Bharat Dynamics hits new high; stock surges 34% in 8 straight sessions

The counter witnessed three-fold jump in volume with a combined 2.3 million equity shares changing hands on the NSE and BSE.

Shares of Bharat Dynamics (BDL) hit a new high at Rs 597 on rallying 8 per cent on the BSE in Thursday’s intra-day trade on the back of heavy volumes. The stock of the state-owned defence company traded higher for the eight straight day, and has soared 34 per cent during this period.

At 02:02 pm; the stock was up 6 per cent at Rs 589, as compared to a 2 per cent rise on the S&P BSE Sensex. The trading volume at the counter jumped over three-fold with a combined 2.3 million equity shares changing hands on the