MESON.BO closes 02 Jan 2026 at INR 370.15: Oversold bounce may target INR 427.93

MESON.BO stock closed on the BSE at INR 370.15 on 02 Jan 2026 after an intraday range of INR 360.00 to INR 374.00, signalling a short-term oversold bounce opportunity. Trading volume of 19,200 shares matched near-average flows (avg 21,168), while a trailing PE of 55.41 and EPS of 6.68 show rich valuation against peers. In this note we connect the price action to key fundamentals and technicals, frame realistic price targets, and present Meyka AI’s data-driven view of Meson Valves India Limited as an oversold bounce candidate in the Industrials sector in India.