ThinkStock PhotosICICI Direct has buy call on Bharat Dynamics with a target price of Rs 410 for a duration of 14 days. The current market price of Bharat Dynamics is Rs 379.95. ICICI Direct recommends to keep a stoploss at Rs 349.
Bharat Dynamics, incorporated in the year 1970, is a mid cap company with a market cap of Rs 6,956.44 crore, operating in defence sector.
Bharat Dynamics key products/revenue segments include engineering goods, sale of services, spares and others, other operating revenue, job work, miscellaneous and scrap for the year ending 31-Mar-2020.
Financials
For the quarter ended 31-12-2020, the company has reported a standalone total income of Rs 513.85 crore, up 78.69 per cent from last quarter's total income of Rs 287.57 crore and down 5.15 per cent from last year same quarter's total income of Rs 541.75 crore. Company has reported net profit after tax of Rs 49.19 crore in latest quarter.
Promoter/FII Holdings
Bharat Dynamics, incorporated in the year 1970, is a mid cap company with a market cap of Rs 6,956.44 crore, operating in defence sector.
Bharat Dynamics key products/revenue segments include engineering goods, sale of services, spares and others, other operating revenue, job work, miscellaneous and scrap for the year ending 31-Mar-2020.
Financials
For the quarter ended 31-12-2020, the company has reported a standalone total income of Rs 513.85 crore, up 78.69 per cent from last quarter's total income of Rs 287.57 crore and down 5.15 per cent from last year same quarter's total income of Rs 541.75 crore. Company has reported net profit after tax of Rs 49.19 crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.93 per cent stake in the company as of Dec 31, 2020, while FIIs held 0.12 per cent, DIIs 17.77 and public and others 7.18 per cent.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
