BDL bags orders worth Rs 1,347.71 crore from HAL

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

BDL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹1389.90

prior close

₹1395.90

announcement price

In-mkt

timing

Nifty Midcap 150market+0.1%-0.6% vs market

Aerospace & Defense peers, median of 24sector-1.0%+0.5% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Midcap 150 and 0.5 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.8

15m

-0.7

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.1-0.6-1.0+0.5

Next day

-2.1-0.4-1.6-2.7+0.7

-3.3-0.8-2.5-3.6+0.3

-1.2-0.3-0.9-1.7+0.4

-0.9-0.1-0.8-1.1+0.1

-0.3+0.4-0.7-0.0-0.3

+1.5+0.5+0.9+0.7+0.8

15d

-9.3+0.9-10.2-2.6-6.7

-10.7-0.7-10.0-4.0-6.7

-1.6+2.5-4.1-2.3+0.7

-16.9-1.7-15.2-0.5-16.4

UpDownMarket · Nifty Midcap 150Sector · Aerospace & Defense peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.