PARAGONF.BO Paragon Finance BSE +20% pre-market 31Jan2026: key INR40.25
PARAGONF.BO stock jumped 19.995% to INR 48.19 in pre-market trade on 31 Jan 2026 after opening at INR 40.25 on the BSE. The intraday lift followed thin volume of 419 shares versus an average of 1,549, and pushed the share to its day high of INR 48.19 from a previous close of INR 40.16. We review technicals, valuation and Meyka AI model signals to explain why Paragon Finance Limited (PARAGONF.BO) is a top gainer in the Financial Services sector this session.
Intraday move and immediate catalysts
Paragon Finance (PARAGONF.BO) led pre-market gains with a +19.995% move on 31 Jan 2026 on the BSE, driven by a low-volume gap up from INR 40.16 to INR 48.19. The move is likely driven by short-term buying and microcap re-rating rather than a formal earnings release, as the company has no confirmed earnings announcement date.
PARAGONF.BO stock technicals
Technicals show mixed momentum: RSI is 50.15, MACD is -0.64 with a histogram of -0.01, and ADX reads 34.61 indicating a strong trend. Bollinger Bands sit at upper INR 54.23, middle INR 50.73, lower INR 47.24, so the current print at INR 48.19 is inside the band and near the lower-to-middle band region.
Fundamentals and valuation snapshot
Paragon Finance Ltd. reports EPS INR 1.98 and a trailing PE of 24.34, with book value per share INR 76.25 and a PB ratio of 0.63. Market capitalisation stands at INR 204,807,500.00 with 4,250,000 shares outstanding, showing a low debt-to-equity of 0.02 compared with sector averages.
Meyka stock grade and model forecast
Meyka AI rates PARAGONF.BO with a score out of 100: 65.98 (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 yearly price of INR 38.76, a monthly price of INR 40.96, and a quarterly price of INR 36.25; forecasts are model-based projections and not guarantees.
Price targets, upside and downside math
Using the model yearly forecast INR 38.76 versus current INR 48.19, implied downside is -19.56%; the monthly projection INR 40.96 implies -15.01% and the quarterly INR 36.25 implies -24.78%. As an alternate scenario, a near-term trader target of INR 60.00 would imply +24.53% upside from the current price, while a conservative support target sits at INR 40.25.
Trading note and sector context
Volume is light at 419 versus average 1,549, so price action may lack institutional confirmation; watch for follow-through volume above 1,549 to validate the move. In the Financial Services sector, PARAGONF.BO’s PE of 24.36 and PB of 0.63 look cheap against sector average PE 31.6 and PB 2.68, but small-cap liquidity and margin volatility raise execution risk.
Final Thoughts
PARAGONF.BO stock is the session’s pre-market top gainer on the BSE, jumping to INR 48.19 on 31 Jan 2026 with a near-term support at INR 40.25 and limited volume confirming the move. Valuation metrics show a low PB of 0.63 and modest EPS INR 1.98, while a trailing PE of 24.34 sits below the Financial Services sector PE of 31.6, suggesting relative value if liquidity risks are managed. Meyka AI’s forecast model projects a yearly price of INR 38.76, implying -19.56% from today’s level; forecasts are model-based projections and not guarantees. For short-term traders the path to validate strength is rising volume above 1,549 and a sustained close above INR 50.70 (50-day average). For longer-term investors, the company’s low debt-to-equity (0.02) and book value per share INR 76.25 are attractive, but operating margin metrics and thin trading liquidity increase risk. We recommend monitoring follow-through volume, quarterly updates, and sector movement; Meyka AI, an AI-powered market analysis platform, will track changes and update its score if material events occur.
FAQs
Why did PARAGONF.BO stock spike pre-market today?
The spike to INR 48.19 on 31 Jan 2026 happened on thin volume and may reflect short-term buying or microcap re-rating rather than a confirmed corporate event. No official earnings announcement was listed at the time of the move.
Is PARAGONF.BO stock overvalued compared with peers?
Paragon Finance trades at PE 24.34 and PB 0.63, which is cheaper than Financial Services sector averages (PE 31.6, PB 2.68). Lower valuation is offset by thin liquidity and volatile margins, so valuation alone is not conclusive.
What are the key technical levels to watch for PARAGONF.BO stock?
Key near-term support is INR 40.25 and resistance sits near the 50-day average at INR 50.73. Confirming the rally requires follow-through volume above the average 1,549 shares.
What does Meyka AI forecast for PARAGONF.BO stock?
Meyka AI’s forecast model projects a yearly price of INR 38.76 for PARAGONF.BO, implying about -19.56% from the current INR 48.19; forecasts are model-based projections and not guarantees.
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.
