PJL.BO Patdiam Jewellery BSE close INR 262.00 on 08 Jan 2026: Oversold bounce setup
PJL.BO stock closed at INR 262.00 on 08 Jan 2026, down 1.50% on thin but active trade, creating an oversold bounce setup for short-term traders. The move came on volume 2,250.00 versus a 50-day average near INR 274.30, and the stock trades below both 50-day and 200-day averages. Given a low float and a PE of 9.51 with EPS 27.56, mean reversion toward the quarterly forecast near INR 285.47 is a realistic near-term target.
Quick market snapshot for PJL.BO stock
PJL.BO stock closed on BSE at INR 262.00 on 08 Jan 2026 with a daily change of -4.00 INR (‑1.50%). Volume was 2,250.00 against average volume 295.00, giving a relative volume of 7.63. Market cap stands at INR 1,131,054,000.00 and shares outstanding are 4,317,000.00.
Why an oversold bounce may be due for PJL.BO stock
Price sits below the 50-day average (INR 274.30) and 200-day average (INR 292.27), increasing the chance of a short-term bounce toward the 50-day mean. The stock’s trading range today (day low/high INR 262.00/262.00) and spiked volume point to thin liquidity and volatile overnight moves. With a low float and high rel volume, small buy flows can produce rapid rebounds.
Valuation and fundamentals: PJL.BO stock metrics
Patdiam Jewellery Limited shows an EPS of 27.56 and a PE of 9.51, suggesting value relative to many consumer cyclical peers. Year high is INR 378.00 and year low is INR 188.70, so downside from today to the low is -27.98%. The company reports small employee count (42.00) and focuses on studded jewellery production in India.
Technical setup and risk for an oversold bounce
Technical indicators are unreliable due to the stock’s very low trading activity and many N/A readings, but price action shows a classic oversold look. The modern oversold-bounce trade here targets a near-term resistance at INR 285.47 (quarterly model) and a stop below INR 240.00 to control downside. Key risks include low liquidity, sector weakness in Consumer Cyclical (YTD -7.83%), and single-stock volatility.
Meyka AI rates PJL.BO with a score out of 100 and forecast
Meyka AI rates PJL.BO with a score out of 100: 58.75 / 100, Grade C+ — Suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a near-term quarterly price of INR 285.47 and a 1-year price of INR 391.17. Versus the current INR 262.00, the 1-year model implies an upside of 49.30%. Forecasts are model-based projections and not guarantees.
Catalysts, sector context and trade plan for PJL.BO stock
Catalysts that could trigger a bounce include positive quarterly earnings surprises, retail festival demand, and any sector rotation back into Consumer Cyclical. The Consumer Cyclical sector is down YTD -7.83%, which can magnify reversals when sentiment improves. A tactical trade plan: buy a small position on confirmed intraday strength, set a tight stop, and target INR 285.47 first, then INR 391.17 on multi-week conviction.
Final Thoughts
PJL.BO stock closed at INR 262.00 on 08 Jan 2026 under thin trading yet showed a clear oversold setup. Valuation is modest with PE 9.51 and EPS 27.56, and Meyka AI’s models project INR 285.47 for the quarter and INR 391.17 in 12 months, implying 8.96% near-term upside and 49.30% one-year upside versus today. Key risks are low liquidity, sector weakness in Consumer Cyclical, and share-level volatility that can widen bid-ask spreads. For traders, a measured oversold-bounce approach with tight stops and position sizing is prudent. For longer-term investors, hold until clearer volume-driven trend confirmation or improved fundamentals. Forecasts are model-based projections and not guarantees.
FAQs
Is PJL.BO stock a buy after the 08 Jan 2026 close?
PJL.BO stock shows an oversold bounce opportunity but liquidity risk is high. Traders may take small, well-sized positions with tight stops. Longer-term investors should wait for clearer volume confirmation or improved earnings before adding material exposure.
What price targets exist for PJL.BO stock?
Meyka AI models target INR 285.47 for the near term and INR 391.17 in one year. The implied one-year upside versus INR 262.00 is 49.30%. These are projections, not guarantees.
What are the main risks to a PJL.BO stock bounce trade?
Main risks include very low liquidity, wide intra-session moves, Consumer Cyclical sector weakness, and company-specific shocks. Use tight stops and limit position size when trading this stock.
Where can I find official company details for PJL.BO stock?
Official company details are on the Patdiam website and public filings. See the company site for corporate information and product lines Patdiam Jewellery.
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.
