DRA.BO up 5.40% intraday on 06 Jan 2026: watch INR 24.00 as 12‑month target
DRA.BO climbed 5.40% intraday to INR 18.74 on 06 Jan 2026 on the BSE as a short‑covering bounce lifted the Engineering & Construction name. Volume was 10,000 shares versus an average of 11,750, suggesting measured buying rather than a heavy breakout. Traders cited tight valuation metrics — PE 7.71 and PB 0.63 — and an attractive EPS of INR 2.43 as reasons for the uptick. Meyka AI, our AI‑powered market analysis platform, flagged the move as a technical relief rally with visible support near INR 17.78
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