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HomeSHARE MARKETThis Defence Share Become Rocket After Dividend Announcement; Rs 8.85 As Dividend

This Defence Share Become Rocket After Dividend Announcement; Rs 8.85 As Dividend

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Dividend stock: Tomorrow i.e. on March 21, the shares of Defense Stock company Bharat Dynamics Ltd (NSE: BDL) are going to be divided. The company has also declared a dividend. 

After both these announcements, there has been a rise in the company’s shares during the trading. The shares of the company had reached the level of Rs 1686 in BSE after a rise of 1.45 percent.

How Much Dividend Is The Company Giving On One Share?

Bharat Dynamics Limited has said in the information given to the stock markets that a dividend of Rs 8.85 will be given on one share with a face value of Rs 10. 

The company has set April 2nd as the record date for this dividend. The company announced that it will pay the dividend to eligible investors on or before April 18.

The Share Is Going To Give Divided

Apart from this, shares of this defense sector company giving multibagger returns will also be distributed. Divide the shares of a company that has a face value of Rs.10 into two parts.

The company has said that the record date will be announced soon. According to the information available on the exchange, the stock split process will be completed within 2 to 3 months.

The Stock Market Performance Of The Company Is Excellent

The share price of this defense sector company has increased by 190 percent in the last 2 years and by 380 percent in the last 3 years.

At the same time, investors who have been holding the stock for one year have made a profit of 86.90 percent so far. 

The share price has increased 65.30 percent over the past six months.

About Bharat Dynamics Ltd Company 

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₹ 30,901 Cr.
Current Price₹ 1,686
52-wk High₹ 1,985
52-wk Low₹ 878
Stock P/E64.8
Book Value₹ 184
Dividend0.55 %
ROCE15.6 %
ROE11.3 %
Face Value₹ 10.0
P/B Value9.16
OPM17.4 %
EPS₹ 26.0
Debt₹ 4.49 Cr.
Debt to Equity0.00

Bharat Dynamics Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 1800₹ 2100
2025₹ 2232₹ 2455
2026₹ 2500₹ 2765
2027₹ 2789₹ 2876
2028₹ 2900₹ 3121
2029₹ 3253₹ 3435
2030₹ 3654₹ 3897
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Bharat Dynamics Ltd Shareholding Pattern

Promoters Holding
Dec 202274.93%
Mar 202374.93%
June 202374.93%
Sept 202374.93%
Dec 202374.93%
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%
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Govt. Holding
Dec 20220.01%
Mar 20230.00%
June 20230.00%
Sept 20230.00%
Dec 20230.00%
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
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Last 5 Years’ Net Profit:

2019₹ 423 Cr
2020₹ 535 Cr
2021₹ 258 Cr
2022₹ 500 Cr
2023₹ 477 Cr

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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