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Bharat Dynamics Secures Rs 2,095.70 Crore Missile Contract with Ministry of Defence

Story Highlights
  • Bharat Dynamics Limited is a key player in India’s defense industry, specializing in missile production.
  • The company received a Rs 2,095.70 crore contract to supply Invar Anti-tank missiles to the Indian Army.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bharat Dynamics Secures Rs 2,095.70 Crore Missile Contract with Ministry of Defence

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Bharat Dynamics Ltd. ( (IN:BDL) ) has shared an announcement.

Bharat Dynamics Limited has secured a significant contract worth Rs 2,095.70 crore from the Ministry of Defence for the supply of Invar Anti-tank missiles to the Indian Army. This contract is set to be executed over a period of three years, reflecting the company’s strong positioning in the defense sector and its ongoing contribution to national security.

More about Bharat Dynamics Ltd.

Bharat Dynamics Limited is a government-owned enterprise under the Ministry of Defence in India. The company is primarily involved in the manufacturing of defense equipment, with a focus on producing missiles and related technologies for the Indian military.

Average Trading Volume: 88,241

Technical Sentiment Signal: Strong Buy

Current Market Cap: 561.4B INR

For a thorough assessment of BDL stock, go to TipRanks’ Stock Analysis page.

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