PRIMEPRO.BO (Prime Property) down 8.14% to INR 26.64 on BSE: check 24.06 support
PRIMEPRO.BO stock opened the pre-market session on 09 Jan 2026 sharply lower, trading at INR 26.64, down 8.14% from the previous close of INR 29.00 on the BSE. Volume is thin at 315 shares versus an average of 1,607, leaving the name vulnerable to short-term volatility. The intraday range is INR 26.61–26.96 with a 52-week high of INR 47.00 and low of INR 24.06. For traders focused on top losers, the gap below the 50-day average (INR 27.85) and low liquidity are immediate concerns for position sizing and stop placement.
PRIMEPRO.BO stock: Pre-market price action and market facts
Prime Property Development Corporation Limited (PRIMEPRO.BO) is a pre-market top loser on BSE in India at INR 26.64, down 8.14%. Market cap is INR 482,423,514.00, shares outstanding 17,058,823.00, and today’s volume 315.00 vs average 1,607.00. The stock opened at INR 26.96 after a previous close of INR 29.00, making near-term support INR 24.06 (52-week low) and resistance around the 50-day average INR 27.85.
PRIMEPRO.BO stock: Fundamentals and valuation
PRIMEPRO.BO shows EPS INR 0.61 and reported P/E of 46.36 per the latest quote. Book value per share is INR 47.74 with a price-to-book of 0.59, and cash per share INR 27.28. The company reports a current ratio 3.30 and negligible debt metrics. Relative to the Real Estate sector average P/E 38.19 and PB 2.51, PRIMEPRO.BO trades cheaper on PB but shows a higher quoted P/E, suggesting mixed signals between accounting earnings and balance-sheet strength.
PRIMEPRO.BO stock: Technical setup and short-term signals
Technicals show a bearish short-term tone: RSI 45.17, MACD -0.25 (signal -0.24), and ADX 38.83 indicating a strong trend. Price sits below the 50-day average INR 27.85 and well below the 200-day average INR 34.32, while Bollinger Bands are INR 26.08–28.45. On low liquidity, ATR is INR 1.68, so expect wider intraday swings; traders should watch the 24.06 support and 27.27 band midline for possible mean reversion.
PRIMEPRO.BO stock: Meyka AI rating and analyst context
Meyka AI rates PRIMEPRO.BO with a score out of 100: Score 59.87 | Grade C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The rating highlights balance-sheet strength (cash per share INR 27.28) and low leverage, offset by thin trading volume and earnings variability.
PRIMEPRO.BO stock: Risks, liquidity and sector context
Key risks for PRIMEPRO.BO stock include very low average volume (1,607.00), high days-of-inventory metric, and concentrated operations in Real Estate development. Sector performance has been weak year-to-date; the Real Estate sector shows YTD -8.54% and average P/E 38.19, which raises valuation comparison questions. Low liquidity increases execution risk for larger orders and magnifies moves on limited news.
PRIMEPRO.BO stock: Price targets and forecasts
Meyka AI’s forecast model projects short-term targets of INR 24.89 (monthly) and INR 23.00 (quarterly), with a yearly projection of INR 36.98. Near-term trader levels: support INR 24.06, resistance INR 27.85; conservative price target for 12 months is INR 36.98 (model-based). Forecasts are model projections and not guarantees; use position sizing suitable for low liquidity and high volatility.
Final Thoughts
PRIMEPRO.BO stock is the top pre-market loser on 09 Jan 2026, trading at INR 26.64, down 8.14%, with thin volume (315.00) and clear technical stress below the 50-day average. Fundamentals show a strong balance sheet by book value (BVPS INR 47.74) and cash per share (INR 27.28), while headline P/E (46.36) signals elevated valuation against reported EPS INR 0.61. Meyka AI’s forecast model projects a 12‑month target of INR 36.98, implying an upside of +38.80% versus the current price, while near-term monthly and quarterly projections sit at INR 24.89 (-6.57%) and INR 23.00 (-13.67%) respectively. Given the grade C+ (HOLD) from Meyka AI and the stock’s low liquidity, short-term traders should treat moves as volatile and prefer smaller sizes or wait for confirmation above INR 27.85. Long-term investors who prioritise balance-sheet value can consider the model yearly target but should monitor sector trends and company updates. This analysis uses live market data and Meyka AI-powered market analysis platform outputs; forecasts are model-based projections and not guarantees.
FAQs
Why is PRIMEPRO.BO stock falling in pre-market trading?
PRIMEPRO.BO stock is down on thin volume and technical pressure below the 50-day average. Low liquidity amplifies moves; today’s drop to INR 26.64 reflects profit-taking and short-term risk aversion rather than confirmed company news.
What are the key support and resistance levels for PRIMEPRO.BO stock?
Near-term support is INR 24.06 (52-week low) and resistance near the 50-day average INR 27.85. Watch the Bollinger middle band INR 27.27 and the 200-day average INR 34.32 for larger trend turns.
How does Meyka AI rate PRIMEPRO.BO stock?
Meyka AI rates PRIMEPRO.BO with a score out of 100: 59.87 | Grade C+ | Suggestion: HOLD. The grade factors in benchmark and sector comparisons, financial growth, metrics, and forecasts; it is informational only.
What price targets and outlook exist for PRIMEPRO.BO stock?
Meyka AI’s forecast model projects INR 24.89 (monthly), INR 23.00 (quarterly) and INR 36.98 (yearly). The yearly target implies +38.80% upside versus the current INR 26.64; 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.