Bharat Dynamics jumps on signing contract for supply of Akash Missiles to Indian Air Force

Bharat Dynamics Ltd. | Defence | Capital Goods & Industrial Consumables | BSE: 541143 | NSE: BDL

09 Jul 2021 Evaluate

Bharat Dynamics is currently trading at Rs. 388.50, up by 15.80 points or 4.24% from its previous closing of Rs. 372.70 on the BSE.

The scrip opened at Rs. 385.10 and has touched a high and low of Rs. 399.00 and Rs. 384.05 respectively. So far 73676 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. 280.70 on 22-Sep-2020.

Last one week high and low of the scrip stood at Rs. 385.15 and Rs. 363.55 respectively. The current market cap of the company is Rs. 6830.89 crore.

The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 17.80% and 7.27% respectively.

Bharat Dynamics (BDL) has signed a contract worth about Rs 499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force. With the present contract signed for supply of Akash to Indian Air Force, the order book position now stands at about Rs 8683 crore.

The company is supplying Akash Missiles to Indian Army and Indian Air Force. With the announcement from the Union Cabinet regarding clearance of Akash Weapon System for Export, the company is exploring to offer Akash for export to foreign countries. It has already received export leads from some countries expressing interest in procuring the Missile. The company has a well-established infrastructure and expertise to execute these orders and meet the customer delivery schedule.

Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.

Bharat Dynamics Share Price

1447.80 -18.20 (-1.24%)

08-May-2026 16:59 View Price Chart

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