SHIVAEXPO.BO falls 4.58% pre-market on 07 Jan 2026: watch BSE support levels
Shiva Granito Export Limited (SHIVAEXPO.BO) is trading as a pre-market top loser on 07 Jan 2026 after slipping 4.58% to INR 12.30 on the BSE. The decline follows low liquidity with volume 10,000 versus a 50-day average of 47,142, and it re-tests short-term support near the year low band. We look at why SHIVAEXPO.BO stock moved today, how fundamentals and technicals are shaping the drop, and what the Meyka AI forecast and grade say for traders and longer-term investors.
Pre-market move and immediate drivers for SHIVAEXPO.BO stock
SHIVAEXPO.BO stock fell 4.58% pre-market to INR 12.30 on 07 Jan 2026, with the stock opening at INR 12.30 after a previous close of INR 12.89; the single-session drop reflects low trade size and profit-taking after recent volatility. Market participants cited thin volume (today 10,000 vs average 47,142) and a broader Basic Materials sector pullback on price-sensitive commodities as immediate selling catalysts. Company site confirms no fresh corporate release today, pointing to technical and liquidity factors as primary drivers.
Fundamentals and valuation: what SHIVAEXPO.BO earnings and ratios show
Shiva Granito Export Limited shows mixed fundamentals: trailing EPS INR 0.01, trailing PE reported near 548.21, price-to-book 0.67, and current ratio 4.22, indicating a strong short-term liquidity buffer but very thin earnings. The company has book value per share INR 18.25 versus price INR 12.30, which implies the market values the stock at a discount to book but penalizes earnings quality and cash flow where free cash flow per share is -INR 2.80. These metrics explain why SHIVAEXPO.BO stock trades below its 200-day average INR 16.52 despite positive tangible assets.
Technicals and trading signals for SHIVAEXPO.BO stock
Short-term indicators show uneven momentum: RSI 61.24 and MACD histogram 0.50 suggest recent buying pressure, but ADX 30.68 flags a strong trend that currently favors sellers after the drop. Price sits near the lower Bollinger Band INR 7.01 (band lower) and below the 200-day average INR 16.52, so traders should watch intraday support at INR 12.30 and resistance near the 50-day average INR 12.31. Low relative volume (relVolume 0.21) increases the risk of exaggerated moves in either direction.
Meyka Grade and SHIVAEXPO.BO stock forecast
Meyka AI rates SHIVAEXPO.BO with a score of 58 out of 100 (C+) — 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 a monthly price INR 13.11, quarterly INR 5.87, and yearly INR 16.57, which implies a model-based upside of 34.80% to the yearly forecast from the current INR 12.30. Forecasts are model-based projections and not guarantees, and the mixed monthly and quarterly signals show short-term downside risk but longer-term recovery potential.
Risks and opportunities for SHIVAEXPO.BO stock investors
Key risks include thin liquidity, stretched cash conversion cycle (days inventory 276.90) and negative operating cash flow per share -INR 8.38, which may pressure near-term free cash flow and working capital. Opportunity lies in asset backing (tangible book value INR 18.25 per share), a low price-to-book ratio 0.67, and exposure to construction materials where sector demand can rebound; sector context from Basic Materials shows mixed YTD performance, making timing important for SHIVAEXPO.BO stock.
Practical trading strategy and watchlist levels for SHIVAEXPO.BO stock
For traders, we recommend watching immediate support at INR 12.00 and resistance at INR 15.00 as a first price target; a conservative swing target uses the 200-day average INR 16.52 as a stretch target. Position sizing should reflect volatility and low liquidity; consider stop-loss near INR 11.00 for short-term trades and re-evaluate if volume remains below 20,000 on rebounds. For longer-term investors, monitor quarterly cash flow trends and any export order updates before increasing exposure.
Final Thoughts
SHIVAEXPO.BO stock is a pre-market top loser on 07 Jan 2026 after a 4.58% drop to INR 12.30, driven by thin volume and mixed technical signals on the BSE in India. Fundamentals show a low price-to-book 0.67 and high trailing PE reflecting minimal trailing earnings, while cash flow metrics are negative and inventory days are elevated. Meyka AI’s forecast model projects yearly INR 16.57, implying a 34.80% upside versus current price, but the quarterly projection INR 5.87 flags near-term downside risk; forecasts are model-based projections and not guarantees. Traders should treat the stock as higher risk, use tight sizing, and track company updates and sector momentum. For reference and further company details visit the official site and our Meyka stock page for SHIVAEXPO.BO on Meyka AI’s platform
FAQs
SHIVAEXPO.BO stock fell pre-market mainly due to thin liquidity (volume **10,000**), short-term profit-taking and Basic Materials sector weakness; no fresh corporate announcement was recorded on the company website.
Meyka AI’s forecast model projects a yearly price of **INR 16.57** for SHIVAEXPO.BO stock, implying about **34.80%** upside from the current **INR 12.30**; forecasts are model-based projections and not guarantees.
Watch trailing PE (**548.21**), price-to-book (**0.67**), current ratio (**4.22**), operating cash flow per share (**-INR 8.38**) and days inventory (**276.90**) to assess valuation, liquidity and cash conversion risks for SHIVAEXPO.BO stock.
Meyka AI rates SHIVAEXPO.BO with a **58/100 (C+) — HOLD**; the grade reflects asset backing but weak cash flows and low liquidity, so investors should use caution and size positions accordingly.
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.
