News

BEML zooms on bagging order worth Rs 385 crore BEML is currently trading at Rs. 1622.20, up by 50.55 points or 3.22% from its previous closing of Rs. 1571.65 on the BSE. The scrip opened at Rs. 1594.85 and has touched a high and low of Rs. 1638.00 and Rs. 1581.70 respectively. So far 5744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,749.00 on 21-June-2023 and a 52 week low of Rs. 1,022.98 on 28-June-2022. Last one week high and low of the scrip stood a...
BEML zooms on bagging order worth Rs 385 crore
BEML zooms on bagging order worth Rs 385 crore
Source: Accord Fintech
28/06/2023 12:39:44 PM
Add Bharat Dynamics Ltd Target Rs.1,325 - ICICI Securities Ltd Preparing for launch We hosted the Bharat Dynamics (BDL) management for a meeting with investors on 13th Jun’23. Key points: 1) orders pertaining to several defence programmes are expected post FY25 in association with DRDO, BDL’s own R&D and collaboration with foreign players; 2) company is ready for QRSAM production as limited validation trials got over in Apr’23; 3) trials have been completed for NAG ATGM and an RFP is expected in FY24; 4) PNC has been concluded fo...
Add Bharat Dynamics Ltd Target Rs.1,325 - ICICI Securities Ltd
Add Bharat Dynamics Ltd Target Rs.1,325 - ICICI Securities Ltd
Source: ICICI Securities Ltd
24/06/2023 10:06:50 AM
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army Bharat Dynamics is currently trading at Rs. 1003.50, up by 48.40 points or 5.07% from its previous closing of Rs. 955.10 on the BSE. The scrip opened at Rs. 981.90 and has touched a high and low of Rs. 1010.00 and Rs. 980.00 respectively. So far 45590 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1026.00 on 27-Oct-2022 and a 52 week low of Rs. 538.45 on 31-Mar-2022. Last one week high and low of the scrip sto...
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army
Source: Accord Fintech
31/03/2023 10:15:49 AM
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army Bharat Dynamics is currently trading at Rs. 1003.50, up by 48.40 points or 5.07% from its previous closing of Rs. 955.10 on the BSE. The scrip opened at Rs. 981.90 and has touched a high and low of Rs. 1010.00 and Rs. 980.00 respectively. So far 45590 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1026.00 on 27-Oct-2022 and a 52 week low of Rs. 538.45 on 31-Mar-2022. Last one week high and low of the scrip sto...
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army
Bharat Dynamics shines on bagging order worth Rs 8161 crore from Indian Army
Source: Accord Fintech
31/03/2023 9:54:36 AM
Bharat Dynamics zooms on bagging export order worth $255 million Bharat Dynamics is currently trading at Rs. 915.85, up by 43.10 points or 4.94% from its previous closing of Rs. 872.75 on the BSE. The scrip opened at Rs. 873.00 and has touched a high and low of Rs. 922.80 and Rs. 861.40 respectively. So far 162497 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1026.00 on 27-Oct-2022 and a 52 week low of Rs. 407.70 on 24-Feb-2022. Last one week high and low of the scrip stoo...
Bharat Dynamics zooms on bagging export order worth $255 million
Bharat Dynamics zooms on bagging export order worth $255 million
Source: Accord Fintech
20/02/2023 12:54:05 PM
Bharat Dynamics rises on the BSE Bharat Dynamics is currently trading at Rs. 906.05, up by 5.25 points or 0.58% from its previous closing of Rs. 900.80 on the BSE. The scrip opened at Rs. 899.70 and has touched a high and low of Rs. 948.95 and Rs. 892.25 respectively. So far 213038 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1026.00 on 27-Oct-2022 and a 52 week low of Rs. 407.70 on 24-Feb-2022. Last one week high and low of the scrip stood...
Bharat Dynamics rises on the BSE
Bharat Dynamics rises on the BSE
Source: Accord Fintech
17/02/2023 2:44:19 PM
Quote on rally in Bharat Dynamics Ltd by Ashwin Patil, LKP Securities Below are Quote on rally in Bharat Dynamics Ltd by Ashwin Patil, Senior Research Analyst at LKP Securities "The rally in Bharat Dynamics Ltd is of course an obvious positive for the sector and the company. One thing is important from the sector point of view that though the GOI hasn't given out goodies for the sector during the recent budget, such shows surely gives a platform for defense companies to show their mettle and strike alliances and win businesses. So it's...
