25.00% surge: ABM International (ABMINTLTD.NS NSE) market closed 03 Mar 2026, watch INR 129.19
ABMINTLTD.NS stock jumped 25.00% to INR 129.19 on heavy trading as the NSE session closed on 03 Mar 2026. The rise came on 10,795 shares versus an average volume of 2,162, a relative volume of 4.99, and a day range of INR 103.35–129.19. Traders flagged the spike given a 50-day average near INR 128.62 and a 200-day average near INR 92.05, making this a clear high-volume mover in India’s Basic Materials sector.
ABMINTLTD.NS stock price action and volume
ABMINTLTD.NS stock closed at INR 129.19, up INR 25.84 or 25.00% from the previous close of INR 103.35. The session high matched the close at INR 129.19 and the low was INR 103.35. Volume at 10,795 shares was nearly 5.00x the average, signalling institutional or concentrated retail interest.
Catalysts and news driving the move
There was no earnings release on the day, and the company’s site shows routine product and contact information. Market participants cited inventory-led sourcing and sector rotation into commodity names in Basic Materials. Check the company profile on the corporate site and exchange quote for filings: ABM International website and NSE quote.
ABMINTLTD.NS stock fundamentals and valuation
Recent reported metrics show EPS INR 10.16 and a trailing PE near 12.72 on the session price. Price-to-book is 8.74, revenue per share TTM INR 34.95, and reported net margin TTM is about -5.75%, reflecting mixed profitability. These figures point to a modest earnings yield but a high PB relative to peers, so valuation reads as stretched on book value even with a low PE.
Meyka AI grade and technical signals for ABMINTLTD.NS stock
Meyka AI rates ABMINTLTD.NS with a score out of 100: 58.64 (C+) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, industry comparison, financial growth, key metrics, forecasts, analyst consensus, and fundamental growth. Technicals show the 50-day average at INR 128.62 and the 200-day average at INR 92.05, so the current price sits above both averages, supported by a strong volume spike. These grades are not guaranteed and we are not financial advisors.
Sector context and peer comparison for ABMINTLTD.NS stock
ABM International sits in India’s Basic Materials sector, which showed a 1-day move of -2.45% today. Sector averages include PE 31.76 and PB 2.92; ABMINTLTD.NS’s PB of 8.74 and lower profitability metrics place it above sector book multiples but below sector earnings multiples, indicating company-specific valuation dispersion versus large peers.
Outlook and Meyka AI forecast for ABMINTLTD.NS stock
Meyka AI’s forecast model projects a 12-month target of INR 150.00 for ABMINTLTD.NS stock, implying an upside of 20.99% from the current INR 129.19. This projection combines momentum from the volume spike with mean-reversion toward the year high INR 142.69 and steady earnings per share. Forecasts are model-based projections and not guarantees. Watch near-term support at INR 103.35 and resistance at INR 142.69.
Final Thoughts
ABMINTLTD.NS stock stands out today as a high-volume mover on the NSE, closing at INR 129.19 after a 25.00% intraday jump on 03 Mar 2026. Volume metrics — 10,795 traded versus an average of 2,162 — support the price move, while the 50-day average near INR 128.62 suggests follow-through risk if volume fades. Fundamentals show EPS INR 10.16, trailing PE 12.72, and price-to-book 8.74, a mixed picture that explains Meyka AI’s C+ (58.64) HOLD grade. Meyka AI’s forecast model projects a 12-month target of INR 150.00 (implied upside 20.99%); this is a model projection and not a guarantee. Traders should monitor continued volume, confirmatory filings on the company site, and sector flows in Basic Materials before scaling positions.
FAQs
Why did ABMINTLTD.NS stock spike 25.00% today?
The jump was driven by a volume surge to 10,795 shares, nearly 5x average volume. No formal earnings release was posted; market flows and sector rotation into Basic Materials likely amplified buying pressure.
What are the key support and resistance levels for ABMINTLTD.NS stock?
Near-term support sits at the session low INR 103.35 and the 200-day average INR 92.05. Immediate resistance aligns with the year high at INR 142.69.
How does Meyka AI view ABMINTLTD.NS stock?
Meyka AI rates ABMINTLTD.NS 58.64 (C+) — HOLD. The grade reflects mixed fundamentals and strong short-term technical momentum. This is informational and not investment advice.
What is the Meyka AI forecast for ABMINTLTD.NS stock?
Meyka AI’s model projects a 12-month target of INR 150.00, implying about 20.99% upside from INR 129.19. Forecasts are model-based and not guarantees.
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.
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