Is PJL.BO stock a buy on the current oversold bounce setup?

The setup shows a tactical oversold bounce at **INR 262.00**, but Meyka AI grades PJL.BO **B (HOLD)**. Traders may consider short-term bounces with clear stops, while long-term investors should wait for clearer demand recovery and coverage.

What are sensible price targets and stops for PJL.BO?

Near-term tactical target: **INR 300.00** with implied upside **14.50%**. Stop-loss recommendation for a bounce trade: **INR 245.00**. Longer-term model target: **INR 449.61** (model-based projection).

How does PJL.BO valuation compare with its sector?

PJL.BO trades at **PE 9.51**, far below the Consumer Cyclical average PE **36.12**, indicating a value tilt. However, the stock has lower liquidity and limited analyst coverage, increasing delivery risk.

What key metrics should traders watch next?

Watch daily volume, movement above the **50-day INR 274.30** and **200-day INR 292.27**, gold price direction, and any company updates on earnings or supply. Volume spikes and a sustained move above **INR 275.00** would validate a bounce.

IN Stocks

INR 262.00 PJL.BO pre-market: oversold bounce 17 Feb 2026, watch 50-day test

ByDanny Kontos February 17, 2026

PJL.BO stock trades at INR 262.00 in pre-market on 17 Feb 2026, signalling a potential oversold bounce after recent weakness. The shares sit below the 50-day average INR 274.30 and 200-day average INR 292.27, while volume today at 2,250.00 shares spikes above the average 295.00. With a low valuation at PE 9.51 and EPS 27.56, the setup suits short-term mean-reversion traders looking for a bounce toward the 50-day. We frame this as a measured oversold-bounce trade, not a long-term recommendation.