Volume spike: DIGJAMLTD.NS (Digjam Ltd, NSE) INR 82.99 16 Jan 2026: caution
Digjam Limited (DIGJAMLTD.NS) closed at INR 82.99 on 16 Jan 2026 after a one-day volume spike to 171,226 shares, roughly 103.27x its average volume. The volume surge pushed price slightly higher by 1.21% but occurred below both the 50-day and 200-day averages, signaling trader interest without clear trend confirmation. For investors watching the apparel makers, this volume event changes short-term liquidity and trading risk for DIGJAMLTD.NS stock while longer-term fundamentals remain mixed.
Price action and volume spike — DIGJAMLTD.NS stock
Digjam Limited (DIGJAMLTD.NS) closed at INR 82.99 after a +1.21% move (change INR 0.99). Volume was 171,226.00 versus an average 1,658.00, a spike factor of 103.27x. The share opened at INR 4.85, printed a day high of INR 82.99 and a day low of INR 4.60, suggesting intraday volatility and possible trade reporting anomalies that traders should note.
Fundamentals and valuation snapshot
Key metrics show EPS INR 10.68 and a reported PE of 7.77, with market capitalization at INR 7,273,376,218.00. Price averages are 50-day INR 85.89 and 200-day INR 86.59, placing the stock below medium-term means. At the same time, price-to-book sits at 30.78 and price-to-sales at 35.50, highlighting valuation oddities versus earnings-based metrics. Liquidity ratios are tight with a current ratio of 0.82 and working capital at -INR 50,264,000.00, which raises short-term operational risk.
Meyka grade and model forecast
Meyka AI rates DIGJAMLTD.NS with a score out of 100: 56.51 / Grade: C+ / Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry performance, financial growth, key metrics, forecasts, analyst coverage and fundamentals. Meyka AI’s forecast model projects a yearly price of INR 74.13 and a 3-year price of INR 35.68. Versus the current INR 82.99, the yearly projection implies an estimated downside of 10.67%, and the 3-year view implies -57.02%. Forecasts are model-based projections and not guarantees.
Technical signals, trading targets and liquidity
The volume spike increased liquidity temporarily but the stock remains below the 50-day and 200-day averages, indicating limited momentum. Short-term technical scenarios: conservative support target INR 60.00, model base INR 74.13, bull scenario INR 95.00. Traders should watch relative volume (103.27x), price reaction to the INR 74.13 model level, and stop rules because intraday price ranges were extreme.
Sector context: Consumer Cyclical and Apparel peers
Digjam Limited operates in the Apparel – Manufacturers industry within Consumer Cyclical. The sector average PE is 36.04, far above Digjam’s reported PE of 7.77, reflecting either cheaper earnings valuation or inconsistent accounting. Inventory and working capital metrics are stretched—inventory days 365.46, receivables days 107.54, payables days 339.69—which increases cyclical risk for apparel makers and may pressure margins on weak demand.
Risks, catalysts and near-term outlook
Key risks include high inventory days, negative net margin (-21.27%) and a debt-to-equity ratio of 10.96. Interest coverage is 5.33, which offers some buffer. Near-term catalysts are seasonal demand, export orders and the company’s next earnings announcement (scheduled 12 Aug 2025). Given the volume spike, short-term traders will watch whether follow-through volume confirms a trend or if this was a transient liquidity event.
Final Thoughts
The volume spike lifted liquidity in DIGJAMLTD.NS stock but did not confirm a durable trend. At INR 82.99 with volume 171,226.00 versus average 1,658.00, traders gained entry opportunities but face elevated volatility and working-capital risk. Meyka AI’s model projects a yearly price of INR 74.13, implying an estimated 10.67% downside from the close; our scenario band ranges from a conservative INR 60.00 to a bullish INR 95.00. Valuation mixes cheap earnings multiples (PE 7.77) with high price-to-book and price-to-sales ratios, so investors should treat the stock as a tactical hold and size positions carefully. For more detail and the raw company filings, see the company site and exchange quotes. Meyka AI provides this as one data point from its AI-powered market analysis platform; forecasts are model-based projections and not guarantees.
FAQs
What caused the DIGJAMLTD.NS stock volume spike on 16 Jan 2026?
The spike to 171,226 shares likely reflects short-term trader interest, improved liquidity or a block trade. The volume was about 103.27x the average, but there was no single public news item. Check exchange disclosures and company filings for trade-level details.
How does Meyka AI view DIGJAMLTD.NS stock valuation?
Meyka AI assigns DIGJAMLTD.NS a C+ (56.51) grade and projects a yearly price of INR 74.13, implying about -10.67% from the current price. The model flags mixed signals: low PE but high PB and P/S ratios.
What are short-term trading targets after the volume spike?
Near-term targets: conservative support INR 60.00, model base INR 74.13, and bullish resistance INR 95.00. Use tight risk controls given intraday volatility and stretched working-capital metrics.
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.
