Bharat Dynamics is currently trading at Rs. 291.55, up by 13.35 points or 4.80% from its previous closing of Rs. 278.20 on the BSE.
The scrip opened at Rs. 278.25 and has touched a high and low of Rs. 304.90 and Rs. 275.35 respectively. So far 9558 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 428.00 on 31-May-2018 and a 52 week low of Rs. 260.00 on 24-Oct-2018.
Last one week high and low of the scrip stood at Rs. 304.90 and Rs. 273.55 respectively. The current market cap of the company is Rs. 5058.56 crore.
The promoters holding in the company stood at 87.75%, while Institutions and Non-Institutions held 7.54% and 4.71% respectively.
Bharat Dynamics (BDL) has signed contract worth around Rs 760 crore with the Indian Army for production and supply of Anti-Tank Guided Missiles (ATGM) and Launchers. The Missiles and Launchers will be manufactured under continued technical collaboration with Russia at the Bhanur Unit of BDL in Telangana State.
Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.