OLPCL.BO down 18.89% to INR 2.92 pre-market BSE 22 Jan 2026: forecast INR 3.08
OLPCL.BO stock plunged 18.89% to INR 2.92 in BSE pre-market trade on 22 Jan 2026, led by a gap down from an open of INR 3.20 and previous close INR 3.60. Volume in the session was 5,208.00 shares versus an average of 6,132.00, underscoring thin liquidity. Olympic Cards Limited (OLPCL.BO) is a small-cap in the Consumer Cyclical sector with market cap INR 47,621,404.00. This morning’s fall pushed the stock below its 50-day average INR 3.00 and near the lower Bollinger band at INR 2.72, raising short-term technical risk and trade interest
Pre-market move: OLPCL.BO stock performance
OLPCL.BO stock opened at INR 3.20 and traded between INR 2.91 and INR 3.20 before settling near INR 2.92 pre-market on 22 Jan 2026. The one-day change is -18.89% and year-to-date change is -8.18%. Average volume sits at 6,132.00 shares, so today’s 5,208.00 shares indicate lighter-than-normal participation. The stock’s 1-month return is +2.10%, but one-year return is -20.44%, reflecting extended downside over 12 months.
Fundamentals snapshot for Olympic Cards Limited (OLPCL.BO stock)
Olympic Cards Limited reports trailing EPS -2.51 and a negative PE -1.16, highlighting continued losses. Key ratios: price-to-sales 0.46, price-to-book -6.78, current ratio 1.05, and debt ratio 0.56. Revenue per share is 6.34, cash per share 0.41, and book value per share -0.43. Shares outstanding are 16,308,700.00 and market cap INR 47,621,404.00. These metrics point to tight liquidity and negative profitability, increasing fundamental risk for investors.
Technical and trading signals for OLPCL.BO stock
Technicals show neutral momentum: RSI 48.68, MACD histogram 0.01, and ADX 24.01. Bollinger bands are 3.32/3.02/2.72 (upper/mid/lower), placing support near INR 2.72 and immediate resistance near INR 3.32. On‑balance volume 8,352.00 and relative volume 0.85 confirm muted flows. Traders should note the stock trades slightly below its 50-day average INR 3.00 and 200-day average INR 3.05, so follow-through below INR 2.72 would increase downside risk.
Meyka AI grade and forecast for OLPCL.BO stock
Meyka AI, an AI-powered market analysis platform, rates OLPCL.BO with a score out of 100: 59.08 / 100, Grade C+, Suggestion HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst signals. Meyka AI’s forecast model projects a yearly price of INR 3.08, implying an upside of 5.48% from the current INR 2.92. Forecasts are model-based projections and not guarantees.
Risks and catalysts for OLPCL.BO stock
Primary risks: persistent negative margins (net margin -39.53%), long cash conversion cycle (inventory days 827.41, payables days 361.47), and low free cash flow. Catalysts could include margin improvement, working capital reduction, or sector recovery in Consumer Cyclical. No earnings date is scheduled, so news or contract wins would act as short-term catalysts. The company’s small float and low liquidity mean price moves can be abrupt.
Trading strategy and outlook for OLPCL.BO stock
Given the pre-market drop, short-term traders can watch INR 2.72 as immediate support and INR 3.32 as first resistance. A cautious stop-loss near INR 2.50 limits downside, while swing targets near INR 3.50 assume sector stability. For investors, the negative EPS and weak fundamentals argue for small, hedged exposure only. All trades should account for low volume and currency INR settlement on BSE in India.
Final Thoughts
OLPCL.BO stock’s 18.89% pre-market fall to INR 2.92 on 22 Jan 2026 highlights the fragile position of this small-cap printing and stationery specialist on BSE. Fundamentals show negative EPS -2.51, negative book value per share -0.43, and stretched working capital with inventory days 827.41, which together raise medium-term recovery hurdles. Technically, the stock sits below its 50-day INR 3.00 average and near the lower Bollinger band INR 2.72, signalling short-term oversold risk but not a confirmed reversal. Meyka AI’s forecast model projects INR 3.08 over the next year, implying a 5.48% upside from the current price; forecasts are model-based projections and not guarantees. Practical takeaway: traders may consider tight, size-limited positions with stop-loss near INR 2.50, while longer-term investors should wait for clear margin improvement or working capital reductions before redeploying capital. Monitor sector trends in Consumer Cyclical and any company updates on earnings, contracts, or cash flow improvement before increasing exposure.
FAQs
What caused the pre-market drop in OLPCL.BO stock on 22 Jan 2026?
The drop to INR 2.92 (-18.89%) reflected a gap-down from INR 3.20 open, thin volume (5,208.00) and profit-taking after recent volatility. No earnings release was scheduled; structural fundamentals and low liquidity likely amplified the move.
What is Meyka AI’s outlook for OLPCL.BO stock?
Meyka AI’s forecast model projects INR 3.08 over the next year for OLPCL.BO stock, implying ~5.48% upside from INR 2.92; forecasts are model-based projections and not guarantees.
Are there clear support and resistance levels for OLPCL.BO stock?
Yes. Immediate technical support is near INR 2.72 (lower Bollinger band) and resistance near INR 3.32. A break below INR 2.72 raises downside risk toward INR 2.50.
Is OLPCL.BO stock a buy for long-term investors?
Given negative EPS -2.51, negative book value and stretched working capital, OLPCL.BO stock is high risk for long-term investors. Consider waiting for consistent margin improvement and stronger cash flow before adding exposure.
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.
