BHEL- Positive after ~ 50% correction

1. ~50% correction seen from 52 week high.
2. Trading in a narrow range of 47 to 56
3. Lowest PE of 37 amongst its peers (but PSU)
4. Low price to book book value (less than 1)
5. Debt free

Strategy - SIP form investing is recommended in this stock given the current market condition.