Why did PAVNAIND.BO stock drop sharply on 23 Jan 2026?

The drop reflected a mix of technical selling below the 50-day average, thin trading volume with a relative volume of **1.54**, and weak fundamentals (negative EPS **-4.08**). There was no major corporate news reported on the day.

What are immediate support and resistance levels for PAVNAIND.BO stock?

Immediate support is **INR 16.50** (intraday and 52-week low). Near-term resistance is **INR 19.72** (day high), followed by the 50-day average at **INR 26.87**.

How does Meyka AI rate PAVNAIND.BO stock and what does the forecast show?

Meyka AI rates PAVNAIND.BO **57.10 / Grade C+ (HOLD)**. The model projects **INR 19.27** monthly (up **16.65%**), **INR 9.39** quarterly (down **43.18%**) and **INR 10.99** yearly. Forecasts are model-based and not guarantees.

Should long-term investors buy PAVNAIND.BO stock now?

Long-term investors should consider Pavna’s weak profitability, low cash per share, and inventory cycle before buying. If you seek value with balance-sheet comfort, wait for clear signs of earnings recovery or materially higher order visibility.

IN Stocks

PAVNAIND.BO falls 12.92% on 23 Jan 2026 BSE close: Support at INR 16.50

ByDanny Kontos January 23, 2026January 23, 2026

Pavna Industries Limited (PAVNAIND.BO) dropped 12.92% to INR 16.52 at the BSE close on 23 Jan 2026, making it one of the day’s top losers. The sell-off pushed the share to its intraday low of INR 16.50, near the 52-week low. Traders cited thin volumes of 26,664 and weak technicals. In this report we break down why the PAVNAIND.BO stock moved sharply lower, review key ratios, and outline near-term price scenarios for investors and traders.