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After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

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Bharat Dynamics has more than doubled in 2022, but currently trades 14 per cent lower from its historic peak.

Avdhut Bagkar Mumbai
Shares of aerospace and defence company, Hindustan Aeronautics hit a new all-time high on Thursday, while Bharat Electronics, manufacturer of ammunitions and missile systems too registered a new all-time high. Likewise, Bharat Dynamics too witnessed a robust rally, gaining over 6 per cent in today's intra-day session.

Hindustan Aeronautics was in focuys after the company signed a $100 million contract with US engine-maker Honeywell, for 88 engines to power the indigenous Hindustan Turbo Trainer – 40 (HTT-40), on which the Indian Army, Navy and Indian Air Force (IAF) pilots will first learn to fly. READ MORE

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First Published: Jul 28 2022 | 2:22 PM IST

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