Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
IN Stocks

Pre-market Most Active: RGL.NS Renaissance Global (NSE) INR 145.80, heavy volume

February 28, 2026
4 min read
Share with:

RGL.NS stock shows heavy pre-market interest on 28 Feb 2026. The share traded at INR 145.80 with an opening price of INR 131.07 and a day range between INR 129.12 and INR 147.90. Volume is unusually high at 83,583,911.00 shares versus an average volume of 2,245,971.00, giving a relative volume near 18.90. This volume surge makes Renaissance Global Limited one of the most active NSE names in today’s pre-market session, drawing attention from traders and short-term funds.

Pre-market price action for RGL.NS stock

RGL.NS stock opened softer at INR 131.07 and printed a previous close of INR 145.80, showing quick intra-day swings. The current pre-market pivot is the year high at INR 147.90, which acts as immediate resistance for early buyers.

Sponsored

Volume and liquidity snapshot for RGL.NS stock

Trading volume is the clear driver: 83,583,911.00 shares traded pre-market compared with an average of 2,245,971.00, a sign of concentrated order flow. The high relative volume of 18.90 suggests institutional or block activity rather than ordinary retail interest.

Fundamentals and valuation for RGL.NS stock

Renaissance Global Limited shows EPS INR 8.87 and a reported PE of 13.36, below the Consumer Cyclical sector average PE of 34.31. The company carries a book value per share of INR 137.73 and a price-to-book of 0.88, indicating value-style valuation compared with peers in Luxury Goods.

Technicals and Meyka grade for RGL.NS stock

Short-term indicators are mixed: RSI 49.76 and MACD 1.63 with a positive histogram. CurrentRatio 2.49 and debt-to-equity 0.49 support balance-sheet resilience. Meyka AI rates RGL.NS with a score out of 100: 63.03 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparison, financial growth, key metrics, analyst consensus, and forecasts. Grades are informational and not financial advice.

Catalysts, risks and sector context for RGL.NS stock

Catalysts include holiday-season demand, retail expansion for IRASVA stores, and branded licensing such as Enchanted Disney Fine Jewelry. Risks include slow inventory turnover (1.83), long cash conversion cycle (274.23 days), and volatile consumer discretionary spending. Consumer Cyclical sector headroom is mixed, with sector PE at 34.31 versus RGL.NS at 13.36.

Trading strategy and short-term outlook for RGL.NS stock

Given the volume spike, short-term traders should watch INR 147.90 as resistance and INR 129.12 as support. Momentum indicators show limited follow-through, so scalps with tight stops or options plays target smaller moves. Institutional activity could set the trend for the NSE open.

Final Thoughts

Key takeaways for RGL.NS stock on 28 Feb 2026: price sits at INR 145.80 with exceptional pre-market volume 83,583,911.00, marking it among the most active NSE names. Fundamentals show value traits: PE 13.36, PB 0.88, EPS 8.87, and a solid current ratio 2.49. Technicals are neutral with RSI 49.76 and MACD leaning positive. Meyka AI’s forecast model projects a yearly target of INR 134.40, implying a downside of -7.82% from INR 145.80; forecasts are model-based projections and not guarantees. Traders should weigh heavy volume and potential institutional flow against inventory-cycle risks and discretionary demand swings in the Luxury Goods segment. Meyka AI, an AI-powered market analysis platform, flags RGL.NS as active but suggests cautious position sizing and defined stops for trade entries.

FAQs

What is driving RGL.NS stock volume today?

Pre-market shows 83,583,911.00 shares traded, a relative volume near 18.90, suggesting block trades or institutional flows rather than steady retail buying pressure.

How cheap or expensive is RGL.NS stock now?

RGL.NS stock trades at PE 13.36 and PB 0.88, below the Consumer Cyclical sector PE of 34.31, indicating relative value versus peers in Luxury Goods.

What is Meyka AI’s view on RGL.NS stock?

Meyka AI rates RGL.NS 63.03 out of 100 (Grade B, HOLD). The grade blends benchmark comparison, sector performance, growth, metrics, and analyst signals. This is informational, not investment advice.

What price levels should traders watch for RGL.NS stock?

Key pre-market levels are INR 147.90 (resistance) and INR 129.12 (support). Use tight stops on scalps given volatile early liquidity and inventory-cycle risk.

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.
Meyka Newsletter
Get analyst ratings, AI forecasts, and market updates in your inbox every morning.
12% average open rate and growing
Trusted by 4,200+ active investors
Free forever. No spam. Unsubscribe anytime.

What brings you to Meyka?

Pick what interests you most and we will get you started.

I'm here to read news

Find more articles like this one

I'm here to research stocks

Ask our AI about any stock

I'm here to track my Portfolio

Get daily updates and alerts (coming March 2026)