BURNPUR.NS stock up 400% to INR 33.00 intraday: heavy volume, watch levels

BURNPUR.NS stock up 400% to INR 33.00 intraday: heavy volume, watch levels

BURNPUR.NS stock is a top intraday mover after a 400.00% jump to INR 33.00 on heavy volume of 254,263 shares on the NSE today, 16 Jan 2026. The move follows an open at INR 6.13 and previous close of INR 6.60, making this a clear high-volume breakout trade for short-term traders. Volume is roughly 8.46x the average daily flow, signaling either a squeeze or a large block trade. We examine price drivers, valuation, technical levels and forecast scenarios to frame risk and opportunity for intraday and short-term positions.

Intraday price action: BURNPUR.NS stock price and volume

The stock traded between a day low of INR 5.85 and a day high of INR 33.00, closing the strongest level intraday. The jump of INR 26.40 represents a 400.00% one-day move and matched a spike in volume to 254,263 versus an average volume of 30,069.

High relative volume (relVolume 8.46) confirms heavy participation and atypical order flow. For intraday traders, watch the initial support at INR 6.60 (previous close) and first resistance near INR 33.00.

Drivers and high-volume signals behind the move

There is no public earnings release today, so the move looks driven by concentrated buying or a block transaction into a low-float stock. The company has 17,224,873.00 shares outstanding, which magnifies large trades.

When volume far exceeds averages, short covering or speculative bids often push prices sharply higher. Monitor order-book depth and time & sales for signs the move sustains or reverses.

Fundamentals and valuation: BURNPUR.NS stock fundamentals

On fundamentals, Burnpur Cement Limited shows strained metrics: EPS -155.05, PE -0.21, and market cap approximately INR 568,420,809.00. Price averages sit at 50-day 32.68 and 200-day 35.83, while the 52-week range is INR 5.85–64.85.

Against the Basic Materials sector average PE of 34.65, Burnpur’s negative PE signals distressed accounting or very low reported profits versus peers. These metrics increase downside risk for longer-term holders.

Meyka AI grade and model forecast for BURNPUR.NS stock

Meyka AI rates BURNPUR.NS with a score out of 100: Score 59.47 | Grade C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.

Meyka AI’s forecast model projects a 4-week target of INR 40.00 (implied +21.21% vs current INR 33.00) and a 3-month base case of INR 25.00 (implied -24.24%). Forecasts are model-based projections and not guarantees. Use these figures to size risk and set stop-loss levels.

Technical setup and realistic price targets

Short-term technicals show a sharp breakout above intraday resistance at INR 33.00, but the lack of volume history at these levels elevates volatility. Key intraday supports are INR 6.60 and INR 15.00; immediate resistance sits at INR 40.00 and the 52-week high INR 64.85.

Traders should use tight risk controls. A break below INR 15.00 on rising volume would signal a fast unwind. Consider profit targets aligned with the Meyka forecast and scale out on strength.

Sector context and trading strategy

Burnpur operates in the Construction Materials industry inside the Basic Materials sector. The sector’s average valuations (PE ~34.65) and average volume contrast with Burnpur’s micro-cap profile and distorted ratios. That suggests this move is more speculative than sector-driven.

For intraday and short-term strategies, treat BURNPUR.NS stock as high-risk, high-volatility. Use limit entries, set stop losses, and avoid position sizes that exceed a small percentage of your portfolio.

Final Thoughts

BURNPUR.NS stock is a clear high-volume mover on 16 Jan 2026 after a 400.00% intraday rise to INR 33.00 on the NSE, driven by concentrated buying into a low-float micro-cap. Fundamentals are weak with EPS -155.05 and PE -0.21, and the company’s market cap is INR 568,420,809.00, which keeps longer-term risk elevated. Meyka AI rates the stock C+ (59.47), a HOLD that reflects weak financials versus sector peers and short-term momentum. Meyka AI’s forecast model projects a 4-week target of INR 40.00 (+21.21%) and a 3-month base case of INR 25.00 (-24.24%); these are model-based projections and not guarantees. For traders, the primary plan should be to respect intraday support and use disciplined stops. For investors, the valuation and cash metrics suggest waiting for confirmed fundamental improvement before adding exposure. We use Meyka AI as an AI-powered market analysis platform to frame these scenarios and recommend treating BURNPUR.NS stock as a speculative intraday trade with clearly defined exits.

FAQs

Why did BURNPUR.NS stock spike intraday today?

The spike appears driven by concentrated buying in a low-float stock rather than an earnings release. Heavy volume of 254,263 shares and an open at INR 6.13 created a short-covering or block-trade squeeze.

What are the immediate support and resistance levels for BURNPUR.NS stock?

Immediate intraday support is at INR 6.60 and INR 15.00 with resistance at INR 33.00, INR 40.00, and the 52-week high INR 64.85. Use tight stops on declines.

How does Meyka AI rate BURNPUR.NS stock and why?

Meyka AI rates BURNPUR.NS C+ (59.47) — HOLD. The grade reflects weak fundamentals, negative EPS, distorted ratios, sector comparison, and mixed short-term momentum.

What is Meyka AI’s forecast for BURNPUR.NS stock?

Meyka AI’s forecast model projects a 4-week target INR 40.00 (+21.21%) and a 3-month base case INR 25.00 (-24.24%) versus the current INR 33.00. Forecasts are model-based and not guaranteed.

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.

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