GANGOTRI.NS INR 0.61 Gangotri Textiles NSE 27 Feb 2026: Oversold bounce case
The GANGOTRI.NS stock is trading at INR 0.61 on the NSE this intraday session (27 Feb 2026), showing a high-volume attempt to stabilise after recent weakness. Volume at 31,541 shares today is nearly six times the average, signaling an oversold bounce opportunity for short-term traders. Fundamentals remain thin—EPS -0.02 and PE -30.50—but technical oversold conditions and a tight risk band around the year low create a defined trade setup. We outline targets, risks, and a concrete exit plan for intraday and near-term trading.
GANGOTRI.NS stock market snapshot and intraday data
Gangotri Textiles Ltd. (GANGOTRI.NS) is trading on the NSE at INR 0.61 with a day low of INR 0.61 and a day high of INR 0.66. Market cap is INR 19,894,927.00 and shares outstanding are 32,614,634.00. Average volume is 5,422.00; today’s volume 31,541.00 implies strong intraday interest and a relative volume of 5.82.
Why an oversold bounce setup is plausible for GANGOTRI.NS stock
Price is close to the year low INR 0.55, creating a short-term support zone that often triggers bounces in microcaps. The 50-day average is INR 0.60 while the 200-day average is INR 0.76, showing recent underperformance but a possible mean-reversion opportunity. Given the low float and higher intraday volume, quick rebounds to resistance levels are common in this segment.
Fundamentals and valuation for GANGOTRI.NS stock
Gangotri Textiles reports limited operations and negative trailing metrics: EPS -0.02, PE -30.50, and book value per share deeply negative. Price-to-book is -0.01, reflecting balance-sheet anomalies. Sector peers in Consumer Cyclical trade at much higher multiples (sector average PE ~34.32), emphasising that this is a speculative, distressed name rather than a value pick based on fundamentals.
Technical setup and trade levels for an oversold bounce
Short-term structure: support near the year low INR 0.55, immediate resistance INR 0.66 (today’s high). We set an intraday target at INR 0.80 (approx +31.15% from INR 0.61) and a stretch target at the year high INR 1.26 (+106.56%). Recommended stop-loss for a bounce play is INR 0.55; size positions small and use tight stops because volatility and corporate inactivity increase tail risk.
Meyka Grade, forecast and model projection for GANGOTRI.NS stock
Meyka AI rates GANGOTRI.NS with a score of 56.69 out of 100 — Grade C+ (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 INR 0.43 for the next year, implying -28.76% versus the current price INR 0.61. Forecasts are model-based projections and not guarantees.
Risks, sector context and a clear intraday plan
Key risks: no significant operations, negative book value, thin free float, and low-quality financials. The Apparel – Manufacturers sector shows stronger ROE and valuations, underlining relative weakness. For intraday traders: enter on a conviction candle above INR 0.64, target INR 0.80, use stop INR 0.55, and size to limit downside to 1-2% of capital.
Final Thoughts
Short-term traders can treat GANGOTRI.NS stock as a high-risk oversold bounce candidate during this intraday session. The setup is defined: current price INR 0.61, support at INR 0.55 and immediate resistance at INR 0.66. A conservative intraday target is INR 0.80 (+31.15%), with a stretch toward the year high INR 1.26 if liquidity and momentum follow. Note the fundamentals are weak—EPS -0.02, negative book value—so keep positions small. Meyka AI’s forecast model projects INR 0.43 over the next year (implying -28.76% versus today), which supports a tactical, short-duration trading stance rather than a buy-and-hold. Use strict stops, monitor volume, and treat any move above INR 0.80 as confirmation to scale out. For additional company details, consult the corporate site Gangotri Textiles and the NSE quote GANGOTRI on NSE. Meyka AI is an AI-powered market analysis platform and these observations are data-driven, not personalised investment advice.
FAQs
Is GANGOTRI.NS stock a buy for intraday traders today?
For intraday traders GANGOTRI.NS stock can be a tactical long on a confirmed bounce above INR 0.64 with target INR 0.80 and stop INR 0.55. Keep very small size due to low liquidity and weak fundamentals.
What is Meyka AI’s forecast for GANGOTRI.NS stock?
Meyka AI’s forecast model projects INR 0.43 over the next year for GANGOTRI.NS stock, implying roughly -28.76% against the current INR 0.61. Forecasts are model-based and not guarantees.
What are the main risks for GANGOTRI.NS stock investors?
Main risks include limited operations, negative book value, thin float, erratic liquidity, and negative earnings. These raise the probability of sudden price gaps and limit suitable investor timeframes.
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.