BDL

Defence stocks soar up to 110% so far in 2022. Which one should you buy?

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Defence stocks soar up to 110% so far in 2022. Which one should you buy?

NEW DELHI: While a number of bluechips have been sulking in a volatile 2022, defence stocks have been firing on all cylinders. Missile-maker Bharat Dynamics (BDL), which has been below the radar of most brokerages as only a handful of them have coverage on the PSU, has seen its shares more than double so far … Read more

Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe

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Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe

NEW DELHI: The over Rs 900-crore Offer for Sale (OFS) of government shares in defence firm Bharat Dynamics got off to a smooth start with the portion reserved for institutional investors oversubscribed 1.40 times. The government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece. … Read more