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HomeSHARE MARKET₹1695 Government Company Share Announced Share Split With Dividend; April 2 Record...

₹1695 Government Company Share Announced Share Split With Dividend; April 2 Record Date

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Bharat Dynamics Ltd (NSE: BDL): Bharat Dynamics Ltd has said after its board meeting that the company has declared an interim dividend for its shareholders. Besides, the board of the company has also approved the stock split. 

The company has said in its exchange filing that it has declared an interim dividend of Rs 8.85 per share to the shareholders.

According to the company’s filing, April 2, 2024, has been set as the record date of dividend for the financial year 2023-24. The interim dividend payment will be completed by April 18, 2024.

Share Split Approved

The board of Bharat Dynamics has approved the share split. The board has approved the division of 1 share into 2 shares. 

The company announced that it would announce the record date for the stock splitting after receiving approval from shareholders through the post-ballot electronic voting process.

The company has announced that it will send post-ballot notifications and electronic voting instructions to shareholders who own shares until the deadline of March 22, 2024.

Apart from this, the company has made a big announcement saying that G. Gayatri Prasad has been appointed as CFO. Presently he is the General Manager (Finance) of the company.

Stock Performance

A spectacular rise was seen in the company’s shares today at Rs 1695 with a rise of 1.99 percent. The 52-week highest share price is Rs 1,984.80. The stock has shown a rise of 81.90 percent in the last year.

About Bharat Dynamics Ltd 

Bharat Dynamics Limited is a business based in India that is involved in the production of missiles as well as other defense equipment.

The Company supplies most of its services and goods to India’s Indian Armed Forces and the Government of India.

The company makes internal guided missiles, airborne and underwater weapons, and other defensive equipment for members of the Indian Armed Forces. 

The company operates four manufacturing facilities, three within Telangana State (Hyderabad, Bhanur Bhanur, and Ibrahimpatnam) as well as one located in Andhra Pradesh (Visakhapatnam). 

They include Varanastra, also known as a Weight Torpedo equipped with medium Range Surface Air Missiles, Quick Reaction Surface Air Missiles, Multi-Influential Ground Mines as well as a variety of others.

Fundamental Analysis of Bharat Dynamics Ltd 

Market Cap₹ 30,460 Cr.
Current Price₹ 1,695
52-wk High₹ 1,985
52-wk Low₹ 878
Stock P/E63.9
Book Value₹ 184
Dividend0.56 %
ROCE15.6 %
ROE11.3 %
Face Value₹ 10.0
P/B Value9.03
OPM17.4 %
EPS₹ 26.0
Debt₹ 4.49 Cr.
Debt to Equity0.00

Bharat Dynamics Ltd Shareholding Pattern

Promoters Holding
Dec 202274.93%
Mar 202374.93%
June 202374.93%
Sept 202374.93%
Dec 202374.93%
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FII Holding
Dec 20223.24%
Mar 20232.83%
June 20233.36%
Sept 20233.09%
Dec 20233.09%
DII Holding
Dec 202212.39%
Mar 202314.10%
June 202313.78%
Sept 202312.81%
Dec 202313.32%
Govt. Holding
Dec 20220.01%
Mar 20230.00%
June 20230.00%
Sept 20230.00%
Dec 20230.00%
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Public Holding
Dec 20229.43%
Mar 20238.15%
June 20239.17%
Sept 20239.17%
Dec 20238.64%

Bharat Dynamics Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 3,069 Cr
2020₹ 3,105 Cr
2021₹ 1,914 Cr
2022₹ 2,817 Cr
2023₹ 2,313 Cr

Last 5 Years’ Net Profit:

2019₹ 423 Cr
2020₹ 535 Cr
2021₹ 258 Cr
2022₹ 500 Cr
2023₹ 477 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:2%
5 Years:-8%
3 Years:-13%
Current Year:-2%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:16%
3 Years:13%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:9%
5 Years:-12%
3 Years:-7%
Current Year:-25%

Conclusion

This article is a complete guide about Bharat Dynamics Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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