Bharat Dynamics is currently trading at Rs. 344.00, up by 4.90 points or 1.45% from its previous closing of Rs. 339.10 on the BSE.
The scrip opened at Rs. 346.50 and has touched a high and low of Rs. 346.50 and Rs. 343.30 respectively. So far 2070 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. 147.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 346.50 and Rs. 325.50 respectively. The current market cap of the company is Rs. 6215.07 crore.
The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 17.94% and 7.13% respectively.
Bharat Dynamics (BDL), the manufacturer of Akash Missile, is geared up to take up export order. Given the export potential and demand of Akash in the international market, the company has been promoting the product at various forums including national and international exhibitions. The missile being offered for exports will be of a different version. The company is already supplying Torpedoes to a foreign country.
The Akash Weapon System, designed and developed by DRDO with 96% indigenous content, is being manufactured by BDL at its Hyderabad Unit with a large number of supply chain partners which include DPSUs, MSMEs and private industry. The company manufactured Akash Missiles are already in the inventory of the Indian Army as well as Indian Air Force and the successful test firing results reaffirm the company’s commitment to achieve the highest quality standards about product and support to its customers.
Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment
