Price action shows there is an accumulation going on in the stock and it is respecting the support line(Trend line) very well once the resistance is broke we may see a good upside move.
Now, talking about the fundamentals .
Pros:-
The company has delivered a poor sales growth of 1.73% over past five years.
Earnings include an other income of Rs.128.83 Cr.
Market Capitalization is around :- 6400 Cr
BDL
Now, talking about the fundamentals .
Pros:-
- Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 28.49%
Debtor days have improved from 54.58 to 39.90 days.
The company has delivered a poor sales growth of 1.73% over past five years.
Earnings include an other income of Rs.128.83 Cr.
Market Capitalization is around :- 6400 Cr
BDL