NTCIND.BO Ntc Industries (BSE) up 19.99% intraday 29 Jan 2026: watch technical breakout
NTCIND.BO stock led intraday gains on 29 Jan 2026 after a sharp move to INR 188.80, up 19.99% from the previous close. Volume spiked to 32,896.00 shares versus an average of 18,690.00, signalling buyer interest in Ntc Industries Limited on the BSE in India. Traders cite a clean technical setup around the 50-day average INR 169.47 and improving momentum. Below we break down the drivers, valuation, technicals, Meyka AI grade and price forecasts to frame the short-term opportunity and risks.
NTCIND.BO stock intraday price action and drivers
NTCIND.BO stock opened at INR 160.50 and hit a day high of INR 188.80, closing the move with a +19.99% change. The uptick came with 32,896.00 shares traded, a relative volume of 1.76, suggesting above-average participation. Market participants point to sector stability in Consumer Defensive and short-term technical buying as the immediate driver.
One clear market signal is the stock trading above its 50-day average INR 169.47 and slightly above its 200-day average INR 184.86, which helped trigger momentum-based buying during the intraday session.
NTCIND.BO stock fundamentals snapshot and valuation
Ntc Industries Limited shows a reported EPS of 9.66 and a trailing PE of 19.54 on the latest quote. Book value per share stands at INR 191.21 and the price-to-book ratio is 0.99, which implies the market values the company close to its book.
Market cap is INR 2,741,187,200.00 with 14,519,000.00 shares outstanding. Key balance metrics: current ratio 2.84, debt-to-equity 0.34, and return on equity 9.13%. These figures show moderate leverage and durable margins for a tobacco-focused Consumer Defensive company in India.
NTCIND.BO stock technicals and momentum
Technical indicators point to constructive momentum. RSI is 55.28, MACD histogram is positive at 1.61, and ADX reads 23.38, indicating a developing trend. Bollinger Band middle sits at INR 162.04, with an upper band at INR 170.52; today’s high at INR 188.80 cleared those levels.
Momentum oscillators show short-term overbought pressure (CCI 141.95) but volume confirmation (rel volume 1.76) supports the breakout. Traders should watch intraday support near INR 160.50 and the next resistance near the 52-week high INR 235.70.
NTCIND.BO stock: Meyka AI grade and model forecast
Meyka AI rates NTCIND.BO with a score out of 100: 69.37 / 100 | 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.
Meyka AI’s forecast model projects a monthly target of INR 169.53 and a yearly target of INR 227.05. Versus the current price INR 188.80, the monthly projection implies -10.20% downside, while the yearly forecast implies +20.26% upside. Forecasts are model-based projections and not guarantees.
NTCIND.BO stock valuation, price targets and realistic scenarios
Valuation signals mix value and recovery. Price/Book near 0.99 suggests limited premium to book. A conservative near-term price target range is INR 160.00–INR 210.00 based on support at the open and breakout levels. For a base case, analysts may use a one-year price target of INR 227.05 per Meyka AI, implying ~20.26% upside from INR 188.80.
Upside scenarios rely on steady demand in the Tobacco industry, margin stability and continued technical follow-through. Downside risks include regulatory pressure, margin compression, and slower sales growth. Position sizing should reflect those risks.
NTCIND.BO stock risks, sector context and trading notes
NTCIND.BO operates in the Tobacco industry within Consumer Defensive. Sector YTD performance is weaker, but Tobacco stocks often show defensive traits. Key risks include tighter regulation, excise changes and slow receivables — days sales outstanding is elevated at 375.38 days, which is a material working capital flag.
On the trading front, intraday buyers should use stop levels near INR 160.50 and monitor volume continuity. Long-term investors should weigh the valuation (PE 19.54, PB 0.99) against regulatory and demand risks in India.
Final Thoughts
NTCIND.BO stock showed a sharp intraday move to INR 188.80 on 29 Jan 2026, up 19.99% on higher-than-average volume. The move cleared short-term resistance at the 50-day average (INR 169.47) and sits modestly above the 200-day average (INR 184.86), supporting a short-term trend view. Fundamentals remain mixed: EPS 9.66, PE 19.54, PB 0.99, and a solid current ratio 2.84 but long receivables at 375.38 days. Meyka AI rates the stock 69.37 / 100 (Grade B, HOLD) and Meyka AI’s forecast model projects INR 227.05 in one year, implying +20.26% upside from INR 188.80. Traders can treat today’s breakout as a trade setup, while investors should balance upside potential with regulatory and working-capital risks. Forecasts are model-based projections and not guarantees. For live updates, monitor intraday volume and sector moves before adjusting exposures. Meyka AI is the AI-powered market analysis platform providing these model projections and grades.
FAQs
What drove the intraday jump in NTCIND.BO stock today?
NTCIND.BO stock rose due to a technical breakout above the 50-day average, higher volume (32,896.00 shares) and short-term momentum. No single company news was reported; the move appears driven by buying interest and sector stability in Consumer Defensive.
What is Meyka AI’s forecast and how does it compare to the current NTCIND.BO stock price?
Meyka AI’s forecast model projects a one-year target of INR 227.05. Versus the current price INR 188.80, that implies about +20.26% upside. Forecasts are model-based projections and not guarantees.
Is NTCIND.BO stock overvalued on common metrics?
On a price/book basis NTCIND.BO stock trades near PB 0.99, suggesting fair value versus book. PE at 19.54 and ROE 9.13% show moderate earnings valuation. Consider regulatory risk and high receivables before concluding valuation.
What short-term levels should traders watch for NTCIND.BO stock?
Short-term support is near the session open at INR 160.50 and the 50-day average at INR 169.47. Immediate resistance to monitor is the 52-week high at INR 235.70. Use volume to confirm breakouts.
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.
