Pre-Market 21 Jan 2026: BHARATRAS.BO down 17.43% to INR 1684.20, watch 1651.50
BHARATRAS.BO stock plunged -17.43% in pre-market trade to INR 1684.20 on 21 Jan 2026. The move followed a gap lower from an open of INR 1970.60 and heavy activity of 38,917 shares, about 14.03x average volume. Intraday range shows a low of INR 1651.50 and a high of INR 2014.30. Traders note a sharp break below the 50-day average of INR 2414.53. This piece frames the drop, valuation, technicals, Meyka AI grade, and near-term outlook for Bharat Rasayan Limited on the BSE.
BHARATRAS.BO stock: Pre-market price action and volume
The stock opened at INR 1970.60 and is trading at INR 1684.20, down -355.60 points versus the previous close of INR 2039.80. Volume spiked to 38,917 shares against an average of 2,774, signaling forced selling and stop hits. Relative volume at 14.03 suggests outsized participation. Short-term support sits at INR 1651.50 and immediate resistance near INR 2014.30. For live comparisons see recent market screens on Investing.com and peer checks Investing.com sector compare.
Fundamentals and valuation snapshot for Bharat Rasayan Limited on BSE
Bharat Rasayan Limited (BHARATRAS.BO) lists on the BSE with market cap INR 13,996,603,047. Reported EPS stands at 80.16 and quoted PE is 21.01. Book value per share is 2880.85, giving a price-to-book of 0.59. Key balance metrics: current ratio 4.72, debt-to-equity 0.08, and cash per share 672.42. Margins remain healthy with net profit margin 10.86% and ROE 11.78%. These figures show solid balance-sheet strength despite recent revenue contraction in FY 2024.
Technicals and momentum: oversold but trending
Technicals show extreme selling pressure. RSI is 10.58 (oversold) and ADX 60.45 indicates a strong trend. MACD histogram turned positive from deeper levels but momentum readings remain negative. Price sits well below the 50-day (INR 2414.53) and 200-day (INR 2519.22) averages. ATR is 226.51, highlighting elevated volatility. Traders should note the long cash conversion cycle and receivables days at 143.88, which can widen price swings.
Meyka AI grade, forecast and analyst context
Meyka AI rates BHARATRAS.BO with a score of 69.40 out of 100, Grade B, suggestion HOLD. This grade factors S&P 500 benchmark comparison, sector and industry peers, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a monthly level of INR 1950.42 and a yearly projection of INR 6820.92. Versus the current INR 1684.20, the model implies a monthly upside of 15.81% and a yearly upside of 304.80%. Forecasts are model-based projections and not guarantees.
Risks, catalysts and upcoming triggers
Near-term catalysts include the earnings announcement scheduled for 11 Feb 2026. Risks: FY 2024 showed revenue contraction and operating cash flow weakness. Inventory days at 130.41 and receivables remain elevated, which can pressure margins if commodity costs rise. Sector headwinds in agricultural inputs, changes in export demand, and commodity pricing pose downside. Positive catalysts would be stronger export orders, margin recovery, or an unexpected cash flow improvement.
Trading and risk management approach
Given the sharp pre-market fall, intraday traders may watch for a bounce to INR 1950.00 as intraday resistance. A conservative stop could sit below INR 1650.00. Longer-term investors should reassess position size against book value INR 2880.85 and a low debt load. Use staged entries and size positions to reflect a higher volatility regime with ATR 226.51.
Final Thoughts
BHARATRAS.BO stock opened the day under heavy selling and dropped -17.43% to INR 1684.20 on 21 Jan 2026. The move shows a break of near-term support and elevated volume, signaling capitulation by short-term holders. Fundamentals remain mixed: healthy margins, strong book value INR 2880.85, and low leverage, but recent revenue and cash flow softness raise questions. Meyka AI’s forecast model projects INR 1950.42 over a month, implying about +15.81% from the current price, and INR 6820.92 over a year, implying about +304.80%. These model outputs differ widely and should be treated as scenario-based projections, not guarantees. Traders seeking short-term entries can watch INR 1651.50 as immediate support and INR 1950.00 as first resistance. Long-term investors should wait for confirming improvements in cash flow and receivables before adding exposure. Meyka AI provides this as data-driven market analysis and not investment advice.
FAQs
Why did BHARATRAS.BO stock drop sharply in pre-market?
The pre-market drop reflects heavy selling, a gap down open, and volume 38,917 shares. Short-term technical breaks below moving averages and weak recent cash flow metrics amplified the fall. Upcoming earnings on 11 Feb 2026 may add volatility.
What valuation metrics matter for BHARATRAS.BO stock?
Key metrics: EPS 80.16, PE 21.01, book value INR 2880.85, PB 0.59, current ratio 4.72, and debt-to-equity 0.08. These show low leverage and a discounted price-to-book.
What price targets and forecasts exist for BHARATRAS.BO stock?
Meyka AI’s model projects INR 1950.42 monthly and INR 6820.92 yearly. The monthly implies about +15.81% upside, while the yearly implies +304.80%. Forecasts are model-based projections, not guarantees.
How should traders manage risk in BHARATRAS.BO stock now?
Manage risk with small position sizes, a stop below INR 1651.50, and staged entries. Watch liquidity and the ATR of 226.51 to size stops and targets accordingly.
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.
