Bharat Dynamics Shares Rise on Rs 2,461.62 Crore Army Order

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Fresh Defence Orders Boost Stock
Bharat Dynamics gained in early trade after securing new Army orders worth Rs 2,461.62 crore since November 13, strengthening its defence manufacturing pipeline

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Stock Opens Higher on BSE
At 09:20 am, the stock traded at Rs 1,537.50, up 0.52 percent, reflecting positive sentiment around the newly awarded defence contracts

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Major Orders: ATGMs and SAM Systems
The company received orders for Anti-Tank Guided Missiles and Surface-to-Air Missiles. ATGMs will be executed in 42 months and SAM systems in 12 months

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Strong Recent Order Momentum
In November, Bharat Dynamics also signed a Rs 2,095.70 crore contract with the Defence Ministry for Invar anti-tank missiles, adding to its robust order book

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Business and Stock Performance
Q2 profit rose 76 percent YoY to Rs 215.88 crore. The stock remains 27 percent below its 52-week high but 68 percent above its 52-week low

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Bharat Dynamics Shares Rise on Rs 2,461.62 Crore Army Order

Fresh Defence Orders Boost Stock Bharat Dynamics gained in early trade after securing new Army orders worth Rs 2,461.62 crore since November 13, strengthening its defence manufacturing pipeline

Stock Opens Higher on BSEAt 09:20 am, the stock traded at Rs 1,537.50, up 0.52 percent, reflecting positive sentiment around the newly awarded defence contracts

Major Orders: ATGMs and SAM SystemsThe company received orders for Anti-Tank Guided Missiles and Surface-to-Air Missiles. ATGMs will be executed in 42 months and SAM systems in 12 months

Strong Recent Order MomentumIn November, Bharat Dynamics also signed a Rs 2,095.70 crore contract with the Defence Ministry for Invar anti-tank missiles, adding to its robust order book

Business and Stock Performance Q2 profit rose 76 percent YoY to Rs 215.88 crore. The stock remains 27 percent below its 52-week high but 68 percent above its 52-week low