HISARMETAL.BO Hisar Metal BSE close INR 169.00 on 24 Feb 2026: oversold bounce setup

HISARMETAL.BO stock closed on the BSE at INR 169.00 on 24 Feb 2026, down 1.49% for the day on light volume of 349.00 shares. The session left the share near the 50-day average (INR 165.57) but below the 200-day average (INR 185.93), creating a classic short-term oversold bounce setup. Traders watch the gap to the year high of INR 228.00 and the year low of INR 150.20 for key reversion levels. This note focuses on price drivers, technical triggers, valuation metrics, and a Meyka AI forecast to frame a measured trade plan.

HISARMETAL.BO stock: Price action and quick facts

The stock closed at INR 169.00 after opening at INR 169.00 and a previous close of INR 171.55. Volume was 349.00 versus an average volume of 742.00, highlighting low liquidity today.

Key metrics: EPS 4.56, reported PE 37.62, market cap INR 926,370,000.00, shares outstanding 5,400,000.00, year high INR 228.00, year low INR 150.20. The 50-day average is INR 165.57 and the 200-day average is INR 185.93.

HISARMETAL.BO stock: Technical setup for an oversold bounce

Technicals show short-term weakness but a mean-reversion chance. Price sits just above the 50-day average at INR 165.57 while trading below the 200-day at INR 185.93, a configuration that often precedes a bounce when volume and momentum confirm.

Momentum indicators are mixed: MACD histogram is negative at -0.06 and ADX reads 100.00 indicating a strong trend, while ATR is high at 37.90, signaling elevated intraday swings. Low relative volume (0.20) warns that any bounce may need higher participation to sustain.

HISARMETAL.BO stock: Fundamentals and valuation snapshot

Fundamentals are modest: trailing EPS is 4.56 and reported PE is 37.62, above the Basic Materials sector average PE of about 30.19, indicating a valuation premium versus peers.

Other ratios: PB ~1.38, price-to-sales ~0.72, dividend yield ~0.58%. Operating margins are thin and return-on-equity is near zero, reinforcing a need for improving profitability to justify higher multiples.

HISARMETAL.BO stock: Meyka AI grade and model forecast

Meyka AI rates HISARMETAL.BO with a score out of 100: 63.75/100, Grade B, Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are model outputs and not guarantees.

Meyka AI’s forecast model projects a monthly target of INR 191.36 and a quarterly projection of INR 139.52. Versus the current price INR 169.00, the monthly projection implies an upside of 13.23%, while the quarterly projection implies a downside of -17.45%. Forecasts are model-based projections and not guarantees.

HISARMETAL.BO stock: Risks, catalysts and sector context

Primary risks include thin liquidity, narrow margins, and sector swings in Basic Materials and Steel. A failure to lift volumes would keep the stock rangebound near its year low of INR 150.20.

Catalysts for a bounce include stronger export demand, a pickup in stainless steel spreads, or positive monthly sales updates. The Basic Materials sector YTD is down -3.76% and shows choppy quarterly performance, so sector momentum will matter for any sustained HISARMETAL.BO stock recovery.

HISARMETAL.BO stock: Trading strategy for an oversold bounce

For short-term traders, consider partial exposure near INR 169.00 with a tight stop below the year low (INR 150.20) and an initial target near Meyka’s monthly projection (INR 191.36). Size positions small given low volume and use stop-loss orders to limit downside.

Position traders should wait for confirming volume above average (>742.00) and a MACD histogram turn positive before scaling. Maintain discipline: use risk per trade under 2% of portfolio and reassess if fundamentals fail to improve.

Final Thoughts

HISARMETAL.BO stock closed at INR 169.00 on 24 Feb 2026, leaving a short-term oversold bounce setup. Technicals show the stock near 50-day support (INR 165.57) but below the 200-day average (INR 185.93), with low participation today (volume 349.00). Fundamentals show EPS 4.56 and a PE near 37.62, which requires improving margins to justify renewed buying. Meyka AI’s forecast model projects a monthly target of INR 191.36 (+13.23% vs INR 169.00) and a quarterly projection of INR 139.52 (-17.45% vs INR 169.00). Use the monthly projection as a tactical upside target and the quarterly figure as a reminder of downside risk. Trade plans should be size-limited, require confirming volume above 742.00, and use stops below INR 150.20. This piece uses Meyka AI-powered market analysis platform models and objective metrics; forecasts are model-based projections and not guarantees. Always cross-check with company filings and sector flows before acting.

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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.