Pre-market: MESON.BO Meson Valves India Ltd (BSE) INR 370.15 oversold bounce
The MESON.BO stock opens pre-market at INR 370.15, showing a short-term bounce after a prolonged drawdown. We see a classic oversold-bounce setup: price is below the 50-day average but off the intraday low of INR 360.00. Volume is light at 19,200.00 shares, suggesting traders pushed a quick recovery. This note sets out the technical trigger, valuation context, key risks and a model forecast to guide a short-term oversold bounce strategy on Meson Valves India Limited (BSE).
MESON.BO stock: Quick snapshot
Meson Valves India Limited (MESON.BO) trades on the BSE at INR 370.15 with a day range INR 360.00–INR 374.00 and market cap INR 3796850640.00. Reported EPS is 6.68 and PE is 55.41. The company sits in the Industrials sector, Industrial – Machinery industry, and operates from Pune, India. For company details, see the official site source.
Why an oversold bounce in MESON.BO stock
MESON.BO stock is coming off steep longer-term declines with a 1-year change of -62.67% and YTD -34.40%, but the latest one-day move shows a INR 20.85 recovery, pointing to a short-term bounce trade. The oversold-bounce thesis is a tactical long where traders look for mean-reversion toward the 50-day average near INR 397.44.
MESON.BO stock fundamentals and valuation
Fundamentally, Meson shows solid balance-sheet metrics: book value per share INR 65.98, current ratio 4.06, and debt-to-equity 0.29, indicating low leverage. Valuation is rich versus peers: price-to-book 5.66 and price-to-sales 5.65, and the trailing PE of 55.41 suggests market expectations for higher growth or limited liquidity discounts.
MESON.BO stock technical setup
Technically the stock sits below both the 50-day average (INR 397.44) and 200-day average (INR 427.93), with ATR INR 10.95 implying intraday swings. Short traders may cover around INR 397.44; momentum buyers can target a first resistance band at INR 405.00 and a secondary at INR 427.93.
Risks and catalysts for MESON.BO stock
Key risk drivers include very long receivables (days sales outstanding 319.80), negative free cash flow per share -0.99, and thin average liquidity (avg volume 21,168.00). Potential catalysts are order wins, improved working-capital conversion, or sector recovery in Industrials where peers may outperform.
Meyka AI grade and MESON.BO stock forecast
Meyka AI rates MESON.BO with a score out of 100: 61.72 | Grade: B | 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 12-month level near INR 450.00, an implied upside of 21.58% versus INR 370.15 today. Forecasts are model-based projections and not guarantees. For live metrics see our stock hub Meyka stock page.
Final Thoughts
Short-term traders can treat MESON.BO stock as an oversold-bounce candidate while recognising valuation and working-capital limits. The immediate signal is a bounce off the intraday low INR 360.00 with first resistance near the 50-day average INR 397.44. Fundamental strengths include a clean balance sheet (current ratio 4.06, debt-to-equity 0.29), but valuation is demanding with PE 55.41 and price-to-book 5.66, which means any sustained rally needs better cash conversion or fresh order flow. Our model projects a 12-month target near INR 450.00 (implied upside 21.58% vs INR 370.15). Use tight stops because liquidity is light (avg vol 21,168.00) and receivables remain stretched. Meyka AI provides this AI-powered market analysis to add context, but these views are informational and not investment advice.
FAQs
Is MESON.BO stock a buy on this pre-market bounce?
The pre-market bounce is a tactical opportunity for short-term traders targeting mean reversion. Consider stops below INR 360.00 and scale out near INR 397.44. This is not a long-term buy unless cash conversion and revenue trends improve.
What are the main valuation red flags for MESON.BO stock?
Valuation concerns include a trailing PE of 55.41, price-to-book 5.66, and negative free cash flow per share -0.99, which make the stock sensitive to growth misses and liquidity shocks.
How does Meyka AI arrive at its MESON.BO stock grade?
Meyka AI rates MESON.BO with a score out of 100 using S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. The current score is 61.72, Grade B, suggestion HOLD.
What price target should traders watch for the oversold bounce?
Watch the 50-day average at INR 397.44 as the first target and a secondary near INR 427.93 (200-day). Our model lists a 12-month projection of INR 450.00, with an implied upside of 21.58%.
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.