MESON.BO closes 02 Jan 2026 at INR 370.15: Oversold bounce may target INR 427.93
MESON.BO stock closed on the BSE at INR 370.15 on 02 Jan 2026 after an intraday range of INR 360.00 to INR 374.00, signalling a short-term oversold bounce opportunity. Trading volume of 19,200 shares matched near-average flows (avg 21,168), while a trailing PE of 55.41 and EPS of 6.68 show rich valuation against peers. In this note we connect the price action to key fundamentals and technicals, frame realistic price targets, and present Meyka AI’s data-driven view of Meson Valves India Limited as an oversold bounce candidate in the Industrials sector in India.
Session recap and price action
Meson Valves India Limited (MESON.BO) closed at INR 370.15 on 02 Jan 2026 after opening at INR 366.00 and testing a day low of INR 360.00 and a high of INR 374.00; volume was 19,200 versus an average of 21,168, showing a modest recovery on thin flows.
Fundamentals at a glance
Meson Valves reports EPS of 6.68 and a PE of 55.41 at a market capitalisation of INR 3,796,850,640; book value per share is INR 65.98 and price to book is 5.66, while current ratio is strong at 4.06 and debt to equity is moderate at 0.29, indicating a conservative balance sheet but a premium valuation relative to sector averages.
Why the oversold bounce setup matters
The stock sits below its 50-day average of INR 397.44 and 200-day average of INR 427.93, creating a mean-reversion case where a rebound toward the 50-day mean is a likely first target if volume confirms buying; the year low is INR 289.10 and year high is INR 592.55, giving context for risk-reward.
Technical analysis and Meyka AI grade
Momentum indicators show room for a corrective bounce while ATR is INR 10.95, suggesting controlled daily volatility; Meyka AI rates MESON.BO with a score out of 100: 56.35 — Grade C+ (HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. DISCLAIMER: These grades are not guaranteed and we are not financial advisors.
Risks and catalysts to watch
Key catalysts include order wins, margin recovery and working capital improvements; primary risks are the high PE of 55.41, long receivables cycle (days sales outstanding ~319.80) and negative free cash flow per share of -0.99, which could pressure sentiment if earnings do not accelerate.
Trading plan, targets and valuation view
For the oversold bounce strategy, a conservative short-term target is the 50-day mean at INR 397.44 and a stretch recovery target is the 200-day mean at INR 427.93; valuation metrics (P/S 5.65, P/B 5.66) suggest investors should pair technical entries with tight risk controls and monitor cash conversion cycle improvements.
Final Thoughts
MESON.BO stock closed at INR 370.15 on 02 Jan 2026 after a modest intraday recovery that fits an oversold bounce profile on the BSE in India. Fundamentals show a solid balance sheet—current ratio 4.06 and debt to equity 0.29—but a premium valuation with PE 55.41 and price to book 5.66 that warrants caution. Meyka AI’s view balances a near-term technical rebound against structural risks: Meyka AI’s forecast model projects a base target at INR 397.44 (the 50-day mean) and an upside target at INR 427.93 (the 200-day mean), implying approximately +7.37% and +15.62% from the current price of INR 370.15 respectively. These model-based projections are contingent on volume confirmation, faster receivables turnover and stable margins; forecasts are model-based projections and not guarantees. Traders using an oversold-bounce approach should size positions for volatility, place stop-losses under recent support (near INR 360.00), and reassess if free cash flow or receivables metrics do not improve over the next two quarters. Meyka AI, our AI-powered market analysis platform, flags MESON.BO as a tactical trade candidate rather than a long-term pick until valuation compresses or growth re-accelerates.
FAQs
MESON.BO shows an oversold bounce setup toward INR 397.44, but high PE 55.41 and stretched receivables require caution; consider small tactical positions with stop-loss below INR 360.00 and monitor earnings and cash flow.
Key metrics: price INR 370.15, EPS 6.68, PE 55.41, P/B 5.66, current ratio 4.06 and debt to equity 0.29; these show solid liquidity but a premium market valuation.
Meyka AI’s practical targets: short-term INR 397.44 (50-day average) and stretch INR 427.93 (200-day average); implied upside is +7.37% and +15.62% from INR 370.15, model-based and not guaranteed.
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.