OMAXAUTO.BO stock jumps 27.08% intraday on BSE 28 Jan 2026: outlook and volume spike
OMAXAUTO.BO stock surged 27.08% to INR 116.85 intraday on the BSE on 28 Jan 2026. The move arrived on a heavy volume of 73,142.00 shares versus an average of 7,970.00, suggesting active buying. Traders cited the recent earnings release dated 22 Jan 2026 and stronger-than-expected margins as catalysts. We track valuation, technicals, and Meyka AI model signals to explain the gain and what traders should watch next.
Intraday price action: OMAXAUTO.BO stock performance
OMAXAUTO.BO stock opened at INR 116.85 and hit a day high of INR 116.85 with a day low of INR 112.05. The stock gained INR 24.90 from the prior close of INR 91.95 on the BSE. The jump of 27.08% is large relative to the 50-day average price of INR 95.50, indicating a short-term momentum shift.
Fundamentals and valuation: OMAXAUTO.BO stock metrics
Omax Autos Limited (OMAXAUTO.BO) shows EPS 5.06 and a trailing PE of 19.25. Price-to-book stands at 0.64 and price-to-sales at 0.53. Market capitalisation is about INR 2,083,210,680.00 with 21,388,200.00 shares outstanding. The company pays a dividend per share of 2.50 giving a dividend yield near 2.57%. These metrics place the stock near value territory inside the Consumer Cyclical Auto – Parts industry.
Technical indicators: OMAXAUTO.BO stock chart cues
Momentum indicators show RSI 43.22, MACD histogram negative at -0.50, and ADX 28.52 indicating a developing trend. Key support and resistance align at the 200-day average INR 108.51 and the 52-week high INR 165.28. Short-term traders may watch Bollinger middle at INR 101.23 and ATR 4.78 to size risk.
Meyka grade and forecast: OMAXAUTO.BO stock outlook
Meyka AI rates OMAXAUTO.BO with a score out of 100: 64.03/100 | Grade B | Suggestion: HOLD. This grade factors S&P 500 and sector comparison, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a yearly price of INR 133.96, implying an upside of 14.65% from the current price INR 116.85. These forecasts are model-based projections and not guarantees.
Catalysts and risks: OMAXAUTO.BO stock drivers
Near-term catalysts include the 22 Jan 2026 earnings report and stronger commercial vehicle demand. Export orders and railways contracts offer upside. Risks are thin liquidity, interest coverage below 1.0 at 0.77, and cyclicality in the auto parts sector. Sector trends show Consumer Cyclical underperformance year-to-date, which can increase volatility for OMAXAUTO.BO stock.
Trading strategy and price targets: OMAXAUTO.BO stock strategy
Short-term target: INR 133.96 (Meyka AI yearly forecast). Conservative stop-loss near intraday support at INR 112.05. Longer-term target: INR 170.24 (3-year model). Volume confirmation and a close above INR 116.85 increase odds of a follow-through. Maintain position sizes small given average volume of 7,970.00.
Final Thoughts
OMAXAUTO.BO stock’s intraday jump to INR 116.85 and 27.08% gain on 28 Jan 2026 reflects fresh buying after the late-January earnings update. Fundamentals show EPS 5.06, PE 19.25, and a low PB of 0.64, offering a mixed value-growth picture. Meyka AI’s forecast model projects a yearly price of INR 133.96, an implied upside of 14.65% from the current level. Traders should balance the upside against thin liquidity, compressed interest coverage, and sector cyclicality. For active traders, a tight stop-loss and volume confirmation are key. Long-term investors may watch the 3-year model of INR 170.24 and company execution on margin expansion. These views combine technical signals, valuation, and Meyka AI powered market analysis to frame risk and reward. Forecasts are model-based projections and not guarantees.
FAQs
Why did OMAXAUTO.BO stock jump today?
OMAXAUTO.BO stock rose on 28 Jan 2026 after the Jan earnings update and a spike in trading volume of 73,142.00 shares. Better margin metrics and renewed buying in auto parts names supported the move.
What is the Meyka AI forecast for OMAXAUTO.BO stock?
Meyka AI’s forecast model projects a yearly price of INR 133.96 for OMAXAUTO.BO stock, implying about 14.65% upside from INR 116.85. Forecasts are model-based and not guarantees.
What valuation metrics matter for OMAXAUTO.BO stock?
Key metrics are EPS 5.06, PE 19.25, PB 0.64, and dividend yield about 2.57%. Also monitor interest coverage 0.77 and cash per share 51.41, which affect financial resilience.
How should traders set targets for OMAXAUTO.BO stock?
Short-term target aligns with the yearly forecast at INR 133.96 and a conservative stop near the intraday low INR 112.05. Adjust position sizing for low average volume 7,970.00.
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.