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Bharat Dynamics zooms on signing contract for supply of Konkurs - M AntiTank Missiles to Indian Army

03 Feb 2022 Evaluate

Bharat Dynamics is currently trading at Rs. 522.70, up by 35.30 points or 7.24% from its previous closing of Rs. 487.40 on the BSE.

The scrip opened at Rs. 515.20 and has touched a high and low of Rs. 535.70 and Rs. 515.20 respectively. So far 59695 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 535.70 on 03-Feb-2022 and a 52 week low of Rs. 321.50 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 535.70 and Rs. 476.05 respectively. The current market cap of the company is Rs. 8933.13 crore.

The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 19.11% and 5.96% respectively.

Bharat Dynamics (BDL) and Indian Army have signed a contract worth Rs 3,131.82 crore for manufacture and supply of Konkurs - M AntiTank Guided Missiles to the Indian Army. The contract, which was signed at New Delhi, will be executed in three years. The order book position of BDL stands at Rs 11,400 crore (net) including the Konkurs-M contract.

Konkurs – M is being manufactured by BDL under license agreement with a Russian OEM (Original Equipment Manufacturer). The missile has been indigenized upto maximum extent. BDL is also offering Konkurs- M missile for export to friendly foreign countries. BDL has augmented its manufacturing capacity to meet the domestic as well as overseas demand for Konkurs - M. As a part of its global outreach, BDL is also offering Man Portable Anti-Tank Guided Missiles, Nag, Milan-2T and Amogha, in addition to Konkurs – M, for exports.

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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