BHANDARI.BO stock down 13.02% BSE after hours 26 Feb 2026: watch INR 2.96
BHANDARI.BO stock plunged -13.02% in after-hours trade on the BSE on 26 Feb 2026, closing at INR 3.14 on heavy volume of 240,136 shares. The stock hit an intraday low of INR 2.96, equal to its year low, before a late bid. Traders flagged a volume spike versus the average 42,477 shares, suggesting forced selling. We use real-time metrics and Meyka AI data to separate short-term technical weakness from longer-term valuation metrics in the apparel sector in India.
Price action and drivers for BHANDARI.BO stock
BHANDARI.BO stock moved from an open of INR 3.65 to a close of INR 3.14, a decline of -13.02% on the session and a change of INR -0.47. Volume was 240,136, or 8.57x the average, signalling outsized selling pressure. The day low of INR 2.96 now sits as the immediate support and also the 52-week low, while short-term resistance sits near the 50-day average at INR 4.03.
Valuation and fundamentals: where BHANDARI.BO stands
On fundamentals Bhandari Hosiery Exports Ltd. shows earnings per share INR 0.34 and a trailing PE of 9.03, with a price-to-book of 0.54. Net profit margin is 2.30% and return on equity is 7.71%, while operating cash flow per share is INR 0.80. The company carries material leverage: debt-to-equity near 1.20 and interest coverage of 1.77, which can amplify downside in slower demand environments.
Meyka AI rates BHANDARI.BO with a score out of 100 and technical signals
Meyka AI rates BHANDARI.BO with a score of 60.74 out of 100 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry comparisons, financial growth, key metrics, analyst signals, and forecasts. Technical indicators show an ADX of 52.22 indicating a strong trend, MACD negative (histogram -0.08) and a very low RSI reading on the session, highlighting momentum to the downside. The grade is informational and not investment advice.
Sector context and key risks for BHANDARI.BO stock
Bhandari operates in the Consumer Cyclical sector (Apparel – Manufacturers) in India, which has seen mixed returns year-to-date. Sector cyclicality, long inventory cycles (days of inventory 120.63) and long receivables (DSO 98.09 days) increase working capital strain. Macro demand softness in discretionary textile orders and currency or input-cost swings are principal near-term risks that can depress revenue and margin visibility.
Short-term outlook, support and price targets for BHANDARI.BO stock
Immediate technical support is INR 2.96 (day and year low). Near-term resistance sits at the 50-day average INR 4.03 and the 200-day average INR 4.78. Meyka AI’s forecast model projects a 12-month target of INR 4.40, implying upside of +40.13% from INR 3.14. Forecasts are model-based projections and not guarantees. Traders should expect elevated volatility while the company works through working-capital metrics.
Trading signals and what to watch next for BHANDARI.BO
Watch liquidity and news flow: intraday volume spiked to 240,136 versus an average of 42,477, raising the risk of continued stop-driven moves. Monitor company updates on orders, export demand, or working-capital improvement, and any management commentary on cost or margin measures. On the technical side a daily close above INR 3.90–4.00 would reduce immediate downside risk; a close below INR 2.96 would open the gap to lower support.
Final Thoughts
BHANDARI.BO stock is a top loser in after-hours trade on 26 Feb 2026 after a sharp -13.02% slide to INR 3.14 on heavy volume of 240,136 shares on the BSE in India. Valuation metrics offer mixed signals: a low trailing PE of 9.03 and price-to-book 0.54 suggest value, but high inventory days (120.63) and debt-to-equity 1.20 create balance-sheet risk. Meyka AI’s forecast model projects a 12-month target of INR 4.40, implying +40.13% upside from the current price; this projection is a model-based estimate and not a guarantee. Our view: the stock faces short-term technical pressure and sector headwinds, so active traders should prioritise risk controls and watch for confirmatory management updates or a meaningful volume-driven reversal before committing. Meyka AI-powered market analysis supports a cautious HOLD bias until working-capital metrics and order visibility improve.
FAQs
Why did BHANDARI.BO stock drop so sharply after hours?
The after-hours drop reflects a -13.02% move on spiking volume (240,136) versus average, likely driven by stop-loss selling and weak short-term momentum. No single public earnings update explains the move; market liquidity and sector sentiment amplified the decline.
Is BHANDARI.BO stock cheap based on valuation?
Valuation appears inexpensive on surface metrics: trailing PE 9.03 and P/B 0.54. However, weak margins (net margin 2.30%), high inventory days and leverage raise value-trap risks. Check cash flow and debt trends before buying.
What are the key levels to watch for BHANDARI.BO stock?
Immediate support is at INR 2.96 (day and year low). Short-term resistance is the 50-day average near INR 4.03 and the 200-day near INR 4.78. A sustained close above INR 4.00 would ease downside risk.
What does Meyka AI forecast for BHANDARI.BO stock?
Meyka AI’s forecast model projects a 12-month target of INR 4.40, implying +40.13% upside from INR 3.14. Forecasts are model-based projections and not guarantees; use them alongside company updates.
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.