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BDL — Bharat Dynamics News Story

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India's Bharat Dynamics rises as quarterly profit soars

** Shares of Bharat Dynamics BARA.NS rise 4.2% to 1,549 rupees

** Co posts a 30% rise in revenue from operations yoy; PAT jumps 155% to 183.5 million rupees

** Co benefits from strong order book and easing of supply chain issues, Motilal Oswal says

** Motilal Oswal upgrades stock to "buy", PT at 1,900 rupees

** Brokerage sees strong TAM and emergency procurement to enhance BARA's revenue visibility
** BARA rated "buy" on avg by analysts covering it, as per data compiled by LSEG
** YTD, BARA up ~38% vs defense index's .NIFTYINDDEFENCE 20% rise

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com))

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