DRA.BO up 17.25% to INR 16.65 on BSE pre-market 28 Jan 2026: watch volume
DRA.BO stock jumped 17.25% pre-market to INR 16.65 on 28 Jan 2026 as trading volume picked up to 7,500.00 shares. The move followed a gap open from INR 15.50 and lifts the one-day gain after yesterday’s close of INR 14.20. Traders are watching whether volume sustains above the average daily volume of 11,081.00 to confirm momentum. We summarise the fundamentals, technicals, Meyka AI grade and near-term price targets for DRA Consultants Limited (BSE, India).
Pre-market price action and volume signals for DRA.BO stock
DRA.BO stock opened at INR 15.50 and hit a pre-market high of INR 16.65 on 28 Jan 2026. Volume for the session was 7,500.00, below the 50-day average but up from the previous close, signalling initial interest. Price volatility is reflected in an ATR of 1.46 and a Bollinger middle band at INR 16.90.
Fundamentals: valuation and balance-sheet markers
DRA Consultants Limited shows a trailing EPS of INR 2.43 and a market PE near 6.85 on the latest quote, with a price-to-book ratio of 0.56. The company reports a strong current ratio of 5.98 and no net debt, giving financial flexibility. These metrics place DRA.BO below the Industrials sector average PE of 33.25, indicating relative valuation support.
Technical snapshot and short-term triggers
Momentum indicators are mixed: RSI is 54.29, MACD histogram is 0.30, and CCI reads 110.01 suggesting short-term strength. ADX at 15.36 shows no clear trend yet. Key intraday levels: immediate resistance near INR 19.20 (BB upper) and support at INR 14.61 (BB lower). A sustained daily volume above 11,081.00 would increase the odds of a continuation.
Sector context and news flow affecting DRA.BO stock
DRA Consultants operates in Engineering & Construction within Industrials. The sector average PE is 33.25, so DRA.BO’s valuation looks inexpensive on PE and PB metrics. Market attention also rose after DRA Americas was named on FEED packages in a Highland Copper update, which may attract interest in DRA-related engineering franchises source. General small-cap engineering news and peer comparisons are available on Investing.com source.
Meyka AI grade and model context for DRA.BO stock
Meyka AI rates DRA.BO with a score out of 100: 65.63 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The B grade reflects low leverage, a PB of 0.56, but stretched receivables (DSO 256.74 days) and lower liquidity in daily trading. These grades are informational and not financial advice.
Analyst view, price targets and risks
Analyst consensus data is limited. Our valuation range: conservative target INR 13.50 (downside ~18.92%) and base-case target INR 20.00 (upside ~20.12%). Key risks: long receivables cycle, low daily liquidity, and project execution delays. Upside drivers: continued win momentum on engineering contracts and consistent cash conversion improvement.
Final Thoughts
Key takeaways: DRA.BO stock is trading at INR 16.65 in BSE pre-market on 28 Jan 2026 after a 17.25% one-day rise on a volume pickup to 7,500.00. Fundamentals show a low PE of 6.85, EPS INR 2.43, PB 0.56, and zero net debt, supporting a cautious value case. Technicals are mixed; RSI 54.29 and CCI 110.01 point to short-term strength but ADX 15.36 shows no established trend. Meyka AI’s forecast model projects a monthly figure of INR 6.96, an implied downside of 58.19% versus the current price of INR 16.65; forecasts are model-based projections and not guarantees. Our analyst-range price targets sit between INR 13.50 and INR 20.00 based on valuation and liquidity assumptions. Watch for follow-through volume above 11,081.00 and any corporate updates. Meyka AI, an AI-powered market analysis platform, provides this summary to inform traders and long-term investors; grades and forecasts are informational and not investment advice.
FAQs
Why did DRA.BO stock spike pre-market today?
The pre-market spike to INR 16.65 (+17.25%) came with a volume rise to 7,500.00. Market interest likely reflects short-term traders reacting to contract-related headlines and technical buying. Low liquidity magnifies moves in DRA.BO stock, so follow-through volume is key.
Is DRA.BO stock undervalued based on fundamentals?
On raw multiples DRA.BO looks inexpensive: PE around 6.85 and PB 0.56 versus sector PE 33.25. Strong current ratio and no net debt support valuation, but long receivables and low trading liquidity raise operational risk.
What are realistic price targets for DRA.BO stock?
We set a conservative target of INR 13.50 and a base-case target of INR 20.00. Targets reflect current PE, cash position, and execution risk. These are guideposts, not guarantees.
How does Meyka AI rate DRA.BO stock?
Meyka AI rates DRA.BO with a score out of 100: 65.63 (Grade B, Suggestion: HOLD). The grade combines benchmark, sector, financial growth, key metrics and analyst inputs. Grades are informational and not financial 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.
