PAVNAIND.BO falls 12.92% on 23 Jan 2026 BSE close: Support at INR 16.50
Pavna Industries Limited (PAVNAIND.BO) dropped 12.92% to INR 16.52 at the BSE close on 23 Jan 2026, making it one of the day’s top losers. The sell-off pushed the share to its intraday low of INR 16.50, near the 52-week low. Traders cited thin volumes of 26,664 and weak technicals. In this report we break down why the PAVNAIND.BO stock moved sharply lower, review key ratios, and outline near-term price scenarios for investors and traders.
Intraday price action and drivers for PAVNAIND.BO stock
Pavna Industries (PAVNAIND.BO) opened at INR 18.21 and closed at INR 16.52, down INR 2.45 or 12.92% on 23 Jan 2026. Volume at 26,664 shares was above average at 17,268, giving a relative volume of 1.54. The day low matched the 52-week low of INR 16.50, which suggests selling pressure found a technical floor.
No fresh corporate announcement accompanied the drop; available market data shows the stock underperformed the broader Consumer Cyclical sector. Short-term traders pointed to a breakdown below the 50-day average of INR 26.87 as a trigger for stop-losses.
Key fundamentals and ratios for PAVNAIND.BO stock
Pavna Industries reports EPS -4.08 and a negative PE on the quote at -4.05, reflecting recent losses. Market capitalisation stands at INR 229.76 million, with 13,908,221 shares outstanding. Book value per share is INR 15.19 and price-to-book is 1.16, signalling limited premium to net worth.
Leverage is moderate with debt-to-equity near 0.39 and current ratio 1.79, but cash per share is low at INR 0.10. Profitability metrics are weak: ROE is 0.89% and net margin is near 0.56% on trailing data, underlining thin earnings power.
Technical picture and trading signals for PAVNAIND.BO stock
Technically the stock is close to oversold territory with RSI 31.38 and a negative MACD (MACD -1.91, signal -2.08). Short-term support sits at INR 16.50 (day low and 52-week low); immediate resistance is the day high INR 19.72, then the 50-day average INR 26.87.
Momentum indicators show negative pressure: ROC is -12.11% and the Awesome Oscillator is -3.74. Traders should watch volume spikes above 27,000 as a sign of real directional conviction.
Meyka AI grade and model forecast for PAVNAIND.BO stock
Meyka AI rates PAVNAIND.BO with a score out of 100: 57.10 (Grade C+, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects a monthly price of INR 19.27 (implied upside 16.65% vs current INR 16.52), a quarterly level of INR 9.39 (implied downside -43.18%), and a yearly projection of INR 10.99 (implied downside -33.48%). Forecasts are model-based projections and not guarantees.
Sector comparison, risks and catalysts for PAVNAIND.BO stock
Pavna sits in the Auto – Parts sub-industry inside Consumer Cyclical, a sector with average PE near 34.84 and stronger ROCE than Pavna. Relative underperformance versus peers highlights execution and demand risks. Key risks include slow aftermarket demand, raw material swings, and stretched inventory days (227.31 days).
Potential catalysts would be a quarterly earnings beat, stronger cash flow disclosure, or visible order wins in EV or two‑wheeler segments. Monitor sector flows; if auto parts names stabilise, Pavna could see relief.
Trading outlook and price targets for PAVNAIND.BO stock
Near-term trading plan: support at INR 16.50 must hold to limit further losses. A confirmed rebound above INR 19.72 would target INR 26.00 as a first resistance zone, with a stretch target near the 50-day average of INR 26.87. Downside scenario: breach of INR 16.50 opens a path toward the quarterly forecast zone near INR 9.39.
Given current fundamentals and technicals, an analyst-style price target framework is: conservative target INR 19.27 (30 days), base case INR 11.00 (12 months), and downside risk INR 9.00 if earnings weaken.
Final Thoughts
PAVNAIND.BO stock closed the BSE session on 23 Jan 2026 at INR 16.52, down 12.92%, with volume above average and a test of the 52-week low at INR 16.50. Fundamentals show low cash per share and weak profitability, though book value near INR 15.19 offers some balance-sheet support. Technicals are bearish but near oversold levels, so short-term relief rallies are possible if the stock reclaims INR 19.72. Meyka AI’s model projects INR 19.27 over the next month (implied upside 16.65%) but also highlights significant downside to the quarterly and yearly projections of INR 9.39 and INR 10.99 respectively. Investors should weigh balance-sheet stability, inventory cycles, and sector momentum before adding exposure. For traders, a clear stop under INR 16.50 and a staged risk plan are prudent. This analysis uses Meyka AI as an AI-powered market analysis platform; forecasts and grades are model outputs and not guarantees.
FAQs
Why did PAVNAIND.BO stock drop sharply on 23 Jan 2026?
The drop reflected a mix of technical selling below the 50-day average, thin trading volume with a relative volume of 1.54, and weak fundamentals (negative EPS -4.08). There was no major corporate news reported on the day.
What are immediate support and resistance levels for PAVNAIND.BO stock?
Immediate support is INR 16.50 (intraday and 52-week low). Near-term resistance is INR 19.72 (day high), followed by the 50-day average at INR 26.87.
How does Meyka AI rate PAVNAIND.BO stock and what does the forecast show?
Meyka AI rates PAVNAIND.BO 57.10 / Grade C+ (HOLD). The model projects INR 19.27 monthly (up 16.65%), INR 9.39 quarterly (down 43.18%) and INR 10.99 yearly. Forecasts are model-based and not guarantees.
Should long-term investors buy PAVNAIND.BO stock now?
Long-term investors should consider Pavna’s weak profitability, low cash per share, and inventory cycle before buying. If you seek value with balance-sheet comfort, wait for clear signs of earnings recovery or materially higher order visibility.
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.
