India's Bharat Dynamics rises after profit jump, deal win

Bharat Dynamics

14/11/2025 04:48

** Shares of Bharat Dynamics Ltd BARA.NS rise as much as 7.3% to 1,628.8 rupees
** Missile systems maker reported a 76.2% y/y rise in Q2 profit, total rev more than doubled
** Co also signed contract worth 20.96 bln rupees ($238.47 mln) with Ministry of Defence for supply of Invar Anti-tank missiles for the Indian Army
** Stock up 4.9% for the week so far after two straight weekly losses
** More than 4.2 mln shares traded as of 10:13 a.m. IST, 4x their 30-day moving avg
** Mean rating of stock is 'hold'; their median PT is 1,667 rupees - data compiled by LSEG
** BARA last up 6%, adding to YTD gains of 35.2%

($1 = 87.8950 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))