Q4 Results Preview: ICICI Securities sees stable quarter for defence companies, except Bharat Dynamics

In the last week of March 2023, the Ministry of Defence (MoD) placed orders worth ₹442.4 billion, benefiting public sector undertakings (PSUs) such as Bharat Electronics, Bharat Dynamics, Garden Reach Shipbuilders &amp; Engineers, Cochin Shipyard, and Goa Shipyard.

Defence stocks in the green; Bharat Electronics, Bharat Dynamics rise up to 7% – here's why

On Thursday, the Ministry of Defence signed contracts worth ₹35,000 crore with Indian shipyards Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipment.

Bharat Dynamics surges over 2% on positive on export order win

Bharat Dynamics' share price rose 2.1% on Thursday after the company received an export order worth $255 million. The stock has grown over 15% in the last six months and outperformed its sector by 66.2%.

Bharat Dynamics jumps 5% after company signs 10 MoUs in Aero India

At the current level, Bharat Dynamics is trading over 131.69 percent above its 52-week low and just 8 percent below its 52-week high.

Bharat Dynamics, Metro Brands and more: 15 small-cap stocks that gained 40-136% in 2022

More than a dozen small-cap stocks in the NIFTY Smallcap 100 Index witnessed gains in the range of 40-136 percent in 2022.

Bharat Dynamics, GRSE and more: ICICI Securities' top defence picks after govt approves ₹84,328 crore procurement

As per the brokerage, the primary beneficiaries, among its coverage companies could be Bharat Dynamics, Solar Industries and GRSE led by their focus on missile systems, explosives and next-generation offshore patrol vessels.

Bharat Dynamics: Up 142% in 2022; analysts sees 27% more upside in this defence stock

Bharat Dynamics has overall delivered an astounding return in 2022 and currently holds the second spot in the BSE PSU index with returns of 123% over the past year. So far in 2022, it has risen from ₹391.55 on January 03, 2022, to its current level of ₹947.35.

Multibagger Alert: Bharat Dynamics doubled investor wealth in 2022; Here's why

Bharat Dynamics is a small-cap defence stock with a market capitalization of Rs. 15,830.92 crores. Bharat Dynamics clocked a net profit of ₹264.4 crore in the March quarter.

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Q4 Results Preview: ICICI Securities sees stable quarter for defence companies, except Bharat Dynamics

markets

Defence stocks in the green; Bharat Electronics, Bharat Dynamics rise up to 7% – here's why

markets

Bharat Dynamics surges over 2% on positive on export order win

markets

Bharat Dynamics jumps 5% after company signs 10 MoUs in Aero India