Stock in Downtrend: DRONACHRYA AERIAL INNOVATION LTD

Drone acharya has been in the downtrend since the beginning of 2024.
Currently it is consolidating near the strong support level of 114 at 119 level.
Resistance levels: 128, 150,
Fundamental Data:
Industry: Drone Manufacturing, Services, Education
Market Cap : ₹ 287 Cr.
Current Price : ₹ 120
Stock P/E : 48.8 (Ind.PE=72.8)
Revenue : 18.57 (FY23), 34.96 (FY24)
Revenue Growth: 88.3%
OPM % : 26.98% (FY23), 29.43% (FY24)
Net Profit : 3.43 (FY23), 6.08 (FY24)
Net Cash Flow : -9.77 1.3
ROCE : 11.6 %
ROE : 8.50 %
Red Flags: Promoter holding is low: 28.2%, Has some Cashflow issues.