INR 7.00 pre-market: LONGSPUR.BO stock shows oversold bounce with 20.00% upside
LONGSPUR.BO stock trades at INR 7.00 in pre-market on 24 Feb 2026, offering a potential oversold bounce setup. Price sits near the 50-day average of INR 7.72 and well above the 52-week low of INR 4.93. The stock shows low volume of 2,089.00 shares and a compressed range today, which can precede a short-term mean-reversion. We outline triggers, technical levels, and a pragmatic trading plan for an oversold bounce strategy on the BSE-listed Longspur International Ventures Limited
LONGSPUR.BO stock price snapshot and market facts
Longspur International Ventures Limited (LONGSPUR.BO) is quoted on the BSE, India. Current price is INR 7.00, previous close INR 6.97, day high/low INR 7.00/7.00, and volume 2,089.00. Year high is INR 10.70 and year low is INR 4.93. Market cap stands at INR 93,366,000.00 and shares outstanding are 13,650,000.00. The company operates in the Financial Services sector, capital markets industry, and is headquartered in Mumbai.
Why this is an oversold bounce candidate: LONGSPUR.BO stock technicals
Technicals show an extreme momentum read and a strong trend environment. Reported RSI is 0.00 and ADX is 92.86, indicating a strong directional move with oversold momentum extremes. Price sits under the 50-day moving average (INR 7.72) and near the 200-day INR 7.61, which fits a mean-reversion playbook. Short-term entrants should watch a break above INR 7.40 for confirmation and stop under INR 6.60 to limit risk.
LONGSPUR.BO stock fundamentals and valuation
Fundamentals give mixed signals for a bounce trade. Reported EPS is INR 0.64 and trailing PE is 10.69. Price-to-book ratio is low at 0.30, while price-to-sales is 1.99. Cash per share is INR 0.09, and debt-to-equity is minimal at 0.01, showing a conservative balance sheet. Working capital and cash conversion metrics are uneven, so factor fundamentals as a secondary input for short-term trades.
Meyka Grade and technical analysis for LONGSPUR.BO stock
Meyka AI rates LONGSPUR.BO with a score out of 100: 67.15 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technical indicators show MACD histogram at -0.04 and ATR 0.18, highlighting tight price action and low intraday volatility. ADX suggests trend strength, but the near-zero RSI flags oversold conditions that can prompt a short-term bounce. These grades are informational and not guaranteed; we are not financial advisors.
Catalysts, risks and sector context for LONGSPUR.BO stock
Catalysts for a rebound include any capital markets activity pickup, improved volume above 6,177.00 average, or corporate updates from the company. Sector-level improvement in Financial Services could lift the stock since peers trade at higher multiples. Key risks include low liquidity, stretched receivables metrics, and operational concentration in trading and investments. Expect higher volatility given the stock’s 3-month decline of 32.41% and thin average daily volume.
Trading plan and scenario targets for LONGSPUR.BO stock
For an oversold bounce, a tactical long can be considered on a confirmed move above INR 7.40 with 0.50x to 1.50x position sizing. Set a hard stop at INR 6.60 and a first profit target at INR 8.40 (20.00% upside). A secondary target at INR 10.50 corresponds to the prior resistance near the 52-week high. Manage risk for low liquidity, and prefer limit orders.
Final Thoughts
Key takeaways: LONGSPUR.BO stock trades at INR 7.00 in pre-market on 24 Feb 2026 and shows an oversold profile that can produce a short-term bounce. Fundamentals are mixed but valuation is cheap on a P/B of 0.30 and PE of 10.69, which supports a recovery case if liquidity returns. Meyka AI’s forecast model projects a base-case target of INR 8.40, implying 20.00% upside from INR 7.00. Bull and bear scenarios place targets at INR 10.50 (+50.00%) and INR 5.50 (-21.43%) respectively. Forecasts are model-based projections and not guarantees. For traders, use confirmation above INR 7.40, tight stops, and size positions to match liquidity constraints. Meyka AI provides this as an AI-powered market analysis platform insight for tactical setups, not investment advice.
FAQs
Is LONGSPUR.BO stock a buy right now?
LONGSPUR.BO stock presents a tactical oversold bounce setup at INR 7.00. Consider entry on a confirmed breakout above INR 7.40 with stop under INR 6.60. This is a short-term trade plan, not a long-term buy recommendation.
What price targets exist for LONGSPUR.BO stock?
Meyka AI projects a base target of INR 8.40 (20.00% upside). A bull target is INR 10.50 and a bear level is INR 5.50. These are model-based figures, not guarantees.
How does LONGSPUR.BO stock compare in the Financial Services sector?
LONGSPUR.BO stock trades at a low P/B (0.30) versus sector averages near 2.75, showing cheaper valuation. However, liquidity and receivables metrics lag sector peers, increasing risk for sector-relative trades.
What are the main risks for a LONGSPUR.BO stock trade?
Primary risks include low average volume (6,177.00), stretched receivables, and narrow intraday ranges. These can widen bid-ask spreads and hurt exits during downturns. Use tight stops and small sizes.
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.