PARASPETRO.BO Paras Petrofils on BSE +43.31% intraday 29 Jan 2026: volume spike

We saw PARASPETRO.BO stock surge 43.31% intraday on 29 Jan 2026 on the BSE as volume jumped to 327,165 shares. This move lifted the price to INR 2.25 from the prior close of INR 1.57, and traded at a day range of INR 2.07–2.25. Thin average liquidity and a low float helped amplify the intraday move. We examine drivers, fundamentals, technicals and short-term forecasts for Paras Petrofils Limited (PARASPETRO.BO) on the BSE.

Intraday price action and market stats for PARASPETRO.BO stock

Today PARASPETRO.BO stock hit INR 2.25, up 43.31% intraday on BSE with volume 327,165 versus avg volume 25,789. The stock opened at INR 2.08 and the day high was INR 2.25. Year range is INR 1.55–3.25, market cap is INR 628,335,480, and shares outstanding are 334,221,000. The high relative volume (rel.volume ~ 8.92) indicates short-term speculative interest rather than broad institutional buying.

Why the spike: liquidity, comparisons and sector context

The immediate driver appears to be a liquidity squeeze and re-rating on low supply of actively traded shares. PARASPETRO.BO averages 25,789 shares daily but traded 327,165 today, creating a volume-induced price move. There is no material operations update from the company; publicly available comparisons and screeners on Investing.com have been used by traders to re-evaluate the stock source.

Fundamentals snapshot and valuation for PARASPETRO.BO stock

Paras Petrofils Limited shows minimal current operations and weak earnings metrics. Reported EPS is INR -0.01 and published P/E is -188.00, reflecting negative earnings. Book value per share is INR 0.62, and price-to-book is 3.02. Working capital stands at INR 173,205,000 and cash per share is INR 0.03. These numbers underline an asset-light profile with limited operating cash flow.

Technical picture and trading levels for PARASPETRO.BO stock

Momentum indicators are mixed: RSI is 50.34 and MACD histogram shows slight positive bias (MACD hist 0.02). The 50-day average is INR 1.93 and the 200-day average is INR 2.35. Short-term support lies near the day low INR 2.07 and psychological support around the year low INR 1.55. Near-term resistance to watch is INR 2.80, then the year high INR 3.25.

Meyka AI rates PARASPETRO.BO with a score out of 100

Meyka AI rates PARASPETRO.BO with a score of 57.41 out of 100 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company-level rating from another screener shows a company rating of C- with a recommendation of Strong Sell, highlighting governance and profitability concerns. These grades are informational and not financial advice.

Meyka AI forecast and price targets for PARASPETRO.BO stock

Meyka AI’s forecast model projects a monthly price of INR 1.22, a quarterly price of INR 1.63, and a yearly price of INR 0.73. Compared with the current price INR 2.25, the model implies a monthly downside of -45.78%, a quarterly downside of -27.56%, and a yearly downside of -67.43%. Forecasts are model-based projections and not guarantees. Given today’s technical action, we offer a trader-focused near-term target of INR 2.80 and a conservative stop near INR 1.50 for risk management.

Final Thoughts

PARASPETRO.BO stock is an intraday top gainer on 29 Jan 2026 after a volume-fueled rally to INR 2.25, up 43.31% on the BSE. The move is characteristic of low-liquidity microcap trading rather than a sustained operational turnaround. Fundamentals show negative EPS (INR -0.01) and a negative P/E, while price-to-book sits at 3.02. Meyka AI’s model projects lower medium-term values (monthly INR 1.22, quarterly INR 1.63, yearly INR 0.73), implying downside from current levels; these are model outputs not guarantees. Traders looking to engage should treat today as a short-term trading event: consider tight stops, respect support at INR 1.55 and watch immediate resistance at INR 2.80. For longer-term investors, the lack of meaningful operations and mixed ratings argue for caution and deeper due diligence. We use Meyka AI as an AI-powered market analysis platform to highlight data-driven risks and opportunities and recommend position sizing that limits downside exposure.

FAQs

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.