BALAMINES.NS INR 1089.70 volume spike on NSE 09 Jan 2026: Yearly forecast +4.90%
BALAMINES.NS stock registered a clear volume signal and closed at INR 1,089.70 on the NSE on 09 Jan 2026. The move came with reported volume of 46,268 shares and a relative volume reading of 253.60, putting the issue on our volume-spike radar. Price traded between INR 1,087.00 and INR 1,128.00 intraday. We view this as a short-term liquidity event that coincides with mixed fundamentals and upcoming earnings, and we outline what the spike means for traders and medium-term investors.
Price action and volume spike: BALAMINES.NS stock
The stock closed at INR 1,089.70, up 1.79% (change INR 19.20) on 09 Jan 2026. The intraday high was INR 1,128.00 and the low was INR 1,087.00.
Volume printed 46,268 vs a 50-day average of 51,274, but the platform signal shows a relative volume of 253.60, marking a notable trade concentration. We treat this as a near-term liquidity spike rather than a sustained volume trend until follow-through appears.
Earnings, revenue and fundamentals for BALAMINES.NS stock
Latest quarter (fiscal ending 2025-06-30) reported EPS was INR 11.73 vs estimate INR 12.40, and revenue was INR 3,583,412,000.00 vs estimate INR 3,581,000,000.00. The company’s trailing twelve months EPS is INR 44.96 and the TTM price/earnings ratio is 27.21.
Key balance metrics show a strong liquidity position: current ratio 5.17, debt/equity 0.02, and book value per share INR 634.89. Dividends paid per share last TTM: INR 11.00. These figures explain why defensive investors watch the name despite recent volatility.
Technical snapshot and volume indicators for BALAMINES.NS stock
Momentum indicators show short-term pressure. RSI is 31.98 and CCI is -177.93, signalling oversold conditions. ADX at 46.83 indicates a strong trend currently in place.
MACD histogram is positive at 3.18 while MACD and signal read -25.89 and -29.07 respectively, suggesting nascent bullish divergence. Bollinger Bands sit at Upper 1,145.88, Middle 1,112.61, Lower 1,079.33, which frames price risk near the lower band.
Meyka AI rates BALAMINES.NS with a score out of 100 and valuation view
Meyka AI rates BALAMINES.NS with a score out of 100: 66.80 | Grade: B | Suggestion: 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 monthly level of INR 1,062.66 and a yearly level of INR 1,143.07. Compared with the current price INR 1,089.70, the monthly projection implies -2.48% downside and the yearly projection implies +4.90% upside. Forecasts are model-based projections and are not guarantees. Visit the company site and exchange page for filings and quotes: Balaji Amines website and NSE quote page.
Analyst outlook and realistic BALAMINES.NS stock price targets
We frame three scenario targets based on valuation and sector conditions. Conservative target: INR 1,000.00 (-8.24% from current). Base target: INR 1,140.00 (+4.62% from current). Bullish target: INR 1,350.00 (+23.90% from current).
These targets reflect a mix of near-term volume-driven trading and medium-term fundamentals. Earnings on 04 Feb 2026 will be a key catalyst for updating targets and conviction.
Risks, sector context and trading considerations for BALAMINES.NS stock
Balaji Amines operates in specialty chemicals and faces commodity-linked margin pressure and export demand risk. Inventory days (134.31) and receivables days (76.79) are long and can amplify working capital swings.
Sector context: Basic Materials has shown modest recent weakness, leaving cyclicality and end-market demand as ongoing risks. Traders should watch follow-through volume, margin updates, and the February earnings release. For traders using Meyka AI tools see internal coverage at Meyka stock page.
Final Thoughts
BALAMINES.NS stock posted a notable volume spike and closed at INR 1,089.70 on the NSE on 09 Jan 2026, highlighting near-term liquidity interest. Fundamentals remain mixed: strong liquidity metrics and low net debt contrast with slowing revenue growth and longer working capital cycles. Meyka AI rates the stock 66.80 (B, HOLD) and the model projects a yearly level of INR 1,143.07, implying roughly +4.90% upside from the current price; the monthly model sits at INR 1,062.66 (-2.48%). Traders should treat the volume spike as a short-term signal and wait for earnings on 04 Feb 2026 for directional confirmation. Our scenario targets (conservative INR 1,000.00, base INR 1,140.00, bullish INR 1,350.00) offer a structured frame for risk management. Forecasts are model-based projections and not guarantees. We recommend monitoring follow-through volume, margin commentary, and sector demand indicators before altering medium-term positions.
FAQs
What drove the BALAMINES.NS stock volume spike on 09 Jan 2026?
The spike came from concentrated trading (volume 46,268) and a relative volume reading of 253.60. Market participants cited liquidity flow and position adjustments ahead of the 04 Feb 2026 earnings release.
What are the key fundamentals to watch for BALAMINES.NS stock?
Watch quarterly EPS (INR 11.73 vs est INR 12.40), revenue trends, margins, inventory days (134.31) and receivables days (76.79). These drive working capital and margin stability.
How does Meyka AI view BALAMINES.NS stock valuation?
Meyka AI rates the stock 66.80 (B, HOLD). The model projects a yearly level at INR 1,143.07 (+4.90% vs current). This is a model projection and not investment advice.
What short-term price action should traders expect for BALAMINES.NS stock?
Expect volatility around the recent volume spike and the upcoming earnings. Technicals show oversold readings (RSI 31.98), so short-term rebounds or follow-through selling are both possible.
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.