Pre-market volume spike: SRIND.BO S.R. Industries Ltd BSE 760,141 on 24 Feb 2026
A large pre-market volume spike hit SRIND.BO stock on 24 Feb 2026, with 760,141 shares traded versus an average of 1,275. This activity arrives at a current BSE price of INR 3.12 and a day range of INR 2.84–3.12. The volume surge, with a relative volume of 596.19, suggests active repositioning by traders ahead of news or technical triggers. We review fundamentals, key ratios, Meyka AI grading and a model forecast to frame short-term trading and medium-term outlook for S.R. Industries Limited on the India BSE company site and official exchange data source.
Pre-market volume spike and price action for SRIND.BO stock
Volume is the defining signal this pre-market session: 760,141 shares versus an average volume of 1,275, creating a relVolume of 596.19. The price opened and traded at INR 3.12, with the session high at INR 3.12 and low at INR 2.84. This concentrated liquidity suggests either block trades or retail interest clustered around the low-single-digit price point.
Fundamentals snapshot for SRIND.BO stock
S.R. Industries Limited reports EPS of -1.14 and a trailing PE of -2.74, reflecting recent losses. The company shows a price-to-book of 0.53, book value per share INR 5.93, and a strong current ratio of 8.70, indicating short-term balance-sheet liquidity. Debt-to-equity stands at 0.18, and cash per share is INR 0.37, which frames a defensive solvency profile despite negative profitability.
Technical context and trading metrics for SRIND.BO stock
SRIND.BO stock trades well below moving averages: 50-day average INR 43.52 and 200-day average INR 28.29, while the 52-week high is INR 50.08 and low INR 2.84. Average inventory and turnover metrics are weak; inventory turnover is 0.01, signaling slow sales relative to stock levels. Market cap is INR 61,381,320.00 with 19,673,500 shares outstanding, which keeps the free-float and liquidity profile constrained outside the current spike.
Meyka AI rates and forecast for SRIND.BO stock
Meyka AI rates SRIND.BO with a score out of 100: 57.31 (Grade C+) — Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, forecasts and analyst consensus. Meyka AI’s forecast model projects INR 11.94 over the model horizon, versus the current price INR 3.12, implying an upside of 282.82%. Forecasts are model-based projections and not guarantees.
Valuation, risks and opportunities for SRIND.BO stock
Valuation looks mixed: cheap on a price-to-book basis (0.53), but earnings and cash flow are negative, producing a trailing PE of -2.74. Key risks include prolonged low demand, slow inventory turnover and negative operating margins of -12.15%. Opportunities: tight shares outstanding and episodic volume spikes can create rapid moves if operational recovery or a corporate update appears.
Short-term setup and pre-market trading strategy for SRIND.BO stock
For volume-spike traders, monitor near-term resistance at INR 4.50 and immediate support at INR 2.84; use tight risk management given elevated volatility. Watch post-open volume retention and order-book depth on BSE before scaling positions. Refer to the Meyka stock page for live updates and alerts on SRIND.BO stock at Meyka stock page.
Final Thoughts
The defining pre-market fact for SRIND.BO stock is the sharp volume spike to 760,141 shares at INR 3.12 on 24 Feb 2026, a move that dramatically exceeded the average volume of 1,275. Fundamentals show weak profitability (EPS -1.14, PE -2.74) but a conservative balance sheet (current ratio 8.70, debt/equity 0.18). Meyka AI’s forecast model projects INR 11.94, implying an upside of 282.82% from the current price of INR 3.12, while Meyka AI rates SRIND.BO with a 57.31 score (C+) and a HOLD suggestion. Traders should treat the spike as an information event: confirm follow-through on BSE volume and news flow before adding exposure. Short-term traders may consider small, disciplined positions with stop-losses under INR 2.84, while longer-term investors should wait for repeatable earnings improvement and inventory efficiency. Forecasts are model-based projections and not guarantees; conduct your own research and monitor official filings and exchange disclosures.
FAQs
Why did SRIND.BO stock spike in pre-market volume today?
The pre-market spike to 760,141 shares likely reflects concentrated orders or speculative repositioning. SRIND.BO stock has low average volume (1,275), so any block trade or retail interest can create outsized volume and price moves on BSE.
What are the key financial risks for SRIND.BO stock?
Major risks include negative EPS (-1.14), operating margin weakness (-12.15%), and very low inventory turnover (0.01). These factors can pressure SRIND.BO stock until revenue and margins recover.
How should traders treat the Meyka AI forecast for SRIND.BO stock?
Meyka AI’s forecast model projects INR 11.94 for SRIND.BO stock versus current INR 3.12. Use this as a scenario, not a certainty. Combine model output with live volume, news, and fundamentals before acting.
What are realistic near-term price targets for SRIND.BO stock?
Near-term resistance appears around INR 4.50 and support at INR 2.84. The model-based medium-term target is INR 11.94, but validate with earnings and continued volume before assuming sustained upside.
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.