Bharat Dynamics Ltd Shares: Defense sector company Bharat Dynamics Ltd did good business in the stock market on Friday. On this day, the shares gained 7.2 percent and reached their high level of Rs 1,628.60. There are two reasons for this rise in shares – one, the company has performed brilliantly in the second quarter of the financial year 2026 and second, it has received a big order from the Government of India.
Company’s revenue also increased
In the July-September quarter, the profit after tax (PAT) of the defense company has also increased by 76.2 percent year-on-year, which was recorded at Rs 216 crore. Whereas in the second quarter of the financial year 2025 it was Rs 123 crore. During this period, revenue doubled to Rs 1,147 crore, which is 110.6 percent more than the same quarter last year. At the same time, EBITDA increased by 90 percent to Rs 188 crore. However, EBITDA margin declined by 170 basis points to 16.4 percent.
Order worth Rs 2,095.70 crore to BDL
The company has received an order worth Rs 2,095.70 crore from the Defense Ministry for the supply of Invar anti-tank missiles. This order is to be completed in three years. BDL has signed a contract worth Rs 2,095.70 crore with the Defense Ministry for the supply of Inver anti-tank missiles for the Indian Army, the company said in an exchange filing.
Brokerage has expectations from the stock
Shares of Bharat Dynamics have given a strong return of 63.71 percent last year. The stock has risen 42.93 percent year-to-date. The stock has gained 2.75 percent in the last three months and 8.8 percent in the last month. However, due to some profit booking during the six months, there has also been a decline of 8.19 percent. Brokerage house Motilal Oswal is confident about the shares of BDL, hence the brokerage has given it a ‘BUY’ rating and set a target price of Rs 2000.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read:
Trump gets angry again… warns countries doing business with Russia, says very strict laws are being made
