Bharat Dynamics up 3%

Bharat Dynamics announced today morning it has received Konkurs-M ATGM order along with launchers and test equipments worth Rs. 633 crore.

With the receipt of this order, the order book of the company now stands at around Rs.8100 crore.

Last week, the company announced that it all geared up for export of Akash missile. The company has been promoting the product at various forums including national and international exhibitions. The missile being offered for exports will be of a different version and it is already supplying Torpedoes to a foreign country.

Post receipt of this order, the stock price today morning rose over 3% to Rs.355.80 and is now trading at Rs.351 levels. Its 52-week high and low stands at Rs.481.25 and Rs.147 respectively.