A sudden intraday volume spike put the focus on KANELIND.BO stock on 13 Jan 2026. The BSE-listed Kanel Industries Limited traded at INR 2.25 with volume 43,216 shares and a relative volume of 540.20, well above the average of 80. This intraday signal shows short-term trader interest while fundamentals remain weak. We examine why volume jumped, what the numbers say, and the near-term trading setup for KANELIND.BO stock on the India BSE.

Intraday volume snapshot for KANELIND.BO stock

KANELIND.BO stock opened and traded at INR 2.25 on 13 Jan 2026. Volume reached 43,216 versus an average of 80, producing a rel vol 540.20 spike. Traders note the day range stayed at INR 2.25 to INR 2.25, reflecting concentrated executions at the same price level.

Fundamental picture and valuation context

Kanel Industries Limited shows EPS -2.08 and a negative PE. Book value per share is INR 10.01, giving a P/B 0.22. Market cap reads INR 2,899,958.00 and shares outstanding are 1,288,870. These metrics point to deep value on balance-sheet terms but weak profitability.

Technical and short-term price targets

Price momentum on volume spikes often triggers quick tests of nearby levels. Intraday action keeps the immediate target tight. We set a conservative short-term price target of INR 2.80 and a near-term resistance at INR 3.50, with support at the year low INR 1.14.

Meyka AI rates KANELIND.BO with a score out of 100

Meyka AI rates KANELIND.BO with a score out of 100: 58.90 giving a C+ grade and a HOLD suggestion. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. These grades are informational only and not financial advice.

Meyka AI’s forecast model projects short-term price for KANELIND.BO stock

Meyka AI’s forecast model projects a yearly price of INR 2.28 versus the current INR 2.25. That implies an upside of 1.15% from present levels. Forecasts are model-based projections and not guarantees.

Risks, catalysts and sector context

Risks include persistent negative earnings and a low current ratio 0.35. Catalysts may come from export demand for castor oil or corporate updates. The stock sits in the Basic Materials sector, which shows average P/B near 2.71, so Kanel trades at a price-to-book discount versus peers.

Final Thoughts

Key takeaways for KANELIND.BO stock on 13 Jan 2026: volume surged to 43,216 shares and relative volume hit 540.20, marking a clear intraday trade signal. Fundamentals show EPS -2.08, P/B 0.22, and a market cap of INR 2,899,958.00, underlining weak profitability but tangible book value. Meyka AI’s model projects INR 2.28, implying 1.15% upside from INR 2.25. Our short-term technical price target sits at INR 2.80, while a conservative stop sits below INR 1.50 for traders. Use tight risk controls and confirm any breakout with follow-through volume. For further company details visit the firm site Kanel Industries and our Meyka stock page for live updates: Meyka KANELIND.BO.

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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.