INR 262.00: PJL.BO Patdiam Jewellery (BSE) oversold bounce watch 22 Jan 2026
The PJL.BO stock closed at INR 262.00 on the BSE on 22 Jan 2026, down 1.50% with volume 2,250.00 shares, signaling a potential oversold bounce setup. The share trades below its 50-day average of INR 274.30 and 200-day average of INR 292.27, while relative volume is elevated at 7.63, which often precedes short-term reversals. Investors seeking a tactical oversold bounce should weigh the low valuation and liquidity spike against sector weakness and gold-linked demand risk.
PJL.BO stock technicals and price action
Price action shows Patdiam Jewellery Limited (PJL.BO) at INR 262.00, matching the session low and below both moving averages.
The stock recorded volume 2,250.00, above average volume 295.00, flagging renewed trader interest and a short-term oversold bounce setup.
Valuation snapshot and fundamentals for PJL.BO stock
PJL.BO trades at PE 9.51 with EPS 27.56, highlighting a low multiple versus the Consumer Cyclical sector average PE 34.29.
Market cap stands at INR 1131054000.00 with shares outstanding 4,317,000.00, showing this is a small-cap, thinly traded stock with value characteristics.
Sector context and risks for PJL.BO stock
Patdiam sits in Consumer Cyclical where YTD performance is down 7.25%, reflecting weaker discretionary demand.
Key risks include gold and diamond input cost swings, seasonal jewellery demand, and thin liquidity that can amplify price moves.
Meyka AI grade and model view on PJL.BO stock
Meyka AI rates PJL.BO with a score out of 100: Score 60.12 | Grade B | Suggestion: HOLD.
This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus; grades are informational and not investment advice.
PJL.BO stock forecast and price-target scenarios
Meyka AI’s forecast model projects a quarterly target INR 283.71 and a yearly target INR 449.61 for PJL.BO stock.
The quarterly target implies an upside of 8.30%, while the yearly target implies an upside of 71.64% versus the current INR 262.00; forecasts are model-based projections and not guarantees.
Trading strategy — oversold bounce setup for PJL.BO stock
A tactical oversold bounce approach would size positions small and use tight stops near the year low INR 188.70.
Targeting the 50-day average INR 274.30 as the first take-profit and the quarterly model INR 283.71 as a secondary target fits a short-term mean-reversion plan.
Final Thoughts
PJL.BO stock closed at INR 262.00 on 22 Jan 2026 with heavy relative volume, which fits an oversold bounce playbook for disciplined traders. Valuation is attractive with PE 9.51 and EPS 27.56, while the stock remains below its 50- and 200-day averages. Meyka AI’s model projects INR 283.71 over the next quarter and INR 449.61 over 12 months, implying short-term upside 8.30% and longer-term upside 71.64% versus current price. We rate this a tactical HOLD on rebounds, not a long-term buy call; position sizing, stop-loss near INR 188.70, and attention to gold and seasonal demand are essential. Meyka AI provides this AI-powered market analysis platform insight to help frame scenarios; forecasts are model-based projections and not guarantees.
FAQs
Is PJL.BO stock a buy after the recent drop?
PJL.BO stock shows an oversold bounce setup but carries liquidity and commodity risks. Meyka AI grades it B (HOLD) and suggests small, disciplined positions with a stop near INR 188.70 rather than an outright buy.
What is the short-term price target for PJL.BO stock?
Meyka AI’s short-term model projects a quarterly target of INR 283.71 for PJL.BO stock, implying about 8.30% upside from the current INR 262.00. This is a model projection, not a guarantee.
Which metrics matter most for PJL.BO stock?
Key metrics are PE 9.51, EPS 27.56, volume versus average, and the relationship to 50/200-day averages. Monitor gold/diamond prices and Consumer Cyclical demand trends for performance cues.
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.
