BDL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.2

📉 BDL is currently consolidating with bearish undertones. The stock is hovering near key moving averages with neutral RSI and negative MACD, suggesting indecision and potential reversal risk.

📊 Technical Analysis Summary

• Trend Status: Consolidating with mild bearish bias
• RSI (50.0): Neutral — no clear momentum
• MACD (-3.64): Bearish crossover — signals weakening trend
• Volume: ~90% above 1-week average — high activity, possibly distribution
• DMA 50 & 200: Price near both — trend indecisive
• Bollinger Bands: Price near mid-band — no breakout signal

🎯 Entry & Exit Zones

• Support Levels: ₹1,500, ₹1,470, ₹1,430
• Resistance Levels: ₹1,560, ₹1,600, ₹1,650
• Optimal Entry: ₹1,500–₹1,520 (on pullback)
• Exit Target: ₹1,600–₹1,650 (short-term resistance)

✅ Positive

• Strong ROCE (19.7%) and ROE (14.4%) — efficient capital deployment
• EPS of ₹15.3 — stable earnings
• Zero debt — robust financial health
• DII holding increased by 1.20% — domestic investor confidence

⚠️ Limitation

• MACD negative — momentum weakening
• Price hovering near DMA levels — trend unclear
• High P/E (100) and PEG (60.8) — severe overvaluation
• Dividend yield of 0.30% — low income potential

📉 Company Negative News

• Quarterly PAT dropped from ₹273 Cr to ₹18.4 Cr — sharp decline
• FII holding declined by 1.34% — institutional caution

📈 Company Positive News

• Qtr Profit Var shows 154% growth — prior quarter base effect
• Stock up 53.6% from 52-week low — recovery underway

🏭 Industry

• Sector: Defense / Capital Goods
• Industry P/E: 67.2 vs BDL’s P/E: 100 — significantly overvalued
• Sector outlook supported by government defense spending and modernization

🧾 Conclusion

• BDL is consolidating with bearish momentum signals
• Entry near ₹1,500–₹1,520 with targets at ₹1,600–₹1,650
• Monitor MACD and RSI for trend confirmation or reversal
• Valuation remains stretched; long-term investors should assess earnings stability