Quote on rally in Bharat Dynamics Ltd by Ashwin Patil, LKP Securities
Quote on rally in Bharat Dynamics Ltd by Ashwin Patil, LKP Securities
Source: LKP Securities Ltd
16/02/2023 5:01:12 PM
Bharat Dynamics surges on entering into MoUs with several foreign, Indian companies Bharat Dynamics is currently trading at Rs. 820.15, up by 20.30 points or 2.54% from its previous closing of Rs. 799.85 on the BSE. The scrip opened at Rs. 805.00 and has touched a high and low of Rs. 825.00 and Rs. 804.95 respectively. So far 7752 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1026.00 on 27-Oct-2022 and a 52 week low of Rs. 407.70 on 24-Feb-2022. Last one week high and low of the scrip stood ...
Bharat Dynamics surges on entering into MoUs with several foreign, Indian companies
Bharat Dynamics surges on entering into MoUs with several foreign, Indian companies
Source: Accord Fintech
16/02/2023 10:16:44 AM
Thales and Bharat Dynamics to join hands for laser-guided rocket solution  Thales and Bharat Dynamics Limited (BDL), a government of India enterprise, will sign an MoU for setting up manufacturing facilities in India for precision-strike 70mm laser-guided rockets (FZ275 LGR), an official release said on Tuesday. Through the agreement, BDL will become a part of the FZ275 LGR global supply chain, providing the opportunity for export of Indian manufactured components to existing and future 70mm laser-guided rockets customers. This agreement will also provid...
Thales and Bharat Dynamics to join hands for laser-guided rocket solution
Thales and Bharat Dynamics to join hands for laser-guided rocket solution
Source: IANS
15/02/2023 10:08:10 AM
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023 Defence Minister Rajnath Singh on Monday urged Indian and global industry leaders to support the governments push for design, development and manufacture of cutting-edge products using critical technologies in the country to attain complete Aatmanirbharta in the field of defence. "The overall objective is to achieve shared global peace and prosperity," he said while addressing a gathering of over 70 CEOs from local and global original equipment manufacturers (OEMs) during a Round...
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Source: IANS
14/02/2023 11:09:27 AM
Aero India 2023: Rajnath to chair aerospace, defence industries CEOs round table  The Defence Ministry will organise a 'CEOs Round Table' on February 13, the inaugural day of Aero India 2023, under the chairmanship of Defence Minister Rajnath Singh, an official statement said on Wednesday. The platform, with theme "Sky is not the limit: Opportunities beyond boundaries", is expected to lay the foundation of a more robust interaction between the industry partners and government with an eye on bolstering the Make in India campaign, a Ministry statem...
Aero India 2023: Rajnath to chair aerospace, defence industries CEOs round table
Aero India 2023: Rajnath to chair aerospace, defence industries CEOs round table
Source: IANS
9/02/2023 10:31:00 AM
Add Bharat Dynamics Ltd Target Rs.1,100 - ICICI Securities Ltd Healthy order inflow; execution pickup to follow Bharat Dynamics’ (BDL) Q2FY23 EBITDA was up 42% YoY (123% QoQ) at Rs939mn. Key highlights: i) EBITDA margin expanded to 17.5% in Q2FY23 (Q2FY22: 13.1%; Q1FY23: 6%) and gross margin too remained healthy at 55.4%. ii) Working capital unlocking of Rs872mn resulted in robust cashflow from operations at Rs1.47bn. iii) Orderbook stands at ~Rs120bn (4.3x FY22 revenue), indicating enough headroom for growth. In our view, BDL stands on the cusp...
