The stock has gained 7.38% in two trading sessions from its previous closing low of Rs 209.4 posted on 4 May 2020.
BDL's standalone net profit fell 71.8% to Rs 53.18 crore on a 49.6% decline in net sales to Rs 495.42 crore in Q3 December 2019 over Q3 December 2018.
Bharat Dynamics manufactures defense equipment. The company offers ammunitions, counter measures dispensing, infra red interference indicators, and missile systems. BDL serves military and aerospace industries in India.