INR 262 PJL.BO Patdiam Jewellery BSE on 30 Jan 2026: Oversold bounce setup
PJL.BO stock closed at INR 262.00 on 30 Jan 2026, down 1.50% as trading ended on the BSE (market closed). The move left the share below its 50-day average (INR 274.30) and 200-day average (INR 292.27), creating an oversold bounce setup for short-term traders. Volume was 2,250 versus an average 295, pushing relative volume to 7.63 and flagging a high-volatility reversal opportunity. We examine fundamentals, technicals, and a model forecast to frame a measured trading plan.
PJL.BO stock snapshot and company context
Patdiam Jewellery Limited (PJL.BO) trades on the BSE and makes studded jewellery in gold and platinum. The stock closed at INR 262.00, with a market cap of INR 1,131,054,000.00 and shares outstanding 4,317,000.00. Year range: INR 188.70 low and INR 378.00 high. The firm reported EPS INR 27.56 and a trailing PE of 9.51, which is materially below the Consumer Cyclical sector average PE 34.96.
PJL.BO stock technicals: oversold bounce setup
Price is below the 50-day (INR 274.30) and 200-day (INR 292.27) averages, a classic oversold condition that can trigger mean-reversion bounces. Intraday range was tight (Day Low/High INR 262.00), but the high relative volume 7.63 shows active hands moved the stock today. Three-month performance is -9.66%, indicating recent selling pressure that may fuel a short-term rebound if market breadth stabilises.
Fundamentals and valuation for PJL.BO stock
Fundamentals show EPS INR 27.56 and PE 9.51, signalling value against the Consumer Cyclical peer PE of 34.96. Price-to-earnings implies earnings cover current share price comfortably. Average daily volume is low (295.00), so liquidity risk is meaningful for larger orders. Inventory and gold-price sensitivity remain company-specific risks for earnings volatility.
Meyka AI grade and model forecast for PJL.BO stock
Meyka AI rates PJL.BO with a score out of 100: 60.24 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12-month price of INR 449.61, implying an upside of 71.60% versus the current INR 262.00. Forecasts are model-based projections and not guarantees.
Risks, catalysts and trading triggers for PJL.BO stock
Key catalysts: quarterly earnings updates, seasonal jewellery demand, and any margin improvement from product mix. Risks include low liquidity, gold and diamond price swings, and concentrated management. The last earnings announcement listed was 30 May 2025. For an oversold bounce trade, watch a confirmed higher-low on volume and break above INR 295.00 as the first technical target.
Practical oversold bounce strategy for PJL.BO stock
A disciplined trade plan: consider a tactical entry near INR 258.00–262.00 after a volume-backed reversal candle. Place a stop loss at INR 242.00 (about 7.6% below entry) and a near-term profit target at INR 295.00. Use a smaller position size due to low average volume (295.00) and set alerts for any corporate updates. Longer-term investors can weigh model target INR 449.61 against fundamentals before adding.
Final Thoughts
PJL.BO stock at INR 262.00 on 30 Jan 2026 appears set for an oversold bounce trade rather than a long-term recovery without fresh catalysts. The stock trades below both the 50-day (INR 274.30) and 200-day (INR 292.27) averages and shows high relative volume (7.63), which supports a short-term mean-reversion play. Valuation looks inexpensive with EPS INR 27.56 and PE 9.51, well under the sector average PE 34.96, but limited liquidity and commodity sensitivity raise execution risk. Meyka AI rates the stock 60.24/100 (Grade B, HOLD); this grade factors in benchmark and sector comparisons, growth metrics, and consensus signals. Meyka AI’s forecast model projects INR 449.61 in 12 months, an implied upside of 71.60% from today, but forecasts are model-based projections and not guarantees. For traders, a tight entry, clear stop loss near INR 242.00, and a first target near INR 295.00 balance reward with the stock’s liquidity profile. We link company filings and the BSE listing for primary documents and encourage readers to use price alerts and watch earnings for confirmation before increasing exposure. For more real-time signals, see our platform’s PJL.BO stock page powered by Meyka AI.
FAQs
What makes PJL.BO stock an oversold bounce candidate?
PJL.BO stock sits below its 50- and 200-day averages with high relative volume (7.63). Low liquidity and a 3-month decline (-9.66%) create the technical conditions for a short-term mean-reversion bounce if volume confirms a reversal.
What are realistic price targets for PJL.BO stock?
Near-term technical target: INR 295.00 on a confirmed bounce. Meyka AI’s 12-month model target: INR 449.61, an implied upside of 71.60% versus the current INR 262.00. Forecasts are projections, not guarantees.
How does valuation look for PJL.BO stock?
Valuation appears cheap: EPS INR 27.56 and PE 9.51, below the Consumer Cyclical peer average PE 34.96. Cheap valuation helps the rebound thesis but does not remove liquidity and commodity risks.
What stop loss should traders use on PJL.BO stock?
For an oversold bounce trade, consider a stop loss near INR 242.00, about 7.6% below an entry around INR 262.00. Adjust size to account for low average volume (295.00) and personal risk limits.
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.