Add Bharat Dynamics Ltd Target Rs.1,100 - ICICI Securities Ltd
Add Bharat Dynamics Ltd Target Rs.1,100 - ICICI Securities Ltd
Source: ICICI Securities
29/12/2022 12:06:17 PM
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium In a major boost to 'Make in India' and domestic aviation manufacturing, Prime Minister Narendra Modi will lay the foundation stone of a transport aircraft manufacturing project for the Indian Air Force (IAF) at Gujarat's Vadodara on October 30. The first 16 fly-away C-295MW aircraft are scheduled to be received between September 2023 and August 2025. The first 'Made in India' aircraft is expected from September 2026. C-295MW is a transport aircraft of 5-10 tonne cap...
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium
Source: IANS
27/10/2022 5:45:00 PM
Stock of the week : Buy Bharat Dynamics Ltd For Target Rs.1190 - GEPL Capital Bharat Dynamics Limited (BDL), a Government of India Enterprise under the Ministry of Defence was established in Hyderabad in the year 1970 to be a manufacturing base for guided missiles and allied defence equipment. Nurtured by a pool of talented engineers drawn from DRDO and aerospace industries, it began its journey by producing the first Generation Anti -Tank Guided Missile (ATGM) - the French SS11B1. Investment Rationale * Almost Monopoly In Missile Manufacturing: Bharat Dynamics L...
Stock of the week : Buy Bharat Dynamics Ltd For Target Rs.1190 - GEPL Capital
Stock of the week : Buy Bharat Dynamics Ltd For Target Rs.1190 - GEPL Capital
Source: GEPL Capital
25/10/2022 11:03:05 AM
Bharat Dynamics shines on launching three new products at Defexpo-2022 Bharat Dynamics is currently trading at Rs. 942.95, up by 21.35 points or 2.32% from its previous closing of Rs. 921.60 on the BSE. The scrip opened at Rs. 928.60 and has touched a high and low of Rs. 959.00 and Rs. 924.70 respectively. So far 147631 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 978.90 on 19-Sep-2022 and a 52 week low of Rs. 370.05 on 29-Nov-2021. Last one week high and low of the scrip stood...
Bharat Dynamics shines on launching three new products at Defexpo-2022
Bharat Dynamics shines on launching three new products at Defexpo-2022
Source: Accord Fintech
21/10/2022 5:04:52 PM
Weekly Tech Picks -Sumitomo Chemical India Ltd, Cipla Ltd, Bharat Dynamics Ltd,Voltas Limited(Future) By Axis Securities Sumitomo Chemical India Limited • On the daily time frame, the stock has observed “cup & handle” breakout around 518 levels along with huge volumes • The stock is well placed above its 20,50,100 and 200 Day SMA’s which reconfirm bullish sentiments • The daily “band Bollinger” buy signal 16 September,2022indicate increased momentum • The daily and weekly strength indicator RSI is in positive terrain and sustaining above 9EMA mar...
Weekly Tech Picks -Sumitomo Chemical India Ltd, Cipla Ltd, Bharat Dynamics Ltd,Voltas Limited(Future) By Axis Securities
Weekly Tech Picks -Sumitomo Chemical India Ltd, Cipla Ltd, Bharat Dynamics Ltd,Voltas Limited(Future) By Axis Securities
Source: Axis Securities Ltd
18/09/2022 3:40:54 PM
Bharat Dynamics jumps on inking contract with Ministry of Defence Bharat Dynamics is currently trading at Rs. 834.45, up by 50.70 points or 6.47% from its previous closing of Rs. 783.75 on the BSE. The scrip opened at Rs. 810.00 and has touched a high and low of Rs. 842.25 and Rs. 806.50 respectively. So far 124163 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 904.95 on 19-Apr-2022 and a 52 week low of Rs. 341.00 on 21-Jun-2021. Last one week high and low of the scrip stood...
Bharat Dynamics jumps on inking contract with Ministry of Defence
Bharat Dynamics jumps on inking contract with Ministry of Defence
Source: Accord Fintech
1/06/2022 10:12:11 AM
Key News - Bharat Dynamics, ITC Infotech Ltd, Coffee Day Enterprises Ltd, Religare Enterprises Ltd By ARETE Securities Bharat Dynamics to supply Astra Mark-1 missiles worth Rs 2,971 crore The Ministry of Defence (MoD) signed a contract on Tuesday with Bharat Dynamics Limited (BDL) for building Astra Mark-1 beyond visual range air-toair missiles (BVRAAMs) worth Rs 2,971 crore for the Indian Air Force (IAF) and the Navy. The Astra Mark-1 missile, which has been developed by the Defence Research & Development Organisation (DRDO), can engage enemy fighter aircraft at ranges of up to 75 kilometres, the MoD ...
