Bharat Dynamics Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharat Dynamics Limited (BDL) has received an order worth Rs 809 crore (gross) for the supply of one of its Anti-Tank Guided Missiles (ATGM) from Armoured Vehicles Nigam Limited (AVNL), a domestic government entity under the Ministry of Defence. The order is to be executed over a period of 3 years. The terms and conditions of the contract are confidential due to national security considerations. There is no promoter or related party interest in the awarding entity.
This is a sizeable order worth roughly 25% of BDL's annual revenue, providing strong revenue visibility over the next 3 years and reinforcing BDL's position as a key domestic missile manufacturer. Positive for the stock as it strengthens the order book and underscores continued indigenisation in India's defence sector.