DRA.BO stock +5.40% to INR 18.74 on BSE 08 Jan 2026: value gap
DRA.BO stock closed the market higher on 08 Jan 2026, ending at INR 18.74 on the BSE after a 5.40% gain in thin trade (volume 10,000). The move placed DRA Consultants Limited (DRA.BO) among today’s top gainers on the BSE in India as investors reacted to valuation and sector context. We examine why the stock moved, review key ratios (PE 7.71, EPS 2.43), and lay out technical levels, risks and a model-based price forecast from Meyka AI.
Market recap and top-gainer context
DRA.BO stock led small-cap gainers after a session close at INR 18.74, up INR 0.96 from the previous close of INR 17.78, with a day high of INR 18.74 and day low INR 17.78. The jump came on below-average liquidity (volume 10,000 vs avg 11,750), highlighting a short, conviction-driven move rather than broad sector rotation.
News flow and catalyst summary
There is no company earnings release today, but relative comparisons on investing platforms and renewed interest in engineering and construction names helped flows into DRA.BO stock; see market comparisons for peers on Investing.com for context source. The stock’s gain appears driven more by valuation re-rating and selective buying than fresh corporate headlines.
Fundamentals and valuation picture
DRA Consultants Limited shows a trailing EPS of 2.43 and a trailing PE of 7.71, a price-to-book of 0.63 and book value per share INR 29.89, which signals a deep value tag versus industrial peers. The company reports a strong current ratio 5.98, net cash balance (interest coverage 58.77), and EV/EBITDA 3.47, supporting a conservative valuation case for recovery.
Meyka AI grade and technical read
Meyka AI rates DRA.BO with a score of 59.38 out of 100 (Grade C+ | Suggestion: HOLD); this grade factors S&P 500 comparison, sector and industry peers, financial growth, key metrics, model forecasts and analyst sentiment. On technicals, RSI 54.29, MACD histogram 0.30 and Bollinger middle INR 16.90 show mild bullish momentum, while average 50-day price INR 18.60 and 200-day INR 23.59 indicate the stock remains below longer-term average.
Risks, cashflow and operational flags
Key risks for DRA.BO stock include long receivables (days sales outstanding 204.23) and low turnover (avg volume 11,750), which can pressure working capital cycles despite a current ratio near 5.98. Concentrated client lists, project timing and a modest free cash flow yield 5.58% are additional factors investors should monitor.
Price targets and model forecast
Meyka AI’s forecast model projects a 12-month base-case target of INR 29.16, implying a 55.64% upside from the current INR 18.74; conservative and bullish scenarios are INR 19.44 and INR 38.88 respectively based on EPS multiples of 8, 12 and 16. Forecasts are model-based projections and not guarantees; traders should weigh liquidity and operational risks before positioning. For intra-day context and peer checks use our platform page for DRA.BO at Meyka AI.
Final Thoughts
DRA.BO stock’s 5.40% rise to INR 18.74 on 08 Jan 2026 reflects a short-term value-driven move in a low-volume session on the BSE in India. Fundamentals show a mixed but defensible profile: trailing PE 7.71, EPS 2.43, book value INR 29.89 and a strong current ratio 5.98; those metrics underpin the case for a recovery if receivables convert and project wins continue. Meyka AI rates DRA.BO 59.38/100 (C+, HOLD) and models a 12-month base-case target of INR 29.16, implying 55.64% upside versus the current price of INR 18.74. That outlook assumes steady margin recovery and normalised working capital. Near-term traders can watch INR 16.90 (Bollinger middle) as support and INR 23.59 (200-day average) as a key resistance to confirm broader strength. Remember, forecasts are projections and not guarantees; assess position size against volatility and liquidity constraints before acting. Meyka AI, as an AI-powered market analysis platform, provides these model outputs to help with your research.
FAQs
What drove today’s gain in DRA.BO stock?
DRA.BO stock rose on 08 Jan 2026 largely due to valuation-driven buying and peer comparisons rather than new earnings. Low volume (10,000) amplified the move; investors reacted to cheap multiples like PE 7.71 and price-to-book 0.63.
What is Meyka AI’s 12-month forecast for DRA.BO stock?
Meyka AI’s forecast model projects a 12-month base-case target of INR 29.16 for DRA.BO stock, implying 55.64% upside from the current INR 18.74; forecasts are model-based projections and are not guarantees.
Which valuation ratios matter most for DRA.BO stock?
Key ratios for DRA.BO stock include PE 7.71, EPS 2.43, price-to-book 0.63, and EV/EBITDA 3.47; these show a low market multiple versus book and peer averages, signalling a value recovery case if fundamentals align.
What are the main risks to consider for DRA.BO stock?
Primary risks for DRA.BO stock are long receivables (DSO 204.23), low liquidity (avg volume 11,750), and project timing. These can stretch working capital and delay earnings conversion even if margins remain healthy.
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.
