Bharat Dynamics Ltd Share Price (BDL)

Bharat Dynamics Gains 4% After Defence Acquisition Council Clears Procurement of Missiles - 01 Dec, 2023

Shares of Bharat Dynamics rose by 4% in intraday trade after the Defence Acquisition Council cleared the procurement of Medium Range Anti-Ship Missiles for the Indian Navy. The missile is envisaged as a primary offensive weapon onboard Indian Naval Ships.

Bharat Dynamics' ROCE Under-Performs Industry Average - 29 Nov, 2023

Bharat Dynamics Ltd's return on capital employed (ROCE) is 4.1%, lower than the Aerospace & Defense industry average of 14%. Additionally, Bharat Electronics and Bharat Dynamics will provide indigenous technologies for a new C295 aircraft manufactured in India.

Bharat Dynamics Shares Rise 5% Ahead of Defence Projects Approval - 26 Nov, 2023

Shares of Bharat Dynamics Ltd rose by 5% as the Defence Acquisitions Council is expected to give preliminary approval for three crucial projects amounting to Rs1.4 trillion at the end of this month. Despite supply chain challenges, Q2FY24 revenues grew by 15% YoY to Rs610 crore and the company is confident of meeting its revenue guidance aided by timely availability of components. The order book was robust at Rs20,766 crore as at September-end, providing revenue visibility of 9.6 times on a trailing 12-month basis.

Bharat Dynamics Pays Dividend to Indian Government - 23 Nov, 2023

The Indian government has received Rs 401 crore in dividend tranches from Bharat Dynamics Ltd.

Bharat Dynamics Ltd Develops Medium Range Surface-to-Air Missile - 21 Nov, 2023

The Defence Research and Development Organization (DRDO) and Israeli Aerospace Industries (IAI) have jointly developed the Medium Range Surface-to-Air Missile (MRSAM) at Bharat Dynamics Limited (BDL), which can hit multiple targets at a range of 70 kilometres. The missile system is powered by an indigenously developed rocket motor and control system.

Companies anticipate $110 billion profits from opportunities - 16 Nov, 2023

Bharat Dynamics Ltd and other companies are anticipating substantial profits from opportunities valued at $110 billion over six to eight years, surpassing the combined revenue of $8 billion in FY23.

Bharat Dynamics May Get Boost from Induction of Nirbhay Missiles - 15 Nov, 2023

All three defence forces are reportedly set to induct the Nirbhay class of missiles, which could benefit Bharat Dynamics. The stock is up 15% year-to-date.

Bharat Dynamics Ltd Positioned for Growth - 12 Nov, 2023

Bharat Dynamics Ltd (BDL) is well-positioned to benefit from the government's focus on indigenous capabilities, with a robust order backlog and strong pipeline for missiles, torpedoes, and countermeasures. Forecasts of a 53% CAGR in profit after tax for FY23-25E contribute to the positive outlook.

ICICIdirect Anticipates 53% Profit Growth for Bharat Dynamics Ltd - 09 Nov, 2023

ICICIdirect predicts a profit growth of 53% compounded annually over FY23-25E for Bharat Dynamics Ltd, driven by expanding capabilities, strong order backlog and pipeline, and rising interest from friendly countries in export markets.

Bharat Dynamics Receives Positive Outlook and Declares Dividend - 08 Nov, 2023

Bharat Dynamics Ltd receives a positive outlook from Choice Broking and declares a final dividend of Rs 1.20 per equity share for FY22-23.

Bharat Dynamics Ltd among stocks that may be downgraded to small-cap category - 07 Nov, 2023

Bharat Dynamics Ltd is one of the companies that may be downgraded from mid-cap to small-cap category, according to reports.

Bharat Dynamics' Resilient Performance in Q2 FY24 - 06 Nov, 2023

Bharat Dynamics Ltd's Q2 FY24 performance was resilient led by pick-up in execution. Execution is expected to pick up further aided by surface to air missiles and underwater weapons.

Bharat Dynamics Reports Strong Q2 Results and Secures Contract for Electronic Warfare System - 03 Nov, 2023

Bharat Dynamics Ltd.'s Q2 net profit beat analysts' estimates with a 94.1% YoY increase to Rs 147 crore. The company also secured a contract to provide an indigenous electronic warfare system for C-295 aircraft.

Bharat Dynamics Share Price Falls Despite Revenue Growth - 02 Nov, 2023

Despite a 8.0% revenue growth rate over the past three years, Bharat Dynamics' share price has fallen 17% in the last quarter. The company will announce its September results on November 3.