ZGAEKWAR.BO Gaekwar Mills BSE closed INR 14.32 on 26 Feb 2026: watch oversold bounce
ZGAEKWAR.BO stock closed at INR 14.32 on 26 Feb 2026 on the BSE, marking a flat session but a technical setup that favors an oversold bounce. The stock trades close to its 50-day average of INR 14.23 and well above the 52-week low of INR 13.14, giving short-term traders a clear reference. Volume of 60 shares today pushed the relative volume to 60.00 versus an average of 1.00, suggesting renewed interest. We examine valuation, balance sheet quirks, the Meyka grade, and a conservative trade idea for an oversold bounce.
Technical snapshot: ZGAEKWAR.BO stock momentum and setup
Price is INR 14.32 and the 50-day average is INR 14.23, showing a near-term support zone. The 200-day average sits at INR 13.63, which aligns with the year low support at INR 13.14. Daily volume of 60 versus avg 1.00 gives a high relative volume reading of 60.00, a classic sign of an oversold bounce attempt. Momentum indicators are muted on reported data, so traders should use price action around the INR 13.50–14.50 range for entry confirmation.
Fundamentals: ZGAEKWAR.BO stock valuation and key metrics
Gaekwar Mills Ltd shows EPS 11.69 and a reported PE near 1.22, implying the market prices a large discount to earnings. Market capitalization is INR 28,640,000 with 2,000,000 shares outstanding. Balance-sheet metrics show very low cash per share (INR 0.05) and a negative book value per share, which indicates accounting and legacy asset distortions. Current ratio is high at 19.46, but enterprise value is large relative to market cap, so fundamentals require careful due diligence before allocation.
Meyka Grade & technical read for ZGAEKWAR.BO stock
Meyka AI rates ZGAEKWAR.BO with a score out of 100: 60.51 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technicals show a short-term oversold condition by price vs moving averages and a spike in relative volume, which supports a limited-risk bounce trade rather than a longer-term buy-and-hold recommendation.
Oversold bounce trade idea and execution for ZGAEKWAR.BO stock
A tactical oversold bounce trade can be considered between INR 13.60–14.00 with a tighter stop below INR 13.14 and initial profit target near INR 17.65 (Meyka 12-month model). Use position sizing that limits downside to 1.5%–2.5% of portfolio value because balance-sheet anomalies increase tail risk. Traders should confirm bounce with two conditions: rising intraday volume and a close above the 50-day average INR 14.23.
Sector context and risks for ZGAEKWAR.BO stock
Gaekwar Mills operates in the Real Estate – Development industry where sector averages show higher PB and PE ratios; the Real Estate sector average PB is roughly 2.59 and average performance has been soft YTD. Key risks include low free-cash-flow metrics, negative tangible book value, and concentrated management with limited employee base. Macro risks—interest-rate sensitivity and slower project cycles—also weigh on the outlook.
Price targets and ZGAEKWAR.BO stock forecast
Meyka AI’s forecast model projects a 12-month target of INR 17.66, a 3-year target of INR 19.99, and a 5-year target of INR 22.47. Against the current INR 14.32, the implied upside to the 12-month forecast is +23.30%, 3-year is +39.63%, and 5-year is +56.96%. These model-based targets are scenario-driven and assume recovery in sector sentiment and limited additional balance-sheet dilution.
Final Thoughts
ZGAEKWAR.BO stock closed the BSE session at INR 14.32 on 26 Feb 2026 with a low-volume flat day but a notable jump in relative volume versus the thin average. The technical picture shows a short-term oversold bounce opportunity around the INR 13.60–14.00 support zone, with the 50-day average at INR 14.23 acting as a key trigger for momentum confirmation. Fundamentals are mixed: headline EPS (11.69) and a low reported PE (1.22) contrast with negative book value per share and unusual enterprise-value metrics. Meyka AI’s forecast model projects INR 17.66 in 12 months, implying roughly +23.30% upside from today’s price; forecasts are model-based projections and not guarantees. For short-term traders focused on oversold bounces, a defined entry near support, a stop under INR 13.14, and a staged exit near INR 17.65 offer a disciplined path. Longer-term investors should prioritize balance-sheet clarification, management commentary, and any upcoming earnings or corporate actions before increasing exposure. For live quotes and deeper screening, see the company website and BSE quote, and check our Meyka AI page for real-time signals and updates.
FAQs
Is ZGAEKWAR.BO stock a buy after this oversold bounce setup?
ZGAEKWAR.BO stock presents a tactical oversold bounce opportunity, not a clear long-term buy. Consider short-term trades with tight stops near INR 13.14 and position size discipline while awaiting clearer balance-sheet improvements.
What is Meyka AI’s 12-month forecast for ZGAEKWAR.BO stock?
Meyka AI’s forecast model projects a 12-month target of INR 17.66 for ZGAEKWAR.BO stock, which implies approximately +23.30% upside from the current INR 14.32. Forecasts are model-based projections and not guarantees.
What are the main risks to the ZGAEKWAR.BO stock outlook?
Key risks include negative book value per share, low cash per share, unusual enterprise-value metrics, and real estate sector sensitivity to rates. These raise dilution and execution risks for investors.
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.