BAJAJCON.BO Bajaj Consumer Care BSE up 19.99% pre-market Jan 2026: near INR 310
The BAJAJCON.BO stock led pre-market gainers on 23 Jan 2026, rising 19.99% to INR 297.05 on the BSE in India. Higher trading volume at 1,628,393 shares pushed the price from the previous close of INR 247.55. This spike reflects short-covering and a sector tailwind in Household & Personal Products. We summarise drivers, valuation, technicals and short-term price targets.
Pre-market snapshot: BAJAJCON.BO stock
Bajaj Consumer Care (BAJAJCON.BO) opened at INR 270.15 and hit a pre-market high of INR 297.05 on BSE. Market cap is INR 38.95B and volume was 1,628,393, vs average volume 41,565. Year high is INR 310.35 and year low is INR 151.95. The move is the largest one-day percent gain in recent sessions.
Driver of the move
The one-day jump of 19.99% appears driven by heavy buying and short-covering rather than fresh corporate news. Earnings season and an upcoming earnings announcement on 12 Feb 2026 are catalysts. Sector momentum in Consumer Defensive names supported flows into Bajaj Consumer Care as traders move to defensive personal-care plays.
Valuation and fundamentals: key metrics
Bajaj Consumer Care reports EPS INR 9.98, PE 29.76 and PB 6.30 (price/book). Price averages are 50-day INR 267.36 and 200-day INR 228.50. CurrentRatio is 2.83 and debt/equity is 0.03, showing a clean balance sheet. These metrics show a premium valuation versus Consumer Defensive averages, with room for re-rating if margins expand.
Technical view and Meyka AI rating
Momentum indicators show strength: RSI 60.06, MACD histogram 2.50, and CCI 174.42. Bollinger band middle is INR 260.38 with upper band INR 275.81. Meyka AI rates BAJAJCON.BO with a score of 72.53 out of 100 — Grade B+, Suggestion: BUY. This grade factors S&P 500 and sector comparisons, financial growth, key metrics and analyst signals. These grades are informational and not financial advice.
Outlook and forecast: BAJAJCON.BO forecast and price targets
Meyka AI’s forecast model projects a short-term monthly level of INR 264.30 and a yearly level of INR 224.87. Compared with the current price INR 297.05, the monthly projection implies -11.03% and the yearly projection implies -24.30%. Short-term technical targets: conservative INR 310.00 (near year high) and stretch INR 340.00 if momentum continues. Forecasts are model-based projections and not guarantees.
Risks and near-term catalysts
Key risks include a valuation pullback given PE 29.76, weaker sales growth, and sector rotation away from defensive names. Catalysts that could sustain gains include a stronger-than-expected earnings report on 12 Feb 2026, market rotation into household products, or margin expansion. Monitor volume and retail participation for confirmation.
Final Thoughts
BAJAJCON.BO stock is a top pre-market gainer on 23 Jan 2026, rising to INR 297.05 on heavy volume. The move reflects short-covering and sector interest in Household & Personal Products. Fundamentals show EPS INR 9.98, PE 29.76 and a strong current ratio 2.83, but valuation is above sector averages. Meyka AI’s forecast model projects INR 264.30 for the month and INR 224.87 for the year, implying downside versus the current price. Short-term traders can watch INR 310.00 as the immediate resistance; longer-term investors should await the 12 Feb 2026 earnings report and margin trends. Meyka AI, an AI-powered market analysis platform, flags a B+ grade and a BUY suggestion but reminds readers these projections are model-based and not guarantees.
FAQs
Why did BAJAJCON.BO stock jump pre-market?
The pre-market jump followed heavy buying and short-covering ahead of an earnings announcement on 12 Feb 2026, plus defensive sector flows into household and personal products.
What are the short-term price targets for Bajaj Consumer Care?
Near-term technical resistance sits at INR 310.00; a stretch target is INR 340.00 if buying momentum continues and earnings surprise positively.
How does Meyka AI view BAJAJCON.BO stock?
Meyka AI rates BAJAJCON.BO with 72.53/100 (Grade B+, Suggestion: BUY). The rating mixes sector, fundamentals and forecast data but is not investment advice.
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.
