SRUSTEELS.BO SRU Steels Limited (BSE) drops 18.27% intraday 11 Mar 2026: Monitor oversold bounce

SRUSTEELS.BO stock plunged 18.27% intraday to INR 1.61 on 11 Mar 2026 on the BSE, on volume of 1,338,443 shares versus an average of 336,885. The sharp drop came without a scheduled earnings release and pushed technical indicators into extreme oversold territory (RSI 11.92). Traders should note the high relative volume (6.45x) and the gap below yesterday’s close of INR 1.97, which signals forced selling rather than company-specific news. Meyka AI’s real-time tools flag this as a top-losers intraday move and we outline valuation, liquidity and forecast context below.