PJL.BO Patdiam Jewellery BSE Feb 2026 INR 262.00: Oversold bounce, +71.59% upside

PJL.BO stock closed at INR 262.00 on 23 Feb 2026, down 1.50% on the session. The fall left the share below both the 50-day average (INR 274.30) and the 200-day average (INR 292.27), creating an oversold bounce setup for short-term trading. Volume surged to 2,250.00 shares versus an average of 295.00, signaling active buying interest at lower levels. We outline why this setup matters for traders and investors on the BSE, and we provide price targets and model forecasts to frame risk and reward.

PJL.BO stock: Key price and fundamentals

Patdiam Jewellery Limited (PJL.BO) trades on the BSE in India at INR 262.00. The stock shows EPS 27.56 and PE 9.51, below the Consumer Cyclical sector average. Market capitalisation stands at INR 1,131,054,000.00 with 4,317,000.00 shares outstanding. The year high is INR 378.00 and year low is INR 188.70, giving visible support and resistance for an oversold bounce approach.

Technical setup and oversold bounce signals

Price sits under the 50-day (INR 274.30) and 200-day (INR 292.27) moving averages. That gap marks an oversold condition versus trend. Relative volume is 7.63, with 2,250.00 traded versus 295.00 average. High relative volume on a test of lower levels often precedes corrective bounces. Watch intraday or daily closes above INR 274.30 for a confirmed bounce trade entry.

Valuation edge in the Consumer Cyclical sector

PJL.BO’s PE 9.51 compares attractively with the sector average PE 35.02. Earnings per share of 27.56 supports this lower multiple. Lower valuation reflects small‑cap risk and cyclical demand for studded jewellery. Sector trends show modest recent weakness, so valuation alone does not remove demand risk. For investors, this gap can justify a rebound trade if operational metrics hold.

Risk factors and liquidity considerations

Patdiam faces standard small‑cap risks. Average daily liquidity is low at 295.00 shares, though today’s spike reached 2,250.00. Low float increases volatility and slippage risk for larger orders. Key risks include raw gold price changes, discretionary consumer demand, and execution on new collections. Traders should size positions conservatively and use limit orders to control execution.

Meyka AI grade and analyst framing

Meyka AI rates PJL.BO with a score out of 100: 60.13 | Grade B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade flags value versus size and liquidity risks. Use this as one input among your research; grades are informational and not financial advice.

PJL.BO stock forecasts and price targets

Meyka AI’s forecast model projects a 1‑year price of INR 449.61, implying +71.59% from INR 262.00. Shorter technical targets: near‑term bounce to INR 274.30, resistance at INR 292.27, a medium target at the year high INR 378.00, and the model target INR 449.61 as a longer horizon. Forecasts are model-based projections and not guarantees.

Final Thoughts

PJL.BO stock presents an oversold bounce opportunity on the BSE after closing at INR 262.00 on 23 Feb 2026. Valuation looks attractive with PE 9.51 and EPS 27.56, and today’s higher volume (2,250.00) shows renewed market interest. Short-term traders should monitor a clear daily close above INR 274.30 to confirm a bounce. Our scenario targets: conservative INR 292.27, tactical INR 378.00, and Meyka AI model INR 449.61 (implied upside +71.59%). Keep position sizes small given low average liquidity (295.00). Use stop limits near the recent support of INR 188.70, and treat forecasts as model estimates, not guarantees. For direct company details visit the issuer site and profile below for primary data and filings. Meyka AI provided this AI‑powered market analysis platform view to help frame risk, not to recommend trades.

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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.