RAJRAYON.NS Raj Rayon volume 831,016 on 28 Jan 2026: watch INR 42.00 target
A sharp intraday volume spike put RAJRAYON.NS stock in focus on 28 Jan 2026 after 831,016 shares traded on the NSE in India. We saw price trade at INR 35.00 with a rel. volume of 24,441.65x versus an average of 34 shares. The surge signals active participation and short-term re-rating potential for Raj Rayon Industries Limited (RAJRAYON.NS). In this intraday volume-spike report, we link the unusual flow to key ratios, short-term targets, and what traders should watch next.
Intraday volume spike: RAJRAYON.NS stock action and context
Today’s intraday spike put RAJRAYON.NS stock under the scanner with 831,016 shares versus an avgVolume of 34 on the NSE. This generated a relative volume of 24441.65, a clear outlier that typically precedes volatile price moves. We note the session opened at INR 0.40 and traded up to INR 35.00, showing a wide intraday range that demands caution.
RAJRAYON.NS stock: what the numbers show
Fundamentals show extreme distortions. The last trade sits at INR 35.00, EPS is 1869.65, and reported PE reads 0.02 reflecting accounting or share-count anomalies rather than clean valuation. Price averages are 50‑day INR 32.31 and 200‑day INR 32.95, suggesting the current price is near short and medium trend lines. Enterprise value reads INR 7,093,286,000.00, and cash per share is INR 10.60.
Meyka AI rates and RAJRAYON.NS stock technical view
Meyka AI rates RAJRAYON.NS with a score out of 100: 57.06 | Grade: C+ | Suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. On technicals the volume spike lifts short-term momentum but price structure and thin liquidity history create execution risk for large orders.
RAJRAYON.NS stock valuation, ratios and risks
Key ratios highlight risk. Current ratio shows 0.03, book value per share is -1747.74, and debt metrics include an interest debt per share of 2047.29. These data points imply balance-sheet stress and unusual accounting figures. Investors should weigh the high enterprise value against low operating cash-flow metrics and thin public float before positioning.
Trading strategy: RAJRAYON.NS stock targets and alerts
For intraday traders we recommend size discipline and clear stop-losses. A near-term resistance sits at INR 42.00 and a failure below INR 30.00 would invite further selling pressure. Use tape and order-book checks on NSE and avoid scaling up into unexplained volume spikes. For reference see the company site and exchange quote pages: Raj Rayon site and NSE quote.
RAJRAYON.NS stock outlook and sector view
Raj Rayon is part of the Consumer Cyclical sector, which has underperformed YTD. Sector trends show multiple cyclical names with weaker volume and price action. Given Raj Rayon’s small public liquidity history, any macro swing in apparel or polyester markets could amplify moves. We maintain watchful stance and recommend confirming sustained volume before a medium-term allocation.
Final Thoughts
Meyka AI’s forecast model projects a short-term target of INR 42.00 and a 12-month base case near INR 28.00, versus the current price of INR 35.00. That implies an estimated upside of 20.00% to the near-term target and a downside of 20.00% to the 12‑month base case. The intraday 831,016-share spike and 24441.65x relative volume highlight momentum but also raise execution and disclosure risks for Raj Rayon Industries Limited (RAJRAYON.NS) on the NSE, India. Our Meyka AI grade (C+, 57.06) reflects this mixed picture: active flows but weak underlying metrics. Traders should use tight stops, verify block trades on the tape, and confirm follow-through volume before adding exposure. Forecasts are model-based projections and not guarantees.
FAQs
Why did RAJRAYON.NS stock spike in volume today?
The spike to 831,016 shares on 28 Jan 2026 likely reflects a concentrated trade or renewed interest from short-term traders. Low historical average volume (34) magnifies any single block trade into an outsized volume print. Always verify order-book and exchange disclosures.
What are the key price levels to watch for RAJRAYON.NS stock?
Watch INR 42.00 as near-term resistance and INR 30.00 as the primary support on intraday charts. The Meyka AI short-term target is INR 42.00; failure below INR 30.00 raises downside risk.
How reliable is Meyka AI’s forecast for RAJRAYON.NS stock?
Meyka AI’s forecast model provides probabilistic targets based on price, volume and fundamentals. It projects INR 42.00 short term and INR 28.00 at 12 months. Forecasts are model-based projections and not guarantees; always cross-check with filings and exchange notices.
Should investors buy RAJRAYON.NS stock after the volume spike?
Given thin liquidity, distorted ratios and negative book value, we suggest caution. The Meyka AI grade is C+ (HOLD). If trading, use strict risk controls and confirm sustained, transparent volume before increasing position size.
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.
