Shares of Bharat Dynamics surged 4 percent to Rs 1,550 on August 13 after the company posted a strong performance for the June quarter (Q1 FY26). Brokerages have maintained a bullish stance on the defence PSU, projecting up to 50 percent upside from current levels, saying its valuations are reasonable.Since the start of this year, the stock has rallied more than 30 percent, comfortably outperformi...

Shares of Bharat Dynamics declined 2.24% to Rs 1,940.70 in early trade. At 9:19 am, the stock witnessed negative movement on the NSE, reflecting a decrease from its previous close.Considering the company's financial performance, the standalone annual income statement shows consistent revenue generation. Sales for the year-ending March 2025 stood at Rs 3,345 Crore, up from Rs 2,369 Crore in March 2...

Defence stocks: Paras Defence shares rallied 9?ter turning ex-split.Defence stocks saw a significant surge on July 4 after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately Rs 1.05 lakh crore. The sharp rise in the share prices pushed the Nifty India Defence index up nearly 1.7 percent to hover around 9,006 in the morning.Defence Minister Rajnath Sing...

Defence stocks significantly surged on June 13 after Israel conducted strikes on Iran, fueling hopes of higher defence equipment orders amid heightened global uncertainties. The sharp rise in the share prices pushed the Nifty India Defence index up nearly 1 percent to snap a two-day losing streak.Notably, the defence stocks had seen significant profit booking at elevated levels recently, after an ...

Shares of Bharat Dynamics ended their two-day winning streak, falling by 5 percent to Rs 1,844 per share on May 28. The decline came after the defence manufacturer reported a drop in quarterly profits and a significant contraction in operating margins.This pullback followed a strong rally in defence stocks fueled by hopes of increased military spending amid recent cross-border tensions. For the mo...