BHANDARI.NS Bhandari Hosiery Exports NSE -12.89% Feb 2026: Oversold, watch 2.94
BHANDARI.NS stock led the top losers list at market close on 26 Feb 2026, sliding -12.89% to INR 3.11 on heavy volume. The move came with a spike in activity to 3,104,258.00 shares, far above the average 256,621.00. Traders pushed the price below the 50-day average, leaving the stock deeply oversold on momentum indicators. For NSE-listed Bhandari Hosiery Exports Limited, this session raises short-term risk and creates tactical reversal and bounce trade opportunities for active traders.
BHANDARI.NS stock: Market close summary
Bhandari Hosiery Exports Limited (BHANDARI.NS) closed at INR 3.11, down -0.46 from the previous close of INR 3.57. The intraday range was INR 2.94–3.48 and volume was 3,104,258.00, a relative volume of 10.57. The stock was one of the day’s largest percentage decliners on the NSE in India, reflecting concentrated selling pressure rather than broad sector weakness.
BHANDARI.NS stock: Key fundamentals snapshot
Bhandari Hosiery Exports reports EPS 0.34 INR and trades at PE 8.97 with a price-to-book of 0.47. Market capitalisation stands at INR 732,151,439.00 and shares outstanding are 240,049,652.00. The company shows a current ratio 2.13 and debt-to-equity 0.65, indicating reasonable liquidity but meaningful leverage for the apparel space.
BHANDARI.NS stock: Technicals and trading triggers
Momentum is stretched: RSI 18.49 signals oversold conditions and MACD histogram is negative. The 50-day average is INR 4.03 and the 200-day average is INR 4.77, both above the close. Immediate support sits at today’s low INR 2.94, while near-term resistance aligns with the 50-day at INR 4.03. A reclaim above INR 4.00 would cut the downside risk and re-open a swing toward the 50-day mean.
Meyka AI grade and valuation view for BHANDARI.NS stock
Meyka AI rates BHANDARI.NS with a score out of 100. Meyka AI rates BHANDARI.NS with a score of 58.61 / 100, Grade C+, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The stock looks cheap vs the Consumer Cyclical sector (sector PE ~34.41), but lower profitability and longer working capital cycles limit a stronger grade. These grades are not guaranteed and we are not financial advisors.
BHANDARI.NS stock: Risks, catalysts and sector context
Key risks include a long cash conversion cycle (days inventory 151.83, DSO 118.18) and moderate interest coverage (1.96). The company sells to the US and EU, so export demand and currency swings are catalysts. The Consumer Cyclical sector in India trades richer on multiples; BHANDARI.NS’s low PB (0.47) signals value, but operational risks and a recent negative rating (external model: C- / Strong Sell on 25 Feb 2026) pressure sentiment.
BHANDARI.NS stock forecast and trading strategy
Meyka AI’s forecast model projects a yearly price of INR 3.76, implying an upside of 20.90% from the current INR 3.11. Short-term model levels include monthly 3.21 INR and quarterly 2.13 INR. For traders, a recovery trade with stop under INR 2.94 and target near INR 4.03 matches technical structure. For longer holders, watch the earnings date on 2026-05-28 and any guidance on export volumes and margins. Forecasts are model-based projections and not guarantees.
Final Thoughts
BHANDARI.NS stock finished as a top loser on the NSE at market close on 26 Feb 2026, dropping -12.89% to INR 3.11 on heavy volume. The move pushed technicals into extreme oversold territory, creating a tactical bounce setup but raising near-term downside risk to today’s low INR 2.94 (down -5.47% from the close). Valuation metrics show low multiples — PE 8.97 and PB 0.47 — relative to the Consumer Cyclical sector, but operational metrics such as long inventory days and modest interest coverage temper conviction. Meyka AI’s forecast model projects a yearly target INR 3.76, an implied upside of 20.90% versus the current price; this suggests possible recovery if sentiment improves and earnings confirm steady exports. Use tight risk controls: traders may consider short-term bounce trades with stops under INR 2.94, while longer-term investors should wait for confirmation of margin recovery and working capital improvement. Meyka AI provides this as AI-powered market analysis; forecasts and grades are projections, not guarantees.
FAQs
Why did BHANDARI.NS stock fall sharply today?
BHANDARI.NS stock fell -12.89% on 26 Feb 2026 on heavy volume. The session followed a negative rating update and technical selling. Longer cash conversion cycles and margin concerns likely amplified the move.
What are the key support and resistance levels for BHANDARI.NS stock?
Immediate support is today’s low INR 2.94 and the near resistance is the 50-day average near INR 4.03. A close above INR 4.00 would signal a larger recovery.
What price does Meyka AI forecast for BHANDARI.NS stock?
Meyka AI’s forecast model projects a yearly price of INR 3.76 for BHANDARI.NS stock, implying about 20.90% upside from the current INR 3.11. Forecasts are projections, not guarantees.
Is BHANDARI.NS stock undervalued based on fundamentals?
On multiples BHANDARI.NS looks inexpensive: PE 8.97 and PB 0.47 versus sector averages. However, long inventory days and low cash conversion raise execution risk before calling it undervalued.
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.