Why did PENIND.NS stock drop pre-market on 17 Feb 2026?

The stock fell after the 16 Feb 2026 earnings update that flagged weaker near-term margins and working capital pressure. Higher receivable and inventory days and a low interest coverage ratio amplified selling in pre-market trade.

What are the key valuation metrics for PENIND.NS stock?

Trailing PE is **16.83**, PB is **2.24**, EPS is **9.66**, and debt to equity is **0.93**. These metrics show a valuation discount versus the Industrials sector but with higher leverage risk.

What price targets does Meyka AI give for PENIND.NS stock?

Meyka AI's forecast model projects **INR 214.24** monthly and **INR 285.03** twelve months. Practical near-term and upside targets are **INR 195.00** and **INR 285.00** respectively. Forecasts are projections, not guarantees.

What should investors watch next for PENIND.NS stock?

Watch company guidance, order book updates, cash flow reports, and working capital metrics. Stabilisation above the Bollinger middle band near **INR 172.48** would be a technical sign to monitor.

IN Stocks

PENIND.NS Pennar Industries (NSE) 17 Feb 2026 pre-market: earnings miss, guidance key

ByDanny Kontos February 17, 2026February 17, 2026

We start pre-market on 17 Feb 2026 with PENIND.NS stock trading at INR 162.54, down 8.59% after an earnings update on 16 Feb 2026. The move followed mixed results on EPS and a weaker near-term margin outlook that analysts flagged. Pennar Industries Limited (NSE, India) reported EPS 9.66 and a trailing PE near 16.83, while volume jumped to 9,397,164 versus an average of 646,502. As an AI-powered market analysis platform, Meyka AI is tracking guidance, working capital trends, and order inflows that will shape the next session.