0 BDL share price target reports by brokerages below. See what is analyst's view on BDL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
Upon analyzing the deeply undervalued PSU stocks from defense & railway industries, we identify Bharat Dynamics as a clear outlier. With the company beating all other PSUs on most parameters, we believe the stock presents a good entry opportunity with a favorable risk-reward ratio considering the company’s cheap valuations at 7.8xFY19E P/E and 4.7x FY19E EV/EBITDA on one hand and superior proven track record of growth, ROE, free cash flow generation on the other. We value the company at 10.3x FY19E EPS in line with the PSU defense and railway basket & arrive at a TP of Rs. 343 for the stock.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.