Why did HEERAISP.BO stock drop 20% intraday?

HEERAISP.BO stock fell due to thin liquidity, a heavy volume spike of **24,066** shares, and weak sector sentiment in steel; there were no major positive company announcements to offset selling.

What are the key support and resistance levels for HEERAISP.BO stock?

Immediate support is the intraday low **INR 6.08** and the 52-week low **INR 5.00**; resistance includes the session middle at **INR 7.70** and the 50/200-day averages near **INR 8.03**.

What is Meyka AI's view and forecast for HEERAISP.BO stock?

Meyka AI rates HEERAISP.BO **62.76/100** (Grade B, HOLD) and forecasts a yearly price of **INR 8.03**, implying **+32.06%** versus the current **INR 6.08**; forecasts are model-based and not guarantees.

Should investors buy HEERAISP.BO stock after this fall?

Given negative EPS **-1.17**, negative book value, and thin liquidity, we recommend caution; consider position sizing, waits for earnings improvement, and clear recovery signals before buying HEERAISP.BO stock.

IN Stocks

HEERAISP.BO down 20% intraday on 28 Jan 2026 BSE: watch support at INR 6.08

ByDanny Kontos January 28, 2026January 28, 2026

HEERAISP.BO stock fell 20.00% intraday to INR 6.08 on 28 Jan 2026 on the BSE, making it one of the market’s top losers today. We see heavy selling after the stock opened at INR 7.70 and hit a day high of INR 8.85 before collapsing to the low. Volume surged to 24,066 shares, roughly 4.15x the average, signalling aggressive outflows. This move amplifies year-to-date weakness and puts the next support near the 52-week low of INR 5.00.