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Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd Q2FY25 Financial Performance: BDL reported decent set of numbers with better than our expectations on revenue front. Revenue for the quarter de-grew by 12.2% YoY and improved +185.2% on QoQ basis to Rs 5.4bn (Our estimates Rs 4.3bn) Vs last Rs 6.1bn in Q2FY24, led by robust topline executions. Gross profit is de-grew by -7% YoY and improved +102% QoQ basis to stood Rs 3.2bn vs CEBPL estimates RS 2.6bn. Gross margin improved by 350bps YoY to 60.0% vs our estimates 59.7%. EBIDTA came at Rs 0.98...
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd
Source: Choice Broking
2024-11-19 10:56:46 am
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd Q2FY25 Financial Performance: BDL reported decent set of numbers with better than our expectations on revenue front. Revenue for the quarter de-grew by 12.2% YoY and improved +185.2% on QoQ basis to Rs 5.4bn (Our estimates Rs 4.3bn) Vs last Rs 6.1bn in Q2FY24, led by robust topline executions. Gross profit is de-grew by -7% YoY and improved +102% QoQ basis to stood Rs 3.2bn vs CEBPL estimates RS 2.6bn. Gross margin improved by 350bps YoY to 60.0% vs our estimates 59.7%. EBIDTA came at Rs 0.98...
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choice Broking Ltd
Source: Choice Broking
2024-11-17 06:15:11 pm
Buy Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd View and valuation: BDL is inline with capability building to carter future growth. We expect order execution to pick up from FY25 onwards led by various order execution such as in the near term, the company expects execution of program such as Astra Mk-1, SAAW, ULPGM, Drone fired Bombs, SPIKE-ER, 70MM LGR orders by FY25 and QRSAM, NAG ATGM, Advanced Torpedo, MIGM, GRAD Rockets by FY26. Post that the company expects Akash-NG, VLRSAM, MPATGM, Heavy weight Torpedo, AMOGHA-III ATGM, MISTRAL, ...
Buy Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Buy Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-09-05 12:34:06 pm
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd View and valuation: BDL is inline with capability building to carter future growth. We expect order execution to pick up from FY25 onwards led by various order execution such as in the near term, the company expects execution of program such as Astra Mk-1, SAAW, ULPGM, Drone fired Bombs, SPIKE-ER, 70MM LGR orders by FY25 and QRSAM, NAG ATGM, Advanced Torpedo, MIGM, GRAD Rockets by FY26. Post that the company expects Akash-NG, VLRSAM, MPATGM, Heavy weight Torpedo, AMOGHA-III ATGM, MISTRAL, ...
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Source: Choice Broking Ltd.
2024-09-02 05:19:45 pm
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd BDL reported very disappointed numbers for this quarter. Reported revenue for the quarter de-grew by 36.5% YoY to Rs 1.8bn (Our est. Rs 5.6bn) Vs last Rs 2.9bn in Q1FY24. Gross profit decreased by 8% YoY/-72% QoQ basis to stood Rs 1.6bn vs CEBPL est. 3.3bn, Gross margin improved by 2598bps YoY/ 1752 QoQ to 84.6% vs our est. 58.9%. EBIDTA came at Rs -523mn (vs our Est. Rs 456mn), Margin become worse for this qtr stood at -27.9% vs -11% last year same period (vs Est. of 8.1%). APAT came at Rs 7...
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Reduce Bharat Dynamics Ltd For Target Rs.1501 By Choice Broking Ltd
Source: Centrum Broking Ltd
2024-08-13 05:11:50 pm
Stocks of Defence firms rise as India`s annual production hits record high of Rs 1.27 lakh crore The stocks of leading Indian Defence companies surged on Friday after the government announced that annual Defence production hit a record high of nearly Rs 1.27 lakh crore in the financial year 2023-24, reflecting a growth of 16.7 per cent over Defence production of the previous financial year.  The Ministry of Defence achieved the highest-ever growth in indigenous Defence production in value terms during FY24, on the back of successful implementation of the policies and initiatives ...
