Gokak Textiles (BOM:532957) 9-Day RSI: 42.62 (As of Aug. 17, 2026)

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BOM:532957 Gokak Textiles Ltd BOM:532957
50 GF Score
Price ₹59.31
GF Value ₹72.04
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gokak Textiles 9-Day RSI?

Gokak Textiles BOM:532957 -2.45% 50 9-Day RSI is 42.62 as of Aug. 17, 2026. GuruFocus rates BOM:532957 with a GF Score™ of 50/100 and a GF Value™ of ₹72.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,161 Manufacturing - Apparel & Accessories companies, Gokak Textiles ranks better than 71.4% on this metric.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2026-08-17), Gokak Textiles's 9-Day RSI is 42.62.

The industry rank for Gokak Textiles's 9-Day RSI or its related term are showing as below:

BOM:532957's 9-Day RSI is ranked better than
71.4% of 1161 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 51.32 vs BOM:532957: 42.62

Gokak Textiles  (BOM:532957) 9-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Gokak Textiles 9-Day RSI Related Terms


Gokak Textiles 9-Day RSI Competitor Comparison

For the Textile Manufacturing subindustry, Gokak Textiles's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gokak Textiles 9-Day RSI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokak Textiles's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Gokak Textiles's 9-Day RSI falls into.


BOM:532957
50GF Score
Gokak Textiles Ltd BOM:532957
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
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Gokak Textiles  (BOM:532957) 9-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 42.62 mean?
Gokak Textiles (BOM:532957) has a 9-Day RSI of 42.62 as of Aug. 17, 2026. According to the industry distribution chart, Gokak Textiles ranks #332 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.6%.
Is Gokak Textiles' 9-Day RSI too high?
Gokak Textiles' current 9-Day RSI is 42.62. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 51.32. Gokak Textiles' value of 42.62 is 17% below this industry median. Based on the distribution chart, Gokak Textiles ranks #332 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Gokak Textiles has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gokak Textiles' 9-Day RSI compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gokak Textiles ranks #332 out of 1161 companies for 9-Day RSI. This puts Gokak Textiles in the upper half of its industry. The industry median 9-Day RSI is 51.32. Gokak Textiles' value of 42.62 is 17% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 51.32, based on 1,161 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gokak Textiles's current 9-Day RSI of 42.62 is 17% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 51.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gokak Textiles's current 9-Day RSI is 42.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokak Textiles stock overvalued right now?
Based on GuruFocus' analysis, Gokak Textiles (BOM:532957) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹72.04, compared to a current price of ₹59.31 — trading 17.7% below its estimated fair value. The current 9-Day RSI is 42.62 and 17% below the Manufacturing - Apparel & Accessories industry median of 51.32. Gokak Textiles' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Gokak Textiles (BOM:532957), the current 9-Day RSI is 42.62 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gokak Textiles (BOM:532957) Overvalued in 2026?

Based on GuruFocus' analysis, Gokak Textiles stock appears to be undervalued. The current stock price of ₹59.31 is trading 17.7% below its estimated GF Value™ of ₹72.04. GuruFocus considers Gokak Textiles to be Modestly Undervalued.

Key valuation signals for BOM:532957:

  • 9-Day RSI: 42.62
  • GF Value™: ₹72.04 vs. price of ₹59.31 (17.7% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 17% below the Manufacturing - Apparel & Accessories median (#332 of 1161)

No single metric tells the full story. See the BOM:532957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gokak Textiles Business Description

Address No. 1, 12th Cross, 2nd Floor, Ideal Homes, Near Jayanna Circle, Rajarasjeshwari Nagar, Bengaluru, KA, IND, 560098
Gokak Textiles Ltd is a holding company. It is engaged in the business of textiles, manufacturing cotton yarn, blended yarn, industrial fabrics, terry towels, t-shirts, polos, undergarments, and sweaters, among others. It is also engaged in the generation, transmission, distribution, and trading of hydropower and other renewal and non-renewal sources of energy. The company's product categories include dyed yarns, canvas, yarns, and made-ups. Its yarn products include knitting, weaving, towels, sweaters, home furnishing, and industrial and customized yarns. Its canvas products category includes tents, tarpaulins, animal covers, and agriculture covers. The made-up category includes towels and knitted garments. The company operates in two reportable segments, which are Textile and Power.
50GF Score

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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹59.31
Price
₹72.04
GF Value