NSE: BDL | BSE: 541143

Expensive Performer

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1620.30 -2.80 (-0.17%)

82.06% Gain from 52W Low

753.7K NSE+BSE Volume

NSE 30 Jul, 2025 3:31 PM (IST)

59,394.1

Market Cap

High in industry

1.2

Beta 1Year

High Volatility

Bharat Dynamics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BDL, BSE:541143 Bharat Dynamics Ltd.

Bharat Dynamics Ltd.

03 Apr 2023

1620.30

-0.17%

Bharat Dynamics

Buy: Bharat Dynamics Ltd.

Target

ICICI Direct

Bharat Dynamics Ltd. is trading above its 200 day SMA of 1385.1

Bharat Dynamics Ltd.

08 Feb 2023

1620.30

-0.17%

Pickup in order inflow awaited

Accumulate: Bharat Dynamics Ltd.

Target

ICICI Securities Limited

Bharat Dynamics’ (BDL) Q3FY23 EBITDA was down 69% YoY (5% QoQ) at Rs889mn. Key highlights: i) EBITDA margin expanded to 19.3% in Q3FY23 (Q2FY23: 17.5%) and gross margin too remained healthy at 69.8%. ii) Higher R&D expenses in light of future opportunities resulted in spurt in ‘other expenses’.

Bharat Dynamics Ltd. has an average target of 1650.00 from 3 brokers.

Bharat Dynamics Ltd.

08 Feb 2023

1620.30

-0.17%

Bharat Dynamics

Buy: Bharat Dynamics Ltd.

Target

ICICI Direct

Bharat Dynamics Ltd. is trading below its 30 day SMA of 1827.0

Bharat Dynamics Ltd.

14 Nov 2022

1620.30

-0.17%

Healthy order inflow; execution pickup to follow

Accumulate: Bharat Dynamics Ltd.

Target

ICICI Securities Limited

Bharat Dynamics’ (BDL) Q2FY23 EBITDA was up 42% YoY (123% QoQ) at Rs939mn. Key highlights: i) EBITDA margin expanded to 17.5% in Q2FY23 (Q2FY22: 13.1%; Q1FY23: 6%) and gross margin too remained healthy at 55.4%.

Number of FII/FPI investors increased from 179 to 216 in Jun 2025 qtr.

Bharat Dynamics Ltd.

13 Nov 2022

1620.30

-0.17%

Bharat Dynamics

Buy: Bharat Dynamics Ltd.

ICICI Direct

Bharat Dynamics Ltd. has an average target of 1650.00 from 3 brokers.

Bharat Dynamics Ltd.

16 Aug 2022

1620.30

-0.17%

Healthy order inflow; execution pickup to follow

Accumulate: Bharat Dynamics Ltd.

ICICI Securities Limited

Bharat Dynamics (BDL) has reported lower-than-expected earnings in Q1FY23 with ~50% QoQ decline in revenue and ~85% QoQ decline in PAT.

Bharat Dynamics Ltd. has an average target of 1650.00 from 3 brokers.

Bharat Dynamics Ltd.

28 Mar 2018

1620.30

-0.17%

BHARAT DYNAMICS LIMITED

IPO Note: Bharat Dynamics Ltd.

Geojit Research

Bharat Dynamics Ltd (BDL) is the leading defence PSUs with over four decades of experience in manufacturing Surface to Air missiles (SAMs), Anti-tank guided missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. Additionally, BDL is engaged in the business of refurbishment & life extension of missiles manufactured and is also a sole supplier of SAMs & ATGMs to Indian armed forces. The company currently has three manufacturing facilities located in Hyderabad, Bhanur and Vishakhapatnam. Over the last five years, BDL has delivered consistent growth...

Bharat Dynamics Ltd. is trading below its 30 day SMA of 1827.0

Bharat Dynamics Ltd.

13 Mar 2018

1620.30

-0.17%

Bharat Dynamics Ltd - Subscribe

IPO Subscribe: Bharat Dynamics Ltd.

Rudra Shares and Stock Brokers Ltd

The objects of the Offer are:

To carry out the disinvestment of Equity Shares by the Selling Shareholder.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Company’s two additional manufacturing facilities which is in process of setting up at Ibrahimpatnam (near Hyderabad) and Amravati in Maharashtra which shall be used to manufacture SAMs and Very Short Range Air Defence Missiles (VSHORADMs) respectively , expected to be operational by FY2021 & its current order book as of January 31, 2018, at ?10,543cr with additional capital expenditure that the company would incur next year combined with the advantage that it has being the sole manufacturer for SAMs, torpedoes, ATGMs and also the sole supplier of SAMs and ATGMs to the Indian armed forces, with a CAGR growth of around 30% attracts the company.

Moreover, taking into consideration, the current market opportunities in defense and Government of India’s initiative, ‘Make in India’ aims to boost the nation’s domestic manufacturing sector as well as to create market by targeting international market. Considering all these factors, we recommend to SUBSCRIBE the IPO