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2026-09-24 10:21:10 am | Source: Accord Fintech
Bharat Dynamics rises on inking pact with Ministry of Defence for supply of SAT-SAAW
Bharat Dynamics rises on inking pact with Ministry of Defence for supply of SAT-SAAW

Bharat Dynamics is currently trading at Rs. 1173.05, up by 11.05 points or 0.95% from its previous closing of Rs. 1162.00 on the BSE.

The scrip opened at Rs. 1168.00 and has touched a high and low of Rs. 1180.90 and Rs. 1168.00 respectively. So far 71383 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1633.15 on 14-Nov-2025 and a 52 week low of Rs. 1090.00 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 1192.00 and Rs. 1,150.00 respectively. The current market cap of the company is Rs. 43144.41 crore.

The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 13.22% and 11.86% respectively.

Bharat Dynamics has signed a contract with Ministry of Defence for the supply of Satellite Smart Anti Airfield Weapons (SAT-SAAW) along with associated equipment for Indian Air Force (IAF) with a total cost of Rs 810.79 crore under Buy (Indian - Indigenously Designed, Developed and Manufactured) category.

SAT-SAAW is an air-to-ground precision guided glide bomb which can be launched from platforms like Jaguar, Hawk & Su-30 MKI, and has the capability to neutralise enemy airfields from a long stand-off range. Indigenously designed and developed by DRDO, the system will have an indigenous content of 60% along with indigenisation of sub-systems like Initial Measurement Unit, Long Impact Delay Fuse and Twin Store Carrier to further boost Aatmanirbharta in defence. The delivery of SAT-SAAW is scheduled between 2027-28 and 2028-29.

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