Bharat Dynamics is currently trading at Rs. 358.75, up by 10.85 points or 3.12% from its previous closing of Rs. 347.90 on the BSE.
The scrip opened at Rs. 360.00 and has touched a high and low of Rs. 365.00 and Rs. 356.25 respectively. So far 18232 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. NA and Rs. NA respectively. The current market cap of the company is Rs. 6376.35 crore.
The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 17.88% and 7.20% respectively.
Bharat Dynamics and Thales have signed a Teaming Agreement to work in partnership on the STARStreak Air Defence system with the support of both the Governments of India and the United Kingdom. The Teaming Agreement was signed at a virtual ceremony held on January 13, 2021. Bharat Dynamics will become a part of the STARStreak global supply chain, providing the opportunity for export of the system to existing and future STARStreak Air Defence customers, including the UK Armed Forces through this agreement.
Earlier, Thales and company have signed Memorandum of Understanding to assess the opportunity for the transfer of technology for STARStreak. The signing of this teaming agreement confirms a positive outcome from that exploration process.
Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.
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