Bharat Dynamics Ltd Shares: Defense sector company Bharat Dynamics Ltd did good business in the stock market on Friday. On this day, the shares gained 7.2 percent and reached their high level of Rs 1,628.60. There are two reasons for this rise in shares – one, the company has performed brilliantly in the second quarter of the financial year 2026 and second, it has received a big order from the Government of India.

Company’s revenue also increased

In the July-September quarter, the profit after tax (PAT) of the defense company has also increased by 76.2 percent year-on-year, which was recorded at Rs 216 crore. Whereas in the second quarter of the financial year 2025 it was Rs 123 crore. During this period, revenue doubled to Rs 1,147 crore, which is 110.6 percent more than the same quarter last year. At the same time, EBITDA increased by 90 percent to Rs 188 crore. However, EBITDA margin declined by 170 basis points to 16.4 percent.

Order worth Rs 2,095.70 crore to BDL

The company has received an order worth Rs 2,095.70 crore from the Defense Ministry for the supply of Invar anti-tank missiles. This order is to be completed in three years. BDL has signed a contract worth Rs 2,095.70 crore with the Defense Ministry for the supply of Inver anti-tank missiles for the Indian Army, the company said in an exchange filing.

Brokerage has expectations from the stock

Shares of Bharat Dynamics have given a strong return of 63.71 percent last year. The stock has risen 42.93 percent year-to-date. The stock has gained 2.75 percent in the last three months and 8.8 percent in the last month. However, due to some profit booking during the six months, there has also been a decline of 8.19 percent. Brokerage house Motilal Oswal is confident about the shares of BDL, hence the brokerage has given it a ‘BUY’ rating and set a target price of Rs 2000.

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Defense sector shares: After approving the purchase of indigenous weapons worth Rs 1.05 lakh crore by the government, the shares of the defense sector remained in the focus today. The Defense Acquisition Council, headed by Defense Minister Rajnath Singh, flagged off 10 military procurement proposals, which will be done under the ‘Buy Indian IDDM’ category. The result of this is that as soon as the market opened, there was a surge in defense stock, which led to a rise of about 2 percent in the Nifty India Defense Index.

The purchase of these things got approval

On the social media platform X, the Ministry said, on July 3, led by Defense Minister Rajnath Singh, the Defense Acquisition Council approved 10 capital acquisition proposals worth about Rs 1.05 lakh crore through indigenous sources. Major approvals include armored recovery vehicle, electronic war system, SAM, integrated inventory system, naval mines, mine counters Major Wessals and Submersible Autonomous Vessals. This will promote mobility, air defense, logistics efficiency and meritime security. ”

Defense stock seen

With this announcement, on July 4, 2025, Paras Defense and Space Technologies shares jumped more than 9 % in early trade. This boom in the company’s shares came not only because of the announcement of DAC, but also because the company did ex-split for its first stock split on 4 July. Stock split was split in the ratio of 1: 2 in the shares of Paras Defense.

Similarly, Garden Reach Shipbuilders and Engineers (GRSE) took a 2.5 percent lead in Intrade Trade and the shares of Majgaon Dock Shipbuilders also rose by 2 percent. Bharat Dynamics Limited (BDL) and Solar Industries also rose more than 1 percent. Bharat Electronics (BEL) shares also led to a bounce of about 1.5 percent.

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