14 Nov 2025 | 3 Mins Read

Motilal Oswal backs defence stock for 32% gains

Flipitmoney

Motilal Oswal maintains a "buy" rating on Bharat Dynamics Ltd. with a revised price target of ₹2,000, implying a 32% upside. The brokerage expects 35% revenue, 64% EBITDA, and 51% net profit growth over FY 2025-28. Bharat Dynamics reported a strong Q2 performance, with an order worth ₹2,000 crore announced for the Invar anti-tank missiles.