PAVNAIND.NS falls 13.05% on 23 Jan 2026: watch support at INR 16.24
PAVNAIND.NS stock plunged 13.05% to INR 16.53 on 23 Jan 2026 on the NSE as heavy selling hit Pavna Industries Limited (PAVNAIND.NS). The session closed with a volume of 601,327 shares versus an average of 252,173, a relative volume of 2.38, and an intraday low at INR 16.24. This sharp drop puts the name near its 52-week low and raises near-term risk for traders and longer-term questions for investors in the Auto – Parts sector.
PAVNAIND.NS stock: Today’s price action and volume
PAVNAIND.NS stock closed the market on 23 Jan 2026 at INR 16.53, down INR 2.48 or 13.05% from the previous close of INR 19.01 on the NSE. The stock opened at INR 19.12, hit a high of INR 19.69 and a low of INR 16.24 during the session. Volume surged to 601,327 shares, well above the average volume of 252,173, indicating significant selling pressure.
PAVNAIND.NS stock: Fundamentals and valuation
Pavna Industries Limited (PAVNAIND.NS) shows stretched fundamentals where EPS stands at -4.08 and reported PE at -4.05 reflecting recent losses. Market capitalization is approximately INR 229,902,893.00 and book value per share is INR 15.19, producing a price-to-book of 1.16. The company has a current ratio of 1.79 and a debt-to-equity of 0.39, which suggests moderate leverage but thin profitability.
PAVNAIND.NS stock: Technical read and sector context
Technically, PAVNAIND.NS stock is oversold with an RSI of 31.48 and a strong ADX at 54.80, signalling a strong downtrend. The 50-day average price is INR 26.50 and the 200-day average is INR 35.72, both well above the current level and highlighting the recent weakness. In the Consumer Cyclical Auto – Parts sector where peers trade at higher PB and ROCE, Pavna’s lower PB (1.16) may reflect market concern over growth and margins.
PAVNAIND.NS stock: Meyka AI grade and forecast
Meyka AI rates PAVNAIND.NS with a score of 57.10 out of 100, grade C+ and 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 monthly price of INR 17.09 (implied upside +3.39% vs current INR 16.53), a quarterly projection of INR 8.61 (implied downside -47.91%), and a yearly projection of INR 13.11 (implied downside -20.72%). Forecasts are model-based projections and not guarantees.
PAVNAIND.NS stock: Risks, catalysts and trading notes
Key risks for PAVNAIND.NS stock include very high inventory days (227.31), thin cash per share (INR 0.10), low interest coverage (1.60) and net debt-to-EBITDA of 2.94, which could pressure margins if demand softens. Catalysts that could stabilise the stock are stronger aftermarket sales growth, visible EV component contracts, or a positive earnings update. Traders should watch intraday support at INR 16.24 and immediate resistance near INR 19.69.
PAVNAIND.NS stock: Price scenarios and analyst targets
Scenario planning for PAVNAIND.NS stock shows a near-term downside if support at INR 16.24 breaks, with a conservative downside target at INR 12.00. Base-case technical recovery would target INR 17.00 over weeks; an optimistic 12-month price target is INR 25.00 if margins recover and EV contracts materialise. Position sizing should reflect the stock’s volatility and heavy volume spikes.
Final Thoughts
PAVNAIND.NS stock ended the session on 23 Jan 2026 under heavy pressure, closing at INR 16.53 after a 13.05% drop and a volume surge to 601,327 shares on the NSE. Fundamentals show negative EPS (-4.08) and marginal profitability while technical indicators point to an established downtrend (RSI 31.48, ADX 54.80). Meyka AI’s yearly forecast of INR 13.11 implies -20.72% from today’s price, while the monthly model at INR 17.09 implies a modest +3.39% near-term upside; forecasts are model-based and not guarantees. Given the inventory build, low cash per share, and thin coverage metrics, we view Pavna Industries Limited (PAVNAIND.NS) as a higher-risk small-cap in the Auto – Parts space; traders should watch INR 16.24 support and a recovery above INR 19.69 for any trend reversal. Meyka AI, our AI-powered market analysis platform, will continue to monitor volume and earnings cues for updated signals.
FAQs
Why did PAVNAIND.NS stock fall sharply on 23 Jan 2026?
PAVNAIND.NS stock fell 13.05% due to heavy selling and volume spike (601,327 shares). The move follows weak profitability metrics, negative EPS (-4.08), and technical pressure near the 50-day and 200-day averages.
What are key support and resistance levels for PAVNAIND.NS stock?
Key levels: immediate support INR 16.24 (today’s low) and resistance INR 19.69 (today’s high). Watch INR 17.00 as a short-term bounce target and INR 25.00 as a longer-term scenario if fundamentals improve.
How does Meyka AI view PAVNAIND.NS stock and its forecast?
Meyka AI rates PAVNAIND.NS 57.10/100 (C+, HOLD). The model projects monthly INR 17.09, quarterly INR 8.61, and yearly INR 13.11. These are model-based projections and not guarantees.
Is PAVNAIND.NS stock a buy for long-term investors?
Given negative EPS, inventory pressure and low cash per share, PAVNAIND.NS stock carries significant risk for long-term investors without clearer margin recovery or new contracts. Consider further due diligence before investing.
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.