Stocks of Defence firms rise as India`s annual production hits record high of Rs 1.27 lakh crore
Stocks of Defence firms rise as India`s annual production hits record high of Rs 1.27 lakh crore
Source: IANS
2024-07-05 04:38:03 pm
Bharat Dynamics gains on reporting 89% rise in Q4 net profit Bharat Dynamics is currently trading at Rs. 1555.50, up by 8.75 points or 0.57% from its previous closing of Rs. 1546.75 on the BSE. The scrip opened at Rs. 1621.65 and has touched a high and low of Rs. 1629.40 and Rs. 1487.25 respectively. So far 296617 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1650.00 on 24-May-2024 and a 52 week low of Rs. 450.50 on 25-Oct-2023. Last one week high and low of the scrip s...
Bharat Dynamics gains on reporting 89% rise in Q4 net profit
Bharat Dynamics gains on reporting 89% rise in Q4 net profit
Source: Accord Fintech
2024-05-31 03:44:33 pm
Metal, PSU stocks lead market gains Metal stocks are the top sectoral gainers in trade while PSU stocks also posted strong gains on Wednesday. The metal stocks index is up 2.8 per cent. SAIL is up 7 per cent, NMDC is up 5 per cent, while JSW Steel is up 3.7 per cent intra-day. PSU stocks are also firm with the index, up 2 per cent. Among the PSUs, metal and defence stocks are outperforming on Wednesday. Defence stocks like Bharat Dynamics are up 7 per cent, Hindustan Aeronautics is up more than 4 per cent, GRSE is up 3 pe...
Metal, PSU stocks lead market gains
Metal, PSU stocks lead market gains
Source: IANS
2024-04-24 03:19:17 pm
Sell Bharat Dynamics Ltd for Target Rs.1500 By Elara Capital Supply chain woes to delay execution Supply from Israel hit till Q4, disbalance from Russia-Ukraine steadies The management of Bharat Dynamics (BDL IN) indicated that supply chain concerns led by the Russia-Ukraine war have largely mitigated as of now and complete normalization may be expected by Q1FY25. However, supplies from Israel may only begin to improve from Q1FY25, thus delaying the execution for medium-range surface-to-air missile (MRSAM). Steady run rate expected in FY25E-26...
Sell Bharat Dynamics Ltd for Target Rs.1500 By Elara Capital
Sell Bharat Dynamics Ltd for Target Rs.1500 By Elara Capital
Source: Elara Capital
2024-03-16 12:35:57 pm
Reduce Bharat Dynamics Ltd For Target Rs. 1,600 - Elara Capital Steep execution challenge in Q4FY24 Q3 revenue below estimated on supply chain overhang Bharat Dynamics’ (BDL IN) revenue rose 30% YoY to INR 6bn in Q3FY24, 18% below our estimates. Growth was likely led by execution of the Konkurs anti-tank guided missile (ATGM), and Astra Mk1. BDL regained execution momentum in Q3FY24 after three consecutive quarters of...
Reduce Bharat Dynamics Ltd For Target Rs. 1,600 - Elara Capital
Reduce Bharat Dynamics Ltd For Target Rs. 1,600 - Elara Capital
Source: Elara Capital
2024-02-21 12:18:20 pm
India`s HAL posts higher quarterly profit on aircraft demand, inventory gain  India's Hindustan Aeronautics Ltd (HAL) reported a 9% rise in third-quarter profit on Monday, helped by aircraft demand from the defence sector and an inventory-related gain. Consolidated net profit came in at 12.61 billion rupees ($151.92 million) for the three months ended Dec. 31, the state-owned aerospace and defence company said in a filing. Capital goods and manufacturing companies have benefited from the Indian government's push for higher capital expenditure in its...
India`s HAL posts higher quarterly profit on aircraft demand, inventory gain
India`s HAL posts higher quarterly profit on aircraft demand, inventory gain
Source: Reuters
2024-02-12 04:00:23 pm