INFOBEAN.NS up 20% intraday 29 Jan 2026: heavy volume points to resistance
INFOBEAN.NS stock surged 19.99% intraday to INR 887.45 on 29 Jan 2026 as volume spiked to 1,456,589 shares on the NSE. The jump followed a sharp open at INR 744.70 and pushed the stock to its session high of INR 887.45, trading well above its 50-day average of INR 741.05. Market participants flagged strong buying in the Technology sector and short-covering into the spike. We examine valuation, technicals, Meyka AI grading, and near-term price targets to show what traders should watch next.
Intraday price action and drivers for INFOBEAN.NS stock
INFOBEAN.NS stock opened at INR 744.70 and ran to a day high of INR 887.45, a +19.99% move on volume of 1,456,589.00 versus average volume 307,225.00. One clear driver was heavier-than-normal buying across small-cap technology names, which lifted InfoBeans above the 50-day and 200-day moving averages.
Traders should note the day low INR 744.70 and immediate resistance near INR 929.52 (upper Bollinger Band). For live quotes see the company site and exchange InfoBeans website and NSE quote.
Key fundamentals and valuation
InfoBeans Technologies Limited (INFOBEAN.NS) lists on the NSE with market cap INR 21,511,663,757.00, EPS 31.14, and PE 28.50. The company reports strong return on equity at 22.49% and a clean balance sheet with debt to equity 0.07, supporting operational stability.
Valuation ratios show a price-to-book 5.84 and price-to-sales 4.53, putting InfoBeans near the Technology sector’s higher valuation band. Investors should weigh growth prospects against the premium multiples.
Technical setup, momentum and volume
The technical picture shows momentum: RSI 72.75 (overbought), MACD histogram 11.03, and ADX 50.01 indicating a strong uptrend. Volume indicators are confirming the move with on-balance volume at 6,469,049.00 and MFI 75.40.
Short-term support sits near the session low INR 744.70 and the 50-day average INR 741.05. Watch for a pullback to these levels as a test of trend strength.
Meyka AI rates INFOBEAN.NS with a score out of 100
Meyka AI rates INFOBEAN.NS with a score out of 100: 69.17 | Grade: B | Suggestion: 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.
Analyst signals are mixed: company fundamentals are solid, but valuation is rich versus sector averages. Traders should combine technicals with fundamentals for position sizing.
Price targets, forecast and risk management
Meyka AI’s forecast model projects a monthly level of INR 752.31, quarterly INR 455.15, and yearly INR 567.25, compared with the current price INR 887.45. Based on the yearly forecast, the implied move is -36.08%, and the monthly projection implies -15.23% downside.
Short-term price targets: immediate resistance INR 929.52, next target near 52-week high INR 1,030.00. Key supports: INR 744.70 and the 200-day average INR 543.05. Use stop-loss near intraday support and size positions to risk tolerance.
Sector context and upcoming catalysts
InfoBeans operates in the Technology sector (Software – Application) where average PE is 43.14 and sector momentum is mixed. InfoBeans’ ROE 22.49% and clean leverage compare favorably versus peers, but the stock trades at a premium to sector averages.
Upcoming catalysts include quarterly earnings due 30 Apr 2026 and deal announcements in digital transformation and automation services. Monitor sector flows and earnings updates for next directional cues.
Final Thoughts
INFOBEAN.NS stock led intraday gains on 29 Jan 2026, rising 19.99% to INR 887.45 on heavy volume that signaled short-covering and fresh buyer interest. Fundamentals show EPS 31.14, PE 28.50, market cap INR 21,511,663,757.00, and robust liquidity with a 50-day average INR 741.05. Meyka AI’s forecast model projects a yearly level of INR 567.25, implying -36.08% from the current price; monthly projection INR 752.31 implies -15.23% downside. These model outputs are not guarantees and should be used with other analysis. For traders, the near-term trade is momentum-driven: watch resistance INR 929.52 and protect positions at intraday support INR 744.70. Long-term investors should weigh the company’s strong ROE and low leverage against premium valuation and model-based downside. Meyka AI, our AI-powered market analysis platform, suggests a measured HOLD stance and advises monitoring earnings and sector flows before adding new positions.
FAQs
Is INFOBEAN.NS stock a buy after the 20% intraday jump?
INFOBEAN.NS stock shows momentum but also stretched technicals. Meyka AI grades it B (HOLD). Consider waiting for a pullback to INR 744.70 or confirmation above INR 929.52 before adding exposure.
What are the main valuation metrics for InfoBeans?
InfoBeans trades at PE 28.50 with EPS 31.14, price-to-book 5.84, and price-to-sales 4.53. The company has low debt to equity 0.07 and ROE 22.49%, indicating profitability but a valuation premium.
What technical levels should traders watch today?
Watch intraday support INR 744.70, 50-day average INR 741.05, and resistance at the upper Bollinger Band INR 929.52. RSI 72.75 signals overbought conditions; manage stops carefully.
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.
