Bharat Dynamics: Due to the emphasis of the Central Government to make the country ‘self-reliant’ in the defense sector, the price of shares of state-owned company Bharat Dynamics Limited has almost doubled this year. This company works under the Ministry of Defense and manufactures surface-to-air missiles, anti-tank guided missiles, torpedoes and other defense equipment.
This year alone increased by more than 96 percent
According to stock market data, the share price of Bharat Dynamics Limited has jumped more than 96 percent so far this year. The company’s shares have gained more than 40 percent so far in April.
The company recently did a joint venture
Bharat Dynamics Limited has recently signed a Joint Memorandum of Understanding (MoU) with the Tawajun Economic Council of the United Arab Emirates. This has also strengthened the company.
Know the movement of shares in 1 year, 5 years
Today, with a jump of Rs 52.80 in the share rate of Bharat Dynamics Limited, that is, trading has closed at Rs 768.95 after a rise of 7.37 percent. If we look at its one-year return, it has registered a jump of Rs 435.10 i.e. 130.33 percent. On the other hand, if we look at 5 years, then it has got a business return with a jump of Rs 379.15 or 97.27 percent.