India's Bharat Dynamics gains after $85 million order from Defence Ministry
24/09/2026 09:02
BUZZ-India's Bharat Dynamics gains after $85 million order from Defence Ministry ** Guided missile systems and equipment maker Bharat Dynamics BARA.NS shares rise about 2% amid broader market weakness; last up 1.3%
** BARA signs contract with Ministry of Defence for supply of Satellite Smart Anti-Airfield weapons and associated equipment for the Indian Air Force
** Order valued at about 8.11 billion rupees ($84.6 million), BARA says in an exchange filing
** YTD, BARA shares are down about 20%, lagging the 22% rise in the Defence index .NIFTYINDDEFENCE
($1 = 95.8950 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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