Key News - Bharat Dynamics, ITC Infotech Ltd, Coffee Day Enterprises Ltd, Religare Enterprises Ltd By ARETE Securities
Key News - Bharat Dynamics, ITC Infotech Ltd, Coffee Day Enterprises Ltd, Religare Enterprises Ltd By ARETE Securities
Source: ARETE Securities Ltd
1/06/2022 9:33:28 AM
Add Bharat Dynamics Ltd For Target Rs.803 - ICICI Securities Guided missile systems to drive orderbook and profitability BDL reported better than expected Q4FY22 print, with revenue up by 21.5% and 71.8% on YoY and QoQ respectively. Reported EBIDTA margins were 29.3% in Q4FY22 as against 30.3% in Q4FY21. Net profits of the company were up 1.5% and 24% on YoY and QoQ basis. Net profits of Q4FY22 includes exception item of Rs335.85mn. BDL is the key domestic supplier of SAMs and ATGMs to the Indian Armed Forces. While current orderbook stands at ~Rs11...
Add Bharat Dynamics Ltd For Target Rs.803 - ICICI Securities
Add Bharat Dynamics Ltd For Target Rs.803 - ICICI Securities
Source: ICICI Securities Ltd
30/05/2022 11:12:06 AM
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover There is no dull moment in the market as every now and then an outperformer is born, and the first quarter of calendar year 2022 (January-March) is not an exception. Bharat Dynamics, NDTV, Kiran Syntex, Adani Green Energy, Adani Wilmar, Kaiser Corporation, BLS Infotech, Khoobsurat, and Madhusudhan Securities are some of the stocks that helped their respective investors accumulate hefty returns. Out of these mentioned stocks, Kaiser Corporation rose a whopping 2,651 per cent so far in 20...
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover
Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover
Source: IANS
14/04/2022 12:51:15 PM
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities Guided missile systems to drive orderbook and profitability BDL reported a significant improvement in the reported print, with 9MFY22 revenues up ~93% YoY (still down ~13.5% from 9MFY20). Reported EBITDA margins were ~23% in 9MFY22 as against losses in 9MFY21. Currently, it is the key domestic supplier of SAMs and ATGMs to the Indian Armed Forces. While current orderbook stands at ~Rs114bn (~3.6x book to bill), management has reiterated the possibility of orderbook expanding to Rs230bn ove...
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities
Source: ICICI Securities Ltd
19/02/2022 9:23:37 AM
Apollo Micro Systems rises on bagging orders from Bharat Dynamics, DRDO Apollo Micro Systems is currently trading at Rs. 163.90, up by 5.95 points or 3.77% from its previous closing of Rs. 157.95 on the BSE. The scrip opened at Rs. 165.00 and has touched a high and low of Rs. 165.00 and Rs. 158.10 respectively. So far 9325 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 190.85 on 03-Jan-2022 and a 52 week low of Rs. 86.00 on 19-Apr-2021. Last one week high and low of the scrip stoo...
Apollo Micro Systems rises on bagging orders from Bharat Dynamics, DRDO
Apollo Micro Systems rises on bagging orders from Bharat Dynamics, DRDO
Source: Accord Fintech
14/01/2022 10:29:06 AM
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities Guided missile systems to drive orderbook and profitability BDL reported a significant improvement in the reported print, with H1FY22 revenues up 142% YoY (still down 43.5% from H1FY20). Working capital witnessed a build-up of Rs3bn, which impacted the FCF in H1FY22. Currently, it is the key domestic supplier of SAMs and ATGMs to the Indian Armed Forces. While July’21 orderbook stands at Rs87bn (2.6x book to bill), management has reiterated the possibility of orderbook expanding to R...
