RAJTV.NS Raj Television Network (NSE) down 34.50% pre-market 08 Apr 2026: watch INR 22.92 support

RAJTV.NS stock plunged 34.50% in pre-market trade on 08 Apr 2026, trading at INR 22.92 on the NSE after a gap-down from a previous close of INR 34.99. The move came with an unusually high volume of 1,466,295 shares versus an average of 4,614, signalling forced selling or a large block exit. Investors should note the stock opened at INR 27.75, hit a day low of INR 22.92, and shows a one-day change of -12.07 INR. We analyse the drivers, technical setup, valuation and Meyka AI forecasts to frame near-term options for traders and longer-term holders

Price action and volume: RAJTV.NS stock

The immediate cause of today’s top-loser status is the sharp pre-market gap and heavy trading volume. RAJTV.NS hit INR 22.92 on the NSE with 1,466,295 shares traded, a relative volume of 71.05x, far above the 50-day average of INR 38.82 and the 200-day average of INR 41.19. This extreme flow pushed the one-day percent change to -34.50%, turning the stock into the session’s top loser and creating short-term support at the INR 22.90–23.50 band

What likely drove the drop: RAJTV.NS stock news and context

No confirmed corporate release appears at time of writing, but the scale of the sell-off suggests institutional or block selling ahead of the next earnings on 18 May 2026. Market participants often react to weak sector flows in Broadcasting and Communication Services; the sector is down -16.43% YTD and shows pressure on ad revenues. We flag the company website and the NSE quote page for filings and notices: Raj Television official site and NSE: RAJTV quote

Fundamentals and valuation: RAJTV.NS stock financials

Raj Television Network shows trailing EPS of -0.76 and a negative PE of -37.68, reflecting losses over the past year. Key ratios: PB ratio 1.20, debt-to-equity 0.20, current ratio 1.19, and book value per share INR 23.89, which is close to today’s price. Revenue per share is INR 13.57, operating cash flow per share INR 0.51, and market cap is approximately INR 1,486,798,172.00, indicating a small-cap profile with mixed cash generation

Technicals and trading signals: RAJTV.NS stock technicals

Short-term indicators show oversold conditions: RSI 25.74, Stochastic %K 26.06, and Williams %R -95.02. Momentum is negative with MACD at -1.78 and a MACD signal of -1.06, confirming strong downward pressure. Volatility is elevated: ATR 2.68, Bollinger lower band at 31.77, and on‑balance volume negative at -381,713, suggesting sellers dominated today’s session

Meyka AI grade and valuation: RAJTV.NS stock

Meyka AI rates RAJTV.NS with a score out of 100: 64.16 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The internal analysis weighs the stock’s book value proximity to price and weak earnings, producing a neutral-hold view for patient investors

Forecasts and price target: RAJTV.NS stock forecast

Meyka AI’s forecast model projects a yearly target of INR 37.88, a quarterly figure of INR 30.44, and a monthly estimate of INR 4.77. Versus the current price INR 22.92, the 12‑month model implies an upside of 65.29% to the yearly target but users should treat model outputs as probabilistic. Forecasts are model-based projections and not guarantees

Final Thoughts

RAJTV.NS stock is an active pre-market top loser on 08 Apr 2026 after a heavy directional sell-off to INR 22.92 on volume of 1,466,295 shares. Short-term technicals are deeply oversold and the gap from yesterday’s close indicates either forced selling or a large exit. Fundamentals show a negative EPS (-0.76), negative PE, modest debt (D/E 0.20) and book value near the current price, supporting the view that today’s price may already reflect a significant re-rating. Meyka AI’s grade sits at 64.16 (B, HOLD) and the model projects a 12‑month target of INR 37.88, implying ~65.29% upside versus current levels; this is a model output, not a guarantee. For traders, watch intraday liquidity and set tight risk controls given the stock’s high volatility. For longer-term investors, monitor the upcoming earnings on 18 May 2026, management commentary on advertising trends, and any corporate actions before adjusting exposure. Meyka AI provides this as an AI-powered market analysis platform insight to help frame risk and opportunity

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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.