PEL.BO Piramal Enterprises (BSE) INR 1124.60 15 Jan 2026: watch 50-day test
PEL.BO stock closed at INR 1,124.60 on 15 Jan 2026 after an intraday low of INR 1,110.00, creating a classic oversold bounce setup for traders. Volume today was 67,905.00 shares, above the 30-day average of 28,593.00, signalling short-term buyer interest. The stock trades below its 50-day average of INR 1,182.62 but above the 200-day average of INR 1,082.89, so a bounce toward the 50-day is a realistic near-term target. We set out clear levels, valuation context, Meyka AI grade, and a pragmatic oversold bounce plan for PEL.BO stock on the BSE in India.
Price action and technical cues for PEL.BO stock
PEL.BO stock opened at INR 1,122.80 and hit a day high of INR 1,188.00 before settling at INR 1,124.60. The intraday range highlights volatility and a short-term support band near INR 1,110.00. The immediate technical trigger is a reclaim of the 50-day average at INR 1,182.62; a clean move above that level would confirm a bounce pattern. Traders should watch relative volume of 2.37x versus average for confirmation of sustained buying.
Fundamentals and valuation snapshot
Piramal Enterprises Limited (PEL.BO) trades on the BSE with market cap INR 254,946,930,211.00, EPS INR 25.42, and PE 44.24. The price-to-book ratio is 0.94, which shows the market values the company close to its book value despite a high PE driven by earnings mix. Dividend per share is INR 11.00, giving a dividend yield near 0.98%. Interest coverage is modest at 1.38, so credit costs remain relevant for the financials.
Meyka AI rates PEL.BO with a score out of 100 and technical note
Meyka AI rates PEL.BO with a score out of 100: 67.35 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Our technical read shows the stock is currently in an oversold short-term condition versus the 50-day moving average, making a tactical bounce plausible. This grade is informative only and not financial advice.
Meyka AI forecast and price targets for PEL.BO stock
Meyka AI’s forecast model projects a quarterly target of INR 1,186.20 and a yearly model value of INR 940.24. Versus the current price INR 1,124.60, the quarterly figure implies an upside of 5.48%, while the yearly figure implies a downside of -16.39%. Near-term trading levels: support INR 1,110.00, first resistance INR 1,182.62 (50-day MA), and next resistance INR 1,188.00 (today’s high). Price targets: conservative INR 1,050.00, base INR 1,250.00, and bullish INR 1,400.00, with model caveats.
Sector context and macro risks
PEL.BO sits in the Financial Services sector on the BSE. The sector average PE is 33.20, so Piramal’s PE of 44.24 trades at a premium to peers. Sector momentum has been muted, with 1M performance down, raising sensitivity to interest rate shifts and credit cycles. Key risks include higher financing costs, weaker asset quality in stressed segments, and slower loan growth.
Trading strategy: structured oversold bounce plan
For an oversold bounce strategy traders should size positions defensively and use tight stops. A tactical long can be considered on a sustained move above INR 1,182.62 with stop near INR 1,100.00. Target the 50-day test first (INR 1,182.62), then INR 1,250.00 for partial profits. Monitor daily volume above 28,593.00 average and sector cues; reduce exposure if interest coverage or credit news deteriorates.
Final Thoughts
Key takeaways: PEL.BO stock ended at INR 1,124.60 on 15 Jan 2026 after a volatile session and looks set for a tactical oversold bounce toward the 50-day average at INR 1,182.62. Meyka AI’s forecast model projects a near-term quarterly target of INR 1,186.20 (implied +5.48% vs current price) while a longer-term yearly model sits at INR 940.24 (implied -16.39%). Traders pursuing an oversold bounce should watch volume confirmation (67,905.00 vs avg 28,593.00), set tight risk limits, and use support at INR 1,110.00. Remember, forecasts are model-based projections and not guarantees. For transparency, Meyka AI provides this AI-powered market analysis platform view to help frame risk-adjusted trades on the BSE in India.
FAQs
Is PEL.BO stock a buy after today’s dip?
PEL.BO stock may offer a tactical buy if price clears the 50-day average at INR 1,182.62 with strong volume. Size positions small and use a stop near INR 1,100.00. This is a short-term oversold bounce play, not a long-term recommendation.
What are immediate support and resistance levels for PEL.BO stock?
Immediate support is INR 1,110.00 (day low) and the next support is the 200-day average at INR 1,082.89. Near-term resistance is the 50-day average at INR 1,182.62 and today’s high at INR 1,188.00.
How reliable are Meyka AI forecasts for PEL.BO stock?
Meyka AI’s forecasts combine multiple models and show a quarterly target of INR 1,186.20 and a yearly value of INR 940.24. These are model-based projections and not guarantees; use them as inputs alongside fundamental and risk checks.
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.
