India's Bharat Dynamics rises on FY25 turnover data

Bharat Dynamics

02/04/2025 11:00

** Shares of Bharat Dynamics BARA.NS rise as much as 5.1% to 1,308 rupees after FY25 turnover update

** Missile manufacturer's provisional FY25 turnover rose 39.2% Y/Y to 33 bln rupees ($385.9 mln)

** Adds, its provisional FY25 export turnover jumped more than seven-fold Y/Y to 12 bln rupees

** Stock on track to snap three straight sessions of loss, if trend holds

** Avg rating of seven analysts equivalent of "buy", median PT is 1,355.50 rupees - LSEG data

** Stock rose 14.1% in the March quarter, snapping two straight quarterly fall

** Stock up 15.5% YTD

($1 = 85.5175 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))