ZSOUTGAS.BO Southern Gas Ltd (BSE) +4.99% 19 Jan 2026: oversold bounce alert
ZSOUTGAS.BO stock closed at INR 25.00 on 19 Jan 2026 after a 4.99% intraday rise, giving a clear short-term oversold bounce signal at market close. Volume was light at 20.00 shares versus an average of 13.00, which suggests the move is narrow but meaningful for low‑float names. We focus on short-term trade mechanics, fundamentals and model forecasts to weigh an oversold bounce strategy in the Basic Materials sector on the BSE in India.
Price action and market close snapshot for ZSOUTGAS.BO stock
Southern Gas Ltd (ZSOUTGAS.BO) finished the session on the BSE at INR 25.00, up INR 1.19 or 4.99% on 19 Jan 2026. The stock opened at INR 25.00 and traded in a narrow range with day low and day high both at INR 25.00. Market close confirms the oversold bounce context after prior underperformance and a modest uptick in demand.
Fundamentals and valuation metrics for ZSOUTGAS.BO stock
Key fundamentals show a tiny market cap of INR 562,500.00 and 22,500.00 shares outstanding. Reported EPS is INR 867.03 and trailing PE stands at 0.03, reflecting an unusual earnings base or accounting items. The 50‑day and 200‑day averages are both INR 24.41, putting the current price slightly above average. These exact figures matter when sizing risk for an oversold bounce trade.
Technical outlook and oversold bounce setup for ZSOUTGAS.BO stock
Price strength today came on low but above‑average relative volume (rel vol 1.54), which is typical at the start of a bounce. Technical indicators are sparse due to limited history and flat bands (BB middle INR 25.00). For traders, a short‑term bounce setup is credible if price holds above INR 24.00 and volume picks up above 50.00 shares. Use tight risk controls because liquidity is thin.
Meyka AI grade, model output and ZSOUTGAS.BO stock forecast
Meyka AI rates ZSOUTGAS.BO with a score out of 100: Score: 59.75 | Grade: C+ | Suggestion: HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. Meyka AI’s forecast model projects a yearly price of INR 15.41, and a quarterly level near INR 19.93. Compared with the current INR 25.00, the model suggests downside to annual fair value of -38.36%, so forecasts are model‑based projections and not guarantees.
Catalysts, sector context and liquidity risks for ZSOUTGAS.BO stock
Southern Gas operates in Chemicals – Specialty within the Basic Materials sector. Sector headwinds and low market cap increase sensitivity to single contract wins or supply changes. Current liquidity is low with 20.00 shares traded; average volume 13.00 shares. Low float amplifies volatility and makes stop placement and position sizing critical for any oversold bounce trade.
Price targets and a structured oversold bounce strategy for ZSOUTGAS.BO stock
For traders we set a short‑term bounce target at INR 28.00 (implied upside 12.00%). A conservative medium target sits near INR 32.00 if momentum expands. Use stop loss at INR 23.00 to cap downside to -8.00% on a typical position. Longer‑term model‑driven fair value remains lower, so treat positions as tactical. Always size positions to account for low liquidity and wider spreads.
Final Thoughts
ZSOUTGAS.BO stock closed the BSE session at INR 25.00 on 19 Jan 2026 with a 4.99% intraday gain that fits an oversold bounce scenario. The move is supported by a small uptick in relative volume but limited by a very low free float and thin trading (today 20.00 shares). Meyka AI’s model projects a yearly figure of INR 15.41, implying -38.36% versus today, while the quarterly model points to INR 19.93. For active traders, a tactical oversold bounce can be scoped with a short target of INR 28.00, stop at INR 23.00, and strict position sizing. These price targets and the Meyka grade (C+) frame a cautious view: near‑term trade opportunity exists, but longer‑term model forecasts and limited liquidity make this a hold for most portfolios. Forecasts are model‑based projections and not guarantees. For updates and live tracking consult company filings and the Southern Gas site and BSE data source source. Meyka AI provided the AI‑powered market analysis in this report.
FAQs
What caused ZSOUTGAS.BO stock to rise on 19 Jan 2026?
The stock rose 4.99% on light but above‑average relative volume, consistent with a short covering or small buy orders triggering an oversold bounce. No formal earnings or announcement was recorded; trade is driven by low float dynamics.
What is Meyka AI’s price forecast for ZSOUTGAS.BO stock?
Meyka AI’s forecast model projects a yearly price of INR 15.41 and a quarterly level near INR 19.93. These are model outputs and not guarantees; they show downside versus the current INR 25.00.
How should traders size positions on ZSOUTGAS.BO stock for an oversold bounce?
Given tiny liquidity (avg volume 13.00), keep position sizes small, use a stop (example INR 23.00) and limit exposure to a small portfolio percentage. Expect larger spreads and execution risk.
Does Southern Gas Ltd pay dividends or have strong fundamentals?
Public data shows a high reported EPS (INR 867.03) and a near‑zero PE (0.03), which is atypical and requires deeper review of filings. There is no clear dividend record in the provided dataset.
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.
