Bharat Dynamics share price rises 10%, BDL signs Rs 3,132-cr contract with Indian Army

Bharat Dynamics share price rises 10%
Bharat Dynamics share price rises 10% (Image: Canva)

The share price of Bharat Dynamics Limited, India’s one of the leading missile system manufacturing company, went up 10% today in early trade.

The share price of the company is up 6.20% even at noon (IST), this is because the company has signed a contract with the Indian Army worth Rs 3131.82 crore.

Under this contract, the company will manufacture and supply Konkurs-M, Anti-Tank Guided Missiles to the Indian Army over a period of 3 years.

With this contract, the order book of the company stands at Rs 11400 crore. The company’s share price has increased by more than 30% in the last month.

52 Week High536.30
52 Week Low321.10
Sector PE26.17
Face Value10
Dividend Yield1.43
Mkt Cap (Rs. Cr.)9,411
Book Value Per Share146.48

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Net Profit 2021 (Rs. Cr.)257
Debt to equity (2021)0.00
Revenue 2021 (Rs. Cr.)1,913
Dividend/Share (INR)7.35
Promoters holding74.93%

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