Bharat Dynamics shares fall 7%, snaps 10-day gaining streak; what led to the plunge?
Over the past 10 days, BDL stock has soared by nearly 70 per cent, and in the last six months, it has risen by 150 per cent.
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Over the past 10 days, BDL stock has soared by nearly 70 per cent, and in the last six months, it has risen by 150 per cent.
ICICI Securities is bullish on Bharat Dynamics recommended buy rating on the stock with a target price of Rs 1500 in its research report dated December 04, 2023.
Worries about delayed execution have eased to an extent but the Israel war could delay supply of components for a key project
Nifty IT fell 1%, dragged by Tech Mahindra, Infosys, and TCS. Meanwhile, Nifty Bank, Nifty Financial Services, and Nifty Media declined 0.7%-1.6%. The market capitalisation of all listed companies on BSE declined by Rs 2.03 lakh crore to Rs 309.27 lakh crore. The market breadth was skewed in the favour of the bears. About 2,463 stocks declined, 1,224 gained, and 108 remained unchanged on the BSE
Shares of ammunitionand missile maker Bharat Dynamics have more than doubled so far in 2022.