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities
Buy Bharat Dynamics Ltd For Target Rs.600 - ICICI Securities
Source: ICICI Securities Ltd
23/12/2021 10:07:56 AM
Technical Positional Pick - Buy Bharat Dynamics Ltd For Target Rs. 430 - HDFC Securities Technical Positional Pick - Buy Bharat Dynamics Ltd For Target Rs. 430 - HDFC Securities  TECHNICAL OBSERVATIONS The attached weekly timeframe chart of Bharat Dynamics Ltd indicate an upside bounce after a downward correction of the last two weeks. The stock price has formed a bottom reversal at the support of 20w EMA around Rs 370 levels. This is positive indication and one may expect further upside in the near term. The stock price is consistently making higher bo...
Technical Positional Pick - Buy Bharat Dynamics Ltd For Target Rs. 430 - HDFC Securities
Technical Positional Pick - Buy Bharat Dynamics Ltd For Target Rs. 430 - HDFC Securities
Source: HDFC Securities Ltd
25/08/2021 12:22:33 PM
Key News - Bharat Dynamics Ltd, Amazon , Tata Consultancy Services Ltd, Union Bank of India Ltd by ARETE Securities Key News Bharat Dynamics Ltd signs Rs 499-crore deal with IAF for Akash missiles Bharat Dynamics Limited (BDL) on Thursday signed a contract worth about Rs 499 crore with the Ministry of Defence for the manufacture and supply of Akash missiles to the Indian Air Force (IAF). According to a press release, the contract was signed by Air Commodore Ajay Singhal, Air Commodore, Guided Weapons Maintenance on behalf of Indian Air Force and Commodore T N Kaul (Retd), Executive Director (Marketin...
Key News - Bharat Dynamics Ltd, Amazon , Tata Consultancy Services Ltd, Union Bank of India Ltd by ARETE Securities
Key News - Bharat Dynamics Ltd, Amazon , Tata Consultancy Services Ltd, Union Bank of India Ltd by ARETE Securities
Source: ARETE Securities Ltd
9/07/2021 8:48:03 AM
Bharat Dynamics rises despite reporting 16% fall in Q4 net profit Bharat Dynamics is currently trading at Rs. 351.70, up by 0.55 points or 0.16% from its previous closing of Rs. 351.15 on the BSE. The scrip opened at Rs. 357.45 and has touched a high and low of Rs. 357.45 and Rs. 348.75 respectively. So far 5437 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 481.25 on 14-Aug-2020 and a 52 week low of Rs. 258.20 on 24-Jun-2020. Last one week high and low of the scrip stood at...
Bharat Dynamics rises despite reporting 16% fall in Q4 net profit
Bharat Dynamics rises despite reporting 16% fall in Q4 net profit
Source: Accord Fintech
22/06/2021 12:30:58 PM
Stock Picks - Buy Bharat Dynamics Ltd For Target Of Rs. 410 - ICICI Direct Technical Observations * The stock is in steady up trend forming higher high-low in the monthly chart. The entire up move since October 2020 is well channelled signalling sustained demand at elevated levels * The stock has recently rebounded taking support at the lower band of the rising channel and 52 weeks which has acted as strong support for the stock in the last four months consolidation. Hence, offers fresh entry opportunity with a favourable risk reward set up * It has immedia...
Stock Picks - Buy Bharat Dynamics Ltd For Target Of Rs. 410 - ICICI Direct
Stock Picks - Buy Bharat Dynamics Ltd For Target Of Rs. 410 - ICICI Direct
Source: ICICI Direct
4/03/2021 12:03:55 PM
Stock Picks - Buy Bharat Dynamics For Target Of Rs. 410.00 - ICICI Direct Technical Observations * The stock is in steady up trend forming higher high-low in the monthly chart. The entire up move since October 2020 is well channelled signalling sustained demand at elevated levels * The stock has recently rebounded taking support at the lower band of the rising channel and 52 weeks which has acted as strong support for the stock in the last four months consolidation. Hence, offers fresh entry opportunity with a favourable risk reward set up * It has immedia...
Stock Picks - Buy Bharat Dynamics For Target Of Rs. 410.00 - ICICI Direct
Stock Picks - Buy Bharat Dynamics For Target Of Rs. 410.00 - ICICI Direct
Source: ICICI Direct
3/03/2021 2:11:50 PM