Bharat Dynamics Limited (BDL) share price rose by 3% on Wednesday after the company secured a ₹4,362.23 crore contract from the Ministry of Defence. The deal involves the supply of armaments to the Indian Armed Forces. Due to security reasons, the company has not disclosed further details about the order.
In a stock exchange filing, Bharat Dynamics confirmed the signing of the contract, stating, “We wish to inform that today BDL has signed a contract worth ₹4,362.23 crore with the Ministry of Defence for the supply of armaments to Indian Armed Forces.”
Earlier in January, the Defence Ministry had signed a ₹2,960 crore agreement with a state-owned company for the procurement of medium-range surface-to-air missiles (MRSAM) for the Indian Navy. The contract was finalised in the presence of Defence Secretary Rajesh Kumar Singh.
Bharat Dynamics reported strong financial results for the December quarter:
As of March 26, 2025, at 3:21 PM IST, Bharat Dynamics share price stood at ₹1,322.80, up by ₹7.20 (0.55%) for the day. The stock opened at ₹1,315.60, reached an intraday high of ₹1,357.70, and touched a low of ₹1,304.75. The company’s market capitalisation is ₹48,490 crore, with a P/E ratio of 85.74 and a dividend yield of 0.33%. Over the past 52 weeks, the stock has traded between a high of ₹1,794.70 and a low of ₹836.50.
The recent order win strengthens Bharat Dynamics’ position in the defence sector, further boosting investor confidence.
With a robust order book and steady financial growth, Bharat Dynamics continues to solidify its role in India’s defence manufacturing sector. The latest contract further strengthens its market position.
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Published on: Mar 26, 2025, 3:27 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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