ALSTONE.BO stock slipped to INR 0.13 in after-hours trading on 24 Mar 2026, driven by heavy turnover of 124,253,219 shares on the BSE. The move left the share near its year low of INR 0.13 and well below the 50-day average of INR 0.17. Traders flagged the big volume as the reason the name ranked among the market’s most active issues in India today. We review price action, valuation, technical signals and a short-term Meyka AI forecast to help frame the next trading steps for investors.
ALSTONE.BO stock trading snapshot
ALSTONE.BO stock closed the session at INR 0.13, down 7.14% from the previous close of INR 0.14, with a day range of INR 0.13–0.14. Volume reached 124,253,219 versus an average volume of 63,277,551, indicating elevated trader interest. Market cap stands at INR 878,472,000 and shares outstanding are 6,274,800,000. The stock is listed on the BSE and quoted in INR.
Why ALSTONE.BO stock moved today
There were no company filings today, but market participants referenced recent price history and thin float as drivers of large swings. Public market summaries and historical trading notes highlighted activity in Alstone Textiles; see recent coverage on Investing.com for trade history and company profile source and company details source. The session’s high turnover suggests momentum traders and short-term liquidity flows dominated direction.
Fundamentals and valuation for ALSTONE.BO stock
Alstone Textiles reports EPS INR 0.01 and a trailing PE of 14.00, with a price-to-book of 0.13 that implies the market values the company well below book. Cash per share is INR 0.60, book value per share INR 1.05, and the company shows a debt-to-equity of 2.16. Current ratio is 0.27, and working capital is deeply negative. These metrics signal balance-sheet strain despite a low market price.
Technicals and most-active trading signals on ALSTONE.BO stock
Technical indicators show short-term weakness and active trader interest. The RSI at 35.11 sits near oversold territory, MACD is neutral, ADX at 46.09 signals a strong trend, and Bollinger bands range 0.13–0.16. With a 3-month change of -50.00%, volatility is elevated and on‑book volume confirms the stock was among the day’s most active issues on the BSE. Traders should watch a break above INR 0.15 for short-term relief.
Meyka AI grade and ALSTONE.BO stock forecast
Meyka AI rates ALSTONE.BO with a score out of 100: 63.93 (Grade B) — 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 a monthly price of INR 0.14, versus the current INR 0.13, implying a short-term upside of 7.69%. Forecasts are model-based projections and not guarantees.
Risks and catalysts for ALSTONE.BO stock
Key risks include a high debt burden, negative working capital, and thin operational scale with 20 employees. Days payable and other turnover metrics are distorted and signal operational stress. Potential catalysts are any positive trading updates, small-step earnings beats, or reduction in liabilities. Given the stock’s low price, liquidity spikes will remain the main near-term volatility driver.
Final Thoughts
ALSTONE.BO stock finished after-hours at INR 0.13 on 24 Mar 2026, trading well below its 200-day average of INR 0.41 and close to its year low of INR 0.13. The session’s 124,253,219 shares show this name is attracting speculative and high-frequency flows, making it one of the BSE’s most active small caps today. Fundamentals show mixed signals: low PE of 14.00 and a price-to-book of 0.13 contrast with a current ratio of 0.27 and debt-to-equity of 2.16, which raise balance-sheet concerns. Meyka AI’s model projects INR 0.14 next month, an implied 7.69% upside from the current level; however, forecasts are model-based projections and not guarantees. For traders focused on short-term moves, watch volume patterns and a confirmed break above INR 0.15. For longer-term investors, improved liquidity and balance-sheet repair would be required before upgrading stance. Meyka AI provides this as AI-powered market analysis and it should not be taken as investment advice.
FAQs
What is the current price of ALSTONE.BO stock?
ALSTONE.BO stock is trading at INR 0.13 after hours on 24 Mar 2026, down 7.14% from the previous close of INR 0.14 with volume of 124,253,219 shares.
What is Meyka AI’s rating for ALSTONE.BO stock?
Meyka AI rates ALSTONE.BO with a score out of 100: 63.93 (Grade B) — HOLD. The grade includes benchmark, sector, growth, key metrics, and analyst consensus factors.
What is the short-term forecast for ALSTONE.BO stock?
Meyka AI’s forecast model projects INR 0.14 for the next month for ALSTONE.BO stock, implying an approximate 7.69% upside from INR 0.13. Forecasts are model-based projections and not guarantees.
What are the main risks for ALSTONE.BO stock?
Major risks include a weak current ratio (0.27), high debt-to-equity (2.16), negative working capital, and thin operational scale. These factors increase downside risk for ALSTONE.BO stock.
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.
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