EIGHTY.BO up 8.06% pre-market on BSE 07 Jan 2026: support at INR 32.97
EIGHTY.BO stock opened strong in pre-market trading on 07 Jan 2026 after a one-day rise of 8.06%, trading at INR 32.97 on the BSE. The move follows low intraday volume of 3,000 shares versus an average of 9,666, suggesting early buyer interest but limited conviction. Investors should note the company’s trailing EPS of 3.76 and a low PE of 8.77, which helps explain value-oriented buying. We provide concise pre-market analysis, key ratios, technical levels, Meyka AI grade and forecast to frame near-term scenarios.
EIGHTY.BO stock: pre-market price action and context
EIGHTY.BO stock is trading at INR 32.97, up 8.06% from the previous close of INR 30.51 on the BSE. The session shows a single price print (day low/day high INR 32.97) and volume of 3,000 shares, below the 50-day average of 9,666, which suggests early momentum but thin liquidity. The one-day jump follows a multi-month correction where the stock remains below its 50-day average (INR 33.75) and 200-day average (INR 35.58).
EIGHTY.BO stock: fundamentals and valuation
Eighty Jewellers Limited (EIGHTY.BO) reports a market cap of INR 336,268,976.00 and EPS of 3.76, giving a trailing PE of 8.77, materially below many consumer cyclical peers. Price-to-book is near 1.10 and price-to-sales is about 0.29, signaling a value profile relative to sector averages. The balance sheet shows a current ratio of 1.91 and debt-to-equity of 0.87, indicating manageable leverage but some reliance on debt financing.
EIGHTY.BO stock: technicals and near-term levels
Technically, the stock’s RSI at 44.09 suggests neutral momentum while ADX at 39.37 points to a strong trend developing. Short-term support sits at the pre-market level INR 32.97 and near the 50-day average INR 33.75; initial resistance is INR 37.00, then the year high at INR 52.00. MACD shows a mild negative histogram and the Keltner channel middle at INR 32.83, which traders can use to define intraday risk.
EIGHTY.BO stock: sector backdrop and risks
Eighty Jewellers operates in the Consumer Cyclical sector, which has shown YTD weakness of -7.83% but 6-month strength of 10.96%, reflecting seasonal demand swings. Key risks include inventory intensity (days of inventory on hand 199.13) and a net debt to EBITDA around 3.30, which raises sensitivity to sales slowdowns. Lower-than-average liquidity (volumes) and concentrated retail exposure increase volatility risk for short-term traders.
EIGHTY.BO stock: Meyka AI grade and forecast
Meyka AI rates EIGHTY.BO with a score out of 100: 60.45, Grade B, Suggestion HOLD. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly level of INR 33.36, a quarterly level of INR 14.64, and a yearly level of INR 17.93. Compared with the current price of INR 32.97, the monthly projection implies +1.18% upside while the yearly model implies -45.66%; forecasts are model-based projections and not guarantees. For more background and real-time updates visit EIGHTY.BO on Meyka and market news at Investing.com and Reuters.
EIGHTY.BO stock: trading strategy and price targets
For traders, a short-term target near INR 37.00 (first resistance) is logical, with a secondary target around INR 45.00 if momentum extends toward the 52-week high of INR 52.00. A conservative stop-loss would be INR 30.00 to limit downside while longer-term investors should watch for consistent margin improvement and inventory turns. Frame positions as market-analysis scenarios, not recommendations, and size positions to account for low daily liquidity.
Final Thoughts
EIGHTY.BO stock’s pre-market gain of 8.06% on 07 Jan 2026 reflects value-driven interest at INR 32.97, supported by a low trailing PE of 8.77 and book value near INR 29.77 per share. The Meyka AI grade (score 60.45, Grade B, Suggestion HOLD) flags a mixed outlook: solid earnings yield but elevated inventory days and net-debt sensitivity. Short-term traders can target INR 37.00 with tight stops, while medium-term upside requires clearer margin recovery and higher trading volumes. Meyka AI’s forecast model projects INR 33.36 for the month, implying near-term stability but highlights model uncertainty for longer horizons. Use these data points together with company updates and BSE liquidity when sizing positions; forecasts are model-based projections and not guarantees.
FAQs
EIGHTY.BO stock is trading at **INR 32.97** in pre-market on 07 Jan 2026, up **8.06%** from the previous close of **INR 30.51**, on volume of **3,000** shares.
Meyka AI rates EIGHTY.BO with a score out of 100 of **60.45**, Grade **B**, Suggestion **HOLD**. The grade blends benchmark, sector, metrics and forecast data; it is informational and not investment advice.
Key metrics include EPS **3.76**, trailing PE **8.77**, price-to-book about **1.10**, market cap **INR 336,268,976.00**, and a current ratio of **1.91**. Watch debt-to-equity **0.87** and inventory days.
A near-term resistance target is **INR 37.00**, with a secondary target near **INR 45.00**; consider a conservative stop-loss near **INR 30.00** given current liquidity and volatility.
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.