Modi's Make in India focus would benefit this company significantly. From focus of making in india + being in the defence space.
Technically its at a long term support. 200MEMA is holding (Although it can be revisited at the end of the month). There is are +ive divergences on all timeframes.
Being skeptic on PSU's normally, id look to SIP into this stock as its SL would be quite low. For someone with a shorter horizon 64.50 could be a stoploss but with the Covid scenario, i would not look at short term trading this company. Rather SIP it. Even wait till month end to see where this monthly candle develops to before entering the stock.