INR 630.00 VIRYA.BO Virya Resources BSE Jan 2026: Oversold bounce, watch INR 681.00
VIRYA.BO stock is trading at INR 630.00 on the BSE early intraday on 31 Jan 2026, showing a potential oversold bounce setup after recent weakness. Volume is light today but the 50-day average sits at INR 630.00, keeping price close to short-term support. We use a measured oversold bounce strategy that combines technical triggers and fundamental checks to set realistic price targets and stop levels. Meyka AI, an AI-powered market analysis platform, flags this as a short-term tactical trade rather than a core buy.
Price action and intraday setup for VIRYA.BO stock
The stock opened and is trading at INR 630.00 with day range locked at INR 630.00 to INR 630.00, indicating thin intraday liquidity. The year high is INR 681.00 and year low is INR 590.00, creating a defined bounce zone between INR 590.00 and INR 681.00. For an oversold bounce trade we watch a reclaim above INR 645.00 as a first confirmation and a move above INR 660.00 to target the year high. Internal link: Meyka stock page.
Technical signals and trade triggers for an oversold bounce
Current technical readings are muted due to a one-price snapshot, but the 50-day average equals INR 630.00, which serves as immediate resistance or support. A short-term long entry can be considered on a 1-minute to 15-minute close above INR 645.00 with stops at INR 615.00 to limit downside. Target levels: conservative INR 681.00, stretch INR 750.00; risk scenario below INR 590.00 invalidates the bounce. Position size should reflect low intraday volume (volume: 1.00) and elevated PB of 17.80.
Fundamentals, valuation and key ratios for VIRYA.BO stock
Virya Resources Ltd operates in Engineering & Construction and shows mixed fundamentals. EPS is -2.90 and reported PE stands at -217.24, reflecting recent losses. Book value per share is INR 35.39 and price to book is 17.80, indicating a high valuation relative to equity. Liquidity is conservative with current ratio 3.63 and debt to equity 0.15, which reduces balance sheet risk for a construction firm in India. One should treat valuation metrics as a caution for any medium-term investment.
Meyka AI rates VIRYA.BO with a score out of 100 and forecast
Meyka AI rates VIRYA.BO with a score out of 100: Score 64.19 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 1-year level at INR 815.46, implying 29.44% upside from INR 630.00; forecasts are model-based projections and not guarantees. Use the grade as context, not as a recommendation.
Sector context and catalysts for VIRYA.BO stock
Virya sits in the Industrials sector and Engineering & Construction industry where the sector YTD is negative and average PB is 3.26, making Virya’s PB of 17.80 an outlier. Near-term catalysts include contract awards, tender wins, and activity in infrastructure spending in India. Watch corporate filings and the company website for project updates: Virya Resources.
Trade plan: oversold bounce strategy and risk management
Enter on a confirmed intraday reclaim above INR 645.00 with a strict stop at INR 615.00 and initial target INR 681.00; scale out at INR 681.00 and INR 750.00. Limit exposure given thin volume and a market cap of INR 945000000.00. Use maximum 2% portfolio risk per trade and avoid overnight holding unless new fundamental news changes the outlook.
Final Thoughts
Key takeaways on VIRYA.BO stock: price sits at INR 630.00 on BSE with a clear oversold bounce setup into the known range between INR 590.00 and INR 681.00. Technical confirmation requires a reclaim above INR 645.00 and volume pickup; failure below INR 590.00 would negate the bounce. Fundamentals show EPS -2.90, PE -217.24, PB 17.80, and a healthy current ratio 3.63, which reduces balance sheet stress but leaves valuation concerns. Meyka AI’s forecast model projects INR 815.46 in 12 months, implying 29.44% upside versus current price INR 630.00, but forecasts are model-based projections and not guarantees. For intraday traders the strategy is tactical: use tight stops, confirm with volume, and treat any position as short-duration given low liquidity. For investors the stock requires deeper fundamental recovery or clearer contract wins before adding as a core holding.
FAQs
What is the immediate intraday trigger for VIRYA.BO stock?
An intraday reclaim above INR 645.00 with rising volume is the immediate trigger for a tactical oversold bounce on VIRYA.BO stock. Use INR 615.00 as a stop and scale targets at INR 681.00 and INR 750.00.
How does Virya Resources’ valuation look?
Valuation is stretched: EPS -2.90, PE -217.24, and PB 17.80. These figures suggest high price relative to book and call for caution beyond short-term bounce trading for VIRYA.BO stock.
What is Meyka AI’s view and forecast for VIRYA.BO stock?
Meyka AI rates VIRYA.BO 64.19/100 (Grade B, HOLD) and its forecast model projects INR 815.46 in 12 months, implying 29.44% upside from INR 630.00; forecasts are model-based and not guarantees.
Which risks should traders watch intraday?
Key intraday risks are ultra-low traded volume (volume: 1.00), price gaps below INR 590.00, and valuation-driven selling. Maintain tight stops and limit position size for VIRYA.BO stock.
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.
