RAJRAYON.NS Raj Rayon (NSE) 831,016 intraday spike 16 Feb 2026: monitor support

RAJRAYON.NS stock hit the headlines after an intraday volume spike of 831,016 shares on the NSE on 16 Feb 2026. The move pushed price action around INR 35.00, with a 50-day average at INR 32.31 and 200-day average at INR 32.95. Traders noted a relative volume of 24,441.65, which signals outsized participation versus the average volume of 34.00. We examine what drove the volume, how fundamentals and technicals line up, and the risk-reward into a 12-month forecast.