Bharat Dynamics extends rally; stock soars 26% in two trading days

The stock rallied 9 per cent to Rs 317 on Thursday in early morning trade, surging 26 per cent in past two trading days in otherwise range-bound market on back of heavy volumes.

Shares of Bharat Dynamics rallied 9 per cent to Rs 317 apiece on Thursday in early morning trade, surging 26 per cent in past two trading days in an otherwise range-bound market on the back of heavy volumes.

The trading volumes of the counter more than doubled with a combined 650,129 equity shares changing hands on the BSE and NSE till 09:48 am. The S&P BSE Sensex was trading at 35,973, down 0.06 per cent in past couple days.

The stock of the state-owned defence company soared 40 per cent from the level of Rs 226 on February 14, after the