739.40 close for CREATIVE.NS Creative Newtech NSE on 01 Apr 2026: Oversold bounce

CREATIVE.NS stock closed at INR 739.40 on the NSE on 01 Apr 2026, after trading between INR 656.55 and INR 749.00 intraday. The sharp dip toward the session low pushed the share into an oversold range versus its 50-day average of INR 682.72 and 200-day average of INR 680.69, creating a potential bounce setup for short-term traders. Volume jumped to 65,776 shares, nearly three times the average, suggesting conviction behind intraday selling and a clearer rebound entry for disciplined traders.

CREATIVE.NS stock: performance snapshot

Creative Newtech Limited (CREATIVE.NS) closed at INR 739.40 on the NSE, with a day low of INR 656.55 and a day high of INR 749.00. Market cap stands at INR 11,103,329,495.00, EPS is INR 35.42, and the session P/E works out to 20.88.

Trading volume of 65,776 versus an average volume of 20,752 shows a relative volume of 3.17, pointing to higher activity on the sell-off day. Year range is INR 594.75–INR 1,014.00, which frames support and resistance for a bounce plan. Recent Reuters coverage provides company profile and price metrics for reference Reuters profile and Reuters price & volume.

Why an oversold bounce matters for CREATIVE.NS stock

The intraday move to INR 656.55 pushed the stock well below its 50-day mean, creating an imbalance between price and short-term mean reversion indicators. High relative volume confirms the move was not shallow, increasing the chance of a corrective bounce in the next sessions.

For traders, the setup is a momentum reversal trade: buy on signs of volume-normalised recovery with a tight stop below INR 650.00 and target initial resistance near the 50-day average at INR 682.72.

Fundamentals and valuation that support a rebound

Creative Newtech operates in Technology Distributors and reported solid per-share metrics: revenue per share INR 1,366.85 and net income per share INR 37.57. Key ratios include a price-to-sales of 0.47, price-to-book of 3.96, and a current ratio of 1.75, reflecting adequate short-term liquidity.

The company’s P/E at 20.88 is below the Technology sector average P/E of 34.56, which argues that CREATIVE.NS stock is relatively cheaper on earnings. Return on equity is 22.41%, supporting quality earnings that can underpin a sustainable bounce.

Technical setup and trade plan for CREATIVE.NS stock

Short-term technicals show a clear mean-reversion opportunity: price undercut the 50-day and 200-day averages at INR 682.72 and INR 680.69, respectively, then recovered into the close. Use a staged entry: partial buy on a reclaim above INR 690.00, add above INR 710.00, stop 3.0%–5.0% below entry.

Targets: initial INR 682.72 (50-day), next INR 780.00, and a conservative swing target at INR 900.00 if sector momentum improves. Risk control is critical given operating cash-flow metrics are negative on a per-share basis.

Meyka AI grade and model forecast for CREATIVE.NS stock

Meyka AI rates CREATIVE.NS with a score of 77.53 out of 100 and assigns a B+ (BUY) suggestion. 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 1-year target of INR 1,139.39 and a 3-year target of INR 1,410.91. Compared with the current price of INR 739.40, the 1-year implied upside is 54.13% and the 3-year implied upside is 90.84%. Forecasts are model-based projections and not guarantees. Meyka AI-powered market analysis platform is available for deeper, real-time screening.

Risks and sector context for CREATIVE.NS stock

Key risks include negative operating cash flow per share (-INR 53.02) and free cash flow per share (-INR 53.44), which reduce margin for error during inventory cycles. Receivables days of 73.28 hint at working capital pressure in certain cycles.

On the sector side, Technology in India is under pressure with a 3-month sector performance down trend; CREATIVE.NS stock’s lower P/E versus sector peers provides valuation cushion, but macro weakness or channel disruptions could delay a sustained recovery.

Final Thoughts

CREATIVE.NS stock closed at INR 739.40 on 01 Apr 2026 after a high-volume dip that created a clean oversold bounce setup. Short-term traders can consider staged entries on reclaim levels above INR 690.00 with tight stops and initial upside targets at the 50-day mean (INR 682.72) and INR 780.00. From a fundamental perspective, the company posts solid ROE (22.41%) and EPS (INR 35.42) while carrying negative operating cash-flow per share; this combination supports selective mean-reversion trades but calls for strict risk controls. Meyka AI’s forecast model projects INR 1,139.39 in one year, implying an upside of 54.13% versus the current price of INR 739.40; forecasts are model-based projections and not guarantees. Use the bounce as a short-term trade idea, and reassess if price fails to hold above INR 665.00 or if sector momentum worsens. See CREATIVE.NS on Meyka for live updates and screeners.

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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.