BALAMINES.NS (Balaji Amines NSE) down 10% pre-market 13 Jan 2026: watch INR 1,065 support
BALAMINES.NS stock opened sharply lower in pre-market trade on 13 Jan 2026 after a one-day fall of -10.02% to INR 1,100.90. The drop came with volume at 515,505.00 shares, nearly double the average of 260,627.00, signalling heavier-than-normal selling pressure on the NSE in India. Balaji Amines Limited (BALAMINES.NS) faces short-term technical stress while fundamentals show pockets of strength, including EPS 44.96 and PE 25.90. Traders should watch the year low INR 1,065.60 and the 50-day average near INR 1,187.58 for near-term support and resistance.
Price action & drivers: BALAMINES.NS stock pre-market move
The immediate driver was a one-day fall of 122.60 INR (-10.02%) to INR 1,100.90, with the session range at INR 1,093.20–INR 1,153.90. The stock’s relative volume jumped to 7.47, confirming outsized flows and stop-driven selling on the NSE. Market participants cited weak sector momentum in Basic Materials and profit-taking after a YTD decline of -28.23%.
Fundamentals & valuation: BALAMINES.NS stock financial picture
Balaji Amines (BALAMINES.NS) reports EPS 44.96 and trades at PE 25.90 versus the Basic Materials sector average PE about 34.52, suggesting valuation is cheaper than peers on a PE basis. Key balance-sheet metrics include current ratio 5.17 and debt-to-equity 0.02, indicating strong liquidity and low leverage. Price-to-book is 2.00 and dividend per share is 11.00 INR, giving a dividend yield near 0.94%.
Technicals & trading signals: BALAMINES.NS stock indicators
Short-term momentum is bearish: RSI 31.98 (near oversold) and MACD histogram recently turned positive but trend ADX is 46.83 (strong trend). Bollinger Bands mid is INR 1,112.61 and lower band INR 1,079.33, placing current price below the 50-day average (INR 1,187.58) and far below the 200-day average (INR 1,408.47). Traders should note the stock is testing its year low of INR 1,065.60.
Meyka grading & model view: BALAMINES.NS stock rating
Meyka AI rates BALAMINES.NS with a score out of 100: 66.80 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry performance, financial growth, key metrics, forecasts, and analyst consensus. The grade reflects decent profitability, low leverage, but recent revenue and EPS contractions. These grades are informational and are not financial advice.
Forecasts & price targets: BALAMINES.NS stock outlook
Meyka AI’s forecast model projects a yearly price of INR 1,143.07, a monthly figure near INR 1,062.66, and a three-year projection of INR 413.05. Compared with the current INR 1,100.90, the one-year model implies a +3.83% upside, while the monthly model implies a -3.47% downside. Forecasts are model-based projections and not guarantees. Because consensus analyst targets are not available, use these model outputs with caution.
Risks, opportunities and what to watch: BALAMINES.NS stock strategy
Key risks: slowing revenue growth (FY revenue growth -31.20%), margin pressure, and a long cash conversion cycle (cash conversion cycle 179.15 days). Opportunities: diversified exports to the US and Europe, high interest coverage (49.97) and strong working capital (INR 6,847,275,000.00). Watch upcoming earnings on 04 Feb 2026, the INR 1,065.60 year low, and sector momentum in Chemicals – Specialty for trade signals.
Final Thoughts
Balaji Amines (BALAMINES.NS) is a top pre-market loser on 13 Jan 2026 after a sharp -10.02% drop to INR 1,100.90 on heavy volume. Fundamentals remain mixed: strong liquidity (current ratio 5.17), low leverage (debt-to-equity 0.02), and EPS 44.96, yet FY revenue and profit growth have contracted. Meyka AI’s forecast model projects a yearly price of INR 1,143.07, implying a modest +3.83% upside from current levels, while a monthly projection of INR 1,062.66 suggests a short-term downside near -3.47%. Technicals show oversold readings (RSI 31.98) but a strong ADX (46.83), indicating the move has momentum. Our Meyka grade of 66.80 (B, HOLD) balances decent fundamentals against near-term technical risk. Active traders may trade the bounce toward INR 1,187.58 (50-day MA) or use stops under INR 1,065.60; longer-term investors should wait for clearer earnings trends after the 04 Feb 2026 report. Forecasts are model-based projections and not guarantees.
FAQs
Why did BALAMINES.NS stock fall pre-market today?
BALAMINES.NS stock fell pre-market on 13 Jan 2026 due to heavy selling (volume 515,505.00), sector weakness in Basic Materials, and short-term technical pressure after profit-taking.
What is Meyka AI’s rating for BALAMINES.NS stock?
Meyka AI rates BALAMINES.NS with a score of 66.80 out of 100 (Grade B, Suggestion: HOLD). The grade factors in benchmarks, sector, growth and key metrics.
What price levels should traders watch for BALAMINES.NS stock?
Traders should watch support at the year low INR 1,065.60, day low INR 1,093.20, and resistance near the 50-day average INR 1,187.58 and 200-day average INR 1,408.47.
What are the near-term forecasts for BALAMINES.NS stock?
Meyka AI’s forecast model projects a monthly price INR 1,062.66 and a yearly price INR 1,143.07, implying short-term downside of -3.47% and one-year upside of +3.83% from INR 1,100.90.
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.
