Why did MEERA.BO stock drop sharply today?

MEERA.BO stock fell **24.10%** intraday likely due to gap opening selling, higher-than-average volume (**29,958**), and short-term profit-taking. No public company trigger was reported, so wider sector flows and liquidity-driven selling are probable causes.

What are the key support and resistance levels for MEERA.BO stock?

Key intraday support is **INR 70.50**, with the 50-day average at **INR 65.42** and 200-day average at **INR 66.17**. Immediate resistance is the opening level **INR 82.00** and the recent year high **INR 103.46**.

What does Meyka AI forecast say about MEERA.BO stock?

Meyka AI's forecast model projects a yearly price of **INR 72.37**, implying **1.23%** upside from the current price **INR 71.49**. Forecasts are model-based projections and not guarantees.

Is MEERA.BO stock a buy after the decline?

Meyka AI rates MEERA.BO **65.87 / Grade B — HOLD**. Fundamentals show modest profitability and low leverage, but valuation is near sector norms. Consider waiting for clearer order-book or earnings signals before buying.

IN Stocks

MEERA.BO stock down 24.10% intraday on 02 Feb 2026: key support and forecast

ByDanny Kontos February 2, 2026February 2, 2026

Meera Industries Limited (MEERA.BO) on the BSE plunged 24.10% intraday to INR 71.49 on 02 Feb 2026, driven by heavy selling from the open at INR 82.00. MEERA.BO stock recorded a volume of 29,958 versus an average volume of 24,765, signalling abnormal flow. We break down the valuation, technical support, sector context and a short-term forecast to frame trading and risk points for intraday and near-term investors.