Recommendation: Rising opportunities coupled with BDL’s niche capabilities in the missile manufacturing segment provide a significant competitive advantage. BDL’s healthy balance sheet with nil debt, superior cash position and strong order book is likely to augur well for the company, going forward. Further the Company intends to leverage their experience to develop new products which will enable them to increase their revenues. Hence, considering the above positive factors including growth in the defence sector, we recommend to SUBSCRIBE the issue for medium to long term perspective.
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About AUM CAPITAL
With a strong intellectual base coupled with an un-parallel bouquet of products and services, AUM Capital has emerged as the preferred advisor for the discerning customer. Their offerings span across Wealth Management, Equity Broking, International Finance, Trade Finance, Investment Banking, and Insurance, among othes, all of which ensure a holistic solution for the client. With exclusive services in the investment banking and securities business, they provide a full spectrum of services to all our clients and financial intermediaries. They can be reached at: www.aumcap.com/.
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