One could consider averaging DHP India at any further declines. The budget provision of providing 5 cr LPG connections to BPL families could potentially be a good trigger for DHP’s domestic business in the short to medium term. Further the stock is available at very attractive valuations, especially when considered w.r.t a rock solid balance sheet (debt free, high current investments and fixed assets). Remember it’s a small cap, so volatility is part and parcel of such stocks and therefore, question your own conviction before taking a call on this (or any) stock.
God Bless !!!