Announced Wed, 24 Jun · 13:24 IST
BDL bags orders worth Rs 1,347.71 crore from HAL
BDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹1389.90
prior close
₹1395.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.8-0.7-0.3-2.1-3.3-1.2-0.9-0.3+1.5-9.3-10.7——
Up moveDown movePending
AI summary
Bharat Dynamics (BDL) has received orders worth about Rs 1,347.71 crore (gross) from Hindustan Aeronautics Limited (HAL). The order includes Helina Launchers and LRUs worth Rs 1,109.37 crore and CMDS LRUs worth Rs 238.34 crore. These domestic orders are to be executed over 24 to 60 months. BDL is a Government of India defence PSU under the Ministry of Defence, and HAL is also a defence PSU. Order terms are confidential due to national security.
Likely market impact
Large defence order from HAL boosts BDL order book and gives multi-year revenue visibility. Positive for the stock.