⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BDL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.6
| Stock Code | BDL | Market Cap | 48,597 Cr. | Current Price | 1,326 ₹ | High / Low | 2,097 ₹ |
| Stock P/E | 83.8 | Book Value | 115 ₹ | Dividend Yield | 0.34 % | ROCE | 19.7 % |
| ROE | 14.4 % | Face Value | 5.00 ₹ | DMA 50 | 1,486 ₹ | DMA 200 | 1,496 ₹ |
| Chg in FII Hold | -0.14 % | Chg in DII Hold | -0.36 % | PAT Qtr | 72.9 Cr. | PAT Prev Qtr | 216 Cr. |
| RSI | 40.1 | MACD | -0.55 | Volume | 72,79,427 | Avg Vol 1Wk | 32,99,725 |
| Low price | 907 ₹ | High price | 2,097 ₹ | PEG Ratio | 50.8 | Debt to equity | 0.00 |
| 52w Index | 35.2 % | Qtr Profit Var | -50.4 % | EPS | 15.8 ₹ | Industry PE | 56.2 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected from highs (2,097 ₹) and is trading near 1,326 ₹, showing breakdown from trendline support.
- Moving Averages: Current price is below both 50 DMA (1,486 ₹) and 200 DMA (1,496 ₹), confirming bearish bias.
- RSI: At 40.1, stock is weak but not oversold, suggesting limited downside with possible sideways consolidation.
- MACD: Slightly negative (-0.55), indicating weak bearish momentum.
- Bollinger Bands: Price near lower band, suggesting potential stabilization but no strong reversal signal yet.
- Volume Trends: Current volume (72,79,427) is much higher than average weekly volume (32,99,725), showing strong selling pressure and volatility.
🎯 Momentum & Trade Zones
- Short-term Momentum: Weak, with selling pressure dominating but possible consolidation ahead.
- Support Levels: 1,300 ₹ (near-term), 1,200 ₹ (major support).
- Resistance Levels: 1,400 ₹ (short-term), 1,486–1,496 ₹ (DMA zone).
- Optimal Entry: 1,300–1,320 ₹ if volumes stabilize.
- Optimal Exit: 1,400–1,480 ₹ unless trend reversal confirmed.
📊 Trend Status
Stock is trending down with high volatility. Indicators suggest possible consolidation near support but no clear reversal yet.
✅ Positive
- Debt-free balance sheet (Debt-to-equity: 0.00).
- Strong ROCE (19.7%) and ROE (14.4%).
- 52-week index gain of 35.2% shows long-term investor interest.
⚠️ Limitation
- High valuation with P/E of 83.8 vs industry P/E of 56.2.
- PEG ratio of 50.8 indicates extremely expensive growth.
- Quarterly profit dropped sharply (-50.4%).
📉 Company Negative News
- PAT fell to 72.9 Cr. from 216 Cr. in previous quarter.
- Both FII (-0.14%) and DII (-0.36%) holdings declined.
📈 Company Positive News
- Debt-free status enhances financial stability.
- Strong long-term fundamentals with defense sector demand visibility.
🏭 Industry
- Defense sector trading at industry P/E of 56.2, lower than BDL’s valuation.
- Sector supported by government defense spending and modernization programs.
🔎 Conclusion
BDL is technically weak with heavy selling pressure and high volatility. Short-term consolidation possible near 1,300 ₹, but trend remains bearish. Traders may consider cautious entry near support with exit around 1,400–1,480 ₹. Long-term investors should wait for confirmation above 1,486–1,496 ₹ before fresh entry.