CARGOSOL.BO Cargosol Logistics (BSE) INR 22.62 on 20 Mar 2026: Oversold bounce watch

We saw CARGOSOL.BO stock close at INR 22.62 on the BSE on 20 Mar 2026 after a one-day drop of 4.99%. The share traded 8,000 shares, well above its average volume of 333, signalling active flows into an oversold name.

Given a steep recent pullback (3M -18.49%) and technical oversold readouts, we consider a measured oversold bounce strategy. This piece looks at valuation, technical triggers, Meyka AI model forecasts, and short-term price targets for Cargosol Logistics Limited (CARGOSOL.BO) on the BSE in India.

Price action and liquidity for CARGOSOL.BO stock

CARGOSOL.BO stock opened and closed at INR 22.62 on 20 Mar 2026 with a daily range of INR 22.62–22.62. Volume at 8,000 shares produced a relative volume of 24.02, indicating outsized interest versus the avgVolume 333. The one-year range is INR 12.90–28.80, placing today’s price 21.39% below the year high.

Fundamentals and valuation: key metrics for CARGOSOL.BO stock

Cargosol Logistics (CARGOSOL.BO) shows EPS 1.09 and a trailing PE 20.75, below the Industrials peer average PE ~31.40. Book value per share is INR 22.34, nearly equal to the market price, giving a PB ~1.01. Market cap stands at INR 230,724,000.00 and shares outstanding are 10,200,000.

Technical setup — oversold bounce signals in CARGOSOL.BO stock

Technicals point to an oversold short-term condition: CCI -210.39, MACD histogram -0.27, and ADX 100.00 showing a strong directional move. Bollinger lower band at INR 23.42 and 50-day average INR 25.62 define near-term resistance. A bounce above INR 25.62 would confirm a short-term recovery bias.

Meyka AI grade and model forecast for CARGOSOL.BO stock

Meyka AI rates CARGOSOL.BO with a score out of 100: 59.45 (Grade: C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects Monthly INR 21.75, Quarterly INR 26.18, Yearly INR 15.58. Compared with the current INR 22.62, quarterly upside is +15.75% and yearly downside is -31.16%. Forecasts are model-based projections and not guarantees.

Sector context and comparative valuation for CARGOSOL.BO stock

CARGOSOL.BO sits in Industrials (Airlines, Airports & Air Services) where the sector 3M performance is -11.11% and avg PE is 31.40. Relative to peers, Cargosol’s PE 20.75 and PB 1.01 suggest it trades cheaper on earnings and book metrics. However, operating cash flow per share is -0.83, and debt-to-equity is 1.33, flagging liquidity and leverage risk versus sector norms.

Risks, catalysts and a short-term trading plan for CARGOSOL.BO stock

Near-term catalysts include freight volumes, contract wins, and quarterly earnings that can re-rate the stock. Key risks are negative operating cash flow, net debt to EBITDA 4.53, and elevated receivables days 129.14. For an oversold bounce trade consider a small position with stop under INR 21.00 and a tactical target near INR 26.18 or the 50-day average. Use position sizing to limit downside exposure.

Final Thoughts

CARGOSOL.BO stock traded INR 22.62 on 20 Mar 2026 and shows a defined oversold technical profile with active volume. Fundamentals are mixed: earnings per share 1.09 and PE 20.75 are reasonable, but operating cash flow is negative and leverage is material. Meyka AI’s model offers a short-term target of INR 26.18 (implied upside +15.75%) while the 12-month projection is INR 15.58 (implied downside -31.16%). For traders using an oversold bounce strategy, a disciplined entry near current levels, a tight stop-loss near INR 21.00, and a staged target at INR 25.62–26.18 balances reward and risk. Investors should weigh the company’s PB parity to book value and the industry PE gap before adding size. This analysis uses market data and Meyka AI’s model as an AI-powered market analysis platform; forecasts are model-based projections and not guarantees.

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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.