BHARAT DYNAMICS LTD
Long

Darvas Box Creation From a Defence Stock

129
Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipment
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 37.48%
The company has delivered a poor sales growth of -14.04% over past five years.

Technically the stock price has created a darvas box , it can be considered for a long position
Trade only on your DUE DILIGENCE

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