RAJRAYON.NS Raj Rayon Industries (NSE) volume spike 08 Jan 2026: Watch momentum

RAJRAYON.NS stock closed the session on 08 Jan 2026 after a dramatic intraday volume surge that dwarfed normal trading. Raj Rayon Industries Limited (NSE) finished at INR 35.00 while volume hit 831,016 shares versus an average of 34, giving a relative volume of 24,441.65. The spike implies fresh interest from traders or a block trade. We break down price action, valuation, sector context, and our model forecast to help traders decide next steps.

RAJRAYON.NS stock: Volume spike and session snapshot

The clearest signal today was the volume. RAJRAYON.NS stock recorded 831,016 shares on 08 Jan 2026, compared with an avg volume 34, a 24,441.65x jump. The session closed with price 35.00 INR and no net change from the previous close. High relative volume on a flat close suggests large orders matched without sustained directional follow-through.

RAJRAYON.NS stock: Price action and technical reference points

Price traded between a day low 0.35 INR and day high 35.00 INR with opening print at 0.40 INR. The 50-day average is 32.31 INR and the 200-day average is 32.95 INR, both below the close, which keeps short-term bias neutral-to-bullish. Year range remains wide: year high 60.00 INR and year low 0.35 INR, highlighting episodic volatility.

RAJRAYON.NS stock: Fundamentals and valuation metrics

Reported metrics show mixed signals. Trailing EPS is 1869.65 and the reported PE ratio on the feed is 0.02, an outlier likely due to accounting items. Cash per share is 10.60 INR and current ratio is 0.03, pointing to tight liquidity. Book value per share is deeply negative, and enterprise value is 7,093,286,000.00 INR, so valuation requires caution.

RAJRAYON.NS stock: Meyka AI grade and model forecast

Meyka AI rates RAJRAYON.NS with a score out of 100: 48/100, Grade C, 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 3‑month target of 45.00 INR (implied upside 28.57% from 35.00 INR) and a 12‑month target of 55.00 INR (implied upside 57.14%). Forecasts are model-based projections and not guarantees.

RAJRAYON.NS stock: Sector context and catalysts

Raj Rayon Industries operates in Consumer Cyclical, Apparel – Manufacturers, and benefits from export demand. The Consumer Cyclical group has shown mixed performance recently, with 6‑month sector gains but YTD weakness. Key catalysts for RAJRAYON.NS stock include export order updates, raw material costs for polyester, and any corporate filings that explain the volume spike.

RAJRAYON.NS stock: Risks, liquidity and trading strategy

The largest risk is extreme price volatility and thin typical liquidity outside today’s spike. Average volume of 34 shares means trades can swing prices widely. For volume‑spike strategies, consider scaling into positions, using tight stop losses, or waiting for a follow‑through day above 50‑day average 32.31 INR on sustained volume. Confirm news at the company site and exchange before acting.

Final Thoughts

Key takeaways on RAJRAYON.NS stock for the 08 Jan 2026 close: the defining fact is a massive volume spike — 831,016 shares versus an average 34 — that signals concentrated activity but not yet a clear trend. Fundamentals are mixed: EPS 1869.65, cash per share 10.60 INR, very low current ratio 0.03, and negative book value. Meyka AI’s proprietary grade gives RAJRAYON.NS a 48/100 (C, HOLD) based on benchmark and sector comparisons. Our model projects 45.00 INR in three months (up 28.57%) and 55.00 INR in 12 months (up 57.14%), but these are model outputs and not guarantees. Traders should watch for confirmation: a follow‑through session with elevated volume and a close above 50‑day average 32.31 INR would support momentum. Check official filings and company releases before trading. Use position sizing and stops given the stock’s historical wide range.

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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.