TARACHAND.NS down 17.95% pre-market 31 Jan 2026 (NSE): watch INR 61.55 support
The TARACHAND.NS stock plunged 17.95% in pre-market trade on 31 Jan 2026, trading at INR 62.77 after an open of INR 77.92 on the NSE. The sharp move makes the name one of the top losers in the pre-market session and came with heavy volume of 704,317.00 shares, nearly 4.09x the average. Traders are watching intraday support at INR 61.55 and the 50-day average near INR 75.68 for signs of a rebound or further weakness.
TARACHAND.NS stock: intraday price action and liquidity
One clear fact: TARACHAND.NS opened at INR 77.92 and hit a day high of INR 78.00 before sliding to a day low of INR 61.55, closing the pre-market print at INR 62.77. Reported volume was 704,317.00 versus average volume 170,288.00, giving a relative volume of 4.09 which signals heavy selling pressure.
Why the slide: earnings, multiples and fundamentals
Tara Chand Infra Soln Ltd reported trailing EPS of INR 3.43 and trades at a PE of 18.30. Recent earnings were announced on 21 Jan 2026 and mixed signals in margins and working capital appear to have amplified selling. The company’s net income per share is 3.43 and revenue per share is 34.63, showing operational scale but tighter near-term margins.
Technical snapshot and support levels for TARACHAND.NS stock
Technicals show a neutral to oversold bias: RSI 42.30, MACD histogram -0.06, and CCI -185.73. Key technical supports are INR 61.55 (today’s low) and the year low INR 46.50. Short-term resistance sits at the 50-day average INR 75.68 and the 200-day average INR 72.44.
Meyka AI rates TARACHAND.NS with a score out of 100
Meyka AI rates TARACHAND.NS with a score out of 100: 71.29 / 100 (Grade: B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The internal model balances strong ROE 21.44% and improving revenue growth against elevated payables and leverage.
Meyka AI’s forecast model projects and implied moves
Meyka AI’s forecast model projects a yearly target of INR 98.21 and a monthly target of INR 81.48. Versus the current INR 62.77, the yearly forecast implies an upside of 56.48% and the monthly target implies 29.82% upside. Forecasts are model-based projections and not guarantees.
Valuation, balance-sheet cues and sector context
Market cap stands at INR 4,947,838,973.00 with book value per share INR 17.20 and PB ratio 3.65. Debt-to-equity is 0.96 and current ratio 1.64, giving modest coverage while interest coverage is 5.21. The stock sits in Industrials (Agricultural – Machinery) where 1Y sector performance is negative; the Industrials sector YTD sits near -6.48%, adding pressure on cyclicals.
Final Thoughts
TARACHAND.NS stock’s 17.95% pre-market drop on 31 Jan 2026 highlights short-term selling and stretched intraday liquidity. Key immediate levels are INR 61.55 support and resistance at INR 75.68 and INR 72.44 (50- and 200-day averages). Fundamentals show EPS INR 3.43, PE 18.30, PB 3.65, ROE 21.44%, and manageable interest coverage 5.21, which helps explain why our grade remains constructive despite the hit. Meyka AI’s forecast model projects a yearly target of INR 98.21, implying 56.48% upside from INR 62.77, while the monthly target of INR 81.48 implies 29.82% upside. Use tight risk controls: watch volume, set stops below INR 61.55, and reassess if the stock closes below the year low INR 46.50. This analysis uses real-time price and company metrics and is produced with support from Meyka AI, an AI-powered market analysis platform. Forecasts are model-based projections and not guarantees.
FAQs
Why did TARACHAND.NS stock fall sharply in pre-market on 31 Jan 2026?
The sharp fall reflects heavy selling after the recent earnings update, higher-than-average volume (704,317.00), and pressure from short-term technical signals. Valuation metrics plus working capital swings likely amplified the move.
What support and resistance levels should traders watch for TARACHAND.NS stock?
Watch immediate support at INR 61.55 and year low INR 46.50. Near-term resistance is the 50-day average INR 75.68 and 200-day average INR 72.44.
What is Meyka AI’s forecast for TARACHAND.NS stock and should I treat it as a target?
Meyka AI’s forecast model projects INR 98.21 for one year and INR 81.48 for one month. These are model-based projections and not guarantees; use them alongside your risk plan and due diligence.
How do TARACHAND.NS fundamentals look after the drop?
Fundamentals show EPS INR 3.43, PE 18.30, PB 3.65, ROE 21.44%, debt-to-equity 0.96 and current ratio 1.64. The company shows profitability but elevated payables and capital dynamics to monitor.
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.
