BDLBSEBharat Dynamics LtdHighPositive
Announced Wed, 24 Jun · 13:20 IST

BDL gets orders worth Rs 1,347.71 cr from HAL

Govt Defence OrderBusiness Updates View source PDF

BDL · price

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹1389.90
prior close
₹1383.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.2+0.3+0.7-2.1-3.3-1.2-0.9-0.3+1.5-9.3-10.7
Up moveDown movePending
AI summary

BDL has received orders worth about Rs 1,347.71 crore from Hindustan Aeronautics Ltd (HAL). The order includes Helina Launchers and LRUs valued at Rs 1,109.37 crore and CMDS LRUs at Rs 238.34 crore. Delivery to be completed over 24 to 60 months. BDL is a Government of India defence PSU and HAL is a domestic defence entity, with no promoter group interest in HAL.

Likely market impact

Boosts BDL order book and provides revenue visibility over the next 2-5 years. Positive for the stock.