Why did NIRAJISPAT.NS stock jump today?

The stock rose **31.99%** to **INR 283.15** on heavy volume (**2,885.00**). Drivers include earnings momentum ahead of the 10 Feb 2026 report, tight free float after the 2024 IPO, and short-covering in low-liquidity conditions.

What valuation metrics should investors note for NIRAJISPAT.NS?

Key ratios: trailing PE **10.57**, EPS **INR 24.36**, PB **1.02**, EV/EBITDA **8.83**. The stock trades below the Industrials sector average PE of **34.72**, indicating a relative earnings discount.

How does Meyka AI view NIRAJISPAT.NS?

Meyka AI rates NIRAJISPAT.NS with a score out of 100 at **68.17**, grade **B** with a HOLD suggestion. The model projects a one-year price of **INR 288.45**, but notes forecasts are model-based projections and not guarantees.

What are the main risks to watch?

Risks include limited liquidity (avg volume **591.00**), concentrated share count (**600,000.00**), and demand cyclicality in textiles. Volatility can spike around earnings and news.

IN Stocks

31.99% surge: Niraj Ispat NIRAJISPAT.NS(NSE) INR 283.15 09 Feb 2026: outlook

ByDanny Kontos February 9, 2026February 9, 2026

NIRAJISPAT.NS stock led gains on the NSE after Niraj Ispat Industries Ltd. closed at INR 283.15, up 31.99% on 09 Feb 2026. Volume was 2,885 shares, nearly five times the average of 591.00, a clear sign of heavy buying interest. The move follows recent earnings momentum and a low float after the 2024 IPO. We review valuation, sector context, and short-term drivers to explain the rally and what traders should watch next.