What drove the RFLL.BO stock gain on 24 Mar 2026?

The spike was driven by short-covering and bargain buying after a prior pullback. Volume rose to **15,543** shares, pushing the price to **INR 16.32**. Technical oversold signals helped trigger the move.

What is Meyka AI's outlook for RFLL.BO stock?

Meyka AI's forecast model projects a **quarterly target of INR 20.36** and a **yearly projection of INR 19.84**, implying upside of about **24.75%** and **21.57%** respectively from **INR 16.32**. Forecasts are model-based projections and not guarantees.

Is RFLL.BO stock a buy after the rally?

Given mixed valuation signals, low liquidity and an external D+ rating, Meyka AI gives a **B / HOLD** stance. Traders may take short-term gains, while longer-term investors should wait for clearer earnings or trend confirmation.

What technical levels should traders watch for RFLL.BO stock?

Watch resistance at the **50-day average INR 18.63** and the **200-day average INR 20.77**. Key support is the recent intraday low **INR 15.25**. RSI at **36.42** signals room for recovery.

IN Stocks

RFLL.BO Rita Finance (BSE) jumps 20.89% on 24 Mar 2026: monitor 50-day test

ByDanny Kontos March 24, 2026March 24, 2026

The RFLL.BO stock closed the BSE session on 24 Mar 2026 up 20.89%, finishing at INR 16.32 on higher volume. The move followed a sharp intraday bounce from a day low of INR 15.25 and left the share testing the 50-day average near INR 18.63. Traders showed renewed interest with 15,543 shares traded versus an average of 10,925. We examine the drivers, valuation, technical setup and Meyka AI’s near-term forecast for Rita Finance & Leasing Ltd. on the BSE in India.