Shares of Bharat Dynamics Ltd. (BDL) rose in early trade on Tuesday, December 2, after the state-owned defence equipment manufacturer announced it secured additional orders worth ₹2,461.62 crore from the Indian Army.
Order Details:
The orders, received since November 13, 2025, include:
- Anti-Tank Guided Missiles (ATGMs): To be executed over 42 months.
- Surface-to-Air Missiles (SAMs): To be executed over 12 months.
This follows another significant contract worth ₹2,095.70 crore signed with the Ministry of Defence in November for the supply of Invar Anti-Tank Missiles.
Stock Performance and Financials:
- The stock was trading 0.52% higher at ₹1,537.50 on the BSE at 9:20 AM.
- The company recently reported strong Q2 FY26 results, with net profit surging 76.18% year-on-year to ₹215.88 crore and total revenue more than doubling to ₹1,147.02 crore.
Share Price Context:
- The share touched a 52-week high of ₹2,096 on May 30, 2025, and a 52-week low of ₹908.90 on March 3, 2025.
- At current levels, the stock is trading 27.03% below its 52-week high and 68.28% above its 52-week low.
- The company's market capitalization stands at ₹56,065.73 crore.