Bharat Dynamics Limited Secures Orders Worth Rs 1347.71 Crore from Hindustan Aeronautics Limited
Bharat Dynamics Limited (BDL) has received significant orders totaling approximately Rs 1347.71 crore (gross) from Hindustan Aeronautics Limited (HAL). The contracts, which are confidential due to national security concerns, cover critical defense components.The substantial order includes two main components: Helina Launchers and LRUs, valued at Rs 1109.37 crore (gross), and CMDS LRUs, amounting to Rs 238.34 crore (gross).
The contracts have been awarded by the domestic entity HAL. These orders are set to be executed over a span of 24 to 60 months. BDL has confirmed that there is no interest held by the promoter or promoter group in the awarding entity, and the transaction does not constitute a related party deal.
Key details regarding the order receipt from Hindustan Aeronautics Limited (HAL) are presented below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Hindustan Aeronautics Limited (HAL) |
| Nature of Contract | Receipt of orders |
| Total Broad Consideration | Rs 1347.71 crore (gross) |
| Execution Timeline | To be executed in a span of 24-60 months |
BDL Stock Price Movement
Shares of Bharat Dynamics Limited are edging higher to ₹1395.8 as of 2:05 PM today, gaining 0.37%. Trading volume currently stands at 1.67 million shares for the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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