Bharat Dynamics Limited (NSE:BDL)

13 thg 2, 2021

Price action shows there is an accumulation going on in the stock and it is respecting the support line(Trend line) very well once the resistance is broke we may see a good upside move.
Now, talking about the fundamentals .
Pros:-

• Company is almost debt free.
  Company is expected to give good quarter
  Company has been maintaining a healthy dividend payout of 28.49%
  Debtor days have improved from 54.58 to 39.90 days.
  

Cons:-

*The company has delivered a poor sales growth of 1.73% over past five years.
Earnings include an other income of Rs.128.83 Cr.

Market Capitalization is around :- 6400 Cr

BDL