14 Nov 2025 | 3 Mins Read
Choice Institutional Equities recommends Bharat Dynamics with buy rating
Flipitmoney
Bharat Dynamics (BDL) delivered a strong Q2FY26 with 114.2% YoY and 396.4% QoQ revenue growth. Accelerated execution across missile programs drove this growth, ahead of street estimates. A robust orderbook (~7x FY25 revenue) and incremental pipeline of INR 500–600 Bn provide multi-year earnings visibility. BDL maintains a BUY rating at INR 1,965.