BDL - Lower price to look for
CMP 975
PE 63; ROE 18
Stock is down by 45%
Best PE would be around 58.3 and according this PE, Best price to buy the stock would be 836 levels. (This is purely based on calculation)
Defense stock, so allocate some portion of finance to the stock at lower price.
Lower price of supports are marked and place to look for in coming days to look for support. Upside above 1180 closing price will be safe.
⚠️Personal Research before investing
Happy Investing
Girish Anchan
W.M.A
PE 63; ROE 18
Stock is down by 45%
Best PE would be around 58.3 and according this PE, Best price to buy the stock would be 836 levels. (This is purely based on calculation)
Defense stock, so allocate some portion of finance to the stock at lower price.
Lower price of supports are marked and place to look for in coming days to look for support. Upside above 1180 closing price will be safe.
⚠️Personal Research before investing
Happy Investing
Girish Anchan
W.M.A
Girish Anchan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Girish Anchan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.