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