food Ltd. (BSE) -4.99% 23 Jan 2026: Oversold bounce signs
KMGMILK.BO stock dropped 4.99% to INR 46.06 on BSE on 23 Jan 2026, creating an oversold bounce setup we are tracking closely. The intraday print closed at INR 46.06 on low volume of 200 shares versus an average volume of 3.00 shares. We outline why this pullback looks like a short-term buying opportunity, what fundamentals and ratios say, and a clear trade plan for an oversold bounce in India’s Consumer Defensive space.
KMGMILK.BO stock technical snapshot and bounce triggers
Price action shows a one-day drop of 4.99% to INR 46.06 on 23 Jan 2026. The session closed at the day low, a common short-term oversold marker. Volume was 200.00 versus an average 3.00, giving a relative volume of 66.67. Short-term moving averages show the 50-day at INR 47.96 and the 200-day at INR 45.16, keeping price near the 200-day average. RSI readings from our feed are limited, but the gap to the 50-day average supports a mean-reversion bounce thesis.
KMGMILK.BO stock fundamentals and valuation
KMG Milk Food Ltd. (KMGMILK.BO) operates in Food Distribution on BSE in India. Key ratios: EPS -0.11, PE -418.73, current ratio 12.44, and price-to-sales 3.21. Market cap is INR 244,329,876.00 with shares outstanding 5,304,600.00. Net profit margin is 2.89% and ROE is -22.68%, signalling uneven profitability despite healthy liquidity. These fundamentals support a tactical, not buy-and-hold, approach for an oversold bounce.
Meyka AI grade and KMGMILK.BO stock technicals
Meyka AI rates KMGMILK.BO with a score out of 100: 66.53 / 100 (Grade B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technical indicators from our feed are incomplete, but price averages and high current ratio favour a short-term recovery. These grades are not garantueed and we are not financial advisors.
Meyka AI’s forecast model projects short and medium targets
Meyka AI’s forecast model projects a 1-year figure of INR 40.69, three-year INR 51.75, and five-year INR 62.93. Compared with the current INR 46.06, the model implies a -11.67% downside to the one-year projection and an implied +12.34% upside to the three-year projection. Forecasts are model-based projections and not guarantees. For an oversold bounce trade we prioritise short-term resistance levels at INR 49.00 and INR 50.00.
Trade plan, price targets and risk control for oversold bounce
We set a short-term bounce target range of INR 49.00 (target 1) and INR 50.00 (target 2). This implies upside of 6.38% and 8.56% from INR 46.06. Use a stop-loss at INR 44.00 to limit downside to -4.46% in this trade plan. Position sizing should respect limited liquidity; average daily volume is only 3.00 shares, so scale in small lots.
Sector context and catalysts for KMGMILK.BO stock
KMGMILK.BO sits in the Consumer Defensive sector in India. Sector pressure has weighed on small caps driving oversold conditions across packaged foods. Catalysts that could trigger a bounce include steady commodity prices, a quarterly update showing margin improvement, or higher trading volume. Monitor receivables cycle and working capital given a days sales outstanding of 256.85 days.
Final Thoughts
Key takeaways for KMGMILK.BO stock: the drop to INR 46.06 on BSE on 23 Jan 2026 set an oversold bounce possibility we would trade tactically. Short-term bounce targets are INR 49.00 and INR 50.00, offering 6.38% and 8.56% upside respectively, with a tight stop-loss near INR 44.00. Fundamentals show strong liquidity (current ratio 12.44) but negative ROE and inconsistent profitability, supporting a short-term trade rather than a long-term buy. Meyka AI’s forecast model projects INR 40.69 for one year and INR 51.75 in three years, illustrating divergent model outcomes. Forecasts are model-based projections and not guarantees. We recommend controlled sizing, strict risk limits, and watching volume and working capital before adding exposure. For real-time alerts and deeper screening use our Meyka AI-powered market analysis platform.
FAQs
Is KMGMILK.BO stock a buy after the 23 Jan 2026 drop?
The drop to INR 46.06 looks like an oversold bounce setup for short-term trades. We rate it for tactical buying with strict stops, not a long-term buy given negative ROE and mixed forecasts.
What is Meyka AI’s short-term price target for KMGMILK.BO stock?
For an oversold bounce we set near-term targets at INR 49.00 and INR 50.00, implying 6.38% and 8.56% upside from INR 46.06. Use a stop near INR 44.00.
How reliable are the Meyka AI forecasts for KMGMILK.BO stock?
Meyka AI’s forecasts are model-based projections. The one-year projection is INR 40.69 and three-year is INR 51.75. These guide planning but are not guarantees.
What key ratios should traders watch for KMGMILK.BO stock?
Watch EPS -0.11, PE -418.73, current ratio 12.44, days sales outstanding 256.85, and price-to-sales 3.21 to assess liquidity and valuation.
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.
