Why did SHIVAGR.BO stock fall sharply on 10 Mar 2026?

The decline followed a negative analyst rating published on 9 Mar 2026, high leverage (debt to equity **1.98**) and heavier-than-average selling volume. Weak cash flow and long inventory days also magnified downside pressure.

What is the valuation of SHIVAGR.BO stock right now?

SHIVAGR.BO stock trades at **PE 26.20** with PB **1.56**, EPS **INR 0.95** and market cap **INR 124,788,504.00**. These metrics show modest valuation but higher leverage relative to peers.

What price target does Meyka AI give for SHIVAGR.BO stock?

Meyka AI's 12‑month forecast for SHIVAGR.BO stock is **INR 30.66**, implying about **27.39%** upside from **INR 24.07**. Forecasts are model-based projections and not guarantees.

Is SHIVAGR.BO stock a buy after the sell-off?

Meyka assigns a **B / HOLD** grade based on mixed fundamentals and high leverage. Buyers should wait for clearer signs of cash-flow improvement or a downgrade reversal before adding new exposure.

IN Stocks

SHIVAGR.BO stock falls 22.63% to INR 24.07 on BSE: near-term outlook

ByHuzaifa Zahoor March 10, 2026

SHIVAGR.BO stock plunged 22.63% to INR 24.07 on the BSE at market close on 10 Mar 2026, with a one-day loss of INR 7.04 from the previous close of INR 31.11. Trading volume was 1,477 shares versus an average of 1,216, showing higher-than-usual turnover. The drop pushed the share close toward its year low of INR 20.01 and re-priced short-term expectations for Shivagrico Implements Limited on the BSE in India.