Increased order books, implementation of favourable policies and rising exports contributed to the rally resulting in the upgrades

Bharat Dynamics To Mazagon Docks Upgraded On NSE Indices After Recent Rally

Defence stocks: Phillip Capital is optimistic on favourable policies with highest priority for local manufacturing, Agnipath Scheme and strategic partnerships.

Defence stocks to buy: HAL, Bharat Dynamics, BEL, MTAR Tech are Phillip Capital’s top picks

ICICI Securities is bullish on Bharat Dynamics recommended buy rating on the stock with a target price of Rs 1325 in its research report dated August 08, 2023.

Buy Bharat Dynamics; target of Rs 1325: ICICI Securities

Bharat Dynamics said its standalone sales more than halved on a year-on-year basis. Profit rose but largely due to jump in other income.

Bharat Dynamics shares crack 6% after Q1 results. Here’s why

Bharat Dynamics Q1 results: Standalone net profit was up 5 percent YoY to Rs 41.8 crore in the June quarter whereas revenue more than halved to Rs 297.7 crore.

Bharat Dynamics Q1 Results: Profit inches up 5%, revenue declines 57%

Sector-wise, buying was seen in telecom, capital goods, consumer durables, and power stocks while selling was visible in metals and banks. Mazagon Dock Shipbuilders up 10%; Bharat Dynamics sees spike of nearly 14%, and Polycab India closes with gains of over 6%

Breakout Stocks: How Mazagon Dock, Bharat Dynamics and Polycab are looking on charts for Wednesday

Defence shares: Among individual shares, Bharat Dynamics soared 18.29 per cent to hit a one-year high price of Rs 1,278. Cochin Shipyard jumped 15.28 per cent to scale a day high of Rs 672.25, slightly below its 52-week high level of Rs 686.80. Shares of Mazagon Dock were locked at 10 per cent upper…

Bharat Dynamics, Cochin Shipyard, Mazagon Dock, other defence stocks zoom up to 18% today; here’s why

#markettoday #marketupdate #marketnews #sensex #nifty #investor 
Defence sector stocks rallied up to 10 per cent on reports that the Defence Procurement Board has approved a proposal to buy 26 Rafale fighters and Scorpene submarines for the Indian Navy. What should investors do with defence stocks? Find out!
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#MARKETTODAY | Mazagon Dock, Bharat Dynamics, Cochin Shipyard Rally Up To 10%! What's Next?

Defence Sector has an opportunity pipeline of $110 bn over 6-8 years, says Phillip Capital. Initiates coverage with Buy on BEL, Bharat Dynamics, MTAR Tech. . @blitzkreigm with the key details on ValueAdd. 

#indiadefence #defencesector #phillipcapital #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   #cnbctv18 

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Defence Sector Opportunity Pipeline Of $110 Billion Spread Over 6-8 Years: Phillip Capital

Revenue guided to reach Rs 50 billion/Rs 60 billion by FY25/FY26E on the back of strong execution.

Bharat Dynamics - Execution To Pick Up Strongly Over Next Two-Three Years: Prabhudas Lilladher

Premier Explosives stock rose 6.24% intraday to Rs 467.10 against the previous close of Rs 439.65 on BSE.