Bharat Dynamics Share Value: Shares of Bharat Dynamics Ltd surged 7 per cent on Friday after the state-owned defence producer posted a robust September quarter efficiency. Brokerage agency Motilal Oswal has reiterated its “purchase” name on Bharat Dynamics Ltd. (BDL) after the state-owned defence producer posted a robust September quarter efficiency. The agency additionally raised its value goal to Rs 2,000 from Rs 1,900, signalling a possible upside of 32 per cent from Thursday’s closing value.
Execution improves as provide chain pressures ease
BDL reported its Q2 outcomes after market hours on Thursday. In line with analysts, the easing of provide chain constraints helped the corporate speed up its execution tempo, contributing to a strong quarterly displaying. Margins, nevertheless, remained beneath stress as a result of mixture of ongoing initiatives — an element the brokerage believes will enhance progressively.
Including to its momentum, Bharat Dynamics introduced a recent order price Rs 2,000 crore for Invar anti-tank missiles. Motilal Oswal famous that the corporate stands to learn meaningfully from emergency procurement exercise within the defence sector.
The brokerage expects the corporate to report sturdy monetary progress over the following three years. Income, EBITDA and internet revenue are projected to develop at a compounded annual progress price of 35 per cent, 64 per cent and 51 per cent, respectively, between FY25 and FY28.
“Going ahead, we count on execution progress to stay sturdy, pushed by a wholesome order ebook, and in addition count on margins to enhance because the working leverage kicks in,” the agency wrote in its report.
Selection Broking echoed the optimistic outlook, sustaining its “purchase” score with a value goal of Rs 1,965. The brokerage has valued the inventory at 35 occasions estimated FY27–FY28 earnings per share, citing the corporate’s order visibility and sustained demand within the defence phase.
Shares of Bharat Dynamics closed 1.1 per cent decrease on Thursday at Rs 1,516. The inventory has gained 34 per cent to date in 2025.
