"BDL: मिसाइलों का दमदार राजा, डिफेंस की उड़ान में अविजित योद्धा!"
Technical Analysis
Current price ₹1,243.60 (Feb 14, 2026), 52W high ₹2,096.60/low ₹1,240; 1M -2.40%, 6M -21.84%, 1Y +6-9%. Trading below all MAs (MA5 ₹1,653 Sell, MA200 ₹1,855 Sell), RSI 35 (Sell zone nearing oversold), STOCH 19 (oversold), MACD -16.67 (Sell), CCI -83 (Sell); high volatility ATR 17. Key support at 0.618 Fib ₹1,400-1,420 (demand zone), breakdown below ₹1,250 risks ₹1,200; reversal setup forming with base building—bullish if holds. Long-term position: Yes, accumulate on dips (support ₹1,240), targets ₹1,800-2,250.
Lifetime Low/Reversal Outlook
No new lifetime lows (post-ATH downtrend), but basing at Fib support suggests reversal potential to ₹1,900-2,000 if ₹1,400 holds; breakdown extends weakness. Long-term: Strong yes for positions—defense growth tailwinds favor accumulation despite near-term volatility.
Positive Points
Massive order pipeline: ₹4,557 Cr Q3 new, 9M ₹54B, Q4 ₹40-50B expected.
9M revenue/PAT growth +25%/11%, attractive dividend.
Brokerages maintain BUY (TP ₹1,800-2,250), defence sector prospects.
Negative Points
Q3 revenue/PAT -32%/-50%, EBITDA margin 4.59%.
Execution challenges, cost inflation +42%, governance fine.
Technical bearish momentum, 6M -22% decline.
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